Businesses typically collect large volumes of data with relative ease. However data are often meaningless until they are analysed for trends, patterns and relationships and then become useful information. This subject is designed to provide an integrated knowledge for understanding and managing information resources, building basic business intelligent system, interpreting business statistics, and developing practical decision models. It will equip students with decision-making tools and illustrate their applications. Acting on information to develop solutions and support decision-making is a key business skill.

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[Pre-requisite] 12CP OF POSTGRADUATE SUBJECTS

[Pre-requisite] 12CP OF POSTGRADUATE SUBJECTS Offerings: All

300104 Master of Data Science, 300504 Master of Data Science, 300604 Master of Data Science (Professional), 44404 Master of Engineering Management

300104 Master of Data Science, 300504 Master of Data Science, 300604 Master of Data Science (Professional), 44404 Master of Engineering Management Offerings: All

MA5840 - Data Science and Strategic Decision Making for Business

Data Science and Strategic Decision Making for Business

Critically evaluate information as an organisational resource and identify issues in managing data/information/knowledge

Apply graphical and numerical tools for organising, analysing, interpreting, and presenting data

Demonstrate the ability to integrate the knowledge of data science and associated tools with the knowledge of accounting and finance

Design, build and test computer based models for planning, decision making and control of business problems, Interpret model results, and make recommendations to stakeholders