Mathematical Process Modelling

2021/2022

Academic Year

ENG

Instruction in English

4

ECTS credits

Delivered at:

Bachelor's Programme in Digital Product Management

Course type:

Compulsory course

When:

3 year, 4 module

Instructor

Седаков Артем Александрович

Course Syllabus

Abstract

Management science deals with decision making within a managerial context. It encompasses a number of systematic approaches to making decisions in problems often encountered by managers. In the modern world, intuition in decision making can be an unsafe guide. The distinctive feature of management science is the construction of an explicit, simplified model of relevant aspects of the decision making situation under study. Such models are often based on quantitative mathematical approaches, but may at times have a more qualitative character.