MIS171 - Business Analytics

Unit details

Note: You are seeing the 2021 view of this unit information. These details may no longer be current. [Go to the current version]
Year:

2021 unit information

Important Update:

Unit delivery will continue to be provided in line with the most current COVIDSafe health guidelines. This may include a mix of on-campus and online activities. To find out how you are impacted, please check your unit sites for announcements and updates. Unit sites open one week prior to the start of each Trimester/Semester.

Thank you for your flexibility and commitment to studying with Deakin in 2021.

Last updated: 4 June 2021

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

Unit Chair:Trimester 1: Reza Kachouie
Trimester 2: Reza Kachouie
Prerequisite:

Nil

Corequisite:Nil
Incompatible with: MISM171
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus:

11 x 2 hour class, + 11 x 1.5 hour lab (seminar)

Scheduled learning activities - cloud:

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.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Apply quantitative reasoning skills to analyse business problems

GLO1: Discipline-specific knowledge and capabilities

ULO2

Create data-driven/fact-based solutions to complex business scenarios

GLO5:  Problem solving

ULO3

Implement contemporary data analysis tools to analyse business performance

GLO3: Digital literacy

ULO4

Interpret findings and effectively communicate solutions to business scenarios

GLO2: Communication

 

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week 
Assessment 1 (individual)- Online test - 10% Week 4
Assessment 2 (individual)- Report (Analytical) 2000 words 25% Week 7
Assessment 3 (individual)- Online test - 15% Week 10
Examination (closed book) 2 hours 50% Exam period

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MIS171 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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