Online Course – Certified Professional Internship in Time Series and Ordered Data Analysis from the Institute for Advanced Studies

Enhance your capabilities with SAS Visual Forecasting and advanced data forecasting software.

Suggested by: Coursera (What is Coursera?)

Professional Certificate

Intermediate level

No prior knowledge required

Time to complete the course

7-day free trial

No unnecessary risks

Skills you will acquire in the course

  • Technological skills
  • Data analysis capabilities
  • Creative problem solving
  • Interpersonal communication skills
  • Time management
  • Ability to work in a team
  • Critical thinking
  • Organizational skills
  • Understanding of economic concepts
  • Presentation skills

What you will learn in the course

Courses for which the course is suitable

  • Data Scientist
  • Forecasting Analyst
  • Business Intelligence Analyst
  • Quantitative Analyst
  • Machine Learning Engineer
  • Predictive Modeler
  • Statistical Analyst
  • Operations Research Analyst
  • Data Engineer
  • Analytics Consultant

Internship – 3-part course series

Using SAS Visual Forecasting and other SAS tools, you will learn to explore time series, create and select features, build and manage a large-scale forecasting system, and use a variety of models to identify, evaluate, and predict important signal components.

Hands-on Learning Project

In this internship project, students will discover signal components in high-value series and then specify custom specifications that fit these series. These custom specifications are integrated into a large-scale forecasting system that students have created to automate the process of model creation, model selection, and forecasting.

Main processes in the project:
  • Detecting signal components in high value series
  • Custom specifications breakdown
  • Integrating the specifications into a large-scale forecasting system
  • Automate the model creation process
  • Model selection and prediction
  • Adapting to recurring events and anomalies in the data production process

Students adjust for recurring events and anomalies in the data generation process to improve the automated prediction system.

Details of the courses that make up the specialization

Creating features for time series data

Course 1

  • Duration: 7 hours

Course Details

What you’ll learn

This course focuses on data exploration, feature generation, and feature removal for time series. Topics covered include:

  • Buffering
  • Sharpening
  • Transformations
  • Operations on datasets for time series
  • Spectral analysis
  • Singular spectrum analysis
  • Distance indicators
  • Motif analysis

In this course, you will learn to perform motif analysis and apply spectral or frequency domain analysis. You will also discover how distance measures work, implement applications, explore signal components, and create features for time series.

This course is suitable for analysts with a quantitative background as well as experts in the field who want to add tools to their time series toolbox. Before starting the course, you should be comfortable with basic statistical concepts. You can gain this experience by completing the Statistics with SAS course. Familiarity with matrices and principal component analysis may also be helpful, but is not required.

Building a large-scale automated forecasting system

Course 2

  • Duration: 10 hours

Course Details

What you’ll learn

In this course, you will learn to develop and maintain a large-scale forecasting project using SAS Visual Forecasting tools. The initial emphasis will be on:

  • Choosing appropriate methods for data generation and variable transformations
  • Model creation and model selection
  • Improving basic forecasting performance by changing default processes in the system

This course is suitable for analysts who want to improve their learning skills with analytical tools suitable for examining, transforming, modeling, predicting, and managing data that contains variables collected over time. Furthermore, the course is mainly based on syntax, so analysts taking this course should have basic knowledge of coding. Experience with an object-oriented programming language is beneficial, as is familiarity with working with large tables.

Modeling time series and regular data

Course 3

  • Duration: 11 hours

Course Details

What you’ll learn

In this course, you will learn to build, refine, extend, and in some cases interpret models designed for a single set of sequences. There are three modeling approaches presented:

  • The traditional Box-Jenkins approach to time series modeling was discussed in the first part of the course.
  • The Bayesian approach to time series modeling is discussed next.
  • Machine learning algorithms for time series is the third approach.

The course concludes by considering how forecast accuracy can be improved by combining the strengths of the different approaches. The final lesson includes demonstrations on creating combined (or ensemble) forecasts and hybrid models.

This course is suitable for analysts who want to improve their learning skills with analytical tools suitable for examining, transforming, modeling, predicting, and managing data that contains variables collected over time.

This course uses a variety of different software tools. Familiarity with Base SAS, SAS/ETS, SAS/STAT, and SAS Visual Forecasting, as well as open source tools for handling structured data and modeling, is helpful but not required. The lessons on Bayesian analysis and machine learning models assume prior knowledge of these topics. One way students can gain this background is by completing the SAS courses: Bayesian Analysis with SAS and Machine Learning with SAS Viya.