Concerning the Free Online Internship at BCG
Are you a curious problem-solver who loves working with data? Have you worked with statistics or programming before? Are you curious about the practical applications of artificial intelligence? If so, this curriculum is ideal for you!
This job simulation will give you a unique perspective on working with our innovative and diverse team at BCG X to address important problems. The application will demonstrate the types of issues that BCG X resolves and will try to mimic the difficulties you would encounter, such as unfamiliar terminology, unclear client objectives, and difficult data analysis. Each of those elements is essential to our daily tasks.
BCG X’s data science and analytics projects are revolutionizing today’s businesses. Our objective is to use these insights to assist businesses in creating a competitive edge. The purpose of this program is to offer you an idea of what it’s like to work at BCG X, where we use data science to assist our customers.
Within BCG, data science represents a vast market of opportunity and competence. We usually take these five high-level processes when addressing a business problem:
Understanding the customer’s context and the issue they’re attempting to resolve with data is known as business understanding and problem framing.
Understanding customer data and its statistical characteristics, as well as preparing a dataset for additional analysis, are the goals of exploratory data analysis and data cleaning.
Feature engineering is the process of creating fresh data with business context and knowledge that could offer helpful signals for outcome prediction.
Modeling and evaluation: Modeling a result and producing predictions using your engineered dataset. The reliability of these forecasts is then assessed by comparing them to the ground truth.
Converting the analysis’s findings into business choices and suggestions is known as insights and recommendations.
Every assignment in this application corresponds to a step in the data science process and is shown with a real-world example.
We understand that these assignments can be difficult, and there are definitely words and terms you may not be familiar with, but don’t panic!
Qualifications BCG offers college students a free online internship in data science.
How it operates
Finish assignments using pre-recorded videos and sample responses from the BCG team. All are self-paced; there are no live sessions.
Obtain a certificate and include it as an extracurricular activity on your LinkedIn profile and CV.
Make an impression when applying. Answer interview questions with assurance and discuss your reasons for joining our team.
Skills you will learn and practice
- Business Understanding
- Hypothesis Framing
- Communication
- Programming
- Exploratory Data Analysis
- Data Visualization
- Creativity
- Mathematical Modelling
- Model Evaluation
- Synthesis
- Client Communication
Activities in this program
Task 1: Understanding Business and Formulating Hypotheses
being aware of the problem statement and business context.
What you will discover
Meet your customer. A significant gas and electricity provider, PowerCo, is worried about losing clients.
How to understand the business environment
How to deconstruct the issue before beginning data analysis
What you’re going to do
Identify the client information required for analysis.
Describe the methods you’ll employ to look into your client’s issue.
Send your Associate Director a brief email outlining your strategy.
For more details about the tasks click on the link https://www.theforage.com/simulations/bcg/data-science-ccdz