This topic will introduce students to the platform, tools, types of data and analysis applicable to managerial decision making in a business context. Decisions requiring mathematical analysis within accounting, finance, management and economics will be reviewed and explored. Basic mathematical and statistical concepts will be briefly refreshed and then utilised, including within the Microsoft Excel platform. Within this platform data will be assessed for its relevance and then manipulated to produce information of value to the user.
This topic aims to give the graduate the confidence to explore various mathematical and statistical tools, some through Microsoft Excel. The topic aims to provide analytical tools and skills that students can apply to their work environments to enhance the decision making process by the inclusion of appropriate data analysis. The overarching aim of this topic is to give the students the understanding and confidence to explore the various analytical options made available in their workplace and to be able to utilise these options.