This document provides information about the Quantitative Methods for Decision Making course taught at the Indian Institute of Technology Kanpur. The course is a 3 credit compulsory course for first year MBA students. It introduces topics such as decision analysis, probability, Bayesian analysis, hypothesis testing, and regression. Student performance will be evaluated through midterm and final exams, assignments, and class tests accounting for 100% of the final grade. The instructor is Raghu Nandan Sengupta and other faculty members are also listed who could potentially teach the course.
This document provides information about the Quantitative Methods for Decision Making course taught at the Indian Institute of Technology Kanpur. The course is a 3 credit compulsory course for first year MBA students. It introduces topics such as decision analysis, probability, Bayesian analysis, hypothesis testing, and regression. Student performance will be evaluated through midterm and final exams, assignments, and class tests accounting for 100% of the final grade. The instructor is Raghu Nandan Sengupta and other faculty members are also listed who could potentially teach the course.
This document provides information about the Quantitative Methods for Decision Making course taught at the Indian Institute of Technology Kanpur. The course is a 3 credit compulsory course for first year MBA students. It introduces topics such as decision analysis, probability, Bayesian analysis, hypothesis testing, and regression. Student performance will be evaluated through midterm and final exams, assignments, and class tests accounting for 100% of the final grade. The instructor is Raghu Nandan Sengupta and other faculty members are also listed who could potentially teach the course.
This document provides information about the Quantitative Methods for Decision Making course taught at the Indian Institute of Technology Kanpur. The course is a 3 credit compulsory course for first year MBA students. It introduces topics such as decision analysis, probability, Bayesian analysis, hypothesis testing, and regression. Student performance will be evaluated through midterm and final exams, assignments, and class tests accounting for 100% of the final grade. The instructor is Raghu Nandan Sengupta and other faculty members are also listed who could potentially teach the course.
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INDIAN INSTITUTE OF TECHNOLOGY KANPUR
INDUSTRIAL AND MANAGEMENT ENGINEERING DEPARTMENT MBA651: QUANTITATIVE METHODS FOR DECISION MAKING
Instructor: Raghu Nandan Sengupta Office: CC-207 Phone: 6607 (O) Email: raghus@iitk.ac.in Course Name: Quantitative Methods for Decision Making (3-0-0-0-[4]) Course number: MBA 651 Department: Industrial and Management Engineering Pre-requisite N/A Syllabus Introduction to decision analysis and process. Elementary probability theory, conditional probability, Bayesian decision analysis, EVPI, moment generating functions, the central limit theorem, Descriptive and deductive statistics, Hypothesis testing and Regression. Text books 1) Albright, S. C., Winston, W. and Zappe, C. J., Decision Analysis & Decision making, Thomson Press, ISBN(10): 9812435433. 2) Freund, John E, Mathemaical Statistics with Applications, Pearson Education, ISBN(10): 81- 7758-7552. 3) Levin, Richard I and Rubin David S., Statistics for Management, Person Publication, ISBN(13): 978-81-7758-5841. 4) Render, B., Stair, Jr. R. M., Hanna, M. E. and Badri, T. N., Quantitative Analysis for Management, Pearson Publication, ISBN(13): 9788131723739. 5) Taylor III, B. W., Introduction to Management Science, Pearson Publication, ISBN(13): 9788131720714.
Evaluation Methodology 1) 1 st Mid-Term Examination: 20% 2) 2 nd Mid-Term Examination: 20% Page 2 of 2 3) Assignments & Class tests (the numbers would be decided) 30% 4) Final Semester Examination: 30% Total: 100%
Students likely to take this course MBA 1 st year students (compulsory course)
Other faculty members who can teach this course Prof. Kripa Shanker, Prof. A. K. Mittal, Prof. R. R.K. Sharma
Signature of Instructor Sd/- Raghu Nandan Sengupta
