Master’s in Data Science for MIT MicroMaster's Graduates Courses & Curriculum | Northwestern SPS - Northwestern School of Professional Studies

Course Descriptions and Schedule

Please note that course schedules may be amended due to low enrollment, faculty availability, and/or other factors.

MSDS 460-DL : Decision Analytics

Description

This course covers fundamental concepts, solution techniques, modeling approaches, and applications of decision analytics. It introduces commonly used methods of optimization, simulation and decision analysis techniques for prescriptive analytics in business. Students explore linear programming, network optimization, integer linear programming, goal programming, multiple objective optimization, nonlinear programming, metaheuristic algorithms, stochastic simulation, queuing modeling, decision analysis, and Markov decision processes. Students develop a contextual understanding of techniques useful for managerial decision support. They implement decision-analytic techniques using a state-of-the-art analytical modeling platform. This is a problem and project-based course.

Prerequisites: MSDS 400-DL Math for Modelers and MSDS 401-DL Applied Statistics with R.