MGMT5513 Data Driven Decision Making

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Non-standard teaching periodUWA (Perth)Face to face
Trimester 1UWA (Perth)Face to face
Trimester 2UWA (Perth)Face to face
Trimester 3UWA (Perth)Face to face
Trimester 2OnlineOnline
Content
An important role for managers today is to make sense of the large quantities of data that are readily available by transforming such data to information that improves decision making. This unit provides an understanding of the statistical tools and techniques available to managers to do this. The importance of communicating statistical findings in a non-technical way is emphasised. Topics include research design, sampling and data collection, data visualisation, an introduction to business analytics and examining business relationships through appropriate modelling.
Outcomes
Students are able to (1) identify fit-for-purpose statistical approaches to address management concerns; (2) explain data quality issues and collection methods; (3) use a range of appropriate statistical tools and techniques; (4) interpret statistical findings in a clear, concise and non-technical way; (5) translate statistical findings into managerial actions; and (6) critically appraise quantitative reporting.
Assessment
Typically this unit is assessed in the following ways: (1) mid-term quiz; (2) business report (team assessment); and (3) final examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Desmond Klass (TR1,TR2,TR3), Dr Catherine Leighton (NSTP)
Unit rules
Prerequisites:
ACCT5602 Accounting
or
MGMT5501 Organisational Behaviour;
and
enrolment in the Master of Business Administration (coursework);
or
approval from the Faculty of Business only, which will be determined with regard to relevant documented professional work experience.
Incompatibility:
MGMT5504 Data Analysis and Decision Making
Contact hours
lectures/seminars/workshops: up to 3 hours per week
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