MG4F7 Half Unit
This information is for the 2020/21 session.
This course is compulsory on the MSc in Management (1 Year Programme). This course is not available as an outside option.
The course is designed to achieve an understanding of fundamental notions of data presentation and data analysis and to use statistical thinking in the context of business problems. The course deals with modern methods of data exploration (designed to reveal unusual or problematic aspects of databases), the uses and abuses of the basic techniques of inference, and the use of regression as a tool for management and for financial analysis.
15 hours of lectures and 9 hours of seminars in the MT.
Students will be expected to produce 1 project in the MT.
The two formative assessments will be in class exercises with two components. One component will help prepare students for the Project (i.e., an application of a statistical technique to solve a company problem or research question), and the other component will help prepare students for the Final Exam.
• Statistics for Business Decision Making and Analysis, by Robert Stine and Dean Foster (S & F) second edition Pearson.
Exam (50%, duration: 2 hours, reading time: 15 minutes) in the January exam period.
Project (35%, 3000 words) and continuous assessment (15%) in the MT.
Important information in response to COVID-19
Please note that during 2020/21 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the situation of students in attendance on campus and those studying online during the early part of the academic year. For assessment, this may involve changes to mode of delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.
Total students 2019/20: 75
Average class size 2019/20: 15
Controlled access 2019/20: Yes
Value: Half Unit
Personal development skills
- Team working
- Problem solving
- Application of information skills
- Application of numeracy skills
- Commercial awareness