The course aims to minimize the gap between modern statistical theory and practical application in business environments, where many statistical tools are underutilized. The curriculum covers essential methods and techniques pertinent to business operations, ensuring that students grasp the core statistical principles. By the course’s conclusion, students should be able not only to utilize those techniques, but also explaining their outcomes to a broader audience, including senior management. While we review the theory, this is mainly a practical course with ample time dedicated to hands-on exercises. The course predominantly uses case studies from the financial sector, but the techniques and methodologies taught are applicable across a diverse range of industries.
Research School for Socio-Economic and Natural Sciences of the Environment