Data Analysis and Decision Modelling
Subject code: CO5724
Data is often meaningless until analysed for trends, patterns and relationships. This subject is designed to provide integrated knowledge for understanding and managing data information resources, building basic business intelligent system, interpreting business statistics, and developing practical decision models. It will equip you with decision-making tools and illustrate their applications. Acting on information to develop solutions and support decision-making is a key skill in today’s changing business landscape.
Learning outcomes
Upon completing this subject, you will be able to:
- Explain the importance of information as an organisational resource and develop an appreciation for issues in managing data/knowledge
- Apply graphical and numerical tools for organising, analysing, interpreting and presenting data
- Design, build and test computer-based models for planning, decision making and control of business problems, interpret model results, and make recommendations to stakeholders
- Integrate the knowledge of Microsoft Excel and other applications with knowledge of accounting and finance.
Assessment
Assessment for this course will occur at various times across the seven-week study period. Tasks may include online quizzes, discussion board activity, portfolio development, case studies, reflection, literature reviews presentations and reports. Feedback will be provided to you throughout the study period as well as a final grade at the conclusion of the study period.
This subject forms part of Data-driven Decision Making - one of three key areas studied in the online Master of Business Administration Global.
Please note, course structure and content are subject to change. For information on all course subjects download the course guide.
