Areas of Concentration: Decision Science

Decision Science. (click here to see the faculty involved) Decision Science uses mathematical tools and reasoning to improve and guide decision making in all aspects of human endeavor, including industry, finance and public policy. Decision problems commonly involve uncertainty, multiple conflicting objectives, and risk. Decision Science draws heavily on the fields of operations research, statistics, probability, economics, game theory, finance as well as other areas of mathematics to model these problems and to reason through their potential solutions to provide recommendations to relevant stakeholders. Decision Science is represented across the Claremont Consortium. In addition to pursuing their own research problems, Claremont faculty also engage in consulting practice, using their mathematical modeling skills to solve problems in public policy and business. The Financial Engineering program at CGU focuses on developing models for financial processes to guide businesses and traders. [read more >>]