Analytical Decision Making Tools

Summer 2021 > Management & Business > POMS.6240 > 081

Course No: POMS.6240-081; SIS Class Nbr: 1548; SIS Term: 3040
Course Status: Registration Closed

Course Description

This course covers principles and techniques of applied mathematical modeling for managerial decision making. Emphasis is on the methods of prescriptive analytics, including optimization models, decision analysis, simulation modeling, and risk analysis. Problems studied will include applications in finance, health care, marketing, operations, and management. Cases studies will be used extensively to demonstrate the practical use of models to improve managerial decision making. In addition to developing and applying models, emphasis will be placed on explaining the models and interpreting their results.

Prerequisites, Notes & Instructor

  • Prerequisites: POMS.6010 Operations Management, or Matriculated MS Business Analytics, or Business Analytics Certificate, or Matriculated MS Engineering Management, or permission of program coordinator
  • Credits: 3; Contact Hours: 3
  • Instructor: Thomas Sloan
  • UMass Lowell Bookstore

When Offered & Tuition

  • Online Course
  • 2021 Summer: May 17 to Jul 11
  • Course Level: Graduate
  • Tuition: $1965
  • Note: There is a $30 per semester registration fee for credit courses.

Related Programs: Graduate Certificate in Business Analytics, M.S. in Business Analytics, Online MBA, M.S. in Accounting, M.S. in Engineering Management, M.S. in Finance

Every effort has been made to ensure the accuracy of the information presented in this catalog. However, the Division of Graduate, Online & Professional Studies reserves the right to implement new rules and regulations and to make changes of any nature to its program, calendar, procedures, standards, degree requirements, academic schedules (including, without limitations, changes in course content and class schedules), locations, tuition and fees. Whenever possible, appropriate notice of such changes will be given before they become effective.

Course Registration Closed

The registration period for this course has ended.

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