Mendoza School of Business

ITAO Courses Required Of All Business Students

Statistical Inference in Business focuses on using data to make sound inferences about a population based on sample data, especially in business contexts. More specifically, students will learn how to make inferences using test statistics and confidence intervals in contexts of multiple groups and/or multiple variables, with multiple regression and related methods heavily emphasized. Throughout the course, issues of sampling variability, research design, causality, and the assumptions and limitations of the methods are discussed. Students will supplement their conceptual understanding of the material using statistics software.

Businesses today generate large amounts of data. Analysts are tasked with using that information to identify trends and problems, improve decision-making, increasing efficiency and optimize business processes. All of this can be achieved using Microsoft Excel and its add-on Business Intelligence tools such as Solver, Power Query and Power Pivot. This course provides an introduction and structure to analyzing what-if scenarios, organizing big data, using relational databases and developing clear data visualizations all using one application – Microsoft Excel.

Businesses compete based on the efficiency and effectiveness of delivering an experience, service, or good to their customers. This class provides a foundation for evaluating and analyzing business processes in order to make them more efficient and effective. Students will understand the problems and issues confronting operations managers. Furthermore, they will also learn language, concepts, insights, and tools to deal with these issues in order to gain competitive advantage through process analytics. The concepts and tools presented in this class can be applied to the service or manufacturing sector, to for-profit or not-for-profit organizations and all disciplines within a business.

ITAO Courses Required Of Both ITAO Majors: BAN And BTEC

A principal challenge for every manager is to determine what sorts of arguments others will find persuasive. Communication is at the heart of what business is about: writing, speaking, and listening are skills that will permit you to succeed. We’ll use case studies to examine authentic business problems and we’ll offer coaching, feedback, and peer review to develop the skills that executives, customers, employees, shareholders, the press, and the public find so valuable in a professional manager.

Whether it is picking an investment portfolio, moving goods through a supply chain, staffing a customer support center, or deciding how many reservations an airline or hotel should take, business decisions involve substantial quantitative analysis. We’ll learn how spreadsheets (beefed-up with powerful add-ins) can help solve these sorts of problems. In particular, we’ll learn how the techniques of simulation and optimization can help make a variety of businesses more competitive. Only a basic familiarity with spreadsheets is assumed.

Just days before Christmas in 1999, Toysrus.com realized that it was not going to be able to fulfill tens of thousands of toy orders that it had promised would arrive before Christmas – even though the inventory was on the shelf! Two days before Christmas, top management decided to issue “We’re Sorry” emails to everyone whose package was not shipped. Is this the business decision you would have made? This class will help develop your “corporate street smarts” to leverage your creative and problem solving skills. Through hands-on techniques and exercises you’ll learn how to ask the right questions, gather the right data, and use it to improve your judgment and make better decisions

Business Analytics Courses

Business Analytics (BAN) majors take nine required courses (18 credits total)

It is very important in the current age of big data and data-driven business models to have basic skills of programming. This course introduces students to Python, a widely used programming language among data scientists, with the goal of cleaning, modeling, transforming and analyzing data. Students will learn fundamentals of programming, use python packages for acquiring data from various sources, learn skills to slice and dice the data and produce data visualizations. They will gain experience in Python and apply these skills in generating reproducible reports in business contexts. Also, this course prepares them for more advanced data science and machine learning methods.

The unprecedented availability of data and information now allows companies to rely on facts rather than intuition to drive their business decisions. Giant online retailers like Amazon.com investigate customers’ browsing histories to recommend products that may be of interest to customers. Banks study the payment patterns of old customers to predict the likelihood that new borrowers will default. Wireless providers analyze usage data to predict customer turnover. Firms can make better strategic and tactical decisions and gain competitive advantages by leveraging the tremendous amount of data now available on the table. We’ll study the tools and techniques these companies and others use to make better and faster decisions, and we’ll learn about how methods such as data mining can be used to extract knowledge from data.

Relational databases store the majority of the information used in business analytics efforts and data analysts work with these crucial infrastructure platforms on a daily basis. In this course, you will gain an understanding of the key concepts surrounding the storage and security of structured data in relational databases. You will learn how to create, modify and query databases using the Structured Query Language (SQL). You will also discover how data analysts clean and transform this data into forms suitable for analysis using the R programming language. Finally, you will gain an understanding of the issues surrounding Big Data applications and the use of unstructured data in business analytics efforts.

Visualization techniques are increasingly important for understanding what can be learned from unstructured data sets, and demand is strong for analytical skills in this area. A typical example might involve analyzing all tweets for a particular topic to better understand consumer sentiment, where traditional analytical approaches face challenges not only due to the massive scale of the data, but also because it is unstructured. Even semi-structured data, which may be described by tags or in other ways, do not conform to the standard table structures. Students in this class will gain experience capturing, storing, and visualizing large sets of unstructured and semi-structured data using a variety of contemporary technologies such as Hadoop, PowerPivot and Tableau.

Approximately 80% of the world’s data is unstructured, that is data that does not conform to relational database principles. It is growing at fifteen times the rate of structured data. Unstructured data includes corporate e-mails, financial filings, customer feedback, blogs, online reviews, instant messages, tweets, pictures, videos, and graphs among others. Extraction of insights from unstructured data is increasingly viewed as a high-valued opportunity but is still a nascent area within many companies and other organizations. Analytic techniques are increasingly important for understanding what can be learned from unstructured data sets and demand is strong for unstructured data analytical skills.

This course introduces students to the process of performing high-valued analytics with unstructured and semi-structured data to support business decisions. Students will identify relevant data sources (big and small), learn how to use contemporary technologies such as the Hadoop ecosystem to store and process the data, implement advanced processing and analytical techniques, and develop predictive models. The course will introduce and use concepts in machine learning, natural language processing and information retrieval to solve real-world problems.

Machine learning is the science of getting technology systems to act without following prescriptive software. Most AI is unknowingly used daily by humans in their cars, homes, companies and experience it in the infrastructure of our nation. Most think we are in the midst of a new industrial revolution that is driven by AI software accompanied by sensors and big data that feed the software what it needs to act. This course will teach machine learning techniques and the application of those techniques. The course will cover supervised learning, unsupervised learning, best practices and AI safety or the ethics of AI. The course will examine real life examples such as robotic control, text understanding, medical informatics, and many other areas being impacted by machine learning.

BAN majors take 3 additional credits from:

Gain hands-on experience using analytic solutions from SAP. Topics include reporting using SAP BusinessObjects Analysis, and data mining using SAP Predictive Analysis. Students are introduced to SAP BusinessObjects and SAP Crystal analytic applications with a focus on hands-on exercises covering end-user analytics. The focus is hands-on exercises covering developer-focused analytics.

The social media landscape is being fueled by new applications, growth of devices, and the appetite for online engagement. This engagement is what provides us with the vast amounts of data and an opportunity to better understand our society and markets. In this course we will examine user-created content from many different sources of social media, such as Twitter, MeetUp, FourSquare, and more. From within the R language we will learn to procure, process, analyze, and present our findings. Some of the methods we will utilize in this course will be sentiment analysis, topic modeling (LDA), and recommender systems. In this course we also have open discussions on current events involving social media data.

Data-informed decision making has created new opportunities, but also expands the set of possible risks to organizations. One of these risks comes from grappling with the “should we?” question with regard to data and analytics, and associated privacy concerns. In this course, we will explore several frameworks to address the issues related to the proper roles of public law, government regulation, and ethics in performing and managing analytics activities. The course will cover applicable theory and guidelines, and also make use of case studies. Upon completion, the student should be comfortable adapting one of these ethical frameworks for use in alignment with their organizational mission.

Many industries are being created and transformed by using the techniques of business analytics. With the goal of studying these techniques in some depth, this course focuses on one such industry: sports. This industry has clearly benefited from the application of a wide variety of analytics techniques and has the advantage of being widely and closely followed, with large amounts of easily-accessible real-world data. Topics for study in this course include how to evaluate players, rate teams, schedule leagues, and enhance coaching strategies. Assignments involve the hands-on use of a variety of techniques and tools, which are useful in most industries. Techniques and tools include data manipulation, probability, statistics, optimization, spreadsheets, and a powerful statistics package. A basic knowledge of Excel, statistics, and sports (in particular, baseball, basketball, and football) is assumed. (You do not have to be a sports fanatic.)

Cloud computing is a transformative force in the development of technology solutions that meet business requirements. Firms no longer need to make significant capital investments in large-scale data centers that sit idle for extended periods of time. The cloud model offers flexible, scalable, and cost-efficient access to computing resources on a just-in-time basis. In this course, we will explore the applications of cloud computing to common business problems. We will explore full-stack cloud solutions, including the use of Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) technologies.

Business Technology Courses

Business Technology (BTEC) majors take eight required courses (18 credits total)

While most of us use computers as part of our daily lives, very few of us know how the computer programs we use actually work. Using object-oriented event-driven programming, we’ll build and use programs that allow the computer to perform functions you design. Your VBA (Visual Basic for Applications) programming skills will help you develop expertise as the go-to person for programming solutions, especially within Excel and other MS Office applications, and will transfer easily to many other programming languages including programming for the Internet.

This course introduces students to many of the latest trends in the use of digital technologies and examines the ways that companies use technologies strategically. We examine how technology developments have altered the business landscape to enable new processes, products, and business models. We study a variety of real-life companies that invest in technological innovations to gain a competitive edge. We discuss their innovation processes and analyze their strategies.

Each day, organizations like Wal-Mart analyze hundreds of millions of transactions to increase efficiency and better serve their customers. We’ll use market-leading Oracle Enterprise Database software to store and analyze large datasets just like Wal-Mart does. In addition, you’ll serve as an IT consultant and build a real-world application for a client organization. In this role, you’ll experience the entire system analysis process, including problem definition & analysis, design processes, testing, and implementation.

In today’s digital age, people and organizations produce and deal with unprecedented amounts of data. Thus, issues concerning information privacy and security have taken on critical importance. Information privacy and security are fundamentally about data protection. Information privacy refers to decisions around what information should be protected, from whom, why, and issues related to the ownership of information; whereas information security refers to the tactics and technologies to ensure data protection. In this course, we will address questions such as: How should organizations manage privacy and security issues? What are the various privacy and security threats that organizations and individuals face? What are the current advancements in privacy and security technologies and government regulations? We will learn about economics of privacy, biases and heuristics in privacy decisions, privacy ethics, social engineering, and public policy and regulations. Also, we will gain an understanding of security threats and gain insight into managerial best practices for managing information security. This course will involve a number of assignments along with interactive in-class exercises aimed at enhancing your privacy and security decisions.

Whether you become a high-profile real estate developer, an investment banker, or an entrepreneur, in any career you’ll need some project management skills to get your job done. Everyone tries to get projects finished on time and under budget, but many critical business projects fail anyway. We’ll learn the steps associated with successful project management, examine some optimization techniques, learn how to use the software tools that enhance productivity, and discuss how to avoid the implementation pitfalls that cause good people doing good projects to fail.

BTEC majors take 3 additional credits from:

It is very important in the current age of big data and data-driven business models to have basic skills of programming. This course introduces students to Python, a widely used programming language among data scientists, with the goal of cleaning, modeling, transforming and analyzing data. Students will learn fundamentals of programming, use python packages for acquiring data from various sources, learn skills to slice and dice the data and produce data visualizations. They will gain experience in Python and apply these skills in generating reproducible reports in business contexts. Also, this course prepares them for more advanced data science and machine learning methods.

Digital devices and communications are a part of daily life. This course will provide students with an introduction to the field of digital forensics and e-discovery. Topics to be covered include the scientific method of digital forensics, electronic discovery, legal issues related to digital analysis, and mobile technologies. Students will learn basic procedures and requirements for conducting digital analyses on a variety of platforms, including Windows, iOS, and Android devices.

Cloud computing is a transformative force in the development of technology solutions that meet business requirements. Firms no longer need to make significant capital investments in large-scale data centers that sit idle for extended periods of time. The cloud model offers flexible, scalable, and cost-efficient access to computing resources on a just-in-time basis. In this course, we will explore the applications of cloud computing to common business problems. We will explore full-stack cloud solutions, including the use of Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) technologies.