MajorUndergraduate

BUSSTATS07 Business analytics and statistics

Faculty of Business and Economics

Business analytics and statistics (BUSSTATS07) is a major worth 48 credit points, listing 19 units, taught at Caulfield. It is offered in 1 course: Bachelor of Business.

Credit points: 48
Units: 19
Campus: Caulfield
Offered in: 1 course

This is the 2025 handbook entry. See the 2026 entry.

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Requisite map

Overview

With the increasing volume of data in business and economics, the ability to leverage the use of data in decision making has become one of the key drivers of success. This major develops your ability to translate data to information that are relevant to problems in management, marketing, finance, and economic policy. You will learn to explore data, generate visualizations, use appropriate statistical and econometric techniques to discover complex relationships and predict future business outcomes. You will also develop skills in communication and data analysis using modern statistical software.

Availability
Business analytics and statistics is listed in B2000 Bachelor of Business at Caulfield as a major and minor.

Structure

Rules

No more than 12 credit points at Level 1 may be credited to a major and at least 18 credit points must be credited to the major at Level 3.

a. Core units12 credit points

You must complete the following units

Additional core unit6 credit points

You must complete one of the following units

b. Level 2 and 3 elective units18 credit points

You must complete 18 credit points from the following units.

Note: ETF3200 is required for admission to the honours program in econometrics and business statistics.

c. Additional Level 2 and 3 elective units12 credit points

You must complete 12 credit points from the following units, or any ETF or ETX units not taken in Part a. or Part b. above.

Courses that offer it

B2000MajorBachelor of BusinessNo reviews yet

Learning outcomes

In addition to achieving the broad outcomes of your course, and successfully completing this area of study, you will be able to:

1
use data analysis and presentation skills to communicate the information from data in the business and economics context
2
analyse data using statistical models and algorithms that are suitable for the data and problem at hand
3
recognise the uncertainty of the outcomes from data analysis and statistical models and be able to critically evaluate the analytical tools used to generate such outcomes.

Common questions

Which courses offer Business analytics and statistics?

1 course in 2025: Bachelor of Business.

What units are in Business analytics and statistics?

It lists 19 units, including ACF2400, BFF2140, BFF3121, ETF1100, ETF2020, ETF2100, ETF2121 and ETF2480. The structure above shows which are required and which you choose.

Major details

Type: Major
Study level: Undergraduate
Credit points: 48

Faculty: Faculty of Business and Economics
Handbook years: 20252026