Quantitative Analysis expands on the summer Business Foundations coursework and is taught by Professor Aaron Perry during the Fall semester.
Businesses around the world are looking for ways to leverage data to create business value: data about customers, inventories, business operations, product performance, prices, sales, advertising campaigns, employees, and supply chains. Decision-making via quantitative analysis using tools from operations research, statistical modeling, predictive analytics, and more is a part of that leverage and a part of what is widely becoming known as business analytics.
Course Topics:
- Statistics and Probability Distributions
- Simulation
- Optimization
- Regression
Upon completion of Quantitative Analysis, students should be able to:
- Understand how analytical techniques and tools are used to provide solutions to operational problems in various business functional areas including finance, economics, operations, and marketing.
- Identify and analyze business problems through the lens of any given functional area.
- Develop analytical models to analyze various business problems.