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Introduction to Markov Chains: Prerequisites, Properties & Applications

Updated on 28 August, 2023

7.18K+ views
9 min read

Has it ever crossed your mind how expert meteorologists make a precise prediction of the weather or how Google ranks different web pages? How they make the fascinating python applications in real world. These calculations are complex and involve several variables that are dynamic and can be solved using probability estimates.

When Google introduced its PageRank algorithm, it revolutionized the web industry. And if you’re familiar with that algorithm, you must also know it uses Markov chains. In our introduction to Markov chains, we’ll briefly examine them and understand what they are. So, let’s get started.

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Pre-requisites

It’s essential to know a few concepts before we start the introduction to Markov chains. And most of them are from probability theory. Non-mathematically, you can define a random variable’s value as the result of a random event. So, for example, if the variable were the result of rolling a die, it would be a number whereas if it were a result of a coin flip, it would be a boolean (0 or 1). The set of these possible results could be continuous as well as discrete. 

So we can say that a stochastic process is a collection of random variables that set indexes. That set represents different time instances. This set could be of real numbers (continuous process) or natural numbers (discrete process). 

Read: Built in Data Structures in Python

Introduction to Markov Chains

Markov chains get their name from Andrey Markov, who had brought up this concept for the first time in 1906. Markov chains refer to stochastic processes that contain random variables, and those variables transition from a state to another according to probability rules and assumptions.

What are those probabilistic rules and assumptions, you ask? Those are called Markov Properties. Learn more about Markov Chain in Python Tutorial.

What is the Markov Property?

There are plenty of groups of random processes, such as autoregressive models and Gaussian processes. Markov property makes the study of these random processes quite easier. A Markov property states that we wouldn’t get more information about the future outcomes of a process by increasing our knowledge about its past if we know its value at a particular time. 

A more elaborate definition would be: Markov property says that the probability of a stochastic process only depends on its current state and time, and it is independent of the other states it had before. That’s why it’s a memoryless property as it only depends on the present state of the process. 

A homogeneous discrete-time Markov chain is a Marko process that has discrete state space and time. We can say that a Markov chain is a discrete series of states, and it possesses the Markov property. 

Here’s the mathematical representation of a Markov chain:

X = (Xn)nN=(X0, X1, X2, …) 

Properties of Markov Chains

Let’s take a look at the fundamental features of Markov chains to understand them better. We won’t delve too deep on this topic as the purpose of this article is to make you familiar with the general concept of Markov chains. 

Reducibility

Markov chains are irreducible. That means they have no reducibility if it can reach any state from another state. The chain doesn’t need to reach one state from another in just a single time step; it can do so in multiple time steps. If we can represent the chain with a graph, then the graph would be firmly connected. 

Aperiodic

Let’s say a state’s period is k. If k = 1, then this state is aperiodic when any kind of return to its state requires some multiple of k time-steps. When all states of a Markov chain are aperiodic, then we can say that the Markov chain is aperiodic. 

Transient and Recurrent States

When you leave a state, and there’s a probability that you can’t return to it, we say that the state is transient. On the other hand, if we can return to a state with probability 1, after we have left it, we can say that the property is recurrent. 

There are two kinds of recurrent states we can have. The first one is the positive recurrent state with a finite expected return time, and the second one is the null recurrent state with an infinite expected return time. Expected return time refers to the mean recurrence time when we leave the state.

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Higher-order Markov Chains

Higher-order Markov chains are an extension of the standard introduction to Markov chains, where the probability of transitioning from one state to another depends not only on the current state but also on a fixed number of preceding states, in contrast to first-order Markov chains, which only consider the immediately previous state, higher-order Markov chains incorporate a history of states to determine the transition probabilities. This allows for more sophisticated modeling of systems with dependencies that span beyond the immediate past.

Formal Definition

In a higher-order Markov chain, the state of the system at a time *t* depends on the *n* preceding states, denoted as *X(t-1), X(t-2), …, X(t-n)*, where *X(t)* represents the state at a time *t*. The transition probabilities in a higher-order Markov chain are defined as follows:

P(X(t) = x | X(t-1) = x_{t-1}, X(t-2) = x_{t-2}, …, X(t-n) = x_{t-n})

Examples of Higher-order Markov Chains

  1. Language Modeling: In natural language processing, language models often use higher-order Markov chains to predict the probability of a word based on the context of the preceding *n* words. This enables the generation of more contextually relevant and coherent sentences.
  2. Weather Prediction: Weather forecasting models can utilize higher-order Markov chains to predict weather conditions based on the historical weather patterns of the past *n* days. This approach can capture longer-term climate dependencies and improve the accuracy of predictions.

Challenges and Considerations

While higher-order Markov chains offer increased modeling capabilities, they also present some challenges:

1. Increased Dimensionality

As the order of the Markov chain (*n*) increases, the number of possible combinations of states in history increases exponentially. This can lead to a significant increase in model complexity and computational requirements.

2. Data Sparsity

In many applications, the higher-order state combinations may not occur frequently in the training data, resulting in sparse observations. This can lead to unreliable estimates of transition probabilities, affecting the model’s performance.

3. Curse of Dimensionality

As the order of the Markov chain increases, the size of the state space grows exponentially. This phenomenon is known as the “curse of dimensionality.” With a larger state space, the amount of data required to estimate transition probabilities accurately becomes impractical, especially when dealing with real-world applications. As the number of possible state combinations grows, the available data may become sparse, making it difficult to build reliable models.

4. Memory Requirements

Higher-order Markov chains require storing and manipulating historical state information. As the order (*n*) increases, the model needs to maintain a more extended history of states, which can lead to increased memory requirements. This becomes particularly challenging when dealing with massive datasets or resource-constrained environments, as retaining and processing such large historical sequences might not be feasible.

5. Model Overfitting

Higher-order Markov chains are susceptible to overfitting, especially when the order (*n*) is large, and the available data is limited. Overfitting occurs when the model captures noise and random variations in the training data rather than learning the underlying patterns. 

Methods for Estimation

To address the challenges of higher-order Markov chains, various estimation techniques have been developed:

1. Maximum Likelihood Estimation (MLE)

MLE is commonly used to estimate transition probabilities based on observed data. However, in higher-order Markov chains, the scarcity of certain state combinations can lead to unreliable estimates.

2. Smoothing Techniques

Smoothing methods, such as Laplace smoothing or add-k smoothing, can be applied to alleviate the problem of data sparsity and provide more robust estimates of transition probabilities.

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Applications of Markov Chains

Introduction to Markov chains finds applications in many areas. Here are their prominent applications:

  • Google’s PageRank algorithm treats the web like a Markov model. You can say that all the web pages are states, and the links between them are transitions possessing specific probabilities. In other words, we can say that no matter what you’re searching on Google, there’s a finite probability of you ending up on a particular web page.
  • If you use Gmail, you must’ve noticed their Auto-fill feature. This feature automatically predicts your sentences to help you write emails quickly. Markov chains help in this sector considerably as they can provide predictions of this sort effectively.
  • Have you heard of Reddit? It’s a significant social-media platform that’s filled with subreddits (a name for communities in Reddit) of specific topics. Reddit uses Markov chains and models to simulate subreddits for a better understanding of the same. 

Know more: Evolution of Language Modelling in Modern Life

Final Thoughts

It appears we have reached the end of our introduction to Markov chains. We hope you found this article useful. If you have any questions or queries, feel free to share them with us through the comments. We’d love to hear from you.

If you want to learn more about this topic, you should head to our courses section. You’ll find plenty of valuable resources there.

If you are curious to learn about data science, check out IIIT-B & upGrad’s PG Diploma in Data Science which is created for working professionals and offers 10+ case studies & projects, practical hands-on workshops, mentorship with industry experts, 1-on-1 with industry mentors, 400+ hours of learning and job assistance with top firms.

Frequently Asked Questions (FAQs)

1. Is there any real life application of Markov Chains?

One of the most essential tests for dealing with separate trial procedures is the Markov chain. In finance and economics, Markov chains are used to represent a variety of events, such as market crashes and asset values. Markov chains are applied in a wide range of academic areas, including biology, economics, and even real-world scenarios. Parking lots have a set number of spots available, but how many are available at any one moment may be characterized using a Markov model based on a combination of numerous factors or variables. Markov chains are frequently used to create dummy texts, lengthy articles, and speeches.

2. What does the term equilibrium mean with respect to Markov Chains?

The distribution πT is said to be an equilibrium distribution If πT P = πT. Equilibrium refers to a situation where the distribution of Xt does not change as we progress through the Markov chain. In fact, the distinguishing feature of a Markov chain is that the potential future states are fixed, regardless of how the process got to its current state. In other words, the likelihood of transitioning to any given condition is completely determined by the present state and the amount of time that has passed.

3. Are Markov Chains time homogenous?

If the transition probability between two given state values at any two times relies only on the difference between those times, the process is time homogenous. There are conditions for a Markov chain to be homogeneous or non-homogeneous. The transition probabilities of a Markov chain are said to be homogenous if and only if they are independent of time. The Markov property is retained in non-homogeneous Markov chains (nhmc), although the transition probabilities may vary with time. This section lays forth the criteria that guarantee the presence of a variation limit in such chains, with the goal of applying them to simulated annealing.

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Strategic Benefits to implementing Data Science Degrees Data science involves multiple disciplines The reason why data scientists are so highly sought after, is because the job is really a mashup of different skill sets and competencies rarely found together. Data scientists have tended to come from two different disciplines, computer science and statistics, but the best data science involves both disciplines. One of the dangers is statisticians not picking up on some of the new ideas that are coming out of machine learning, or computer scientists just not knowing enough classical statistics to know the pitfalls. Even though not everything can be taught in a Degree course, universities should clearly understand the fact that training a data science graduate would involve including multiple, heterogeneous skills as curriculum and not one consistent courseware. They might involve computer science, mathematics, statistics, business understanding, insight interpretation, even soft skills on data story telling articulation. Beware of programs that are only repackaging material from other courses Because data science involves a mixture of skills — skills that many universities already teach individually — there’s a tendency toward just repackaging existing courses into a coveted “data science” degree. There are mixed feelings about such university programs. It seems to me that they’re more designed to capitalize on the fact that the demand is out there than they are in producing good data scientists. Often, they’re doing it by creating programs that emulate what they think people need to learn. And if you think about the early people who were doing this, they had a weird combination of math and programming and business problems. They all came from different areas. They grew themselves. The universities didn’t grow them. Much of a program’s value comes from who is creating and choosing its courses. There have been some decent course guides in the past from some universities, it’s all about who designs the program and whether they put deep and dense content and coverage into it, or whether they just think of data science as exactly the same as the old sort of data mining. The Theories on Theory A recurring theme throughout my conversations was the role of theory and its extension to practical approaches, case studies and live projects. A good recommendation to aspiring data scientists would be to find a university that offers a bachelor’s degree in data science. Learn it at the bachelor’s level and avoid getting mired in only deep theory at the PostGrad level. You’d think the master’s degree dealing with mostly theory would be better, but I don’t think so. By the time you get to the MS you’re working with the professors and they want to teach you a lot of theory. You’re going to learn things from a very academic point of view, which will help you, but only if you want to publish theoretical papers. Hence, universities, especially those framing a PostGrad degree in Data Science should make sure not to fall into orchestrating a curriculum with a long drawn theory-centric approach. Also, like many of the MOOCs out there, a minimum of a capstone project would be a must to give the students a more pragmatic view of data and working on it. It’s important to learn theory of course. I know too many ‘data scientists’ even at places like Google who wouldn’t be able to tell you what Bayes’ Theorem or conditional independence is, and I think data science unfortunately suffers from a lack of rigor at many companies. But the target implementation of the students, which would mostly be in corporate houses, dealing with real consumer or organizational data, should be finessed using either simulated practical approach or with collaboration with Data Science companies to give an opportunity to students to deal with real life projects dealing with data analysis and drawing out actual business insights. Our learners also read: Free Python Course with Certification upGrad’s Exclusive Data Science Webinar for you – ODE Thought Leadership Presentation document.createElement('video'); https://cdn.upgrad.com/blog/ppt-by-ode-infinity.mp4 Explore our Popular Data Science Online Certifications Executive Post Graduate Programme in Data Science from IIITB Professional Certificate Program in Data Science for Business Decision Making Master of Science in Data Science from University of Arizona Advanced Certificate Programme in Data Science from IIITB Professional Certificate Program in Data Science and Business Analytics from University of Maryland Data Science Online Certifications Don’t Forget About the Soft Skills In an article titled The Hard and Soft Skills of a Data Scientist, Todd Nevins provides a list of soft skills becoming more common in data scientist job requirements, including: Manage teams and projects across multiple departments on and offshore. Consult with clients and assist in business development. Take abstract business issues and derive an analytical solution. Top Data Science Skills You Should Learn SL. No Top Data Science Skills to Learn 1 Data Analysis Online Certification Inferential Statistics Online Certification 2 Hypothesis Testing Online Certification Logistic Regression Online Certification 3 Linear Regression Certification Linear Algebra for Analysis Online Certification The article also emphasizes the importance of these skills, and criticizes university programs for often leaving these skills out altogether: “There’s no real training about how to talk to clients, how to organize teams, or how to lead an analytics group.” Data science is still a rapidly evolving field and until the norms are more established, it’s unlikely every data scientist will be following the same path. A degree in data science will definitely act as the clay to make your career. But the part that really separates people who are successful from that are not is just a core curiosity and desire to answer questions that people have — to solve problems. Don’t do it because you think you can make a lot of money, chances are by the time you’re trained, you either don’t know the right stuff or there’s a hundred other people competing for the same position, so the only thing that’s going to stand out is whether you really like what you’re doing. Read our popular Data Science Articles Data Science Career Path: A Comprehensive Career Guide Data Science Career Growth: The Future of Work is here Why is Data Science Important? 8 Ways Data Science Brings Value to the Business Relevance of Data Science for Managers The Ultimate Data Science Cheat Sheet Every Data Scientists Should Have Top 6 Reasons Why You Should Become a Data Scientist A Day in the Life of Data Scientist: What do they do? Myth Busted: Data Science doesn’t need Coding Business Intelligence vs Data Science: What are the differences?
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by Ashish Korukonda

03 May'16
Computer Center turns Data Center; Computer Science turns Data Science

5.13K+

Computer Center turns Data Center; Computer Science turns Data Science

(This article, written by Prof. S. Sadagopan, was originally published in Analytics India Magazine) There is an old “theory” that talks of “power shift” from “carrier” to “content” and to “control” as industry matures. Here are some examples In the early days of Railways, “action” was in “building railroads”; the “tycoons” who made billions were those “railroad builders”. Once enough railroads were built, there was more action in building “engines and coaches” – General Electric and Bombardier emerged; “power” shifted from “carrier” to “content”; still later, action shifted to “passenger trains” and “freight trains” – AmTrak and Delhi Metro, for example, that used the rail infrastructure and available engines and coaches / wagons to offer a viable passenger / goods transportation service; power shifted from “content” to “control”. The story is no different in the case of automobiles; “carrier” road-building industry had the limelight for some years, then the car and truck manufacturers – “content” – GM, Daimler Chrysler, Tata, Ashok Leyland and Maruti emerged – and finally, the “control”, transport operators – KSRTC in Bangalore in the Bus segment to Uber and Ola in the Car segment. In fact, even in the airline industry, airports become the “carrier”, airplanes are the “content” and airlines represent the “control” Learn data science courses from the World’s top Universities. Earn Executive PG Programs, Advanced Certificate Programs, or Masters Programs to fast-track your career. It is a continuum; all three continue to be active – carrier, content and control – it is just the emphasis in terms of market and brand value of leading companies in that segment, profitability, employment generation and societal importance that shifts. We are witnessing a similar “power shift” in the computer industry. For nearly six decades the “action” has been on the “carrier”, namely, computers; processors, once proprietary from the likes of IBM and Control Data, then to microprocessors, then to full blown systems built around such processors – mainframes, mini computers, micro computers, personal computers and in recent times smartphones and Tablet computers. Intel and AMD in processors and IBM, DEC, HP and Sun dominated the scene in these decades. A quiet shift happened with the arrival of “independent” software companies – Microsoft and Adobe, for example and software services companies like TCS and Infosys. Along with such software products and software services companies came the Internet / e-Commerce companies – Yahoo, Google, Amazon and Flipkart; shifting the power from “carrier” to “content”. Explore our Popular Data Science Courses Executive Post Graduate Programme in Data Science from IIITB Professional Certificate Program in Data Science for Business Decision Making Master of Science in Data Science from University of Arizona Advanced Certificate Programme in Data Science from IIITB Professional Certificate Program in Data Science and Business Analytics from University of Maryland Data Science Courses This shift was once again captured by the use of “data center” starting with the arrival of Internet companies and the dot-com bubble in late nineties. In recent times, the term “cloud data center” is gaining currency after the arrival of “cloud computing”. Though interest in computers started in early fifties, Computer Science took shape only in seventies; IITs in India created the first undergraduate program in Computer Science and a formal academic entity in seventies. In the next four decades Computer Science has become a dominant academic discipline attracting the best of the talent, more so in countries like India. With its success in software services (with $ 160 Billion annual revenue, about 5 million direct jobs created in the past 20 years and nearly 7% of India’s GDP), Computer Science has become an aspiration for hundreds of millions of Indians. With the shift in “power” from “computers” to “data” – “carrier” to “content” – it is but natural, that emphasis shifts from “computer science” to “data science” – a term that is in wide circulation only in the past couple of years, more in corporate circles than in academic institutions. In many places including IIIT Bangalore, the erstwhile Database and Information Systems groups are getting re-christened as “Data Science” groups; of course, for many acdemics, “Data Science” is just a buzzword, that will go “out of fashion” soon. Only time will tell! As far as we are concerned, the arrival of data science represents the natural progression of “analytics”, that will use the “data” to create value, the same way Metro is creating value out of railroad and train coaches or Uber is creating value out of investments in road and cars or Singapore Airlines creating value out of airport infrastructure and Boeing / Airbus planes. More important, the shift from “carrier” to “content” to “control” also presents economic opportunities that are much larger in size. We do expect the same from Analytics as the emphasis shifts from Computer Science to Data Science to Analytics. Computers originally created to “compute” mathematical tables could be applied to a wide range of problems across every industry – mining and machinery, transportation, hospitality, manufacturing, retail, banking & financial services, education, healthcare and Government; in the same vein, Analytics that is currently used to summarize, visualize and predict would be used in many ways that we cannot even dream of today, the same way the designers of computer systems in 60’s and 70’s could not have predicted the varied applications of computers in the subsequent decades. We are indeed in exciting times and you the budding Analytics professional could not have been more lucky. Announcing PG Diploma in Data Analytics with IIT Bangalore – To Know more about the Program Visit – PG Diploma in Data Analytics. Top Data Science Skills to Learn to upskill SL. No Top Data Science Skills to Learn 1 Data Analysis Online Courses Inferential Statistics Online Courses 2 Hypothesis Testing Online Courses Logistic Regression Online Courses 3 Linear Regression Courses Linear Algebra for Analysis Online Courses upGrad’s Exclusive Data Science Webinar for you – ODE Thought Leadership Presentation document.createElement('video'); https://cdn.upgrad.com/blog/ppt-by-ode-infinity.mp4 Read our popular Data Science Articles Data Science Career Path: A Comprehensive Career Guide Data Science Career Growth: The Future of Work is here Why is Data Science Important? 8 Ways Data Science Brings Value to the Business Relevance of Data Science for Managers The Ultimate Data Science Cheat Sheet Every Data Scientists Should Have Top 6 Reasons Why You Should Become a Data Scientist A Day in the Life of Data Scientist: What do they do? Myth Busted: Data Science doesn’t need Coding Business Intelligence vs Data Science: What are the differences? Our learners also read: Free Online Python Course for Beginners About Prof. S. Sadagopan Professor Sadagopan, currently the Director (President) of IIIT-Bangalore (a PhD granting University), has over 25 years of experience in Operations Research, Decision Theory, Multi-criteria optimization, Simulation, Enterprise computing etc. His research work has appeared in several international journals including IEEE Transactions, European J of Operational Research, J of Optimization Theory & Applications, Naval Research Logistics, Simulation and Decision Support Systems. He is a referee for several journals and serves on the editorial boards of many journals.
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by Prof. S. Sadagopan

11 May'16
Enlarge the analytics & data science talent pool

5.19K+

Enlarge the analytics & data science talent pool

Note: The articlewas originally written by Sameer Dhanrajani, Business Leader at Cognizant Technology Solutions. A Better Talent acquisition Framework Although many articles have been written lamenting the current talent shortage in analytics and data science, I still find that the majority of companies could improve their success by simply revamping their current talent acquisition processes. Learn data science courses online from the World’s top Universities. Earn Executive PG Programs, Advanced Certificate Programs, or Masters Programs to fast-track your career. We’re all well aware that strong quantitative professionals are few and far between, so it’s in a company’s best interest to be doing everything in their power to land qualified candidates as soon as they find them. It’s a candidate’s market, with strong candidates going on and off the market lightning fast, yet many organizational processes are still slow and outdated. These sluggish procedures are not equipped to handle many candidates who are fielding multiple offers from other companies who are just as hungry (if not more so) for quantitative talent. Here are the key areas I would change to make hiring processes more competitive: Fix your salary bands – It (almost) goes without saying that if your salary offerings are outdated or aren’t competitive to the field, it will be difficult for you to get the attention of qualified candidates; stay topical with relevant compensation grids. Consider one-time bonuses – Want to make your offer compelling but can’t change the salary? Sign-on bonuses and relocation packages are also frequently used, especially near the end of the year, when a candidate is potentially walking away from an earned bonus; a sign-on bonus can help seal the deal. Be open to other forms of compensation – There are plenty of non-monetary ways to entice Quants to your company, like having the latest tools, solving challenging problems, organization-wide buy-in for analytics and more. Other things to consider could be flexible work arrangements, remote options or other unique perks. Pick up the pace – Talented analytics professionals are rare, and the chances that qualified candidates will be interviewing with multiple companies are very high. Don’t hesitate to make an offer if you find what you’re looking for at a swift pace – your competitors won’t. Court the candidate – Just as you want a candidate who stands out from the pack, a candidate wants a company that makes an effort to stand apart also. I read somewhere, a client from Chicago sent an interviewing candidate and his family pizzas from a particularly tasty restaurant in the city. I can’t say for sure that the pizza was what persuaded him to take the company’s offer, but a little old-fashioned wooing never hurts. Button up the process – Just as it helps to have an expedited process, it also works to your benefit is the process is as smooth and trouble-free as you can make it. This means hassle-free travel arrangements, on-time interviews, and quick feedback. Network – make sure that you know the best of the talent available in the market at all levels and keep in touch with them thru porfessional social sites on subtle basis as this will come handy in picking the right candidate on selective basis Redesigned Interview Process In the old days one would screen resumes and then schedule lots of 1:1’s. Typically people would ask questions aimed at assessing a candidate’s proficiency with stats, technicality, and ability to solve problems. But there were three problems with this – the interviews weren’t coordinated well enough to get a holistic view of the candidate, we were never really sure if their answers would translate to effective performance on the job, and from the perspective of the candidate it was a pretty lengthy interrogation. So, a new interview process need to be designed that is much more effective and transparent – we want to give the candidate a sense for what a day in the life of a member on the team is like, and get a read on what it would be like to work with a company. In total it takes about two days to make a decision, and there be no false positives (possibly some false negatives though), and the feedback from both the candidates and the team members has been positive. There are four steps to the process: Resume/phone screens – look for people who have experience using data to drive decisions, and some knowledge of what your company is all about. On both counts you’ll get a much deeper read later in the process; you just want to make sure that moving forward is a good use of either of both of your time. Basic data challenge – The goal here is to validate the candidate’s ability to work with data, as described in their resume. So send a few data sets to them and ask a basic question; the exercise should be easy for anyone who has experience. In-house data challenge – This is should be the meat of the interview process. Try to be as transparent about it as possible – they’ll get to see what it’s like working with you and vice versa. So have the candidate sit with the team, give them access to your data, and a broad question. They then have the day to attack the problem however they’re inclined, with the support of the people around them. Do encourage questions, have lunch with them to ease the tension, and check-in periodically to make sure they aren’t stuck on something trivial. At the end of the day, we gather a small team together and have them present their methodology and findings to you. Here, look for things like an eye for detail (did they investigate the data they’re relying upon for analysis), rigor (did they build a model and if so, are the results sound), action-oriented (what would we do with what you found), and communication skills. Read between the resume lines Intellectual curiosity is what you should discover from the project plans. It’s what gives the candidate the ability to find loopholes or outliers in data that helps crack the code to find the answers to issues like how a fraudster taps into your system or what consumer shopping behaviors should be considered when creating a new product marketing strategy. Data scientists find the opportunities that you didn’t even know were in the realm of existence for your company. They also find the needle in the haystack that is causing a kink in your business – but on an entirely monumental scale. In many instances, these are very complex algorithms and very technical findings. However, a data scientist is only as good as the person he must relay his findings to. Others within the business need to be able to understand this information and apply these insights appropriately. Explore our Popular Data Science Courses Executive Post Graduate Programme in Data Science from IIITB Professional Certificate Program in Data Science for Business Decision Making Master of Science in Data Science from University of Arizona Advanced Certificate Programme in Data Science from IIITB Professional Certificate Program in Data Science and Business Analytics from University of Maryland Data Science Courses Good data scientists can make analogies and metaphors to explain the data but not every concept can be boiled down in layman’s terms. A space rocket is not an automobile and, in the brave new world, everyone must make this paradigm shift. Top Data Science Skills You Should Learn SL. No Top Data Science Skills to Learn 1 Data Analysis Online Certification Inferential Statistics Online Certification 2 Hypothesis Testing Online Certification Logistic Regression Online Certification 3 Linear Regression Certification Linear Algebra for Analysis Online Certification upGrad’s Exclusive Data Science Webinar for you – Watch our Webinar on The Future of Consumer Data in an Open Data Economy document.createElement('video'); https://cdn.upgrad.com/blog/sashi-edupuganti.mp4 Read our popular Data Science Articles Data Science Career Path: A Comprehensive Career Guide Data Science Career Growth: The Future of Work is here Why is Data Science Important? 8 Ways Data Science Brings Value to the Business Relevance of Data Science for Managers The Ultimate Data Science Cheat Sheet Every Data Scientists Should Have Top 6 Reasons Why You Should Become a Data Scientist A Day in the Life of Data Scientist: What do they do? Myth Busted: Data Science doesn’t need Coding Business Intelligence vs Data Science: What are the differences? Our learners also read: Free Python Course with Certification And lastly, the data scientist you’re looking for needs to have strong business acumen. Do they know your business? Do they know what problems you’re trying to solve? And do they find opportunities that you never would have guessed or spotted?
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by upGrad

14 May'16
UpGrad partners with Analytics Vidhya

5.69K+

UpGrad partners with Analytics Vidhya

We are happy to announce our partnership with Analytics Vidhya, a pioneer in the Data Science community. Analytics Vidhya is well known for its impressive knowledge base, be it the hackathons they organize or tools and frameworks that they help demystify. In their own words, “Analytics Vidhya is a passionate community for Analytics/Data Science professionals, and aims at bringing together influencers and learners to augment knowledge”. Explore our Popular Data Science Degrees Executive Post Graduate Programme in Data Science from IIITB Professional Certificate Program in Data Science for Business Decision Making Master of Science in Data Science from University of Arizona Advanced Certificate Programme in Data Science from IIITB Professional Certificate Program in Data Science and Business Analytics from University of Maryland Data Science Degrees We are joining hands to provide candidates of our PG Diploma in Data Analytics, an added exposure to UpGrad Industry Projects. While the program already covers multiple case studies and projects in the core curriculum, these projects with Analytics Vidhya will be optional for students to help them further hone their skills on data-driven problem-solving techniques. To further facilitate the learning, Analytics Vidhya will also be providing mentoring sessions to help our students with the approach to these projects. Our learners also read: Free Online Python Course for Beginners Top Essential Data Science Skills to Learn SL. No Top Data Science Skills to Learn 1 Data Analysis Certifications Inferential Statistics Certifications 2 Hypothesis Testing Certifications Logistic Regression Certifications 3 Linear Regression Certifications Linear Algebra for Analysis Certifications This collaboration brings great value to the program by allowing our students to add another dimension to their resume which goes beyond the capstone projects and case studies that are already a part of the program. Read our popular Data Science Articles Data Science Career Path: A Comprehensive Career Guide Data Science Career Growth: The Future of Work is here Why is Data Science Important? 8 Ways Data Science Brings Value to the Business Relevance of Data Science for Managers The Ultimate Data Science Cheat Sheet Every Data Scientists Should Have Top 6 Reasons Why You Should Become a Data Scientist A Day in the Life of Data Scientist: What do they do? Myth Busted: Data Science doesn’t need Coding Business Intelligence vs Data Science: What are the differences? Through this, we hope our students would be equipped to showcase their ability to dissect any problem statement and interpret what the model results mean for business decision making. This also helps us to differentiate UpGrad-IIITB students in the eyes of the recruiters. upGrad’s Exclusive Data Science Webinar for you – Transformation & Opportunities in Analytics & Insights document.createElement('video'); https://cdn.upgrad.com/blog/jai-kapoor.mp4 Check out our data science training to upskill yourself
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by Omkar Pradhan

09 Oct'16
Data Analytics Student Speak: Story of Thulasiram

5.69K+

Data Analytics Student Speak: Story of Thulasiram

When Thulasiram enrolled in the UpGrad Data Analytics program, in its first cohort, he was not very different for us, from the rest of our students in this. While we still do not and should not treat learners differently, being in the business of education – we definitely see this particular student in a different light. His sheer resilience and passion for learning shaped his success story at UpGrad. Humble beginnings Born in the small town of Chittoor, Andhra Pradesh, Thulasiram does not remember much of his childhood given that he enlisted in the Navy at a very young age of about 15 years. Right out of 10th standard, he trained for four years, acquiring a diploma in mechanical engineering. Thulasiram came from humble means. His father was the manager of a small general store and his mother a housewife. It’s difficult to dream big when leading a sheltered life with not many avenues for exposure to unconventional and exciting opportunities. But you can’t take learning out of the learner. “One thing I remember about school is our Math teacher,” reminisces Thulasiram, “He used to give us lot of puzzles to solve. I still remember one puzzle. If you take a chessboard and assume that all pawns are queens; you have to arrange them in such a way that none of the eight pawns should die. Every queen, should not affect another queen. It was a challenging task, but ultimately we did it, we solved it.” Navy & MBA At 35 years of age, Thulasiram has been in the navy for 19 years. Presently, he is an instructor at the Naval Institute of Aeronautical Technology. “I am from the navy and a lot of people don’t know that there is an aviation wing too. So, it’s like a dream; when you are a small child, you never dream of touching an aircraft, let alone maintaining it. I am very proud of doing this,” says Thulasiram on taking the initiative to upskill himself and becoming a naval-aeronautics instructor. When the system doesn’t push you, you have to take the initiative yourself. Thulasiram imbibed this attitude. He went on to enroll in an MBA program and believes that the program drastically helped improve his communication skills and plan his work better. How Can You Transition to Data Analytics? Data Analytics Like most of us, Thulasiram began hearing about the hugely popular and rapidly growing domain of data analytics all around him. Already equipped with the DNA of an avid learner and keen to pick up yet another skill, Thulasiram began researching the subject. He soon realised that this was going to be a task more rigorous and challenging than any he had faced so far. It seemed you had to be a computer God, equipped with analytical, mathematical, statistical and programming skills as prerequisites – a list that could deter even the most motivated individuals. This is where Thulsiram’s determination set him apart from most others. Despite his friends, colleagues and others that he ran the idea by, expressing apprehension and deterring him from undertaking such a program purely with his interests in mind – time was taken, difficulty level, etc. – Thulasiram, true to the spirit, decided to pursue it anyway. Referring to the crucial moment when he made the decision, he says, If it is easy, everybody will do it. So, there is no fun in doing something which everybody can do. I thought, let’s go for it. Let me push myself — challenge myself. Maybe, it will be a good challenge. Let’s go ahead and see whether I will be able to do it or not. UpGrad Having made up his mind, Thulasiram got straight down to work. After some online research, he decided that UpGrad’s Data Analytics program, offered in collaboration with IIIT-Bangalore that awarded a PG Diploma on successful completion, was the way to go. The experience, he says, has been nothing short of phenomenal. It is thrilling to pick up complex concepts like machine learning, programming, or statistics within a matter of three to four months – a feat he deems nearly impossible had the source or provider been one other than UpGrad. Our learners also read: Top Python Free Courses Favorite Elements Ask him what are the top two attractions for him in this program and, surprising us, he says deadlines! Deadlines and assignments. He feels that deadlines add the right amount of pressure he needs to push himself forward and manage time well. As far as assignments are concerned, Thulasiram’s views resonate with our own – that real-life case studies and application-based learning goes a long way. Working on such cases and seeing results is far superior to only theoretical learning. He adds, “flexibility is required because mostly only working professionals will be opting for this course. You can’t say that today you are free, because tomorrow some project may be landing in your hands. So, if there is no flexibility, it will be very difficult. With flexibility, we can plan things and maybe accordingly adjust work and family and studies,” giving the UpGrad mode of learning, yet another thumbs-up. Amongst many other great things he had to say, Thulasiram was surprised at the number of live sessions conducted with industry professionals/mentors every week. Along with the rest of his class, he particularly liked the one conducted by Mr. Anand from Gramener. Top Data Science Skills to Learn to upskill SL. No Top Data Science Skills to Learn 1 Data Analysis Online Courses Inferential Statistics Online Courses 2 Hypothesis Testing Online Courses Logistic Regression Online Courses 3 Linear Regression Courses Linear Algebra for Analysis Online Courses What Kind of Salaries do Data Scientists and Analysts Demand? Get data science certification from the World’s top Universities. Learn Executive PG Programs, Advanced Certificate Programs, or Masters Programs to fast-track your career. Read our popular Data Science Articles Data Science Career Path: A Comprehensive Career Guide Data Science Career Growth: The Future of Work is here Why is Data Science Important? 8 Ways Data Science Brings Value to the Business Relevance of Data Science for Managers The Ultimate Data Science Cheat Sheet Every Data Scientists Should Have Top 6 Reasons Why You Should Become a Data Scientist A Day in the Life of Data Scientist: What do they do? Myth Busted: Data Science doesn’t need Coding Business Intelligence vs Data Science: What are the differences? upGrad’s Exclusive Data Science Webinar for you – ODE Thought Leadership Presentation document.createElement('video'); https://cdn.upgrad.com/blog/ppt-by-ode-infinity.mp4 Explore our Popular Data Science Courses Executive Post Graduate Programme in Data Science from IIITB Professional Certificate Program in Data Science for Business Decision Making Master of Science in Data Science from University of Arizona Advanced Certificate Programme in Data Science from IIITB Professional Certificate Program in Data Science and Business Analytics from University of Maryland Data Science Courses “Have learned most here, only want to learn..” Interested only in learning, Thulasiram made this observation about the program – compared to his MBA or any other stage of life. He signs off calling it a game-changer and giving a strong recommendation to UpGrad’s Data Analytics program. We are truly grateful to Thulasiram and our entire student community who give us the zeal to move forward every day, with testimonials like these, and make the learning experience more authentic, engaging, and truly rewarding for each one of them. If you are curious to learn about data analytics, data science, check out IIIT-B & upGrad’s PG Diploma in Data Science which is created for working professionals and offers 10+ case studies & projects, practical hands-on workshops, mentorship with industry experts, 1-on-1 with industry mentors, 400+ hours of learning and job assistance with top firms.
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by Apoorva Shankar

07 Dec'16