Bam 574: MSTM Simulation And Risk Analysis Course
BADM 574 - MSTM Simulation and Risk Analysis Spring 2013
Lectures: ADV: TR 9:30 am - 10:50 am in 2043 BIF GRD: TR 11:00 am - 12:20 pm in 2043 BIF
Final Exam: 7-10 pm, Tuesday May 7, 2013 ADV: 2041 BIF GRD: 2043 BIF
Instructor: H. Dharma Kwon, Assistant Professor of Business Administration, College of Business, University of Illinois Office: Email: Phone: Office Hours: 365 Wohlers Hall dhkwon@illinois.edu 217-333-3522 Tuesdays 2 - 4 pm or by appointment
Note: When you send email to the instructor, your subject line must contain the course title. During the office hours, you can call my office. Course Objectives: This course is about using numbers to make better decisions. The focus will be on “handson” use of quantitative tools for solution …show more content…
The minicases are designed to help you learn the mechanics of the methods covered in class and to give you an opportunity to apply the concepts in simple and illustrative contexts. Please note that minicase assignments require careful interpretation and analysis of the given problems. Points will be deducted if you misinterpret the information given in the case assignments. Discuss your assumptions and clearly explain your quantitative reasoning. Answers (even correct answers) without logical and quantitative reasoning will not receive credit. Minicase analysis assignments will be posted on Compass. This is sometimes an individual assignment but sometimes a team assignment. Late assignments are generally not accepted. Group Project: In the last week of the course, each team will submit an original minicase. The minicase should be based on a real business situation (in the past, in the present, or in the future) and must be analyzed using one or more of the methods or concepts discussed in this course. If you’d like, you can also add other methodology that is not discussed in class. Each case must consist of two parts. In part 1, a business decision problem must be presented with essential information. It can be a fictional situation, but it must be based on a real business situation. Part 1 might look like one of the short cases that we analyze in this course and the text (excluding exhibits) must not exceed 5 pages typed single-spaced in 12 pt font. (See Darden’s cases for the document format). In part 2, the solution to the problem posed in part 1 must be given. When you construct the minicase, you should have pedagogical values in mind, i.e., think of writing a teaching case or an open-book exam for future MSTM students at the University of Illinois. Your submitted work will be evaluated based on how well the decision analytical framework is utilized to solve a
Lectures: ADV: TR 9:30 am - 10:50 am in 2043 BIF GRD: TR 11:00 am - 12:20 pm in 2043 BIF
Final Exam: 7-10 pm, Tuesday May 7, 2013 ADV: 2041 BIF GRD: 2043 BIF
Instructor: H. Dharma Kwon, Assistant Professor of Business Administration, College of Business, University of Illinois Office: Email: Phone: Office Hours: 365 Wohlers Hall dhkwon@illinois.edu 217-333-3522 Tuesdays 2 - 4 pm or by appointment
Note: When you send email to the instructor, your subject line must contain the course title. During the office hours, you can call my office. Course Objectives: This course is about using numbers to make better decisions. The focus will be on “handson” use of quantitative tools for solution …show more content…
The minicases are designed to help you learn the mechanics of the methods covered in class and to give you an opportunity to apply the concepts in simple and illustrative contexts. Please note that minicase assignments require careful interpretation and analysis of the given problems. Points will be deducted if you misinterpret the information given in the case assignments. Discuss your assumptions and clearly explain your quantitative reasoning. Answers (even correct answers) without logical and quantitative reasoning will not receive credit. Minicase analysis assignments will be posted on Compass. This is sometimes an individual assignment but sometimes a team assignment. Late assignments are generally not accepted. Group Project: In the last week of the course, each team will submit an original minicase. The minicase should be based on a real business situation (in the past, in the present, or in the future) and must be analyzed using one or more of the methods or concepts discussed in this course. If you’d like, you can also add other methodology that is not discussed in class. Each case must consist of two parts. In part 1, a business decision problem must be presented with essential information. It can be a fictional situation, but it must be based on a real business situation. Part 1 might look like one of the short cases that we analyze in this course and the text (excluding exhibits) must not exceed 5 pages typed single-spaced in 12 pt font. (See Darden’s cases for the document format). In part 2, the solution to the problem posed in part 1 must be given. When you construct the minicase, you should have pedagogical values in mind, i.e., think of writing a teaching case or an open-book exam for future MSTM students at the University of Illinois. Your submitted work will be evaluated based on how well the decision analytical framework is utilized to solve a