Students acquire skills

- to adapt econometric models for the analysis of business problems;

- to use machine learning methods and data mining methods;

- to set up a project for analyzing a business problem;

- to apply STATA and R for business analytics;

- to understand the use of business analytics within the context of actual business cases.

The courses relies upon a mix of teaching methods:

- Instructors present basic concepts and methods.

- Students work on problems to develop further their analytical skills.

- Research papers on business problems are discussed in class.

- Discussions of business cases with practitioners help to further widen and deepen the understanding of business analytics.

Throughout the course the emphasis is on applications of concepts and tools. Students may gain a deeper understanding of statisical foundations in the specialization "Data Science and Machine Learning" offered in the coming fall.