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Business Decision Analysis

My Distance Learning College

Description

For those involved in business, particularly for those in managerial positions, the ability to make effective decisions or to contribute to the decision-making process is of vital importance.

The ability to use mathematical techniques is becoming an increasingly important part of the manager's "tool kit", especially as low cost and more powerful information technology becomes accessible and enables more sophisticated techniques to be utilized.

The examples and activities utilized within the course will provide some clues as to the range of applications to which Business Decision Analysis (BDA) can be put. Throughout the course you will have the opportunity to work on problems relating to investment decisions, marketing and distribution, and product development.

By working through the exercises you will begin to understand the potential which BDA can bring to improving decisions in areas as diverse as organizational planning and forecasting, human resource management and manufacturing.

This course cover topics such as:

  • An Introduction to Business Decision Analysis
  • Decision Analysis
  • Linear Programming
  • Regression Analysis
  • Time Series Analysis
  • Simulation


Outcomes

On completion of your course, you will receive two qualifications:

Business Decision Analysis Diploma

Business Decision Analysis Diploma issued by My Distance Learning College, entitling you to use the letters SAC Dip after your name.

NCFE Level 4 Business Decision Analysis Award

This Course leads to an NCFE Level 4 Award Certificate for successful learners. That means that it is independently accredited at a level of learning equivalent to level 4 on the National Qualifications Framework (NQF) for England, Wales and Northern Ireland (in which case GCSE's are at levels 1 and 2 and A Levels are at level 3). In accrediting the program at level 4, NCFE attests that its learning outcomes are at an equivalent level to a level 4 national qualification.

This award has been designed by My Distance Learning College to meet specific learners' or employers' requirements. Accreditation by NCFE is a guarantee of quality. It means that this learning program has been scrutinized and approved by an independent panel of experienced educational professionals and is quality audited biannually by NCFE.


Assessment

After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

course quick facts
course code DED9401
cost $493.00
estimated time to
complete course
90 Hours
course materials
available
365 Days