MIS272 - Predictive Analytics

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 2: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Previously coded as:MIS372
Unit Chair:Trimester 2: Rens Scheepers
Prerequisite:

MIS171

Corequisite:Nil
Incompatible with: MIS372, MIS772
Typical study commitment:

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

This will include educator guided online learning activities within the unit site.

Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 2 hour on-campus (livestreamed) lecture (recordings provided) and 1 x 1 hour on-campus seminar each week

Educator-facilitated (scheduled) learning activities - online unit enrolment:

1 x 2 hour recorded lecture provided and 1 x 1 hour online seminar (recordings provided) each week

Content

The ‘information age’ has combined with the widespread adoption of digital technology to turn information into a key business asset.  Businesses and governments now have access to massive volumes of data and require skills and expertise in making sense of this information for strategic decision making. This unit will provide students with the knowledge and skills to build predictive models and use data mining tools in real business scenarios. Students will be given the opportunity to gain hands-on experience with most widely used predictive analytics software tools globally.

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 key statistical theories and data mining concepts to selected business scenarios.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO2

Build predictive analytics models in real-world situations.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem solving

ULO3

Apply current techniques and trends in predictive analytics to the business environment.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week
Assessment 1: (Individual) Report (Business) 600 words 20% Week 5
Assessment 2: (Individual) Report (Business) 1400 words 40% Week 9
End-of-unit assessment task: Written 2 hours 40% End-of-unit assessment 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.

Hurdle requirement

Hurdle requirement: Achieve at least 50% of the marks available on the end-of-unit assessment to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit. 

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MIS272 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

Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.

Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.

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