Minor
Business Analytics is concerned with using business data to develop new insights and understanding. It involves extracting, summarising and applying information from rich data sets readily available in today's business environment. Managers in this field are able to make better business decisions based on quantitative information and models.
Businesses today are drowning in data and information. There is currently a shortage of analytic experts with the ability to analyse data and create decision-making models. Your strong quantitative skills will be in high demand due to fast growing areas of online analytics, data mining, market segmentation, customer analytics and business intelligence.
Our Business Analytics minor has an applied focus. You will deal with actual business data and use tools to take a structured approach to problem-solving and optimal decision making. You will learn to analyse business data accurately and scientifically to provide real, practical insights.
We offer a range of subject options to suit all interests, whether you want to learn data-analysis skills for business modelling and decision making or have a general interest in how businesses can analyse their operations. These skills will also enhance and complement your employability when combined with other business study areas.
In the 21st century, professionals with analytical skills will play an increasingly important role in improving the efficiency of modern organisations.
About this minor
To achieve a minor in Business Analytics, students must complete 36 credit points in units of study, as follows:
(1) two 1000-level core units of study (12 credit points):
- Foundations of Business Analytics
- Quantitative Business Analysis. *
(2) three 2000-level core units of study (18 credit points):
- Management Science
- Predictive Analytics
- Statistical Modelling for Business.
(3) one 3000-level selective unit of study (6 credit points):
- Advanced Analytics
- Advanced Management Science
- Choice Modelling
- Machine Learning and Data Mining
- Methods of Decision Analysis
- Operations Management
- Project Planning and Management
- Supply Chain Management
- Time Series and Forecasting.
* Note. Instead of Quantitative Business Analysis: Students not enrolled in the Bachelor of Commerce or Bachelor of Commerce and Bachelor of Advanced Studies who select this minor can substitute an approved alternative unit of study to meet this requirement - refer to the Interdisciplinary Studies handbook for details.
Note. Not all selective units will be available each year.
Career pathways
In the 21st century, professionals with analytical skills will play an increasingly important role in improving the efficiency of modern organisations. Graduates equipped with the analytical skills obtained from the Business Analytics minor can pursue careers across a wide range of areas, including:
- Consulting
- Data analyst
- Commercial and investment banking
- Logistics and supply chain management
- Market research
- Retail analytics
- Government departments
Courses that offer this major
The course information on this website applies only to future students. Current students should refer to faculty handbooks for current or past course information.
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