The course follows the below structure:
- Introduction to Analytics, Course Admin, and Introduction to DataCamp
- Basic Mathematics for Analytics (online module "Data Science for Managers" due)
- Inferential Statistics with R (I) (online module "Introduction to R" due)
- Inferential Statistics with R (II) and Application
- Project Coaching (online module "Generalized Linear Models in R" due one week before coaching session)
- Guest Lecture on Analytics, Artificial Intelligence, Quantum Computing, and the Blockchain (this is a joint session together with class 2196)
- Analytics in MNCs
- Project Presentations
In this class, students will learn to understand and apply advanced tools for business analytics. We will develop conceptual and mathematical foundations. Then, we will apply these foundations to analytical questions using R (A language for statistical computing). The course will be accompanied by a learning module in DataCamp, which students can use to acquire basic programming skills, and extend existing knowledge. We will solve simple isolated exercises, as well as more involved issues in business case studies. After completing this course, students will be able to manage and execute data science and analytics tasks, and understand how these tasks contribute to MNC strategy and competitive advantage. Students taking this class are expected to have a basic understanding of statistics, for example evidenced by successful completion of the courses “Managing and Analyzing Data for Business Decisions”, “Machine Learning and the MNC”, or similar courses in other study programs. Alternatively, students can familiarize themselves with basic statistical concepts using self-teaching materials provided before the course starts. No prior experience with programming languages is required.
Attendance at all sessions is required.
The class is a workshop-style course, with many interactive elements. Students are expected to give presentations, provide feedback on each other’s work, and discuss their progress with instructors. The class is also accompanyied by an online teaching module, which forms an inherent part of teaching and student evaluation in this class. This online module is provided by DataCamp, a leading provider of online resources for data science training.
The final case for this class is "Paillasse International SA: Global Market Selection". The case can be downloaded for this class here: https://hbsp.harvard.edu/import/654508. The key question for the final case is "Where should Paillasse invest?". This question is to be answered using data analysis techniques.
To prepare for the test in session 1, and to familiarize themselves with basic statistical concepts, students are encouraged to work through the learning materials provided here: http://analytics4exac.net/. The password is "pmba2019". The test in session 1 will be based on these materials.