The powers of mathematical modeling are now within reach to many. Several companies may be using them today to gain a competitive advantage and tomorrow they will use them to survive the harsh competitive environment. The course aims to refine and enhance student’s ability to think critically and develop practical and analytical skills needed to utilize some of the most frequently used mathematical models in business. Through real-world case studies, students will have an opportunity to learn and experience a variety of issues, problems and pitfalls one can have throughout the modeling process.
Ozren Despic holds a PhD in Industrial Engineering from the University of Toronto (2003). He is lecturer, Academic Director of the Master of Science (MSc) in Business and Marketing Analytics and of the MSc in Operational Research and Performance Management at Aston University. Also, Associate Fellow at Warwick Business School and visiting professor at the European Centre for Peace and Development. He received Aston’s Excellence Award for teaching (2008). His research focuses on mathematical modeling for optimization and performance improvement.