. "Applied Mathematics"@en . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . "Stochastic decision making"@en . . "6.0" . "Any realistic model of a real-world phenomenon must take into account the possibility of randomness. That is, more often than not, the quantities we are interested in will not be predictable in advance but, rather, will exhibit an inherent variation that should be taken into account by the model. Mathematically, this is usually accomplished by allowing the model to be probabilistic in nature. In this course, the following topics will be discussed:\n\n(1) Basic concepts of probability theory: Probabilities, conditional probabilities, random variables, probability distribution functions, density functions, expectations and variances.\n\n(2) Finding probabilities, expectations and variances of random variables in complex probabilistic experiments.\n\n(3) Discrete and continuous time Markov chains and related stochastic processes like random walks, branching processes, Poisson processes, birth and death processes, queueing theory.\n\n(4) Markov decision problems.\n\n(5) Multi-armed bandit problems, bandit algorithms, contextual bandits, cumulative regret, and simple regret\n\nPrerequisites\nProbability & Statistics.\n\nRecommended reading\nProbability: A Lively Introduction by Henk Tijms; Reinforcement Learning by Richard S. Sutton and Andrew G. Barto (2nd ed.) (chapter 2); Bandit Algorithms by Tor Lattimore and Csaba Szepesvári\n\nMore information at: https://curriculum.maastrichtuniversity.nl/meta/464293/stochastic-decision-making" . . "Presential"@en . "FALSE" . . "Master in Data Science for Decision Making"@en . . "https://curriculum.maastrichtuniversity.nl/education/partner-program-master/data-science-decision-making" . "120"^^ . "Presential"@en . "Data Science for Decision Making will familiarise you with methods, techniques and algorithms that can be used to address major issues in mathematical modelling and decision making. You will also get hands-on experience in applying this knowledge through computer classes, group research projects and the thesis research. The unique blend of courses will equip you with all the knowledge and skills you’ll need to have a successful career.\n\nWidespread applications\nData Science for Decision Making links data science with making informed decisions. It has widespread applications in business and engineering, such as scheduling customer service agents, optimising supply chains, discovering patterns in time series and data, controlling dynamical systems, modelling biological processes, finding optimal strategies in negotiation and extracting meaningful components from brain signals. This means you'll be able to pursue a career in many different industries after you graduate.\n\nProgramme topics\nData Science for Decision Making covers the following topics:\n\n* production planning, scheduling and supply chain optimisation\n* modelling and decision making under randomness, for instance in queuing theory and simulation\n* signal and image processing with emphasis on wavelet analysis and applications in biology\n* algorithms for big data\n* estimation and identification of mathematical models, and fitting models to data\n* dynamic game theory, non-cooperative games and strategic decision making with applications in evolutionary game theory and biology\n* feedback control design and optimal control, for stabilisation and for tracking a desired behaviour\n* symbolic computation and exact numerical computation, with attention to speed, efficiency and memory usage\n* optimisation of continuous functions and of problems of a combinatorial nature"@en . . . "2"@en . "FALSE" . . "Master"@en . "Thesis" . "2314.00" . "Euro"@en . "18400.00" . "Recommended" . "Data science and big data are very important to companies nowadays, and this programme will provide you with all the training you’ll need be active in these areas. The comprehensive education, practical skills and international orientation of the programme will open the world to you. When applying for positions, graduates from Data Science for Decision Making are often successful because of their problem-solving attitude, their modern scientific skills, their flexibility and their ability to model and analyse complex problems from a variety of domains.\n\nGraduates have found positions as:\n* Manager Automotive Research Center at Johnson Electric\n* Creative Director at Goal043 | Serious Games\n* Assistant Professor at the Department of Advanced Computing Sciences, Maastricht University\n* BI strategy and solutions manager at Vodafone Germany\n* Scientist at TNO\n* Digital Analytics Services Coordinator at PFSweb Europe\n* Software Developer at Thunderhead.com\n* Data Scientist at BigAlgo\n* Researcher at Thales Nederland"@en . "2"^^ . "TRUE" . "Midstream"@en . . . . . . . . . . . . . . . . . . . . . . . . . .