Postgraduate RMI-MFIN1095-2018

Quantitative Methods In Finance

Step into the world of finances, statistics and graphs.Experiment with the mathematical capabilities of Microsoft Excel. Interpret its output and consider how these techniques could be relevant in business. Address probability and linear regression.

Duration

14 weeks

Study method

100% online

Available loans

FEE-HELP

Assessments

Subjects may require attendance

Prior study

Not required

Study terms

20 Jul 2020

Australia's largest dual-sector institute, offering both TAFE and higher education, RMIT University proudly delivers work-related education and practical research relevant to current business and community needs. More than 60,000 students study with RMIT, and many of their degrees are available through Open Universities Australia.

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Subject details

What you'll learn

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

CLO1: Use various mathematical and statistical procedures to analyse financial data
CLO2: Draw analytical conclusions from financial data using descriptive statistics, hypotheses testing and inference, correlation analysis and regression
CLO3: Use relationships between variables to forecast their future value to inform strategic decisions
CLO4: Communicate quantitative findings to decision makers, stakeholders and the general public.

Topics covered

- Mathematical Concepts (revision)
- Basic Probability
- Probability Distributions
- Sampling Distributions and Estimation
- Statistical Inference and Hypothesis Testing
- Correlation Analysis and Regression
- Time Series Analysis
- Finance Applications

Entry requirements

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

Elective

OUA-PSU-GCE-2020
UNE-PRO-GCE-2020

Special requirements

No special requirements

Description

This course introduces mathematical and statistical techniques used in the finance industry. These techniques will be applied to problems that are relevant in Accounting, Economics, Finance and Financial Planning, with a specific focus on the Quantitative Methods body of knowledge recommended by Chartered Financial Analyst (CFA).

Assessments

Assignment 1 - Linked CLOs: 1, 2 (25%)
Assignment 2 - Linked CLOs: 3, 4 (25%)
Invigilated Exam - Linked CLOs: 1, 2, 3, 4 (50%)

Textbooks

Current study term (19 Jul 20 to 25 Oct 20)

Check the learning management system (LMS) of your university for textbook details.

Related degrees

Postgraduate OUA-PSU-GCE-2020

Postgraduate Single Subjects

Postgraduate UNE-PRO-GCE-2020

Graduate Certificate in Professional Practice