Decision Analytics for Consulting

Compulsory prerequisites: Compulsory prerequisite: Business Analytics 2 or similar knowledge. The prerequisites will be checked before the course starts.

Decision analytics comprises methods and tools for supporting better decision making. Often, decision analytics models must be structured in collaboration with human decision makers to capture the decision makers' values, preferences, and beliefs, and to create a sense of ownership of the decision recommendations generated by the model. This course focuses on tools and facilitation techniques in such collaborative decision analytics processes. After taking the course, the student can (i) recognize the types of real-life business problems where the use of models adds value, (ii) facilitate processes for structuring such models in collaboration with human decision makers, and (iii) interpret the results of these models to derive defensible decision recommendations. 

Teaching Language: English

Teaching Period: 2024-2025 Spring IV
2025-2026 Spring IV

Registration:

1. BA master's students, 2. ISM master's students, 3. Other students.