Decision Analysis

The minor in Decision Analysis is designed to provide students with a solid foundation of mathematical and quantitative tools essential to sound decision-making. All areas of academic study such as sociology, psychology, and health sciences may benefit from the application of analytical thought. Thus, this program assists students in all majors across campus in formulating optimal solutions to common problems they will encounter in their professional lives. Students enrolled in the Decision Analysis program will acquire the skills to critically evaluate alternative solutions to complex questions in an analytical and pragmatic manner. Upon graduation these students will find themselves better prepared to assume responsible positions of authority and to perform their professional duties in a resourceful and productive manner.

In addition to the University requirements and those imposed by the student’s college, a minor in Decision Analysis must complete the following or their equivalents:

Required:

  • QM 262 Quantitative Analysis I
  • QM 263 Quantitative Analysis II

Three courses from Groups A and B with at least two from Group A

    Group A:

  • QM 326 Business Forecasting
  • QM 364 Decision Support Systems
  • QM 369 Topics in Quantitative Methods

   Group B:

  • ECO 319 Introduction to Econometrics
  • ECO 418 Mathematical Economics
  • QM 498 Independent Study in Quantitative Methods