UO Quantitative Methods for Business

Undergraduate | 2026

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Area/Catalogue
MATH 1028
Course ID icon
Course ID
204147
Level of study
Level of study
Undergraduate
Unit value icon
Unit value
6
Course level icon
Course level
1
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Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
Yes
University-wide elective icon
University-wide elective course
Yes
Single course enrollment
Single course enrolment
Yes
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Note:
Course data is interim and subject to change

Course overview

The aim of this course is to develop students' mathematical and statistical skills and a knowledge of the use and relevance of those skills in business and management. Business Mathematics and Statistics for decision making: time value of money and net present value calculations with applications, working with equations and graphs of straight lines, linear programming, quantitative research principles in collecting, summarising and displaying business data, index numbers, relations in categorical data, measures of association, fitting straight lines, elementary probability concepts, the normal distribution and its business applications, elementary estimation and hypothesis testing, elementary decision making with Excel spreadsheets.

Course learning outcomes

  • Understand the basis and role of quantitative information for decision making in business and management.
  • Perform basic mathematical calculations and manipulations, apply descriptive statistical methods and interpret the results.
  • Use Excel to carry out calculations and produce diagrams for decision making in business.
  • Demonstrate business enterprise skills: i) Problem solving (foundation level); and ii) Written communication (foundation level).

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

N/A