- by Rhyan Walcott
Students of today can prepare themselves to be the top managers of tomorrow by taking the relevant math courses focused on the analysis of statistics and the impact it has in making company decisions. This is why Statistics is a course commonly offered in many MBA programs & often a required.
Courses that help students better understand the information they receive and that give them the ability to make decisions based on such information are highly recommended.
In order to understand the data sets and how to plot them, students and future managers should take advanced Statistics courses as it allows a more in depth look at statistics in regards to bigger sample sizes and the significance of quantitative data. However, if students and managers are unable to take advantage of math courses to gain a better understanding of big data, there are options available so that they do not fall behind and may still capitalize on such a powerful trend. This option deals with the utilization of big data analysis tools that have been developed to help mangers and companies make sense of the information available to them.
By utilizing analysis tools, such as GoodData or Datameer, companies can analyze big data faster and easier by utilizing the spreadsheet-like user interface that many employees can understand. Although, math courses would be the key to grasp a complete understanding of the significance behind the big data, it is still possible for top managers and students to benefit and comprehend the information as a result of the available analysis tools on the market.