Analytical decision-making 785

Module code OBS 785
Qualification Postgraduate
Faculty Faculty of Economic and Management Sciences
Module content

The module aims to inform future managers, consultants, and advisors on the psychological processes and biases underlying the decisions made by customers, competitors, colleagues, and themselves, with emphasis on how to incorporate such insights into business. This course will provide new insights into a personal approach to decision-making and enable the development of thinking and influencing skills required for effective strategic decisions, especially when faced with complex or ambiguous situations. Business analytics is covered within the context of decision-making. In addition, an applied decision-making aspect will focus on mastering quantitative modelling tools and techniques for business decision-making and deterministic optimisation techniques.

Module credits 15.00
NQF Level 08
Prerequisites OBS 310 and OBS 320
Contact time 5 block weeks of 3 hours each
Language of tuition Module is presented in English
Department Business Management
Period of presentation Semester 1 or Semester 2

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