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Courses - Fall 2023
BMGT
Business and Management Department Site
BMGT230
Business Statistics
Credits: 3
Grad Meth: Reg
GenEd: FSAR
Prerequisite: MATH113 or MATH115; or must have math eligibility of MATH120 or higher.
Restriction: Must not have completed ENCE302, ENME392, STAT400, BMGT231, or ENEE324.
Introductory course in probabilistic and statistical concepts including descriptive statistics, set-theoretic development of probability, the properties of discrete and continuous random variables, sampling theory, estimation, hypothesis testing, regression and decision theory and the application of these concepts to problem solving in business and management.
Where a BMGT exam conflicts with a regularly scheduled class, the student will be provided with a makeup exam.
BMGT289I
Why Good Managers Make Bad Decisions
Credits: 3
Grad Meth: Reg, P-F, Aud
GenEd: DSSP, SCIS
This course provides an overview of the concepts, approaches, and vocabulary of evidence-based management (EBM) and provides an understanding of how experts in many disciplines can employ evidenced based decision making. EBM is an emerging movement in business to explicitly use the current best information in management decision making with special emphasis on relevant scientific findings and unbiased organizational facts. The course stresses how individuals practicing EBM learn how to rethink their approaches to data and knowledge in order to make more effective decisions.
Why do smart managers make flawed decisions? Why do managers keep believing they have made the right choice, even with disastrous results staring them in the face? Why Good Managers Make Bad Decisions will address how evidence-based management and other decisionmaking tools can be used to uncover hidden assumptions in the corner offices of great corporations.