About this Course
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Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Approx. 12 hours to complete

Suggested: 4 weeks of study, 2-3 hours/week...

English

Subtitles: English, Chinese (Simplified)

Skills you will gain

SimulationMathematical OptimizationSolverDecision Tree

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Approx. 12 hours to complete

Suggested: 4 weeks of study, 2-3 hours/week...

English

Subtitles: English, Chinese (Simplified)

Learners taking this Course are

  • Operations Analysts
  • Operations Managers
  • Business Analysts
  • Risk Managers
  • Instructional Designers

Syllabus - What you will learn from this course

Week
1
3 hours to complete

Introduction, Descriptive and Predictive Analytics

5 videos (Total 145 min), 1 reading, 1 quiz
5 videos
The Newsvendor Problem39m
Moving Averages41m
Trends, Seasonality47m
Week 1 Wrap-up, Apparel Industry14m
1 reading
Excel Files, Slides and Practice Problems10m
1 practice exercise
Newsvendor and Forecasting Quiz20m
Week
2
2 hours to complete

Prescriptive Analytics, Low Uncertainty

6 videos (Total 96 min), 1 reading, 1 quiz
6 videos
Optimizing with Solver31m
Network Optimization Example20m
(Optional) Week 2 Review20m
(Optional) Solver on Mac3m
(Optional) Solver in Google Sheets4m
1 reading
Excel Files, Slides, and Practice Problems10m
1 practice exercise
Decisions with Low Uncertainty Quiz20m
Week
3
2 hours to complete

Predictive Analytics, Risk

4 videos (Total 85 min), 1 reading, 1 quiz
4 videos
Simulating Uncertain Outcomes in Excel24m
Interpreting and Visualizing Simulation Output31m
(Optional) Week 3 Review15m
1 reading
Excel file, Slides, Practice Problems10m
1 practice exercise
Risk and Evaluation Quiz20m
Week
4
3 hours to complete

Prescriptive Analytics, High Uncertainty

6 videos (Total 133 min), 1 reading, 1 quiz
6 videos
Using Simulation with Decision Trees25m
Using Optimization Together with Simulation16m
Week 4 Wrap-up15m
(Optional) Session 4 Review21m
(Optional) Advanced Session on Optimization28m
1 reading
Excel files, Slides, and Practice Problems10m
1 practice exercise
Decision Tree Analysis Quiz20m
4.7
633 ReviewsChevron Right

43%

started a new career after completing these courses

48%

got a tangible career benefit from this course

17%

got a pay increase or promotion

Top reviews from Operations Analytics

By PKOct 12th 2019

An exceptionally organized course with sufficient examples, it provides an in depth analysis of the concepts introduced (optimization, decision trees, forecasting, simulations) and of the tools used.

By JHAug 12th 2016

This module is really good for those of us who need to plan strategically ahead. It helps answer a lot of questions that business leaders will grapple with as they try to look ahead in the business.

Instructors

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Senthil Veeraraghavan

Associate Professor of Operations, Information and Decisions
The Wharton School
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Sergei Savin

Associate Professor of Operations, Information and Decisions
The Wharton School
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Noah Gans

Anheuser-Busch Professor of Management Science, Professor of Operations, Information and Decisions
The Wharton School

About University of Pennsylvania

The University of Pennsylvania (commonly referred to as Penn) is a private university, located in Philadelphia, Pennsylvania, United States. A member of the Ivy League, Penn is the fourth-oldest institution of higher education in the United States, and considers itself to be the first university in the United States with both undergraduate and graduate studies. ...

About the Business Analytics Specialization

This Specialization provides an introduction to big data analytics for all business professionals, including those with no prior analytics experience. You’ll learn how data analysts describe, predict, and inform business decisions in the specific areas of marketing, human resources, finance, and operations, and you’ll develop basic data literacy and an analytic mindset that will help you make strategic decisions based on data. In the final Capstone Project, you’ll apply your skills to interpret a real-world data set and make appropriate business strategy recommendations....
Business Analytics

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.