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Fundamentals of Quantitative Modeling

Business and Financial Modeling,

How can you put data to work for you? Specifically, how can numbers in a spreadsheet tell us about present and past business activities, and how can we use them to forecast the future? The answer is in building quantitative models, and this course is designed to help you understand the fundamentals of this critical, foundational, business skill. Through a series of short lectures, demonstrations, and assignments, you’ll learn the key ideas and process of quantitative modeling so that you can begin to create your own models for your own business or enterprise. By the end of this course, you will have seen a variety of practical commonly used quantitative models as well as the building blocks that will allow you to start structuring your own models. These building blocks will be put to use in the other courses in this Specialization.
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Rating 4.5 based on 875 ratings
Length 5 weeks
Effort 4 weeks of study, 1-3 hours/week
Starts Jul 3 (43 weeks ago)
Cost $99
From University of Pennsylvania via Coursera
Instructor Richard Waterman
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

quantitative modelling

The term quantitative modelling' is just how 'stats' has been 'rebranded' in the modern era.

This course is well structured and is very good for people who wants to be introduced to Quantitative Modelling or people, like me, who wants to "refresh" Quantitative Modelling knowledge acquired several years ago.

Very good background to quantitative modelling.

The fundamental concepts of quantitative modelling are nicely introduced, though, the level is VERY basic.

A good introductory course to Quantitative Modelling.

This is an amazing course modelled to know the nuances of quantitative modelling.

Excellent course on math background for quantitative modelling This is a good course for brushing up, or learning the basics of quantitative modeling.

Perfect it was really very appropriate to understand the fundamentals of the quantitative modelling and its presented in a very simple way.

It really help in equipping one to better understand the Modelling techniques This is a really good introductory course for quantitative modelling.

Amazing Too simple A wonderful and well-structured course for any beginner in the field of quantitative modelling.

This course sets the foundation for the quantitative modelling.

So that it gives a glimpse of what other skills one needs to develop, This course goes in depth of quantitative modelling with widely encountered business situations.

it was a very basic course and well explained Wonderful introduction to quantitative modelling, where you link statistics in school to financial applications -no explanation on errors-too theoretical and abstract with lack of examples and own practice Best great courses!

A very good introductory course to Fundamentals of Quantitative Modelling.

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fundamentals of quantitative modeling

Good Introduction Fundamentals of Quantitative Modeling.

Thank you to Prof. Waterman and Coursera for a very insightful and inspiring course on the Fundamentals of Quantitative Modeling.

Would have liked to get a bit more in-depth insight into certain topics but this course is called "Fundamentals of Quantitative Modeling" and does very good what is supposed to do.The reason I am not giving it a perfect score is because I felt like the assignments were too easy and the videos were a bit too long relative to the amount of information provided.

Good materials for the fundamentals of quantitative modeling.

Very insightful, yet technically loaded with fundamental concepts for modelling and statistics Excellent materials on the Fundamentals of Quantitative Modeling.

As an engineerign student this is not very difficult as I have already taken statistics, but it is very well explained and structured Excellent course in the fundamentals of quantitative modeling.

As the name of the course states, we went through the fundamentals of quantitative modeling.

Although it's called Fundamentals of quantitative modeling it don't got to be to basic.

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easy to follow

Easy to follow and covered a good amount of material.

The structure and course materials was easy to follow and the video tutorials were excellent.

The examples were easy to follow and helped make sense of some complex concepts.

Very easy to follow, and a very suitable introductory class.

Incredibly clear and easy to follow, for what can be a daunting topic for most.

Everything was very clearly explained and it was easy to follow.

This course was very easy to follow and gave a great insight into basic quantitative models.

Very clear and easy to follow!

Simple language which makes the course easy to follow.

it was a great experience doing this course Fantastic course, Crystal clear, easy to follow It's a very basic course on quantitative modeling.

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very well explained

Very well explained and simplified... for a non- initiated student like me it was really good!

The concepts have been very well explained and thank you Professor Waterman.I wished if you had given us some practical examples to solve.

Very well explained.

Very well explained!

Very well explained, without being too detailed, the focus is on the main characteristics of business modeling concepts.

Easy and productivity for people technical education Excellent course!It is very well explained, and the content is very helpful.

Very well explained with good examples.

The basics of Modeling are very well explained, with sufficient examples which helps to really understand what is being taught (sometimes the theory can be overwhelming, and it is much easier to understand with the help of examples) Excellent entry level course on the fundamentals of business modelling.

Everything is very well explained and communicated by the Professor.

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highly recommend

Overall, it's a very good course, worth the money and time and I will highly recommend people to take it.

For anyone looking to get their head around modelling for Business I'd highly recommend.

I highly recommend to all who are interested in modelling reality to its nearest precision to start from here.

Following courses build directly upon this one, so I highly recommend!

I would highly recommend, to anyone, IT or business managers, professionals in all areas to take this course.

Highly recommend it.

Highly Recommended Useful!

Highly recommended.

I would highly recommend this course to beginners.

Highly recommended!!

Highly recommended!

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richard waterman

Richard Waterman is simply excellent.

Excellent!I have learnt a lot during this course.Even though there are no direct interactions during the videos, Professor Richard Waterman still manages to keep it very engaging including excellent dry wit.I found the course quite challenging seeing as I have very little background in Finance/Business modelling, although I have sufficient work experience to help me through.The modules content was explained with clarity.Thank You, Coursera, Thank You, Professor Richard Waterman!

I would like to thank Prof. Richard Waterman and the Coursera team for making this course available.

And Thanks to Sir Richard Waterman, I loved the concepts and understood them easily.

clear and specific, better teaching than my university The learned instructor Mr Richard Waterman is great in explaining sophisticated mathematical/statistical terms or concepts in simple, concise and easy-to-understand way.

Mr Richard Waterman is an amazing professor.

The Course is very great and helful and live examples of course instructor Sir Richard Waterman are make understanding concept easily.

Richard Waterman is a great teacher.

Professor Richard Waterman introduces even the complex topics so smoothly and effortlessly that a student can understand it in a single sitting.

Richard Waterman is good at explaining.

Professor Richard Waterman's explanations are clear and concise.

It's wonderfully taught by Prof. Richard Waterman.

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real world

Not enough about formulas or real world application.

Could use more excel based exercises and examples but overall good broad explanations of different models I felt that there were insufficient examples to help us gain a better understanding of the concepts being taught Though introductory in nature for someone familiar with Math, the real world examples and corresponding explanations makes it really worth it.

This course provides with the basics of modelling and establish steady connect between mathematical tools and real world business solution.

Excellent beginner material providing you basic concepts of quantitive modelling which provides the base to modelling of real world projects.

This course is a jumpstarter for those who are new to modeling and their real world applications in business.

Really superficial overview, I suppose it's good for just familiarizing oneself with assigning the appropriate model, but to shallow for any real carry over to the real world.

Instructor is clear and provides real world examples.

I previously studied modelling from data science perspective, but I really like business related examples in the course to link all the theory to real world problems.

I learned the basics of how can we relate a quantitative models in real world business.

I personally would have appreciated more examples and more interactive exercises to fully understand how to put all the theory (which is a lot) in practice, making it useful for the real world and to solve business decisions.

Adds perspective into modeling using real world examples.

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learning experience

Great learning experience.

great learning experience Great Course.

What a great learning experience Gained lot of knowledge.

Really enjoyed the learning experience .

If I had to do this over again I would take course 2 first then course 1. really good Very straightforward learning experience.

Thanks for the great learning experience!

Estuvo excelente, aunque había visto la mayoría en mi curso de pregrado sé que este tema no es para todos y es la base para poder modelar los modelos de aquí en adelante This was a very good learning experience for me, I was able to visualise the need for modeling, linear regression, univariate and multi variate.

It was a good learning experience.Though usage of more examples would have been more beneficial .

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looking forward

Looking forward to staying motivated and learn more.

Very clear and easy pace, and very interesting, looking forward for another Wharton course.

Looking forward to completing this specialization.

I am looking forward to the next stages and so far I would definitely recommend it to my friends!

Really looking forward to next course, which would teach spreadsheet implementation.I think this course will help professionals and students from a variety of fields, i.e.

I am looking forward to taking the next courses in the series.

Thank you for the knowledge, i am looking forward for the next course.

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real life

In depth explanations are provided with a great reference to real life illustrations which helps a lot in understanding concept/methods with a much simpler approach.

It was great to learn how to use mathematical functions in real life business problems!

The lecturer is amazing and breaks down every conception with real life examples.

I enjoyed a lot this course that show how simple math can be used in real life.

In-depth and comprehensive material that grants students with real life implementation of curriculum materials Very clear and articulate explanation of the concepts.

Definitive examples makes it so much easier for students without mathematical backgrounds to grasp the concept and encourages us to think of applying these theories to real life problems.

Great Course, Amazing teacher explaining complicated concepts in a very simple manner with real life examples on how to use quantitative models.

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quiz questions

It would have been easier to solve practical quiz questions if the module included some information on how to actually solve the problems.

The quiz questions should have answers as well.

Quiz questions were just tricky enough for one to slip up.

Would've liked to had that correct answers to the quiz questions that I missed.

Lecture is taught in a clear and precise format and the majority of quiz questions come straight from the corresponding lecture.

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high school

Spent 6 days to complete it Review of simple high school math Useful introductory course to models great content and teaching You can learn about differents probabilistic models and how to use them.

Well put together, however, if you have had a reasonable high school math education, most of the content will be known to you.

However, I think this course might be hard if you never did any more advanced (high school) math.

I hope this Microdegree will get into some kind of complexity otherwise will remain high school level.

I never knew that what I learned in high school in the past can actually be used to come up with models to solve business problems.

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Careers

An overview of related careers and their average salaries in the US. Bars indicate income percentile.

Counseling Theories & Models Part-Time Faculty $17k

Trainer of Evidence Based Models $54k

Quantitative Developer (C++, Python, R) NYC $104k

Analyst, Risk & Quantitative Analysis $114k

Quantitative User Experience Researcher $114k

Quantitative Finance Analyst Manager $117k

Assistant Adjunct Professor Statistical Models $122k

Quantitative Trading Analyst $124k

Senior Quantitative Engineer $124k

Risk Analytics Tools and Models Program Manager $136k

Quantitative Researcher, Growth $136k

Quantitative Analyst Manager 1 $288k

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Rating 4.5 based on 875 ratings
Length 5 weeks
Effort 4 weeks of study, 1-3 hours/week
Starts Jul 3 (43 weeks ago)
Cost $99
From University of Pennsylvania via Coursera
Instructor Richard Waterman
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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