MKT 460 - MARKETING INFORMATION AND ANALYSIS - SPRING 2014 Instructor Professor Deepa Chandrasekaran Office CBA 7.252 Office Hours Mondays and Wednesdays 10 -11 am or by appointment (Office hours may vary periodically, check announcements in class) E-Mail Deepa.Chandrasekaran@mccombs.utexas.edu Webpage via Blackboard TA Yeon-Jin Cho (yeonjin.cho@utexas.edu) TA office hours Monday and Tuesday 9:00am-10:15am at CBA 5.324E Required Materials 1. Marketing Research, 11e Aaker, Kumar, Leone, Day (Required) 2. Additional readings may be made available on Blackboard or handed out in class Meeting Times Day Time Location MW 12:30 pm-2 pm CBA 4.332 W (LAB) 11 am- 12 pm CBA 5.325 Course Overview & Objectives This is a required course for marketing students in the undergraduate business program at the McCombs School of Business. The course is designed for business students who want to pursue a career in marketing, but is also relevant for non-marketing majors who expect to interface with marketing and product development teams or who simply wish to apply these tools in a nonmarketing context. The aim of the course is to teach students the methods and principles of modern marketing research and to apply these to practical business settings. You will learn the concepts and terminology used by marketers and marketing researchers and master methodological tools to gain a competitive advantage in the business world. The specific objectives of the course are: 1. To understand that marketing problems require information and how this information is obtained and delivered. 2. To learn how to set up a research design. 3. To learn and apply the different methods of data collection and data analysis to solve marketing problems. 4. To enhance business writing, presentation and team work skills MKT 460 Professor Deepa Chandrasekaran Spring 2014 Format We will discuss the theoretical concepts during the lecture part of the course (both Mondays and Wednesdays), and apply these concepts during our computer lab sessions (scheduled on some Wednesdays). The Mod Lab sessions are an integral part of the course. The best way to understand the material is to apply important concepts. You are required to participate! Grading The percentage points for the course will be translated into letter grades in the following way: 93-100 A 90-93 A87-90 B+ 83-87 B 80-83 B77-80 C+ 73-77 C 70-73 C67-70 D+ 63-67 D 60-63 DBelow 60 = F. Evaluation Components 1. 2. 3. 4. Tests Assignments Team Project Attendance and Class Participation 45% 25% 20% 10% 1. Tests – 45 % Three tests will be administered during the course of the semester. Each test will cover a subsection of the course material. There will be no cumulative final examination for this course. Test 1: 15% Test 2: 15% Test 3: 15% 2. Assignments – 25% The only way to really learn the material covered in the class is through a ‘do-it yourself” approach. You will be assigned a series of assignments that you can complete during your mod-lab sessions as well as take-home assignments/cases. You have to submit a printed word file of the assignment/case solutions by the time indicated on the assignment. Each day that the assignment is late will result in a 10% penalty. You are allowed to work in groups for discussion of individual assignments but you must write and submit answers individually. All assignments must be typed and professionally prepared. 2|Page MKT 460 Professor Deepa Chandrasekaran Spring 2014 3. Team Project – 20% Your group project will involve the preparation of a proposal for a market research study, data collection from a sample of subjects, preliminary analysis of collected data, and oral and written presentation of your project. Detailed guidelines will be discussed in a subsequent class session. Each team will typically consist of four students. You are required to submit a report for the project (with maximum of 20 pages including all appendices) and make a 15 minute presentation in the class about your problem and findings. Please discuss your proposed project with me well-in-advance. 4. Attendance and Class Preparation – 10% You are expected to prepare for, attend, and participate in class. You will benefit from reading the assigned chapters in the textbook and are required to read assigned cases before the lectures. The case discussions depend on your active participation and class participation is an important part of your grade. Additional Information: 1. Course Website: I will use Blackboard to post all relevant materials. Schedules, class notes, team projects, cases, lab sessions, and all other information will be made available at the time they are needed. Please check Blackboard regularly for updates. Password-protected class sites will be available for all accredited courses taught at The University. Syllabi, handouts, assignments and other resources are types of information that may be available within these sites. Site activities could include exchanging e-mail, engaging in class discussions and chats, and exchanging files. In addition, class e-mail rosters will be a component of the sites. Students who do not want their names included in these electronic class rosters must restrict their directory information in the Office of the Registrar, Main Building, Room 1. For information see: http://www.utexas.edu/student/registrar/catalogs/gi02-03/app/appc09.html. 2. Attendance during Tests: Attendance is mandatory for all tests. If, for valid reasons, you cannot attend the test session you must inform me in advance. Valid reasons include illness, personal bereavement, religious holiday, and travel for a school authorized activity. If you miss a test for a medical reason, you must bring me a note from the student emergency services. 3. Class Policies: a. E-Mail: Outside of the office hours, email is the best way to reach me. When sending me an email, please include MKT 460 in the subject line. I will also send emails individually and to the class. Please check your email regularly. Most of the time I will answer your emails within 24 hours; however, do not wait until the night before an assignment is due to ask for help. b. Communication: I have an open door policy. If you have problems with any aspect of the course and/or want to discuss anything including material covered in the course, career opportunities in marketing, etc., please feel free to schedule time with me. Do not wait until the end of semester to discuss any issues. 3|Page MKT 460 Professor Deepa Chandrasekaran Spring 2014 c. No laptop/cell phones: Please turn off your cell/smart phones and laptops during class. Conducting sidebar conversations, working on other course assignments, etc. during this class will not be tolerated. d. Grades: Any concerns about grading must be raised within one week of assigning the grade. After that, all grades will be treated as final. 4. Quantitative Reasoning This course carries the Quantitative Reasoning flag. Quantitative Reasoning courses are designed to equip you with skills that are necessary for understanding the types of quantitative arguments you will regularly encounter in your adult and professional life. You should therefore expect a substantial portion of your grade to come from your use of quantitative skills to analyze real-world problems 5. Students with Disabilities Students with disabilities may request appropriate academic accommodations from the Division of Diversity and Community Engagement, Services for Students with Disabilities, 512-471-6259, http://www.utexas.edu/diversity/ddce/ssd/. 6. Religious Holy Days By UT Austin policy, you must notify me of your pending absence at least fourteen days prior to the date of observance of a religious holy day. If you must miss a class, an examination, a work assignment, or a project in order to observe a religious holy day, you will be given an opportunity to complete the missed work within a reasonable time after the absence. 7. Policy on Scholastic Dishonesty The McCombs School of Business has no tolerance for acts of scholastic dishonesty. The responsibilities of both students and faculty with regard to scholastic dishonesty are described in detail in the BBA Program’s Statement on Scholastic Dishonesty at http://www.mccombs.utexas.edu/BBA/Code-of-Ethics.aspx. By teaching this course, I have agreed to observe all faculty responsibilities described in that document. By enrolling in this class, you have agreed to observe all student responsibilities described in that document. If the application of the Statement on Scholastic Dishonesty to this class or its assignments is unclear in any way, it is your responsibility to ask me for clarification. Students who violate University rules on scholastic dishonesty are subject to disciplinary penalties, including the possibility of failure in the course and/or dismissal from the University. Since dishonesty harms the individual, all students, the integrity of the University, and the value of our academic brand, policies on scholastic dishonesty will be strictly enforced. You should refer to the Student Judicial Services website at http://deanofstudents.utexas.edu/sjs/ to access the official University policies and procedures on scholastic dishonesty as well as further elaboration on what constitutes scholastic dishonesty. 8. Campus Safety Please note the following recommendations regarding emergency evacuation from the Office of Campus Safety and Security, 512-471-5767, http://www.utexas.edu/safety: Occupants of buildings on The University of Texas at Austin campus are required to evacuate buildings when a fire alarm is activated. Alarm activation or announcement requires exiting and assembling outside. Familiarize yourself with all exit doors of each classroom and building you may occupy. 4|Page MKT 460 Professor Deepa Chandrasekaran Spring 2014 Remember that the nearest exit door may not be the one you used when entering the building. Students requiring assistance in evacuation should inform the instructor in writing during the first week of class. In the event of an evacuation, follow the instruction of faculty or class instructors. Do not re-enter a building unless given instructions by the following: Austin Fire Department, The University of Texas at Austin Police Department, or Fire Prevention Services office. Behavior Concerns Advice Line (BCAL): 512-232-5050 Further information regarding emergency evacuation routes and emergency procedures can be found at: http://www.utexas.edu/emergency. SESSION PLAN (*****Note: This plan is subject to revision*****) Session Date 1 01/13 M Course overview and introduction 2 01/15 W Basic concepts and approaches to marketing research; Chapter 3 problem formulation 01/20 M NO CLASS; MARTIN LUTHER KING JR. DAY HOLIDAY 01/22 W Research design ideas; exploratory, descriptive, and causal research; elements of marketing research proposal Chapter 4 3 Topics Readings Chapters 1 & 2 Team finalization 4 01/27 M Using secondary data for research Chapter 5 5 01/29 W Exploratory research using qualitative methods Chapter 8 MODLAB 1 6 02/03 M Issues in data collection and survey methods Chapters 9&10 7 02/05 W Survey methods Chapter 10 Review for test 1 5|Page MKT 460 8 Professor Deepa Chandrasekaran 02/10 M TEST #1 9 Spring 2014 Test 1: Chapters 1-5, 8,9 Second half: group project outline 02/12 W Attitude measurement Chapter 11 MODLAB 2 10 02/17 M Designing the questionnaire Chapter 12 11 02/19 W Experimentation I Chapter 13 12 02/24 M Experimentation II Chapter 13 13 02/26 W Sampling I Chapter 14 MODLAB 3 14 03/03 M GUEST SPEAKER: CAROLINE IVERS 15 03/05 W Sampling II 03/10 M03/12 W SPRING BREAK- NO CLASSES 16 03/17 M Data analysis I Chapter 16 17 03/19 W Data analysis II Chapter 16 ENJOY! Review for test 2 MODLAB 4 18 TEST #2 6|Page 03/24 M Chapters 15 Test 2: Chapters 10-15 MKT 460 Professor Deepa Chandrasekaran Spring 2014 19 03/26 W Hypothesis testing I Chapter 17 20 03/31 M Hypothesis testing II Chapter 18 21 04/02 W Correlation & Regression I Chapter 19 MODLAB 5 22 04/07 M Correlation & Regression II Chapter 19 23 04/09 W Conjoint analysis I Chapter 21 MODLAB 6 24 04/14 M GUEST SPEAKER 25 04/16 W Conjoint analysis II Review for test 3 26 04/21 M TEST #3 27 Test 3: Chapters 16-19 Second half: Group project discussions 04/23 W Presenting research results Chapter 22 MODLAB 7 28 04/28 M Team project presentations (Attendance mandatory) 29 04/30 W Team project presentations (Attendance mandatory) 7|Page Written projects due