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MART448 Advanced Business Analytics

Application of advanced analytics in a business context using SAS. Topics include: data marts, data access and integration, predictive modelling, design of experiments, segmentation, forecasting.

Paper title Advanced Business Analytics
Paper code MART448
Subject Marketing
EFTS 0.1667
Points 20 points
Teaching period(s) Semester 2 (Distance learning)
Semester 2 (On campus)
Domestic Tuition Fees (NZD) $1,163.90
International Tuition Fees Tuition Fees for international students are elsewhere on this website.

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Prerequisite
BSNS 102 or BSNS 112 or STAT 110
Eligibility
Enrolments for this paper require departmental permission. View more information about departmental permission
Contact
damien.mather@otago.ac.nz
Teaching staff

Co-ordinator: Dr Damien Mather

Paper Structure
Topics include:
  • Basics of business analytics: thinking analytically and introduction to terminology
  • Classical statistics vs business analytics, data mining methodology
  • Predictive modelling
  • Introduction to design of experiments
  • Segmentation: case studies, cluster analysis, association analysis (market basket and sequence)
  • Forecasting concepts: case studies, time series models, marketing mix
Teaching Arrangements
Every week students must attend three 50-minute lectures and three 50-minute computer labs.
Textbooks

Required:
Advanced Business Analytics Course Notes Volumes 1 and 2, The SAS Institute, 2012.

Course outline
View the course outline for MART 448
Graduate Attributes Emphasised
Critical thinking, Information literacy.
View more information about Otago's graduate attributes.
Learning Outcomes

Students who successfully complete this paper will be able to:

  • Explain how modern data analytics are used to influence business decision making in a marketing context
  • Reliably select optimal methods and appropriately specify associated parameters of advanced analytical techniques comprising both supervised and unsupervised models, including clustering, regression trees and logit models using training, holdout and testing subsets
  • Apply those analytical tools and techniques and interpret the findings appropriately to address common business problems and needs comprising market insights, forecasts, segmentation, targeting and customer retention
  • Critically evaluate the quality of data preparation and the choice of an appropriate analytic technique from both theoretical and practical perspectives

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Timetable

Semester 2

Location
Dunedin
Teaching method
This paper is taught through Distance Learning
Learning management system
Blackboard

Computer Lab

Stream Days Times Weeks
Attend
A1 Tuesday 11:00-11:50 28-34, 36-41
Tuesday 15:00-15:50 28-34, 36-41
Wednesday 10:00-10:50 28-34, 36-41

Lecture

Stream Days Times Weeks
Attend
A1 Monday 10:00-10:50 28-34, 36-41
Tuesday 14:00-14:50 28-34, 36-41
Wednesday 09:00-09:50 28-34, 36-41

Semester 2

Location
Dunedin
Teaching method
This paper is taught On Campus
Learning management system
Blackboard

Computer Lab

Stream Days Times Weeks
Attend
A1 Tuesday 11:00-11:50 28-34, 36-41
Tuesday 15:00-15:50 28-34, 36-41
Wednesday 10:00-10:50 28-34, 36-41

Lecture

Stream Days Times Weeks
Attend
L1 Monday 10:00-10:50 28-34, 36-41
Tuesday 14:00-14:50 28-34, 36-41
Wednesday 09:00-09:50 28-34, 36-41