Overview
What you will study
Most firms invest time and dollars into data analytics that identify what has already happened and what might happen in the future, but this is not enough to drive success. In order to take full advantage of their data analytics, executives must know how to transform data insights into optimal, executable actions that are evaluated by their impact on key performance metrics, leading to better decision making.
Participants of the Decision Modeling in Business Analytics course offered by New York University will learn about modern decision models and machine learning tools. Through application of these tools, executives will examine data, recommend a range of actions and evaluate each action’s impact on targeted performance metrics. This course provides hands-on experience working with different models--including optimization modeling, uncertainty modeling and risk prediction--and emphasizes their application in finance, marketing and operations functions across industries.
Programme Structure
The program focuses on:
- Predictive and Prescriptive Analytics
- Machine Learning and Predictive Modeling
- Framework of Optimization Modeling
- Business Applications of Optimization Models
- Markdown Optimization Game
- Modeling Risk
- Risk Prediction: Monte Carlo Simulation
- Optimization under Uncertainty
Key information
Duration
- Full-time
- 2 days
Start dates & application deadlines
- Students are enrolled on a first come, first served basis. We recommend applying as early as possible to reserve your place as space may be limited.
Language
Delivered
Disciplines
Business Administration Data Analytics View 298 other Short Courses in Business Administration in United StatesAcademic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Student insurance
Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:
- Additional medical costs (i.e. dental)
- Repatriation, if something happens to you or your family
- Liability
- Home contents and baggage
- Accidents
- Legal aid
We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.
Get your student insurance nowStarting from €0.53/day, free cancellation any time.
Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at New York University and/or in United States, please visit Student Insurance Portal.
Other requirements
General requirements
- Ideal for executives who head analytically oriented functions within their organization
- Intended for individuals who are interested in analytics and data-driven decision making, and who already have working knowledge of analytics
- Proficiency in written and spoken English is required.
Work experience
- Designed for professionals with 5+ years of work experience
Tuition Fee
-
International
3800 USD/fullTuition FeeBased on the tuition of 3800 USD for the full programme during 2 days. -
National
3800 USD/fullTuition FeeBased on the tuition of 3800 USD for the full programme during 2 days.
Living costs for New York City
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.