In this module, students engage with methods of data analysis and business decision theory to enable data-driven and well-informed decision-making in a corporate context. They learn to apply techniques such as decision trees, goal programming, and multi-criteria analysis to model and solve complex decision-making scenarios. Additionally, students reflect on examples of non-rational decision-making behavior and develop critical evaluation skills for decision processes.
In the field of data analysis, students acquire practical knowledge of data preparation, machine learning, and neural networks. They gain a foundational understanding of key concepts such as Artificial Intelligence (AI), Deep Learning, and Bayesian decision theory. Furthermore, they learn how to process and visualize data analysis results using appropriate tools.
Beyond the subject-specific content, students enhance their teamwork and self-management skills by working in groups on projects related to data analysis and decision-making and independently exploring specific topics.
This module provides a practical introduction to the fundamentals of data analysis and decision theory. It enables students to model and optimize business decisions using analytical methods and data-driven approaches.
https://zpa.cs.hm.edu/public/module/439/