An introduction to the use of data in twenty-first century organizations. Includes definition of “big data,” and what it means from a technical, consumer, and management perspective. Current business cases are studied to illustrate organizational opportunities and challenges. (3 credits)
Provides an introduction to the risk-analysis paradigm where organizations intentionally manage, assess, and communicate about risk. Risk management is about making effective decisions under conditions of uncertainty. A generic risk-management model is introduced and developed. Students learn to apply several risk-management methodologies.