Susan Bandes

NYU Launches the World's First Alternative Data Course Following the Publication of a Seminal White Paper by Two of Its Professors

Retrieved on: 
Wednesday, October 21, 2020

The new class represents the first time an accredited institution offers a full university course on alternative data.

Key Points: 
  • The new class represents the first time an accredited institution offers a full university course on alternative data.
  • In conjunction with the new class, Professors Petter Kolm and Gene Ekster have published a new white paper ( https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3715828 ) on alternative data.
  • Novel findings in the paper describe the relationship between the alternative data ecosystem, investment alpha potential, and the degree to which data is structured.
  • The authors argue that the very fabric of alternative data, which is often unstructured, creates the many varieties of alpha opportunities unique to the alternative data ecosystem.