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IB702 - Modelling & Analysis for Management

  • Module code: IB702
  • Module name: Modelling & Analysis for Management
  • Department: Warwick Business School
  • Credit: 10

Content and teaching | Assessment | Availability

Module content and teaching

Principal aims

This module is designed to introduce the student to the ideas of modelling and to the relevance of modelling for management. The emphasis is upon the student being a critical consumer of quantitative information and quantitative modelling. It is not intended that the module will turn the student into an experienced modeller but that it will teach the student to understand the importance of, and benefits to be gained from, modelling for management. It is also intended that the student should be able to have sensible and meaningful conversations with specialists who are experienced modellers. Furthermore, it is intended that the student should be able to ask relevant and pertinent questions of such specialists and comprehend their replies. Therefore the module is concerned with the context and process of modelling rather than with the technicalities underlying specific modelling approaches.To become a critical consumer of modelling it is necessary to consider some of the modelling approaches in some detail. Therefore the module considers a variety of approaches that are commonly used in a business and management environment. However, it is not intended that the focus will be solely on the mechanics of those approaches but upon the interpretations to be placed upon the output of the models and upon the usefulness of such output to management. As a further guide to the situations where such models may be used, and how they may be employed, the module considers a number of case studies based on applying the techniques in actual business situations.

Principal learning outcomes

Subject knowledge and understanding: 1. Demonstrate an awareness of the contribution that modelling and analysis techniques can make to organisations.2. Identify business situations where modelling and analysis tools may be applied.3. Understand the requirements for, and benefits and pitfalls of, applying modelling and analysis tools.Cognitive skills: 4. Critically analyse modelling work undertaken in organisations.Key Skills: 5. Work in groups to solve problems cooperatively.6. Clearly present their findings.

Timetabled teaching activities

Total contact hours: 30; Lectures per week: 30; Module duration (weeks, if applicable): 5days. Other: Intensive five days of teaching and collaborative group work

Departmental link

https://my.wbs.ac.uk

Module assessment

Assessment group Assessment name Percentage
10 CATS (Module code: IB702-10)
A1 (Assessed work only) Assessed Course Work 20%
Assessed Course Work 80%

Module availability

This module is available on the following courses:

Core
  • Postgraduate Taught Business Administration (Public Services) (N1A6) - Year 2
  • Postgraduate Taught Business Administration (Public Services) (N1A6) - Year 3
Optional Core
  • Postgraduate Taught Business Administration (Executive) (N1P9) - Year 10
  • Postgraduate Taught Business Administration (Executive) (N1P9) - Year 2
  • Postgraduate Taught Business Administration (Executive) (N1P9) - Year 3
  • Postgraduate Taught Business Administration (Executive) (N1P9) - Year 4
  • Postgraduate Taught Business Administration (Executive) (N1P9) - Year 5
  • Postgraduate Taught Business Administration (Executive) (N1P9) - Year 6
  • Postgraduate Taught Business Administration (Executive) (N1P9) - Year 7
  • Postgraduate Taught Business Administration (Executive) (N1P9) - Year 8
  • Postgraduate Taught Business Administration (Executive) (N1P9) - Year 9
  • Master of Public Administration (N1PF) - Year 2
  • Master of Public Administration (N1PF) - Year 3
  • Master of Public Administration (N1PF) - Year 4
  • Master of Public Administration (N1PF) - Year 5
  • Master of Public Administration (N1PF) - Year 6
Optional

N/A