Quantitative Business Analysis (Master of Commerce)
Description
The Quantitative Business Analysis specialisation is for students who wish to master the tools of quantitative analysis and apply them in a business setting. This involves building models of business problems and analysing business data. In today's business environment, there are often great amounts of data available, but few people with the skills to realise its profit potential. There are opportunities to apply sophisticated analytical approaches in many different functional areas, such as in accounting, marketing, finance and operations.
Please Note: The following requirements for the specialisation are for students commencing or transferring into the Master of Commerce in 2012. Students who commenced in 2011 should refer to the details listed below under "Information for pre-2012 continuing students".
Requirements for the specialisation (2012 commencing students)
To be awarded a specialisation in Quantitative Business Analysis, students complete five units of study (30 credit points), comprising:
(i) one foundational unit of study (six credit points), as follows:
- QBUS5001 Quantitative Methods for Business (new unit for 2012)
(ii) four elective units of study (24 credit points) selected from the following units:
- QBUS6310 Business Operations Analysis (new unit for 2012)
- QBUS6320 Management Decision Making (new unit for 2012)
- QBUS6810 Statistical Learning and Data Mining (new unit for 2012)
- QBUS6820 Business Risk Management (new unit for 2012)
- QBUS6830 Financial Time Series and Forecasting (new unit for 2012)
Note: Non-foundational units of study can be used to count to one specialisation only. For example, QBUS6320 cannot be used to count towards both a Project Management and Quantitative Business Analysis specialisation.
Information for pre-2012 continuing students
Students who commenced study in the Master of Commerce in 2011 may choose to complete their specialisation according to the information set out above or can choose to complete according to the information set out in the following downloadable PDF which lists the 2011 structure. Students should also refer to the handbook of the year they commenced study for exact details of their specialisation requirements.
Availability of this specialisation
This version of this specialisation is available under the following degrees:
- Master of Commerce
- Master of Commerce and Master of Logistics Management
- Master of International Business and Master of Commerce
Students enrolled in the Graduate Diploma in Commerce or the Master of Professional Accounting may choose units from this specialisation subject area as electives in their course.