Quantitative methods are increasingly essential for understanding business. As business data becomes more complex and sophisticated, higher-level mathematical knowledge is required to better understand operational problems and make informed decisions. We'll develop and consolidate the your knowledge and skills in mathematics, making sure that you understand core mathematical concepts and their application to understanding business problems analytically. We'll also develop basic knowledge in using Excel to solve mathematical problems as well as learning about statistical analysis methods and techniques. We'll focus on real-world case studies and practice tackling problems faced by industry today.
Lecture 24, PC Lab 16, Independent Study 110, Assessment Preparation 50
Online Test (45 minutes) worth 20%.
Invigilated Examination (2 hours) worth 80%.
Reassessment Method: 100% Examination – Invigilated Examination - 2 hours
On successfully completing the module, students will be able to:
1. Apply the fundamental concepts of algebraic manipulation, matrices and vectors, calculus (differential and integral) to solve business problems.
2. Demonstrate an understanding of graphical, numerical and statistical techniques to handle a variety of business problems, as well as to form well-founded inferences from quantitative data.
3. Apply basic mathematical and statistical tools to understand real-world problems and scenarios
4. Analyze, interpret, and present data of varying types, developing basic numerical skills in order to inform business decisions.
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