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FIT5070 Business applications of neural networks

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Unit Code, Name, Abbreviation

FIT5070 Business applications of neural networks []

Reasons for Introduction

Obsolete Reasons for Introduction

Neural networks are an emerging technology gaining wide acceptance in the business community. Many corporations are currently using neural networks for a variety of business applications including finance and investment, marketing, data mining and project management. The popularity of neural networks is expected to continue to increase, as businesses become more informed about the power of neural networks. Many of our Sponsor organisations such as IBM are very active in intelligent techniques, and are keen to recruit graduates with knowledge of these emerging technologies. A variety of commercial software is available for neural networks, and graduates of Business Information Systems degrees should be aware of how this technology can be a useful solution tool in a business environment.

Reasons for Introduction (20 Apr 2007, 2:43pm)

Neural networks are an emerging technology gaining wide acceptance in the business community. Many corporations are currently using neural networks for a variety of business applications including finance and investment, marketing, data mining and project management. The popularity of neural networks is expected to continue to increase, as businesses become more informed about the power of neural networks. Many of our Sponsor organisations such as IBM are very active in intelligent techniques, and are keen to recruit graduates with knowledge of these emerging technologies. A variety of commercial software is available for neural networks, and graduates of Business Information Systems degrees should be aware of how this technology can be a useful solution tool in a business environment.

Reasons for Change (20 Apr 2007, 2:45pm)

The code for this unit has been changed from BUS5650 to FIT5070 in accordance with new Faculty procedures.

Role of Unit (20 Apr 2007, 2:53pm)

This unit is an elective unit in the Master of Business Systems.

Relationship of Unit (20 Apr 2007, 2:58pm)

This unit is a recoding of BUS5650.

Relevance of Unit (23 Apr 2007, 5:07pm)

This unit helps students develop practical business problem solving abilities using neural network techniques.

Objectives

Unit Content

Summary (20 Apr 2007, 3:30pm)

ASCED Discipline Group classification: 020119 Artificial Intelligence

Neural networks have been receiving increasing attention from business and industry over recent years. This course will provide students with the skills necessary to solve practical business problems using commercially available neural network software. The focus of the course will be on the business application, with suitable neural network architectures and convergence issues discussed with reference to each particular application. Students will gain hands-on experience with commercial neural network software packages, and will solve real business problems in tutorials and assignments. Topics to be covered include principles and mechanisms in neural networks; Perceptrons for marketing, and business data classificationanalysis; multilayer feedforward neural networks for time series and stock market prediction, and written character recognition; convergence issues of neural networks, data mining methodologies, and artificial intelligence in business.

Handbook Summary (20 Apr 2007, 3:25pm)

This course will provide students with the skills necessary to solve practical business problems using commercial neural network software. The focus of the course will be on the business application, with suitable neural network models discussed with reference to each particular application. Students will gain hands-on experience with commercial software packages in tutorials and assignments. Topics to be covered include principles and mechanisms in neural networks; Perceptrons for marketing, and business data classification analysis; multilayer feedforward neural networks for time series and stock market prediction, data mining methodologies, and artificial intelligence in business.

Teaching Methods

Assessment

Workloads

Resource Requirements

Staff Requirements (23 Apr 2007, 5:08pm)

1 full-time lecturer and 2 part-time (sessional) tutors

Teaching Responsibility (Callista Entry) (20 Apr 2007, 3:06pm)

100% from Clayton School of Information Technology

Implications for CASPA (20 Apr 2007, 3:32pm)

No

Other Resource Requirements (23 Apr 2007, 5:18pm)

Nil

Prerequisites

Prohibitions (20 Apr 2007, 2:56pm)

BUS3650 BUS5650

Alias Titles (20 Apr 2007, 2:57pm)

BUS3650 BUS5650

Frequency of Offering (20 Apr 2007, 3:09pm)

Offered in semester 2.

Enrolment (20 Apr 2007, 3:09pm)

Every semester 2

Faculty Information

Proposer

K A Smith

Unit Coordinator (23 Apr 2007, 5:18pm)

Chung-Hsing Yeh

Approvals

School:
Faculty Education Committee:
Faculty Board:
ADT:
Faculty Manager:
Dean's Advisory Council:
Other:

Version History

12 Feb 2007 David Sole Copied from BUS5650
20 Apr 2007 Chung-Hsing Yeh modified ReasonsForIntroduction/RObsolete; modified ReasonsForIntroduction/RIntro; modified ReasonsForIntroduction/RChange; modified ReasonsForIntroduction/RChange
20 Apr 2007 Chung-Hsing Yeh modified ReasonsForIntroduction/RRole; modified Prohibitions; modified AliasTitles; modified ReasonsForIntroduction/RRelation; modified ReasonsForIntroduction/RRelevance; modified ResourceReqs/SchoolReqs; modified Frequency; modified Enrolment
20 Apr 2007 Chung-Hsing Yeh modified UnitContent/HandbookSummary; modified UnitContent/Summary; modified ResourceReqs/CaspaImpact; modified ReasonsForIntroduction/RRelevance
23 Apr 2007 Chung-Hsing Yeh modified ReasonsForIntroduction/RRelevance; modified ResourceReqs/StaffReqs; modified FacultyInformation/FICoordinator; modified ResourceReqs/OtherResources
23 Apr 2007 Chung-Hsing Yeh
29 May 2008 Geraldine DCosta Graduate Postgraduate Programs Committee Mtg 3/08 held on 14/5/08 (Item 4.3.2) considered unit FIT5070. GPGPC did not endorse offering of the unit since it was not required in the MBIS program.

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