Quantitative Skills
Quick Info
- Currently offered by Alphacrucis: Yes
- Course code: BUS105
- Credit points: 10
- Subject coordinator: Ka Lun Kenelm Chan
Awards offering Quantitative Skills
This unit is offered as a part of the following awards:
Unit Content
Outcomes
- Apply quantitative skills in solving problems in business;
- Demonstrate the use of statistics and probability in business
- Evaluate rationale and relevant quantitative approaches in contexts of business, economics, finance, and management;
- Use financial data to generate business decision models.
Subject Content
- Foundations of Quantitative Skills
- Financial Reporting
- Assets and Depreciation
- Inventory
- Simple Interest and Promissory Notes
- Compound Interests
- Annuities and Sinking Funds
- Statistics and Probability
- Expected Value and Profit
Assessment Methods
- Tests (30%)
- Exam (40%)
- 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
Check with the instructor each semester before purchasing any textbooks