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CEFLI Annual Conference
Nashville, TN
September 11-13, 2019
A New Generation of Compliance
Professionals: Data Scientists
A New Generation of Compliance Professionals: Data Scientists
Jennifer Lewis Priestley, Ph.D.Associate Dean and Professor of Statistics
Executive Director, Analytics and Data Science InstituteKennesaw State University
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Data Science: (United States)
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Searches on Dunkin Doughnuts versus Data Science
Dunkin': (United States) Data Science: (United States)
How the Data Ecosystem is Evolving…
Small, Structured and Static
Descriptive StatisticsPredictive Modeling
Classification
Large, Unstructured and In Motion
Sensor-based/IoT
Machine Learning
Massive, Integrated and Dynamic
Deep Networks
Artificial Intelligence
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15
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25
30
35
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Zett
abyt
es o
f Dat
a
Structured Versus Unstructured Data Generated by Year
STRUCTURED
UNSTRUCTURED
Lets be more specific about the data…
Cross Sectional StreamingImage/Video
Geo Spatial Networks Text
FinanceRetail
Healthcare
Economics
Manufacturing
ConsultingInsurance
Everyone is chasing the same talent…
“Person who is better at statistics than any software engineer and better at
software engineering than any statistician” – Josh Wills, Director of Data
Engineering at Slack
“Person who is better at explaining the business implications of the results
than any scientist and better at science than any business school graduate”
Jennifer Priestley, Ph.D. Data Nerd
Who ARE these People?
The Rise of a New Discipline
Disclaimer: Any likeness to actual academic departments is unintentional (sort of)
How Academia is Evolving…
The Rise of a New Discipline
0 2 4 6 8 10 12 14 16
Mathematics
Science
Engineering
Health
Statistics
Computer Science
Business College
Medicine/Public Health
BioInformatics
Center/Institute/Graduate College
University Location of Ph.D. Programs in Data Science
Bachelor9%
Master43%
Ph.D.48%
Practicing Data Scientists by Education Level
Source: 2018 Burtchworks Data Science Study
Academically, Is Data Science Treated as a Hub?
Analytics and Data Science
Business School
Computer Science
Health Care
Social Sciences
Or… Is Data Science Treated as a Spoke?
Analytics and Data Science
Engineering
Health Care
Social Sciences
Business School
Thinking about data differently…
New Issues Related to Credit Risk Scoring
New Issues Related to Credit Risk Scoring
What does Amazon know about me…and how could that be used?
How does Kabbage work?
How should data be valued?
23
How do we think about Ethics?
How do we think about Ethics?
Ethics and Privacy – FDA for Data
Mission of the FDA:
The Food and Drug Administration is responsible for protecting the public health by ensuring the safety, efficacy, and security of human and veterinary drugs, biological products, and medical devices; and by ensuring the safety of our nation's food supply, cosmetics, and products that emit radiation.
China’s Social Credit System – Is it Ethical?
STAT CORE:✓ DATA MINING I✓ DATA MINING II✓ BINARY CLASSIFICATION✓ STAT ELECTIVES
CS CORE:✓ ALGORITHM DESIGN ✓ WEB AND TEXT MINING✓ MACHINE LEARNING✓ CS ELECTIVES
MATH CORE:✓ THEORY OF LINEAR MODELS✓ DISCRETE MATHEMATICS✓ GRAPH THEORY✓ MATHEMATICS FOR BIG DATA
OTHER:✓ CONSULTING CENTER✓ ETHICS/PRIVACY✓ DISSERTATION✓ TEACHING
Ph.D. in Data Science Curriculum
Four things universities want from collaborators…
ExperientialLearning
Research Products
FundingAdvisory Boards
Getting Started…
Dean
Faculty Member
Center/Institute Director
Corporate Liaison
Engagement Options…
Internships/Co-Ops
Capstone Course/Project
Sponsored Research Lab
Advisory Board
© Copyright Allianz
Compliance & Ethics Forum for Life Insurers
www.cefli.org
© CEFLI 2019. All Rights Reserved.