Back to Business Analytics for Decision Making
University of Colorado Boulder

Business Analytics for Decision Making

In this course you will learn how to create models for decision making. We will start with cluster analysis, a technique for data reduction that is very useful in market segmentation. You will then learn the basics of Monte Carlo simulation that will help you model the uncertainty that is prevalent in many business decisions. A key element of decision making is to identify the best course of action. Since businesses problems often have too many alternative solutions, you will learn how optimization can help you identify the best option. What is really exciting about this course is that you won’t need to know a computer language or advanced statistics to learn about these predictive and prescriptive analytic models. The Analytic Solver Platform and basic knowledge of Excel is all you’ll need. Learners participating in assignments will be able to get free access to the Analytic Solver Platform.

Status: Business Modeling
Status: Data Analysis
BeginnerCourse9 hours

Featured reviews

SS

5.0Reviewed May 27, 2020

I would like to recommend this course to the business analyst aspirants. It is really intriguing and helps to develop analytical skills. The examples and assignments are perfect to train a beginner.

HM

5.0Reviewed May 16, 2020

Awesome pedagogy and syllabus of the course. Learnt a lot of new concepts, practiced them and understood through a series of case study analysis and quizzes. Great.. !!

PJ

5.0Reviewed Jan 12, 2021

Well explained course. All excel sheets shared are very useful. It looks like I am actually woraking in a company and solving real managerial problem. Very claverly formed course

KR

4.0Reviewed Jul 17, 2019

Training course was very useful in decision making with analytical tools to cope up with risk analysis, data optimization, evaluating scenarios, binary model decision making etc.

ER

5.0Reviewed Jun 13, 2020

this course helped me to learn decision making througu descriptive predictive prescriptive analysis and optimization models , how to build simulation optimization

SK

5.0Reviewed Sep 8, 2020

Learnt how to use the analytic business solver in Excel and apply it to business problems. Learnt other models too along with practical implementations to real world problems. Thank you!

AR

4.0Reviewed Jul 10, 2020

It was really awesome course. It was fun learning about business analytics for decision making through the course. I learned how to make use omathematical functions to make successful decision.

SG

4.0Reviewed May 19, 2018

This course provides a brilliant overview of Business Analytics problems. Bit more details about the underlying mathematical techniques used would be helpful.

FA

5.0Reviewed Jul 13, 2020

Thanks to professor Manuel Laguana and also thanks to University Colorado Boulder for arranging this course that's are so helpful to business field in Business Analytics for Decision Making.

SM

5.0Reviewed Apr 7, 2021

Nice course, to help in taking decisions for own as well as other bussiness, i studies all new things related to the analytics. this course help to improve our self.

PA

5.0Reviewed Aug 11, 2020

I think this is a practical and insightful course for understanding what business analysis is and how models apply in realily by providing useful and familiar examples. Highly recommend this course

DI

5.0Reviewed Jun 25, 2020

The content of the course was well planned and interesting. I learnt a lot good stuffs which I'm sure will help me in gowing my skills in Bisiness analytics.

All reviews

Showing: 20 of 459

Anna Rolland
2.0
Reviewed Sep 3, 2017
Martin Flegl
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Reviewed Apr 17, 2020
Timofey Igoshin
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Reviewed Dec 11, 2018
Alexandros Ntzoufas
1.0
Reviewed Nov 26, 2020
Gautam
5.0
Reviewed Apr 19, 2020
Nedchanok Homrighous
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Reviewed Jul 14, 2020
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5.0
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Reviewed Jun 2, 2017
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5.0
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Reviewed May 17, 2020
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Reviewed May 31, 2020
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Reviewed Jan 14, 2019
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Reviewed May 28, 2020
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Reviewed Aug 12, 2020
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4.0
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5.0
Reviewed Apr 17, 2020
KRISHNA R MENON
5.0
Reviewed May 29, 2020