Data Analysis 1: Exploration - Business Analytics track

Graduate Program (& Advanced Certificate) Status

Course Level: 
Master’s
Campus: 
Budapest
Course Open to: 
Students on-site
Academic Year: 
2021-2022
Term: 
Fall
US Credits: 
1
ECTS Credits: 
2
Course Code: 
ECBS5140
Course Description: 

The course can be followed online if the student has a valid reason (approved by the program director) for not being able to show up for class. If classroom teaching is allowed, the student is expected to make every effort show up in the classroom.

Content. This course introduces the critical tasks of data collection and data wrangling, presentation and understanding of descriptive statistics and basics of visualization.  The course focuses on classic statistics methods and their applications, such as data collection and sampling, generalization from the sample to the population and hypothesis testing.

Relevance. About 80% of data science tasks are composed of managing data, from understanding and altering features of the dataset and variables, to combining various datasets. Learning to manipulate and clean dataset, prepare for analysis and carry out exploratory data analysis are crucial skills for anyone set to carry out data analysis.

Learning Outcomes: 

By the end of the course, students will be able to

  • Become familiar with learn the basics of working with data, manipulating datasets, doing exploratory data analysis as well visualization.
  • Be able to produce meaningful descriptive statistics and informative graphs.
  • Successfully formulate research questions that are answerable by empirical analysis;
  • Discuss and interpret results, understand validity and constraints.

Assessment: 

Grading will be based on the total score out of 100, in line with CEU Department of Economics and Business grading guidelines. In particular,

  1. The median student can expect to get a B+
    1. Probably not more than 1/3 of the students can expect to get an A or A-
    2. To pass, students will need to get at least 50% of the overall grade AND at least 50% of the exam. Failure to do so, will yield a Fail grade.

The final grade is based on:

  • start-of-the-class quizzes [10%];
  • one assignment [10%];
  • a final closed-book exam [80%]

To pass, students will need to get at least 50% of the overall grade AND at least 50% of the exam. Failure to do so, will yield a Fail grade

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