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.
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.
