Raleigh, N.C. — A $2.95 million federal grant will allow Wake Technical Community College to begin the nation's first two-year degree program in the field of business analytics, officials said Wednesday.
The grant from the Trade Adjustment Assistance Community College and Career Training initiative is the largest in Wake Tech's 50-year history.
“This grant is the right funding at the right time,” Carol Cutler White, Wake Tech's dean of sponsored programs and federal relations, said in a statement. “Business analytics is an emerging field of employment with vast job opportunities in the Triangle and beyond.”
Business analytics involves the use of data, statistical and quantitative analysis and modeling to learn about past business performance and drive planning.
The Wake Tech program will start in January.
The school was the only North Carolina community college to receive an individual grant as part of the second installment of a $2 billion, four-year initiative to promotes skills development and employment opportunities.