Quantitative Methods In Finance - 2018

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

Unit summary


  • 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 2017: Sess 1 , Sess 3
  • Availability for 2018: Sess 1 , Sess 3
  • Assessment: Assignment - Linked CLOs: 1, 2, 3, 4 (20%) , Invigilated Exam - Linked CLOs: 1, 2, 3, 4 (40%) - Learn more

Unit provided by

2018 Fees
Domestic 4,200.00
International 4,450.00

This unit introduces you to a range of statistical techniques which are used in the finance industry. For larger applications you will use Microsoft Excel to perform calculations associated with these statistical techniques. The focus of this unit is on analysing and interpreting results obtained from statistical techniques. You will learn how to apply these techniques by working with examples which are relevant to most major business, including Accounting, Economics, Finance, Financial Planning, with a specific focus on the body of knowledge recommended by Chartered Financial Analyst (CFA).

On successful completion of this unit you will be able to:
  • CLO1: Report on information obtained from financial data using graphical and numerical procedures
  • CLO2: Draw analytical conclusions from financial data using hypotheses tests and statistical inference
  • CLO3: Uncover relationships between variables to forecast their future value to inform strategic decisions
  • CLO4: Communicate statistical findings to decision makers, stakeholders and the general public.
  • Assignment — Linked CLOs: 1, 2, 3, 4 (20%)
  • Invigilated Exam — Linked CLOs: 1, 2, 3, 4 (40%)
  • Quizzes — Linked CLOs: 1, 2, 3 (40%)
For more information on invigilated exams see Exams and results

There are no prerequisites for this unit.

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.

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 is part of a major, minor, stream or specialisation 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.

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