BUS 36106 is designed to sharpen students’ analytical skills and elucidate quantitative modeling as an aid in managerial decision-making. This new version of the course teaches various ways to frame, set up and solve managerial questions about resource allocation, revenue management, finance, marketing, operations, risk analysis, data analysis, and forecasting using Microsoft Excel, as well as various tools and add-ins. The course will introduce various modeling frameworks and analytical tools in optimization, simulation, and data analysis. Students in this course will become proficient in formulating relevant managerial questions in the language of optimization and simulation modeling, as well as in solving the resulting problems using the frameworks covered in the course and interpreting the results. The course involves hands-on active learning through in-class cases and examples, homework and term project which applies the tools and modeling frameworks learned in the course to a business problem.
