Allen Tang’s team wins data science competition

Berkeley students Eric Munsing, Allen Tang, Soeren Kuenzel and Jake Soloff (David Filiberti via Citadel)

EECS Master’s student Allen Tang (also alumnus, B.A. CS/Statistics/ORMS) and his Berkeley teammates have won the Data Open Championship at the New York Stock Exchange.  The winners receive a $100,000 cash prize and possible job interviews with Citadel, a Chicago-based hedge fund firm. The competition was comprised of 20 one-day competitions from Stanford to MIT to Oxford, with the best performers competing in the week-long finale.  The Berkeley team of four applied data science to a meaningful problem in education–the impact of opening charter schools–to find where more funding would have the biggest effect. They worked 16-hour days during the week and produced a 20-page report and presentation on how charter schools have a negative impact in the short-term but outperform public schools in the long-term because of a survivorship bias. Only good charters stay in the system while bad ones close.