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MIS171 - Business Analytics

Year:

2020 unit information

Important Update:

Classes and seminars in Trimester 2, 2020 will be online.

Last updated: 2 June 2020

Enrolment modes:Trimester 1: Burwood (Melbourne), Online
Trimester 2: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Online
Credit point(s):1
EFTSL value:0.125
Previously coded as:

MSQ171

Unit Chair:Trimester 1: Reza Kachouie
Trimester 2: Reza Kachouie
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.

Scheduled learning activities - campus:

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

Scheduled learning activities - cloud:

1 x 2 hour class via Zoom per week + pre-seminar recordings + 1 x 1 hour online seminar via Zoom (starting from week 2) per 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.

 

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

Implement contemporary data analysis tools to analyse business performance.

 GLO3: Digital literacy

ULO4

Interpret findings and effectively communicate solutions to business scenarios.

 GLO2: Communication

 

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)		 Indicative due week 
Assessment 1 (individual)- Online test - 10% Information not yet available
Assessment 2 (individual)- Report (Analytical) 2000 words 25% Information not yet available
Assessment 3 (individual)- Online test - 15% Information not yet available
Examination (closed book) 2 hours 50% Exam 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.

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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