Advanced Analytics For Management Consulting

Course Code
TO 414

3 hours
(BBA Junior or Senior) or (Business Minor) or STATS 180 or STATS 250 or STATS 280 or TO 301 or preceded or accompanied by TO 557 or T557 waiver

Advanced Analytics For Management Consulting --- The course teaches how to apply advanced data analytics to solve complex business problems. Students that wish to follow a career in management consulting will need deep skills in processes, methodologies and tools used to transform the large amount of business data available ("Big Data") into useful information and support business decision making. This course will help prepare students for a career in management consulting by teaching how to model and manage business decisions with advanced data analytics and decision models. Specifically, the course will cover descriptive analytics (e.g., data visualization, query, data slicing), predictive analytics (e.g., forecasting, classification, simulation), and prescriptive analytics (e.g., optimization); all using real life case contexts and datasets. The course will focus on extracting actionable business intelligence by analyzing traditional business data as well as more recently available datasets such as social media, crowdsourcing and recommendation systems. As this is an applied course, the focus is on application of various statistical and analytical tools and the student is assumed to be familiar with basic statistics and working with spreadsheet application (e.g. MS-Excel).