Details for BUS105 Quantitative Skills

Quick Stats

  • Currently offered by Alphacrucis: Yes
  • Course code: BUS105
  • Credit points: 10

Subject Coordinator

Contact studentsupport@ac.edu.au for more information.

Prerequisite

Nil

Unit Content

Outcomes

  1. Apply quantitative skills in solving problems in business;
  2. Demonstrate the use of statistics and probability in business
  3. Evaluate rationale and relevant quantitative approaches in contexts of business, economics, finance, and management;
  4. Use financial data to generate business decision models.

Subject Content

  1. Foundations of Quantitative Skills
  2. Financial Reporting
  3. Assets and Depreciation
  4. Inventory
  5. Simple Interest and Promissory Notes
  6. Compound Interests
  7. Annuities and Sinking Funds
  8. Statistics and Probability
  9. Expected Value and Profit

This course may be offered in the following formats

Please consult your course prospectus or enquire about how and when this course will be offered next at Alphacrucis University College.

Assessment Methods

  1. Tests (30%)
  2. Exam (40%)
  3. Scenario Analysis and Excel Practice (30%)

Prescribed Text

Lakin, S. (2017). Business Express: Effective Numeracy Skills: Understanding and using maths in day-to-day work. Pearson UK
Check with the instructor each semester before purchasing any textbooks