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  3. Quant Analysis for Managerial Decisions

Quant Analysis for Managerial Decisions (MGMT90048)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Year of offer2019
Subject levelGraduate coursework
Subject codeMGMT90048
FeesSubject EFTSL, Level, Discipline & Census Date

This subject involves skill building in statistical and decision analysis methods for managers, including probability, decision trees and linear programming, and correlation and regression techniques.

Intended learning outcomes

Students who successfully complete this subject should:
• Understand the role of statistical analysis in managerial decision making
• Appreciate decision modeling as a way of learning about commercial decisions
• Understand utility and other models for understanding complex decisions
• Be able to formulate linear programs to model business decisions
• Appreciate a range of management science models

Generic skills

On successful completion of this subject students should have enhanced their skills in:

  • Ethical behaviour in leadership and organisations
  • Analysis and problem solving
  • Capacity for intellectual curiosity, creativity and independent thought
  • Communication of key ideas and theories within the discipline areas
  • Capacity for effective teamwork and collaboration
  • Information retrieval and application in relation to practical problems.

Last updated: 21 August 2019