AUSTIN, Texas, Aug. 7, 2013 /PRNewswire/ -- Deloitte has been announced as a founding sponsor for the new Master of Science (MS) in Business Analytics program at the McCombs School of Business at The University of Texas (UT) at Austin. Along with other corporate sponsors, Deloitte will serve on the Executive Council, providing insight and advice as the program develops.
"To get the most out of their data, organizations need well-trained professionals experienced with analytical models and the latest data visualization tools and software," said Jonathan Trichel, principal, Deloitte Consulting LLP. "We are excited to collaborate with the McCombs School of Business at The University of Texas at Austin to help students prepare for a career in the field of analytics. Obtaining a Master of Science in Business Analytics will provide the next generation of data scientists with the analytics skills and qualities they need to be effective."
The MS in Business Analytics, offered through the department of Information, Risk and Operations Management, was created in response to the growing market demand for professionals who are able to extract business insights from Big Data. The program will engage faculty from both the McCombs School of Business and other colleges at UT, including Computer Science and the Cockrell School of Engineering, to educate students with quantitative and technical backgrounds for careers in business. Launching in the fall 2013, the one-year master's program will integrate the core knowledge of business with other areas, such as operations research, statistics, machine learning, information systems and computer science.
"The program provides a unique opportunity for students to receive graduate-level training in business analytics, which is being implemented in virtually all aspects of the economy," said Prabhudev Konana, MS in Business Analytics Department Chair. "By focusing on individuals with exceptional quantitative and communication skills, the program will combine classroom experiences in statistics, data mining, and programming, with functional applications such as marketing, social media, finance, healthcare, product development operations, and supply chain analytics."
Deloitte's grant will provide financial support to the launch of the degree program, and will play a major role in developing curriculum, building up the program faculty and attracting top-notch students. Students will also be able to interact with the corporate sponsors of the degree program, using datasets from current business problems as examples and projects throughout their coursework.
For more information about the UT Business Analytics program, please visit http://www.mccombs.utexas.edu/Business-Analytics.aspx.
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