By the very nature of life, all of us must continually making decisions that we hope will solve problems and lead to increased opportunity for ourselves or the organisation for which we work. But making good decision is not an easy task. The problem faced by decision makers in today’s fast paced business environment under uncertain conditions are often extremely complex and can be addressed by numerous possible course of action. Evaluating these alternatives and choosing the best course of action represents the essence of decision analysis.
Who is this course for?
This program is designed for middle to higher level managers and decision makers. An organisation will make meaningful gains if more than two decision makers are nominated for a batch.
What will I learn ?
- Probability, Probability distribution, Bayes theorem
- Decision theory, decision model, Decision Tree
- Multilevel decision tree, Value of information
- Utility function, Usage of utility function in decision analysis, Auction & Bidding
About Manipal Executive Education
Manipal Executive Education (MEE) is Manipal Global Education’s corporate and executive education entity based out of Dubai, UAE. It services the Middle East & Africa Region including strategic markets such as UAE, Kuwait, Kingdom of Saudi Arabia, Oman, Qatar & Bahrain.
Its purpose is to deliver world class certification and training programs for students, working professionals and corporates in various formats ranging from classroom based training, online programs and hybrid programs across multiple sectors which are of relevance to the region.
Based out of Dubai Knowledge Village, the HR & Training Hub of Dubai, MEE offers high end certification programs in functional and technical programs across multiple sectors ranging from Logistics, Banking & Financial Services, IT, Telecom, Retail and Hospitality.