Management Science

This course provides an overview of the concepts and methods of management science. Sometimes referred to as prescriptive analytics or decision analytics, management science is a subset of the larger field of business analytics and focuses on the use of math models to make better business decisions. The primary goal of the course is to help you become a more skilled builder and consumer of models. The course will show you how to use Excel spreadsheets effectively for business analysis and introduce you to some of the more important analytic methods including optimization and simulation. These methods will be applied to problems arising in a variety of functional areas including operations, finance, and marketing.STEM-designated.