Course period: 3.
Year of study: 1.
Optional module

The primary educational objective is to acquire theoretical knowledge in terms of solving business decision problems, handle traditional and advanced methods for decision-making under certainty, uncertainty and risk.

In theory area student obtains the necessary knowledge in the area of decision problem solving. Practical skills: student applies theoretical knowledge to solve specific tasks.

Brief module description:

  • Preliminary findings from decision-making theory.
  • Decision-making methods in terms of  certainty.
  • Multicriterial decision-making.
  • Traditional methods of decision making under risk and uncertainty.
  • Advanced decision-making methods under risk.