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Managerial Decision Analytics (MGMT90280)
Graduate courseworkPoints: 12.5Online and Dual-Delivery (Parkville)
Please refer to the return to campus page for more information on these delivery modes and students who can enrol in each mode based on their location.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Overview
Availability | Semester 1 - Online Semester 2 - Dual-Delivery |
---|---|
Fees | Look up fees |
With the explosion of data, it is critical that businesses harness the right analytical tools to make effective use of the available data. This subject is designed to equip students with a range of tools and techniques that are necessary for effective decision making. Key topics covered include both prescriptive analytics (e.g., linear optimisation, nonlinear optimisation, and Monte Carlo simulation) and predictive analytics (e.g., forecasting, logistic regression, classification and regression trees). Emphasis will be given to potential applications of these tools and techniques in various functional areas including international business, marketing, supply chain, and strategy.
Intended learning outcomes
On successful completion of this marketing subject, students should be able to:
- Develop the competence required to evaluate a business problem from an analytical perspective
- Understand new decision analytics and emerging technologies and their potential in the workplace
- Appreciate software capabilities used for business analysis
- Apply the methods, tools and techniques learned to real word business problems
- Understand and evaluate the power and limitations of optimisation and data analytical techniques
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Problem-solving skills through written exercises and case discussions
- Critical thinking skills through written exercises, case discussions, and the selection of reading materials
- Teamwork skills through group assignments and team-based exercises
- Verbal and written communication skills through discussion, presentation and written exercises
- Research skills through the search and review of literature and preparation of the written exercises
- Analytical skills through analyzing the data, and the frameworks and tools that will be learned
Last updated: 9 April 2024
Eligibility and requirements
Prerequisites
None
Corequisites
None
Non-allowed subjects
None
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 |
---|---|---|
Individual assignment
| Mid semester | 15% |
Group assignment (groups of 4-6)
| Second half of the teaching period | 30% |
Group presentation (groups of 4-6)
| Second half of the teaching period | 5% |
End of semester exam
| During the examination period | 50% |
Last updated: 9 April 2024
Dates & times
- Semester 1 - Online
Coordinator Lusheng Shao Mode of delivery Online Contact hours Total time commitment 170 hours Teaching period 1 March 2021 to 30 May 2021 Last self-enrol date 12 March 2021 Census date 31 March 2021 Last date to withdraw without fail 7 May 2021 Assessment period ends 25 June 2021 Semester 1 contact information
- Semester 2 - Dual-Delivery
Coordinator Lusheng Shao Mode of delivery Dual-Delivery (Parkville) Contact hours Total time commitment 170 hours Teaching period 26 July 2021 to 24 October 2021 Last self-enrol date 6 August 2021 Census date 31 August 2021 Last date to withdraw without fail 24 September 2021 Assessment period ends 19 November 2021
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 Master of Management Course Master of Management (Marketing) Course Master of Management (Human Resources) - 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