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30E03500 - Data Science for Business II, 25.02.2019-11.04.2019

This course space end date is set to 11.04.2019 Search Courses: 30E03500

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Syllabus

General

  • General

    General

    Welcome to the course!


    The course focuses on bridging the gap between predictive and prescriptive modelling. This will entail combining probabilistic modelling approaches with modern optimization techniques and decision-analytic tools. In terms of content, the course consists of two parts. In the first part, the students will learn methods and theory (e.g., optimization concepts and fundamentals of statistical learning theory) needed for prescriptive modelling. The material will involve programming assignments with practical applications. The second part will feature applications in the form of visiting lectures, who come different industries (e.g., financial analytics, sports analytics).

    After completing the course, students will

    • understand the importance of prescriptive analytics in business decision-making
    • be able to combine predictive modeling approaches with optimization techniques to build prescriptive analytics solutions, and
    • be able to implement (program) their solutions with suitable software.



    Assessment and grading


    Course assessment is comprised of the following two parts:

    • Team case (course project): 70%
    • Class activity (tutorials, lectures, exercises): 30%.

    All assignments must be completed to pass the course. Late assignments will not be accepted. Points from class activities and cases will be scaled to the weights above (i.e. full points from class activity -> 30 course grade precentage). Note that the starting level of the student teams will be taken into account in grading, and thus special attention is paid to the teams’ development in knowledge sharing and learning.

    Indicative course grade limits as percentages from full points:

    >= 85% -> 5
    >= 75% -> 4
    >= 65% -> 3
    >= 55% -> 2
    >= 35% -> 1

    These limits may be adjusted if deemed necessary by course staff. To give an example: getting half of class activity points (+15%  for the course) and 80% of case points (+56% for course) will result in a total of 71% for the course, implying a grade of 3.

    Please take a look at the course syllabus to find important information regarding course content, structure, assessment, etc.

    All study materials except the course books will be provided as needed and made available on the pages found in the sidebar.


    • Contact


      Professor: Pekka Malo, D.Sc. (quant. methods), M.Sc. (math)
      • Email: pekka.malo(at)aalto.fi
        • Theory-related questions

      Assistant1: Lauri Neuvonen, M.Sc. (Engineering Physics and Mathematics)
      • Email: lauri.neuvonen(at)aalto.fi
        • Questions about assignments
        • Questions about enrolment
        • Practical arrangements of the course
        • Use the subject DSBquery in your email

      Assistant2: Philipp Back, M.Sc. (econ)
      • Email: philipp.back(at)aalto.fi
        • Questions about assignments and other questions
        • Please write to me in English
        • Use the subject DSBquery in your email
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    • DataCamp logo

      This course is supported by DataCamp, a great learning platform where you can learn Python, R and SQL through a combination of short expert videos and hands-on-the-keyboard exercises.


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  • 30E03500 - Data Science for Business II, 25.02.2019-11.04.2019
  • Sections
  • General
  • Materials
  • JupyterHub
  • Gurobi
  • Week 1 - Predictive Modeling
  • Week 2 - Prescriptive Modeling
  • Week 3 - Sports Analytics
  • Week 4 - Prescriptive Analytics in Finance
  • Week 5 - From Data to Business Opportunities
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  • Schools
    • School of Arts, Design, and Architecture (ARTS)
    • School of Business (BIZ)
    • School of Chemical Engineering (CHEM)
    • –sGuides for students (CHEM)
    • – Instructions for report writing (CHEM)
    • School of Electrical Engineering (ELEC)
    • School of Engineering (ENG)
    • School of Science (SCI)
    • Language Centre
    • Open University
    • Library
    • Aalto university pedagogical training program
    • UNI (exams)
    • Sandbox
  • CORONAVIRUS INFO
    • Koronavirus - tietoa opiskelijalle
    • Coronavirus - information for students
    • Coronavirus - information för studerande
    • Corona help for teachers
  • Service Links
    • MyCourses
    • - Instructions for Teachers
    • - Teacher book your online session with a specialist
    • - Digital tools for teaching
    • - Personal data protection instructions for teachers
    • - Instructions for Students
    • - Workspace for thesis supervision
    • Sisu
    • Into portal for students
    • Courses.aalto.fi
    • Library Services
    • - Resourcesguides
    • - Imagoa / Open science and images
    • IT Services
    • Campus maps
    • - Search spaces and see opening hours
    • Restaurants in Otaniemi
    • ASU Aalto Student Union
    • Aalto Marketplace
  • ALLWELL?
    • Study Skills
    • Support for Studying
    • Starting Point of Wellbeing
    • About AllWell? study well-being questionnaire
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