Data Intelligence (Minor)

DEVELOP STATISTICAL MODELS

Business leaders are increasingly relying on internal and macro data to improve organization performance. Naturally, the effective use of data depends on how successful an organization is in applying data analysis tools in addition to data management. Since the data relating to a firm’s business activities in most cases involve elements of uncertainty, statistical and probabilistic tools have been widely used to model the collected data. Short, medium and long term business strategies are then developed based on these models in order to maximize performance.

USE DATA ANALYTICS SOFTWARES

The scale of the data currently being collected by a vast number of businesses is enormous. The basic analytical tools such as Microsoft Excel and Access are no longer a match for the challenges facing these businesses. Luckily, there exists many software to help with such challenging tasks. Pursuing a minor in Data Intelligence will allow you to  learn to use Statistical Analysis Software (SAS), the world leader in analytical software, which is widely and increasingly being used by businesses, governments and academia around the world.

GENERATE RELIABLE FORECASTS

How is the weather today? Is it consistent with the forecast you read on your phone widget yesterday? Weather forecasts are created by collecting data at a large scale about temperature, humidity, wind and many others factors, in a specific location, over time. A variety forecasting tools and techniques are used to generate weather forecasts. 
In order for a product or service to be successful, it is mandatory that demand is properly researched and forecasting methods are used before tackling the planning and production phase.

Courses

BSTA 378 : Statistical Models for Data Analysis
BSTA 445 : Statistical Software for Data Management and Analysis
BSTA 477 : Managerial Forecasting
BSTA 478 : Data Mining Tools &Techniques

Notes:

  • All DI / BSTA courses are 3 credits in length.
  • You must be taking one Major to declare a DI Minor.
  • All DI Minor students must complete 4 DI / BSTA courses totaling 12 credits.
  • Students can declare a business double major in the BComm program, replacing any previously declared business minor. The John Molson School of Business may impose quotas on some majors.
  • To review the course requirements for your year of entry in the program please refer to the JMSB course calendar or degree worksheet for that year.

Career Options

A DI minor matches well with any other business field. After you finish the DI Minor, you can explore and apply your skills in positions such as:

Data Scientist, Data Engineer, Big Data Engineer, Machine Learning Scientist, Business Analytics Specialist, Data Visualization Developer, Business Intelligence (BI) Engineer,  BI Solutions Architect, BI Specialist, Analytics Manager, Machine Learning Engineer, etc.

Also you can check out other key websites for DI Careers provided in our Extra Information.

Questions

Want to know more? We are there to help. Write your concerns to us and we will get back to you shortly. You can also schedule an appointment with one of our dedicated executives who will be happy to assist you with any question regarding the program.