Unit details

MIS775 - Decision Modelling for Business Analytics

Year2015 unit information
Enrolment modes:Trimester 1: Burwood (Melbourne), Cloud (online)
Trimester 3: Burwood (Melbourne), Cloud (online)
EFTSL value:0.125
Previously coded as:Nil
Cohort rule:

Available to students enrolled in Master's level courses only

Unit chair:

D Mather

Prerequisite:

MIS771

Corequisite:

MIS772

Incompatible with:

Nil

Contact hours:

Campus: 1 x 2 hour class, 1 x 1 hour computer lab per week
Cloud(online): Learning resources are via CloudDeakin

Content

This unit aims to provide students with the knowledge and skills to build complex decision models and use advanced quantitative modelling techniques to analyse and develop solutions to business problems.

On completion of the unit students should be able to:
1. Conceptualise, formulate and represent a business problem as a decision model
2. Develop business decision models using software tools
3. Use decision modelling techniques such as optimisation, stochastic modelling and risk analysis
4. Develop and evaluate the utility of alternative solutions
5. Carry out sensitivity analysis
6. Develop on overview of advanced modelling techniques and approaches in Business Analytics.

Assessment

Assessment 1 (individual) - Assignment (spreadsheet model) - 40%

Assessment 2 (individual) - Assignment (spreadsheet based model and executive summary) - 40%

Assessment 3 (group of 2-3 students) - Assignment (1000 words) - 20%

 

Unit Fee Information

Student Contribution Rate* Student Contribution Rate**
Fee Rate - Domestic Students Fee Rate - International Students
$1096 $1096 $3121 $3458
* Rate for all CSP students, except for those who commenced Education and Nursing units pre 2010
** Rate for CSP students who commenced Education and Nursing units pre 2010
Please note: Unit fees listed do not apply to Deakin Prime students.

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