Module overview
Aims and Objectives
Learning Outcomes
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- the basic optimisation techniques;
- the basics of Algebra and how it is applied in business;
- the basic decision-modelling techniques;
- the basic probability concepts;
- the basics of Financial Mathematics;
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- apply mathematics and statistics knowledge to model common business/management problems.
- solve basic mathematics and statistics problems in a business/management context;
Transferable and Generic Skills
Having successfully completed this module you will be able to:
- critical analysis and decision making skills whether working alone or with a group, quantitative analysis including using spreadsheet tools.
Subject Specific Practical Skills
Having successfully completed this module you will be able to:
- build quantitative models, which aid the solution of management problems and decision making;
- have familiarity and confidence in the use of mathematical notation and basic mathematical skills used in managerial problem solving.
Syllabus
Learning and Teaching
Teaching and learning methods
Type | Hours |
---|---|
Lecture | 24 |
Revision | 26 |
Preparation for scheduled sessions | 25 |
Practical classes and workshops | 2 |
Tutorial | 9 |
Wider reading or practice | 26 |
Completion of assessment task | 23 |
Follow-up work | 15 |
Total study time | 150 |
Resources & Reading list
Textbooks
Swift, L., and Piff, S. (2010). Quantitative Methods for Business, Management and Finance. Palgrave McMillan.
Wisniewski, M. (2002). Quantitative Methods for Decision-Makers. London: Pitman.
Waters, D. (2001). Quantitative Methods for Business. FT Prentice Hall.
Morris C. (2000). Quantitative Approaches in Business Studies. FT Prentice Hall.
Assessment
Formative
This is how we’ll give you feedback as you are learning. It is not a formal test or exam.
Assessment tasks
- Assessment Type: Formative
- Feedback: Prompt and individual feedback will be given in the on-line weekly assessment tasks that the student can do from home. Verbal formative feedback is given throughout the module during lectures, classes and one-to-one meetings.
- Final Assessment: No
- Group Work: No
Summative
This is how we’ll formally assess what you have learned in this module.
Method | Percentage contribution |
---|---|
Open Book Exam | 100% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
Method | Percentage contribution |
---|---|
Written assessment | 100% |
Repeat
An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.
Method | Percentage contribution |
---|---|
Written assessment | 100% |
Repeat Information
Repeat type: Internal & External