BIZ-FSS Forecasting with Statistics and Simulation

       APPLY NOW





SSG Course Code: CRS-N-0048414/TGS-2019506390

 

Improve your forecasting with statistics and simulation models.

This intermediate business analytics course aims to provide you with:

  • An introduction to regression analysis
  • Simulation models for decision-making under uncertainty

By the end of the course, you will be equipped with useful forecasting and simulation skills that you can apply to finance, operations, sports etc.

    TOPIC COVERAGE

    Predictive analytics:

    • Basic concepts and calculations of statistics: central limit theorem, distribution functions, confidence intervals and hypothesis testing
    • Regression analysis for explanatory modeling (Python package statsmodels)
    • Regression analysis for predictive modeling (Python package scikit-learn)

    Simulation models for decision-making under uncertainty

    • Introduction to probability
    • Random variables and building simulation models
    • Statistical measures as the outputs of a simulation model


     
       

    Course Fees

    SGD 2,140

    (SGD 242 after MAX Funding)

     
       

    Date

    TBC

    9am - 6pm

     
       

    Venue

    NUS Business

    School

     
       

    Level

    Intermediate

     


       

    Advisor: Clare Ong (Ms)
    Contact: +65 6601 7823
    Email: clare.ong@nus.edu.sg

     

    APPLICATION PROCEDURE AND DEADLINE

    • Participants are strongly advised to apply at least 2 weeks in advance.

    WHO SHOULD ATTEND

    Individuals who have the basic Python skills and are keen on data analytics skills and their applications.

      PRE-REQUISITES

      Quantitatively inclined and have basic Python skills (data types, control flow, and packages like Pandas, NumPy and Matplotlib).

      Participants are expected to bring their own laptops (Win or Mac) with Anaconda (free individual version) installed.  

      FACULTY 

      Xiong Peng

      Lecturer, Analytics & Operations

      COURSE FEES AND FUNDING

       Self-Sponsored

      Company-Sponsored

      SME (ETSS Scheme) 

      Company-Sponsored

      Non-SME 

      Course Fees $2,140.00 $2,140.00 $2,140.00
      Singapore Citizens & PRs aged 21 years and above $642.00 $242.00 $642.00
      Singapore Citizens aged 40 years and above (MCES Scheme) $242.00 $242.00 $242.00

      The above prices are quoted in Singapore dollars (SGD), inclusive of 7% GST.