• Semester 2 (Day)
• Semester 2 (External)
• Semester 3 (External)

Synopsis

This  unit  introduces  students to the concept  and  applications  of
quantitative  and heuristic approaches to business problems.  Most  of
these techniques are based on the understanding of probability and the
methods  of  manipulating data in order to find optimum answers.  Such
methods   include  matrices,  non-parametric  statistical  techniques,
calculus and optimisation theory. All these approaches will be studied
with  the  business-related problems so students can  recognise  their
uses in business decision-making.