QTM9501 Business Forecasting
If you have taken ECN7520, Economic & Financial Forecasting, you cannot take this course.
This course will introduce elementary time series models and discuss advanced forecasting methods in the context of real business data and decision-making situations._ The objectives of the course are to provide experience in using time series data (e.g., sales, profits, stock prices, economic indicators, industry sector indicators) to explain the impact of various internal and external factors and predict future trends; to provide a framework for comparing alternative forecasting models for validity, accuracy, and feasibility; to enhance an appreciation for the limitations of forecasting models; to provide exposure and experience in using statistical software to develop forecasting models; and to develop skills at communicating statistical concepts, methods, results, and inferences effectively in a managerial context._ Teamwork and professional presentation of analysis and recommendations will be required during this course.
Prerequisite: QTM8400 or (QTM7010 and QTM7020 or QTM7010 and QTM8200) or completion of the One Year, Two Year or Fast Track modules