BIA 600 Business Analytics: Data, Models & Decisions
Many managerial decisions - regardless of their functional orientation - are increasingly based on analysis using quantitative models from the discipline of management science. Management science tools, techniques and concepts (e.g., data, models, and software programs) have dramatically changed the way businesses operate in manufacturing, service operations, marketing, transportation, and finance. Business Analytics explores data-driven methods that are used to analyze and solve complex business problems. Students will acquire analytical skills in building, applying and evaluating various models with hands-on computer applications. Topics include descriptive statistics, time-series analysis, regression models, decision analysis, Monte Carlo simulation, and optimization models.