Applied Decision Modeling with Excel

The program is organised as a web-based part-time study over one semester, and offers an introduction to the use of quantitative techniques that can be used for decision support in a range of businesses.

Campus
Online
Duration
September - December
Structure
Online
Credits
5
Teaching language
EN
Startup
September
Price
Semester and course fee
Application deadline
Aug. 10, 2022

About the programme

Applied Decision Modelling with Excel offers an introduction to the use of quantitative techniques that can be used for decision support in a range of businesses. The program is a basic education in Applied Decision Modelling, and is organised as a web-based part-time study over one semester.

The aim is to give the candidates better competence in order to work with financial-administrative tasks using Applied Decision modelling. The work life
relevance of the program is related to knowledge and understanding of the business' opportunities to utilise decision modelling in planning and operation. The objective is to contribute to efficient and systematic utilisation of resources in businesses.

Companies requires systematic and effective management based on Scientific theoriesand techniques. In this context, Applied Decision Modelling with Excel offers training in important tools and techniques that strengthens companys abilities to efficiently utilise resources and improve decision-making activities. The content of the course is highly relevant for the target group's daily tasks.

The following main modules are included:

  • Introduction to decision modelling (e.g., break-even analysis)
  • Linear- and non-linear programming
  • Simulation models
  • Forecasting Models

Microsoft Excel will be used in all modules. Additionally, pedagogical methods such as (1) text/pictures, (2) short videos, (3) short quizes, and (4) longer quizzes/tests after each module. The whole course will be available on the learning platform Canvas.

Target group
The course is useful for those who have a desire or need of decision modelling in their job. The following may have particular benefit from the study:

•    Economy Employees
•    Analysts
•    Management Employees
•    Managers/Department managers
•    Employees With a Quantitative Focus in their position

Job opportunities

Upon successful completion of the programme you can explain the concept of break-even analysis and describe how changes in price, variable- and fixed costs will affect the solution. You will be able to implement and solve basic revenue-, costs-, profit-, and break-even models using Excel, and assist in the development and use of appropriate models to improve the general performance of various businesses

Read more about the learning outcomes in the Study plan.

Application deadline and admission

The application deadline is August 10. 

Recommended prerequisites:
Some knowledge of basic corporate finance, calculus /mathematics, and statistics is an advantage

How to apply

  • Go to payment and contract studies
  • Then payment and assignments Business School - Faculty of Economics and Social Sciences autumn 2022
  • Select from list: 7067: Applied Decision Modeling with Excel

How much does it cost?

You must pay a semester-fee and a course-fee of kr. 6.850,-
More information about semester-fee.

Curricula and courses

The study plan contains information about the study programme with an overview of courses, learning objectives and forms of assessment. Select the study plan for the year you started the study to find the information that applies to you.

Search all study plans search study plans and courses.

Contact us

If you have questions about applications and admission requirements, you can contact our admissions office at opptak@inn.no or telephone 62 43 00 04.

If you have other questions about the study program, you can contact Center for Lifelong Learning at evu.hhs@inn.no, or one of our employees:

Picture of Line Kristiansen
Study supervisor
Picture of Erik Haugom
Study program manager