This unit introduces students to the strategic use of data in modern business decision-making. Exploring five essential analytical dimensions—descriptive (what happened), diagnostic (why it happened), predictive (what may happen), prescriptive (how to make it happen), and emerging analytics (the evolving field of analytics) —the unit provides a comprehensive foundation in data analysis methodologies. Designed for those new to data-driven decision making, students will learn to effectively describe, analyse, evaluate, visualise, and communicate data in contemporary business contexts to enhance managerial decision-making. The curriculum balances theoretical frameworks with practical applications, offering both conceptual understanding and hands-on experience with industry-standard tools through structured, interactive workshops. No programming knowledge is required, though familiarity with Excel is necessary. This practical, industry-relevant approach equips students with immediately applicable skills for translating raw data into actionable business intelligence, positioning them to make more informed strategic decisions in today's data-rich business environment.
Unit details and rules
| Academic unit | Finance |
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| Credit points | 6 |
| Prerequisites
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None |
| Corequisites
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DMBA6001 |
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Prohibitions
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None |
| Assumed knowledge
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None |
| Available to study abroad and exchange students | No |
Teaching staff
| Coordinator | Andrew Grant, andrew.grant@sydney.edu.au |
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