The problem that motivates RM is ancient: how does a company manage its capacity and/or prices to extract the greatest possible revenue from the marketplace? In just 24 weeks, you’ll journey through a challenging curriculum and gain the specialized skills needed to analyze big data and turn it … 2 certificates awarded: a Certificate in Fundamentals of Data Science and a Certificate in Data Analytics Curriculum: 4 modules covering Statistics for Data Science, Programming for Data Science, Data Mining Techniques and We survey the state of the art and mention representative products. This allows identification of the factors that determine the outcome of the dependent variable. The ability to manage the crisp and consistent execution of projects is becoming a crucial capability for the success of most ventures. Students also develop techniques to effectively visualize and then communicate results to stakeholders. business score-carding. This session covers two types of data mining techniques based on AI and machine Learning, that are useful for predictive modeling. Avoiding Pitfalls in … The second half of the session examines Market Basket Analysis using Association Rules. Whatever industry you and your team are focused on - be it manufacturing, financial services, life sciences or electronics - projects are key vehicles for innovation, productivity improvement, and growth. This session provides an introduction to the statistical methods used in decision modeling, including: (1) review of the mean, median, mode, standard deviation, normal curve, graphs and charts; (2) sampling - why sample, uses of sampling, comparison of sample survey methods on 10 dimensions, sample design and choosing random samples; (3) making estimates from samples - central limit theorem, confidence intervals for means and proportions; and (4) computing sample size for estimating means and proportions. Rigorous programs within a truly customized academic experience. We also discuss how clustering can be a useful step in developing multiple target marketing or segmented modeling strategies. In fact, as a firms offerings become more digitally driven and/or service-oriented, the manufacturing and assembly component of work declines, and project planning and execution play a vital role. Some real world problems cannot be modeled using pure optimization techniques, particularly those that involve an element of chance. Courses are taught by expert faculty who bring industry experience to the online classroom. As one of the Cox School's most popular professional development programs, the GBACP helps you Participants who miss the assessment will not be awarded the certificate issued by SMU. Using NodeXL, students will then analyze the structure of a Twitter and/or Facebook Fan Page network and develop strategies for activating actors in this network to achieve desired outcomes. The interactive virtual setting In this first of three sessions on data mining, we examine the key ideas underlying data mining and machine learning, the types of problems where these methods can be applied, the process of exploratory data analysis, and the process of preparing data for building data mining models. An exceptional school in the heart of a vibrant, global, business-friendly city. Create value from organizational data and make smarter business decisions for increased performance and profitability. SMU Data Science Boot Camp puts the student experience first, teaching you the knowledge and skills to conduct analysis on a wide array of real-world problems. We begin by applying hypothesis tests to one-variable problems. An innovative learning culture influences the way the world does business. Saturday Mornings This session explores several different methods most commonly used to forecast. Linear programming (LP) is a tool for the mathematical optimization of complex decision problems.This session begins with a fun, hands-on, interactive problem-solving exercise drawn from production planning. format, participants learn a range of techniques, Leverage the terabytes of data that bombard your organization to drive efficiency, maximize your tech-nology investment and strengthen your customer relationships. In this session, we focus on two additional methods for data mining. This class is divided into two sections. The MSBA is a … Support your organization with tools and skills to improve your data insights. Almost every company spends time retrieving data and placing it into spreadsheets.This can be a huge waste of time and often a robotic process.The module will discuss ways to automate this process with Visual Basic for Applications (VBA).A real world corporate example will show how one company retrieves data to help facilitate the management of data from four different reporting methods. The Balanced Scorecard (BSC) is a performance measurement system that helps management gain a fast yet comprehensive view of the organization, as well as translate organizational strategy into every-day operations. Data analytics graduate certificate programs provide college graduates with targeted training in the knowledge and skills required for careers that involve working with big data in fields such as advertising, business, engineering Each module is conducted over 2 weekday evenings and a full Saturday. To address these uncertainties in a decision-making context, decision trees have proved to be a powerful graphical tool. Spreadsheet implementation of decision trees further extend to the decision-maker the ability to perform sensitivity analysis to gain a deeper understanding of how sensitive the optimal solution is to changes or inaccuracies in model assumptions. This example is used to introduce the basic concepts behind LP as a mathematical model of the exercise is developed and then solved using the Solver in Microsoft Excel. This session discusses the essentials of project management, covering broadly the technical and social aspects of project execution. With its pillars of Financial Services, Human Capital, Leadership & Management and Technology & … Simulation involves building a computer model that generates probabilistic outcomes based on the decisions we make and the uncertainties we face. BIDA). PERSPECTIVES@SMU PROGRAMMES Master of IT in Business (MITB) HR Analytics Certificate - Using Analytics to Improve People Decisions (Foundation Level) Certified HR … from traditional statistical and optimization models to data mining and data visualization. data from corporate databases, data Sources of uncertainty include such factors as consumer demand, competitors' behavior, and acts of nature. First, we examine Clustering, which is a data mining method for discovering distinct segments within a broad data set. More realistic models require multiple variables. classmates across a variety of industries and locations. Academics Overview The online master of science in data Science program from Southern Methodist University equips data-driven professionals with the skills required to generate measurable impact in their business or organization. These topics are explored through Google Analytics. Students will become familiar with implementing regression in Excel and interpreting the Excel output. An exceptional school in the heart of a vibrant, global, business-friendly city. Each cohort In a data-driven economy, the ability to make better decisions, create value and develop a sustained competitive advantage using data analytics techniques, is imperative. An innovative learning culture influences the way the world does business. A community where professors know students by name and help them create powerful networks. SMU Academy is the professional training arm of Singapore Management University. These topics are explored through Google Analytics. Either Full-Time or Part-Time, the MSBA program prepares students for successful careers in the burgeoning field of business analytics from business analysts, data analysts, marketing analysts, financial analysts, data base and data warehouse architects to data scientists. The online graduate certificate in Business Analytics from Saint Mary's combines the latest industry tools and approaches with coursework in data visualization, business modeling, geographic information systems, and more. In the non-technical Applied Business Analytics program, you will learn a practical framework that includes data models, decisions, and value, building confidence in using data to improve decision-making. In the SMU Data Visualization and Communication Certificate program, learn how to pair visual representations like charts, diagrams, infographics and dashboards with storytelling techniques to strengthen your delivery. The Cox GBACP teaches managers and analysts how to access Graduates of this program will master the concepts and tools required to effectively mine, manage and analyze unstructured data and to clearly communicate … A community where professors know students by name and help them create powerful networks. Data Analytics: Harnessing Data for Quality Service Delivery, Value Enhancement & Outcomes Advanced Certificate In Service Leadership & Innovation Upcoming Sessions: 14 Apr 2021 - 15 Apr 2021 Students build a diverse portfolio of projects in our coding, data, and fintech programs or complete multiple certification training’s in our cybersecurity program demonstrating their knowledge. As a consequence, analysts have developed a number of different forecasting techniques. Its name signals its objective to balance each of the following: This class session will include an introduction to the Balanced Scorecard, specifically its strategy map, as well as illustrations of how it has been used in organizations. The first topic covered here is hypothesis tests; the primary decision-making tool in statistics. Decision trees allow a decision-maker to consider the possible outcomes of his decisions in a systematic way and to draw correct conclusions with respect to the best course of action. 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