Quantitative Methods for Business (QBUS5001)

UNIT OF STUDY

This unit highlights the importance of statistical methods and tools for today's managers and analysts, and demonstrates how to apply these methods to business problems using real-world data. The quantitative skills that students will learn in this unit will be useful in all areas of business. Through taking this unit students will learn how to model and analyse the relationships within business data; how to identify the appropriate statistical technique in different business environments; how to compute statistics by hand and using special purpose software; how to interpret results in the context of the business problem; and how to forecast using business data. The unit will be taught through data-driven examples, exercises and business case studies.

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Further unit of study information

Classes

1x 3hr lecture and 1x 1hr tutorial per week

Assessment

Basic skills assessment (5%), weekly online problem (10%), assignments (20%), midsemester exam (25%), and final exam (40%)

Faculty/department permission required?

No

Unit of study rules

Prohibitions

ECMT5001, QBUS5002

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Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

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Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.

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