An Intensive 5-day Training Course
Practical Econometrics for Managerial Decision Making
Developing Insights from Multivariate Models and Analysis

Course Introduction
"Doing econometrics can feel like trying to learn the laws of electricity by playing the radio." - Economist Guy Orcutt
“Econometrics is the quantitative analysis of actual phenomena, based on the concurrent development of theory and observation, related by inferences.” Economist Paul Samuelson
This comprehensive Econometrics training course will integrate the concepts, variable-analysis, interpretation, and applications to forecasting and managerial decision making of sophisticated multivariate econometrics modeling.
It will provide senior managers with high-level skills and techniques to both perform basic econometric analysis, as well as interpret and apply econometrics outputs to a wide range of quantitative and qualitative problem-solving – covering all facets of hypothesis testing, variables selection, data types, statistical analysis and error tolerances, along with inferences-insights, correlations, and trends.
This Econometrics training Course will utilize inexpensive software applications linked within Excel to perform high-level econometric research-analysis-review on par with the “best practices” used in contemporary economics, corporate forecasting, and Wall Street investment banking – helping managers become fluent in the terminology and process-application of econometrics to everyday decision making contexts.
Objectives
From this Econometrics training course, delegates will learn to:
- Design and produce all facets of an original business research study
- Collect and format various types of quantitative and qualitative data
- Perform different models of multivariate econometric analyses with applications in Excel
- Analyze detailed statistical output from econometric model-software
- Draw inferences to support high-level managerial decision making
- Write a detailed, yet succinct, executive summary of research findings
Who Should Attend?
This Econometrics training course is suitable to wide range of professionals including:
- Research and Development / Product Development Teams
- Business Development Staff
- Financial Officers
- Revenue Officers
- Board Members
Course Outline
Day One to Day Five
- Model Design, Hypotheses, Variables, Structure, Outcomes, Quantitative and Qualitative Inputs
- Software Options - Linking Models and Confirmation Metrics
- Cross Sectional Samples - Time Series Sequences - Longitudinal Tracking
- Primary Data vs. Secondary Data Costs and Acquisition .
- Descriptive Outcomes vs. Predictive Outcomes - Dummy Variables / Indicators / Surrogates
- Single-Variable vs. Multi-Variable Descriptors and Predictors - Correlation vs. Cause-And-Effect
- Punctuated Trending vs. Real-time Fluidity - Static Formations vs. Dynamic-Changing Models
- Micro-economic vs. Macro-economic Decisions - Indicators, Lagged Variables, Barometers/Bellwethers
- Problems of Multicollinearity and Autocorrelation - Caveats of Explaining Variance
- Drawing Inferences Rather than Conclusions and Confidence Intervals in Econometric Forecasts
- Packaging analysis-results for Optimum Explanation & Problems with Overreach of Statistical Outputs
- Personal-Managerial Bias Impacts Interpretation and Distilling Data Output into Actionable Intel
- Disseminating Data Output for Maximum Decision Making Impact
Certificate
On successful completion of this training course, Oxford Management Centre Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor will be awarded to the delegates
Accreditation

In association with
FREQUENTLY ASKED QUESTIONS
Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:
- Telephone: +971 50 985 0174
- E-mail: info@oxford-management.com
Yes, Oxford Management Centre is accredited by the following professional bodies;
National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.
Yes, discounts are available. For further information please call +971 50 985 0174 or email, info@oxford-management.com
Note: Discounts are not applicable with any other special offer that may be available.
All course bookings made through Oxford Management Centre are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.
Oxford Management Centre reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.
There are 2 easy ways to register:
- Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
- E-mail: Send your details to info@oxford-management.com
We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.
For more information request, email info@oxford-management.com or call +971 50 985 0174.
The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.
While, online training fees cover the course presentation and digital documentation and relevant materials.
The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.
Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.
Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.
Upon receipt of your registration form, we will send you the following by e-mail:
- Registration Confirmation
- Invoice/Receipt (where appropriate)
If you register online you will receive an e-mail within 24 hours confirming your registration.