Data Science and Decision Support for Airline Finance (Classroom, 3 days)

Some of these topics are also explored in the following virtual classroom course:

About

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 course is available at IATA Training Centers and Regional Training Partner locations, and on-demand as in-house training.

Course code: TALF-93

Course format

  • This classroom course provides 3 days (24 hours) of instruction delivered by an official IATA Instructor.
  • Student performance will be based on an assessment

Prerequisites

  • 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

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 finance.academy@iata.org prior 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.

There are no scheduled classes at the moment

What you will learn

Upon completing this course you will be able to:

  • 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

Course content

  • Technology disruptions in the airline industry
  • Data science and analytics basics
  • Emerging technologies relevant for airline finance
  • Data visualization and financial modelling

Download the Outline

Who should attend

This course is recommended for Managers in:

  • Finance
  • E-commerce
  • Distribution

Certificate awarded

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.

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