Course Description:
Course Title:
Quantitative Methods in a Business Context
Course Description:
This course aims to improve students’ knowledge and skills in the application of quantitative methods in a business context. Students will learn how to use numerical techniques to analyse data, inform decision making, and solve business problems. The course will cover topics such as data analysis, measures of central tendency and dispersion, correlation analysis, forecasting, and performance analysis. Through interactive lessons, quizzes, and assignments, students will develop the ability to use quantitative methods effectively in a real-world business environment. Additionally, the course will cover topics such as percentages, approximating data using rounding, significant figures, and interpreting index numbers over a specific time period.
Course Objectives:
Understand the importance of quantitative methods in business decision making
Apply numerical techniques to analyse data and identify trends
Calculate measures of central tendency and dispersion to understand data distribution
Evaluate the relationship between variables using correlation analysis
Use forecasting techniques to predict future business performance
Interpret data including index numbers over a specific time period
Approximate data using rounding and significant figures
