What you will learn in Fundamentals of Quantitative Modeling Course
- Introduction to Quantitative Models: Understand the definition, purpose, and applications of quantitative models in business contexts.
- Mathematical Functions in Modeling: Learn about the four key mathematical functions commonly used in models: linear, exponential, logarithmic, and polynomial.Coursera+1Coursera+1
- Modeling Process: Explore the central steps in the modeling process, including problem definition, model construction, validation, and implementation.
- Modeling Vocabulary: Familiarize yourself with essential terminology used to describe and discuss models effectively.
- Practical Application: Apply the learned concepts to build simple models using spreadsheet tools, enhancing your analytical skills.
Program Overview
Introduction to Models
⏳ 1 hour
Define what a model is and its role in business decision-making.
Identify the four most common types of models and understand when and how to use them.
Learn the key steps in the modeling process and the essential vocabulary used to describe models.
Mathematical Functions in Models
⏳ 1 hour
Explore the four key mathematical functions used in models: linear, exponential, logarithmic, and polynomial.
Understand how these functions are applied in various business scenarios.
Building and Implementing Models
⏳ 2 hours
Learn how to construct models using spreadsheet tools.
Apply the learned concepts to build simple models for business analysis.
Model Validation and Interpretation
⏳ 1 hour
Understand the importance of validating models to ensure their accuracy and reliability.
Learn how to interpret the results of models to make informed business decisions
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Job Outlook
- Proficiency in quantitative modeling is valuable for roles such as Business Analyst, Financial Analyst, Operations Manager, and Data Analyst.
- Skills acquired in this course are applicable across various industries, including finance, consulting, marketing, and operations.
- Completing this course can enhance your qualifications for positions that require analytical thinking and data-driven decision-making.
Specification: Fundamentals of Quantitative Modeling
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