IST 6025 - Information Systems for Managerial Decision Making

(3 units)

This course teaches students about managerial decision making and the technologies used to support managerial decision making. Managers make decisions of a routine nature as well as complex ones every day, such as a decision on whether to invest in an emerging technology that could create significant competitive advantage, or, whether to price a product or service higher than the going market rate or lower than the going market rate. This course teaches students the basic concepts of decision-making, decision-support systems, and types of technologies that can be utilized for decision support systems. Examples of technologies that are explored include expert systems, analytical modeling tools, data visualization tools, and decision trees. In addition, the issues of understanding the utilization and interface of the web with useful decision support processes are also discussed.