Quantitative Skills for Business


Quick Info

  • Currently offered by Alphacrucis: Yes
  • Course code: BUS005
  • Credit points: 10
  • Subject coordinator: Ka Lun Kenelm Chan

Awards offering Quantitative Skills for Business

This unit is offered as a part of the following awards:

Unit Content

Outcomes

  1. Apply quantitative skills in solving problems in business; 
  2. Demonstrate the use of statistics and probability in business
  3. Evaluate rationale and relevant quantitative approaches in contexts of business, economics, finance, and management; 
  4. Use financial data to generate business decision models. 

Subject Content

  1. Foundations of Quantitative Skills 
  2. Financial Reporting 
  3. Assets and Depreciation 
  4. Inventory 
  5. Simple Interest and Promissory Notes
  6. Compound Interests 
  7. Annuities and Sinking Funds
  8. Statistics and Probability 
  9. Expected Value and Profit

This course may be offered in the following formats

  • Face to Face (on site)
  • E-learning (online)
  • Intensive
  • Extensive

Please consult your course prospectus or enquire about how and when this course will be offered next at Alphacrucis University College.

Assessment Methods

  1. Tests (30%)
  2. Exam (40%)
  3. Scenario Analysis and Excel Practice (30%)

Prescribed Text

Lakin, S. (2017). Business Express: Effective Numeracy Skills: Understanding and using maths in day-to-day work. Pearson UK
Please consult your instructor before purchasing any texts