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Vasant Dhar

Vasant Dhar

Joined Stern 1983

Leonard N. Stern School of Business
Kaufman Management Center
44 West Fourth Street, 8-92
New York, NY 10012

E-mail vdhar@stern.nyu.edu
Personal website
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Biography

Vasant Dhar is a Data Scientist whose research addresses the following question: when do computers make better decisions than humans?

The research is grounded in Artificial Intelligence, Machine Learning, and data big and small. The major problem areas addressed in the research are finance, healthcare, education, business, and sports. In the financial arena, for example, his major question asks whether you should trust your money to a robot. For example, see: http://online.liebertpub.com/doi/full/10.1089/big.2015.28999.vda

Similar questions apply in the other arenas. For example, could computers make better teachers than humans? Could they offer valuable healthcare advice to us that experts aren’t able to provide? Could they become valuable assistant coaches?

As recently as five years ago, it would have seemed preposterous to think that computers might drive cars better than humans in our lifetime yet driverless cars are here already. Computers are making more and more decisions for us, and increasingly so in areas that require human judgment. How might we leverage the rapid advances in machine intelligence in areas such as finance, healthcare, and education?

Professor Dhar teaches courses on Trading Strategies, Prediction, Data Science, and Foundations of FinTech. He also writes on IT-driven transformation such as the one currently driving education, and implications for how firms talk to customers and partners and govern data responsibly.

He has written over 70 research articles, funded by grants from industry and the National Science Foundation. He pioneered the use of machine learning for predictive modeling on Wall Street across proprietary systematic trading, risk management, and customer and salesforce management. He is a frequent speaker in academic as well as industrial forums.

Professor Dhar received his Bachelor of Technology from the Indian Institute of Technology in Delhi, and his Master of Philosophy and Doctor of Philosophy from the University of Pittsburgh.

Research Interests

  • Data Science
  • Predictive Analytics
  • Artificial Intelligence
  • Machine Learning
  • Data Governance

Courses Taught

  • Foundations of FinTech
  • Introduction to Data Science
  • Robo Advisors and Systematic Investing

Academic Background

Ph.D., Artificial Intelligence, 1984
University of Pittsburgh

M.Phil., 1982
University of Pittsburgh

B.Tech., Chemical Engineering, 1978
Indian Institute of Technology, Delhi

Awards & Appointments

 
Editor-in-Chief Big Data 2014
Principal Investigator Mining Online Delegate Data for 2012 US Presidential Elections, July 2011 2011
Co-Principal Investigator Interdisciplinary Studies in Security and Privacy, NYU Abu Dhabi 2011
Principal Investigator Risk-Driven Catastrophes in Global 1000 Companies, funded by Deloitte & Touche 2010
Principal Investigator News as a Risk Factor in Predictive Modeling, supported by Thomson Reuters ('10-present) 2010
Daniel P. Paduano Fellow ('09-'11) NYU Stern 2009
Co-Director Center for Business Analytics 2006

Related News & Research

Professor Vasant Dhar is interviewed about Equifax's data breach

We're asking all the wrong questions about the future of jobs

Professor Vasant Dhar is interviewed about NYU's new PhD program in data science

Professor Vasant Dhar and Arun Sundararajan's remarks at the Digital Future of Work Summit at Stern are highlighted

Professor Vasant Dhar discusses the future of work in investment management

Professor Vasant Dhar comments on the impact of new inventions on the value of human labor

Professor Vasant Dhar comments on a new project studying data from 10,000 New Yorkers

Professor Vasant Dhar discusses the role of biases when analyzing big data

Professor Vasant Dhar is interviewed about the evolution of machine learning

The Digital Future of Work Summit at NYU Stern, co-convened by Professor Arun Sundararajan, is featured; Professor Vasant Dhar is quoted

Professor Vasant Dhar discusses the future of artificial intelligence

Your future financial adviser could be a robot

Professor Vasant Dhar is highlighted as one of the 20 top data scientists in banking and finance by eFinancialCareers

Professor Vasant Dhar is interviewed about how CIOs can use artificial intelligence effectively

Robots Will Soon Do Your Taxes. Bye-Bye, Accounting Jobs

Professor Vasant Dhar is interviewed about the future of artificial intelligence in the military

Professor Vasant Dhar is interviewed about fintech startup OpenInvest

Professor Vasant Dhar comments on Grubhub's website outages

Professor Vasant Dhar is interviewed about gamification on dating apps

Professor Vasant Dhar shares insights on the evolution of artificial intelligence

Areas of Expertise

Finance

  • High Frequency Trading

Industry

  • Publishing

Information, Operations & Management Sciences

  • Artificial Intelligence
  • Database Management
  • ITSolutions
  • Information Systems Development

Marketing

  • Digital Marketing/Advertising