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MANAGEMENT STUDIES

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MS 3044
BUSINESS MODELLING
CREDIT POINTS 15

Course Co-ordinator: Dr J D Lamb

Pre-requisite(s): PO 2504 or equivalent.

Note(s): This course is a Management Studies elective but is also available as a curriculum breadth course for Business School students and may be available as an enhanced study course to suitably qualified honours students.

This course provides students with an overview of some of the more commonly applied areas of management science. The course will show students how to use two computer applications ? spreadsheets and a computer simulation package ? to build simple, practical business models to help management decision making. Topics covered include: design and presentation of spreadsheets; applications to operations management, forecasting; introduction to visual interactive simulation models; applications to queueing systems; problem formulation and problem solving.

1 one-hour lectures per week, and 12 one-hour practical (computer-based) classes over the duration of the course.

1st Attempt: 1 one-hour written examination (25%); 1 one-hour computer-based examination (25%); one practical in-course project (50%) in which students build business models and produce spreadsheets and simulation models and a written report of about 1,835 words.

Students may retake a failed examination or failed in-course project. The original grade for elements passed at first attempt will be counted with the grade for resit elements.