Course

Fundamentals of Business Problem Solving

Howard University

This course, offered by Howard University, provides a comprehensive understanding of business problem-solving techniques. Through a series of engaging modules, learners will develop the skills needed to classify data, create models, and utilize Solver in Microsoft Excel to find optimal paths for business problems.

Key learning outcomes include:

  • Developing an understanding of the business process, including identifying opportunities and risks
  • Utilizing Microsoft Excel to create and manipulate spreadsheets
  • Interpreting and analyzing spreadsheet modeling outputs

Each module delves into specific aspects of business problem solving, covering topics such as modeling, analyzing business problems, building different model types, and model optimization. Learners will engage in practical exercises and quizzes to reinforce their understanding and application of the concepts taught.

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Fundamentals of Business Problem Solving
Course Modules

The course comprises four modules that cover business problem-solving essentials, including introduction to modeling, creating basic business models, building different model types, and model optimization.

Introduction to Business Problem Solving

This module serves as an introduction to business problem solving, covering vital concepts such as modeling, spreadsheet techniques, and the utilization of Solver in Microsoft Excel. Learners will engage in practical exercises and quizzes to reinforce their understanding.

Creating a Basic Business Model

Learners will delve into the process of analyzing business problems and creating basic business models. Through case studies and practical walkthroughs, they will develop the skills needed to apply their knowledge to real-world scenarios.

Building Different Model Types

This module focuses on building different model types, including profit models and product mix models. Learners will explore additional modeling tools and engage in practical exercises to reinforce their understanding of the concepts taught.

Model Optimization

Here, learners will explore model optimization using Solver, with a focus on optimizing various business models. Practical application through case studies will solidify learners' grasp of model optimization techniques.

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