Application of Probability Theory to Business Decision Making EIUBS
Price: AED 807
  • Duration: 6 weeks / 60 hours
  • Timings: Anytime

    Course details

    With growing uncertainty in competitive business environment, managers need to estimate probability of any event happening and based on it make decisions. It is important for Managers and Business Analysts to learn to make such estimates.

    The participants will learn the theory of probability and a complete framework of making estimates of uncertain factors influencing business outcomes using Excel tools.

    Who is this course for?

    1. Graduates and MBAs seeking careers in:
      • MIS
      • Market Research
      • Business Analytics
    2. Working Professionals
    3. Family Business Owners looking to improve business preformance 

    What will I learn?

    Topics and Critical Managerial Abilities - a set of competencies that will be gained out of this course

    • Framework for Analytics based decisoin making
    • Nature of Data, its Organization and Analysis 
    • Statistical Analysis
    • Measuring Uncertanties
    • Decision Analaysis 

    Tools

    MS Excel with advanced features

    Certificate

    You will earn an International Professional Certificate from Europe Innovation Business School, Brussels 

    What sort of jobs require these skills?

    • MIS Executive
    • Business Data Analyst 
    • Business Intelligence Power User

    Updated on 08 November, 2015

    About EIUBS

    Practice based management education with global exposure is a fast evolving need of the contemporary businesses and worldwide there are just a few institutions with limited seats that offer this combination. 
    Vast number of people engaged in business management desire to upgrade their competencies in different areas of management to be able to deliver superior performance. 
    Europe Innovation Business School (EIUBS) specializes in offering practice based management education with global exposure in form of:

    • Short online management courses (duration ranging from two to three months including project work/internship)
    • Residential Executive Management Programmes in Brussels and Pune (duration ranging from two to six months including project work/internship).

    Our programs are addressing unique needs of:

    • Entrepreneurs who wish to start their own ventures or be owner-professionals within family business and desire to scale up their business into a global business
    • Working professionals who wish to move up the corporate ladder in global businesses.

    EIUBS is set up in the heart of Europe, Brussels, with an academic support facility in Pune, India by a highly distinguished core team of academicians coming together from different continents with shared values about imparting practice based management education with a difference, which goes beyond imparting knowledge and enables participants to ‘excel in planning and execution’ and deliver superior performance at business.
    The program offers management education using Experiential Learning approaches and seeks to prepare participants in three critical areas:

    • Development of professional character 
    • Development of critical analytical thinking ability
    • Development of well-defined Critical Managerial Abilities in different subjects of management which empower participants to use management principles, methods, technology and best practices with confidence.
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