Prescriptive Analytics - Specialization
Prescriptive Analytics
The tools used by an engineer in Business Analytics, are often grouped in:
- Descriptive Analytics, which can answer the question “What has happened?”
- Predictive Analytics, that focus more on finding out “What will happen?”
- Prescriptive Analytics, where actions are taken and thus answers the question “What should we do?”
The MSc in Business Analytics builds upon this concept and offers three optional specializations, each allowing you to become a specialist in certain areas:
- Predictive Analytics
- Prescriptive Analytics
- Transport Analytics
The specialization in Prescriptive Analytics will bring the student to focus on advanced optimisation methods. You will learn not only how to solve planning problems of any scale, but you will also be able to simulate their outcome.
Aside from the mandatory courses from the mandatory core competence courses, the specialization in Prescriptive Analytics requires you to select the core competence courses in the following matter.
Select the complementary courses to the one from the general competencies ( so that you will have taken all three courses):
| 42112 | Mathematical Programming Modelling | 5 | point | January |
| 42114 | Integer Programming | 5 | point | Autumn E4A (Tues 13-17) |
| 42137 | Optimization using metaheuristics | 5 | point | Spring F2A (Mon 13-17) |
and at least two of the following courses:
| 02435 | Decision-Making Under Uncertainty | 5 | point | Spring F4A (Tues 13-17) |
| 42115 | Network Optimization | 5 | point | Autumn E4B (Fri 8-12) |
| 42117 | Transport Optimization | 5 | point | Autumn E2B (Thurs 8-12) |
| 42136 | Large Scale Optimization using Decomposition | 5 | point | Spring F2B (Thurs 8-12) |
| 42417 | Simulation in Operations Management | 5 | point | June |
Example study plans
Autumn start
Innovation in Engineering (Polytechnical... Innovation in Engineering (Polytechnical Foundation)
Electives
Thesis
Spring start
Spring start is a bit more complex, as most introductory courses will only be available on the second semester. The following study plan is an example of how a to follow the Prescriptive Analytics specialization with spring start.
Thesis
Specializations are merely recommended ways of choosing the courses in the curriculum. Applicants are not admitted to a specialization but to the programme and it is possible to choose among all the courses in the curriculum following the directions given. However, if a specialization has been fulfilled the title of the specialization may be added to the diploma.