Course description
Given today's information-rich environment, companies need more competent managers and analysts to apply quantitative thinking to make data-driven decisions. However, not all businesspeople have the background to transform and utilize information into valuable and actionable insights. This course is aimed at making students comfortable with the methods in management science to improve their companies. This course applies probability and statistics to the business-driven contexts in operations, finance, and marketing. Through case studies and spreadsheet-based examples, students learn how to make a strong business recommendation based on analysis, modeling, and simulation as appropriate.
