About this Course 100,677 current views How are you going to put knowledge to give you the results you want? Particularly, how can numbers in a spreadsheet inform us about current and previous enterprise actions, and the way can we use them to forecast the longer term? The reply is in constructing quantitative fashions, and this course is designed that will help you perceive the basics of this important, foundational, enterprise talent. Via a sequence of brief lectures, demonstrations, and assignments, you’ll be taught the important thing concepts and strategy of quantitative modeling so that you could start to create your individual fashions to your personal enterprise or enterprise. By the tip of this course, you should have seen quite a lot of sensible generally used quantitative fashions in addition to the constructing blocks that can permit you to begin structuring your individual fashions. These constructing blocks might be put to make use of within the different programs on this Specialization. This course is a part of a number of packages This course may be utilized to a number of Specializations or Skilled Certificates packages. Finishing this course will depend in direction of your studying in any of the next packages: Finance & Quantitative Modeling for Analysts Specialization Enterprise and Monetary Modeling Specialization SKILLS YOU WILL GAIN Modeling Linear Regression Probabilistic Fashions Regression Evaluation Versatile deadlines Reset deadlines in accordance to your schedule. Shareable Certificates Earn a Certificates upon completion 100% on-line Begin immediately and be taught at your individual schedule. Approx. 8 hours to finish English Subtitles: Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, Spanish Teacher Teacher score 4.69/5 (1,084 Rankings) Richard Waterman Professor of Statistics Statistics-Wharton Faculty 169,478 Learners 2 Programs Supplied by College of Pennsylvania emblem College of Pennsylvania The College of Pennsylvania (generally known as Penn) is a non-public college, positioned in Philadelphia, Pennsylvania, United States. A member of the Ivy League, Penn is the fourth-oldest establishment of upper schooling in the USA, and considers itself to be the primary college in the USA with each undergraduate and graduate research. Different programs on this Specialization Syllabus – What you'll be taught from this course Content material Rating96%(10,944 rankings) WEEK 1 2 hours to finish Module 1: Introduction to Fashions On this module, you'll discover ways to outline a mannequin, and the way fashions are generally used. You’ll look at the central steps within the modeling course of, the 4 key mathematical features utilized in fashions, and the important vocabulary used to explain fashions. By the tip of this module, you’ll have the ability to determine the 4 commonest forms of fashions, and the way and when they need to be used. You’ll additionally have the ability to outline and accurately use the important thing phrases of modeling, supplying you with not solely a basis for additional research, but in addition the power to ask questions and take part in conversations about quantitative fashions. 7 movies (Complete 72 min), 1 studying, 1 quiz WEEK 2 2 hours to finish Module 2: Linear Fashions and Optimization This module introduces linear fashions, the constructing block for nearly all modeling. Via shut examination of the widespread makes use of along with examples of linear fashions, you’ll discover ways to apply linear fashions, together with price features and manufacturing features to your enterprise. The module additionally features a presentation of progress and decay processes in discrete time, progress and decay in steady time, along with their related current and future worth calculations. Classical optimization strategies are mentioned. By the tip of this module, you’ll have the ability to determine and perceive the important thing construction of linear fashions, and counsel when and how you can use them to enhance outcomes for your enterprise. You’ll additionally have the ability to carry out current worth calculations which can be foundational to valuation metrics. As well as, you'll perceive how one can leverage fashions for your enterprise, by way of the usage of optimization to essentially fantastic tune and optimize your enterprise features. SHOW ALL SYLLABUSSHOW ALL 6 movies (Complete 69 min), 1 studying, 1 quiz WEEK 3 2 hours to finish Module 3: Probabilistic Fashions This module explains probabilistic fashions, that are methods of capturing threat in course of. You’ll want to make use of probabilistic fashions whenever you don’t know all your inputs. You’ll look at how probabilistic fashions incorporate uncertainty, and the way that uncertainty continues by way of to the outputs of the mannequin. You’ll additionally uncover how propagating uncertainty means that you can decide a variety of values for forecasting. You’ll be taught the most-widely used fashions for threat, together with regression fashions, tree-based fashions, Monte Carlo simulations, and Markov chains, in addition to the constructing blocks of those probabilistic fashions, reminiscent of random variables, chance distributions, Bernoulli random variables, binomial random variables, the empirical rule, and maybe an important of all the statistical distributions, the conventional distribution, characterised by imply and customary deviation. By the tip of this module, you’ll have the ability to outline a probabilistic mannequin, determine and perceive probably the most generally used probabilistic fashions, know the elements of these fashions, and decide probably the most helpful probabilistic fashions for capturing and exploring threat in your individual enterprise. SHOW ALL SYLLABUSSHOW ALL 12 movies (Complete 83 min), 1 studying, 1 quiz WEEK 4 2 hours to finish Module 4: Regression Fashions This module explores regression fashions, which let you begin with knowledge and uncover an underlying course of. Regression fashions are the important thing instruments in predictive analytics, and are additionally used when it's important to incorporate uncertainty explicitly within the underlying knowledge. You’ll be taught extra about what regression fashions are, what they'll and can't do, and the questions regression fashions can reply. You’ll look at correlation and linear affiliation, methodology to suit one of the best line to the information, interpretation of regression coefficients, a number of regression, and logistic regression. You’ll additionally see how logistic regression will permit you to estimate chances of success. By the tip of this module, you’ll have the ability to determine regression fashions and their key elements, perceive when they're used, and have the ability to interpret them so that you could focus on your mannequin and persuade others that your mannequin is smart, with the last word aim of implementation. SHOW ALL SYLLABUSSHOW ALL 8 movies (Complete 70 min), 1 studying, 1 quiz Critiques 4.6 1533 evaluations 5 stars 71.92% 4 stars 22.28% 3 stars 4.52% 2 stars 0.74% 1 star 0.51% TOP REVIEWS FROM FUNDAMENTALS OF QUANTITATIVE MODELING by SKDec 3, 2020 Nice course to brush up my data on statistics and modeling. It might be good to have an extra block that walks you thru some fundamentals on how you can work with the fashions offered in Excel and so on. by HSJun 13, 2022 The course helped me rather a lot in my enterprise determination the enterprise which is owned by my father and i'm additionally a administration pupil so i do know the significance of quantitative modeling in enterprise world. by SBApr 10, 2020 Wonderful studying, straightforward to observe descriptive examples, sufficient detailed content material and examples to go in depth within the topics. I actually recognize how nicely put collectively this program is. Thanks! by TSJan 18, 2021 This is a superb overview. For my part it's appropriate to individuals who have studied the ideas earlier than (possibly a very long time again in school) and want a refresher earlier than diving into particulars. Begin Studying Right this moment Monetary support out there This Course Plus the Full Specialization Shareable Certificates Self-Paced Studying Choice Course Movies & Readings Observe Quizzes Graded Assignments with Peer Suggestions Graded Quizzes with Suggestions Graded Programming Assignments 169,371 already enrolled Shareable on LinkedIn You'll be able to share your Course Certificates within the Certifications part of your LinkedIn profile, on printed resumes, CVs, or different paperwork.

About this Course

On this introductory, self-paced course, you’ll be taught a number of theories of organizational conduct and apply them to precise circumstances of organizational change.

Organizations are teams whose members coordinate their behaviors with a view to accomplish a shared aim. They are often discovered almost in all places in at present’s society: universities, start-ups, school rooms, hospitals, non-profits, authorities bureaus, firms, eating places, grocery shops, {and professional} associations are a few of many examples of organizations. Organizations are as various and complicated as they’re ubiquitous: they differ in dimension and inside construction; they’ll entail a multiplicity of targets and duties (a few of that are deliberate and others unplanned!); they’re made up of people whose targets and motivations might differ from these of the group; they usually should work together with different organizations and cope with environmental constraints with a view to achieve success. This complexity continuously ends in a myriad of issues for organizational individuals and the group’s survival. On this course, we’ll use organizational theories to systematically analyze how a company operates and may greatest be managed. Organizational theories spotlight sure options of a company’s construction and surroundings, in addition to its processes of negotiation, manufacturing, and alter. Every supplies a lens for decoding novel organizational conditions and growing a way for a way particular person and group behaviors are organized. Theories are precious for the analyst and supervisor as a result of most organizational issues are distinctive to the circumstances and can’t be solved by easy guidelines of thumb. Armed with a toolset of organizational theories, it is possible for you to to systematically determine essential options of a company and the occasions reworking it; select a theoretical framework most relevant to the noticed mode of organizing; and use that idea to find out which actions will greatest redirect the group in desired instructions. In sum, the course has three targets: to change into acquainted with a sequence of real-world organizational phenomena; to be taught totally different theoretical views that may elucidate these phenomena; and to use these other ways of “seeing” and managing organizations to circumstances. In such a style, the course is designed to actively bridge idea and apply, exposing college students to quite a lot of conceptual instruments and methods to barter novel conditions.

SKILLS YOU WILL GAIN

• Administration
• Organizational Concept
• Organizational Evaluation
• Organizational Tradition

Syllabus – What you’ll be taught from this course

Content material Ranking95%(6,989 rankings)

WEEK

1

2 hours to finish

Module 1 – Introduction

 

WEEK

2

2 hours to finish

Module 2 – Selections by Rational and Rule-based Procedures

On this module, we’ll current a normal introduction and dialogue to decision-making in organizations. We’ll relate varied rational system views of organizations that are likely to concentrate on administrative models, or leaders of organizations.

WEEK

3

2 hours to finish

Module 3 – Selections by Dominant Coalitions

This module will give a extra elaborate depiction of that mannequin, and concentrate on its core strategy of alternate and coalition formation. Inside organizations, you’ll continuously confront coalitions of pursuits, and you’ll come to appreciate that collective motion and organizational reforms are unimaginable if you don’t construct and handle a coalition to get issues carried out. Due to this fact, we flip now to Coalition idea. To narrate this idea, all through this chapter we’ll draw closely on the writings by James G March (1962, 1994: chapter 4) and Kevin Hula (1999) regarding coalition formation.

WEEK

4

2 hours to finish

Module 4 – Organized Anarchy

This module introduces you to the essential options of determination making in organized anarchies, or what some name a “rubbish can idea’ of organizations. What can we imply that the choice course of resembled an organized anarchy? Properly, for instance, a few of them have a tough time developing with their group’s platform and id. Additionally, a number of the group’s proposed options modified over the course of bargaining – some initially proposed common vouchers solely to advertise focused vouchers ultimately. Virtually all the teams thought when it comes to an id and what that entailed. And so they additionally thought of different’s identities and pursuits when attempting to control the scenario of their favor.