NJIT is sponsoring a contest that will give students a chance to win cash, iPads as well as paid internships.
The premise of the Big Data Visualization Contest is this: What if the chief executive at Google asked you to help him acquire a company. What company would you choose and which data would you use to make your case to Google’s CEO?
If you are interested in using a financial database -- S&P Capital IQ -- to research and answer that question, then come to the contest’s kickoff meeting. It is set for Wednesday, Feb. 12, at 2:30 p.m. in the CCS Café, which is on the fourth floor of the GITC Building. Information on how to form teams will be discussed. Also, an S&P official will attend the meeting and tell students about Capital IQ, a new financial database that they’ll use to hypothetically acquire businesses for Google. Students will be shown a short case study on how to acquire a company and free food will be provided. The contest is ideally suited for students who have technical and computing skills or business managerial skills, says Michael Ehrlich, an associate professor of finance in the School of Management.
“It is wonderful that NJIT can partner with S&P Capital IQ to offer this opportunity to our students,” says Ehrlich. “This is the sort of activity that helps our students connect their academic studies with real world skills and opportunities for excellent jobs.”
As an interim goal, on April 2, the teams will collaboratively build a pitch book using S&P Capital IQ’s new document builder and present it to a panel of judges from S&P and from NJIT. Finally, on April 11 during Innovation Day at NJIT, these pitches will be transformed into poster presentations. Teams will show their strategies for potential companies to be acquired and the data visualization tools to illustrate their findings.
The contest is sponsored by S&P Capital IQ, one of the leading providers of financial datasets, research, and analytics in the world, as well as the School of Management and the College of Computing Sciences.
An official from S&P and an NJIT professor will have office hours throughout the contest to help students develop their presentations.
By participating in the contest, students will expand their knowledge of investment banking and finance, learn how to use financial data and analytics and improve their teamwork abilities. They will also polish their presentation skills, and get the chance to network with professionals in the financial services and technology industries.
And the prizes offered to those who excel in the contest can launch careers. Every participant who makes it to the final on April 11th will receive a $200 cash prize and will be considered for an internship at S&P Capital IQ. The winning team will be determined on that day, and each winner will also walk away with a new iPad Air.
(By Robert Florida)