15 071 - The Analytical Edge

Institution:

Massachusetts Institute of Technology

Subject:

Description:

Presents real-world examples in which quantitative methods provide a significant competitive edge that has led to a first order impact on a variety of some of today's most important companies. Examples include finance (quantitative asset management and options pricing), sports, health care, revenue management, supply chains, and the Internet. Outlines the competitive landscape, presents the key quantitative methods that created the edge (data-mining, dynamic optimization, simulation), and discusses the impact of these methods. Includes team projects.

Credits:

3.00

Credit Hours:

Prerequisites:

Prereq: 15.053 or 15.060

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

web.mit.edu/student/

Phone Number:

(617) 253-1000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Four-one-four plan

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