Year
2021
Units
4.5
Contact
1 x 3-hour workshop weekly
Enrolment not permitted
BUSN9208 has been successfully completed
Assumed knowledge
A basic understanding of mathematics. Familiarity with Microsoft Excel.
Topic description

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.

Educational aims

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.

Expected learning outcomes
On completion of this topic you will be expected to be able to:

  1. Utilise financial mathematical and statistical concepts and techniques applicable to the analysis of relevant data for business decisions
  2. Organise and analyse data relevant to the problems they encounter as managers within both business and large institutional organisations
  3. Summarize the data and present them graphically
  4. Perform various statistical tests
  5. Estimate least-squares regressions

Key dates and timetable

(1), (2)

Each class is numbered in brackets.
Where more than one class is offered, students normally attend only one.

Classes are held weekly unless otherwise indicated.

FULL

If you are enrolled for this topic, but all classes for one of the activities (eg tutorials) are full,
contact your College Office for assistance. Full classes frequently occur near the start of semester.

Students may still enrol in topics with full classes as more places will be made available as needed.

If this padlock appears next to an activity name (eg Lecture), then class registration is closed for this activity.

Class registration normally closes at the end of week 2 of each semester.

Classes in a stream are grouped so that the same students attend all classes in that stream.
Registration in the stream will result in registration in all classes.
  Unless otherwise advised, classes are not held during semester breaks or on public holidays.