QTM3630 Time Series Analysis
(Formerly QTM3671 Forecasting Methods)
Advanced Liberal Arts This course will introduce time series models and discuss advanced forecasting methods in the context of real financial data and decision-making situations. The objectives of the course are to provide experience in using time series data (e.g., sales, profits, stock prices, economic indicators, industry sector indicators) to explain the impact of various internal and external factors and predict future trends; to provide a framework for comparing alternative forecasting models for validity, accuracy, and feasibility; to enhance an appreciation for the limitations of forecasting models; to provide exposure and experience in using statistical software to develop forecasting models; and to develop skills at communicating statistical results, and inferences effectively in a managerial context. Teamwork and professional presentation of analysis and recommendations will be required during this course.
Prerequisites: QTM2420 or QTM2421 or permission from instructor