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2021 unit information
Unit delivery will continue to be provided in line with the most current COVIDSafe health guidelines. This may include a mix of on-campus and online activities. To find out how you are impacted, please check your unit sites for announcements and updates. Unit sites open one week prior to the start of each Trimester/Semester.
Thank you for your flexibility and commitment to studying with Deakin in 2021.
Last updated: 4 June 2021
Available to students enrolled in Master's level courses only
Nil
Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.
1 x 2 hour class, 1 x 1 hour computer lab per week
11 x 2 hour class (recordings provided) + 1 hour online seminar/workshop
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 model2. Develop business decision models using software tools3. Use decision modelling techniques such as optimisation, stochastic modelling and risk analysis4. Develop and evaluate the utility of alternative solutions5. Carry out sensitivity analysis6. Develop an overview of advanced modelling techniques and approaches in Business Analytics.
Conceptualise, formulate and represent a business problem as a decision model.
GLO1: Discipline-specific knowledge and capabilities
ULO2
Develop and solve business problems using advanced decision modelling techniques such as optimisation, stochastic modelling and risk analysis in spreadsheets.
GLO5: Problem solving
ULO3
Interpret and analyse the results; investigate the sensitivity of the solutions to the assumptions of the decision model.
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
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 requirements: achieve at least 50% of the marks available on the examination.
The texts and reading list for the unit can be found on the University Library via the link below: MIS775 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.
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