About this Specialization

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The field of analytics is typically built on four pillars: Descriptive Analytics, Predictive Analytics, Causal Analytics, and Prescriptive Analytics. Descriptive analytics (e.g., visualization, BI) deal with the exploration of data for patterns, predictive analytics (e.g., data mining, time-series forecasting) identifies what can happen next, causal modeling establishes causation, and prescriptive analytics help with formulating decisions. This specialization focuses on the Prescriptive Analytics (the final pillar). This specialization will review basic predictive modeling techniques that can be used to estimate values of relevant parameters, and then use optimization and simulation techniques to formulate decisions based on these parameter values and situational constraints. The specialization will teach how to model and solve decision-making problems using predictive models, linear optimization, and simulation methods.
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100% online courses
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Flexible Schedule
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Beginner Level
Approximately 4 months to complete
Suggested pace of 4 hours/week
English
Shareable Certificate
Earn a Certificate upon completion
100% online courses
Start instantly and learn at your own schedule.
Flexible Schedule
Set and maintain flexible deadlines.
Beginner Level
Approximately 4 months to complete
Suggested pace of 4 hours/week
English

How the Specialization Works

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Hands-on Project

Every Specialization includes a hands-on project. You'll need to successfully finish the project(s) to complete the Specialization and earn your certificate. If the Specialization includes a separate course for the hands-on project, you'll need to finish each of the other courses before you can start it.

Earn a Certificate

When you finish every course and complete the hands-on project, you'll earn a Certificate that you can share with prospective employers and your professional network.

There are 4 Courses in this Specialization

Course1

Course 1

Introduction to Predictive Modeling

Course2

Course 2

Optimization for Decision Making

Course3

Course 3

Advanced Models for Decision Making

Course4

Course 4

Simulation Models for Decision Making

Offered by

Placeholder

University of Minnesota

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