Quantitative Methods In Finance - 2017

To enrol in this unit, you must be accepted into a course from the provider. Read before you start

Unit summary

MFIN1095

  • Level of Study: Postgraduate
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: No
  • Duration: 13 weeks
  • Government loans available: FEE-HELP
  • Availability for 2016: Sess 1 , Sess 3
  • Availability for 2017: Sess 1 , Sess 3
  • Assessment: Invigilated Exam - Linked CLOs: 1, 2, 3, 4, 5, (40%) , Project - Linked CLOs: 1, 2, 3, 4, 5 (30%) - Learn more

Unit provided by

or
2017 Fees
AUD$
Domestic 4,080.00
International 4,330.00

This unit introduces you to a range of statistical techniques which managers use. You will apply these techniques to practical finance examples. To do this you need a calculator. For larger applications you will learn how to use Microsoft Excel to perform any of the calculations associated with these statistical techniques. The focus in this subject however is on how to analyse and interpret your own results or the output from Excel. You will learn how to apply these techniques by working with examples which are relevant to most major business disciplines and the functional areas of large organizations. These include examples from Accounting, Economics, Finance, Financial Planning, with a specific focus on the body of knowledge recommended by CFA.

On successful completion of this unit you will be able to:

  1. CLO1: Illustrate and describe information using a range of numerical and graphical procedures both by hand and in Excel
  2. CLO2: Apply the scientific process by first deriving statistical hypotheses and to subsequently determine statistical inference using sample information to arrive at probable conclusions about population values
  3. CLO3: Uncover relationships between variables and to produce forecasts of the future values of strategic variables using regression and correlation analysis
  4. CLO4: Critically analyse statistical findings published by the media, research agencies and the Government to validate and verify its accuracy
  5. CLO5: Communicate statistical findings and results in an unbiased manner to a non-technical audience such as decision makers, stakeholders and the general public.
  • Invigilated Exam — Linked CLOs: 1, 2, 3, 4, 5, (40%)
  • Project — Linked CLOs: 1, 2, 3, 4, 5 (30%)
  • Quizzes — Linked CLOs: 1, 2, 3 (30%)
For more information on invigilated exams see Exams and results

There are no prerequisites for this unit.

  • Broadband access

In order to enrol in this unit, you must be accepted into one of the following courses:

Please visit the course details page and read the Requirements tab for more information about eligibility.

This unit addresses the following topics.

NumberTopic
1Organizing & Presenting Data
2Numerical Descriptive Measures
3Basic Probability
4Discrete Prob. & Index Numbers
5Continuous Distributions
6Sampling Distributions & Estimation
7Confidence Intervals
8Hypothesis Testing
9Linear Regression
10Time series forecasting

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Online Quizzes/Tests
  • Online assignment submission

Online materials

  • Audio/Video - Streaming
  • Printable format materials
  • Quizzes

This unit is a core requirement in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbook information for this unit is currently being updated and will be available soon. Please check back regularly for updates. Alternatively, visit the The Co-op website and enter the unit details to search for available textbooks.

Enquire online

Need to ask a question that's best put down in words?
Make an online enquiry.

Enquire now

Ready to enrol?

Start studying this unit now.

or

Got a question?

Get an answer from one of our friendly Student Advisors.