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In this course, you will learn how to create models for decision making. We will start with cluster analysis, a technique for data reduction that is very useful in market segmentation. You will then learn the basics of Monte Carlo simulation that will help you model the uncertainty that is prevalent in many business decisions. A key element of decision making is to identify the best course of action. Since business problems often have too many alternative solutions, you will learn how optimization can help you identify the best option. Learners participating in assignments will be able to get free access to the Analytic Solver Platform.
A minimum 50% aggregate in grades X and XII, along with a 3-year undergraduate degree from a recognised university with a 50% aggregate, or the equivalent
MBA program at Amity Business School Dubai integrates various business disciplines to equip learners with the right knowledge and set of personal and professional skills allowing them to lead businesses in dynamic, diverse, and global environments. Our graduates are strategic thinkers who value diversity and multicultural business cultures. They possess an entrepreneurial mindset and are able to thrive in group dynamics and make sound data-driven business decisions.
The Master of Business Administration program at Amity Business School Dubai integrates various business disciplines to equip learners with the right knowledge and set of personal and professional skills allowing them to lead businesses in dynamic, diverse, and global environments. Our graduates are strategic thinkers who value diversity and multicultural business cultures. They possess an entrepreneurial mindset and are able to thrive in group dynamics and make sound data-driven business decisions.
In this course, you will learn how to create models for decision making.
