Quant Analysis for Managerial Decisions (MGMT90048)

Graduate courseworkPoints: 12.5Not available in 2025

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Overview

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This subject involves skill building in statistical and decision analysis methods for managers, including probability, decision trees and linear programming, and correlation and regression techniques.

Intended learning outcomes

Students who successfully complete this subject should:

  • Understand the role of statistical analysis in managerial decision making
  • Appreciate decision modeling as a way of learning about commercial decisions
  • Understand utility and other models for understanding complex decisions
  • Be able to formulate linear programs to model business decisions
  • Appreciate a range of management science models

Generic skills

On successful completion of this subject students should have enhanced their skills in:

  • Ethical behaviour in leadership and organisations
  • Analysis and problem solving
  • Capacity for intellectual curiosity, creativity and independent thought
  • Communication of key ideas and theories within the discipline areas
  • Capacity for effective teamwork and collaboration
  • Information retrieval and application in relation to practical problems.

Last updated: 4 March 2025

Eligibility and requirements

Prerequisites

Admission into the MC-ENT Master of Enterprise

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: 4 March 2025

Assessment

DescriptionTimingPercentage

Take-home exam

  • 1000 words (equivalent)
Due on the Tuesday after the delivery20%

Assignment

  • 15,00 words
4 Weeks after the end of teaching30%

Field project

  • 3,000 words
8 Weeks after the end of teaching50%

Last updated: 4 March 2025

Dates & times

Not available in 2025

Time commitment details

Estimated total time commitment of 170 hours per semester

Last updated: 4 March 2025

Further information

  • Texts

    Prescribed texts

    Course materials are provided to all participants

  • Links to additional information

    http://mbs.unimelb.edu.au/study/degrees/master-of-enterprise/overview

  • Available to Study Abroad and/or Study Exchange Students

    This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.

Last updated: 4 March 2025