Business Modelling and Analysis

FIN60003 12.5 Credit Points Hawthorn, Online, Sarawak Available to incoming Study Abroad and Exchange students

Duration

  • One Semester or equivalent

Contact hours

  • 36 hours

On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.

2022 teaching periods

Hawthorn

Higher Ed. Semester 1 Higher Ed. Semester 2

Dates:
28 Feb 22 - 29 May 22

Results:
5 Jul 22

Last self enrolment:
13 Mar 22

Census:
31 Mar 22

Last withdraw without fail:
15 Apr 22

Dates:
1 Aug 22 - 30 Oct 22

Results:
6 Dec 22

Last self enrolment:
14 Aug 22

Census:
31 Aug 22

Last withdraw without fail:
16 Sep 22


Prerequisites

Nil

Corequisites

Nil

Aims and objectives

This unit incorporates the application of statistical analysis tools to business problems, which is considered an essential skill for competitive advantage. This unit focuses on the application of statistical tools and concepts to real-world decision making in order to motivate students to learn, understand, utilise and communicate business statistics appropriately. To enhance students’ appreciation of the power of statistics emphasis is placed on calculator and computer based analysis. In particular this unit provides students with knowledge of statistical techniques and skills to analyse and interpret the results of statistical analysis.

Students who successfully complete this unit will be able to:
 
1 Apply coherent and advanced knowledge of the tools to aid business decision making
2 Critically analyse financial data and solve contemporary business problems
3 Implement problem solving, design and decision making methodologies to analyse and interpret a range of statistical outcomes to find solutions for real world business problems
4 Apply coherent and advanced knowledge of probability and regression techniques to facilitate accounting and finance research