ETC3250 Introduction to machine learning
Faculty of Business and Economics
ETC3250 Introduction to machine learning is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2027 in Semester 1 at Clayton. It needs ETC2420 or ETC2560 and unlocks 3 units.
- Credit points
- 6
- Offered in 2027
- Semester 1
- Clayton
- Assessment
- Exam 60%
- and 2 other tasks
- Workload
- 144 hours
- per semester
Reviews
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Requisites
Before ETC3250
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ETC3250
3 units list ETC3250 as a prerequisite or corequisite.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit develops your ability to model multi-dimensional data using statistical and machine learning techniques. Topics covered include: dimension reduction with linear and nonlinear methods; supervised learning such as discriminant analysis, decision trees and forests, neural networks; and unsupervised learning such as k-means, hierarchical and model-based clustering. You will learn about conceptualising problems using the bias-variance trade-off and how to balance this when fitting models. Complex model fitting techniques will be covered including bagging, boosting, cross-validation, regularisation and constructing ensembles. An important component is learning how to diagnose your model, especially utilising high-dimensional visualisation methods, and explain your model with explainable artificial intelligence (XAI). You will develop practical skills in applying techniques to different problems using a suitable software environment that involves doing reproducible analyses.
Offerings in 2027
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | Blended |
Assessment
- Exercise15%
- Project25%
- Examination60%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
develop, select, and diagnose statistical and machine learning methods for supervised and unsupervised tasks
- 2
measure the uncertainty of a prediction or classification using resampling methods
- 3
efficiently conduct analysis tasks in a contemporary software environment
- 4
explain and interpret the analyses undertaken clearly and effectively
- 5
apply analytic tools to contemporary business problems.
Workload and teaching
- Tutorials12 hours
- Seminars24 hours
- Workshops12 hours
- Teaching approachActive learning
- Teaching approachProblem-based learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
Learning resources
Technology resources
This unit will use R and RStudio. Please download and install these two software systems on your own computer. Instructions will be given in the first lecture. Install R first (it is like the airplane) and then Rstudio (it is like the airport terminal). Details on installation can be found on the course web site.
There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.
Where it fits
ETC3250 is part of 6 areas of study in the 2027 handbook.
- ACAN-USPECSpecialisation, Core unitsActuarial analyticsNo reviews yet
- BUAN-MAJMajor, Core unitsBusiness analyticsNo reviews yet
- BUAN-MINMinor, Specified discipline unitsBusiness analyticsNo reviews yet
- BALE-USPECSpecialisation, Core unitsBusiness analytics for economicsNo reviews yet
- ECNM-MAJMajor, Specified discipline unitsEconometricsNo reviews yet
- ECNM-MINMinor, Core unitsEconometricsNo reviews yet
Contacts
- Chief Examiners
- Dr Jack Jewson
Common questions
What are the prerequisites for ETC3250?
You need ETC2420 or ETC2560 before you enrol. Enrolment rules also apply.
What can I take after ETC3250?
ETC3250 is a prerequisite or corequisite for 3 units, including ETC3555, ETC4500 and ETC5555.
When is ETC3250 offered?
In 2027, ETC3250 runs in Semester 1 at Clayton.
How much work is ETC3250?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETC3250 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 2 other tasks.
Which majors and minors include ETC3250?
ETC3250 is part of Actuarial analytics, Business analytics, Business analytics for economics and Econometrics.