Basic introductory statistics. Students will not be required to write code (R or python), but occasionally you will be required to run or slightly edit pieces of code provided by the instructor. Almost all numerical work will be conducted using "point-and-click" recipes in Data Science Studio by Dataiku. Thus, students should have a willingness and interest in learning powerful new software tools and working with real-world data to transform it into usable management insights.
All Non-Booth students require instructor approval: strict. Enrollment of non-Booth students in Bus 40206 Healthcare Data Analytics is by application. The application (https://chicagobooth.az1.qualtrics.com/jfe/form/SV_1AFEJJjNWTFIuzQ) will close on December 2, after which students will be notified of their selection.
Cannot enroll in 40206 if you have taken 40205 or 40201: strict.
Students may take this course and Bus 40721 (Healthcare Analytics Laboratory) either concurrently or sequentially in any order. These courses are organized similarly to typical college-level science courses, with both a lecture component (Bus 40206) and a lab component (Bus 40721). Thus, students who take both receive the complete educational experience, but students may also choose to take only one. Students in Bus 40206 receive foundational learning in the healthcare industry through the lens of business analyses using data, as well as training in conducting business analyses in an interface that does not require prior coding or data analysis experience. Students in both courses use Data Science Studio (DSS) by Dataiku, while students who take Bus 40721 also use Tableau to create data visualizations.
Students who choose to take Bus 40721 without having had Bus 40206 will need to complete trainings in both DSS and Tableau. Typically, teams in Bus 40721 include at least some members who have taken Bus 40206, and thus they are able to share any material from that course that is directly relevant to the project with other team members. Students who choose to take Bus 40206 without taking Bus 40721 will not benefit from reinforcing and applying their learnings to a real-world project and sponsor. Students who take both courses will benefit from having a broad understanding of how business analyses are conducted in the healthcare industry, and how their lab project fits into the broader industry landscape. They will be fully prepared to conduct business analyses in the healthcare industry from day one of employment as a consultant, analyst, or manager.