Careers in the business world that use quantitative skills include the financial sector (stockbrokers) the insurance industry, finance companies, banks (e.g. developing models for investment opportunities), the manufacturing sector (e.g. providing quality control), and market research. Opportunities in the public sector include economic modelling, policy evaluation and research into industry development.
Outcomes
In addition to achieving the broad outcomes of their course, students successfully completing this major will be able to:
- apply appropriate mathematical and statistical techniques to the analysis of social, financial, business and economic data, subsequently drawing out insightful inferences for the purposes of knowledge advancement and/or policy making.
Availability
Econometrics and business statistics is listed in the Bachelor of Business and Commerce at Malaysia as a major and minor.
Major requirements (48 points)
No more than 12 points at level 1 may be credited to a major and at least 18 points must be credited to the major at level 3.
Students complete:
- ETW1000 Business and economics statistics and ETW1010 Data modelling and computing OR ETW1100 Introduction to business analytics and ETW2111 Business data modelling
- ETW2410 Introductory econometrics
- ETW2420 Survey methods and managerial statistics
- ETW3420 Principles of forecasting and applications
- ETW3481 Econometric methods for finance
- ETW3510 Applied econometrics methods
Minor requirements (24 points)
Students complete:
- Three of the following units (18 points):
- ETW1000 Business and economics statistics and ETW1010 Data modelling and computing OR ETW1100 Introduction to business analytics and ETW2111 Business data modelling
- ETW2410 Introductory econometrics
- One unit from the following (6 points):
- ETW3420 Priniciples of forecasting and applications
- ETW3481 Econometric methods for finance
- ETW3510 Applied econometrics methods
Bachelors
Single degrees
Successful completion of the major can be counted towards meeting the requirements for the following single degree:
- B2026 Bachelor of Business and Commerce
Students in other single bachelor's degrees may be eligible to complete the major using 48 points of their free electives.
Double degrees
Successful completion of the major can be counted towards meeting the requirements for the Bachelor of Business and Commerce component in the following double degree:
- B2027 Bachelor of Business and Commerce and Bachelor of Communication and Media Studies