MonMap
A course mapper by Monash Association of Coding (MAC)
Business statistics
ETF1100
Synopsis
This unit introduces you to the basic foundations of Business Analytics and Statistics. You will learn how to work with data, in conjunction with basic statistics and spreadsheet tools, to solve simple business problems. The unit introduces the appropriate methods to visualise and summarise data, and statistical tools to quantify uncertainty that may arise from data analysis. You will learn how to assess relationships between business variables, and learn how to build basic regression models to capture such relationships in a business context. Spreadsheet optimisation tools that assist in solving business optimisation problems will also be covered. The skills learnt from this unit assist you in developing critical thinking and analytical skills around data and decision making in business.
Sourced from the Monash Handbook 2026.
Quick facts
- Credit points
- 6
- Level
- 1
- Audience
- Undergraduate
- Type
- Coursework
- School
- Faculty of Business and Economics
- Faculty
- Department of Econometrics and Business Statistics
- Handbook year
- 2026
Prerequisites
No prereqs in the handbook graph.
What it unlocks (27)
- Predictive analytics in accountingACX3300
- Equity marketsBFF2701
- The wealth and poverty of nationsECF3800
- Introduction to data analysisETC1010
- Introductory econometricsETC2410
- Statistical thinkingETC2420
- Actuarial cash flow modellingETC2430
- Mathematics for economics and businessETC2440
- Probability and statistical inference for economics and businessETC2520
- Statistical modelling for actuarial studiesETC2560
- Probability and statistical inference for economics and businessETC5252
- Statistical modelling for actuarial studiesETC5256
- Statistical foundations of business analyticsETF2020
- Introductory econometricsETF2100
- Data analysis in businessETF2121
- Optimisation for businessETF2480
- Statistical foundations of business analyticsETF5202
- Business optimisation skillsETF5650
- Introductory applied econometricsETF5910
- Data analysis in businessETF5912
- Data visualisation and communicationETF5922
- Introductory econometricsETX2100
- Digital business intelligenceETX2200
- Data visualisation and communicationETX2250
- Data analyticsFIT3152
- Business decision modellingFIT3158
- Marketing research analysisMKC2500
Offerings (2)
- Second semesterCaulfield · ON-CAMPUS
- First semesterCaulfield · BLENDED
Listed in 5 areas of study
- Business analytics and statisticsCore units
- Business analytics and statisticsCore studies
- Financial econometricsCore units
- Sustainability and responsible managementCore units
- Sustainability and responsible managementCaulfield and Clayton units