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2022 unit information
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 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
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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