Handbook home
Quantitative Methods for Business (ECOM90009)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Semester 1:
Dr Liana Jacobi
Email: ljacobi@unimelb.edu.au
John Shannon
Email: henry.shannon@unimelb.edu.au
Semester 2:
John Shannon
Email: henry.shannon@unimelb.edu.au
Semester 2
Semester 1:
Dr Liana Jacobi
Email: ljacobi@unimelb.edu.au
John Shannon
Email: henry.shannon@unimelb.edu.au
Semester 2:
John Shannon
Email: henry.shannon@unimelb.edu.au
Overview
Availability | Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
The subject introduces students without a strong mathematical background to some of the methods used to collect, present and analyse data and to provide illustrative applications to decision problems faced by business managers. Topics will be chosen from: sources of data; sampling and collection of primary data; presentation and summary measures of data; random variation of data and some implications for hypothesis testing and forecasting; an introduction to decision models with uncertainty; the use and interpretation of estimated regression equations; some forecasting methods used by business.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Explain how statistical theory applies to decision-making;
- Explain how data is sampled, collected and presented using a range of summary measures;
- Construct and analyse relevant measures of the random variation of data;
- Construct and explain the implications of hypothesis tests and estimates of regression equations;
- Explain some forecasting methods;
- Evaluate evidence to inform decision making.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Evaluation of ideas, views and evidence
- Synthesis of ideas, views and evidence
- Strategic thinking
- Critical thinking
- Application of theory to economic policy and business decision making
- Accessing economic and other information
- Summary and interpretation of information
- Application of Windows software
- Problem solving skills
- Negotiation and bargaining
- Written communication
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Entry into the Master of Management suite of programs.
Corequisites
None
Non-allowed subjects
This subject is not available to students enrolled in MC-MGMTAFN Master of Management (Accounting and Finance).
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- A 2-hour end-of-semester examination (60%);
- A 1-hour mid-semester test (10%); and,
- Three assignments totalling 30 pages due in weeks 3, 9 and 12 of semester (30%)
Note: Successful completion of this subject requires a pass (50%) in the final exam.
Last updated: 3 November 2022
Dates & times
- Semester 1
Principal coordinator Liana Jacobi Mode of delivery On Campus (Parkville) Contact hours A 2-hour lecture and a 1-hour tutorial per week Total time commitment 170 hours Teaching period 27 February 2017 to 28 May 2017 Last self-enrol date 10 March 2017 Census date 31 March 2017 Last date to withdraw without fail 5 May 2017 Assessment period ends 23 June 2017 Semester 1 contact information
Semester 1:
Dr Liana Jacobi
Email: ljacobi@unimelb.edu.au
John Shannon
Email: henry.shannon@unimelb.edu.au
Semester 2:
John Shannon
Email: henry.shannon@unimelb.edu.au
- Semester 2
Coordinator John Shannon Mode of delivery On Campus (Parkville) Contact hours A 2-hour lecture and a 1-hour tutorial per week Total time commitment 170 hours Teaching period 24 July 2017 to 22 October 2017 Last self-enrol date 4 August 2017 Census date 31 August 2017 Last date to withdraw without fail 22 September 2017 Assessment period ends 17 November 2017 Semester 2 contact information
Semester 1:
Dr Liana Jacobi
Email: ljacobi@unimelb.edu.au
John Shannon
Email: henry.shannon@unimelb.edu.au
Semester 2:
John Shannon
Email: henry.shannon@unimelb.edu.au
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Management (Finance) Course Master of Management (Accounting) - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 3 November 2022