| Unit convenor and teaching staff |
Unit convenor and teaching staff
Convenor and Lecturer
Hieu Nguyen
Contact via Email
Room 536, 4ER Building, 4 Eastern Road
Thursday, 2:15 PM-3:15 PM (by appointment)
|
|---|---|
| Credit points |
Credit points
10
|
| Prerequisites |
Prerequisites
AFIN1002 and (STAT1250 or STAT1170 or STAT1371)
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| Corequisites |
Corequisites
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| Co-badged status |
Co-badged status
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| Unit description |
Unit description
This unit introduces students to the fundamental process of data analytics in finance. It focuses on developing critical computational, statistical, and other contemporary analytical skills that are essential for people conducting data-driven financial analytics. With an emphasis on applied learning informed by a strong theoretical foundation, the lectures use real-data examples to discuss contemporary topics such as data management and visualisation, financial risk analysis and prediction, regression and classification methods, and clustering. Students will practice their learned concepts and analytical skills through applied data-driven case studies using computer software tools and industry-standard financial databases. |
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Late Submission Penalties
If you submit your assessment late, 5% of the total possible marks will be deducted for each day (including weekends), up to 7 days. Submissions more than 7 days late will receive a mark of 0.
Example 1 (out of 100):
If you score 85/100 but submit 20 hours late, you will lose 5 marks and receive 80/100.
Example 2 (out of 30):
If you score 27/30 but submit 20 hours late, you will lose 1.5 marks and receive 25.5/30.
Extensions
Automatic short extension: Some assessments are eligible for automatic short extension. You can only apply for an automatic short extension before the due date.
Special Consideration: If you need more time due to serious issues and for any assessments that are not eligible for Short Extension, you must apply for Special Consideration. Need help? Review the Special Consideration page for further details.
| Name | Weighting | Hurdle | Due | Groupwork/Individual | Short Extension | AI Approach |
|---|---|---|---|---|---|---|
| Professional practice: Industry database training | 30% | No | 23/04/2026 | Individual | Yes | Open AI |
| Professional Practice: Applied data analysis | 30% | No | 21/05/2026 | Individual | Yes | Open AI |
| Formal examination | 40% | No | Exam Period | Individual | No | Observed |
Assessment Type 1: Professional task
Indicative Time on Task 2: 20 hours
Due: 23/04/2026
Weighting: 30%
Groupwork/Individual: Individual
Short extension 3: Yes
AI Approach: Open AI
The purpose of this assessment is to enable you to develop expertise in utilizing and applying quantitative analysis techniques to industry databases.
You will complete a training module provided by a financial database provider. In addition, you will extract data from the financial database and perform data analysis tasks to solve financial problems.
Skills in focus:
Deliverable(s): Complete financial database certification and submit a written report [max 2,500 words]
Individual assessment
Assessment Type 1: Professional task
Indicative Time on Task 2: 15 hours
Due: 21/05/2026
Weighting: 30%
Groupwork/Individual: Individual
Short extension 3: Yes
AI Approach: Open AI
The purpose of this assessment is for you to practice in-depth finanical data analysis.
You will conduct financial data analytics tasks and provide insights based on the information obtained.
Skills in focus:
Deliverable(s): Python code and written report submission [max 2,500 words]
Individual assessment
Assessment Type 1: Examination
Indicative Time on Task 2: 35 hours
Due: Exam Period
Weighting: 40%
Groupwork/Individual: Individual
Short extension 3: No
AI Approach: Observed
The purpose of this assessment is for you to demonstrate the expertise you have gained in this unit. You will participate in a 2-hour exam held during the University Examination period. Important information about the exam will be made available on the unit iLearn page. You should also review the MQ Exams website for general tips. Deliverable(s): Formal exam Individual assessment
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation.
3 An automatic short extension is available for some assessments. Apply through the Service Connect Portal.
Please find the details of delivery and resources in iLearn.
Lectures: Thursday 12:30 Week 1-13
Tutorials: Week 2-13
| Week | Topic |
| 1 | Introduction: financial data analytics and Python |
| 2 | Financial data types, Datasets in Python |
| 3 | Data cleaning and manipulation |
| 4 | Visualize and summarize data |
| 5 | Statistical distributions and Value at Risk |
| 6 | Relationship between variables & portfolio optimization |
| 7 | Regression analysis |
| 8 | Regression analysis 2 |
| 9 | Time series analysis |
| 10 | Machine learning: regression algorithms |
| 11 | Machine learning: classification algorithms |
| 12 | Machine learning: Model evaluation |
| 13 | Revision |
This schedule is subject to minor revisions when needed
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Unit information based on version 2026.03 of the Handbook