Quantitative Methods for Business
This course introduces students to managerial decision analysis using quantitative tools. The course will introduce students to the practice of using and building mathematical models that would help managers make informed decisions. Focus is on the applied aspects of statistics and math. As such, the course will cover the basics of probabilistic and statistical techniques, decision analysis, linear programming, optimization, forecasting, and waiting-line theory.
The objective of this course is to allow the student to develop the necessary skills and conceptual tools to understand and deal effectively with human behavior in organizations. Special emphasis will be placed on employee motivation, teamwork, leadership, communication, conflict and negotiation, in addition to an overview of attitudes, values, personality, and perception.
This course introduces engineering students to the entrepreneurial process starting from the point of idea generation, through to business plan development. Starting a new organization is an extremely risky venture. This course introduces the students to the risks involved in addition to the necessary steps that, if taken, will lead to a decrease in these risks. The course is highly experiential in the sense that students go through the mechanics of the entrepreneurial process, and end up preparing a full business plan based on their own research. Students are required to submit a hard copy of their plan, and make a 15 minute-presentation to the class and guests.
This course covers the principles, practices, and functions of operations management using modern decision making tools. Foundation skills in project management, quality management, product and facility design, inventory control systems, supply chain management, statistical process control (SPC), materials resource planning, and other topics are examined using problem solving and computer simulation.
This course provides the students the necessary skills to manage their business projects using effective techniques in leading, organizing, scheduling, and controlling the tasks contributing to the project goals. Topics include selection and statement of work of projects; skills of project managers and task break down structure, PERT/CPM scheduling and budgeting.