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Statistical Learning for Business (BUSA90536)
Graduate courseworkPoints: 12.5On Campus (Parkville)
To learn more, visit 2023 Course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Overview
Availability | March July |
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Fees | Look up fees |
With the explosion of available data, statistical learning, which refers to the analysis of complex datasets, has become an important field in many business contexts including marketing, finance, and even human resource management. The aim of this component and the follow-on component in Advanced Business Analytics is to help students learn how to extract relevant information from large amounts of complex data to make improved business decisions. Topics covered in this component include data exploration, resampling methods, linear and nonlinear regression, parametric classification techniques and model selection.
Intended learning outcomes
On completion of this subject, students should be able to:
- Determine which techniques to apply to different types of data.
- Analyse large datasets and convert raw data into relevant information for management decisions, using parametric and semi-parametric methods.
- Develop presentation skills to convey this information to a non-technical audience.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
Admissions
Admission into one of the following: MC-BUSANA Master of Business Analytics, GD-BUSANA Graduate Diploma in Business Analytics, GC-BUSANA Graduate Certificate in Business Analytics, PR-BUSANA Professional Certificate in Business Analytics
Students admitted to the MBA course may enrol in this subject as an elective subject. Students are required to achieve 70% or above in Data Analysis
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: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
3 x individual in-class quizzes
| From Week 3 to Week 7 | 20% |
Syndicate assignment
| Second half of the teaching period | 30% |
Final Examination
| Week 9 | 50% |
Last updated: 31 January 2024
Dates & times
- March
Mode of delivery On Campus (Parkville) Contact hours Total time commitment 170 hours Teaching period 13 March 2023 to 5 May 2023 Last self-enrol date 23 March 2023 Census date 31 March 2023 Last date to withdraw without fail 21 April 2023 Assessment period ends 12 May 2023 - July
Mode of delivery On Campus (Parkville) Contact hours Total time commitment 170 hours Pre teaching start date 26 June 2023 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during the pre-teaching period Teaching period 3 July 2023 to 8 September 2023 Last self-enrol date 15 June 2023 Census date 14 July 2023 Last date to withdraw without fail 18 August 2023 Assessment period ends 15 September 2023
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 31 January 2024
Further information
- Texts
Prescribed texts
There are no specifically prescribed or recommended texts for this subject.
Last updated: 31 January 2024