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 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.
The Oxford Management Centre 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
Specifically you 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?
- CFOs looking to design-execute original finance-accounting econometric research studies
- CEOs looking to improve quantitative-based decision -making
- CROs looking to develop new forms and insights for marketing and competition research
- Board Members looking to fully monetize Big Data for the shareholders/stakeholders
- R+D/ Product Development Teams looking for direct connections
- Business Development Directors looking to proactively open up new opportunities
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
Related Courses
Excel for Financial Professionals
Date: 14-18 Jul 2025 Location: London Fee: $5,950
Data Privacy Certification (CIPM and CIPP)
Date: 30 Jun-04 Jul 2025 Location: London Fee: $5,950
Data Strategy Development
Date: 23-27 Jun 2025 Location: London Fee: $5,950
Data Management Body of Knowledge (DMBoK) and Certified Data Management Professional (CDMP) Exam Preparation
Date: 16-20 Jun 2025 Location: London Fee: $5,950
Advanced Data Analysis Application Using the R Programming Language
Date: 20-24 Jul 2025 Location: Jeddah Fee: $5,950
Analytics and Artificial Intelligence for Strategic Management
Date: 14-18 Jul 2025 Location: Dubai Fee: $5,950
Power BI for Finance Professionals
Date: 14-18 Jul 2025 Location: London Fee: $5,950
Storytelling and Visualization
Date: 18-20 Aug 2025 Location: Online Fee: $2,950
FREQUENTLY ASKED QUESTIONS
To check on availability please call Registrar’s Office at +971 50 985 0174. If you have any questions or enquiries please feel free to contact us
- Telephone: +971 50 985 0174
- E-mail: [email protected]
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: [email protected]
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, [email protected]
Note: Discounts are not applicable with any other special offer that may be available.
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 [email protected]
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 [email protected] 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.
