6 ECTS credits
150 h study time

Offer 1 with catalog number 1023162CNR for all students in the 1st semester at a (C) Bachelor - specialised level.

Semester
1st semester
Enrollment based on exam contract
Impossible
Grading method
Grading (scale from 0 to 20)
Can retake in second session
Yes
Enrollment Requirements
Students who want to enroll for this course, must have obtained at least 30 ECTS-credits on bachelor level and have passed the following course: Mathematics for Business Economics II
Taught in
English
Faculty
Faculty of Social Sciences & SolvayBusinessSchool
Department
Business Technology and Operations
Educational team
Vincent Ginis (course titular)
Activities and contact hours

36 contact hours Lecture
36 contact hours Seminar, Exercises or Practicals
78 contact hours Independent or External Form of Study
Course Content

Series analysis (including Taylor, Fourier).
Dynamical systems analysis (including steady state analysis, eigenvalue methods, phase portraits).
Stochastic analysis (including Markov chains, Monte Carlo simulations).

Course material
Course text (Required) : Syllabus of course notes will be available
Handbook (Recommended) : Mathematical Modeling, Meerschaert, M., 4th edition, Burlington, MA etc.: Elsevier Academic Press, 9780123869128, 2013
Additional info

Not applicable.

Learning Outcomes

Algemene competenties

Gain insight:
Formulate concepts in own words and connect the different concepts from advanced analysis with each other.
 
Reflection:
Use mathematical techniques in an economical context.
 
Skills:
Students acquire modelling skills that allow them to use the mathematical toolbox from Mathematics for Business and Economics I and II (or equivalent courses) to solve a variety of problems. Rigourous mathematical techniques required for reasonable solution are introduced as necessary.
 
Students are able to apply optimization models, series decompositions, simulate dynamic models; apply stochastic models.

Grading

The final grade is composed based on the following categories:
Written Exam determines 100% of the final mark.

Within the Written Exam category, the following assignments need to be completed:

  • Written Exam with a relative weight of 100 which comprises 100% of the final mark.

Additional info regarding evaluation

Not applicable.

Allowed unsatisfactory mark
The supplementary Teaching and Examination Regulations of your faculty stipulate whether an allowed unsatisfactory mark for this programme unit is permitted.

Academic context

This offer is part of the following study plans:
Bachelor of Business Economics: Business and Technology
Preparatory Programme Master of Science in Business Engineering: Business and Technology: Default track