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Introduction to Business Problems (BUSA90499)
Graduate courseworkPoints: 12.5On Campus (Parkville)
Overview
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This subject is the introduction to the program of Masters in Business Analytics. The subject will focus on two issues: (I) introduce students to business problems that are best addressed with analytics and the complexities of business problems, and (2) the complexities of possible solutions to those problems. To address the implementation of those solutions, team processes will be examined and project management tools will be provided.
Students will be presented with a data set and a case study of an organization facing a significant business problem. Students will be asked to prepare possible solutions to the problem, which will be revisited in the Business Analytics Applications subject at the end of their program of study. Assessment in this subject will focus on the team processes and project management tools applied to this case study.
Intended learning outcomes
On completion of this subject, the student should be able to:
- Understand the wide variety of business problems that are best addressed with analytics.
- Define business problems in ways that are insightful.
- Understand the complexity of business problems, and solutions to those problems.
- Understand the complexity of business data.
- Understand the complexity of implementing solutions to business problems.
- Understand the multitude of organisational stakeholders, and their different, and often opposite, objective functions.
- Understand the complexity of managing the implementation of analytics projects.
Last updated: 31 January 2024