Courses & Units
Quantitative Methods XPD105
Hobart
Introduction
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.
Summary
| Unit name | Quantitative Methods |
|---|---|
| Unit code | XPD105 |
| Credit points | 12.5 |
| College/School | Academic Division Provost |
| Discipline | University Pathways |
| Coordinator | Mr Mustajab Ahmed Soomro |
| Available as an elective? | |
| Delivered By | Delivered wholly by the provider |
| Level | Introductory |
Availability
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | On-Campus | International | ||
Key
- On-campus
- Off-Campus
- International students
- Domestic students
Key Dates
| Study Period | Start date | Census date | WW date | End date |
|---|---|---|---|---|
| Semester 1 | 22/2/2021 | 23/3/2021 | 12/4/2021 | 30/5/2021 |
* 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 (refer to How do I withdraw from a unit? for more information).
Unit census dates currently displaying for 2021 are indicative and subject to change. Finalised census dates for 2021 will be available from the 1st October 2020. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
Learning Outcomes
- Explain the basic concepts of the time valuation of money, and be able to apply these concepts to common situations in business/personal finance.
- Demonstrate sound practices in sampling, data description and presentation in a business environment.
- Apply basic probability concepts, distributions and statistical inference as an aid to business decision making.. Interpret and communicate output from quantitative models
- Interpret and communicate output from quantitative models
Fee Information
| Field of Education | Commencing Student Contribution 1,3 | Grandfathered Student Contribution 1,3 | Approved Pathway Course Student Contribution 2,3 | Domestic Full Fee 4 |
|---|---|---|---|---|
| 010103 | $493.00 | $493.00 | not applicable | $2,402.00 |
1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.
If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.
Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.
Requisites
Mutual Exclusions
You cannot enrol in this unit as well as the following:
BEA140Teaching
| Assessment | Maths of Finance Quiz (5%)|Examination (55%)|Data and Summary Statistics Quiz (5%)|Probability Quiz (5%)|Maths of Finance Assignment (10%)|Data and Summary Statistics Assigment (10%)|Probability Assignment (10%) |
|---|---|
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
Required readings will be listed in the unit outline prior to the start of classes. |
Links | Booktopia textbook finder |
|---|
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.