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Analytics Modules for Business Students

Data science is a relatively new requirement for business students. Historically, many business students shied away from business statistics and quantitative or operational research (OR) modules believing them to be boring and irrelevant. The high-profile use of analytics and modelling during the CO...

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Autor principal: Carroll, Paula
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer International Publishing 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10150150/
http://dx.doi.org/10.1007/s43069-023-00216-5
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author Carroll, Paula
author_facet Carroll, Paula
author_sort Carroll, Paula
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description Data science is a relatively new requirement for business students. Historically, many business students shied away from business statistics and quantitative or operational research (OR) modules believing them to be boring and irrelevant. The high-profile use of analytics and modelling during the COVID pandemic has drawn awareness to the relevance of analytics. Greater availability of data and modelling tools afford business students an opportunity to re-engage with operational research and analytics and to enjoy the satisfaction of modelling and solving real-world problems, but the challenge of the mathematical modelling skills gap of business students remains. In this paper, we describe a learning pathway of modules in business analytics that can enhance business students’ confidence and capabilities in performing statistical and analytical business tasks. We recommend modelling tools and incremental innovative mathematical modelling teaching approaches that are pedagogically sound and suitable for business students with varying quantitative backgrounds.
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spelling pubmed-101501502023-05-02 Analytics Modules for Business Students Carroll, Paula Oper. Res. Forum Case Report Data science is a relatively new requirement for business students. Historically, many business students shied away from business statistics and quantitative or operational research (OR) modules believing them to be boring and irrelevant. The high-profile use of analytics and modelling during the COVID pandemic has drawn awareness to the relevance of analytics. Greater availability of data and modelling tools afford business students an opportunity to re-engage with operational research and analytics and to enjoy the satisfaction of modelling and solving real-world problems, but the challenge of the mathematical modelling skills gap of business students remains. In this paper, we describe a learning pathway of modules in business analytics that can enhance business students’ confidence and capabilities in performing statistical and analytical business tasks. We recommend modelling tools and incremental innovative mathematical modelling teaching approaches that are pedagogically sound and suitable for business students with varying quantitative backgrounds. Springer International Publishing 2023-05-01 2023 /pmc/articles/PMC10150150/ http://dx.doi.org/10.1007/s43069-023-00216-5 Text en © The Author(s) 2023 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Case Report
Carroll, Paula
Analytics Modules for Business Students
title Analytics Modules for Business Students
title_full Analytics Modules for Business Students
title_fullStr Analytics Modules for Business Students
title_full_unstemmed Analytics Modules for Business Students
title_short Analytics Modules for Business Students
title_sort analytics modules for business students
topic Case Report
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10150150/
http://dx.doi.org/10.1007/s43069-023-00216-5
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