Data, Models and Decisions in Business Analytics, Certificate

Data, Models and Decisions in Business Analytics, Certificate

  • Anytime
    Application Deadline
  • 84 days
    Duration
EdX is an online learning platform trusted by over 12 million users offering the Data, Models and Decisions in Business Analytics Program in collaboration with Columbia University – ColumbiaX. Learn fundamental tools and techniques for using data towards making business decisions in the face of uncertainty.

About

In today’s world, managerial decisions are increasingly based on data-driven models and analysis using statistical and optimization methods that have dramatically changed the way businesses operate in most domains including service operations, marketing, transportation, and finance.

The main objectives of the Data, Models and Decisions in Business Analytics Data, Models and Decisions in Business Analytics course, part of the Business Analytics MicroMasters program from Columbia University - ColumbiaX Columbia University - ColumbiaX are the following:

  • Introduce fundamental techniques towards a principled approach for data-driven decision-making.
  • Quantitative modelling of dynamic nature of decision problems using historical data, and
  • Learn various approaches for decision-making in the face of uncertainty
What you'll learn
  • Fundamental concepts from probability, statistics, stochastic modeling, and optimization to develop systematic frameworks for decision-making in a dynamic setting
  • How to use historical data to learn the underlying model and pattern
  • Optimization methods and software to solve decision problems under uncertainty in business applications

Topics covered include probability, statistics, regression, stochastic modeling, and linear, nonlinear and discrete optimization.

Most of the topics will be presented in the context of practical business applications to illustrate its usefulness in practice. 

The Data, Models and Decisions in Business Analytics programme is part of the Business Analytics MicroMasters Program.

Detailed Programme Facts

Programme Structure

Courses include:
  • Introduction to Probability: Random variables; Normal, Binomial, Exponential distributions; applications
  • Estimation: sampling; confidence intervals; hypothesis testing
  • Regression: linear regression; dummy variables; applications
  • Linear Optimization; Non-linear optimization; Discrete Optimization; applications
  • Dynamic Optimization; decision trees

English Language Requirements

This programme requires students to demonstrate proficiency in English.

Academic Requirements

  • Undergraduate probability, statistics and linear algebra.  
  • Students should have working knowledge of Python and familiarity with basic programming concepts in some procedural programming language.

Tuition Fee

  • International Applies to you

    375 USD/full
    Tuition Fee
    Based on the original amount of 375 USD for the full programme and a duration of 84 days.
  • National Applies to you

    375 USD/full
    Tuition Fee
    Based on the original amount of 375 USD for the full programme and a duration of 84 days.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
  • 5% discount coupon: Z7LZNQ4TN3B2JTWU valid for any free course + certificate upgrade

Funding

Check the programme website for information about funding options.

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.