Course Details
PASS / NO CREDIT
Yes (may vary by section)
DESCRIPTION
Hiring, developing, and retaining the right employees is crucial for success in modern firms. Big data is transforming how companies manage talent. This course will teach you how to combine economic frameworks and data analytics to make better-informed decisions on personnel strategy. The course is organized around the "life-cycle" of an employee at a company, starting from hiring, then training, compensation, promotions, benefits, diversity and discrimination, and retention. Each week, we will discuss one stage of this process, using a case discussion to highlight the tradeoffs that companies face, followed by a related data application in the next class. For example, we will use analytics in class to predict the potential of applicants to improve hiring decisions or we will use experimental designs to evaluate the effectiveness of training programs. This class is designed for MBA students who aspire to start, lead, and build businesses; this is not a course for those interested in careers as administrators of human resource management systems. The deliverables consist of in-class case discussions, as well as several individual and group homework assignments and a final take-home exam.
TRACKS
Data Analytics Pathway
Diversity, Equity, Inclusion Pathway
Management Science Major
Strategy Major
Diversity, Equity, Inclusion Pathway
Management Science Major
Strategy Major
PREREQUISITES