UnitLevel 5Postgraduate

MKF5917 Understanding marketing and consumers

Faculty of Business and Economics

MKF5917 Understanding marketing and consumers is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 1 and Semester 2 at Caulfield. It has no prerequisites and unlocks 4 units.

Credit points
6
Offered in 2020
Semester 1, Semester 2
Caulfield
Assessment
Exam 40%
and 2 other tasks
Workload
144 hours
per semester

This is the 2020 handbook entry. See the 2027 entry.

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Requisites

Overview

This unit is designed to give marketing practitioners an understanding of the fundamental marketing principles and theories that underlie practice. Students will develop conceptual frameworks that can be applied in the range of contexts they are likely to encounter through their career. They will also be given insight into how these fundamental principles and theories contribute to the development of successful marketing strategies and tactics. Students will study the theories and implications of consumer behaviour and will gain a strong understanding of the role of the brand in delivering value to the customer and value to the organisation. These insights will help students develop an understanding of the role and value of the marketing function within an organisation. The unit will also provide students with a perspective that shows the usefulness of basic marketing conceptual models in their further study and their future careers.

Offerings in 2020

Teaching periodCampusMode
First semesterCaulfieldDe online
First semesterCaulfieldEvening
Second semesterCaulfieldDe online

Assessment

  • Within semester assessment
    60%
  • Within semester assessment
    100%
  • Examination
    40%

Learning outcomes

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

  1. 1

    comprehend and be able to apply the basic theories and principles of marketing that are relevant to the marketing practitioner

  2. 2

    comprehend consumer behaviour theory and be able to apply that knowledge to the analysis of business problems

  3. 3

    evaluate the role of marketing and the importance of understanding consumer behaviour in the creation of value for the consumer

  4. 4

    analyse, evaluate and synthesise the role of marketing management in the achievement of commercial and other objectives of organisations.

Workload and teaching

  • Seminars36 hours
  • Teaching approachActive learning
  • Teaching approachOnline 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. 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.

Learning resources

Required resources

No required resources

Contacts

Chief Examiners
Dr Luke Greenacre

Common questions

What are the prerequisites for MKF5917?

MKF5917 has no prerequisites, but enrolment rules apply.

What can I take after MKF5917?

MKF5917 is a prerequisite or corequisite for 4 units, including MKF5463, MKF5641, MKF5741 and MKF5760.

When is MKF5917 offered?

In 2020, MKF5917 runs in Semester 1 and Semester 2 at Caulfield.

How much work is MKF5917?

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

Does MKF5917 have an exam?

Yes. The exam is worth 40% of the final mark, alongside 2 other tasks.

More details

Credit points
6
Level
5
Study level
Postgraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Marketing
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 3
Study abroad
Not available