Module Detailed Information for [IE4243]
Academic Year : 2016/2017 Semester : 4
Correct as at 02 Jun 2017 08:13

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Module Information
Module Code :
IE4243 IVLE
Module Title : Decision Modeling & Risk Analysis
Module Description : This module introduces the fundamental theory and method modelling and risk analysis for rational decision under uncertainty with applications in but not limited to medical & healthcare decisions and financial decision in capital investments & systems engineering. Topics covered include foundation of decision theory, risk aversion and measurement, decision analysis methods, Bayesian statistical approach,Bayesian networks modelling, inference, and learning, Advance financial decision making models, and Real options analysis.
Module Examinable : -
Exam Date : No Exam Date.
Modular Credits : 4
Pre-requisite : IE2100 (Probability Models with Applications) and IE2140 (Engineering Economy).
Preclusion : Nil
Module Workload (A-B-C-D-E)* : 3-1-0-3-3
Remarks : Nil
* A: no. of lecture hours per week
B: no. of tutorial hours per week
C: no. of laboratory hours per week
D: no. of hours for projects, assignments, fieldwork etc per week
E: no. of hours for preparatory work by a student per week


Lecture Time Table
Class TypeWeek TypeWeek DayStartEndRoom
1 LECTUREEVERY WEEKSATURDAY14001600LT1,

Tutorial Time Table
Attention: The tutorial timetables could be updated from time to time. Students are advised to check regularly for the latest update on the change of tutorial timing.
No Tutorial Class or to be announced. Please check with the department offering this module.





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