Big Data Hits the Big Time, but at What Price?

Posted

  “What Are The Odds That Stats Would Be This Popular?” That was the question Quentin Hardy asked in his NY Times piece last Friday (01/26/12). If you’ve been paying attention to this blog, you’d know that the odds have been good and are getting better. The real issue isn’t in the headline, but comes a couple of paragraphs down: “What… Read more »

Opportunity Everywhere You Look

Posted

“Everywhere you look, there’s an opportunity to collect more data and then apply a statistical or mathematical approach to understanding what’s happening,” says Chris Kemp, chief executive officer of Nebula. This quote comes from a recent two-part series on NPR’s Morning Edition about what they call “Big Data.” It’s what we call our raw material,… Read more »

2011’s Number One Game – Musical Chairs

Posted

  Forces are building rapidly that will result in this year being one of the biggest for employee turnover in decades. Historically, there is a significant and natural increase in employees leaving current employers as the economy gains momentum and more job opportunities open up. After years of job insecurity, reduced or no bonuses, salary… Read more »

Compensation Update 2010

Posted

  Compensation for Quantitative Professionals: What to Expect in the Near Term The last two years have seen the job market for quantitative professionals bungee from robust down to the weakest level in 70 years and, just recently, back to relative health. Now that things are getting back on track, at least for our industry,… Read more »

2010 Forecast: Partly Sunny and Clearing

Posted

John Kenneth Galbraith once said: “The only function of economic forecasting is to make astrology look respectable.” It seems the media agrees, as they are having a hard time these days deciding whether the economy is recovering, stagnant, or still on a downward slide. New numbers released almost daily can seem contradictory and confusing, so… Read more »

Quantitative Trends: 2008 Part I

Posted

It’s that time of year again! As 2008 is well underway, Linda has put together her much anticipated “state of the union address” sharing her thoughts on the outlook for this year’s quantitative job market. You’ll find that below. As always, we welcome your input and observations, so feel free to post your opinioTDon’t Panic… Read more »

2008: The Year of Quant?

Posted

  John Rossheim, Monster Senior Contributing Writer recently published an article on the outlook of careers in 2008. With some interesting predictions, we encourage you to take a look! Hiring Outlook 2008 By JOHN ROSSHEIM | Monster Senior Contributing Writer You want a New Year’s prediction for the US labor market? Here you go: 2008 will… Read more »

Entry Level Salaries in 2007

Posted

  As an insight into the industry, here are some interesting numbers for statisticians entering the business world after completing a Master’s Degree: The average base salary of someone entering the field this year is $62,500, as reported by Kristen Wetta- statistical recruiter at Smith Hanley Associates. Interestingly enough, there was very little difference in… Read more »