MG4E9 Half Unit
Marketing Analytics I: Consumer Analysis Fundamentals
This information is for the 2019/20 session.
Teacher responsible
Dr Xiaolin Li
Availability
This course is compulsory on the MSc in Marketing. This course is not available as an outside option.
Course content
This course lays down the foundations of Marketing Analytics which is an absolute essential in the age of Big Data. The broad objective of this course is to provide a fundamental understanding of marketing analytics and research methods employed by well-managed firms. The course focuses on integrating problem formulation, research design, questionnaire construction, sampling, data collection and data analysis to yield the most valuable information. The course also examines the proper use of statistical applications as well as qualitative methods, with an emphasis on the interpretation and use of results. Since analytics is the discovery and communication of meaningful patterns in data, this course will also provide students with an analytics toolkit, reinforcing basic probability and statistics while throughout emphasizing the value and pitfalls of reasoning with data. Applications will focus on connections among analytical tools, data, and business decision-making. Advanced analytical tools will be discussed in-depth in the follow-up course Marketing Analytics II.
Teaching
30 hours of lectures in the MT.
Formative coursework
Students will be engaged in analysing a number of cases, doing numerical problems, as well as analysis data sets using the techniques learned in class. This will set the stage for their group project (gathering and analysing data) as well as the take-home assignment (which will involve numerical problems, case analysis, and analysing data sets).
Indicative reading
- Churchill, Gilbert A. Jr., and Dawn lacobucci. Marketing Research: Methodological Foundations. 8th ed. Chicago: The Dryden Press, 2002.
- Lehmann, Donald, Market Research and Analysis, Homewood, IL: Irwin (1989)
- Burchill, G. and C. H. Brodi, Voices Into Choices: Acting on the Voice of the Customer, Oriel Incorporated, 1997
- McQuaire, E. F. (1993), Customer Visits: Building a Better Market Focus, Newbury Park, Sage.
Assessment
Project (40%, 2500 words), class participation (10%) and take-home assessment (50%) in the MT.
The Group Project (40%) consists of a non-assessed presentation and an assessed project report 2,500 word max.
Key facts
Department: Management
Total students 2018/19: 75
Average class size 2018/19: 75
Controlled access 2018/19: No
Value: Half Unit
Personal development skills
- Leadership
- Self-management
- Team working
- Problem solving
- Application of information skills
- Communication
- Application of numeracy skills
- Commercial awareness
- Specialist skills