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Searching for QSTIS879 returned 1 classes
  • QST IS 879

    Business Modeling with Spreadsheets

    This course aims to sharpen students' ability to conduct quantitative analyses of business problems. The primary focus is on problem formulation and analysis -- identifying the key components of a decision problem, structuring it, translating it into a graphical chart, and then building the appropriate mathematical and spreadsheet models. These models are used to generate valuable qualitative and quantitative managerial insights. Students will be introduced to data management and decision tools such as Formula Diagrams, Linear Optimization, and Error Detection methodologies, as well as to Parametric Sensitivity Analyses. While each business problem is distinctive, a disciplined approach to problem solving can be incredibly useful across many career contexts. The concepts and exercises in this course will sharpen the student's professional ability to structure a messy problem and do some disciplined analysis on it. Developing these modeling skills requires the opportunity to brainstorm, reflect, and practice it on a wide variety of problems. Hence, the course includes intensive team-centered workshop sessions where all students get hands-on practice working with a group of peers to frame various problems in appropriate analytical terms, develop a solution approach, and critically reflect on the results. Examples will be drawn from Strategy, Operations, Technology Management, Marketing, and Finance to expose students to the broad applications of the concepts and tools learned in this class. Many of the up- to-the-minute Excel techniques covered in the course are now considered standard in industry, and developing a good understanding of them will deepen the student's ability to identify opportunities in which spreadsheet analytics can be used to improve performance, drive value, and support important decisions. Finally, students will learn the latest technologies for effectively linking spreadsheets to relational databases, and to manage reliably large scale spreadsheet development projects.

    [ 3 cr.]

Abbreviation Glossary

Abbreviation Name
CAS College of Arts & Sciences
CFA College of Fine Arts
CGS College of General Studies
COM College of Communication
EGS College of Engineering and Graduate School of Arts & Sciences
ENG College of Engineering
EOP Center for English Language & Orientation Programs (CELOP)
GMS Graduate Medical Sciences
GRS Graduate School of Arts & Sciences
HUB BU Hub general education program
KHC Questrom School of Business
LAW School of Law
MED School of Medicine
OTP Officer Training Program
PDP Physical Education Recreation and Dance
QST Questrom School of Business
SAR Sargent College
SDM Henry M. Goldman School of Dental Medicine
SED Wheelock College of Education & Human Development
SHA School of Hospitality Administration
SPH School of Public Health
SSW School of Social Work
STH School of Theology
XRG Cross Registration