Do you want to learn how to apply formal methods and modelling, focussing on both the analytical and the social aspects of decision making? During this Master's specialisation you will gain the skills and academic knowledge required to become a specialist
In the Master’s specialisation in Business Analysis and Modelling, you will learn about the role of formal modelling and computer simulation for organisational decision-making. You will become a specialist in developing sound simulation models that are valuable when designing and evaluating strategies. Besides that, you will gain understanding in what hinders effective problem solving and implementation of solutions in organisations. The Master's also teaches you the basic terms and concepts of game theory and related decision analysis methods. You will also learn about the individual and social ‘biases and heuristics' leading to suboptimal or even low quality decision-making.