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Managerial Decision Analytics (MGMT90280)
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
Semester 1
Medo Pournader - mpournader@unimelb.edu.au
Semester 2
A/Prof Lusheng Shao - lusheng.shao@unimelb.edu.au
Overview
Availability | Semester 1 Semester 2 |
---|---|
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 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
Corequisites
Non-allowed subjects
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 |
---|---|---|
Mid-Semester Test
| Mid semester | 20% |
Group assignment (groups of 4-6)
| Second half of the teaching period | 25% |
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
Coordinator Medo Pournader Mode of delivery On Campus (Parkville) Contact hours Total time commitment 170 hours Teaching period 27 February 2023 to 28 May 2023 Last self-enrol date 10 March 2023 Census date 31 March 2023 Last date to withdraw without fail 5 May 2023 Assessment period ends 23 June 2023 Semester 1 contact information
Medo Pournader - mpournader@unimelb.edu.au
- Semester 2
Coordinator Lusheng Shao Mode of delivery On Campus (Parkville) Contact hours Total time commitment 170 hours Teaching period 24 July 2023 to 22 October 2023 Last self-enrol date 4 August 2023 Census date 31 August 2023 Last date to withdraw without fail 22 September 2023 Assessment period ends 17 November 2023 Semester 2 contact information
A/Prof Lusheng Shao - lusheng.shao@unimelb.edu.au
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: 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 (Human Resources) Course Master of Management (Marketing) Course Master of Management - 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