Decision Science in Action

Data science   is an interdisciplinary field to extract   knowledge   or insights from   data in structured or unstructured form leading to substantive decision making. This being interdisciplinary area employs knowledge and theory from multiple fields such as statistics, mathematics, computer science and programming. Data science finds applications in diverse fields from healthcare management to politics, cyber security to genetic engineering and marketing to operations etc. Data science is playing pivotal role in academic and applied research in different domains. Leading banks and retailers of the world have been using data driven analytics for marketing promotions and risk assessments since the time when it was called analytics. In last decade data, have been used in multiple fields of business and science leading to emergence of Data Science as stream. It would not be exaggeration to state that data science is a promising career option for bright f...