UnitLevel 5Postgraduate

ETF5932 Predictive analytics and machine learning

Faculty of Business and Economics

ETF5932 Predictive analytics and machine learning is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 1 at Caulfield. It needs FIT5197, ETX2250, ETC1010, ETF5922, ETW2001 or ETC5510.

Credit points
6
Offered in 2022
Semester 1
Caulfield
Assessment
Exam 50%
and 1 other task
Workload
144 hours
per semester

This is the 2022 handbook entry. See the 2027 entry.

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Requisites

After ETF5932

No unit lists ETF5932 as a prerequisite in the 2022 handbook.

Equivalent units

The same content under another code. Only one of them counts.

Overview

Many problems in business including sales and inventory forecasting, credit scoring, recommender systems in online commerce and fraud detection use advanced tools for data analytics. This unit covers some of the most popular tools that may include tree-based methods, boosting, bagging, support vector machines, neural networks and deep learning. The algorithmic details of each method, their implementation using popular software tools (such as R) and their application to real business problems will all be covered.

Offerings in 2022

Teaching periodCampusMode
First semesterCaulfieldOn campus

Assessment

  • Within semester assessment
    50%
  • Examination
    50%

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    understand different techniques used in business analytics and to be able to compare these from a statistical and computational point of view

  2. 2

    frame problems in finance, marketing, economics and related areas so that they can be solved by modern tools in business analytics

  3. 3

    implement machine learning methods in a modern software environment (for example, R) with potentially large datasets

  4. 4

    explain and interpret the analyses undertaken in a clear and effective manner and be aware of the limitations of these analyses.

Workload and teaching

  • Tutorials18 hours
  • Lectures24 hours
  • Teaching approachActive 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. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

Contacts

Chief Examiners
Dr Ruben Loaiza Maya

Common questions

What are the prerequisites for ETF5932?

You need FIT5197, ETX2250, ETC1010, ETF5922, ETW2001 or ETC5510 before you enrol.

When is ETF5932 offered?

In 2022, ETF5932 runs in Semester 1 at Caulfield.

How much work is ETF5932?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ETF5932 have an exam?

Yes. The exam is worth 50% of the final mark, alongside 1 other task.

More details

Credit points
6
Level
5
Study level
Postgraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Econometrics and Business Statistics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 4
Study abroad
Not available
Handbook years
2021202220232024202520262027