Day 5: Advanced Topics and Real-world Applications-

Session 1: Recap and Introduction

  • Begin the final day with a brief recap of the key concepts and skills covered in the previous days.
  • Reiterate the importance of practical application in real-world business scenarios.
  • Outline the objectives for Day 5, which include advanced topics and their application.

Session 2: Time Series Analysis for Forecasting

  • Introduce time series data and its relevance in business forecasting.
  • Discuss common time series components (trend, seasonality, noise).
  • Demonstrate how to analyze time series data using Excel or specialized software.

Session 3: Monte Carlo Simulation and Risk Analysis

  • Explain the concept of Monte Carlo simulation for modeling uncertainty.
  • Discuss its application in risk analysis and decision-making.
  • Provide a hands-on demonstration of Monte Carlo simulation using software tools.

Session 4: Decision Analysis and Scenario Planning

  • Introduce decision analysis as a structured approach to making complex decisions.
  • Discuss scenario planning and its use in strategic decision-making.
  • Present a case study that requires participants to apply decision analysis and scenario planning techniques.

Session 5: Presenting Data and Analysis Results Clearly

  • Discuss best practices for creating clear and persuasive data visualizations and reports.
  • Explain how to effectively communicate findings to non-technical stakeholders.
  • Provide examples of data presentation formats and tools.

Session 6: Final Project Presentations and Feedback

  • Allocate time for participants to present their final projects.
  • Encourage participants to explain their problem-solving approaches and share insights.
  • Provide constructive feedback and insights on their presentations.

Session 7: Course Conclusion and Certificates

  • Summarize the key takeaways from the entire program.
  • Highlight the importance of continued learning and application.
  • Distribute certificates of completion to participants.

Session 8: Open Q&A and Networking

  • Allow participants to ask any remaining questions.
  • Provide an opportunity for participants to network and connect with instructors and fellow participants.