MIS171 - Business Analytics
Unit details
Year: | 2019 unit information |
---|---|
Enrolment modes: | Trimester 1: Burwood (Melbourne), Online Trimester 2: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Online |
Credit point(s): | 1 |
EFTSL value: | 0.125 |
Previously coded as: | MSQ171 |
Trimester 1 Unit Chair: | Reza Kachouie |
Trimester 2 Unit Chair: | Reza Kachouie |
Prerequisite: | Nil |
Corequisite: | Nil |
Incompatible with: | MISM171 |
Scheduled learning activities - campus: | 1 x 2 hour class, 1 x 1.5 hour lab per week |
Scheduled learning activities - cloud (online): | 11 x 2 hour class (recordings provided) + 11 X 1.5 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: Data Analysis and written response (2 page written response, data analysis output) 20%
Assessment 2: Online Quiz, data analysis and response to specific question posed about the data 20%
Examination: (2-hours) 60%
From Trimester 2 2019
Assessment 1 (individual): Online test - 10%
Assessment 2 (individual): Report (Analytical), 2000 words - 25%
Assessment 3 (individual): Online test - 15%
Examination (open book), 2 hours - 50%
Hurdle requirement
Hurdle requirement: achieve at least 50% of the marks available on the examination.
From Trimester 2 2019:
Nil
Unit Fee Information
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