Faculty of Business and Economics

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Monash University Handbook 2011 Postgraduate - Unit

6 points, SCA Band 0 (NATIONAL PRIORITY), 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

FacultyFaculty of Business and Economics
OfferedCaulfield First semester 2011 (Day)
Caulfield First semester 2011 (Evening)
Caulfield Second semester 2011 (Day)
Caulfield Second semester 2011 (Evening)
Gippsland First semester 2011 (Off-campus)


Introduction to the use of spread sheets; basic mathematics; descriptive statistics; elementary probability; discrete probability distributions; continuous probability distributions; hypothesis testing; forecasting and time series; regression and correlation.


The learning goals associated with this unit are to:

  1. acquire an appropriate vocabulary and understanding of basic mathematical terminology
  2. understand the use of statistics and quantitative methods, and interpret data to be more effective in business planning, forecasting and management
  3. apply and integrate skills and knowledge acquired via the use of models, formulae, and examples drawn from various applications in Finance and Accounting
  4. apply critical thinking, problem solving and presentation skills in individual and / or group activities dealing with quantitative methods and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFX9510.


Within semester assessment: 30%
Examination (3 hours): 70%

Chief examiner(s)

Philip Ji

Contact hours

3 hours per week