MIS171 - Business Analytics

Unit details

Note: You are seeing the 2018 view of this unit information. These details may no longer be current. [Go to the current version]
Year

2018 unit information

Enrolment modes:Trimester 1: Burwood (Melbourne), Online
Trimester 2: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Online
Credit point(s):1
Previously coded as:

MSQ171

EFTSL value:0.125
Unit chair:

Dilal Saundage (Trimester 1), Reza Kachouie (Trimester 2)

Prerequisite:Nil
Corequisite:Nil
Incompatible with: MISM171
Contact hours:

Campus: 1 x 2 hour class, 1 x 1.5 hour lab per week

Cloud(online): 11 x 2 hour class (recordings provided) + 11 X 1 hour online seminar

Content

The digital revolution has changed the practice of business. Data to support business decisions (data collected by business systems as well as through the Internet and Social Media such as Facebook and Twitter) are growing exponentially and becoming increasingly difficult to understand and use.

Business Analytics is the broad use of quantitative reasoning skills in business decision making. Business Analytics helps managers to solve complex business problems, improve business performance, anticipate and plan for change while managing and balancing risks. This unit will provide students with the analytical knowledge and skills to explore data to find patterns and relationships in data; assess uncertainty and risk of business decisions; evaluate decisions; and forecast and predict trends.

Assessment

Assessment 1: 2-page written response - 20%

Assessment 2: 10-page analysis output - 20%

Examination: (2-hours) 60%

Hurdle requirement: achieve at least 50% of the marks available on the examination.

Unit Fee Information

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