Course Title: Market Research
Part A: Course Overview
Course Title: Market Research
Credit Points: 12.00
Terms
Flexible Terms
Course Code |
Campus |
Career |
School |
Learning Mode |
Teaching Period(s) |
MKTG1045 |
City Campus |
Undergraduate |
625H Economics, Finance and Marketing |
Internet |
JulDec2023 (All) |
MKTG1045 |
City Campus |
Undergraduate |
625H Economics, Finance and Marketing |
Internet |
JanJun2024 (All) |
Course Coordinator: Jessica Pallant
Course Coordinator Phone: +61 (3) 99258266
Course Coordinator Email: jessica.pallant@rmit.edu.au
Course Coordinator Location: Melbourne Campus Building 80
Course Coordinator Availability: By appointment via email
Pre-requisite Courses and Assumed Knowledge and Capabilities
Recommended Prior Study:
- 008953 - Marketing Principles or 056171 - Value-driven Marketing
Course Description
The Market Research course is designed to give you a very practical understanding of how market research is conducted and managed for optimal results. You will learn about the stages of market research – from problem definition to the reporting on results – with a particular focus on learning how to use the most common market research tools. You will develop the capability to effectively plan and manage market research projects as well as conduct basic data analysis. The course also aims to provide a foundation for higher-level subjects requiring quantitative and qualitative analysis.
Successful completion of this course contributes to attaining the following Australian Marketing Institute (AMI) Marketers’ professional competencies:
1. Insights
6. Data analytics
You will also work towards developing the following AMI professional competencies:
18. Planning, project management and performance measurement
Objectives/Learning Outcomes/Capability Development
.
On successful completion of this program you will be able to:
- Explain market research theories and concepts to colleagues and use this knowledge to design research studies in response to managerial problems.
- Compare and contrast a range of common market research tools in order to evaluate the most appropriate tool for a unique research question.
- Design and implement a research tool in response to a client brief within a team or individually.
- Summarise a market research project and reflect on constructive feedback to improve the summary.
- Develop a report that critically analyses market research data and provides a recommendation.
Overview of Learning Activities
Learning activities may include lectures, guest seminars, group problem solving exercises, and group debates. Key concepts and their application will be explained and illustrated (with many examples) in lectures and in online notes. Supervised problem-based class exercises will build your capacity to solve problems and to think critically and analytically, and give you feedback on your understanding and academic progress. Online tests and quizzes will be available to consolidate your basic skills and self-assess your academic progress. Problems set from the textbook and self-help tutorial questions will provide a focus for your individual study. Active and constructive participation in group discussions is expected in addition to weekly reading and careful planning of assessment tasks.
Overview of Learning Resources
Various learning resources are available online through myRMIT/Canvas. These may include topic notes and slides, a study schedule, assessment details, links to relevant internet information, readings and communication tools to facilitate collaboration with your peers and sharing of information.
Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school. Contact details for Business Liaison Librarians are located online on the RMIT Library website.
Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period.
Overview of Assessment
The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:
Assessment Task 1: 10%
Linked CLOs: 1, 2
Assessment Task 2: 40%
Linked CLOs: 1, 2, 3, 4, 5
Assessment Task 3: 50%
Linked CLOs: 1, 2
Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.