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Information Systems: Business Decision Management

Course · 7.5 credits

Description

The buzz right now is AI with artificial neural networks (ANN), machine learning (ML) and Big Data (to train the networks). We have all heard of Generative Pre-Trained Transformers (GPT) such as ChatGPT. The problem with this in decision making is: How do you explain the opaque decisions taken by an ANN or a GPT-based chat bot? Who’s in charge? Who is accountable? The risk is “Computer says no” as in the sketch comedy Little Britain…

Business Decision Management (BDM) instead deals with transparent and human-readable rules based decision logic in the form of decision tables and expressions, used to manage and automate operational and repeating mass decisions in business processes. Different from today’s AI applications and their enormous foundational models can this decision logic be understood and explained by business experts and maybe even clients and citizens.

BDM is about one of businesses most important assets – the operational business decisions. Many every day, routine and repeating decisions are made e.g. for:

  • Loan application assessments
  • Risk assessments for insurance policy applications
  • Customer ratings on a web shop
  • Taxation in an on-line eService for income tax return 
  • Claim benefits
  • Acceptance of orders and payment
  • A diagnosis, such as vaccination status

Some of these decisions are made manually, but many more are automated in information and IT systems. We meet these decisions every day when we buy things on the web, book flights, make hotel reservations, hire a car and so on.

BDM is tightly connected to Business Processes Management. Business Process Management is about changing or designing business processes. Business Decision Management takes responsibility for the operational business decisions that a business process requires to function and deliver according to business goals. In the course, we work with two OMG standards: 1. Business Process Model and Notation (BPMN) for process modelling; 2. Decision Model and Notation (DMN) for decision modelling.

Automation of operational business decisions – decisioning – in BDM applies:

either Business Rules Management (BRM) and BRM systems (BRMS) for finding, authoring, managing, and executing business rules (BR),

or running the decision logic as tables and FEEL (Friendly Enough Expression Language) expressions of DMN on a Decision Management System (DMS) platform.

Many branches of society, especially banking, insurance and the public sector are rule heavy and already use rule-based decisioning. In Sweden, we can for instance fill in our tax return using digital services, which are based on rule-based decisioning. In the USA, an example of a major user of decisioning and support technology is IRS.

During this course, you will work both theoretically and practically, as systems development, with the concept of BDM. You will design decision requirement models and decision logic to automate decisions in processes using a professional DMS: Trisotech Enterprise Suite. FEEL resembles XPATH and advanced formula construction in a spreadsheet programs. Hence, the decision logic development is not programming as in java or C# and you will not build and deploy a system. Having some sort of programming understanding and/or skill is probably helpful but not required.

YYou will meet industry expert James Taylor CEO of Decision Management Solutions live or on-line. You will also meet BDM professional and trainer Marwim van Overshot at Le Blanc Consultancy. They will provide expert insights and industry experience on BDM.

BDM is an approach drawing heavy industry interest. Through this course, you will have the possibility to acquire highly specialized and unique skills with high market value.

Course director

Odd Steen

Closed for applications

Application opportunities

Contact

Department of Informatics

Visiting address
Ole Römers väg 6, 223 63 Lund

Postal address
Box 7080, 220 07 Lund

+46 46 222 80 19

https://ics.lu.se/en

Viktoria Svenby

Study advisor

+46 46 222 80 25

viktoria [dot] svenby [at] ics [dot] lu [dot] se

Requirements and selection

Entry requirements

Completed courses corresponding to SYSA21 Informatics: Introduction to Information Systems, 1-30 ECTS, SYSB13 Information Systems: IS and Business Development, 31-60 ECTS and SYSK16 Informatics: Bachelor Degree Project (Thesis), 15 ECTS and in addition 15 ECTS in Informatics/Information Systems at Bachelor level. English 6/English Course B.

Selection criteria

Seats are allocated according to: ECTS (HPAV): 100 %.

English language requirements

Most of Lund University’s programmes require English Level 6 (unless otherwise stated under 'Entry requirements'). This is the equivalent of an overall IELTS score of 6.5 or a TOEFL score of 90. There are several ways to prove your English language proficiency – check which proof is accepted at the University Admissions in Sweden website. All students must prove they meet English language requirements by the deadline, in order to be considered for admission.

How to prove your English proficiency – universityadmissions.se

Country-specific requirements

Check if there are any country-specific eligibility rules for you to study Bachelor's or Master's studies in Sweden:

Country-specific requirements for Bachelor's studies – universityadmissions.se

Country-specific requirements for Master's studies – universityadmissions.se

Apply

Start Spring Semester 2024

Day-time Lund, part time 50%

In English

Study period

15 January 2024 - 19 March 2024

Application

You can only apply for this course in the 'Swedish student' application round. Find out more: Applying for studies – when to apply

How to apply

Lund University uses a national application system run by University Admissions in Sweden. It is only possible to apply during the application periods.

When to apply for studies

Step 1: Apply online

  • Check that you meet the entry requirements of the programme or course you are interested in (refer to the section above on this webpage).
  • Start your application – go to the University Admissions in Sweden website where you create an account and select programmes/courses during the application period.
    Visit the University Admissions in Sweden website
  • Rank your programme/course choices in order of preference and submit them before the application deadline.

Step 2: Submit documents

  • Read about how to document your eligibility and how to submit your documents at the University Admissions in Sweden website. Follow any country-specific document rules for Master's studies or Bachelor's studies
    Country-specific requirements for Bachelor's studies – universityadmissions.se
    Country-specific requirements for Master's studies – universityadmissions.se
     
  • Get all your documents ready:
    - official transcripts and high school diploma (Bachelor's applicants)
    - official transcripts and degree certificate or proof that you are in the final year of your Bachelor's (Master's applicants)
    - passport/ID (all applicants) and
    - proof of English proficiency (all applicants).
     
  • Prepare programme-specific documents if stated in the next paragraph on this webpage.
  • Upload or send all required documents to University Admissions before the document deadline.
  • Pay the application fee (if applicable – refer to the section below on this webpage) before the document deadline.

* Note that the process is different if you are applying as an exchange student or as a part of a cooperation programme (such as Erasmus+).
* If you have studied your entire Bachelor's programme in Sweden and all of your academic credits are in Ladok, you do not have to submit transcripts or your diploma when applying for a Master's programme. However, there may still be other documents you need to submit! See the link below. 

Svensk student? 
Läs instruktionerna om att söka till ett internationellt masterprogram på lu.se

Tuition fees

Non-EU/EEA citizens

Full programme/course tuition fee: SEK 15 000

First payment: SEK 15 000

Convert currency – xe.com

Citizens of a country outside of the European Union (EU), the European Economic Area (EEA) and Switzerland are required to pay tuition fees. You pay one instalment of the tuition fee in advance of each semester.

Tuition fees, payments and exemptions

EU/EEA citizens and Switzerland

There are no tuition fees for citizens of the European Union (EU), the European Economic Area (EEA) and Switzerland.

Application fee

If you are required to pay tuition fees, you are generally also required to pay an application fee of SEK 900 when you apply at the University Admissions in Sweden website. You pay one application fee regardless of how many programmes or courses you apply to.


*Note that there are no tuition or application fees for exchange students or doctoral/PhD students, regardless of their nationality.

Scholarships & funding

Lund University Global Scholarship programme

The Lund University Global Scholarship programme is a merit-based and selective scholarship targeted at top academic students from countries outside the EU/EEA.

Lund University Global Scholarship

Swedish Institute Scholarships

The Swedish Institute offers scholarships to international students applying for studies in Sweden at Master's level.

Scholarship information on the Swedish Institute website

Country-specific scholarships and funding options

Lund University has agreements with scholarship organisations and funding bodies in different countries, which may allow applicants to apply for funding or scholarships in their home countries for their studies at Lund University.

External scholarships

Information about scholarships from external organisations