- ONLINE SHORT COURSE
- 6 WEEKS (5-8HRS/WK)
- $2,650
- START:
Master the art of data-driven decision making
Develop essential skills in business analytics to gain a powerful advantage in your role with the Data Analytics for Business Professionals short course from Melbourne Business School Online.
Become a data-driven decision-maker who can appraise the language of data analysis, measure the relationships between variables, and solve business problems using optimisation models. Avoid making costly mistakes by understanding the process and advantages of data-driven decision-making.
Business professionals overseeing complex systems, processes and resource allocations will benefit from technical data analytics skills to better inform their own choices, but also allow them to work confidently alongside business analytics teams on larger data sets.
This short course uses Excel, general math and statistics, and the art of data storytelling to help create a data-informed business narrative that will help persuade stakeholders.
This course was developed by a team of academics who deliver Australia's #1 ranked MBA and Master of Business Analytics programs*. They have distilled the key practical skills and essential knowledge to help quickly equip professionals with critical data analytics capability.
*QS World University Rankings, 2023
Who should enrol
Mid- career to senior professionals
This course will help professionals who have access to organisational data sets, and are part of strategic planning, operational management, and commercial forecasting.
Tailored for mid-level professionals or managers from a variety of sectors who want to leverage data literacy within their role. It is also well positioned for business owners, entrepreneurs or professionals in IT and technology industries seeking data-driven insights to improve their organisational outcomes.
Why study the Data Analytics for Business Professionals short course?
Master data analytics to improve operational performance.
Acquire practical business analytics skills
Identify new market opportunities and growth areas for your organisation
What you will study in the data analytics for business professional course?
Identify how organisations extract value from data analytics and explore what it means to be a data driven decision-maker.
Explore the language of data analysis and distinguish between population and data distributions.
Explore the key ideas behind statical variation and hypothesis testing and use the key ideas to make evident based judgements.
Use data to measure the relationships between two variables and examine the importance of correlation in business decisions.
Formulate business problems as optimisation models for best decisions.
Examine the concept of sensitivity analysis in linear programming and develop the skill to model more complex business problems..
Teaching Team
Yalçın Akçay
Professor, Melbourne Business School
Yalçın teaches Business Analytics in the MBA programs. He holds a dual-title PhD in Business Administration and Operations Research (Pennsylvania State University) and his research has been published in leading academic journals.
"I am absolutely thrilled to dive into the Analytics Mindset module with you where we explore strategic aspects that shape how we leverage data for smarter, more insightful decision-making in the business world."
Michael Smith
Professor, Melbourne Business School
Michael is a Professor of Econometrics at Melbourne Business School. Prior to joining MBS, he was an Australian Research Council Future Fellow, and a co-director of the University of Melbourne’s Bayesian Analysis and Modeling research group. He has held visiting positions at London Business School, the Wharton School, McCombs School of Business, the University of Munich and University College London.
Gerardo Berbeglia
Associate Professor, Melbourne Business School
Gerardo has a PhD in Operations Research (Université de Montréal). Previously, he was a Senior Scientist at ExPretio Technologies Inc and a Postdoctoral Fellow at McGill University.
Gerardo teaches Operations, Optimisation and Decision Making, and Supply Chain Analytics on the MBA and Master of Business Analytics program. He received the MBS Teaching Excellence Award in 2019, 2020, and 2021.
Frequently asked questions
The course fee is $2,650.
Live sessions are an important and valuable part of the Melbourne Business School Online learning experience. Whatever the form of the live session, whether a lecture, a panel discussion with experts, working through relevant case studies, or receiving a practical demonstration of a tool, each live session is purpose built, interactive and highly beneficial to attend live.
We want everyone to be able to participate in our learning community, even if you can't make it to the live sessions. That's why we record all our sessions and make them available to watch later.
Please be aware:
1. dates and times may be subject to change
2. times given are local Melbourne time (AEST)
The current scheduled live session are as follows:
- Wednesday 31 July: 6.00pm-7.00pm
- Wednesday 7 August: 6.00pm-7.00pm
- Wednesday 14 August: 6.00pm-7.00pm
- Wednesday 21 August: 6.00pm-7.00pm
- Wednesday 28 August: 6.00pm-7.00pm
- Wednesday 4 September: 6.00pm-7.00pm
You will need access to a recent version of Excel for some of the activities you'll be undertaking in this course.
There will be an orientation module in the first week of the course, which we strongly recommend you work through to set yourself up for success in the program.
Every short course will start with an orientation module that opens at 3pm (local Melbourne time) on the Thursday prior to Monday’s official course start date.
Melbourne Business School Online will release the first module of the course at 9am (local Melbourne time) on Monday of the course start.
Melbourne Business School Online will accept enrolments up until 12pm mid-day (local Melbourne time) on the Monday (start date).
Melbourne Business School is jointly owned by the business community and the University of Melbourne. Melbourne Business School is the approved provider of a range of University of Melbourne degree programs. This short course is not delivered on behalf of, or by, the University of Melbourne, and does not provide credit towards a University of Melbourne degree program.
Yes, there will be an assessment component which will enable you to further build on your skills throughout the program.
There are no formal pre-requisites in this course. Please note that maths and statistics forms part of many activities throughout, so basic numeracy skills are highly recommended. You'll also need access to a recent version of Excel.
This course is highly immersive. You will be able to interact with a network of likeminded peers via a mix of peer-to-peer discussions and live online sessions.
Upon successful completion you will receive a Melbourne Business School Certificate of Completion. Your certificate takes the form of a shareable digital badge. This provides you the opportunity to showcase to the world your newly acquired skills and serves as a digital record of your achievement.
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