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Data and Decisions BABI 8800

Business Analytics & Business Intelligence Course

International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

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

Domestic fees

$889.39

Course offerings

Spring/Summer 2024

Below are two offerings of BABI 8800 for the Spring/Summer 2024 term.

CRN 67926

Duration

Mon Apr 22 - Mon Jul 29 (15 weeks)

  • 15 weeks
  • CRN 67926
  • Domestic fees $889.39
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 22 - Jul 29 N/A N/A Online
Jul 27 Sat 09:00 - 12:00 Burnaby SE06 Rm. 102
Instructor

Leslie Major

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Domestic fees

$889.39

Important information
  1. Departmental approval needed
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. 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 27.
Status

In Progress and Full

This course offering is in progress and full. Please check back next term, subscribe to receive email updates or contact us with your comments or questions.

CRN 69461

Duration

Mon Apr 22 - Mon Jul 29 (15 weeks)

  • 15 weeks
  • CRN 69461
  • Domestic fees $889.39
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 22 - Jul 29 N/A N/A Online
Jul 27 Sat 09:00 - 12:00 Burnaby SE06 Rm. 102
Instructor

Leslie Major

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Domestic fees

$889.39

Important information
  1. Departmental approval needed
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. 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 27.
Status

In Progress and Full

This course offering is in progress and full. Please check back next term, subscribe to receive email updates or contact us with your comments or questions.

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:

  • Indicates programs accepting international students.
  • Indicates programs with a co-op option.

School of Business + Media

  1. Bachelor of Business Administration
    Bachelor of Business Administration Full-time/Part-time

Contact Us

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  • Privacy Notice: The information you provide will be used to respond your request for BCIT course information and is collected under Section 26(c) of the Freedom of Information and Protection of Privacy Act (FIPPA). For more information about BCIT’s privacy practices contact: Associate Director, Privacy, Information Access & Policy Management, British Columbia Institute of Technology, 3700 Willingdon Ave. Burnaby, BC V5A 3H2, email: privacy@bcit.ca.