Microcredential in Understanding and Analysing Data
The current business landscape is heavily driven by data-based decisions, and the ability to translate data into valuable insights and information is essential in corporate success. Done correctly, data analysis is a process that can elevate any of your operational activities to the next level.
Understanding how to perform data analysis in a business context allows employees to draw meaningful and actionable insights and make better informed decisions. Knowing the process of reading, cleaning, transforming, and modelling data is majorly beneficial personally, and organisation wide. Improving process inefficiencies, identifying new opportunities, and minimising risk are vital elements that can enrich the business in all disciplines. Thrive in your respective industries by having decisions at all levels of the workplace be supported by data.
Successful completion of this Microcredential will result in the Statement of Attainment of BSBDAT501 Analyse Data.
Learning Outcomes
Upon completion of this unit you’ll be able to:
Prepare for data analysis
- Access a source of reliable data according to task requirements and organisational policies and procedures
- Evaluate the reliability of your data
- Store data according to organisational policies and procedures
Analyse a dataset
- Select methods of data analysis according to task requirements and industry best practice
- Categorise, analyse, and synthesise data
Finalise data analysis process
- Conduct statistical analysis to confirm the accuracy of your data analysis
- Identify and remove incorrect results
- Select outcomes that are relevant to the purpose of the analysis
- Report on key outcomes
What is a Microcredential?
Microcredentials are certifications of assessed competency in high-demand skills and knowledge areas that are industry-recognised and can be achieved in shorter timeframes than other AQF award qualifications. Built from the individual units of Vocational Qualifications, AIM Microcredentials give you the opportunity to focus your study and upskill only in the area aligned to your goals.
Your Microcredential can stand alone as an independant credential or be used as recognition towards an AIM Vocational Qualification.
Learn Online
with Expert
Instructors
Progress through your unit in 8-weeks of self paced access
Complete
The
Assessment
Test and demonstrate your understanding of curriculum with an online facilitator-marked assessment
Earn a
Respected
Credential
Complete your study and gain a highly recognised and respected credential
Seize
Your Career
Future
Leverage your Microcredential with current and future employers to demonstrate your skills and commitment to development
Is this Microcredential right for you?
The Microcredential in Understanding and Analysing Data is the ideal Microcredential for individuals and managers looking to increase their understanding of company, team and individual performance. Upon completion, you will be able to combine your professional experience with data points to support your decisions and lead the organisation in the right direction.
Learn it. Earn it. Share it.
Upon successful completion of the Microcredential in Understanding and Analysing Data, share your Microcredential on LinkedIn and other digital platforms to display your growing professional value to current and future employers.
Online Delivery Mode
Online Study - 8 weeks
This microcredential is delivered fully online through the myAIM learning platform to provide interactive learning content, support forums, and access to live virtually delivered seminars, drop-in coaching sessions, and assessment workshops, all completely online.
Designed to accommodate the schedule of fulltime working professionals, this Microcredential is highly accessible and provides a self-paced learning experience for participants.
Pathway
This unit is accredited and forms a pathway into the Diploma of Business. Upon successful completion of this Microcredential you can receive a credit and reduce the price and time to complete the full qualification.
Time Commitment
Access to materials for 8 weeks and it is recommended that students commit approximately 4-5 hours per week to developing their competency through a range of learning, work-based skills testing and assessment activities.
Assessment
Within the AIM assessment model, competency is demonstrated through answering knowledge questions and completing workplace-based practical assessment tasks.
These tasks may include the need to utilise workplace-based activities involving others or participation in role plays.
Additional Information
What’s included?
- Access to myAIM.
- Downloadable course notes.
- Downloadable tools and resources
Payment Method
We require full payment to be made upfront prior to accessing the online short course.
Separate terms and conditions and cancellation policies apply for AIM Microcredentials.
Login Restriction Statement
Unique log-in details are provided to each student. Students must not share their log in details with other students.
Payment Options
We require full payment to be made upfront prior to attending the training. Payment options we offer include:
- Credit Card (Visa/MasterCard/Amex)
