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Last updated:

September 22, 2023

Duration:

3 months

This course includes:

3 months

Badge on Completion

Certificate of completion

3 months

Description

This is an introductory course on the fundamental principles, problem areas and techniques of Quantitative Methods for business and management. Students will be introduced to the basic concepts of modelling and analysis for supporting decision making. Concepts are introduced through examples of applications. Tools used include basic algebra, graphing and Excel.

Course Objectives

At course completion, you should have:

  • Gained an appreciation for the role quantitative methods play in business decision-making.
  • Achieved a degree of facility modelling and solving management problems using Microsoft Excel.
  • Learned how to employ quantitative decision techniques to analyze managerial problems.
  • Increased critical thinking and quantitative reasoning skills.

Course Content

  • Introduction to Probability
  • Probability Distributions
  • Decision Analysis
  • Utility and Game Theory
  • Introduction to Linear Programming
  • Project Scheduling
  • Waiting Line Models

Further Course Information

Course Curriculum

    • Introduction to Probability 3 months
    • Probability Distributions 3 months
    • Decision Analysis 3 months
    • Utility and Game Theory 3 months
    • Introduction to Linear Programming 3 months
    • Project Scheduling 3 months
    • Waiting Line Models 3 months

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CE.A.R.S Education