Data Science and Decision Support for Airline Finance (Classroom, 3 days)
In today’s age of the digital customer, there is a growing need for data analysts, tech-savvy accountants, finance professionals and value-stream managers who understand digitalization and the transforming airline business. How can you support the business with value-adding recommendations that will enhance commercial performance? This course introduces you to applied data science and machine learning practices in the aviation industry, with a focus on airline finance use cases. It will enable you to effectively identify and answer key business questions through hands-on training with business intelligence (BI) tools. Learn to interpret business needs and build financial reporting that will optimize the decision-making process.
This classroom course provides 3 days (24 hours) of instruction delivered by an official IATA Instructor.
Student performance will be based on an assessment
Participants should have a university degree in finance, accounting, business administration or economics and at least 2 years work experience in airline finance (not necessarily in the Finance department)
Recommended level is Intermediate
The recommended level of language proficiency is ICAO Operational Level 4 for courses in English or the equivalent level for other languages.
How to register
To attend a class scheduled at one of our training centers: Register early and save up to 20%! Please read the Terms for the early bird discount. The discount will be calculated at the time of payment.
Volume discount for Members IATA member airlines registering 3 or more staff for the same qualifying course and training session from the IATA Finance Academy, are eligible for volume discounts: 10% for 3 registrations, 15% for 4 registrations, 20% for 5+ registrations. Volume discount only applies if it is part of one booking, i.e. it cannot be applied to multiple bookings made over time. Member airlines who are interested in the volume discount are kindly requested to contact us at email@example.com to making the booking. Member and DNA discounts may be combined with Early Bird discounts and volume discounts, however any combination of the discounts can’t exceed a cap of 50% off the regular price.
Effectively assess and prioritize business questions using a decision framework
Evaluate the potential of current market-leading analytics tools to aid your business
Build a report using best practices to assist in decision-making
Use analytics strategies to extract relevant information from reports to respond to business needs
Technology disruptions in the airline industry
Data science and analytics basics
Emerging technologies relevant for airline finance
Data visualization and financial modelling
Who should attend
This course is recommended for Managers in:
An IATA Certificate of Completion is awarded to participants obtaining a grade of 70% or higher on all exercises and exams. A special distinction is awarded to participants obtaining a grade of 90% or higher.