Digital Education

Quantitative Bus. Decisions

Call it Business Intelligence, Business Analytics, or Data Science - it is still just 'Quant' to me

Quantitative Business Decisions

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Quantitative business decision follows a mathematical approach to business decision-making techniques and methods. Numbers are your friends and help business leaders through analysis of decision made under uncertainty. Quant is used in many functional areas of organizations including finance, accounting, operations, marketing, quality control, and human resources. Names like business intelligence, data science, business analytics, and quantitative analysis, are all used to describe the different mathematical business techniques.

Recommended Textbook: OM6 - Operations Management by Collier and Evans

Introduction

Learning Objectives

  1. Understand the basics of Management Science and Data Science
  2. Learn how to make decisions with numbers
  3. Develop an appreciation for quantitative reasoning

To Do List

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My Profit Game

Learning Objectives

  1. Determine how your organization can maximize profit
  2. Business is a competitive environment, there are no trophies for participation
  3. Use what you have learned from game theory to maximize your organization's profit while minimizing risk
  4. The organization that generates the most long run profits, wins
  5. Any organizations with negative profit file for bankruptcy
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Regression Analysis

Learning Objectives

  1. The work horse of data analytics and data science
  2. Coming soon
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