05.01.2015 Views

Download the MBA booklet - University of Nicosia

Download the MBA booklet - University of Nicosia

Download the MBA booklet - University of Nicosia

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>MBA</strong> – 709 MANAGEMENT SCIENCE<br />

This course aims to introduce students<br />

to Management Science - a scientific approach<br />

that uses rational analysis and<br />

objective reasoning to help managers make<br />

better and faster decisions. The course<br />

covers a range <strong>of</strong> management science<br />

methods and explains how managers can<br />

put <strong>the</strong>ir problem solving and decision<br />

making on a scientific, logical and rational<br />

basis. The course concentrates on applications<br />

ra<strong>the</strong>r than <strong>the</strong>ory and its topics<br />

are described by examples, with complex<br />

<strong>the</strong>oretical argument having been kept to<br />

a minimum. In today’s complex business<br />

environment, firms are required to process<br />

ever-increasing amounts <strong>of</strong> information<br />

and operate under fierce competition.<br />

These challenges create a growing demand<br />

for managers who possess <strong>the</strong> technical<br />

and analytical skills required to exploit<br />

<strong>the</strong> available resources and to improve<br />

business performance.<br />

21

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!