THE UNIVERSITY of EDINBURGH

DEGREE REGULATIONS & PROGRAMMES OF STUDY 2020/2021

Information in the Degree Programme Tables may still be subject to change in response to Covid-19

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DRPS : Course Catalogue : Business School : Common Courses (Management School)

Postgraduate Course: Marketing Decision Analysis (CMSE11120)

Course Outline
SchoolBusiness School CollegeCollege of Arts, Humanities and Social Sciences
Credit level (Normal year taken)SCQF Level 11 (Postgraduate) AvailabilityAvailable to all students
SCQF Credits15 ECTS Credits7.5
SummaryThis course aims to introduce students to the theoretical frameworks and tools used in marketing decision analysis. Students will earn an appreciation of the range of marketing metrics available to aid in the development and evaluation of marketing strategy as well as how to use basic modelling techniques to support marketing decision-making and planning. The course will also introduce students to basic computer software support for marketing decision analysis and the use of management science techniques through worked examples examining common marketing problems and decisions.
Course description This course aims to introduce the student to the theory and practice of marketing decision analysis, build knowledge and understanding of the relevant literature on marketing decision analysis, develop a critical appreciation of modelling approaches for marketing decision analysis and illustrate the central role of marketing decision analysis and its relevance to business.

Syllabus

Introduction to Course

Marketing Metrics

Model Building

Media Selection

Linear Programming

Simulation

Customer Relationship Management

Pricing

Supply Chains

Student Learning Experience

Students will participate in lectures where they will be introduced to key ideas and concepts relevant to the study of marketing decision analysis, participate in discussion both inside and outside of the classroom, prepare reports for the class related to the topics introduced in lectures, engage in assessed work relevant to the study of marketing decision analysis, learn to identify material relevant to the course, assimilate knowledge through independent reading and research, and undertake critical reflection on their own learning.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Other requirements For Business School PG students only, or by special permission of the School. Please contact the course secretary.
Information for Visiting Students
Pre-requisitesNone
High Demand Course? Yes
Course Delivery Information
Academic year 2020/21, Available to all students (SV1) Quota:  None
Course Start Semester 1
Timetable Timetable
Learning and Teaching activities (Further Info) Total Hours: 150 ( Lecture Hours 16, Seminar/Tutorial Hours 6, Formative Assessment Hours 8, Summative Assessment Hours 22, Revision Session Hours 2, Programme Level Learning and Teaching Hours 3, Directed Learning and Independent Learning Hours 93 )
Assessment (Further Info) Written Exam 0 %, Coursework 100 %, Practical Exam 0 %
Additional Information (Assessment) Short Reports 30%
assess learning outcomes 1, 2, 3 and 4.

Individual Essay 70%
assesses learning outcomes 1, 2, 3 and 4

Feedback Feedback on formative assessed work will be provided within 15 working days of submission, or in time to be of use in subsequent assessments within the course, whichever is sooner. Summative marks will be returned on a published timetable, which has been made clear to students at the start of the academic year.
No Exam Information
Learning Outcomes
On completion of this course, the student will be able to:
  1. Define, explain and critically discuss a range of marketing metrics and performance measures used to measure the value of products, customers and distribution channels
  2. Explain and build simple models to support marketing decisions
  3. Critically discuss the uses and limitations of marketing metrics and modelling approaches
  4. Synthesise and critically assess the literature on the use of metrics and models to aid marketing decision making
Reading List
P.W. Farris, N.T. Bendle, P.E. Pfeifer and R.J. Reibstein (2017), Key Marketing Metrics (2nd Edition), Financial Times Prentice Hall: Harlow. ISBN: 9781292212470

S.C. Albright and W.L Winston (2011), Management Science Modeling (International Edition of 4th Edition), South Western.
Additional Information
Graduate Attributes and Skills By the end of this course, students will be able to:

- Critically assess the use of metrics and models to aid marketing decision making;

- Select appropriate metrics to measure the effectiveness of marketing activities;

- Identify and develop simple models to analyse marketing strategy;

- Interpret and communicate quantitative data and results;

- Collect, analyse and synthesise relevant information to explain and illustrate the role of metrics and modelling in marketing decision making.
KeywordsMark-MDA
Contacts
Course organiserProf Tom Archibald
Tel: (0131 6)50 4604
Email: T.Archibald@ed.ac.uk
Course secretaryMs Emily Davis
Tel: (0131 6)51 7112
Email: Emily.Davis@ed.ac.uk
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