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5 Reasons Why Everybody Should Learn Data Analytics

1. Find Connections that Matter

Quantitative methods answer pressing questions for stakeholders, but first you have to understand how to make the best use of data. When it comes to making the connections between analytics and decision-making, graduate programs are not all the same. For example, the data science or analytics degrees in computer science departments may not focus on the problems that are the highest priorities in today’s enterprises. By contrast, a multidisciplinary analytics degree from a business department equips professionals to confront urgent and intriguing issues at leading companies around the world.

In a business school environment, professionals find the resources to synthesize knowledge of data mining, programming and machine learning with strategic planning and communication, making a real impact on the organization. Insights into all these areas come from business analytics faculty who engage in cutting-edge research with real-world applications. Renowned experts who study the uses of data for management, finance, marketing and operations present students with unique perspectives on the challenges that will affect their careers and the future of business.

2. Communicate Persuasively

Organizations only reap the full benefits of an analytics strategy when everyone involved in planning and executing their strategies—including managers and employees on both technical and non-technical teams—understand the implications of their data. Analytics professionals with a business background can create compelling visualizations and reports but also have the overall communication skills to spur teams into action.

Carnegie Bosch Professor of Operations Research Willem van Hoeve described the ways a business analytics education can be especially valuable for engaging teams that cross multiple departments and functions.

“When managing an interdisciplinary team, being able to speak the language of the machine learning experts as well as the business users gives you not only credibility but also the opportunity to build bridges in an organization and truly leverage the power of analytics,” he said.

3. Predict What’s Next

Data professionals aren’t fortune-tellers, and analytics tools aren’t crystal balls. Nonetheless, predictive analytics enables an organization’s stakeholders to think ahead with algorithms that extrapolate from past data to determine what changes are likely over the months and years to come. These findings may reveal what products existing customers will probably buy next, warn cybersecurity teams about potential incidents of fraud or project the performance of financial assets.

Routledge researches quantitative methods to understand and predict market behavior. He has pursued his interests through projects such as modeling the dynamics of oil prices and probing for patterns in insider trading. He discussed how developing algorithms that help analysts foresee likely outcomes for stocks involves both exceptional challenges and great rewards.

“The thing that is different about a finance setting is the variability,” Routledge explained. “Stock returns are just hugely volatile; the data is so noisy. But the returns to getting just a tiny grain of signal out of this data are really big.”

4. Elevate Your Career

All kinds of companies are looking to hire data experts, but quantitative methods alone can only take you so far. Zachary Lipton, an assistant professor of business technologies at CMU, suggested that professionals who expand their horizons are best positioned to reach their career goals.

“If you’re really great at mathematics or software development, but you don’t know how to apply those techniques to a business problem, or you can’t communicate to other stakeholders in your organization, you’re not going to be very good at an applied machine learning or applied data science job,” Lipton said. “The highest demand is for professionals who have all three skillsets.”

How Tepper Gives You the Edge in Business Analytics

Organizations that keep data management and organizational decision-making siloed miss out on opportunities for growth. That’s why companies need individuals who connect robust quantitative methods with sophisticated business strategy. A graduate education in business analytics provides the specialized knowledge and hands-on skills that allow analytics professionals to advance their careers, excel in leadership roles and make a difference in their organizations. masters in business analytics online Organizations that keep data management and organizational decision-making siloed miss out on opportunities for growth. That’s why companies need individuals who connect robust quantitative methods with sophisticated business strategy. A graduate education in business analytics provides the specialized knowledge and hands-on skills that allow analytics professionals to advance their careers, excel in leadership roles and make a difference in their organizations.

The online Master of Science in Business Analytics (MSBA) from the Tepper School of Business at Carnegie Mellon University helps students to develop proficiency in the full range of state-of-the-art business analytics techniques. A comprehensive curriculum that encompasses data visualization, machine learning and optimization, and large-scale data management readies professionals to take on complex challenges in tomorrow’s analytics-driven organizations.

Online MSBA students benefit from a world-class education through the internationally renowned business school that pioneered the discipline of management science. Courses are taught by CMU’s faculty of top researchers and creators who make multidisciplinary leaps in areas like machine learning, accounting, communication, finance, organizational behavior, marketing and operations management. The online MSBA equips graduates with an unparalleled education and connects them with an international network of professionals.

GIS For Real Estate

Use of GIS Application in Real Estate

Geographic information science (GIS) has wide-ranging applications, providing valuable insights into everyday challenges for city residents, the surfaces of other planets, election results, and more. While many GIS jobs are found in government agencies and civil service, the private sector is also increasingly making use of these systems. Geospatial information can benefit organizations in industries ranging from harvesting timber to insurance.

Real estate is one field where sophisticated tools for analyzing geographic information have made a significant impact. GIS databases offer troves of information regarding property boundaries and zone types—details that come in handy for developers, real estate agents, property owners and others.

GIS in Real Estate

In the mid-1990s, businesses began to explore the possibilities of GIS in real estate. Initially, geographic data mainly served as a resource to streamline tasks for analysts. However, real estate companies soon saw GIS technology’s strategic potential and went on to use these tools in a variety of innovative ways:

  • The commercial real estate giant CB Commercial – now known as CBRE Group – employed GIS technology to support its brokerage and portfolio management services. By utilizing mapping software, the company was able to improve its market analyses, thereby strengthening its relationships with clients.
  • San Francisco-based Castle Consulting established itself as the first firm primarily focused on real estate GIS, developing software to support property appraisal and portfolio management.
  • The Minnesota geospatial software firm GeoSpan equipped vans to capture video from properties and associate the footage with GPS coordinates. That meant potential clients could view properties on their computer rather than driving to the location themselves.

Over the years, applications geographic data in real estate continued to evolve as advanced solutions were implemented around the world. By implementing GIS-based management systems, real estate companies and local governments gained access to detailed and accurate information about property uses and boundaries.

Large-Scale GIS Applications in Real Estate

Spatial problem-solving can be adapted to real estate projects at both small and large scales. Consider how GIS helped the Union Pacific Railroad, which is the second-biggest landholder in the U.S. after the federal government, manage its property.

Since its founding in 1862, the railroad had used paper maps to track its purchases and sales of land. After over a century, the documents were inefficient and crumbling, making it exceptionally difficult to track crucial information. The company decided the best solution was to digitize its maps using a GIS platform, providing centralized access to updated records on all the company’s real estate.

If you are looking for best GIS certificate program in the USA, you must visit USC GIS certificate program once.

The change saved UPN “an immeasurable amount of time doing property research,” according to John Hawkins, an information systems project manager in the railroad’s real estate department. The company used the technology for purposes such as locating obstructions along the railroad, identifying excess land to sell and establishing rights-of-way.

“All of the functions we do in the Real Estate Department depend on these maps,” Hawkins said. “We have found even more uses for them than we had originally envisioned.”

The Future of GIS and Real Estate

As applications for GIS technology continue to expand, any organization involved in real estate will discover benefits for addressing today’s property management needs and seizing future opportunities. Many local governments have invested in GIS databases that make it simple to research parcels of land. Both buyers and sellers can gain perspective on a transaction by overlaying the map of an area with information about relevant factors like school districts, access to utilities and the availability of retail or services.

Robust spatial analysis techniques enable firms to evaluate sites, plot out marketing plans and optimize tenant management strategies. By incorporating findings from multiple databases, like census data and financial history, real estate professionals can precisely assess a plot of land’s value and make predictions about future developments.

Further advances in technology will only make geographic information more vital to the business of real estate. The continuing growth of readily available data enables organizations to develop a deeper understanding of the factors that impact property value. Increasingly robust software and automation will empower decision makers to move faster and take advantage of openings in the market.


The Key Principles OF Lean Six Sigma

In today’s fast-paced, globalized business world, competition among modern corporations is fierce. In this climate, every competitive edge matters, leading business professionals to continually explore new management tools, techniques, and leadership approaches.

But it may not be a new methodology that yields the best solution. As companies fine-tune their processes for optimal efficiency and work to maintain superior standards of quality, a combination of the tried and true Lean method and Six Sigma approach might just be the ticket for success.

Concepts of Lean Six Sigma

The primary aim of the Lean method is to reduce waste. The goal of Six Sigma is to reduce variation for optimal quality control. The discipline known as Lean Six Sigma (LSS) blends these two approaches. Refinements to the production process are essential to managing and reducing the 8 wastes analyzed by the Lean method. By paying careful attention to how waste affects production processes (and vice versa), business leaders can take significant strides toward optimizing their operations.

5 Lean Six Sigma Principles

Experts recommend that you keep these 5 key Lean leadership principles in mind to help ensure the success of your LSS project.

Work for the customer

The primary goal of any change you want to implement should be to deliver maximum benefit to the customer. Establish a clear standard of quality early on that’s defined by what the customer or market demands.

Find your problem and focus on it

During the re-tooling processes, it’s easy to get caught up in a whirlwind of desired changes and lose focus on the initial problem. Gather data that shows you where your specific problem area lies and concentrate on refining only that area of your business. Any attempt to broadly alter the company or change the product will likely derail the LSS process.

Remove variation and bottlenecks

Once you’ve identified the problem, it’s time to look for ways to decrease opportunities for defects. These openings often come in the form of long, intricate processes that leave significant room for mistakes and waste. Streamlining or removing these functions is an excellent way to achieve quality control and efficiency.

Communicate clearly and train team members

Lean Six Sigma fundamentals require that all team members are versed in LSS, know the goals of the project, and are informed of its progress. Six Sigma methodology can cause tremendous change and requires specialized focus on the part of management. Advanced certifications in Six Sigma are critically important for reducing the risk of project failure and ensuring that the entire process run smoothly.

Be flexible and responsive

Change and Lean Six Sigma go hand-in-hand. A process or function that is identified as faulty or inefficient, must be refined or removed. Clinging to a failing approach is not an option with LSS. Change and change management can be challenging and painful, but it’s a small price to pay for what every business leader strives for: a leaner, stronger, more competitive company.

About Purdue’s Online Lean Six Sigma (LSS) Certificate Program

Purdue University offers comprehensive online Lean Six Sigma (LSS) certificate programs designed for working professionals with varying levels of Lean Six Sigma experience. The online Lean Six Sigma certificate courses prepare professionals to satisfy the immense demand for Lean expertise, skills and certification.

Purdue offers the following courses 100% online:

  • Lean Six Sigma Green Belt
  • Lean Principles
  • Lean Six Sigma Black Belt
  • Lean Six Sigma Green Belt Refresher

How To Prepare For Your MBA Interview Questions?

In 2019, U.S. business schools received over 130,000 applications from prospective graduate students around the world. To stand out in a crowded field of candidates for one of the best MBA programs, you have to prove your potential to excel in both the classroom and the workplace. That starts with submitting an up-to-date résumé featuring evidence of your past professional and academic achievements, recommendation letters from highly credible references and an essay that compellingly explains your reasons for pursuing graduate education.

Candidates who make it through the initial round of selection often face a crucial challenge: the MBA interview. This is an opportunity for admissions committees to find out more about your reasons for pursuing an MBA and for you to exhibit your greatest strengths as a candidate. Make the most of it by researching what types of questions to expect and developing a strategy to present your qualifications.

Your MBA interview preparation could make a big difference in achieving your career goals. Here are a few MBA interview tips to consider before taking the next step toward enrolling in a master’s program at a top business school:

Present Yourself in the Best Light With These MBA Interview Tips

Do Your Homework

You’ve probably already researched the business schools and MBA programs that best suit your academic and professional goals before applying, but you should dig deeper prior to the interview. Keep in mind that an admissions committee evaluates your ability to meet the school’s academic demands as well as make a positive contribution to its culture.

Find out as much as you can about the program’s educational philosophy and curriculum so you can explain how you’ll fit in. Interviewers may be especially interested in what you have to say about topics like collaboration with peers, corporate responsibility or big data’s role in the future of leadership.

Minimize surprises by finding out what interview format to expect. While some business schools may simply have you speak one-on-one with an admissions representative, others might ask several candidates to take part in a group discussion or invite you to meet faculty members and alumni.

Advocate for Yourself

Your goal is to convince your interviewers that you’re not just qualified, but an exceptional candidate for an online MBA program. Strengthen that argument by determining four or five key points that you want to emphasize during the interview.

Each of your main ideas should highlight how you exhibit vital skills and characteristics for business leaders like:

  • Problem solving
  • Strategic planning
  • Analysis
  • Teamwork
  • Communication
  • Initiative
  • Organization
  • Time management
  • Networking

Consider how your past accomplishments and experiences support each of your major points. Keep in mind that you’ll have limited time to provide details, so choose straightforward examples that vividly illustrate your capabilities.

Practice Your Responses

A mock interview is an effective way to hone your answers and bolster your confidence. Responding in real time to tricky questions can help you get comfortable with discussing complicated challenges and naturally referencing the qualities that make you stand out. Ask a professional associate, a mentor, a friend or a family member to participate and provide feedback on your performance.

Try to make the mock interview as realistic as possible:

  • If your MBA interview is in person, you should arrange to practice in a professional location like an office or conference room.
  • If you’re preparing to interview online, a practice session is an excellent time to test your video-conferencing software. Consider your backdrop. Find the right angle for your webcam and remove any clutter from your workspace.
  • Dress for the occasion, even if your mock interview is online.

Focus on Tone and Timing

Verbal communication skills are vital for advancing your career and also essential to MBA interview preparation. Get your points across effectively by speaking clearly and accounting for speed and tone. Take a video of yourself answering some practice questions to identify any problems in your self-presentation and make corrections.

Some key aspects to consider when reviewing the video include:

  • Do you talk at a pace that’s engaging and easy to understand?
  • Are your tone of voice and vocabulary appropriately formal?
  • Do you emphasize key terms and occasionally pause to let your points sink in?
  • Are you in control of your volume?
  • Do you consistently employ professional body language and posture that make you appear attentive and confident?
  • Are you projecting genuine enthusiasm for the program and institution?

Bring Your Own Questions to the Table

Interviewers search for applicants who would be positive additions to their MBA program and business school community. By asking thoughtful questions, you present yourself as someone who has done your research and is genuinely engaged in learning more.

Avoid bringing up topics that are covered extensively on the school’s website or promotional materials. Instead, have questions in mind that tell the interviewers something about your professional goals and interests. Possibilities include asking about the program’s approach to a particular business issue, networking opportunities, faculty research or special events planned for the coming year. Following up on a topic your interviewers mentioned earlier is a good way to show off your listening skills.

Know the Most Common MBA Interview Questions

In an interview, you need to think on your feet and concisely address complicated issues. Build a strategy for promoting your biggest strengths and most significant experiences while strengthening your confidence. You can make things easier in the moment by considering how you would answer MBA interview questions and outlining your ideas in advance.

Investigate whether the program shares sample interview transcripts online, and see if you can communicate with current students or alumni about their experiences. You can’t predict every topic that interviewers might raise during your conversation, but there are a number of central issues that come up frequently in MBA interviews. Even if these specific questions are not covered, solidifying your responses to each of the following ahead of time could help you express your main ideas:

  • Tell me about yourself.
  • Why do you want to earn your MBA in this program?
  • How will earning your MBA help you reach your long-term goals?
  • Why are you a good candidate for this program?
  • What characteristics or skills make you an effective leader?
  • What are your greatest strengths?
  • What is your greatest weakness?
  • How would you contribute to our school’s community?
  • Tell me about a challenge you faced and how you handled it.
  • Is there someone in your industry you admire, and why?

Each interview is unique, and it’s imperative to steer the conversation toward a convincing argument for your admission. As you practice, note any opportunities to bring up your most relevant skills and qualities, supporting your claims with examples and anecdotes from your professional background. Plan how you’ll answer follow-up questions and elaborate on your statements.

Graduate education is about both expanding your skills and forming relationships with peers, faculty and stakeholders in organizations. A top-ranked program like the Online MBA from the University of Southern California’s Marshall School of Business strives to select students who will become effective leaders and active members of the university community. If you’re invited to a USC MBA interview, you’ll have the chance to demonstrate what makes you an exceptional professional and advance toward your long-term objectives. By approaching this conversation well prepared, you could set the course for the future of your career.

About the USC Marshall School of Business

USC Marshall is one of the premier business schools in the U.S. and internationally recognized as a home for path-breaking research that emphasizes entrepreneurship, innovation, leadership and social responsibility. The USC Online MBA from the Marshall School of Business is built to help students succeed in the digitally driven business landscape, providing a curriculum focused on the practical skills expected of today’s global leaders. Located in the heart of Los Angeles, Marshall brings undergraduate and graduate students a unique perspective on the world, including global opportunities for experiential learning. The vibrant and active Trojan alumni community includes more than 89,000 people in 92 countries.

For inquiries regarding the USC Marshall School of Business: – (877) 779-6643

coding franchises for kids

Why Every Child Should Learn To Code?

To prepare humanity for the next 100 years, we need more of our children to learn computer programming skills, regardless of their future profession. Along with reading and writing, the ability and to program is going to define what an educated person is. – Sal Khan, Founder, Khan Academy

 As computers continue to be essential in nearly all aspects of our world, the demand for those who understand how they work will increase. This directly affects how you should be preparing your children for their lives and future careers.

 The American Bureau of Labor Statistics forecasted that 400,000 students will graduate with a computer science degree in 2015 and by that time, the demand for jobs in relevant fields will be 1.4 million. The report showed that 84% of the parents in the study acknowledged that computer science subjects are required in primary and secondary education. Nowhere is this truer than in Austin, where the high-tech sector is a significant contributor to our local economy, total job growth, and especially average salary growth.

In the next decade, computer science will become synonymous with learning a second language in school, except that programming touches every industry globally. Unlike Spanish and French, which is spoken regionally, computer science is a universal language. As we become a more technologies society there will be an insatiable demand for people who know how to write software. Computer science classes in high school will enable your child to do the unthinkable, change the world, and provide tremendous value to others; therefore we’re giving coding franchises for kids for their better future in coding. Who knows, your child might have his/her own revenue generating company before he or she is 18! They could even become the next Mark Zuckerberg!

 Computer science classes in high school Coding is the language of the future and perfect for kids that like:

  • Programming and problem solving
  • Collaboration and innovation
  • To understand the systems and technology the world relies on
  • To formulate, analyze, and solve problems
  • Website Development & Analyse
  • The languages computers use to communicate and solve problems

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