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: Decision Making
Status: Business Analytics
BeginnerCourse9 hours

Featured reviews

NH

5.0Reviewed Jul 12, 2017

The instructor is great. However, I would like to know the solutions for the exam. I sometimes pass the exam but struggle with certain questions but had no clue how to resolve it.

SM

5.0Reviewed Apr 8, 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.

DA

5.0Reviewed Mar 9, 2018

Very interesting subject with a good instructor. I'd like to be able to cover the content in more detail, but it was a good introduction to optimization theory.

KR

4.0Reviewed Jul 18, 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 14, 2020

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

SS

5.0Reviewed May 28, 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 17, 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 13, 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

AR

4.0Reviewed Jul 11, 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.

JJ

5.0Reviewed Jul 19, 2020

Learnt a lot of new things and also a very good revision of already known things. The Prof explains everything in detail with adequate examples and illustrates the same in the software.

SG

4.0Reviewed May 20, 2018

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

SK

5.0Reviewed Sep 9, 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!

All reviews

Showing: 20 of 459

Anna Rolland
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Reviewed Sep 3, 2017
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Reviewed May 21, 2018
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