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MAE305 - Business and Financial Forecasting

Unit details

Year2016 unit information
Enrolment modes:

Trimester 1: Burwood (Melbourne); Waterfront (Geelong); Cloud (online)

Credit point(s):1
EFTSL value:0.125
Unit chair:

M Wadud


MAE101, MAE203, MAE256, MIS171

Incompatible with: Nil
Contact hours:

1 x 2 hour class, 1 x 1 hour lab per week


The unit introduces statistical and econometric forecasting methods used extensively in business, industry and the public sector. Students will learn and be capable of developing models for forecasting almost any economic, business or banking and industry data, utilising a forecasting computer package Eviews (the University provides Campus access). The unit is designed for practitioners and the emphasis is on empirical applications as a model for forecasting and policy analysis. Topics include: forecasting share prices using technical analysis; trend and seasonality analysis; exponential smoothing, ARIMA models; vector auto regressive modelling; error correction models; causality testing; and co-integration analysis.


Cloud (online) students need to ensure they have Eviews access either by going to Burwood (Melbourne) or Waterfront (Geelong) campuses, or by buying their own private copies.


Assignment (Quantitative) 30%

Test(s) (x 3 Cloud (online) quizzes) 20%

Examination 2 hours 50%

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

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