All Press Releases for May 18, 2016

Sollers Institute Launches a New Program in Data Science

A New Curriculum Design Aims To Meet Industry Shortage of Trained Data Scientists



Data Scientists are now expected to understand programming and statistics in addition to business. With this program, we want to expose students to the right mix of analytical skills and strategy.

    EDISON, NJ, May 18, 2016 /24-7PressRelease/ -- A new Data Science program in healthcare, offering unique, industry-based curriculum, is launched by Sollers Institute starting June 09, 2016 due to the exponential growth of demand for trained data scientists and the severe talent shortage.

According to a recent report by McKinsey and Company, the number of data science jobs in the United States alone will exceed 490,000, but there will be fewer than 200,000 available data scientists to fill these positions. The US may face a 50-60% gap between supply and requisite demand of deep analytics talent by 2018.

Due to this gap, the salaries and career prospects of data scientists continue to be competitive. According to Burtch Works, the median salary of a junior-level data scientist is $91,000 but those managing a team of ten or more data scientists earn base salaries of well over $250,000. Furthermore, in a KPMG survey of C-suite executives, 99 percent said that analysis of big data was important to their strategy for next year.

"Sollers has always responded to the emerging training needs of health care industry, which is currently going through a major shift due to technology. Data Scientists are now expected to understand programming and statistics in addition to business. With this program, we want to expose students to the right mix of analytical skills and strategy, to provide well-trained Data Scientists to the healthcare industry," said Siba Padhi, President, Sollers. The program will enable students to effectively collect and manage big data, perform data-driven discovery and prediction, and extract value and competitive actionable intelligence.

Largely missing from the data science curricula at many of the universities are courses in statistical analysis, insights and strategy - a gap that Sollers will address in the design of it's curriculum. Building on a core of computer science, information systems, statistics and mathematics, the curriculum will focus on foundations of data science, statistical modeling, data mining, machine learning, business analytics, and scientific visualization. Central to the program is a capstone experience, in which students will obtain, condition, explore, model, and interpret a big data set. Sollers students will be able to design algorithms and use for strategic business purposes giving them an edge and advantage in the competitive job market.

In addition to having a unique, industry-based curriculum, the Data Science program at Sollers has also been rigorously benchmarked for relevance in this emerging field. "What is unique about our data science program is its emphasis on relevant, practical skills that enable you to be more efficient at your job as well as seek better positions in the industry," says Deepa S, Program Director at Sollers.

The program is designed for students wanting to enter the field of healthcare/clinical informatics. Students should have at least a Bachelors in engineering, computer science, life science or health science. Those with related experience are welcome to apply.

Sollers has experienced educators who provide industry-oriented training aimed at creating the next generation of data scientists with real-world experience.

For questions about the program, please contact our admissions team at admissions@sollers.edu.

Sollers is an accredited institution providing students with the knowledge and practical skills they need to carve out a successful career in the healthcare industry, with a focus on Clinical Research, Data Science, Drug Safety and its related disciplines. Located in New Jersey - the hub of pharmaceutical industry - Sollers is perfectly positioned to offer students excellent externship and networking opportunities with major players in healthcare industry. Learn more at http://sollers.edu

# # #

Contact Information

Shilpa Gauba
Sollers Institute
Edison, NJ
USA
Voice: 848 299-5900
E-Mail: Email Us Here
Website: Visit Our Website
Blog: Visit Our Blog
Follow Us: