MGS 511        Quantitative Business Analysis (3)

This survey course addresses the study of the scientific method as applied to management decisions.  The forepart of this course addresses the development of basic statistics up to hypothesis testing.  Topics coverage also includes (1) bivariate regression analysis, (2) multiple regression analysis, (3) PERT and CPM, (4) linear programming (graphic method only), (5) decision making under uncertainty (including maxi-max, mini-max, and maxi-min techniques) and (6) the basic elements of forecasting (including the classical time series model).

MGS 521        Principles of Energy Management (3)

This course offers a comprehensive introduction to the fundamentals of power systems, electricity markets, and the critical role of renewable energies in society. It delves into the power system of New York State, providing a localized perspective on these essential topics. The curriculum covers the complexities of the day-ahead and capacity reserve markets, focusing on how independent system operators schedule power production across various generating units to meet electricity demand efficiently. Emphasizing the importance of optimization, the course highlights its role as a vital tool for effective energy planning and decision-making.

The course is designed for students interested in gaining an understanding of the power sector and the impact of renewable energies on energy prices and sector sustainability. It aims to motivate students to consider pursuing careers in this industry, including opportunities in utility companies, renewable energy service providers, consulting services, and other related fields.