Quantitative Business Analysis

Learning Outcomes

Upon successful completion of this course, students are expected to be able to apply systematic steps in using certain quantitative methods; to solve business, management and financial problems using quantitative analysis; to formulate mathematical model for a certain business problem; and to compare and evaluate the effectiveness of several alternative decision models using computer software.

Topics

The course introduces the fundamental concept of quantitative methods to decision making in management. It is designed to equip students with a sound understanding of the basic roles of management science or operation research in the decision making process. It composes of the application of a wide variety of quantitative tools and techniques to the solutions of real business problems. The course also introduces the fundamental concepts of Mathematics of Finance and the application of mathematics in the financial markets. It would cover calculation of interest rates (simple, discount and compound interest), concepts of time value of money as well as annuities and perpetuities.