MGMT5504 Data Analysis and Decision Making
- 6 points
If this unit does not have an online alternative, then students who are presently unable to enter Western Australia and whose studies would be delayed by an inability to complete this unit, should contact the unit coordinator (details given on this page) to ascertain, on an individual case-by-case basis, if alternate arrangements can be made to support their study in this unit.
Availability Location Mode Semester 1 UWA (Perth) Face to face Predominantly face-to-face. On campus attendance required to complete this unit. May have accompanying resources online. Semester 2 Online Online flexible 100% Online Unit. NO campus face-to-face attendance is required to complete this unit. All study requirements are online only. Unit is asynchronous delivery, with NO requirement for students to participate online at specific times.
- This unit introduces data analysis and decision-making tools that students are able to use to manage their own day-to-day work. Students are able to identify situations in which quantitative analysis can support problem solving and decision making. They also gain practical experience in applying statistical and decision analysis techniques and statistical packages (generally Excel) in management contexts. Topics include introduction to modelling of organisations and business problems, measurement, variability, uncertainty, statistical tests and quantitative approaches to decision making. The unit provides a foundation for quantitative techniques used in other master's degree units.
- 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; (6) critically appraise quantitative reporting; and (7) communicate decision analysis results to stakeholders.
- Indicative assessments in this unit are as follows: (1) quizzes; (2) statistics in practice project; and (3) examination. Further information is available in the unit outline.
Supplementary assessment is not available in this unit.
- Unit Coordinator(s)
- Associate Professor Doina Olaru (Co-ordinator)
- Unit rules
- MGMT5513 Data Driven Decision Making
- Contact hours
- lectures/seminars/workshops: up to 3 hours per week
- The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
- All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
- Unit readings, including any essential textbooks, are listed in the unit outline for each unit, one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook one week prior the commencement of study. Reading lists and essential textbooks are subject to change each semester. Information on essential textbooks will also be made available on the Essential Textbooks. This website is updated regularly in the lead up to semester so content may change. It is recommended that students purchase essential textbooks for convenience due to the frequency with which they will be required during the unit. A limited number of textbooks will be made available from the Library in print and will also be made available online wherever possible. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus.