No Prior Technical knowledge is required but Ideal for Candidates who had studied Economics and Business Studies.
Business Simulation Bootcamp The continuous operation of a business depends on the management’s success in solving problems. These problems can occur at various stages and obstruct the progress and performance of the business. In order to solve a problem, it is necessary to make well-informed decisions. However, decisions in the field of business cannot be left on the personal attitudes of individuals. This course provides an introduction to modelling and simulation that can be applied to various fields, especially those that are outside the science and engineering fields. It is an important tool in solving and understanding numerous and diverse problems. This course provides an orientation to the theory and applications of modelling and simulation from a multidisciplinary perspective.
1. Fundamentals and contribution of modelling and simulation
2. Describe how to model and simulate business processes
3. Explain statistical concepts for discrete event simulation
4. Describe how to model continuous systems and human behaviour
5. Describe the importance of verification, validation, and accreditation
6. Explain distributed simulation and Monte Carlo simulation.
7. Discuss the future and uses of simulation
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.