Course details
This course emphasizes analytical techniques and concepts that results in broadly applicable solutions to business problems. The course introduces decision making under uncertainty from a computational perspective and provides an overview of the necessary tools for building autonomous and decision-support systems. Following an introduction to probabilistic models and decision theory, we will cover computational methods for solving decision problems with model uncertainty and imperfect state information. Students will develop data-driven predictive models when faced with uncertainty in business. Presents an advanced course in the application of statistical methods to business problems. Statistics provide techniques for interpreting data, permitting managers to use information to answer larger questions. We will be focusing on topics such as Regression, Time Series Analysis, and Forecasting. Extensive lab work using computer software will lead to theoretical solutions. Students will interpret and apply these solutions as a guide to practical management action.
Prerequisite(s)
- Acceptance into the Bachelor of Business Administration program.
Credits
4.0
Cost
$858.08 - $877.39 See individual course offerings below for actual costs.
Course offerings
Spring/Summer 2023
Below is one offering of BABI 8800 for the Spring/Summer 2023 term.
CRN 67926
Duration
Tue Apr 25 - Mon Jul 31 (15 weeks)
- 15 weeks
- CRN 67926
- $858.08
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 25 - Jul 31 | N/A | N/A | Online |
| Jul 31 | Mon | 18:00 - 21:00 | Burnaby SE12 Rm. 321 |
Instructor
Leslie Major
Course outline
Credits
4
Cost
$858.08
Important information
- Departmental approval needed
-
Enrollment is restricted to students accepted into the Flexible Learning (formerly Part-Time Studies) BBA Degree Program. Registration approval is automatically granted upon acceptance into the program. This online course follows a weekly schedule with posted due dates for assignments and exams. However, lecture content is asynchronous with no weekly face-to-face meetings with the instructor. The final exam will be held at the Burnaby campus on July 31.
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings, subscribe to receive email updates or contact us with your comments or questions.
Fall 2023
Below are two offerings of BABI 8800 for the Fall 2023 term.
CRN 48472
Duration
Tue Sep 05 - Sat Dec 16 (15 weeks)
- 15 weeks
- CRN 48472
- $877.39
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 05 - Dec 09 | N/A | N/A | Online |
| Dec 16 | Sat | 09:00 - 12:00 | Burnaby SE12 Rm. 321 |
Instructor
Leslie Major
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$877.39
Important information
- Departmental approval needed
-
Enrollment is restricted to students accepted into the Flexible Learning (formerly Part-Time) BBA Degree Program. Registration approval is automatically given upon acceptance into the program. This is an online course. Assignments/quizzes will be due at specific times during the week, but there is no weekly face-to-face with the instructor at a given time. The final exam will be held at the Burnaby campus on Saturday, December 16.
Status
CRN 49347
Duration
Tue Sep 05 - Mon Dec 11 (15 weeks)
- 15 weeks
- CRN 49347
- $877.39
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 05 - Sep 09 | N/A | N/A | Online |
| Sep 11 - Dec 11 | Mon | 18:00 - 21:30 | Burnaby SE12 Rm. 310 |
Instructor
Leslie Major
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$877.39
Important information
- Departmental approval needed
-
Enrollment is restricted to students accepted into the Flexible Learning (formerly Part-Time) BBA Degree Program. Registration approval is automatically given upon acceptance into the program. This is an in-person class with weekly lectures/labs at the Burnaby campus. The first week of class, as well as class on October 2, 9, and November 13 will all be delivered asynchronously due to holidays.
Status
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Develop and apply data driven frameworks to modern business problems.
- Use time series forecasting methods to assist in making business decisions.
- Use linear regression to forecast or model business situations.
- Evaluate the validity of predictive models in business situations.
- Select the most appropriate method for forecasting or modelling in a given situation.
- Analyze, interpret, and apply the meaning of the coefficients and statistics generated by different mathematical models.
- Analyze business mathematical models using software.
- Use decision trees, EMV, and risk analysis approaches to inform the decision making process.
- Convert theoretical solutions into practical management terms.
Effective as of Winter 2022
Related Programs
Data and Decisions (BABI 8800) is offered as a part of the following programs:
School of Business + Media
- Bachelor of Business Administration
Bachelor of Business Administration Full-time/Part-time
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