GBUS 7600 Data
Analysis and OptimizationPHILLIP
E PFEIFER
Quarter 4 Late Week
Section A: 8:00 to 9:25 Room 190
Section B: 11:45 to 1:10 Room 190
COURSE DESCRIPTION
This course is designed for the
student who wants to be optimally prepared to perform quantitative
analysis at a level consistent with (and exceeding) expectations for MBA
interns in positions where quantitative sophistication is required. Its
only prerequisite is the first-year Decision Analysis course; no
additional quantitative experience or acumen is required. The course will
focus primarily on data analysis, used to both gain useful insights into
relationships and make better, more useful forecasts. In addition to more
advanced treatment of regression analysis (the goal being for students to
be able to build and apply sophisticated regression models), students will
be familiarized with other common approaches to forecasting, such as
rudimentary time series analysis. Finally, the
course will introduce students to the concepts of optimization using
Excel’s Solver add-in, used to determine how to optimally allocate
resources in situations involving complex trade-offs.
COURSE OBJECTIVES
Upon completion of the course, students will be able to:
·
Develop enough familiarity
with the basic tools of management science to be able to apply them
effectively to help solve managerial problems.
·
Develop a familiarity with the
basic tools of data analysis, statistical inference, and regression.
·
Develop a familiarity with
rudimentary time-series analysis.
·
Develop a working knowledge of
optimization as implemented using Excel’s Solver tool.
RELATIONSHIP WITH OTHER ELECTIVES
This course has no pre-requisites other than successful completion of the
first year.
Students who take GBUS 7600 will not be allowed to take GBUS 891
(Managerial QA).
COURSE IMPLEMENTATION
The course will make heavy use of cases and exercises. Most
exercises involve quantitative analysis.
The daily assignments are found ONLY on the course website
on the "assignments" page.
GRADING
40% Class Participation
60% Final Exam.
Attendance: Students are expected
to attend all classes. The first year attendance policy is in effect.
Last updated:
08/19/09
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