Free
This course introduces participants to a powerful tool that enables decision-makers to address uncertainty explicitly overcoming the weaknesses of the more traditional scenario analysis approach.
Course Content
Monte Carlo Simulation
Using Monte Carlo Simulations for improving:
- Cost-based decision-making
- Cost control
- Capital budgeting decision-making
Top speakers
- Prof. Dr. Michael Burkert, University of Fribourg, Subject Area Coordinator
What our students said
- The method that was explained in this module is very interesting
- In my opinion, dealing with uncertainty is a key competence to learn in this programme
- I had the chance to get new tools for my job
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