Full course descriptionThis course deals with a toolbox from econometrics and applied operations research. Particularly, the following quantitative methods are extensively discussed:
2. Regression analysis
3. Time series
4. Linear programming
5. Integer linear programming
7. Multiobjective optimization
Besides, students learn how to read manuscripts on the level of current scientific standards, and give presentations using the advanced quantitative reasoning in managerial decision making.
Course objectivesKnowledge of crucial theoretical tools for analysing the data and managerial decision making. Ability to translate a verbal fuzzy description of a business problem into the mathematical model.
PrerequisitesTRANSITIONAL REGULATION (EBC4104):
Only for students who started one of the following programmes/specialisations prior to academic year 2020/21:
* Master Business Research - No specialisation (Note: only if you are taking "Information Management and Business Intelligence" disciplinary courses!)
* Master International Business - Information Management and Business Intelligence
Education (last opportunity in 2020/21) + Exam/Resit (last opportunity in 2021/22)
NOTE: You may replace this course with EBC4264
Recommended readingJ.E. Hanke and D.W. Wichern, Business forecasting, International Edition, Pearson Education.
C.T. Ragsdale, Managerial Decision Modeling, Thomson South-Western.
5 Sep 2022
28 Oct 2022
6 Feb 2023
7 Apr 2023
Teaching methods:Assignment(s), Paper(s), PBL, Presentation(s), Research, Work in subgroups
Assessment methods:Assignment, Participation, Written exam