25.6.13
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Foundations of Business Analytics

Gain a competitive edge in the job market by mastering high-demand analytical skills. This course equips you with powerful quantitative methods to enhance your decision-making, ensuring you make better, more informed, and effective business choices. Say goodbye to instinct-based decisions and embrace data-driven strategies essential for a successful business career.

Learning Outcomes
Upon successful completion of this course, participants will be able to:

  1. Apply Quantitative Methods: Utilize various quantitative techniques to improve business decision-making processes.

  2. Describe Probability and Sampling: Grasp the fundamentals of probability, sampling, and survey methods to gather and analyze data effectively.

  3. Perform Forecasting: Conduct both qualitative and quantitative forecasting to predict future business trends and outcomes.

  4. Develop and Use Models: Create and apply models to simulate business scenarios and make informed decisions.

  5. Differentiate Financial Analysis from Accounting: Describe the key differences between financial analysis and accounting, and apply financial analysis techniques to evaluate business performance.

  6. Conduct Risk Analysis: Perform comprehensive risk analyses to identify potential business risks and develop mitigation strategies.

  7. Utilize Computer-Based Information Systems: Leverage computer-based systems for data analysis, project management, and risk simulation.

Outline

  • Problem Solving and Decision-Making

  • Introduction to Probability

  • Introduction to Sampling and Surveys

  • Decision Analysis

  • Utility and Decision-Making

  • Forecasting

  • The Modeling Process

  • Modeling in a Corporate Environment

  • Financial Analysis

  • Project Management PERT/CPM

  • Computer Simulation and Risk Analysis

  • Computer-Based Information Systems

External Partnership
In an effort to broaden our course offerings, Syracuse University has partnered with leaders in their respective fields to provide learning opportunities for our students. This course is brought to you through our partnership with ed2go. Once you have completed the checkout process, you should expect to be contacted by a ed2go representative within 1-3 business days with information on how to access your course material and getting started. They will be your main point of contact while you are going through the coursework. Feel free to reach out to Syracuse University if you have any questions at microcredential@syr.edu or 315.443.2588.

Skills / Knowledge

  • Quantitative Methods
  • Probability and Sampling
  • Forecasting
  • Risk Analysis
  • Financial Analysis

Earning Criteria

Required