2027 Unit information is now available. View 2027 unit information
Cradle Coast, Melbourne Study Centre, Hobart, Hong Kong Universal Ed, Launceston, Online, Shanghai Ocean University
Introduction
BEA140 Data Analysis for Business is a foundation unit in business statistics and the mathematics of finance, and is a core unit in the Bachelor of Economics (BEc) and Bachelor of Business (BBus) degrees. It is also a nominated elective in a wide range of other programs throughout the University of Tasmania.
This unit is intended to provide a background capacity in mathematics of finance and statistical description and analysis, appropriate for a business student. The unit also includes an introduction to the basic use of tools such as Excel as an aid to analysis and presentation. The focus of the unit is on the practical use of data in business and economic decision environments, especially in an environment of risk and uncertainty.
The unit is an introduction to the exciting world of applying mathematics and statistics to business problems. By studying a variety of examples based on real world problems, the unit highlights the application of quantitative methodologies to assist managers, and decision makers, in dimensioning and communicating risks and opportunities.
Summary
| Unit name | Data Analysis for Business |
| Unit code | BEA140 |
| Credit points | 12.5 |
| College/School | Tasmanian School of Business and Economics |
| Discipline | Economics|Mathematics |
| Coordinator | Associate Professor Mala Raghavan |
| Available as an elective? | Yes |
| Delivered By | University of Tasmania and Third Party(ies): ECA|Shanghai Ocean University AEIN Institute|Universal College of Higher Education Hong Kong |
| Level | Introductory |
Availability
| Location | Study period | Attendance options | Available to | ||
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| Cradle Coast | Semester 2 |
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| Melbourne Study Centre | Semester 2 |
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| Hobart | Semester 2 |
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| Hong Kong Universal Ed | Semester 2 |
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| Launceston | Semester 2 |
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| Online | Semester 2 |
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| Shanghai Ocean University | Shanghai Semester 1 |
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- Key:
- On-campus
- Off-Campus
- International students
- Domestic students
Note
Enrolment in units available at ECA Melbourne, Hong Kong Universal Ed, and Shanghai Ocean University is only available to eligible students studying at those corresponding locations.
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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
Key Dates
| Study Period | Start date | Census date | WW date | End date |
|---|---|---|---|---|
| Shanghai Semester 1 | 11/10/2026 | 16/11/2026 | 24/11/2026 | 7/1/2027 |
| Semester 2 | 5/7/2026 | 27/7/2026 | 30/8/2026 | 24/10/2026 |
* 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 2026 are indicative and subject to change. Finalised census dates for 2026 will be available from the 1st October 2025. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
Learning Outcomes
- Apply basic statistical concepts to common situations in business and economics.
- Inform and communicate evidence-based decisions using data description and probability concepts
- Draw conclusions and communicate properties about sample populations
- Quantify an association between two variables, explain variation and improve outcome prediction.
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 |
|---|---|---|---|---|
| 010103 | $592.00 | $592.00 | not applicable | $2,919.00 |
- 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 UniConnect 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
Mutual Exclusions
You cannot enrol in this unit as well as the following:
XPD105Teaching
| Teaching Pattern | There are 2-hour on campus and 1 hour online workshop weekly, commencing from week 1. |
|---|---|
| Assessment | Online Skill Checks (20%)|Assignment (40%)|Examination (40%) |
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
There are no prescribed texts for this unit. Lecture notes and other reading materials are available via MyLO. Additional material, including videos, will also be available on MyLO. |
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| Recommended | You may find it useful to consult alternative references as part of your study program. You may wish to take advantage of one of these as an additional source of worked examples, and for an alternate presentation of the material:
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The University reserves the right to amend or remove courses and unit availabilities, as appropriate.