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BUDT Decision and Information Technologies ( The Robert H. Smith School of Business)Any remaining seats in BUDT courses will be available to the following groups of students: Students admitted/graduates of UMCP master or PhD program and students admitted/graduates of an AACSB-accredited masters program. Students outside the department should contact the Smith School of Business Masters Program Office starting the first day of registration for specific instructions on how to request a BUDT course. Requests for courses will be reviewed approximately two weeks before the start of the semester. For all course sections with GS, class will be held at the Shady Grove Campus. For all course sections with DC, class will be held at the Ronald Reagan Building/International Trade Center. For all course sections with BA, class will be held at the UMAB School of Nursing. For weekend courses, students are responsible for checking their schedule for course conflicts. If a student is registered for weekend courses that conflict, the student should make adjustments to their schedule. If changes are not made, the department can drop the course that was last added to cause the conflict.
BUDT703
Business Process Anaylsis for Information System Design;
(3 credits)
Grade Method: REG.
BUDT710 Information Technology and Organizational Transformation; (3 credits) Grade Method: REG. Corequisite: BUSI 620. Credit will be granted for only one of the following: BMGT 720 or BUDT 710. Formerly BMGT720. Emphasizes the transformational aspects of IT, and how technology can be used to implement new business models, new value propositions, and new organizational designs. The goal of the course is to provide students an understanding of how IT can be used to achieve competitive and organizational advantage which enables them to become more effective managers, regardless of their functional area. Non-majors should review their registration eligibility in the statement preceding the BUDT courses. BUDT724 Operations Management; (3 credits) Grade Method: REG. Prerequisite: BUSI 630 or permission of instructor. Credit will be granted for only one of the following: BMGT 734 or BUDT 724. Formerly BMGT734. This course examines the strategic role of operations management, that is, the management of business processes, and offers tools and techniques that firms use for strategy execution in delivering products and services. A wide range of topics are covered, such as operations strategy, process analysis and design, capacity management and bottlenecks, waiting lines, quality management and six-sigma. Also covers areas of supply-chain management, including forecasting, JIT and lean operations, sales and operations planning, and inventory management. Non-majors should review their registration eligibility in the statement preceding the BUDT courses. BUDT732 Decision Modeling with Spreadsheets; (3 credits) Grade Method: REG. Prerequisites: BUSI630 or permission of instructor. Credit will be granted for only one of the following: BMGT 732 or BUDT 732. Formerly BMGT732. Introduces analytical modeling for managerial decisions using a spreadsheet environment. Includes linear and nonlinear optimization models, decision making under uncertainty and simulation models. Non-majors should review their registration eligibility in the statement preceding the BUDT courses. BUDT733 Data Mining for Business; (3 credits) Grade Method: REG. Prerequisite: BUSI 630. Credit will be granted for only one of the following: BMGT 733 or BUDT 733. Formerly BMGT733. Data mining techniques and their use in strategic business decision making. A hands-on course that provides an understanding of the key methods of data visualization, exploration, classification, prediction, time series forecasting, and clustering. Non-majors should review their registration eligibility in the statement preceding the BUDT courses. BUDT750 Game Theory for Managerial Decisions; (3 credits) Grade Method: REG. Prerequisite: BUSI690. A study of managerial decision-making in strategic (or interactive) situations characterized by both conflict and cooperation. Introduces basic tools of game theory including simultaneous and sequential-move games, equilibrium analysis, repeated interactions, information assymetry, and principal-agent models. Applications of game theory to managerial decisions such as pricing, promotions, entry/exit decisions, deterrence, design of incentive contracts, supply chain relationships, auctions. Non-majors should review their registration eligibility in the statement preceding the BUDT courses. BUDT758C Special Topics in Decision and Information Technologies: Business Forecasting; (2 credits) Grade Method: REG/AUD. BUDT759 (PermReq) Independent Study in Decision and Information Technologies; (1-6 credits) Grade Method: REG. Individual Instruction course: contact department or instructor to obtain section number. BUDT775 Pricing and Revenue Management; (3 credits) Grade Method: REG. Credit will be granted for only one of the following: BUDT758D or BUDT775. Formerly BUDT758D. Specialized course on pricing and revenue management (PRM) that provides students with tools and principles, drawn from several disciplines (Operations, Microeconomics, Decision Modeling, Statistics, Marketing, IS) to make effective pricing decisions. Topics covered include economics of pricing, strategy and tactics of PRM, pricing optimization, differentiated pricing, dynamic pricing, mark-down pricing, legal and ethical issues in models/methods used in making effective PRM decisions and managerial or organizational factors that hold the key to success in execution of PRM.
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