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Modeling Risk and Realities

Business and Financial Modeling,

Useful quantitative models help you to make informed decisions both in situations in which the factors affecting your decision are clear, as well as in situations in which some important factors are not clear at all. In this course, you can learn how to create quantitative models to reflect complex realities, and how to include in your model elements of risk and uncertainty. You’ll also learn the methods for creating predictive models for identifying optimal choices; and how those choices change in response to changes in the model’s assumptions. You’ll also learn the basics of the measurement and management of risk. By the end of this course, you’ll be able to build your own models with your own data, so that you can begin making data-informed decisions. You’ll also be prepared for the next course in the Specialization.
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Rating 4.4 based on 215 ratings
Length 5 weeks
Effort 4 weeks of study, 1-3 hours/week
Starts Jul 3 (45 weeks ago)
Cost $99
From University of Pennsylvania via Coursera
Instructors Sergei Savin, Senthil Veeraraghavan
Download Videos On all desktop and mobile devices
Language English
Subjects Data Science Business
Tags Data Science Data Analysis Business Business Essentials

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What people are saying

very useful

I find the course very useful and the examples are very well designed.

Great course Very helpful examples Very useful for people are learning simulation or optimization.

A very useful practical course, thanks a lot!

Very useful course especially the last part: Balancing Risk and Reward Using Simulation brilliant Great content!

Very interested topic and very useful toolkits were introduced in this course.

:-) Very useful course, on point knowledge and examples.

Very useful and engaging class.

Great Course very useful Excellent illustrations on Excel.

A very useful course mainly because it shows to its audience a way of thinking the quizzes are not really helpful/relevant.

Simulation tools were also very useful in uncertain situations quiz should be unlocked.

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very helpful

I dont think this course is for matematicians but for buisness administrators of financial related fields, so getting deeper into math formulas that will never be used is pointless, in real life we will use just excel Very helpful, practical tools that will help in a broad range of business problems.

Not very helpful for stat major students Basic Course.

good course Very helpful and practical in business environment Very nicely done.

Also, very helpful that editables files used in examples are available for students.

The course was very helpful as it gives a balanced theoretical and practical understanding in dealing with risk and uncertainties.

Very helpful!

This is a very helpful course for a lot of fields in managing risks and realities by using numerical analysis.

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easy to understand

All of the sessions were clear and easy to understand.

Very Knowledgeable content and easy to understand.

Very good slides which are well formulated and easy to understand Not too bad of a course.

Submission with straightforward and easy to understand and structured language.

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real world

The excels presented in Week 3 and 4 were lacking in substance, they didn't really help provide any useful information in real world scenarios.

Awesome couse for learning applications of statistics in real world problems.

Goodness of Fit and identifying the Distribution of one's data) but, felt the week was poorly communicated, not supplemented with sufficient (if any) examples that one could tie into the real world, did not provide sufficient excel formulas, explanations, visuals or examples.

This course had a mix of high and lows, professor Savins pieces felt more connected to real life examples to help illustrate the concepts whereas Professor Veeraraghavan felt more like a math class and very disconnected from real world examples.

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Recruiter (Also held role of District Lease Analyst ) $86k

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Rating 4.4 based on 215 ratings
Length 5 weeks
Effort 4 weeks of study, 1-3 hours/week
Starts Jul 3 (45 weeks ago)
Cost $99
From University of Pennsylvania via Coursera
Instructors Sergei Savin, Senthil Veeraraghavan
Download Videos On all desktop and mobile devices
Language English
Subjects Data Science Business
Tags Data Science Data Analysis Business Business Essentials

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