BUS5PB

PRINCIPLES OF BUSINESS ANALYTICS

BUS5PB

2016

Credit points: 15

Subject outline

This subject introduces you to the broad field of business analytics with a strong focus on practical outcomes that are directly applicable to a business environment. It will deliver a comprehensive understanding of current theories, frameworks, applications and technologies that support the modern data-driven decision-making process. You will gain hands-on experience in SAP Lumira, IBM Cognos Insight and Microsoft Power BI as you will use these software packages to design and develop analytics solutions for business problems. The managerial role in planning and implementing business analytics initiatives, methods to capture and measure the business value of analytics and the emerging role of analytics in business performance management (BPM) are also explored in this subject. Upon completion of this subject, you will be able to identify business problems that can be transformed using analytics solutions, understand major issues in implementation, describe the tools from frameworks to techniques, determine business value of analytics outcomes and also appreciate its role in BPM.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorDaswin De Silva

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules

Prerequisites N/A

Co-requisites BUS5BIM and BUS5MMS and BUS5AFS

Incompatible subjects N/A

Equivalent subjects N/A

Special conditionsN/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsData Science for Business: What you need to know about data mining and data analytic thinkingRecommendedProvost and FawcettO'Reilly Media
ReadingsBusiness Intelligence and Analytics: Systems for Decision SupportRecommendedSharda, Delen and TurbanPrentice Hall
ReadingsThe Value of Business Analytics: Identifying the Path to ProfitabilityRecommendedStubbsWiley

Graduate capabilities & intended learning outcomes

01. Identify the purpose of analytics within a business environment, and describe the importance, technologies and implementation issues of business analytics.

Activities:
Lectures and Workshops
Related graduate capabilities and elements:
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

02. Understand the function of key elements of a typical analytics solution; the architecture, data management, data analytics, reports and dashboards, as well as the role of management and end-users.

Activities:
Lectures, Workshops and Assignments
Related graduate capabilities and elements:
Literacies and Communication Skills(Writing)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

03. Recognise the requirements, methodologies and technologies for analytics-based business performance management.

Activities:
Lectures and Workshops
Related graduate capabilities and elements:
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

Subject options

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Start date between: and    Key dates

City Campus, 2016, Semester 1, Night

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorKok-Leong Ong

Class requirements

Lecture/WorkshopWeek: 10 - 22
One 3.0 hours lecture/workshop per week at night from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
Report, Business analytics in the industryThis assessment is similar to a 'report on statistical/data analysis' (word count not directly applicable; broadly equivalent to 1500)3001
Assignment, Reporting and dashboarding using Cognos and Power BIThis assessment is similar to a 'report on statistical/data analysis' (word count not directly applicable; broadly equivalent to 2000)4001, 02
Case study, analytics in BPM1500 - 2500 words3003

City Campus, 2016, Semester 2, Night

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorKok-Leong Ong

Class requirements

Lecture/PracticalWeek: 31 - 43
One 3.0 hours lecture/practical per week on weekdays at night from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
Report, Business analytics in the industryThis assessment is similar to a 'report on statistical/data analysis' (word count not directly applicable; broadly equivalent to 1500)3001
Assignment, Reporting and dashboarding using Cognos and Power BIThis assessment is similar to a 'report on statistical/data analysis' (word count not directly applicable; broadly equivalent to 2000)4001, 02
Case study, analytics in BPM1500 - 2500 words3003

City Campus, 2016, Summer, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorDaswin De Silva

Class requirements

Lecture/WorkshopWeek: 48 - 48
One 7.0 hours lecture/workshop per day on weekdays during the day from week 48 to week 48 and delivered via online.

Assessments

Assessment elementComments%ILO*
Report, Business analytics in the industryThis assessment is similar to a 'report on statistical/data analysis' (word count not directly applicable; broadly equivalent to 1500)3001
Assignment, Reporting and dashboarding using Cognos and Power BIThis assessment is similar to a 'report on statistical/data analysis' (word count not directly applicable; broadly equivalent to 2000)4001, 02
Case study, analytics in BPM1500 - 2500 words3003