INFORMS launches Business Analytics competition

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  • Author: Statistics Views
  • Date: 29 January 2013
  • Copyright: Photograph appears courtesy of iStock Photo

It has been announced that a competition has been launched and the winner will be able to travel to this year’s INFORMs Conference on Business Analytics and Operations Research for free.

thumbnail image: INFORMS launches Business Analytics competition

The Conference will be held in San Antonio in Texas from 7th-9th April and is a great opportunity for networking and learning. According to the Editor-in-Chief, Beth Schultz of AllAnalytics.com, the criteria in applying is to create ‘a Statement of Work (SOW) that outlines how you would approach (a) business problem if you were hired to address it as an outside consultant. The SOW should include an executive summary, the project description, and assumptions, plus information on the system environment, the project description, the information flow, analytical components, the input data structure, and the output data structure. Judges will rate the SOW submissions based on cohesion, proper use of assumptions, the technical and presentation skill demonstrated in the document, and practicality of the proposed approach in solving the business problem (which does happen to be based on a real-life case' (Schultz, AllAnalytics.com, 14th January 2013). Full details about the business problem can be viewed here, as well as a pdf offering guidance.

An open discussion will be held from Friday 1st February at 9:00 a.m. ET, to Tuesday 19th February at 5:00 p.m. ET where students can send in any questions.

The deadline for submission is midnight on 20th February.

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