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

  • 24 hours face to face + blended

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

2023 teaching periods

Hawthorn

Higher Ed. Semester 1		 Hawthorn

Higher Ed. Semester 2

Dates:
27 Feb 23 - 28 May 23

Results:
4 Jul 23

Last self enrolment:
12 Mar 23

Census:
31 Mar 23

Last withdraw without fail:
14 Apr 23

Dates:
31 Jul 23 - 29 Oct 23

Results:
5 Dec 23

Last self enrolment:
13 Aug 23

Census:
31 Aug 23

Last withdraw without fail:
15 Sep 23

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.

Unit Learning Outcomes (ULO)
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