SAN DIEGO, May 19, 2015 /PRNewswire/ -- FICO (NYSE: FICO), the predictive analytics and decision management software company, today announced that it is fostering a new generation of business leaders through its Academic Engagement program. The first class participating in the new program are MBA students from San Diego State University. The students will be onsite today at FICO's San Diego campus to present their final applied analytics projects.
The students participated in a semester-long program where they used FICO's analytic development tools for experimentation and exploration. Each cross-functional team of students worked together while taking on a real business problem, with real business data, to get real business insights and results. The student teams developed projects around two use cases, one for a multi-channel retailer determining the effectiveness of its marketing offers, and one for a home equity lender weighing credit risk with potential profitability for its consumer credit products. FICO also provided the students with training sessions and support, including a community portal and virtual office hours with a FICO expert. Participating students accessed all of the required software, data, training, and other support assets through the FICO® Analytic Cloud.
"We believe that you shouldn't need to be a data scientist to develop and use analytics," said Doug Clare, vice president of product management at FICO. "Our goal is to make analytics accessible, understandable and useful to everyone. Through this program, we're helping ensure that the next generation of business leaders is fluent with fundamental analytics concepts, tools, and business applications."
Based upon the initial success of FICO's Academic Engagement program at San Diego State University, FICO now plans to expand the program to other colleges and universities this fall.
FICO (NYSE: FICO) is a leading analytics software company, helping businesses in 90+ countries make better decisions that drive higher levels of growth, profitability and customer satisfaction. The company's groundbreaking use of Big Data and mathematical algorithms to predict consumer behavior has transformed entire industries. FICO provides analytics software and tools used across multiple industries to manage risk, fight fraud, build more profitable customer relationships, optimize operations and meet strict government regulations. Many of our products reach industry-wide adoption. These include the FICO® Score, the standard measure of consumer credit risk in the United States. FICO solutions leverage open-source standards and cloud computing to maximize flexibility, speed deployment and reduce costs. The company also helps millions of people manage their personal credit health. FICO: Make every decision count™. Learn more at www.fico.com.
For FICO news and media resources, visit www.fico.com/news.
FICO and "Make every decision count" are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries.
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