Class Visit | Solving Leadership Dilemmas with Analytics

Experience Kellogg’s Evening & Weekend MBA program by sitting in on a real class with our students. Kick off your visit at Kellogg Table, where you’ll meet your student host and grab a quick bite before heading into class.

Solving Leadership Dilemmas with Analytics

This course introduces fundamental concepts and modeling tools for decision making under uncertainty. The pedagogical approach combines business cases, conceptual frameworks of probability and risk analysis, and spreadsheet modeling of managerial decision problems. The course will also provide you with training in state-of-the-art Palisade's DecisionTools Suite to perform and interpret Monte Carlo simulation and decision tree models. Among the concepts discussed in depth are the value of information, option value, selection bias, herd behavior, risk aversion, and the "flaw of averages.'' The concepts and tools are illustrated using business applications in the areas of economics, strategy, operations, and finance.