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AFX9510 - Quantitative methods

6 points, SCA Band 2, 0.125 EFTSL

Postgraduate Faculty of Business and Economics

Offered

Caulfield First semester 2008 (Day)
Caulfield First semester 2008 (Evening)
Caulfield Second semester 2008 (Day)
Caulfield Second semester 2008 (Evening)
Gippsland First semester 2008 (Off-campus)

Synopsis

Introduction to the use of spread sheets; basic mathematics; descriptive statistics; elementary probability; discrete probability distributions; continuous probability distributions; hypothesis testing; forecasting and time series; regression and correlation.

Objectives

The learning goals associated with this unit are to:

  • acquire an appropriate vocabulary and understanding of basic mathematical terminology
  • apply knowledge of the use of computer spreadsheets to problems in business
  • understand the use of statistics and quantitative methods, and interpret data to be more effective in business planning, forecasting and management
  • apply and integrate skills and knowledge acquired via the use of models, formulae, and examples drawn from various applications in Finance and Accounting.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Contact hours

3 hours per week

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