Data mining and MBB

I have recently got accepted to MBB, and I will start 4 months later. I have recently become interested in Big Data Analytic, Data Mining etc. I was wondering whether It might give me an edge in my future consulting days. Has any MBB consultant had used machine learning or had general understanding of the subject helped him in a critical way.
Thanks in advance.

 
Best Response

I'm interested to know as well! Business Intelligence & Analytics (BIA) has a lot of potential, would love to see if anyone could provide their 2 cents.

Personally, I am interested in IB/S&T but there are already an abundance of biz/finance graduates and unsure if I should explore other like Business Analytics or QF. Especially so, some of the algo/prop shops use BIA for their analysis and trades. I've dabbled with SAS for my coursework during my time at the Polytechnic, it was quite interesting.

In recent years, there is also a very large emphasis on Big Data by MBB. That said, BIA is a very complex field as it requires data management, mathematics, statistics and technology. I guess one of the key concerns of BIA that is companies lack of proper technology and data frameworks before even mentioning about the analysis portion and with the increase adoption to cloud computing. Hence it has a very large pool of potential prospects but there are not much professionals or data scientists to meet the demands. But I guess it would require a bit of a technology/statistical background to be involved in this field.

A bit of a background info, just graduated from the Polytechnic (in Singapore), currently awaiting for enlistment and interned at Microsoft previously.

 
  1. Lololol no idea why you're not at IBM if you're interested in that field. We're like the industry leaders in Big Data (double the market share of #2)

  2. McKinsey is building its own Tech practice, McKinsey Solutions. If you're there you might want to take a look.

  3. You can PM me for general stuff with Big Data; that's an area I have experience in.

 

From my experience, the type of roles that people with these degrees get hired for are typically not the standard client-facing roles.

Instead, they get hired as experts in analytics that teams can either use for a day or two of support on a specific question all the way to being a full member of the team for particularly analytic projects.

Of course, this is a pretty generalized answer and your mileage may vary depending on your networking, the rest of your resume, etc.

 

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