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MGMT590 Business Analytics

Businesses of all sizes rely on data to make decisions—and in an uncertain and fast-paced world, they need to make decisions quickly. Whether business leaders need to set the price of a product, determine how many salespeople to hire, or explore acquisition opportunities, they need to be able to gather, analyse, and interpret the right data to make the best decision for the organization. This is where business analytics comes into play. The focus on future outcomes separates business analytics from disciplines such as business intelligence. According to the data analytics company Tableau, business intelligence emphasizes the and the how, so that organizations can continue what’s working and change what isn’t. Business analytics, on the other hand, focuses on why things happen to enable educated, data-driven predictions. Business intelligence might help a company decide to manufacture more of a certain product to keep up with increased sales, while business analytics would explore the factors that led to increased sales in order to drive additional sales of that product or generate ideas for boosting sales of other products.

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Laureate International Universities

The Laureate International Universities is a leading international network of the university that provides higher education across the world. Australia has been an integral location for setting up a university and thus Laureate International Universities had planned to set up in Australia. There are 75 institutions around the world and among them, Laureate has opened Australia’s first private university after 20 years by partnering with Torrens University which is located in Southern Australia. Torrens University brings a career-focused and global perspective to Australia’s higher education. It is one of the fastest-growing universities in Australia where more than 90 per cent of the student enrol immediately after completing their graduation. There are around 19000 students who are currently enrolled in the university across 115 different countries globally. Moreover, the university has contributed almost 1.2 billion dollars to Australia’s GDP and supported more than 2000 full-time equivalent full-time jobs from 2015 to 2018. The university provides multiple study courses from under graduation to post-graduation and in different modes, both on-campus and online and a blend of two modes. Thus, making the university one of the most popular universities in Australia.

MGMT590 Unit Details



Study level


Unit code


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MGMT590 Assessment brief

Course Outline

This course provides an introduction to financial modeling using computer applications. The first part of

the course covers how to use Microsoft Excel to analyze historical and pro forma financial statements, stock

return  data,  linear  regression  analysis,  Monte  Carlo  simulations,  Pivot  Tables  and  also  covers  many

advanced functions within Excel. The second part of the course provides an introduction to SAS and how

to use it to analyze financial data and more advanced regression techniques

This course provides an introduction to financial modelling using computer applications. The first part of the course covers how to use Microsoft excel to analyse historical and pro forma financial statements, stock return data, linear regression analysis, Monte Carlo simulations, Pivot tables and also covers many advanced functions within excel. The second part of the course provides an introduction to SAS and how to use it to analyse financial data and more advanced regression techniques. The students will not be assumed that they are professional in handling excel or SAS and they are expected to practice their excel skills in the provided course classrooms by the university.

Course Assignments

The course is divided majorly into four assignments which are as follows –

Excel Exam

There will be an exam as scheduled by the university and the students need to appear them. If the students have any conflict with the allotted time then they might contact the university instructor to change the dates.

Excel Home Work

There is an introductory homework which students need to complete to make the assignment process complete. The students can work individually or in groups of total four students on this assignment. Homework assignment also has deadline and students are expected to submit their homework assignments within the given deadline as per the university data and time.

SAS Project

This is longer homework assignment which needs to be done using SAS code on real stock data, which will be due at the end of the module. This can also be done individually or in group.


The students need to prepare a name tag and place it in front of their desk before each class. Class participation will not be explicitly scored this course, but if the students are close to a grade cut-off, then their participation will determine which grade they will receive. The grades will move up or down depending upon their class participation.

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Weightage of The MGMT590 Course

The course mgmt590 is based on the business analytics and is one of the major operations course for the management students. The weightage of the course is 25 % and carries 50 marks in total. The MGMT590 assessment answers is an individual based assessment and thus original work of the student is required. The students might discuss among themselves regarding the assessment for guidance but each paper needs to be unique and original.  There is no room for plagiarism and student need to follow all the university guidelines. Proper referencing needs to be done throughout the assessment paper and the referencing needs to be done in APA style with in-text citations as instructed by the university. Moreover, students may take help from the university library from books and papers to make the assessment more authentic and better. Being a subject of the postgraduate degree, students are expected to engage with high-quality academic journal articles, using the Torrens University Library textbooks, newspapers, journals and anything that can be obtained through authentic and official websites present on the internet will be considered as an authentic source of the secondary research for completing this MGMT590 assignment answers. The authenticity of the report will be decided based on the research effort and skills presented by the student in the paper and grades will be provided based on the quality and authenticity of the paper.

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Providing Assistance With Other Course Assignment

CIS121 Computer Information System , EDU522 Theory And Practice Of E-Learning , PSY111 Foundations Of Psychology For Health And Human Services , MGMT35200 Strategic Management , BUS208 Management And Organizations In a Global Environment ,  CS253 Web Security ,  NU623 Advanced Adult Health ,  EH101 Reflective Essay ,  LEAD9351 Leadership Challenge , HUMAN1100 Human Services

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