17-05-2013, 01:04 PM
Course Outline for (MBA/EMBA) Programme MBA/EMBA 504 (Business Math & Functional Statistics)
Course Outline.docx (Size: 23.3 KB / Downloads: 20)
Course Objectives:
The purpose of the course is to provide the student with a mathematical basis for personal and business financial decisions. The course covers review of set theory, polynomial functions, vector & matrices, application of differentiation, techniques of integration and decision making with linear programming. The course also covers descriptive analysis of data-measures of central tendency and dispersion, fundamentals of probability theory and applications, correlation and multiple regressions. Special focus is given identification of a business research problem, development of a theoretical/conceptual model as well as regression model for the business issue, design of questionnaire, data collection, and use of statistical regression software such as SPSS (Statistical Package for the Social Sciences) / SAS (Statistical Analysis Software).
General Learning Outcomes (Competences)
On successful completion of this course, all students will have developed knowledge and understanding of:
- Set theory
- Polynomial functions
- Vector and matrices
- Techniques of Integration
- Application of Differentiation
- Fundamentals of probability theory and applications
- Correlation and multiple regressions
- SAS/SPSS (Statistical regression software)
On successful completion of this course, all students will have developed their skills in:
- Mathematical expressions and operations
- Finding derivatives by rules
- understand and apply the procedures for integrating rational functions
- Locating and identifying critical points and their natures
- Finding areas under a curve and/or between two curves
- Application of statistical techniques with the help of business data
- Design of questionnaire, data collection and use of statistical regression software
On successful completion of this course, all students will have developed their appreciation of and respect for values and attitudes regarding the issues of:
- Willingness to work independently to solve problems
- Willingness to reach extra information about the topics (library and/or internet)
- Plagiarism and cheating