Faculty of Business and Economics

Postgraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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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, or view unit timetables.

FacultyFaculty of Business and Economics
OfferedCaulfield First semester 2012 (Evening)
Caulfield Second semester 2012 (Evening)


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)

Dr Inyeob Ji

Contact hours

3 hours per week