Quantitative Methods for Business Management

This course teaches best practice quantitative methods used in conventional and sustainable business settings today. The data management and modelling functions in which these tools are used exist in most mainstream business functions, e.g., marketing, operations management, finance, accounting, long-term strategy and managerial economics.

Course Content:

Calculus, Linear Algebra,

Probability Theories and Statistics(essentials of modern business statistics),

Discrete Random Variables,

Inferential Statistics and Correlation Analysis,

Simple and Multiple Linear Regression,

Time series Models,

Models for Decision Making: Deterministic Models and Linear Programming Models,

Models for Decision Making: Decision Making Under Risk,

Advanced Statistical Modeling

using a statistical software application preferably, MS Excel will form part of the course.