This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Postgraduate Handbook 2012-2013 (archived)
Module BUSI4ZY15: ADVANCED BUSINESS MODELLING (CARIBBEAN)
Department: Business School (Business)
BUSI4ZY15: ADVANCED BUSINESS MODELLING (CARIBBEAN)
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Tied | 4 | 15 | Available in 2012/2013 | None. | Durham |
Tied To
- N1KA17: Business Administration [Caribbean] (see Postgraduate Handbook 2011-2012 for details)
Pre-requisites
- None.
Corequisites
- None.
Excluded Combinations
- None.
Aims
- To provide students with an advanced understanding of and ability to use some of the methods commonly used in solving complex business problems of the type which may be formulated (at least in part) as quantitative models
Content
- Overview of systems concepts and model building.
- Further optimisation (building on core teaching).
- Simulation.
- Game theory
- Forecasting using time series and behavioural models.
Learning Outcomes
Subject-specific Knowledge
- By the end of this module, students should:
- Have an advanced knowledge of the structures and requirements of some models commonly used for optimisation, forecasting and other tasks within the business context.
- Be familiar with selected specialist software applications.
Subject-specific Skills
- By the end of this module, students should:
- be able to formulate and solve complex business problems and then interpret the solutions to improve business performance;
- be able to use selected specialist software applications.
Key Skills
- Effective written communication.
- Planning, organising and time management.
- Problem solving and analysis.
- Using initiative.
- Advanced computer literacy skills.
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- Learning outcomes will be met through a combination of lectures, groupwork, case studies, practical (computing) classes and discussion, supported by guided reading. The summative assignment will test students' knowledge and understanding of business models and their ability to apply relevant techniques to the analysis of a business problem.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Workshops (a combination of lectures, groupwork, case studies, practical (computing) classes and discussion) | 28 | Yes | |||
| Preparation and Reading | 122 | ||||
| Total | 150 |
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Written Assignment | 100% | Written Assignment | 4,000 words maximum | 100% |
Formative Assessment
Feedback on contributions to workshops and class discussions.
Students who do not attend monitored activities shown under Teaching Methods
and Learning Hours, or who fail to complete the summative or formative
assessment(s) specified above, may be subject to the Academic Progress
procedures defined in the University's General Regulation V, and may be
required to leave the University.