Many jobs are centered around risk management. If you’re looking through job postings, of course, you’ll see lots of jobs whose purpose is to make sure that nothing bad happens – the equivalent of locking the doors and closing the windows. More interesting from a statistical perspective are the jobs that assume that bad thingsContinue reading “Job Spotlight: Risk Analyst”
Category Archives: Business Analytics
Industry Spotlight: Credit Scoring
In the U.S., credit scoring is dominated by three companies – Experian, TransUnion and Equifax, employing roughly 30,000 people. An important player in the scoring methodology is FICO, previously Fair Isaac Corporation, and the scores are typically called “FICO scores.” Credit scoring is the oldest application of predictive modeling, fulfilling a need that has beenContinue reading “Industry Spotlight: Credit Scoring”
Industry Spotlight: Baseball – Opening Day & Statistics in Sports
The U.S. baseball season opens Thursday, March 28, and celebrates the 48th season of analytics in baseball, beginning with the founding of the Sabermetric Society in 1971 (the same year that Satchel Paige entered the Hall of Fame). Analytics has come a long way in sports, and now has its own conference, the MIT SportsContinue reading “Industry Spotlight: Baseball – Opening Day & Statistics in Sports”