The Operations Research Center (ORC) is a renowned department of analytics and data science at the famous MIT (Massachusetts Institute of Technology).
It graduates about 15-20 PhD students every year who get placed as professors at Harvard, Stanford, Columbia, and other famous universities. Many of them also go to Facebook, Google, Linkedin and other tech companies which are interested in analytics and data science talent.
The ORC prides itself to deliver:
1. High quality research
2. Long tradition (it is the first big data and analytics academic program in the world!)
3. Pioneer and the top program in analytics and data science
4. Impact on the world (its research has created substantial effect on the world, from airline dynamic pricing, retail optimization to healthcare analytics)
Those are the four cornerstones of the MIT ORC department. The ORC is looking into adopting a new logo that exactly symbolizes the four components:
- Analytics and data science
- High quality
- Long history (exists since 1960)
- Impact on the world
Our research can be divided into two major components:
1. Predictive Analytics:
Machine learning to understand patterns in data and predict the future
2. Prescriptive Analytics"
Optimization models to maximize profit, minimize costs, smoothen workload, etc. (among few of the problems we try to solve is optimizing airline scheduling, optimizing retail inventory, optimizing and personalizing diabetes and cancer treatments)