Syllabus | International University of Sarajevo - Last Update on Mar 03, 2026
The aim of this course is to introduce and teach students about mathematical model construction, spreadsheet modeling using Excel Solver, and interpretation of Solver output. The students will also learn about other decision making tools such as decision trees and simulation.
After successful completion of the course, the student will be able to:
Render, B., Stair R. M., and Balakrishnan, N. (2003). Managerial Decision Modeling with Spreadsheets, Prentice Hall.
| Week | Topic | Readings / References |
|---|---|---|
| 1 | Introduction to Management Science & Modelling | Chapter 1 |
| 2 | Modelling, cont. | Chapter 1 |
| 3 | Linear Programming (LP): Graphical Solution Methods | Chapter 2 |
| 4 | Linear Programming (LP): Computer Solution | Chapter 2 |
| 5 | Using Excel Solver to solve LP problems / Interim Exam 1 | Chapter 2 |
| 6 | LP Applications | Chapter 3 |
| 7 | LP Applications cont. / Interim Exam 2 | Chapter 3 |
| 8 | LP Sensitivity Analysis | Chapter 4 |
| 9 | Mathematical Programming Models | Chapter 6 |
| 10 | IP, NLP, Goal Programming Models | Chapter 6 |
| 11 | Network models | Chapter 5 |
| 12 | Project Management | Chapter 7 |
| 13 | Simulation | Chapter 10 |
| 14 | Simulation cont. | Chapter 10 |
| 15 | Review / Lab Exam |
Alignment with Learning Outcomes : 1 2 3 4 5 6
Alignment with Learning Outcomes : 1 2 3 4 5 6
Alignment with Learning Outcomes : 1 2 3 4 5 6
Alignment with Learning Outcomes : 1 2 3 4 5 6
Alignment with Learning Outcomes : 1 2 3 4 5 6
| Grading Scale | IUS Grading System | IUS Coeff. | Letter (B&H) | Numerical (B&H) |
|---|---|---|---|---|
| 0 - 44 | F | 0 | F | 5 |
| 45 - 54 | E | 1 | ||
| 55 - 64 | C | 2 | E | 6 |
| 65 - 69 | C+ | 2.3 | D | 7 |
| 70 -74 | B- | 2.7 | ||
| 75 - 79 | B | 3 | C | 8 |
| 80 - 84 | B+ | 3.3 | ||
| 85 - 94 | A- | 3.7 | B | 9 |
| 95 - 100 | A | 4 | A | 10 |
Information about late submission policies will be shared during class and posted in this section. Please check back for official guidelines.
This 6 ECTS credit course corresponds to 150 hours of total student workload, distributed as follows:
45 hours ⏳ (15 week × 3 h)
12 hours ⏳ (4 week × 3 h)
11 hours ⏳ (1 week × 11 h)
28 hours ⏳ (14 week × 2 h)
10 hours ⏳ (1 week × 10 h)
24 hours ⏳ (2 week × 12 h)
20 hours ⏳ (1 week × 20 h)
150 Total Workload Hours
6 ECTS Credits
All work submitted must be your own. Plagiarism, cheating, or any form of academic dishonesty will result in disciplinary action according to university policies. When in doubt about citation practices, consult the instructor.
Students are expected to adhere to the attendance requirements as outlined in the International University of Sarajevo Study Rules and Regulations. Excessive absences, whether excused or unexcused, may impact academic performance and eligibility for assessment. Mandatory sessions (e.g., labs, workshops) require attendance unless formally exempted. For detailed policies on absences, documentation, and penalties, please refer to the official university regulations.
Laptops/tablets may be used for note-taking only during lectures. Phones should be silenced and put away during all class sessions. Audio/video recording requires prior permission from the instructor.
Artificial Intelligence (AI) Usage: The use of AI tools (e.g., ChatGPT, Copilot, Gemini) varies by assessment component. Please refer to the AI usage indicator next to each assessment item in the Assessment Methods and Criteria section above. Submitting AI-generated content as your own work, where AI is not explicitly allowed, constitutes an academic integrity violation.
All course-related communication should occur through official university channels (institutional email or SIS). Emails should include [MAN201] in the subject line.
Course Academic Quality Assurance is achieved through Semester Student Survey. At the end of each academic year, the institution of higher education is obliged to evaluate work of the academic staff, or the success of realization of the curricula.
Be prepared to contribute thoughtfully during class discussions, labs, or collaborative work. Active participation deepens understanding and encourages critical thinking.
Complete assigned readings or prep materials before class. Take notes, highlight key ideas, and jot down questions. Aim to grasp core concepts and their applications—not just facts.
Use course frameworks or methodologies to analyze problems, case studies, or projects. Begin early to allow time for reflection and refinement. Seek feedback to improve your work.
Don’t hesitate to reach out when something is unclear. Use office hours, discussion boards, or peer networks to clarify concepts and stay on track.
Syllabus Last Updated on Mar 03, 2026 | International University of Sarajevo
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| Course Code | Course Title | Weekly Hours* | ECTS | Weekly Class Schedule | ||||||
| T | P | |||||||||
| MAN201 | Introduction to Management Science | 2 | 1 | 6 | Tuesday 11:00-12:50 Thursday 10:00-10:50 | |||||
| Prerequisite | MAN102 | It is a prerequisite to | - | |||||||
| Lecturer | Office Hours / Room / Phone | Currently not available |
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| Assistant | Assistant E-mail | |||||||||
| Course Objectives | The aim of this course is to introduce and teach students about mathematical model construction, spreadsheet modeling using Excel Solver, and interpretation of Solver output. The students will also learn about other decision making tools such as decision trees and simulation. | |||||||||
| Textbook | Render, B., Stair R. M., and Balakrishnan, N. (2003). Managerial Decision Modeling with Spreadsheets, Prentice Hall. | |||||||||
| Additional Literature | ||||||||||
| Learning Outcomes | After successful completion of the course, the student will be able to: | |||||||||
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| Teaching Methods | The methods include lectures (which may involve power point presentation, video and audio aids), student presentations, projects and class discussions. | |||||||||
| Teaching Method Delivery | Teaching Method Delivery Notes | |||||||||
| WEEK | TOPIC | REFERENCE | ||||||||
| Week 1 | Introduction to Management Science & Modelling | Chapter 1 | ||||||||
| Week 2 | Modelling, cont. | Chapter 1 | ||||||||
| Week 3 | Linear Programming (LP): Graphical Solution Methods | Chapter 2 | ||||||||
| Week 4 | Linear Programming (LP): Computer Solution | Chapter 2 | ||||||||
| Week 5 | Using Excel Solver to solve LP problems / Interim Exam 1 | Chapter 2 | ||||||||
| Week 6 | LP Applications | Chapter 3 | ||||||||
| Week 7 | LP Applications cont. / Interim Exam 2 | Chapter 3 | ||||||||
| Week 8 | LP Sensitivity Analysis | Chapter 4 | ||||||||
| Week 9 | Mathematical Programming Models | Chapter 6 | ||||||||
| Week 10 | IP, NLP, Goal Programming Models | Chapter 6 | ||||||||
| Week 11 | Network models | Chapter 5 | ||||||||
| Week 12 | Project Management | Chapter 7 | ||||||||
| Week 13 | Simulation | Chapter 10 | ||||||||
| Week 14 | Simulation cont. | Chapter 10 | ||||||||
| Week 15 | Review / Lab Exam | |||||||||
| Assessment Methods and Criteria | Evaluation Tool | Quantity | Weight | Alignment with LOs | AI Usage |
| Final Exam | 1 | 25 | 1,2,3,4,5,6 | Not Allowed | |
| Semester Evaluation Components | |||||
| Interim Exams | 2 | 30 | 1,2,3,4,5,6 | Not Allowed | |
| Term Project | 1 | 15 | 1,2,3,4,5,6 | Not Allowed | |
| Lab Exam | 1 | 15 | 1,2,3,4,5,6 | Not Allowed | |
| Homework | 4 | 15 | 1,2,3,4,5,6 | Not Allowed | |
| *** ECTS Credit Calculation *** | |||||
| Activity | Hours | Weeks | Student Workload Hours | Activity | Hours | Weeks | Student Workload Hours | |||
| Lecture Hours | 3 | 15 | 45 | Homework | 3 | 4 | 12 | |||
| Lab Exam | 11 | 1 | 11 | Active Tutorials | 2 | 14 | 28 | |||
| Term Project | 10 | 1 | 10 | Interim Exams Study | 12 | 2 | 24 | |||
| Final Exam Study | 20 | 1 | 20 | |||||||
| Total Workload Hours = | 150 | |||||||||
| *T= Teaching, P= Practice | ECTS Credit = | 6 | ||||||||
| Course Academic Quality Assurance: Semester Student Survey | Last Update Date: 27/03/2026 | |||||||||