Business Analytics 2

Simulation, decision trees, value of information, expected utility theory, risk attitudes, stochastic dominance, risk measures, multi-attribute utility/value theory, modelling uncertainty and multiple objectives in optimization problems.
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Schedule:

Teaching time:

Daytime

Location:

Espoo

Topic:

Leadership and strategy

Form of learning:

On-campus

Provider:

Aalto University Open University

Level:

Advanced

Credits:

6 By Aalto University (ECTS)

Fee:

€ 90.00

Application period:

12.12.2022 – 2.1.2023

Course description

Management Science uses analytical models to help make better business decisions. This course focuses on models for supporting decision making under uncertainty, risk and multiple objectives. After taking the course the student can (i) recognize the types of real-life business problems where the use of models adds value, (ii) interpret results of these models to derive defensible decision recommendations, and (iii) build and solve these models computationally to support business decision making.

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