MHMonash Hub

Units / MKF2131

MKF2131 · Marketing decision analysis

Official Handbook

2026 Handbook6 credit pointsLevel 2Department of Marketing

Last checked: 23 Aug 2026 UTC

Overview

With increasing availability of data and computing power, more and more companies are using data driven decision making, and data is becoming the heart of the corporate decision making process. In this unit, you will learn the power of marketing analytics and its effectiveness in making better decisions. Working with multiple marketing metrics and models, you will develop skills to identify problems, analyse data and develop optimal decisions for various marketing issues.

Offerings

CampusTeaching periodMode
CaulfieldSecond semesterTeaching activities are on-campus (ON-CAMPUS)
CaulfieldFirst semesterTeaching activities are on-campus (ON-CAMPUS)

Assessment

The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.

#AssessmentTypeWeightHurdle
11 - ExerciseExercise20%
22 - Quiz / TestQuiz / Test40%
33 - ProjectProject40%

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

prohibitions

  • MKC2130 — Fundamentals of marketing analytics

prerequisite

  • MKB2705 — Research methods and analysis
  • MKC2500 — Marketing research analysis
  • MKF2121 — Marketing research methods
  • MKW2420 — Marketing research methods

Joined by OR.

Learning outcomes

  1. evaluate a range of marketing metrics and models, and apply them to analyse business problems
  2. evaluate data-driven models to assess strategic marketing outcomes and generate managerial recommendations
  3. evaluate the strengths and limitations of various models and metrics.

Workload

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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

ActivityDuration
Tutorials24 hours
Lectures18 hours

Ask about MKF2131

Answered from the Handbook fields above — no AI, no guessing. Every answer links back to the source.

Community discussions about MKF2131

Community

Student experience, not official rules. Nothing here changes what the Handbook says.

No discussions yet

Be the first to share what this unit was actually like.

Monash HubAn independent student platform

Monash Hub is an independent student information platform and is not affiliated with or endorsed by Monash University. Always confirm enrolment, graduation, visa and academic policy decisions through the Monash website, Handbook, Moodle or WES.