© Heikki Topi

Computing and University Education in Analytics

ACM Education Council

San Francisco, CA

November 2, 2013

Heikki Topi, Bentley University

McKinsey Global Institute ReportManyika et al. (2011). Big data: The next frontier for

innovation, competition, and productivity. McKinsey Global Institute.

Highly influential in bringing big data, big data analytics and analytics in general to the mainstream conversation

Some highlights from the intro to this report: “40% projected growth in global data gathered vs. 5%

growth in global IT spending” “140,000 – 190,000 more deep analytical talent positions

and 1.5 million more data-savvy managers needed to take full advantage of big data in the U.S.”

McKinsey Global Institute Report

High level of hype but also useful recognition of an area

(yet another) that fundamentally depends on

computing

Analytics: Simple, but Useful Categorization (Watson, 2013)Descriptive analytics

Reporting, OLAP, dashboard, scorecards, data visualization

Predictive analyticsRegression analysis, factor analysis, neural networks

Prescriptive analyticsFocuses on system performance optimizationForecasting and mathematical programming

Watson, H. (2013) The Business Case for Analytics. BizEd Magazine, July.

Davenport, Barth, & Bean (SMR 2012): Data ScientistData scientists “understand analytics, but they

also are well versed in IT, often having advanced degrees in computer science, computational physics, or biology- or network-oriented social sciences.”

“Their upgraded data management skills set – including programming, mathematical and statistical skills, as well as business acumen and the ability to communicate effectively with decision-makers – goes well beyond what was necessary for data analysts in the past”

Advanced Analytics: None of the Disciplinary Requirements Trivial Computer science

Algorithms and data structures Machine learning Parallel and distributed computing HCI – data visualization Core technologies (e.g., Hadoop, Cassandra, HDFS, Hbase, Hive,etc.)

Statistics Association rule learning Cluster analysis, classification, regression, factor analysis Neural networks Network analysis

Information science Advanced natural language processing methods Sentiment analysis

Advanced Analytics: None of the Disciplinary Requirements TrivialInformation Systems

Organizational data and database managementData qualityRequirements analysis – applying computing to a

domain Impact analysis and forecasting

Information Technology Implementing and managing increasingly complex

infrastructure requirements

© Heikki Topi

Source: http://www.informationweek.com/big-data/slideshows/big-data-analytics/big-data-analytics-masters-degrees-20/240145673

Sample Degrees from the IW listBentley University, McCallum Graduate School of Business:

Master of Science in Business Analytics

CMU, Heinz College of Public Policy and Information Systems: Master of Information Systems Management with a concentration in Business Intelligence and Data Analytics

Columbia University, The Fu Foundation School of Engineering and Applied Science: Master of Science in Computer Science, concentration in Machine Learning

DePaul University, College of Computing and Digital Media: Master of Science in Predictive Analytics

Drexel University, LeBow College of Business: Master of Science in Business Analytics

Sample DegreesHarvard University, School of Engineering and Applied

Sciences: Master of Science in Computational Science and Engineering

Louisiana State University, Ourso College of Business: Master of Science in Analytics

NYU, Stern School of Business: MBA, specialization in Business Analytics

Stanford University, School of Engineering (CS): Master of Science in Computer Science, Specialization in Information Management and Analytics

UC Berkeley, College of Engineering (EE and CS): Master of Engineering, concentration in Data Science and Systems

Sample DegreesUniversity of Illinois at Urbana-Champaign,

Graduate College, Department of Statistics: Master of Science in Statistics, Analytics concentration

University of Ottawa, Telfer School of Management, School of IT and Engineering and Faculty of Law: Master in Electronic Business Technologies

Advanced Analytics: Multiple Disciplinary StakeholdersMathematics

Statistics

Computer Science

Information Systems

Econometrics

Domain expertise (e.g., various medical fields, marketing, manufacturing control, extraction of natural resources, finance, utilities, scientific disciplines) Intensive competition for control over degree programs

Questions for Computing EducationAre we capable of collaborating with all

necessary disciplines?

How do we manage a number of competing relationships and offer truly integrated degrees?

How do we determine which discipline(s) take the leadership role in integrated programs?

Computing for the 1.5 million “data-savvy managers”? (MGI)

More Questions for Computing EducationHow do we manage the competition for

talented students?

What is our role in analytics curriculum development?

Yet another reason to push for more and more advanced computing for everybody?