Instructor
Program
Open Courses
Term
Summer (May-Aug)
Timing
Tuesdays at 12:40 pm - 4:00 pm
Format
In-person
Course Overview
This course has two major objectives: to develop your ability to frame business decision problems in a way that makes them amenable to quantitative analysis, and to train you in some fundamental techniques useful for analyzing and solving these problems.
The course draws on three toolkits:
- Spreadsheets to model business problems.
- Optimization techniques to solve complex decision problems involving many variables and constraints.
- Monte Carlo simulation for understanding and analyzing uncertainty.
Examples from different functional areas will demonstrate how the techniques taught can be applied in a practical way to a variety of settings.