CIS 211: Business Modeling with Excel Spring 2023
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CIS 211: Business Modeling with Excel
Spring 2023
Course Information:
Day/Time & Location: T + Th 12:30 pm – 1:45pm – Gavett 208
T. + Th. 2:00 pm – 3:15 pm – Gavett 208
Midterm Date: Taken in Class. February 23.
Final Date: Take home final due Wed., May 3 at noon
Professor:
Dan Keating
dan.keating@simon.rochester.edu
https://www.linkedin.com/in/danieljkeating/
Office: 3-217 Carol Simon Hall
Office Hours: M/W 12:00 – 1:00, Signup by Email
TA Information:
12:30 Class: Rola Abouzeina, rabouzei@u.rochester.edu
2:00 Class: Annecia Williams, awill132@u.rochester.edu
Zoom: Linked in Blackboard
Course Information
Contents:
Relation with other Courses in Undergraduate Business Program
Communication and Office Hours
Social Distancing, Online, and the Classroom
Textbooks + Software
Credit-Hour Policy Adherence
Accommodations
Tests and Assignments
Evaluation and Grading
Academic Integrity
Professionalism
Course Schedule/Roadmap
1. Course Description
Excel is the most important software program ever developed : The world runs on it. In this course, students will develop their ability to frame, structure and/or simulate problem situations using Excel. The software skills are important; the problem solving framework might be more so.
The coursework follows the FACt approach to business problem solving and we will cover diverse applications in operational management, supply chain, marketing and finance. Once the problem has been formulated, a range of modeling methodologies and techniques will be employed to analyze business data and situations and to generate conclusions and recommendations for business decision-making. We will work heavily with Excel to create and manipulate spreadsheet models, analytical functions and visualization tools. Methodologies and modeling tools covered in the course will include optimization and linear programming, sensitivity analysis, regression analysis using cross-sectional and time series data, and simulation.
2. Relation with other Courses in the Undergraduate Business Program
Relying heavily on the FACt methodology, at the end of the course, students will be able to:
• Clearly state the business problem / opportunity
o Identify short and long run objectives
o Consider all points of view pertaining to the problem and relate these points of view to one another and to the overall situation
• Develop a framework for problem analysis
o Identify, and relate to the problem situation, relevant key concepts, theories, models and modeling techniques
o Deconstruct problem into sub-problems, generalize and/or specialize problem situation in order to develop diagnostic framework(s) for analysis
• Analyze the problem, using the methodologies and software tools referenced above
• Communicate the outcome of the analysis
o Summarize results and make recommendations for business decision-making
o Describe the robustness of the results, discuss sensitivity analysis and propose avenues for further investigation
o Visualize the data in effective graphical form
3. Communication and Office Hours
All course materials including PowerPoint slides, class notes, class recordings, data sets, and example Excel spreadsheets will be posted on Blackboard. The most recent version of the syllabus and course schedule will also be posted; please check Blackboard for any course announcement or schedule changes. Important announcements will also be emailed to your University email account. Also, I’d like to talk about possibly using Slack as a channel to communicate, together and with me.
I encourage you to reach out during my office hours. And I ask that you schedule time in advance. Best to send me an email to schedule time.
4. Social Distancing, Online, and the Classroom
For now, the class is in person. All classes will be recorded and will be posted as soon as possible, usually within 24 hours. The school would like you to attend in person.
5. Textbook + Software
Textbook (optional) : Spreadsheet Modeling and Decision Analysis: A Practical Introduction to Business Analytics, 8th Edition, Cliff T. Ragsdale, Cengage, 2015
Software: Microsoft Excel (using the Analysis Toolpak, an add-in included with Excel)
6. Credit-Hour Policy Adherence
This course follows the College credit hour policy for 4 credit courses. This course meets twice weekly for 2.5 academic hours per week. The course also includes independent out-of-class assignments for 50 minutes hours per week.
7. Accommodations
If you would like to request an academic accommodation based on having a qualifying disability, please contact both your instructor and the Center for Excellence in Teaching and Learning (CETL), during the first two weeks of the course. Should you need an Accommodation concerning an exam, let’s discuss that before the exam takes place.
8. Tests and Assignments
Assignments will be posted online for you to download. Completed assignments should be uploaded to Blackboard on the link provided. Late assignments will not be accepted. Assignments must reflect your own original work; plagiarism will be considered a violation of academic integrity. At the end of the semester, I will drop your lowest assignment grade when calculating your final average. So, there are 6 assignments, and I’ll count 5 of them.
Spreadsheet Participation: Starting on January 12 (the first class for each section), I’m going to ask that you upload the work you did in Excel during class. The spreadsheet doesn’t have to be perfect: It does have to show that you were following along. Spreadsheets should be uploaded within 3 days of the class taking place.
Exams: There will be an in-class midterm and a take-home final exam/project for this course. The midterm will be in-class (see schedule on next page) and the final will be made available during the last week of class and due during finals week. Makeup tests will not be given, except in the case of officially approved and verifiable excuses under applicable University rules.
9. Evaluation and Grading
The course grade is based on the following breakdown:
|
Raw Score |
% of Grade |
Assignments (5 x 7 points each) |
35 |
32% |
Midterm |
25 |
23% |
Final |
30 |
27% |
Spreadsheet Participation + Class Participation
|
10. Academic Integrity
Cheating will not be tolerated. Students should read carefully the statement on academic integrity in the student handbook. Anyone caught will be punished to the full extent allowed under the University rules. Per University rules, all students will be required to sign the following pledge on each test and the final
exam:
Academic Honesty Certification: I affirm that I will not or did not give or receive any unauthorized help on this exam, and that all work is my own.
Link to University Academic Honesty Policy for Undergraduate Students:
https://www.rochester.edu/college/honesty/undergraduates.html
11. Professionalism
I do not take attendance, but students who miss class frequently typically do not do well in the class. The best way to do well is to come regularly, stay current with the material, ask questions where you are confused and participate in the discussions. If you are late to class or have to leave early, please do so quietly. Please turn off all cell phones before class starts as this is a huge distraction for everyone. Also, please refrain from reading your phone or device, or watching YouTube videos or checking the internet during class as this is a distraction for everyone.
• Treat class sessions like business meetings.
• You are allowed to use laptops and tablets during lecture, but they should only be used for coursework related activities and not for email, social media, or other activities not directly related to the course. Cell phones must be turned off or silenced during class. No photography of any kind is allowed.
• Make every effort to attend each class when it’s your turn in the classroom. You are expected to be in your seat and ready for class at the beginning of each class. Should extenuating circumstances require you to leave early, please let the professor know before the start of class and sit in back so you can leave with as little disruption as possible. The difference between students who do well and those who don’t is attendance.
12. Course Schedule/Roadmap (subject to change)
The course schedule is tentative and may change as we go forward during the semester. Any changes in the schedule will be announced in class and posted on-line (assignment due dates, for example).
2023-05-03