David S. Matteson, Assistant Professor in the Department of Statistical Science (CIS and ILR), has been awarded a five-year CAREER Award from the National Science Foundation (NSF) for his proposal entitled “New Frontiers in Time Series Analysis.” Professor Matteson’s proposed work focuses on developing new statistical methodologies and expanding applications of existing methods to address the challenges and opportunities presented by increasingly available high dimensional “big” data. “With increasingly vast data being generated from sensors, GPS, RFID, medical devices, and emergency and energy systems, there is a very immediate need for new analytical methods that can be applied across a wide range of fields,” said Matteson.
Matteson is excited to begin new work supported by the CAREER Award. “This award will support exciting data science research in financial markets, economics, neuroscience, social media and statistics. This includes detecting fraudulent financial transactions, forecasting massive panels of economic variables, spatio-temporal analysis of brain activity, and collaborations with Google and Twitter,” explains Matteson. Matteson also plans to support new advising and teaching initiatives including a reproducible data science course module, a time series workshop, a revised textbook with Professor David Ruppert on “Statistics and Data Analysis for Financial Engineering,” and the design of a new course on high dimensional predictive analytics.
The NSF Faculty Early Career Development (CAREER) Program offers the Foundation’s “most prestigious awards in support of junior faculty who exemplify the role of teacher-scholars through outstanding research, excellent education and the integration of education and research.” The NSF funds a limited number of these awards each year, with only a handful going to scholars in Mathematical Sciences. “It’s exciting to have my proposed work chosen for such support,” said Matteson. “I feel very grateful to my student collaborations and faculty mentors, who have shaped my professional development and enriched my career.”