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Business Analytics for Decision Making (MGMT90239)
Graduate courseworkPoints: 12.5Online
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Term 3
Mr Jackson Yuen jctyuen@unimelb.edu.au
Overview
Availability | Term 1 - Online Term 3 - Online |
---|---|
Fees | Look up fees |
This subject will focus on developing students’ understanding of a wide variety of strategic and operational business problems and decisions being faced by managers and decision makers in the fields of financial management, human resource management, marketing management, operations management, and international business management. Students will be shown how to use a range of quantitative approaches to analyze business problems and, based on these analyses, make effective decisions. The subject will take descriptive analytic, predictive analytic, and prescriptive analytic approaches. Students will be expected to be able to calculate and manipulate data as well as interpret the results in order to derive and evaluate alternative solutions to typical business problems.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Familiarize themselves with the descriptive analytic, predictive analytic, and prescriptive analytic approaches;
- Acquire an understanding of the application of quantitative approaches to management;
- Formulate various business optimization problems as mathematical models, such as linear programming and integer programming;
- Apply the Excel Solver to solve the mathematical models and analyze the solutions;
- Adopt the decision analysis approach with perfect and sample information to develop an optimal strategy;
- Understand the fundamentals of decision making under uncertainty;
- Recognize the role of probability and probability distributions in evaluating alternative courses of action;
- Analyze past trend in an effort to predict the future by using the regression analysis approaches.
Generic skills
Written communication skills through online discussion and written assessments;
Last updated: 9 April 2024
Eligibility and requirements
Prerequisites
Entry into the Graduate Certificate in Business.
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
MGMT90141 | Business Analysis & Decision Making |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 9 April 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Open-book final online exam
| End of term | 50% |
Participation and contribution to the topics on the LMS discussion board; Submission of a 500 word summary of the best 3 contributions to the discussion board via Turnitin
| Week 8 | 10% |
4 Quizzes: 20 multiple choice questions in each. End of weeks 2, 4, 6, and 8.
| Throughout the semester | 40% |
Last updated: 9 April 2024
Dates & times
- Term 1 - Online
Mode of delivery Online Contact hours Total time commitment 170 hours Pre teaching start date 29 January 2018 Pre teaching requirements Orientation activities. Teaching period 5 February 2018 to 1 April 2018 Last self-enrol date 30 January 2018 Census date 23 February 2018 Last date to withdraw without fail 16 March 2018 Assessment period ends 8 April 2018 - Term 3 - Online
Principal coordinator Jackson Yuen Mode of delivery Online Contact hours Total time commitment 170 hours Pre teaching start date 16 July 2018 Pre teaching requirements Orientation activities. Teaching period 23 July 2018 to 16 September 2018 Last self-enrol date 17 July 2018 Census date 10 August 2018 Last date to withdraw without fail 31 August 2018 Assessment period ends 23 September 2018 Term 3 contact information
Mr Jackson Yuen jctyuen@unimelb.edu.au
Time commitment details
170 hours
Last updated: 9 April 2024
Further information
- Texts
Prescribed texts
There are no specifically prescribed or recommended texts for this subject.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Graduate Certificate in Business
Last updated: 9 April 2024