Wednesday, May 6, 2009

MSci 452: Decision Making Under Uncertainty

The most interesting and enjoyable course that I have taken as part of my Management Sciences option has to be MSci 452: Decision Making Under Uncertainty. The course deals with different approaches to decision making process by looking at factors (for example biases) that exist when we are making decisions under uncertainty. Last spring term, when I took the course, it was taught by Professor Scott Jeffrey who clearly enjoys teaching the course material and always has some great advice to share!

In addition to learning a great deal about the mistakes that are made when we make decisions, the course also focuses on how to improve this process. At the end of the term, we were also able to do negotiations, and I believe I speak for the majority of the class when I say that was the most enjoyable part of the course. During the various negotiations, we were partnered up and had to negotiate based on case studies, using what we had learned during the course. We had to negotiate deals for things like buying a car, selling an antique set, and getting funding for a project. This was a fun way to put in use the course material and interact with our classmates.

This spring, if you are looking for a course where you can learn a lot while having lots of fun, take MSci 452!

2 comments:

  1. MSCI option is a good idea as well!

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