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Viewing: MBA 507 : Data-Driven Managerial Decisions 2

Last approved: Thu, 02 Jun 2016 15:32:51 GMT

Last edit: Thu, 02 Jun 2016 15:32:51 GMT

Catalog Pages referencing this course
Change Type
Major
MBA (Business Administration)
507
032329
Dual-Level Course
No
Cross-listed Course
No
Data-Driven Managerial Decisions 2
Data-Driven Manag Decisions 2
Poole College of Management
Business Management (20BUS)
Term Offering
Fall, Spring and Summer
Offered Every Year
Fall 2016
Previously taught as Special Topics?
No
 
Course Delivery
Face-to-Face (On Campus)
Distance Education (DELTA)
Online (Internet)
Remote Location/Site Based
MBA RTP Facility: 1 Park Drive, Suite 130, Durham NC
Grading Method
Graded/Audit
1
5
Contact Hours
(Per Week)
Component TypeContact Hours
Lecture3
Course Attribute(s)


If your course includes any of the following competencies, check all that apply.
University Competencies

Course Is Repeatable for Credit
No
 
 
Tonya Balan
Professor of Practice
Assoc

Open when course_delivery = campus OR course_delivery = blended OR course_delivery = flip
Enrollment ComponentPer SemesterPer SectionMultiple Sections?Comments
Lecture10050YesN/A
Open when course_delivery = distance OR course_delivery = online OR course_delivery = remote
Delivery FormatPer SemesterPer SectionMultiple Sections?Comments
LEC5050YesN/A
Prerequisite: MBA 506
Is the course required or an elective for a Curriculum?
Yes
SIS Program CodeProgram TitleRequired or Elective?
52.0201Jenkins MBA ProgramRequired
Continuation of a series of business cases and problems where data analysis is part of the decision making process. Estimation of linear relationships among variables, with applications to finance, management, marketing, and operations. Proficiency with Excel methods commonly used for estimation. Completion of a project where students follow a business problem from formulation to solution using the methods covered the course. Restricted to MBA students.

The MBA core redesign is the impetus for the creation of this new course.  Much of the content that was previously taught in a three hour course (MBA 504) will now be delivered in two one hour courses (MBA 506 and MBA 507).  This reduction in credit hours in the core will allow for greater student depth of study in a specialization area.


No

Is this a GEP Course?
GEP Categories

Humanities Open when gep_category = HUM
Each course in the Humanities category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

 
 

 
 

Mathematical Sciences Open when gep_category = MATH
Each course in the Mathematial Sciences category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

Natural Sciences Open when gep_category = NATSCI
Each course in the Natural Sciences category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

Social Sciences Open when gep_category = SOCSCI
Each course in the Social Sciences category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

 
 

 
 

Interdisciplinary Perspectives Open when gep_category = INTERDISC
Each course in the Interdisciplinary Perspectives category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Visual & Performing Arts Open when gep_category = VPA
Each course in the Visual and Performing Arts category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

 
 

 
 

Health and Exercise Studies Open when gep_category = HES
Each course in the Health and Exercise Studies category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

 
&
 

 
 

 
 

 
 

Global Knowledge Open when gep_category = GLOBAL
Each course in the Global Knowledge category of the General Education Program will provide instruction and guidance that help students to achieve objective #1 plus at least one of objectives 2, 3, and 4:
 
 

 
 

 
Please complete at least 1 of the following student objectives.
 

 
 

 
 

 
 

 
 

 
 

US Diversity Open when gep_category = USDIV
Each course in the US Diversity category of the General Education Program will provide instruction and guidance that help students to achieve at least 2 of the following objectives:
Please complete at least 2 of the following student objectives.
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Requisites and Scheduling
 
a. If seats are restricted, describe the restrictions being applied.
 

 
b. Is this restriction listed in the course catalog description for the course?
 

 
List all course pre-requisites, co-requisites, and restrictive statements (ex: Jr standing; Chemistry majors only). If none, state none.
 

 
List any discipline specific background or skills that a student is expected to have prior to taking this course. If none, state none. (ex: ability to analyze historical text; prepare a lesson plan)
 

Additional Information
Complete the following 3 questions or attach a syllabus that includes this information. If a 400-level or dual level course, a syllabus is required.
 
Title and author of any required text or publications.
 

 
Major topics to be covered and required readings including laboratory and studio topics.
 

 
List any required field trips, out of class activities, and/or guest speakers.
 

College(s)Contact NameStatement Summary
College of SciencesMontserrat FuentesI support this proposal.
Teaching resources that were previously allocated to MBA 504 (3 credits) will shift to cover MBA 506 and MBA 507 (1 credit each).

The purpose of this course is to train students to apply quantitative analysis to management decisions.  Such a course is required in all MBA programs and is offered by the business school.  


Student Learning Outcomes

  • Apply critical thinking skills necessary to frame the right question and develop a plan on how to use data to answer that question

  • Apply linear regression analysis to management problems

  • Develop spreadsheet models to analyze data and optimize business decisions

  • Interpret articles and reports that involve data-driven decision making

  • Present and justify a course of action to management based on data analysis 


Evaluation MethodWeighting/Points for EachDetails
Written Assignment20homework and case write-ups
Exam40take-home
Project40Final project assessing student's ability to apply regression methods to solve a real business problem
TopicTime Devoted to Each TopicActivity
Correlation and exploratory data analysis1 weekCalculation and interpretation; correlation versus causation
Linear relationships1 weekFocus on two variables; risk versus reward; Excel applications
Extensions 2 weeksThree or more variables; continuous versus qualitative variables; interpreting analytical results; predicting mortgage rates; pricing product features and test marketing new products; demand forecasting
Presentations and exam1 weekTake-home exam, in-class presentation
mlnosbis 4/11/2016: Consultation with Statistics approved. No further consultation required.

ghodge 4/11/2016 Ready for ABGS review. Notify DELTA since this is a new site base course.

ABGS Reviewer Comments:-
-No issues.
-Question- how do they manage two 5-week courses within the semester structure? No issues, though.
sgallen (Thu, 18 Feb 2016 17:44:53 GMT): Need to revise student evaluation methods so that we have 5% class participation and 5% homework instead of 10% written assignments
mlnosbis (Fri, 11 Mar 2016 19:08:49 GMT): Rollback: Rollback to Steve Allen as requested.
Key: 8913