Catalog 2021-2022

QMB 660 Advanced Business Forecasting

For graduate students only. Most business planning begins with a forecast. We cover the most helpful forecasting models, whether you are a financial analyst, an operations manager, an accountant, a marketer, a human resources manager or an entrepreneur. We use actual historical data much like the data you encounter in practice. The models are explained as procedures that you may replicate with your own data. In particular, we study moving-average, exponential smoothing, regression (simple and multiple), time-series decomposition and ARIMA models, as well as techniques for combining forecasts and data mining. We use Excel-based ForecastX, one of the most widely used forecasting software in practice.




Foundation courses.