Statistical Quantitative Methods

In today's dynamic and competitive business environment, a key ability for a successful manager is to use a knowledge-based framework to analyse and make decisions. This course introduces students to the basic statistical and quantitative models for making informed management decisions. It focuses on understanding the principles and developing problem- solving skills. The use of computer-based solution tools will be emphasised throughout the course. Students will be expected to structure business problems as decision models, solve models using the relevant software and interpret the computer-generated solutions to address key issues. Computer exercises, cases, examples drawn from accounting, marketing, finance, operations management and other management functions will be widely used in the course.