MIS775 - Decision Modelling for Business Analytics
Unit details
Year | 2025 unit information |
---|---|
Enrolment modes: | Trimester 1: Burwood (Melbourne), Online |
Credit point(s): | 1 |
EFTSL value: | 0.125 |
Unit Chair: | Trimester 1: Lasitha Dharmasena Trimester 2: To be confirmed. |
Cohort rule: | Available to students enrolled in Master's level courses only |
Prerequisite: | MIS770/MIS770A |
Corequisite: | Nil |
Incompatible with: | Nil |
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 |
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. |
Note:^GIFT City (India) offering is available to students enrolled at the GIFT City (India) campus only. |
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 an overview of advanced modelling techniques and approaches in Business Analytics.
Learning Outcomes
ULO | These are the Unit Learning Outcomes (ULOs) for this unit. At the completion of this unit, successful students can: | Alignment to Deakin Graduate Learning Outcomes (GLOs) |
---|---|---|
ULO1 | Conceptualise, formulate and represent a business problem as a decision model. | GLO1: Discipline-specific knowledge and capabilities |
ULO2 | Develop solutions to business problems using advanced decision modelling techniques. | GLO5: Problem solving |
ULO3 | Interpret and analyse results and evaluate the sensitivity of solutions to the assumptions of the decision models. | GLO4: Critical thinking |
Assessment
Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
---|---|---|---|
Assessment 1: (Individual) Case Study: Data analysis with written Report (Analytical) | Data analysis file plus 1200 words | 20% | Week 5 |
Assessment 2: (Individual) Case Study: Data analysis with written Report (Analytical) | Data analysis file plus 1800 words | 30% | Week 11 |
End-of-unit assessment task: Written | 2 hours | 50% | 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 requirements: 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 MIS775 can be found via the University Library.
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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