Multicriteria Analysis Decision – BA830 – Department of Business Administration

1. General

SCHOOL	SCHOOL OF ECONOMIC SCIENCES
ACADEMIC UNIT	DEPARMENT OF ACCOUNTING AND FINANCE
LEVEL OF STUDIES	Undergraduate
COURSE CODE	BA830	SEMESTER		8
COURSE TITLE	Multicriteria Analysis Decision
INDEPENDENT TEACHING ACTIVITIES			WEEKLYTEACHING HOURS		CREDITS
Lectures			3
Hours Lab			0
Hours Exercises			0
Total			3		6
COURSE TYPE	Scientific Field, Compulsory
PREREQUISITE COURSES	No
LANGUAGE OF INSTRUCTION and EXAMINATIONS	Greek
IS THE COURSE OFFERED TO ERASMUS STUDENTS	Yes (upon request)
COURSE WEBSITE (URL)	https://

2. LEARNING OUTCOMES

Learning outcomes
The aim of the course is to introduce students to the basic concepts of multicriteria analysis, the role of multicriteria decision support and the main methods that have been developed, with particular emphasis on the analytical synthetic approach. At the end of the course, students should be able to understand the nature of each problem, the criteria and their importance and be able to propose alternatives to the decision maker for each problem. For this reason, in addition to the theoretical approach, case studies will be provided, showing how to solve different problems using multiple criteria.
General Competences
• Search, analysis and synthesis of data and information, using the necessary technologies • Adapting to new situations • Decision-making • Promoting free, creative and deductive thinking

3. SYLLABUS

• Introduction to multicriteria decision analysis
• Multicriteria decision support
• The analytical-synthetic approach
• Case studies of multi-criteria problems

4. TEACHING and LEARNING METHODS - EVALUATION

DELIVERY

Face to face

USE OF INFORMATION AND COMMUNICATIONS TECHNOLOGY

Use of the electronic platform e-class
During office hours
Presentations are made using Power Point.
There is also the possibility of electronic communication via e-mail to the teacher.
Providing electronic teaching presentations to Students, via e-class

TEACHING METHODS

Activity	Semester workload
Lectures	30
Studying on distributed problem sets	65
Individual Study	49







Course total	144

STUDENT PERFORMANCE EVALUATION

The evaluation of students, in order to provide them with options, preferences and use of their time, is done in two ways:
I. Progress (30%) and Written Examination (70%). Student participation in progress is optional. The grade of progress is taken into account if it is greater than 5 and if it is greater than that of the written exam.
II. 100% written final exam for non-progress students.
Evaluation Language: Greek
Final Exams: The exam schedule is announced 20 days before the exams on the secretariats website.

5. SUGGESTED BIBLIOGRAPHY

-Suggested bibliography:

• Multi-criteria decision support in businesses and organisations. The analytical-synthetic approach (2021) . Doubos Michalis, Zopounidis Konstantinos. (Publisher) ALEXANDROS S. I.K.E. (in Greek)
• MULTI-Criteria DECISION SYSTEMS (2007). NIKOLAOS MATSATSINIS, KONSSTANTINOS ZOPOUNIDIS. (Publisher) KEIDARITHMOS PUBLISHING COMPANIES Ltd. (in Greek)
• Decision Support Systems (2022). Nikolaos Matsatsinis. (Publisher). PUBLICATIONS OF NEW TECHNOLOGIES PRIVATE LIMITED COMPANY (in Greek)

-Related academic journals:

• Marttunen, M., Lienert, J., & Belton, V. (2017). Structuring problems for Multi-Criteria Decision Analysis in practice: A literature review of method combinations. European journal of operational research, 263(1), 1-17.
• Colapinto, C., Jayaraman, R., & Marsiglio, S. (2017). Multi-criteria decision analysis with goal programming in engineering, management and social sciences: a state-of-the art review. Annals of Operations Research, 251, 7-40.
• Ceballos, B., Lamata, M. T., & Pelta, D. A. (2016). A comparative analysis of multi-criteria decision-making methods. Progress in Artificial Intelligence, 5, 315-322.
• Spronk, J., Steuer, R. E., & Zopounidis, C. (2016). Multicriteria decision aid/analysis in finance. Multiple criteria decision analysis: State of the art surveys, 1011-1065.
• Zopounidis, C., Galariotis, E., Doumpos, M., Sarri, S., & AndriosopouloS, K. (2015). Multiple criteria decision aiding for finance: An updated bibliographic survey. European Journal of Operational Research, 247(2), 339-348.
• Doumpos, M., Figueira, J. R., Greco, S., & Zopounidis, C. (2019). New perspectives in multiple criteria decision making. Springer International Publishing, Cham.