MBAD603

This course provides exposure to and practice in the use of quantitative tools for aiding managerial decision-making in the corporate and public sectors. Several quantitative techniques are reviewed, solved, and modeled with Excel, along with opportunity to practice with problems and short business cases. Students will also work on a data mining group project that will have them access databases, build an appropriate data set, and extract relevant recommendations to stakeholders. The topics to be surveyed include descriptive statistics, inferential statistics, the craft of spreadsheet modeling, decision theory, and optimization. This is a hands-on course, and students are expected to actively engage in the outside (online) class work. The methods and skills in this course apply across all areas of business, as is increasingly being recognized under categories such as business analytics and business intelligence.