Prescriptive Analytics
Source: https://www.dtu.dk/english/education/graduate/msc-programmes/business-analytics/specialization/prescriptive-analytics Parent: https://www.dtu.dk/english/education/graduate/msc-programmes/business-analytics
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 two optional specializations, each allowing you to become a specialist in certain areas:
- Predictive Analytics
- Prescriptive 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) |
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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) |
| 42136 | Large Scale Optimization using Decomposition | 5 | point | Spring F2B (Thurs 8-12) |
| 42417 | Simulation in Operations Management | 5 | point | June |
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Example study plans
Autumn start
Polytechnical foundation
Programme specific courses
Thesis
Electives
1.Semester
42577\ Introduction to Business Analytics
5 point
42114\ Integer Programming
5 point
42500\ Innovation in Engineering (Polytechnical... Innovation in Engineering (Polytechnical Foundation)
5 point
12106\ Quantitative methods to assess... Quantitative methods to assess sustainability (Polytechnical Foundation)
5 point
Electives \ Electives
10 point
2.Semester
42576\ From Analytics to Action
5 point
42578\ Advanced Business Analytics
5 point
42137\ Optimization using metaheuristics
5 point
42136\ Large Scale Optimization using... Large Scale Optimization using Decomposition
5 point
02435\ Decision-Making Under Uncertainty
5 point
42417\ Simulation in Operations Management
5 point
3.Semester
42115\ Network Optimization
5 point
42112\ Mathematical Programming Modelling
5 point
Electives II \ Electives
20 point
4.Semester
Thesis \ Thesis
30 point
\
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.
Polytechnical foundation
Programme specific courses
Thesis
Electives
1.Semester
42137\ Optimization using metaheuristics
5 point
42500\ Innovation in Engineering (Polytechnical... Innovation in Engineering (Polytechnical Foundation)
5 point
12100\ Quantitative methods to assess... Quantitative methods to assess sustainability (Polytechnical Foundation)
5 point
Electives I \ Electives
15 point
2.Semester
42577\ Introduction to Business Analytics
5 point
42114\ Integer Programming
5 point
42115\ Network Optimization
5 point
42112\ Mathematical Programming Modelling
5 point
42417\ Simulation in Operations Management
5 point
Electives \ Electives
5 point
3.Semester
42578\ Advanced Business Analytics
5 point
42576\ From Analytics to Action
5 point
42136\ Large Scale Optimization using... Large Scale Optimization using Decomposition
5 point
02435\ Decision-Making Under Uncertainty
5 point
Electives II \ Electives
10 point
4.Semester
Thesis \ Thesis
30 point
\
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.