Key facts

UNE unit code: QM461

*You are viewing the 2027 version of this unit which may be subject to change in future.

Start
  • Trimester 1 - On Campus
  • Trimester 1 - Online
Campus
  • Armidale Campus
24/7 online support
  • Yes
Intensive schools
  • No
Supervised exam
  • Yes
Credit points
  • 6

Unit information

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Mathematics and statistics have important applications in, finance, management, business and economics.

Studying this unit will equip you with the skills in mathematics and statistics to solve real-life issues in the workplace.

Topics you will investigate include business mathematics, differentiation, optimisation, integration, matrix algebra and mathematics relevant to finance and management.

You will also explore descriptive statistics, discrete probability distributions, continuous probability distributions, confidence intervals and hypothesis testing.

Offerings

For further information about UNE's teaching periods, please go to Principal Dates.

Teaching period
Mode/location
Trimester 1On Campus, Armidale Campus
Trimester 1Online

*Offering is subject to availability

Intensive schools

There are no intensive schools required for this unit.

Enrolment rules

Pre-requisites
candidature in postgraduate award.
Restrictions
QM161 or STAT100

Notes

Please refer to the student handbook for current details on this unit.

Unit coordinator(s)

Nam Hoang

Learning outcomes

Upon completion of this unit, students will be able to:

  1. demonstrate a professional understanding of the basic mathematical and statistical techniques needed for quantitative analysis;
  2. apply those techniques for solving complex management problems;
  3. apply tools to analyse and critically evaluate different types of management problems; and
  4. demonstrate an appreciation of the vast array of quantitative techniques that still remain unexplored.

Assessment information

Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.

TitleMust CompleteWeightOfferingsAssessment Notes
Assignment 1Yes15%All offerings

Mathematical and statistical exercises.

Word length not applicable owing to the statistical/mathematical nature of the assignment

Assignment 2Yes15%All offerings

Mathematical and statistical exercises.

Word length not applicable owing to the statistical/mathematical nature of the assignment

Assignment 3Yes15%All offerings

Mathematical and statistical exercises.

Word length not applicable owing to the statistical/mathematical nature of the assignment

Final Examination - Assurance TaskYes55%All offerings

There is a supervised exam during the teaching period in which you are enrolled. The exam will be offered online with supervision via webcam and screen sharing technology. Coordinated by UNE Exams Unit.

Students must obtain at least 50% in the examination (and at least 50% overall) to receive a pass or better in the unit.

Learning resources

Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.

Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.

Introductory Mathematical Analysis for Business, Economics, and the Life and Social Sciences

ISBN: 9780134141107

Haeussler, E.F., Paul, R.S. and Wood, R.J., Pearson 14th ed. 2018

Text refers to: All offerings

Note: Recommended material may be held in the University Library — purchase is optional.

Statistics for Managers Using Microsoft Excel, Global Edition.

ISBN: 9781292338248

Levine, D.M., Stephan, D.F. and Szabat, K.A., Pearson 9th ed. 2020

Note: The Recommended Text is also available as e-book 9781292338309

Text refers to: All offerings

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