Year
2011
Units
4.5
Contact
1 x 2-hour lecture weekly
1 x 2-hour workshop weekly
1 x 2-hour workshop weekly
Enrolment not permitted
BUSN9103 has been successfully completed
Course context
This topic is a core topic for Masters level programs in business or more specialised programs wishing to include a business studies componentMaster of Accounting; Master of Accounting (Advanced)
Topic description
The topic provides an introduction to basic mathematical and statistical techniques useful in accounting, management, finance and economics. Subjects covered include a basic algebra review, simple functions and their graphical representation, mathematical finance, data presentation, descriptive statistics, sample design, elementary probability, the normal distribution, sampling distributions, confidence intervals, hypothesis testing, simple regression analysis and analysis of covariance.
Educational aims
This topic aims to define measurable data and information. Theory will be illustrated with worked examples, and mathematical and statistical techniques will be applied to real world problems with a business focus. Computing workshops are an important component of the topic. In the workshops the spreadsheet program Microsoft Excel will be used to solve problems in financial mathematics and carry out statistical analyses.
Expected learning outcomes
On successful completion of this topic, students should be able to:
- develop good quantitative analytical skills
- summarise quantitative data in meaningful presentations
- competently describe and interpret measures of central tendency and dispersion
- critically interpret survey results
- hypothesis testing procedures and be able to interpret the subsequent results
- simple regression and analysis of covarience, and be competent in the use of relevant technology including Excel spreadsheets.
Key dates and timetable
Timetable details for 2011 are no longer published.
Sturt Rd, Bedford Park
South Australia 5042
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