Courses & Units

Data and Business Decision Making BEA674

Hobart

Introduction

Managers need an understanding of statistics for five key reasons: To properly collect, present, describe and interpret information. To draw valid conclusions from incomplete data - typically about large populations based only on information obtained from samples. To obtain reliable forecasts. To improve business processes. To provide a framework for dealing with risk and uncertainty. These five reasons form the basis of the structure and content of Data and Business Decision Making. The use of mathematics and arithmetical calculations are kept to a minimum for selected topics by using the Microsoft Excel spreadsheet package. The unit focusses on the interpretation and application of the various techniques studied.

Summary

Unit name	Data and Business Decision Making
Unit code	BEA674
Credit points	12.5
College/School	College of Business & Economics Tasmanian School of Business and Economics
Discipline	Finance
Coordinator	Doctor Richard Mawulawoe Ahadzie
Delivered By	Delivered wholly by the provider
Level	Postgraduate

Availability

Location	Study period	Attendance options		Available to
Hobart	Semester 1	On-Campus	Off-Campus	International International	Domestic Domestic
Hobart	Semester 2	On-Campus	Off-Campus	International International	Domestic Domestic

Key

: On-campus
: Off-Campus
: International students
: Domestic students

Key Dates

Study Period	Start date	Census date	WW date	End date
Semester 1	22/2/2021	23/3/2021	12/4/2021	30/5/2021
Semester 2	12/7/2021	10/8/2021	30/8/2021	17/10/2021

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (refer to How do I withdraw from a unit? for more information).

Unit census dates currently displaying for 2021 are indicative and subject to change. Finalised census dates for 2021 will be available from the 1st October 2020. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

Illustrate how key statistical concepts apply to business environments.
Appraise and apply various statistical techniques to critically analyse a range of business problems.
Organise and communicate statistical findings to provide relevant recommendations for business decision making.

Fee Information

Field of Education	Commencing Student Contribution ^1,3	Grandfathered Student Contribution ^1,3	Approved Pathway Course Student Contribution ^2,3	Domestic Full Fee ⁴
020303	$993.00	$993.00	not applicable	$2,702.00

Available as a Commonwealth Supported Place
HECS-HELP is available on this unit, depending on your eligibility³
FEE-HELP is available on this unit, depending on your eligibility⁴

¹ Please refer to more information on student contribution amounts.
² Please refer to more information on eligibility and Approved Pathway courses.
³ Please refer to more information on eligibility for HECS-HELP.
⁴ Please refer to more information on eligibility for FEE-HELP.

If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.

Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.

Requisites

Prerequisites

N/A

Mutual Exclusions

You cannot enrol in this unit as well as the following:

BEA681 AND BEA654

Teaching

Assessment	Assessment Task 2: Mid-Semester Test (15%)\|Assessment Task 3: Examination (60%)\|Assessment Task 1: Online Quiz (5%)\|Assessment Task 4: Report (20%)
Timetable	View the lecture timetable \| View the full unit timetable

Textbooks

Required	You will need the following text [available from the Co-op Bookshop]: Levine, D., Stephan, D. and Szabat, K. (2016). Statistics for Managers Using Microsoft Excel. 8th ed. New Jersey: Prentice Hall, Upper Saddle River. The e-book can be purchased at https://www.pearson.com.au/9781292156361
Recommended	Bowerman, B., O'Connel, R. and Murphree, E. (2011). Business Statistics in Practice. 6th ed. New York: The McGraw-Hill Companies Inc. 1221 Avenue of the Americas. McClave, T., Benson, G. and Sincich, T. (2005). Statistics for Business and Economics. 9th ed. New Jersey: Prentice Hall, Upper Saddle River
Links	Booktopia textbook finder

Required

You will need the following text [available from the Co-op Bookshop]:

Levine, D., Stephan, D. and Szabat, K. (2016). Statistics for Managers Using Microsoft Excel. 8th ed. New Jersey: Prentice Hall, Upper Saddle River.

The e-book can be purchased at https://www.pearson.com.au/9781292156361

Recommended

Bowerman, B., O'Connel, R. and Murphree, E. (2011). Business Statistics in Practice. 6th ed. New York: The McGraw-Hill Companies Inc. 1221 Avenue of the Americas.

McClave, T., Benson, G. and Sincich, T. (2005). Statistics for Business and Economics. 9th ed. New Jersey: Prentice Hall, Upper Saddle River

Links

Booktopia textbook finder

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