In today's business landscape, a fundamental grasp of algorithms and computer programming has become indispensable for professionals. Although closely related, these concepts differ in their scope and application. An algorithm is essentially a systematic set of instructions aimed at solving a specific problem, while a computer program comprises instructions that a computer executes, inherently bounded by its finite capabilities. This course is designed to equip participants with the ability to conceptualize algorithms and employ programming to implement them effectively.
The intertwining of algorithms and programming within the business realm is evident across various domains. For instance:
- Mobile applications serve as both commercial platforms and products, highlighting the fusion of business strategies with technological innovation.
- In finance, the utilization of advanced algorithms has led to the emergence of high-frequency trading, revolutionizing market dynamics.
- Modern data analysts are tasked with processing vast volumes of data to extract actionable insights crucial for informed decision-making.
- Blockchain technology facilitates the creation of smart contracts, leveraging computer programs to automate transactions involving digital assets.
Across these scenarios, a common thread emerges: the identification of a problem, the application of algorithms to address it, and the delivery of solutions through software applications. While a solid business background is essential for defining objectives and customer requirements, a nuanced understanding of programming capabilities and challenges is equally vital during software design.
This course aims to provide business students with a basic understanding of the technical aspects underlying digital innovation. By bridging the gap between business acumen and technical proficiency, participants will be empowered to collaborate effectively with computer science professionals and engineers, actively contributing to the development of innovative digital products.
The curriculum unfolds in three main phases:
- Defining business problems and outlining the prerequisites for effective solutions.
- Exploring the principles and foundational concepts of algorithms.
- Utilizing Python to translate abstract algorithms into functional computer programs.
Through this structured approach, participants will gain practical insights into leveraging algorithms and programming to tackle real-world business challenges.