MIS171 - Business Analytics

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 1: Burwood (Melbourne), Online
Trimester 2: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Online
Trimester 3: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 1: Reza Kachouie
Trimester 2: Scott Salzman
Trimester 3: Arman Kaldi
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.

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

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

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

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

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

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

Analyse business performance by implementing contemporary data analysis tools.

GLO3: Digital literacy

ULO4

Interpret findings and effectively communicate solutions to business problems.

GLO2: Communication

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week
Assessment 1: (Individual) Data Visualisation (creating a dashboard) Data analysis file  20% Week 5
Assessment 2: (Individual) Case Study: Data analysis with written report (Analytical)   Data analysis file plus 1000 words  40% Week 8
Assessment 3: (Individual) Case Study: Data analysis with written report (Analytical)  Data analysis file plus 1000 words  40% Week 12

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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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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