KNOWLEDGE PROCESSES, PRACTICES & GOVERNANCE
In economic literature, scholars classify factors of production into three major categories: labor, or human services, capital, or manmade means of production, and land, or natural resources. As the complexity and knowledge intensity of industries engaged in manufacturing and service delivery have increased, knowledge has emerged as the fourth factor of production. According to Peter Drucker, the recognized founder of modern management, knowledge is the primary economic resource that allows workers to manipulate ideas, problem solve, and innovate—land, labor, and capital are becoming restraints rather than driving forces of the economy. This course examines the knowledge processes, practices, and governance mechanisms that activate knowledge to drive performance, innovation, continuous improvement, and create competitive advantage. We kick-off by reading Robert Grant’s article on the knowledge-based view of the firm. Grant, an economist and professor of strategic management at Georgetown University, describes how firms integrate, combine, and coordinate individual and firm knowledge to produce goods and services. After this theoretical introduction, students will learn and apply a series of models and frameworks that address how to capture and disseminate critical knowledge to people performing productive work. For example, Business Model and Value Proposition Design (Alexander Osterwalder), Jobs-To-Be-Done Framework (Clayton Christensen), Operational Model Design, (Cambell and Blenko), and Knowledge Jam (Katrina Pugh). After building a business model, the focus will shift to practical methods to operationalize knowledge to make it productive. Students will learn how to create a technology architecture, identify strategies to enable findability, adopt an adaptive leadership approach to business transformation, and propose a disciplined knowledge governance program. The course culminates with the design of a transformational project that integrates the concepts and models presented in this course. Students will create a project charter and work plan to guide the transformation from traditional ways of working to processes and practices that fully leverage knowledge.
Digital natives ‘built upon an algorithm’ are profoundly changing the structure of entire industries (e.g.: Google/Advertising, Redfin/Real Estate, Netflix/Entertainment). C-suite executives now view analytics as a strategic priority and investing in acquiring data, data scientists and analytical technologies. The goal of this course is to enable you to develop a pragmatic, executive level understanding of business analytics, data science and business intelligence as well as the critical management skills needed for success in this field. Through readings, assignments, lectures, guest speakers (previous guests include executives from Google, UPS, Microsoft, McKinsey, NY City, World Economic Forum) and class discussion, students learn why and how organizations are ‘competing on analytics’ to improve decision making and optimize performance. Case examples (e.g.: Disney, Arsenal F.C., Unilever, Caterpillar, USAA, Zillow, Target, UPS) highlight the ways firms are building business strategies around sophisticated analytical capabilities. Students learn how organizations use analytics to innovate and create new digital products and services. They also study how analytics is profoundly transforming the way businesses operate. Rather than “relying on their gut” when pricing products, understanding customers, maintaining inventory, or hiring talent, managers increasingly rely on data analytics and process optimization to improve efficiency, manage risk, enhance profitability, and deliver superior results. An analytical sophistication framework (descriptive, predictive, prescriptive, autonomous) illustrates how different management challenges require specific types of solutions. A key executive challenge for these organizations is to prioritize investments in data, expertise, and technology as part of a cohesive strategy that optimizes results. Using a real organization, students learn how to apply the DELTA+ model to assess an organization’s analytical capabilities and devise a roadmap to build a robust, analytical capability. While not a statistics or programming course, students will gain insight into the different types of quantitative techniques (e.g., optimization, NLP, forecasting, simulation, neural nets, Bayesian, regression, genetic algorithms) as well technologies/tools for business intelligence, modeling, machine learning, and AI (e.g., SAS, Tableau, Spark, Excel, MATLAB, PowerBI, Oracle Analytics) and languages (Pyth
Discussion Section for Economics MA Course Economic Policy Analysis
Prerequisites: student expected to be mathematically mature and familiar with probability and statistics, arbitrage pricing theory, and stochastic processes. The course will introduce the notions of financial risk management, review the structure of the markets and the contracts traded, introduce risk measures such as VaR, PFE and EE, overview regulation of financial markets, and study a number of risk management failures. After successfully completing the course, the student will understand the basics of computing parametric VaR, historical VaR, Monte Carlo VaR, cedit exposures and CVA and the issues and computations associated with managing market risk and credit risk. The student will be familiar with the different categories of financial risk, current regulatory practices, and the events of financial crises, especially the most recent one.
As digital media increasingly drives the field of strategic communication, leading successful communication efforts also require a platform specific, evidence-based strategic approach. Leaders must know how to use a broad and rapidly changing mix of digital media platforms and tools to connect their message with the right audience. To that end, this course covers major topics in digital media and communication, such as content strategy, digital experience, channel planning, online reputation management, programmatic marketing, audience targeting, artificial intelligence and more. Through in-class lectures, discussion, case studies, guest speakers, group projects and individual writing assignments, students in this course will be introduced to strategic decision-making and communications planning for social media, mobile, digital advertising, search, email, digital out-of-home and interactive media (video, radio, podcasts). Students will also gain an in-depth understanding of how to integrate digital strategies and tactics with traditional communication efforts.
Prerequisites: comfortable with algebra, calculus, probability, statistics, and stochastic calculus. The course covers the fundamentals of fixed income portfolio management. Its goal is to help the students develop concepts and tools for valuation and hedging of fixed income securities within a fixed set of parameters. There will be an emphasis on understanding how an investment professional manages a portfolio given a budget and a set of limits.
TBA
Ethical questions about museum activities are legion, yet they are usually only discussed when they become headlines in newspapers. At the same time, people working in museums make decisions with ethical and legal issues regularly and seldom give these judgments even little thought. In part, this is due to the fact that many of these decisions are based upon values that become second nature. This course will explore ethical issues that arise in all areas of a museum's operations from governance and management to collections acquisition, conservation, and deaccessioning. We will examine the issues that arise when the ownership of objects in a museum's are questioned; the ethical considerations involved in retention, restitution and repatriation; and what decolonization means for museums.
The course aims to teach MA in Statistics students how to manage their careers and develop professionally. Topics include resume and cover-letter writing, negotiation, mentoring, interviewing skills and communication across global teams. Top professionals from across the globe speak to students and help improve leadership skills.
This course is intended to provide a mechanism to MA students in Statistics who undertake on-campus project work or research. The course may be signed up with a faculty member from the Department of Statistics for academic credit. Students seeking to enroll in the course should identify an on-campus project and a congenial faculty member whose research is appealing to them, and who are able to serve as their mentor. Students should then submit an application to enroll in this course, which will be reviewed and approved by the Faculty Director of the MA in Statistics program.
Prerequisites: GR5203; GR5204 &GR5205 and at least 4 approved electives This course is an elective course for students in the M.A. in Statistics program that counts towards the degree requirements. To receive a grade and academic credits for this course, students are expected to engage in approved off-campus internships that can be counted as an elective. Statistical Fieldwork should provide students an opportunity to apply their statistical skills and gain practical knowledge on how statistics can be applied to solve real-world challenges.
Required for students in the Climate and Society MA Program Prerequisites: undergraduate course in climate or physics; undergraduate calculus An overview of how the climate system works on large scales of space and time, with particular attention to the science and methods underlying forecasts of climate variability and climate change. This course serves as the basic physical science course for the MA program in Climate and Society
Practical Production 1 teaches students best practices regarding film production and technology in the integrated first year of the MFA Film Program through lectures, discussions, pre-production meetings, multi-hour shoots on set and an end-of-the-semester screening. This class is required for all first-year students. Throughout the Fall, students will work in small production groups to prep and shoot a short script in the Prentis studio. Each week one group will organize a pre-production meeting and then produce a four-hour shoot. The professor will be in attendance and two de-briefing sessions will occur throughout the production to reiterate best film production practices. Additional assignments will include the creation of various pre-production, production and wrap paperwork and tech deliverables. Additional mandatory production and risk management workshops will be given. The last class will be a screening of all group films and prep/discussion for the 3-5 exercise shot over Winter Break. Required for all first-year students.
Required course for students in the Climate and Society MA program. An overview of how climate-societal and intra-societal relationships can be evaluated and quantified using relevant data sets, statistical tools, and dynamical models. Concepts and methods in quantitative modeling, data organization, and statistical analysis, with applications to climate and climate impacts. Students will also do some simple model experiments and evaluate the results. Lab required. Pre-requisites: undergraduate-level coursework in introductory statistics or data analysis; knowledge of calculus; basic familiarity with R programming language.
This course offers an exploration of the concepts, methods, and tools required to analyze climate-related problems and craft solutions for reducing vulnerability and building resilience to climate variability and change. Drawing on the framework of risk analysis, the course examines and integrates risk assessment, risk perception, risk communication, and risk management. The course explores several forms of climate governance, including market-based and policy responses, as well as the kinds of cultural and behavioral change that can be promoted by communication and education. Rather than focusing in a single discipline, the course spans both social and natural sciences. It also bridges a number of divides, including those between research and applications, between developed and developing countries, and between the temporal scales of climate variability and change.
Advanced introduction to classical sentential and predicate logic. No previous acquaintance with logic is required; nonetheless a willingness to master technicalities and to work at a certain level of abstraction is desirable. Note: Due to significant overlap, students may receive credit for only one of the following three courses: PHIL UN3411, UN3415, GR5415.
Tech Arts: Post Production delivers a practical introduction to modern post production workflows. The course will cover the process of moving efficiently from production to post production, the techniques of non-linear editing and ultimately the process of professionally finishing a film for modern distribution. Students will learn foundational post terminology, how to create the best workflow for your film, how to manage data/footage in the edit room, and offline and online editing. Additionally, the class will explore other key steps in the post production process including audio syncing, transcoding, exporting and mastering. The hands-on lessons and exercises will be conducted using the industry-standard non-linear editing system (NLE), Avid Media Composer, and will serve as a primer for other professional systems, including Adobe Premiere and Davinci Resolve. Students will also learn about Columbia Film’s shared storage system and cloud editing systems, Avid Nexis and Avid Media Central. The course is necessary and required for Columbia Film MFA students as it prepares them for post production, an unavoidable component of the most essential part of the Film MFA, filmmaking.
Prerequisites: Math GR5010 Required: Math GR5010 Intro to the Math of Finance (or equivalent),Recommended: Stat GR5264 Stochastic Processes – Applications I (or equivalent) The objective of this course is to introduce students, from a practitioner's perspective with formal derivations, to the advanced modeling, pricing and risk management techniques that are used on derivatives desks in the industry, which goes beyond the classical option pricing courses focusing solely on the theory. The course is divided into four parts: Differential discounting, advanced volatility modeling, managing a derivatives book, and contagion and systemic risk in financial networks.
This course teaches cutting-edge tools and methods that drive investment decisions at quantitative trading firms, and, more generally, firms applying machine learning to big data. The course will combine presentations of theory, immediately followed by in-class Python programming examples using real financial data. The course will develop a general approach to building models of economic and financial processes, with a focus on statistical learning techniques that scale to large data sets. Among the topics covered are lasso, elastic net, cross validation, Bayesian models, the EM algorithm, Support Vector Machines, kernel methods, Gaussian processes, Hidden Markov Models, and neural networks. The final project will lead the students to build a trading strategy based on the techniques learned throughout the course.