Decision Techniques

Problem structuring, modeling, decision making and its techniques will be considered, with specific emphasis on their practical aspects. The course will explore the rational, emotional and group dynamic background of decisions and examine how decision theory, originally developed as a theory for individual decision making, can be applied to organizational decision making processes. This course is intended for students in various management disciplines. It relies on related economics and political science.

Corvinus University of Budapest awards credits based on the ECTS system (2 ECTS credits equals 1 U.S. credit therefore, 6 ECTS credits is equivalent to 3 U.S. credits). At Corvinus University of Budapest, all classes meet for a minimum of 180 minutes per week. Contact hours are calculated through a combination of lecture hours and outside activities which can include (workshops, seminars, fieldwork activities, guest lectures, and independent work) therefore, contact hours may vary on syllabi