Business Analytics
Available to incoming Study Abroad and Exchange students
Overview
Students will develop and enhance their conceptual and practical understanding in data analytics in a business context. Students will have an opportunity to immerse themselves in problem-solving activities requiring lateral and critical thinking by exploring structured and unstructured data, considering and applying the appropriate analytic techniques using a software programming environment for statistical computing (such as R) and visualisation tools and approaching organisational problems through data-driven decision-making processes.
Requisites
Teaching periods
Location
Start and end dates
Last self-enrolment date
Census date
Last withdraw without fail date
Results released date
Learning outcomes
Students who successfully complete this unit will be able to:
- Demonstrate an understanding of the roles of business analytics in various organisational contexts
- Synthesise and develop appropriate business solution scenarios using appropriate analytics and visualisation techniques
- Analyse business problems and define the data requirements and business rules associated with the data-driven problem-solving approaches
- Demonstrate critical thinking and problem solving through statistical computing and visualization
- Communicate effectively as a professional and function as an effective leader or member of a team
Teaching methods
Hawthorn
Type | Hours per week | Number of weeks | Total (number of hours) |
---|---|---|---|
Face to Face Contact (Phasing out) Tutorial Labs | 2.00 | 12 weeks | 24 |
Online Directed Online Learning and Independent Learning | 1.00 | 12 weeks | 12 |
Unspecified Learning Activities (Phasing out) Independent Learning | 9.50 | 12 weeks | 114 |
TOTAL | 150 |
Assessment
Type | Task | Weighting | ULO's |
---|---|---|---|
Problem Solving | Individual | 20 - 30% | 3,4 |
Project | Group | 30 - 50% | 1,2,3,4,5 |
Project | Individual | 30 - 40% | 2,3,4 |
Content
- Use of and value of analytics in Business divisions, management functions, different management levels, performance management
- Business rules vs business data requirements
- Marketing analytics, financial analytics, sports analytics, geospatial analytics, security analytics, health analytics, Social Network Analysis (SNA), etc
- Multi-platform analytics (mobile, cloud, Enterprise Resource Planning (ERP))
- Data visualisation, dashboard design, storyboarding with analytics
- Data-driven decision making vs Intuitive decision making
- Introduction to advanced analytics: Predictive, Prescriptive, sentiment analytics, geospatial analytics
- Forecasting and predictive analytics, scenario planning
- Fast data, data lake, social media data, open data
Study resources
Reading materials
A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.