- Type Validation
- Level Intermediate
- Time Months
- Cost Paid
Business Decision Making
Issued by
Northeastern State University
Students acquire the basic concepts and methods of business analytics. Students will apply techniques of data visualization, descriptive and predictive data mining, spreadsheet modeling, optimization modeling and Monte Carlo simulation to analyze data and support business decision making. Badge earners must complete the following course: MGMT 4103 - Business Decision Analysis
- Type Validation
- Level Intermediate
- Time Months
- Cost Paid
Skills
Earning Criteria
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Completion of relevant coursework in a formal classroom environment. Instructional strategies include: audio visual materials, discussion, computer-based training, practical exercises, lectures.
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SLO 1. Specify a business problem or opportunity
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SLO 2. Identify potential alternative solutions
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SLO 3. Clarify objectives and develop performance matrix
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SLO 4. Address decision tradeoffs
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SLO 5. Quantitatively analyze decision alternatives using spreadsheets
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SLO 6. Analyze risks using such methods as probability analysis
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SLO 7. Apply advanced problem solving approaches using such Excel spreadsheet feature