Handbook home
Business Analytics for Decision Making (MGMT90239)
Graduate courseworkPoints: 12.5Online
For information about the University’s phased return to campus and in-person activity in Winter and Semester 2, please refer to the on-campus subjects page.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Term 1
Melbourne School of Professional and Continuing Education
Further information: https://handbook.unimelb.edu.au/2019/courses/mc-mgmt
Email: continuing-education@unimelb.edu.au
Phone: + 61 3 8344 0149
Monday to Friday 8am to 9pm AEST/AEDT. Weekends and University of Melbourne observed Public Holidays 10am to 5pm AEST/AEDT.
Academic Contact: Mr Jackson Yuen jctyuen@unimelb.edu.au
Term 3
Email: continuing-education@unimelb.edu.au
Phone: + 61 3 8344 0149
Contact hours: https://unimelb.edu.au/professional-development/contact-us
Term 4
Email: continuing-education@unimelb.edu.au
Phone: + 61 3 8344 0149
Contact hours: https://unimelb.edu.au/professional-development/contact-us
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
Availability | Term 1 - Online Term 3 - Online Term 4 - 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
Critical thinking skills through online discussion and written assessments, and in relation to the effectiveness of solutions;
Last updated: 9 April 2024
Eligibility and requirements
Prerequisites
Admission to one of:
- Graduate Certificate in Business
- Graduate Certificate in Applied Analytics
- Master of Applied Analytics
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
MGMT90141 | Business Analysis & Decision Making |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
Summer Term (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
Due to the impact of COVID-19, assessment may differ from that published in the Handbook. Students are reminded to check the subject assessment requirements published in the subject outline on the LMS
Description | Timing | Percentage |
---|---|---|
4 Quizzes: 20 multiple choice questions in each. End of weeks 2, 4, 6, and 8.
| Throughout the semester | 40% |
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% |
Two part examination
| End of term | 50% |
Last updated: 9 April 2024
Dates & times
- Term 1 - Online
Principal coordinator Jackson Yuen Mode of delivery Online Contact hours Total time commitment 170 hours Pre teaching start date 27 January 2020 Pre teaching requirements Orientation activities. Teaching period 3 February 2020 to 29 March 2020 Last self-enrol date 28 January 2020 Census date 21 February 2020 Last date to withdraw without fail 13 March 2020 Assessment period ends 5 April 2020 Term 1 contact information
Melbourne School of Professional and Continuing Education
Further information: https://handbook.unimelb.edu.au/2019/courses/mc-mgmt
Email: continuing-education@unimelb.edu.au
Phone: + 61 3 8344 0149
Monday to Friday 8am to 9pm AEST/AEDT. Weekends and University of Melbourne observed Public Holidays 10am to 5pm AEST/AEDT.
Academic Contact: Mr Jackson Yuen jctyuen@unimelb.edu.au
- Term 3 - Online
Principal coordinator Zahra Hosseinifard Mode of delivery Online Contact hours Total time commitment 170 hours Pre teaching start date 13 July 2020 Pre teaching requirements Orientation activities. Teaching period 20 July 2020 to 13 September 2020 Last self-enrol date 14 July 2020 Census date 7 August 2020 Last date to withdraw without fail 28 August 2020 Assessment period ends 20 September 2020 Term 3 contact information
Email: continuing-education@unimelb.edu.au
Phone: + 61 3 8344 0149
Contact hours: https://unimelb.edu.au/professional-development/contact-us
- Term 4 - Online
Coordinator Zahra Hosseinifard Mode of delivery Online Contact hours Total time commitment 170 hours Pre teaching start date 5 October 2020 Pre teaching requirements Orientation activities Teaching period 12 October 2020 to 6 December 2020 Last self-enrol date 6 October 2020 Census date 30 October 2020 Last date to withdraw without fail 20 November 2020 Assessment period ends 13 December 2020 Term 4 contact information
Email: continuing-education@unimelb.edu.au
Phone: + 61 3 8344 0149
Contact hours: https://unimelb.edu.au/professional-development/contact-us
Time commitment details
170 hours
Last updated: 9 April 2024
Further information
- Texts
Prescribed texts
Students will have access to electronic copies of relevant readings
- Related Handbook entries
This subject contributes to the following:
Type Name Course Graduate Certificate in Business - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 9 April 2024