Hobart, Launceston, Cradle Coast, Hong Kong Universal Ed
BEA140 Quantitative Methods is a foundation unit in business statistics and the mathematics of finance, and is a core unit in the Bachelor of Economics (BEc) and Bachelor of Business (BBus) degrees. It is also a nominated elective in a wide range of other programs throughout the University of Tasmania. This unit is intended to provide a background capacity in mathematics of finance and statistical description and analysis, appropriate for a business student. The focus of the unit is on the practical use of data in business and economic decision environments, especially in an environment of risk and uncertainty. The unit is an introduction to the exciting world of applying mathematics and statistics to business problems. By studying a variety of examples based on real world problems, the unit highlights the application of quantitative methodologies to assist managers, and decision makers, in dimensioning and communicating risks and opportunities.
|Unit name||Quantitative Methods|
|Faculty/School||College of Business & Economics
Tasmanian School of Business and Economics
|Discipline||Economics and Finance|Mathematics|
Mr Steve Thollar
Mr Steve Thollar
|Available as student elective?||Yes|
|Location||Study period||Attendance options||Available to|
|Hobart||Semester 2||On-Campus||Off-Campus||International International||Domestic Domestic|
|Launceston||Accelerated Study Period 2||On-Campus||International||Domestic|
|Cradle Coast||Semester 2||On-Campus||International||Domestic|
|Hong Kong Universal Ed||Semester 2||On-Campus||International|
- International students
- Domestic students
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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
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|Study Period||Start date||Census date||WW date||End date|
|Accelerated Study Period 2||25/5/2020||12/6/2020||9/7/2020||22/8/2020|
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).
Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2020.
- LO1: Explain the basic concepts of the time valuation of money and be able to apply these concepts to common situations in business/personal finance.
- LO2: Demonstrate sound practices in sampling, data description and presentation in a business environment.
- LO3: Apply basic probability concepts, distributions and statistical inference as an aid to business decision making.
- LO4: Interpret and communicate output from quantitative models.
|Band||CSP Student Contribution||Full Fee Paying (domestic)||Field of Education|
|2||2020: $1,190.00||2020: $2,402.00||010103|
Fees for next year will be published in October. The fees above only apply for the year shown.
Please note: international students should refer to this page to get an indicative course cost.
You must complete one of the following prerequisites prior to attempting BEA140:
- TCE MTG315115 General Mathematics, TCE MTA315109 Mathematics Applied, or TCE MTM315114 Mathematics Methods
- OR a bridging mathematics unit (either UPP075, XAB090, BEA109, or EUS013 AND EUS014)
- OR equivalent studies as accepted by the Tasmanian School of Business and Economics (such as either of the Foundation Studies units KMA002 or KMA003)
- OR a higher level Mathematics subject
You cannot enrol in this unit as well as the following:
1 x 2 hour lecture, 1 x 1 hour workshop per week.
Note: for students requiring additional assistance, weekly tutorials beginning in Week 4 will be arranged - these tutorials are NON-COMPULSORY
Internal assessments 45%, Final exam 55%. Please check the unit outline for details.
|Timetable||View the lecture timetable | View the full unit timetable|
Please check the unit outline for details.
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The University reserves the right to amend or remove courses and unit availabilities, as appropriate.