BUAN 506 - Business Analytics

Description:
Introduction to business analytics methods, approaches and tools. Students develop skills in: descriptive and predictive analytics methods; software tools for business analytics; forecasting; optimal analysis method selection. Formerly ECON 406, students may not receive credit for both. BUAN 406 and BUAN 506 are layered courses, students may not receive credit for both.

Prerequisites:
Prerequisites: BUS 221 or LAJ 400 or MATH 210 or MATH 211 or PSY 362 or SOC 364 or equivalent course.

Credits:
(5)

Learner Outcomes:
Upon successful completion of this course, the student will be able to:

Employ business analytics techniques (descriptive, predictive and prescriptive) to analyze common business problems.
Calculate, describe and analyze relevant business metrics (ex. sales, costs, market conditions, etc.) using appropriate software.
Predict values of relevant business metrics (sales, costs, market conditions, etc.) using appropriate software
Propose data driven prescriptions of business problems based on descriptive and predictive business analysis.
Integrate knowledge and skills from undergraduate courses in analytics, writing and General Education
Synthesize and present a business analytics/economics report based on individual creative work
Examine an advanced business analytics issue as a part of a team project, by collecting relevant data, utilizing advanced business analytics methods, and developing a report discussing the relevance of results for decision makers.

Learner Outcomes Approval Date:
2/19/21

Anticipated Course Offering Terms and Locations: