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MIS171 - Business Analytics

Year2018 unit information
Enrolment modes:Trimester 1: Burwood (Melbourne), Cloud (online)
Trimester 2: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Cloud (online)
Credit point(s):1
EFTSL value:0.125
Previously coded as:

MSQ171

Unit chair:

Scott Salzman

Prerequisite:Nil
Corequisite:Nil
Incompatible with: SIT191
Contact hours:

Campus: 1 x 2 hour class, 1 x 1.5 hour lab per week

Cloud(online): 11 x 2 hour class (recordings provided) + 11 X 1 hour online seminar

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.

Assessment

Assignment 20% 2 pages written response, 10 pages analysis output

Assignment 20%

Examination (2 hours) 60%

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

Unit Fee Information

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