Inside the Institute for Advanced Analytics at NC State – NC State News

Nestled on Centennial Campus is NCStates smallest academic unit, the Institute for Advanced Analytics, which has quietly made a big name for itself as a pioneer in higher education. Earlier this year, the institute marked its 15th anniversary by doing what it does best: producing some of the universitys most sought-after graduates in its Master of Science in Analytics (MSA) program.

Renowned as the countrys first full-fledged degree aimed at producing a new generation of data-savvy professionals, the program was launched in 2007 with two dozen students. Today, more than 1,200 MSA alumni are employed in 400 organizations from coast to coast and in 25 countries.

Since its founding in 2007, the institute has sent forth a host of career-ready data scientists.

Students are in high demand, with 100% finding employment by graduation.

The institute is a key reason why NCState is a prime destination for aspiring data scientists. Over the past 15 years, it has quickly climbed the ranks to become the universitys fourth-largest producer of STEM masters graduates, according to data compiled by the UNC System Administration office.

The institutes class of 2022 had much to celebrate at commencement in May. All 115 candidates for the degree had accepted new employment, earning a median starting salary of $112,500. The average graduate realized a 90% increase in their earning potential after completing just 10 months of intensive studies.

Young majored in industrial engineering at NCState and graduated summa cum laude in 2020 before matriculating to the Institute for Advanced Analytics, where she garnered three job offers by graduation.

She ultimately joined Pendo.io, a tech venture in downtown Raleigh, as a data scientist where she works alongside 10 other institute alumni. As an MSA student, Thu honed her leadership skills as the team lead on a practicum project sponsored by Microsoft.

My time at the institute unlocked all of my favorite parts of learning where I was academically challenged in a safe place to be curious and creative in a field that is so technical, Thu said. I loved the collaborative spirit where I really honed both my leadership and followership skills with peers who were just as active in their personal development journeys.

On a campus as expansive as NCState, many students may not have heard of the institute. But those who learn of it discover an ideal pathway to becoming a data scientist. Nearly 300 Wolfpack undergrads from aerospace engineers to zoologists have successfully completed the degree, representing 46 different majors and every college.

A common question I hear is Do I have to be a computer science or statistics major to succeed in the program? said Christopher Healey, professor of computer science and a longstanding member of the institutes faculty. The answer is no.

In 2006, the institutes director, Michael Rappa, convened a group of faculty from a dozen academic departments in six of NCStates colleges. Their goal was to develop a professional masters degree with an entirely new curriculum and to enroll its first students within one year. Through a collaborative effort, they built the program lecture by lecture, with a focus on connecting classroom lessons to real-world problems.

Its an eclectic group, and theyre really motivated to learn.

The resulting degree melds multiple disciplines into a singular experience that immerses students in the subject matter. They learn how to become practicing data scientists by acquiring knowledge and applying it quickly and iteratively through daily engagement, in keeping with NCStates Think and Do philosophy. And the curriculum is well-suited to a diverse group of learners everyone from new graduates to Ph.D.s, including those with several years of practical experience under their belts.

Its what I like most about teaching MSA students, said Andrea Villanes, a member of the institutes faculty with a Ph.D. in computer science, and herself an MSA graduate. Its an eclectic group, and theyre really motivated to learn.

Cabell works as a data scientist at Apple, following his graduation from the Masters of Science in Analytics program in 2020. He graduated from the University of North Carolina at Chapel Hill with highest distinction in 2019, double-majoring in economics and statistics and analytics.

While a student at the institute, Jackson led a practicum project with Putnam Investments, a Boston-based asset management firm. Upon graduation from the institute, he joined the global advanced analytics group at Bain & Company before migrating to Apple.

The institutes focus on teamwork and collaboration was tremendously helpful, said Cabell. No matter the role you pursue in the data industry, teamwork will remain a transferable skill.

The MSA is built to be responsive to the ever-evolving skill set of data science. Students work in teams in a fast-paced three-semester sequence of modules spanning 30 credit hours. An ambitious practicum calls for student teams to tackle a challenging problem with data from a sponsor. The institutes students have completed 250 such projects with 128 lead sponsors representing diverse organizations from sports clubs to intelligence agencies and some of the worlds leading brands.

With its team-driven format and mix of disciplines, the MSA is finely tuned to produce the kind of graduates employers need. But technical chops alone are insufficient; students must master communication and teamwork skills and apply ethical decision-making to everything they do. Graduates of the MSA are able to tell a story that connects data analysis to actionable insights.

We hone in on what companies want people who can do the job holistically.

There are lots of programs out there that can teach people the technical skills to crank through data, clean it and analyze it, said Val Schwartz, the institutes head of admissions. We opt for a more well-rounded approach. We hone in on what companies want and what they want are people who can do the job holistically. That means not just cleaning data and building models but being able to communicate findings in ways that are audience-appropriate. Our faculty spend a lot of time talking with students about ethical data storytelling.

By 2012, when data science was first heralded as the next high-flying career, the institute was already an established leader in the field, with hundreds of graduates to its name. That immediate success served as a blueprint for dozens of similar degree programs, as curious faculty from other institutions flocked to the institute to get a firsthand look. More than 100 university delegations including department heads, deans, and university presidents came from as far away as Australia to gain insights into the institutes novel approach.

Even today, the institute is a key destination for those seeking to develop new programs in analytics and data science. What began at NCState with a few dozen intrepid students in 2007 became the benchmark for the fastest-growing field of graduate study in a generation. It is estimated that 20,000 students will earn analytics and data science masters degrees from U.S. universities this year.

A growing cadre of employers relies on the institute as a leading source of data science talent. The job placement season known as the institutes version of March Madness attracts as many as 150 employers, who log 1,500 interviews and make hundreds of job offers. This year, one-third of the class garnered three or more offers. With these numbers, its easy to see why the institute has such a superb track record of placing data science professionals in meaningful, rewarding careers.

The program has proved to be a huge success for NCState.

The institute earns high marks from its students. An annual survey by NCStates Office of Institutional Strategy and Analysis reveals graduates satisfaction with their experience in the program, their job outcomes and the quality of education delivered by faculty and staff. In each of the surveys first four years, the institute registered the universitys highest level of student satisfaction with a near 100% response rate.

Looking back, the MSA has proved to be a huge success for NCState, said Rappa. Throughout its 15 years, the institute has demonstrated both resilience and dedication to deliver an education of the highest quality with remarkable consistency and unparalleled student outcomes. It looks toward a promising future with equal determination.

Learn more about the home of the nations first Master of Science in Analytics program and find out what it takes to apply.

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Inside the Institute for Advanced Analytics at NC State - NC State News

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