Decision Sciences

The Department of Decision Sciences offers courses designed to understand and utilize quantitative methods used in decision-making in business-related fields.

3 semester credits. This comprehensive course is designed to equip students with the essential skills and knowledge to navigate the data-driven landscape of today’s business world. Through hands-on exercises, students will develop practical skills in data manipulation, visualization, and interpretation, using industry-standard tools to turn raw data into meaningful insights. As the course progresses, it delves into predictive modeling and optimization analytics. From understanding the fundamentals of data analysis to exploring advanced techniques such as predictive modeling and optimization analytics, this course empowers students to extract actionable insights and drive informed decision-making.

3 semester credits. The course is designed for non-accounting or finance majors. It addresses both the traditional and the modern analytical processes and theories of business decision-making. Topics include problems inherent to the decision-making process, negotiation as a useful means, and multi-criteria decision analysis. The focus of the course will be on decision support systems such as computer-based solution tools, effective spreadsheet design and use, databases, and expert systems. Decision-making theories address alternatives, criteria, loss functions, and risks.

3 semester credits. The course introduces students to basic statistical concepts used in business research, analysis, and decision-making. Topics include descriptive statistics, probability, probability distribution, and estimation. The course also covers an introduction to statistical data analysis computer software.

3 semester credits. The course is an introduction to simulation models for business decision-making purposes. Emphasis will be on building and analyzing models for a variety of applications, including manufacturing and service systems. Coursework involves both theory-based lectures and discussions as well as practical application through computer-based exercises. Prerequisites: Topics in Decision Science or equivalent.

3 semester credits. This course explores the major concepts and theories of the psychology of bargaining and negotiation, and the dynamics of interpersonal and inter-group conflict and its resolution. Students will familiarize with negotiation strategies and planning, as well as with ethics in negotiation. This course will also focus on international and cross-cultural negotiation strategies.