Have you ever wondered why Facebook sold $16 billion worth of shares on the day it went public, despite the fact that it was losing money? Or why Instagram sold for $1 billion when it had no revenue whatsoever? The answer lies in the value of data and, more importantly, knowing what to do with it.
It’s why 76% of Australian companies are planning to increase their investment in data analytics capabilities over the next two years; and why the number of data science professionals will grow by 2.4% every year between now and 2021 / 22. And it’s why Bond Business School is expanding its focus on big data and actuarial science.
In 2019, BBS added the Master of Business Data Analytics to our existing suite of undergraduate and postgraduate degrees in actuarial science and data management. We also offer big data and digital business as an MBA specialisation and a major for our more broadly-based Business, Commerce and Finance degrees. But what really positions us as one of the leaders in future-focused business education is the vital link we have forged between these emergent technologies and their real world application to business incubation, business growth and entrepreneurship.
The latest stock market data comes in live via 40 Bloomberg terminals in the Macquarie Trading Room; new businesses and start-ups are nurtured in the Commercialisation Centre; concepts for new enterprises, systems and better ways of doing things are hashed out by our students and their mentors in the Transformer space.