Postgraduate RMI-MFIN1095-2019

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.

From

$4,320 $4,570

Your upfront cost: $0

International student?

Duration

14 weeks

Study method

100% online

Available loans

FEE-HELP

Assessments

Subjects may require attendance

Prior study

Not required

Study terms

11 Nov 2019
02 Mar 2020
16 Nov 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.

University ranking

2019
2020

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
Study resources
- Instructional methods
  - Discussion forum/Discussion Board
  - Online assignment submission
- Online materials
  - Printable format materials
  - Audio-Video streaming

Entry requirements

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

Core

RMI-MFC-GCE-2019
RMI-MFC-MAS-2019

Elective

OUA-PSU-GCE-2019
UNE-PRO-GCE-2019

Special requirements

No special requirements

Description

This subject 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 (10 Nov 19 to 16 Feb 20)

Textbook information is pending.

Next study term (01 Mar 20 to 07 Jun 20)

Textbook information is pending.

Related degrees

postgraduate RMI-MFC-GCE-2019

Graduate Certificate in Finance

postgraduate RMI-MFC-MAS-2019

Master of Finance

postgraduate OUA-PSU-GCE-2019

Postgraduate Single Subjects

postgraduate UNE-PRO-GCE-2019

Graduate Certificate in Professional Practice