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Unit outline_

BUSS6002: Data Science in Business

Semester 1, 2020 [Normal day] - Camperdown/Darlington, Sydney

Growing volumes of data and, more importantly, the computation power to analyse it are now widely recognised as key business assets. No single discipline has the tools to make the most of these assets. Instead successful "big data" capability requires (a) the ability to understand how data can (and often cannot) be used to generate new insights into substantive problems (b) knowledge of how data are generated and used and (c) the ability to understand connections between variables captured in data. This unit provides an overview of principles from the disciplines of Business Information Systems and Business Analytics, applied in the context of Marketing problems, relevant for using 'big data' in business planning, decision-making and operations.

Unit details and rules

Academic unit Business Analytics
Credit points 6
Prerequisites
? 
QBUS5001 or QBUS5002
Corequisites
? 
None
Prohibitions
? 
None
Assumed knowledge
? 

Basic knowledge of statistics, probability and linear algebra

Available to study abroad and exchange students

Yes

Teaching staff

Coordinator Jie Yin, jie.yin@sydney.edu.au
Lecturer(s) Fabian Held, fabian.held@sydney.edu.au
Manoj Thomas, manoj.thomas@sydney.edu.au
Stephen Tierney, stephen.tierney@sydney.edu.au
Jie Yin, jie.yin@sydney.edu.au
Type Description Weight Due Length
Final exam Final exam
n/a
50% Formal exam period 1.5 hours
Outcomes assessed: LO1 LO4 LO3 LO2
In-semester test Mid-semester exam
MCQ
25% Week 06 1 hour
Outcomes assessed: LO1 LO4 LO3 LO2
Assignment group assignment Assessment 1
Written and programming task
25% Week 13
Due date: 03 Jun 2020 at 12:00

Closing date: 10 Jun 2020
20-25 pages
Outcomes assessed: LO1 LO2 LO3 LO4 LO5
group assignment = group assignment ?

Assessment summary

  • Assessment 1: Students will complete this group assignment in a group (of a maximum of 3 members). This assignment will test students’ knowledge that they learnt from the whole course. Students need to analyse some real world data sets provided and report analytical results to give business decision making suggestions.
  • Mid-semester exam: Comprehensive exam that covers topics that students learnt from weeks 1-5. The exam questions will be multiple-choice questions.
  • Final exam: The final exam will assess all aspects of this unit from weeks 1-13. It will primarily test how familiar the students are with all the materials including some programming basics covered in this unit. The exam questions will be a mixture of multiple-choice questions, conceptual questions, and derivations.

Detailed information for each assessment can be found on Canvas.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name

Mark range

Description

High distinction

85 - 100

Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Distinction

75 - 84

Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Credit

65 - 74

Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Pass

50 - 64

Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Fail

0 - 49

When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

Academic integrity

The Current Student website provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

Use of generative artificial intelligence (AI) and automated writing tools

You may only use generative AI and automated writing tools in assessment tasks if you are permitted to by your unit coordinator. If you do use these tools, you must acknowledge this in your work, either in a footnote or an acknowledgement section. The assessment instructions or unit outline will give guidance of the types of tools that are permitted and how the tools should be used.

Your final submitted work must be your own, original work. You must acknowledge any use of generative AI tools that have been used in the assessment, and any material that forms part of your submission must be appropriately referenced. For guidance on how to acknowledge the use of AI, please refer to the AI in Education Canvas site.

The unapproved use of these tools or unacknowledged use will be considered a breach of the Academic Integrity Policy and penalties may apply.

Studiosity is permitted unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission as detailed on the Learning Hub’s Canvas page.

Outside assessment tasks, generative AI tools may be used to support your learning. The AI in Education Canvas site contains a number of productive ways that students are using AI to improve their learning.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

WK Topic Learning activity Learning outcomes
Week 01 Data science fundamentals 1 Lecture (2 hr) LO1 LO2 LO3 LO4
Introduction to Python Tutorial (2 hr) LO1 LO2 LO3 LO4
Week 02 Data science fundamentals 2 Lecture (2 hr) LO1 LO2 LO3 LO4
Data and visualisation 1 Tutorial (2 hr) LO1 LO2 LO3 LO4
Week 03 Data science fundamentals 3 Lecture (2 hr) LO1 LO2 LO3 LO4
Data and visualisation 2 Tutorial (2 hr) LO1 LO2 LO3 LO4
Week 04 Representation of data and modelling paradigms Lecture (2 hr) LO1 LO2 LO3 LO4
Data and visualisation 3 Tutorial (2 hr) LO1 LO2 LO3 LO4
Week 05 Predictive analytics 1 Lecture (2 hr) LO1 LO2 LO3 LO4
Databases Tutorial (2 hr) LO1 LO2 LO3 LO4
Week 07 Predictive analytics 2 Lecture (2 hr) LO1 LO2 LO3 LO4
Linear regression Tutorial (2 hr) LO1 LO2 LO3 LO4
Week 08 Model evaluation and selection techniques Lecture (2 hr) LO1 LO2 LO3 LO4
logistic regression Tutorial (2 hr) LO1 LO2 LO3 LO4
Week 09 Computing techniques for Big Data 1 Lecture (2 hr) LO1 LO2 LO3 LO4
Model selection Tutorial (2 hr) LO1 LO2 LO3 LO4
Week 10 Computing techniques for Big Data 2 Lecture (2 hr) LO1 LO2 LO3 LO4
Text analytics Tutorial (2 hr) LO1 LO2 LO3 LO4
Week 11 Big Data in marketing and text analytics Lecture (2 hr) LO1 LO2 LO3 LO4
Optimisation and subsampling Tutorial (2 hr) LO1 LO2 LO3 LO4
Week 12 Unsupervised learning and application Lecture (2 hr) LO1 LO2 LO3 LO4
MapReduce Tutorial (2 hr) LO1 LO2 LO3 LO4
Week 13 Customer analytics Lecture (2 hr) LO1 LO2 LO3 LO4
Clustering Tutorial (2 hr) LO1 LO2 LO3 LO4

Attendance and class requirements

Lecture recordings: All lectures are recorded and will be available on Canvas for student use. Please note the Business School does not own the system and cannot guarantee that the system will operate or that every class will be recorded. Students should ensure they attend and participate in all classes.

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

All readings for this unit can be accessed through Library eReserve, available on Canvas.

 

 

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. understand the importance of cross-disciplinary knowledge in solving business problems using business data
  • LO2. understand the opportunities and challenges when working with Big Data
  • LO3. use the state-of-the-art data analysis techniques and tools for Big Data
  • LO4. understand how the principles and tools from business information systems and business analytics can be applied in the context of marketing problems
  • LO5. work productively and collaboratively in a team.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
GQ1 GQ2 GQ3 GQ4 GQ5 GQ6 GQ7 GQ8 GQ9

This section outlines changes made to this unit following staff and student reviews.

Individual assignment is no longer part of assessment for this unit.

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.