1 Credit

Mental Models: Mathematical Thinking

This course introduces students to fundamental mathematical concepts and their applications in business decision-making. Participants will learn basic statistical concepts, probability models, and decision analysis techniques.

Learning Goals
  • Understand basic statistical concepts and their application in data analysis
  • Learn to use probability models to make informed decisions under uncertainty
  • Master decision analysis techniques for evaluating complex choices and tradeoffs
  • Gain hands-on experience building and using basic financial models for planning
  • Discover optimization methods for maximizing or minimizing key business objectives
Overview
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Picture this: You're presented with a wealth of data about your company's performance, market trends, and customer behavior. Hidden within these numbers are key insights that could drive your strategy, but how do you uncover them? How do you use this data to make informed, quantitative decisions?

"Mental Models: Mathematical Thinking" is tailored for professionals who want to harness the power of mathematics to make better business decisions. This course will equip you with a foundational toolkit of mathematical concepts and techniques that you can apply to analyze data, model scenarios, and optimize outcomes.

Through hands-on exercises and real-world case studies, you'll learn to use descriptive statistics to understand data patterns, probability models to assess risks and opportunities, and decision analysis techniques to evaluate complex choices. You'll also gain experience building basic financial models and using optimization methods to maximize results.

Don't let data overwhelm you or intuition drive your decisions. Gain the mathematical skills you need to analyze deeply, decide wisely, and lead quantitatively!

What you'll get out of this course
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  • Data Literacy: Learn to understand and draw insights from business data using statistical concepts
  • Probabilistic Thinking: Use probability models to assess risks, opportunities, and expected outcomes
  • Decision Analysis Skills: Master techniques for making complex decisions with multiple objectives
  • Financial Modeling Basics: Gain experience building and using simple financial models for planning
  • Optimization Techniques: Learn methods for maximizing profits, minimizing costs, or optimizing resource allocation
Learning goals
Toggle open
  • Understand basic statistical concepts and their application in data analysis
  • Learn to use probability models to make informed decisions under uncertainty
  • Master decision analysis techniques for evaluating complex choices and tradeoffs
  • Gain hands-on experience building and using basic financial models for planning
  • Discover optimization methods for maximizing or minimizing key business objectives