Certification

Applied Information Economics Certification

Whether you are assessing a critical investment decision, prioritizing the entire portfolio or tracking the performance of existing systems, HDR can provide a powerful service. And if you want to eventually learn to do this yourself, HDR has a structured business analyst certification program to get you qualified. By becoming certified in Applied Information Economics (AIE), you and your team will qualify in assisting, managing, and supervising the risk/return analysis projects and the Applied Information Economics implementation projects for your business.

There are four AIE Certification levels.  Level 1 is the most basic and level 4 is the most advanced.  To obtain AIE Certification in each level, you must participate in the corresponding AIE Analyst Training level.  Requirements for all four certifications levels are defined below.


Level 1 Analyst

A Level 1 analyst is qualified to assist on a risk/return analysis project and Applied Information Economics implementation projects. The Level 1 analyst can build decision models, run Monte Carlo simulations, compute information values, and execute empirical studies. They understand various financial analysis techniques and sampling methodologies. A level 1 analyst works under the supervision of a Level 2 analyst. Business Analyst Certification requires completion of Level 1 training, a score of 85% on the Level 1 Written Exam covering the Applied Information Economics process, financial, statistical methods, and completion of the Level 1 Practical Experience Checklist. This certification level requires AIE Intro, A1, A2, &A3.

Sign up for Level 1 AIE Analyst Training

Level 2 Analyst

A level 2 analyst is qualified to manage a risk/return analysis project and supervise level 1 analysts in risk/return analysis projects. They may provide supervised assistance on Applied Information Economics implementation projects. The Level 2 analyst has more advanced skills in financial, management science, and statistical methods. Business Analyst Certification requires completion of all Level 1 requirements, completion of Level 2 training, a score of 85% on the Level 2 Written Exam covering the Applied Information Economics process, financial, statistical methods, and completion of the Level 2 Practical Experience Checklist. This certification level requires Level 1 AIE Intro, A1, A2, &A3 and  C1, C2, & A4.

Sign Up for Level 2 AIE Analyst Training

Level 3 Analyst

A level 3 analyst is qualified to manage any type of Applied Information Economics project, including risk/return analysis projects and AIE implementation projects. They have the background to run advanced and special case types of AIE analysis. They are authorized to approve items for level 1 and 2 practical experience checklists and they are qualified to conduct level 1 and 2 training. Business Analyst Certification requires completion of all level 1 and 2 requirements, a score of 85% on the Level 3 Written Exam and completion of the Level 3 Practical Experience Checklist.


Level 4 Analyst

A Level 4 is qualified to be a member of the Applied Information Economics Certification Board where training, experience, and certification standards for all levels are determined. Level 4 certification requires special appointment by the AIE Certification Board. The Applied Information Economics Certification Board will consider such accomplishments as innovative work, publications, experience in all types of AIE projects, and recommendations from clients. Level 4’s are expected to be developing new techniques and contributions to the Applied Information Economics body of knowledge.


For more information on becoming a member of the Applied Information Economics Certification Board including information on higher certification levels, contact Hubbard Decision Research today and start your training for Business Analyst Certification.

VIP Subscriber Library Access Downloads

The VIP AIE Tools and Library Access is exclusive access to a one-year corporate license for the entire AIE library of tools and member services. ACCESS TO THE HDR LIBRARY FOR CERTIFIED ANALYSTS & HDR ALLIANCE PARTNERS ONLY This includes the following tools and...

Webinars

Business Webinars

Business webinars are a great tool to easily bring the resources of Hubbard Decision Research to your company and your company’s workers. Webinars are live educational tools which stream from your technological devices, enabling you and your team to learn more about the Applied Information Economics theory from a speaker in real-time! These business webinars focus on a variety of topics all linked to Applied Information Economics and making the soundest decisions for your company based on statistically backed reasoning.

How to Measure Anything in Cybersecurity Risk:  A Preview

With recent breaches in information security, we have to ask – do information risk analysis methods really work?   Is it possible to do better than the popular, but soft, methods that promoted by major standards?  How can scientific rigor be applied to a field believed to be uniquely complex and hard to quantify?

A webinar by Douglas Hubbard and Richard Seiersen, authors of the forthcoming book, How to Measure Anything in Cybersecurity Risk will answer these questions.  In this two-hour session, the authors will cast light on the shortcomings of existing methods and discuss recent results showing how the clever use of quantitative methods provides a rational basis for analyzing cybersecurity investments, based on risk aversion and ROI.

Hubbard and Seiersen will explain how these methods account for errors in human judgment, like overconfidence and inconsistency.  They will demonstrate simple, yet mathematically rigorous graphical techniques of communicating the impact of risks and mitigations even with scarce real data, rapidly evolving technology, and malicious human actors.  The session will completely change the way you think about investments in cybersecurity.

Douglas Hubbard is the author of the popular book How to Measure Anything: Finding the Value of Intangibles in Business  and The Failure of Risk Management: Why It’s Broken and How to Fix It .  Richard Seiersen is the General Manager of Cybersecurity and Privacy at GE Healthcare.”

How to Measure Anything in Information Security Risks:  A Preview                  $49 for a Limited Time


Introduction to Applied Information Economics: The Need for Better Measurements

In this one-hour business webinar, Introduction to Applied Information Economics: The Need for Better Measurements, you will learn an overview of methods that show scientifically measured improvements to management forecasts and decisions. The key to Applied Information Economics (AIE) is how it focuses the analysis on measuring what matters. This has been widely used in many practical business environments including insurance, manufacturing, transportation, utilities, banking, .com startups, and media. AIE is a complete-solution methodology that includes training, tools, process documentation, and initial consulting. For more information on this business webinar contact Hubbard Decision Research.

Introduction to Applied Information Economics: The Need for Better Measurements $150


Calibration Webinar: How to Quantify Your Uncertainty

In this business webinar you will learn the techniques behind subjectively assessing the probability of uncertain events and the ranges of uncertain quantities using the Applied Information Economics method. This is an essential skill for anyone who needs to consider chance in making decisions for their business or organization. Participants will see their skills improve during the training with a series of “calibration exams.”

Included in this package is a one-hour session, Introduction to Applied Information Economics: The Need for Better Measurements.

For more information on this business webinar contact Hubbard Decision Research.

Calibration Webinar – How to quantify your uncertainty: $580


Level 1 AIE Analyst Webinar

Hubbard Decision Research staff will introduce the webinar participants to the Applied Information Economics (AIE) methods so they can measure any “intangible” concept that may happen when working in their organization. Some examples of concepts that may seem tricky to measure include risks. Participants in the business webinar will also be able to look at any portfolio from a risk/return point-of-view.

Level 1 Analyst Package includes the AIE Intro, and modules A.1, A.2, A.3, and the certification test at the end.

Level 1 AIE Analyst: $1,450


Level 2 AIE Analyst Webinar

In an intensive multi-part business webinar series. Doug Hubbard, the author of How to Measure Anything and the inventor of Applied Information Economics (AIE), will delve deeper into how to use his Applied Information Economics methods to measure any “intangible” concept, place value on these concepts, to think of risk like an actuary, and how to look at any investments, policies or portfolios from a risk/return point-of-view.

Level 2 AIE Analyst: $2,000

2010 Spring Webinars are Available

See the webinars page to sign up for intensive training sessions for Applied Information Economics.  You can take the popular “Calibration” webinar or even sign up for the full AIE Module I & II training (required for AIE Level I certification).  Each webinar is scheduled for multiple dates and times so that you are sure to find something that fits your schedule.  Contact HDR for group rates.