Courses @ UNIRAZAK

Business Modelling

Credit

3

Level of Study

Bachelor Degree

Synopsis

This course covers the development, implementation, and utilization of business models for managerial decision making. Various techniques for analytical modeling such as forecasting, optimization, simulation, decision analysis and classification are discussed. Students gain mastery in developing complex financial models implemented in decision support systems that cover applications in strategic planning, financial management, operation/project management and marketing research. Overall, the course will provide the student with an overview of analytical techniques for decision support.

Learning Outcomes

  • Demonstrate competence in analysis/development of some common models analytically and graphically.
  • Demonstrate competence in using a spreadsheet for analysis.
  • Interpret model results in the context of the business situation and explain in plain language.
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