Quantitative Modeling

Probabilistic and Statistical Decision-Making for Management

QST QM 221 (4 credits)

Exposes students to the fundamentals of probability, decision analysis, and statistics, and their application to business. Topics include probability, decision analysis, distributions, sampling, estimation, hypothesis testing, and chi-square. Please note: Students may not receive credit for both QST QM 221 and CAS EC 305.

2017FALLQSTQM221 A1, Sep 6th to Dec 11th 2017
Days Start End Type Bldg Room
MW 10:55 am 12:10 pm HAR 105
2017FALLQSTQM221 A2, Sep 6th to Dec 11th 2017
Days Start End Type Bldg Room
MW 12:50 pm 2:05 pm HAR 105
2017FALLQSTQM221 B1, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 9:30 am 10:45 am HAR 240
2017FALLQSTQM221 B2, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 9:30 am 10:45 am HAR 222
2017FALLQSTQM221 B3, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 11:00 am 12:15 pm HAR 412
2017FALLQSTQM221 B4, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 11:00 am 12:15 pm CAS 233
2017FALLQSTQM221 B5, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 12:30 pm 1:45 pm HAR 224
2017FALLQSTQM221 B6, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 12:30 pm 1:45 pm PSY B33
2017FALLQSTQM221 B7, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 12:30 pm 1:45 pm HAR 208
2017FALLQSTQM221 B8, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 2:00 pm 3:15 pm HAR 222
2017FALLQSTQM221 B9, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 3:30 pm 4:45 pm HAR 315
2017FALLQSTQM221 C1, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 3:30 pm 4:45 pm KCB 107
2018SPRGQSTQM221 A1, Jan 22nd to May 2nd 2018
Days Start End Type Bldg Room
MW 10:55 am 12:10 pm
2018SPRGQSTQM221 A2, Jan 22nd to May 2nd 2018
Days Start End Type Bldg Room
MW 12:50 pm 2:05 pm
2018SPRGQSTQM221 B1, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 8:00 am 9:15 am HAR
2018SPRGQSTQM221 B2, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 8:00 am 9:15 am
2018SPRGQSTQM221 B3, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 9:30 am 10:45 am HAR
2018SPRGQSTQM221 B4, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 9:30 am 10:45 am
2018SPRGQSTQM221 B5, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 11:00 am 12:15 pm HAR
2018SPRGQSTQM221 B6, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 12:30 pm 1:45 pm HAR
2018SPRGQSTQM221 B7, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 2:00 pm 3:15 pm HAR
2018SPRGQSTQM221 B8, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 2:00 pm 3:15 pm
2018SPRGQSTQM221 B9, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 3:30 pm 4:45 pm HAR
2018SPRGQSTQM221 C1, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 3:30 pm 4:45 pm
2018SPRGQSTQM221 C2, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 5:00 pm 6:15 pm HAR

Modeling Business Decisions and Market Outcomes

QST QM 222 (4 credits)

Examines the use of economic and statistical tools for making business decisions. Topics include optimization (including linear programming), multiple regression, demand modeling, cost modeling, industry analysis (including models of perfect competition, monopoly, and oligopoly), and game theory. The course emphasizes modeling with spreadsheets.

2017FALLQSTQM222 A1, Sep 6th to Dec 11th 2017
Days Start End Type Bldg Room
MW 10:10 am 11:00 am KCB 104
F 10:10 am 11:00 am HAR 315
2017FALLQSTQM222 B1, Sep 6th to Dec 11th 2017
Days Start End Type Bldg Room
MW 12:20 pm 1:10 pm HAR 324
F 12:20 pm 1:10 pm HAR 322
2017FALLQSTQM222 C1, Sep 6th to Dec 11th 2017
Days Start End Type Bldg Room
MW 1:25 pm 2:15 pm HAR 324
F 1:25 pm 2:15 pm HAR 315
2017FALLQSTQM222 D1, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 8:00 am 9:15 am HAR 222
2017FALLQSTQM222 E1, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 9:30 am 10:45 am FLR 123
2017FALLQSTQM222 F1, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 11:00 am 12:15 pm HAR 406
2017FALLQSTQM222 G1, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 5:00 pm 6:15 pm HAR 228
2017FALLQSTQM222 H1, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 2:00 pm 3:15 pm HAR 224
2017FALLQSTQM222 I1, Sep 5th to Dec 12th 2017
Days Start End Type Bldg Room
TR 3:30 pm 4:45 pm HAR 222
2018SPRGQSTQM222 A1, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 8:00 am 9:15 am
2018SPRGQSTQM222 B1, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 9:30 am 10:45 am
2018SPRGQSTQM222 C1, Jan 19th to May 2nd 2018
Days Start End Type Bldg Room
MW 11:15 am 12:05 pm
F 11:15 am 12:05 pm
2018SPRGQSTQM222 D1, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 11:00 am 12:15 pm
2018SPRGQSTQM222 E1, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 11:00 am 12:15 pm
2018SPRGQSTQM222 F1, Jan 19th to May 2nd 2018
Days Start End Type Bldg Room
MWF 12:20 pm 1:10 pm
2018SPRGQSTQM222 G1, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 2:00 pm 3:15 pm
2018SPRGQSTQM222 H1, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 3:30 pm 4:45 pm
2018SPRGQSTQM222 I1, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 3:30 pm 4:45 pm
2018SPRGQSTQM222 J1, Jan 18th to May 1st 2018
Days Start End Type Bldg Room
TR 5:00 pm 6:15 pm

Topics in Business Analytics

QST QM 711 (2 credits)

This condensed analytics course focuses on how to learn from data, specifically to 1) assess the validity of conclusions that have been drawn from statistical analyses; 2) recognize the extent to which variation characterizes products and processes, and understand the implications of variation on organizational decisions when interpreting data; and 3) portray, summarize and analyze data to support operational and strategic decisions associated with the core business models. Students will increase their understanding of the use of probabilities to reflect uncertainty; how to interpret data in light of uncertainty to assess risk; and how to build and interpret regression models, which can be used to inform core business and organizational decisions.

2018SPRGQSTQM711 G1, Jan 18th to Apr 26th 2018
Days Start End Type Bldg Room
R 6:30 pm 9:15 pm

Data Analysis for Managerial Decision-Making

QST QM 717 (3 credits)

The overall goal of this course is to improve student ability to learn from data, specifically to 1) assess the validity of conclusions that have been drawn from statistical analyses; 2) recognize the extent to which variation characterizes products and processes, and understand the implications of variation on organizational decisions when interpreting data; and 3) portray, summarize and analyze data to support operational and strategic decisions associated with the core business models. Students will increase their understanding of the use of probabilities to reflect uncertainty; how to interpret data in light of uncertainty to assess risk; and how to build and interpret regression models, which can be used to inform core business and organizational decisions.

2017FALLQSTQM717 F1, Sep 11th to Dec 11th 2017
Days Start End Type Bldg Room
M 6:30 pm 9:15 pm HAR 208
2018SPRGQSTQM717 F1, Jan 24th to May 2nd 2018
Days Start End Type Bldg Room
W 6:30 pm 9:30 pm

Business Analytics: Spreadsheet Optimization and Simulation

QST QM 880 (3 credits)

The modeling process illustrated throughout the course will significantly improve students? abilities to structure complex problems and derive insights about the value of alternatives. You will develop the skills to formulate and analyze a wide range of models that can aid in managerial decision-making in the functional areas of business. These areas include finance (capital budgeting, cash planning, portfolio optimization, valuing options, hedging investments), marketing (pricing, sales force allocation, planning advertising budgets) and operations (production planning, workforce scheduling, facility location, project management). The course will be taught almost entirely by example, using problems from the main functional areas of business. This course is not for people who want a general introduction to or review of Excel. This course is for students who are already comfortable using Excel and would like to use it to create optimization and simulation models.

2017FALLQSTQM880 E1, Sep 6th to Dec 6th 2017
Days Start End Type Bldg Room
W 6:30 pm 9:15 pm HAR 314
2018SPRGQSTQM880 D1, Jan 22nd to May 2nd 2018
Days Start End Type Bldg Room
MW 12:50 pm 2:05 pm
2018SPRGQSTQM880 E1, Jan 23rd to May 1st 2018
Days Start End Type Bldg Room
T 6:30 pm 9:15 pm