- International Fees
International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Course Overview
This course emphasizes analytical techniques and concepts that results in broadly applicable solutions to business problems. The course introduces decision making under uncertainty from a computational perspective and provides an overview of the necessary tools for building autonomous and decision-support systems. Following an introduction to probabilistic models and decision theory, we will cover computational methods for solving decision problems with model uncertainty and imperfect state information. Students will develop data-driven predictive models when faced with uncertainty in business. Presents an advanced course in the application of statistical methods to business problems. Statistics provide techniques for interpreting data, permitting managers to use information to answer larger questions. We will be focusing on topics such as Regression, Time Series Analysis, and Forecasting. Extensive lab work using computer software will lead to theoretical solutions. Students will interpret and apply these solutions as a guide to practical management action.
Prerequisite(s)
- Acceptance into the Bachelor of Business Administration program.
Credits
4.0
Domestic fees
$907.73
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Develop and apply data driven frameworks to modern business problems.
- Use time series forecasting methods to assist in making business decisions.
- Use linear regression to forecast or model business situations.
- Evaluate the validity of predictive models in business situations.
- Select the most appropriate method for forecasting or modelling in a given situation.
- Analyze, interpret, and apply the meaning of the coefficients and statistics generated by different mathematical models.
- Analyze business mathematical models using software.
- Use decision trees, EMV, and risk analysis approaches to inform the decision making process.
- Convert theoretical solutions into practical management terms.
Effective as of Winter 2022
Related Programs
Data and Decisions (BABI 8800) is offered as a part of the following programs:
- Indicates programs accepting international students.
- Indicates programs with a co-op option.
School of Business + Media
- Bachelor of Business Administration
Bachelor of Business Administration Full-time/Part-time
Course Offerings
Fall 2024
Below are two offerings of BABI 8800 for the Fall 2024 term.
CRN 49347
Dates
Mon Sep 02 - Mon Dec 09
- 15 weeks
- CRN 49347
- Domestic fees $907.73
Status
Cancelled
This course offering has been cancelled. Please check this page for other currently available offerings, subscribe to receive email updates or contact us with your comments or questions.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 02 - Dec 09 | Mon | 18:00 - 21:30 | Burnaby |
Instructor
Leslie Major
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Departmental approval needed
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Enrollment is restricted to students accepted into the Flexible Learning (formerly Part-Time) BBA Degree Program. Registration approval is automatically given upon acceptance into the program. This is an in-person class with weekly lectures/labs at the Burnaby campus. The first week of class, as well as class on September 30, October 14, and November 11 will be delivered asynchronously due to the stat holidays.
CRN 48472
Dates
Tue Sep 03 - Sat Dec 14
- 15 weeks
- CRN 48472
- Domestic fees $907.73
Status
In Progress and Full
This course offering is in progress and full. Please check this page for other currently available offerings, subscribe to receive email updates or contact us with your comments or questions.
Class meeting times
Instructor
Leslie Major
Course outline
Important information
- Departmental approval needed
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Enrollment is restricted to students accepted into the Flexible Learning (formerly Part-Time) BBA Degree Program. Registration approval is automatically given upon acceptance into the program. This is an online asynchronous course. Assignments/quizzes will be due at specific times during the week, but there is no weekly face-to-face with the instructor at a given time. The final exam will be held at the Burnaby campus on Saturday, December 14.
Winter 2025
Below is one offering of BABI 8800 for the Winter 2025 term.
CRN 89764
Dates
Mon Jan 06 - Mon Apr 14
- 15 weeks
- CRN 89764
- Domestic fees $907.73
Status
Seats Available
This course offering has seats available.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 06 | Mon | 18:00 - 21:30 | Burnaby SE12 Rm. 324 |
| Jan 13 | Mon | 18:00 - 21:30 | Online |
| Jan 20 | Mon | 18:00 - 21:30 | Burnaby SE12 Rm. 324 |
| Jan 27 | Mon | 18:00 - 21:30 | Online |
| Feb 03 | Mon | 18:00 - 21:30 | Burnaby SE12 Rm. 324 |
| Feb 10 | Mon | 18:00 - 21:30 | Online |
| Feb 24 | Mon | 18:00 - 21:30 | Burnaby SE12 Rm. 324 |
| Mar 03 | Mon | 18:00 - 21:30 | Online |
| Mar 10 | Mon | 18:00 - 21:30 | Burnaby SE12 Rm. 324 |
| Mar 17 | Mon | 18:00 - 21:30 | Online |
| Mar 24 | Mon | 18:00 - 21:30 | Burnaby SE12 Rm. 324 |
| Mar 31 | Mon | 18:00 - 21:30 | Online |
| Apr 07 - Apr 14 | Mon | 18:00 - 21:30 | Burnaby SE12 Rm. 324 |
Instructor
Leslie Major
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Departmental approval needed
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course is restricted to students enrolled in the part-time BBA Degree Program. Registration approval is automatically granted upon acceptance. This is an in-person course held Monday evenings. The first week will be completely asynchronous online, and in-person sessions will start week 2 on January 9. Class be online asynchronous February 20 and April 10 due to holidays.
Programs and courses are subject to change without notice.