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Certificate in
Business Decision Analysis

This certificate is designed for adult students who are interested in developing quantitative skills to support managerial decision-making. It provides an in-depth study of the fundamentals of quantitative management methods and is designed to develop skills and knowledge necessary for the effective use of the vast amounts of data available today for business analysis.

For detailed certificate and program information, please visit

See more courses and programs relating to Business, Management, Economics, and Urban Planning.

Admission Criteria

It is recommended that applicants have the following:

OSSD with six Grade 12 U or M credits (including one in Mathematics), or equivalent, or mature student status with some experience in business.

Undergraduate students wishing to pursue a continuing education certificate program should be aware of possible restrictions; please refer to Curriculum Advising for complete details.

Program Open House

Students who have questions about the admission criteria and/or would like to know more about this certificate are invited to attend a Program Open House. Please see Open House for dates, times, and location.

Certificate Requirements

The successful completion of six courses, with a cumulative grade point average of 1.67 or higher, is required for the certificate.

Supplies to Be Purchased by the Student

A calculator with specialized statistical features is integral to many Quantitative Methods courses. Software and calculator specifications will be announced at the first class.

Certificate Registration

Students may be registered in only one certificate program at any one time. To allow maximum flexibility in crediting external courses and/or courses previously taken at Ryerson, students should register in the certificate at the beginning of their first course (see also Courses and Programs FAQ). For complete details on the advantages of early registration, registration deadlines, and Transfer Credit restrictions, all students should read Registration in a Certificate Program.

Awards and Financial Aid

If you require financial assistance, you may apply for merit-based awards and/or need-based financial aid. As well, students officially registered in a Chang School certificate program may be eligible for funding through the Ontario Student Assistance Program (OSAP). For a complete list of certificate programs approved by OSAP, visit the Student Financial Assistance website.

Requirements for Graduation

To graduate, you must successfully complete, within your official timespan, the published certificate curricula from the year you registered in the certificate program. In some circumstances, certificate requirements may change, resulting in courses no longer being available. In such cases, Course Substitutions/Directives may be requested. Also, you must apply on RAMSS to graduate, prior to the appropriate application deadlines (see Important Dates). For complete details, all students should read Graduation.

Required Courses

Students must select either ((CMTH 304 or CMTH 380) and CMTH 404) OR (CQMS 102 and CQMS 202). Course selections may not be combined from both groups.

CMTH 304   Mathematics:  Probability and Statistics I
CMTH 380   Mathematics:  Probability and Statistics I
CMTH 404   Mathematics:  Probability and Statistics II
CQMS 102   Quantitative Methods:  Business Statistics I
CQMS 202   Quantitative Methods:  Business Statistics II

Electives (select four)

CGMS 422   Global Management Studies:  Quality Management
CIND 123   Industrial Engineering:  Data Analytics: Basic Methods
CITM 501   Information Technology Management:  Decision Analysis
CQMS 442   Quantitative Methods:  Multiple Regression for Business
CQMS 521   Quantitative Methods:  Business Optimization
CQMS 703   Quantitative Methods:  Business Forecasting Techniques

Professional Development

You can receive an acknowledgement of professional achievement once you have successfully completed three courses as follows:

Professional Development Award: Applied Analytics and Statistics for 21st Century Decision-Making requires completion of three courses: CIND 123 and (CQMS 102 AND CQMS 202) or ((CMTH 304 or CMTH 380) and CMTH 404).