BA 385 - Risk Modeling and Analysis

Firms incorporate uncertainty into their decisions using Monte Carlo Simulation in order to anticipate a wide range of possible outcomes of their decisions. Learners will become familiar with methods to recognize, model and evaluate sources of uncertainty affecting decisions using Palisade Decision Tools software, a tool used by many Fortune 500 companies.

Credits: 3

Clock Hours - (Lect-Lab): (3-0)

Minimum Class Standing: Junior