Statistics and Financial Mathematics for Business

430

In this course you will learn about the concepts and methods of data analysis, statistical inference and financial mathematics.

  •  
    Level
    4
  •  
    Credits
    20
  •  
    EFTs
    0.1667
  • Delivery type
    2019
    Trimester 2 2019 Online/Print   
  • Workload

    Allow 10-12 hours study time per week for each 20 credit course. 

  • Cost
    2019
    NZ students $730 + $60 annual administration fee
    International students $2,254 + $60 annual administration fee
  • Intakes
    2019
    Trimester 2 enrol by 23 Jun 2019 to start 1 Jul 2019
  •  
    Exam dates
    2019
    Trimester 1, 11 Jun 2019
    Trimester 2, 14 Oct 2019
  •  
    Prerequisites Check entry and other requirements under the qualification you are studying

Once you have completed this course you should be able to:

  • calculate summary statistics, use software to present data clearly and interpret data
  • use methods of correlation and regression to analyse and interpret a given data set and make predictions
  • use computer software to plot time series, identify their features, then produce and explain forecasts
  • demonstrate the correct use of random sampling techniques to select samples, and identify potential sources of bias
  • describe the Consumer Price Index (CPI), and use index numbers to compare time series, and to remove the effect of price changes from (deflate) financial time series
  • apply financial mathematics to lump sums and annuities
  • apply probability distributions, estimate population means and proportions, interpret confidence intervals and calculate sample sizes to achieve the required margin of error
  • identify types of process variation and create and interpret control charts to achieve quality control.

Other requirements

If you don’t have Mathematics to Year 12 (6th form) level, or an equivalent, or you have not studied maths for some time, please contact the course lecturer before you enrol.

You will require internet access and Excel to complete this course.

Assessment

Assessment for this course is:

  • 50% internally assessed
  • 50% exam.

For more information about exams, including a full list of exam times see our exam information page:

 Examination information

Textbooks

No textbooks are required for this course.

How to enrol

Before enrolling in this course you need to:

  • choose the qualification you will study the course under
  • check the order that courses in the qualification should be studied in the Qualification Structure table. This is in the Choose courses and apply tab on the qualification page.

Lecturer / Tutor

  •  
    Level
    4
  •  
    Credits
    20
  •  
    EFTs
    0.1667
  • Delivery type
    2019
    Trimester 2 2019 Online/Print   
  • Workload

    Allow 10-12 hours study time per week for each 20 credit course. 

  • Cost
    2019
    NZ students $730 + $60 annual administration fee
    International students $2,254 + $60 annual administration fee
  • Intakes
    2019
    Trimester 2 enrol by 23 Jun 2019 to start 1 Jul 2019
  •  
    Exam dates
    2019
    Trimester 1, 11 Jun 2019
    Trimester 2, 14 Oct 2019
  •  
    Prerequisites Check entry and other requirements under the qualification you are studying