Please use this background information to answer your questions in this section: Three MBA students/classmates in Bayes Business School had different working experiences: one student worked in a large investment bank based in London as a junior financial analyst previously, one student worked in a small FinTech company that focuses on Big Data Machine Learning and the other student was a data scientist in a giant Tech company. During their MBA final course project with a real-word case study, they realise that many companies in London struggle to engage the best diverse talents, while people from less advantaged backgrounds do not receive many career opportunities. As a result, after graduating from the MBA, these three classmates want to build a new business that will help connecting/matching these firms in London and individuals from minority ethnic backgrounds (or from poor families), in order to solve this specific talent search and matching problem.

Question no 1

Based on the background information above, the main goal of this new business aims to increase social mobility and diversity in the professional firms. These three MBA students hire you as their research assistant to implement data analytics about the potential opportunities and risks of this business idea. According to the content and knowledge that you have learnt from this module, please describe a plan of your data analysis process for this project, thinking about any issues that may occur and possible solutions.