WHAT ARE THE PREREQUISITES FOR ENROLLING IN THE WHARTON BUSINESS ANALYTICS CAPSTONE COURSE

The Wharton Business Analytics Capstone course at the University of Pennsylvania is typically taken during a student’s final semester before graduating with their Bachelor of Science in Economics degree from Wharton. As the culminating course in Wharton’s Business Analytics concentration, the capstone aims to provide students hands-on experience in integrating the various business analytics skills and techniques they have learned throughout their prior coursework.

Given its advanced role in the business analytics curriculum, several prerequisites must be fulfilled before a student can enroll in the capstone course. Chief among these is the completion of the introductory and core business analytics classes. Students are required to have successfully finished the following four courses:

STAT 101 – Introduction to Statistics and Data Analysis
This entry-level course introduces students to core statistical concepts and methods used for business analytics. Key topics covered include probability distributions, statistical inference, regression analysis, and experimental design. Successful completion of STAT 101 demonstrates a student has obtained foundational statistical literacy.

OPIM 210 – Introduction to Marketing and Supply Chain Analytics
As a follow-up to STAT 101, OPIM 210 provides an overview of marketing and supply chain analytics applications. Students learn how to synthesize and analyze customer data, optimize inventory levels, and predict product demand using statistical techniques. Completing this course verifies students can apply statistics in business contexts.

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OPIM 303 – Introduction to Analytics Modeling
OPIM 303 delves into predictive modeling methodologies central to business analytics such as logistic regression, decision trees, and time series forecasting. Students gain hands-on experience building models in R and interpreting results. Passing this class confirms a student’s proficiency with analytics modeling workflows.

OPIM 475 – Data Analysis and Prediction
The capstone’s direct prerequisite, OPIM 475 explores advanced analytics topics like unsupervised learning, recommender systems, and machine learning algorithms. Students apply their knowledge to a major semester-long business case requiring data wrangling, exploratory analysis, and model development. Passing this course demonstrates a student’s readiness for the capstone.

In addition to the core analytics course prerequisites, students must also have completed the associated lab sections that accompany STAT 101, OPIM 210, and OPIM 303. These half-credit labs give students supplementary practice implementing analytic methods in software like R, Python, SQL, and Tableau. Completing the labs ensures students have experience using analytics tools that will be heavily relied upon in the capstone.

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To gain the full benefit of the project-focused capstone experience, students are recommended to have completed additional courses from Wharton’s business curriculum covering functions like finance, accounting, marketing, and operations. Exposure to these business domains helps students apply their analytics skills to solving real-world management problems. While no specific business courses beyond the core are mandatory, exposure is encouraged.

The culminating capstone course challenges students to integrate their business analytics training through a large team-based consulting project with a corporate partner. Students must also have senior standing, meaning they need to have accumulated at least 90 credits, to ensure sufficient time remains after the capstone to complete their degree. This senior standing prerequisite not only guarantees students’ availability to devote significant effort to the semester-long project but also verifies their general readiness to transition into industry upon graduation.

Once all the prerequisite coursework and senior standing are confirmed, student admission into the capstone is still not guaranteed, as spots are limited each semester to facilitate close faculty supervision of projects. Students must apply during the preceding semester by submitting their academic transcripts, resumes, and statements of interests. Admission is competitive based on prior academic performance in the core analytics classes. A minimum cumulative 3.3 GPA is also usually required to ensure students have demonstrated excellent analytical skills and problem-solving abilities.

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To enroll in Wharton’s Business Analytics Capstone course, students must fulfill several prerequisites demonstrating their extensive training and high proficiency in the business analytics concentration. The core coursework requirements in statistics, predictive modeling, and data analysis provide theoretical foundations. Additional labs and business exposure offer practical tools and contexts. And senior standing verifies availability to fully engage in the multifaceted capstone consulting project experience. These comprehensive prerequisites ensure students enter the capstone well-equipped to excel and gain tremendous hands-on value from applying their analytics skills to solve real business problems.

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