CO3815 - Modelling Business Decisions 2

Credit points:	03
Year:	2006
Student Contribution Band:	Band 2
Administered by:

Subject to the prescribed prerequisite subjects having been completed, there are no restrictions on enrolment in this subject.

This subject addresses the advanced concepts in modelling business decisions to enhance decision making in organisational contexts. Students will be required to further develop the knowledge and skills gained in CO2815 (Modelling Business Decisions 1). Topics will include development of advanced software based business models, and the interpretation and evaluation of model results both from an user and a builder's point of view. Excel will be the primary application software used to build these decision models. The focus will be on solving advanced decision problems requiring prior knowledge of the fundamentals for accounting and finance.

Learning Outcomes

• To demonstrate critical understanding of the theoretical and empirical literature on business modelling;
• To be able to recognize, structure and formulate solutions to complex business problems;
• To be able to design, build and test computer based models for planning, decision making and control of business problems;
• To be able to interpret model results (both from a builder and an user perspective) to assess their goodness-of-fit to decision criteria, and/or make recommendations for adoption by the appropriate stakeholders;
• To be able to integrate the knowledge of MS excel and other application software with the knowledge of accounting and finance.

Graduate Qualities

• The ability to adapt knowledge to new situations;
• The ability to define and to solve problems in at least one discipline area;
• The ability to think critically, to analyse and evaluate claims, evidence and arguments, and to reason and deploy evidence clearly and logically;
• The ability to find and access information using appropriate media and technologies;
• The acquisition of coherent and disciplined sets of skills, knowledge, values and professional ethics from at least one discipline area;
• The ability to reflect on and evaluate learning, and to learn independently in a self directed manner;
• The ability to manage future career and personal development;
• The ability to speak and write clearly, coherently and creatively;
• The ability to generate, calculate, interpret and communicate numerical information in ways appropriate to a given discipline or discourse;
• The ability to communicate effectively with a range of audiences;
• The ability to lead, manage and contribute effectively to teams;
• The ability to work individually and independently;
• The ability to select and use appropriate tools and technologies;
• The ability to use online technologies effectively and ethically.

Prerequisites:

EC2100 or (CO2611 and (CO2815 or CO3105))))))))

Availabilities
, , Study Period 6
Census Date 07-Jul-2006
Face to face teaching 19-Jun-2006 to 28-Jul-2006
Coordinator:	Dr Singwhat Tee
Lecturer:	afjmr.
Contact hours:	26 hours 24 hours
Assessment:	(45%); (5%); (30%); (20%).
, , Study Period 6
Census Date 07-Jul-2006
Face to face teaching 19-Jun-2006 to 28-Jul-2006
Coord/Lect:	Dr Singwhat Tee.
Contact hours:	26 hours 24 hours
Assessment:	(45%); (5%); (30%); (20%).

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.