Bachelor
2023/2024
Mathematical Process Modelling
Type:
Compulsory course
Area of studies:
Business Informatics
Delivered by:
Department of Business Informatics
Where:
Graduate School of Business
When:
3 year, 2 module
Mode of studies:
offline
Open to:
students of one campus
Instructors:
Margarita Gladkova
Language:
English
ECTS credits:
3
Contact hours:
30
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.