Skip to main content

Short Course

Applied Analytics: Essential Tools and Techniques

Apply business analytics tools and modeling techniques to uncover insights, predict outcomes, and guide strategy.

Applied Analytics

Current Offerings

There are no offerings at this time, please check back later or contact us.

Overview

Understanding how to transform data into actionable insights is increasingly important at ALL levels of an organization, whether you are making everyday decisions or informing future strategic plans. However, many decision makers lack awareness of commonly used analytics tools and techniques that can base these decisions in information and data. This course introduces students to methods for applying descriptive (What happened?), predictive (What might happen?), and prescriptive (What should we make happen?) analytics techniques to various business and operational challenges. Over four half-days, students will practice combining business data, common software tools, and various modeling and analysis techniques to quickly gain insights about operational performance, predict future outcomes, and develop optimal courses of action for business problems that might otherwise have gone unnoticed or have been deemed too challenging to approach.

Who Should Attend

This course is ideal for individual contributors at all levels, from frontline workers wrangling data and presenting insights and options to decision-makers up to organizational leaders wanting a firmer grasp of the tools and techniques that drive the analytical products and results they consume in support of fact-based decision-making.

Program Benefits

Improve your ability to:

  • Understand descriptive, predictive, and prescriptive analytics

  • Frame business problems, decisions, constraints, and data needs

  • Acquire, clean, and prepare data for analysis

  • Apply analytics techniques including visualization, regression, optimization, and decision trees

  • Translate analytical results into actionable, data-driven recommendations

Program Content

This course covers the entire spectrum of data analytics using the descriptive/predictive/prescriptive framework for business analytics. You’ll learn how to leverage data and apply analytical techniques to gain valuable insights and support decision-making in a variety of business and operational scenarios.

With these foundational skills, you will be able to better frame problems, identify and capture relevant data, and apply tools and techniques to help you and your teams more effectively tackle the toughest business and operational challenges. As a result, you will be better prepared to face your most critical decisions grounded by data—as you lead your team or organization toward improved trajectory and growth.

  • Identify and acquire data from various sources

  • Explore, clean, and prepare data for analysis

  • Create data visualizations and derive meaningful insights

  • Apply statistical techniques to identify outliers in data sets

  • Track performance through Statistical Process Control

  • Use samples to make inferences about data populations

  • Identify useful predictors from available data

  • Apply statistical techniques to predict numerical quantities

  • Apply statistical techniques to predict quantities that change over time

  • Apply statistical techniques to predict categorical data

  • Evaluate the performance of prediction models

  • Formulate and solve optimization problems to determine best courses of action

  • Formulate and solve decision problems given uncertain information

  • Apply decision tree analysis to determine outcome scenarios

Faculty

This course is led by expert faculty, with extensive academic and industry leadership experience, who are committed to sharing unique insights into your organization.

Christopher J. Solo, Ph.D.

Associate Clinical Professor of Supply Chain Management, Smeal College of Business

Dr. Solo teaches supply chain management, business analytics, and information systems at Penn State. A retired Air Force lieutenant colonel, he served more than 21 years in intelligence, acquisition, and operations research and taught statistics, optimization, and decision analysis at the U.S. Air Force Academy.

Rashmi Sharma, Ph.D.

Associate Clinical Professor of Supply Chain and Information Systems, Smeal College of Business

Dr. Sharma teaches business analytics and supply chain management at Penn State and directs the . Before entering academia, she spent a decade in industry leading the development of logistics, work-order management, and business intelligence software.

Professional Certificate

Earn an Analytics Professional Certificate

Gain broader analytics expertise while earning a credential that reflects your continued professional development. Complete three qualifying programs to earn an Analytics Professional Certificate, taking programs in any order and over time to fit your goals and schedule.

Explore Professional Certificate OptionschevronRight icon

Customize this Program

All programs and delivered to groups of 10 or more. A member of our team will reach out to discuss your goals and explore the right fit for your group. You can also reach us directly at 800-311-6364.

Request Information

Additional Information

Our Learning Solutions Associate can hold a seat for you in the program. A reservation does not commit you until you submit the online registration form. To reserve your spot, email our office.

A 10% reduced rate on live remote delivery is available to military and government employees, Penn State alumni, individuals pursuing a professional certificate, teams of three or more from the same organization, and CSCR corporate sponsors or affiliated groups.

Yes. This program can count toward a . Complete three qualifying programs at your own pace to earn the certificate. Note: Each program can only count toward one certificate.

After you register, you’ll gain access to your personal learning portal. There, you’ll find pre-program assignments, information about faculty and fellow participants, plus other program resources.

Accepted applicants can transfer to another section if the transfer is arranged more than four weeks before the program begins. Additional transfers are subject to a charge of 10% of the current program fee. A sponsoring company may also identify a replacement candidate, provided the candidate is accepted into the program.

Refunds are based on when written notice of withdrawal is received:

  • More than six weeks before the program begins: Full refund

  • Between two and six weeks before the program begins: 50% refund

  • Two weeks or less before the program begins: No refund

All withdrawals, transfers, and substitutions must be confirmed in writing by the registered participant or their agent. If written notification is not received, the full program fee will be assessed.

Penn State may cancel or postpone a program due to insufficient enrollment or other unforeseen circumstances. If a program is canceled, registration fees will be refunded; however, Penn State is not responsible for other related expenses, including airline or travel agency cancellation or change fees. If a program is postponed, you may receive a refund or transfer your program fee to another session.

If you have questions about transfers or cancellations, please contact us.