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Optimization and Simulation for Business
Business, Management & Finance Program
Madrid, Spain
Dates: 1/16/25 - 6/4/25
Optimization and Simulation for Business
OVERVIEW
CEA CAPA Partner Institution: Universidad Carlos III de Madrid
Location: Madrid, Spain
Primary Subject Area: Business
Instruction in: English
Course Code: 13184
Transcript Source: Partner Institution
Course Details: Level 300, 400
Recommended Semester Credits: 3
Contact Hours: 42
Prerequisites: Mathematics, Statistics
DESCRIPTION
1. Introduction
Process modeling in decision-making problems
2. Optimization of linear models
2.1 Optimality
2.2 Examples: financial planning, etc..
3. Optimization of discrete models
3.1 Optimality
3.2 Examples: project management, electricity markets, etc.
4. Optimization of non-linear models
4.1 Optimality conditions
4.2 Least-squares methods
4.3 Newton's Method
4.4 Examples: estimation of "betas" of stocks, portfolio management, etc.
5. Simulation
5.1 Examples: stock prices, overbooking, etc.
Process modeling in decision-making problems
2. Optimization of linear models
2.1 Optimality
2.2 Examples: financial planning, etc..
3. Optimization of discrete models
3.1 Optimality
3.2 Examples: project management, electricity markets, etc.
4. Optimization of non-linear models
4.1 Optimality conditions
4.2 Least-squares methods
4.3 Newton's Method
4.4 Examples: estimation of "betas" of stocks, portfolio management, etc.
5. Simulation
5.1 Examples: stock prices, overbooking, etc.