ATLANTA, Oct. 28, 2015 (GLOBE NEWSWIRE) -- In a competitive market and supply environment with more dependence on data, the Executive Education program at Carnegie Mellon University's internationally ranked Tepper School of Business, in partnership with leading analytics and optimization company ORTEC, is offering managers a program addressing immediate business needs, leveraging cutting-edge education with direct application to daily business.
Utilizing the expertise of the faculty and researchers from the Tepper School recognized worldwide in analytics, this unprecedented program will bring new techniques to the intersection of data and business decision-making. This course highlights a new direction in the school's Executive Education: a hybrid on-site/online, flexible approach that focuses on the application and practical implementation specific not just within industries, but to a certain company's business. In the end, students earn a Carnegie Mellon Advanced Analytics Certificate for Operations Optimization.
To launch this new course, the Tepper School is partnering its distinction in analytics and acclaimed faculty with ORTEC Consulting, a 30-year specialist in business analytics that will facilitate the application and optimization in practice. Participants in the course will work with a coach throughout the program on a project modeled from their company – an area to improve with direction from faculty and coach – then applied in their business every day. The six-part course is designed to produce a results-oriented program benefitting operations managers from a wide array of industry sectors.
"We put great value into education and are excited to join this unique opportunity to apply advanced analytic theory to individual business challenges as part of an executive education program," said Cindy de Groot, Managing Director at ORTEC Consulting, a division of ORTEC, one of the world leaders in optimization software and analytic solutions.
"The world of supply chain is rapidly changing, and nothing reflects this more than the vast amount of data that is being generated," said Mike Trick, Senior Associate Dean for Faculty and Research, and Harry B. and James H. Higgins Professor of Operations Research. "But companies need new skills to take advantage of all this data. This innovative certificate allows firms to gain the analytical skills to take advantage of new opportunities. The Tepper School faculty are known for their analytical approach to business problems, and this certificate program allows access to that expertise in a hybrid format that uses executive time most efficiently. Combine this with the experience that ORTEC provides, and this is a great example of how business education, from broad-base to customized to issue-specific, can be applied in a return-on-investment manner that benefits companies small and large, local and multinational."
Enrollment is open for the program that begins in April 2016. Core analytics and advanced operations, among other tenets, will be presented in three live online and three live onsite modules. The blend of practical, theory and big data will be taught by CMU faculty experts in such areas as managerial statistics, demand forecasting, customer analytics and forecasting, data mining, change management and implementation approaches.
ORTEC, which has offices in the United States, Europe, Australia, Brazil and Singapore, has a history in customized education courses in Europe. Several of ORTEC's senior experts are affiliated with the world's top universities where they teach mathematics and operations research courses and guide graduate student research. The University of Amsterdam and ORTEC established a very successful joint education program with a similar purpose: bringing analytics within the reach of any company.
The Tepper School's Executive Education program is positioned to keep organizations at the forefront, driving sustainable growth via pioneering strategy, techniques and information. In addition to the new Advanced Analytics program, it also has launched initiatives for Women's Academies and other continuing and developmental education approaches.
For more information, please see the website for the Tepper School Executive Education program or visit www.ortec-consulting.com.
About the Tepper School of Business - Founded in 1949, the Tepper School of Business at Carnegie Mellon University (www.tepper.cmu.edu) is a pioneer in the field of management science and analytical-decision making. The school's notable contributions to the intellectual community include nine Nobel laureates. The school is among those institutions with the highest rate of academic citations in the fields of finance, operations research, organizational behavior and production/operations. The academic offerings of the Tepper School include undergraduate studies in business and economics, graduate studies in business administration and financial engineering, and doctoral studies.