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MN10077: Quantitative methods and data analysis

[Page last updated: 05 August 2021]

Academic Year: 2021/2
Owning Department/School: School of Management
Credits: 6 [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Certificate (FHEQ level 4)
Period:
Semester 1
Assessment Summary: CW 25%, EX 75%
Assessment Detail:
  • Coursework (CW 25% - Qualifying Mark: 35)
  • Examination (EX 75% - Qualifying Mark: 35)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites: In taking this module you cannot take MA10213 OR take MA10214 OR take MN10004
This unit is not available to visiting/exchange students.
Aims: To introduce students to the principles of data analysis with particular reference to business applications.

Learning Outcomes: Students who pass the unit will be able to:
* convert raw data into comparable formats, e.g. index numbers or z-scores;
* classify data by level (nominal, ordinal, interval, ratio); identify dependent and independent variables;
* carry out parametric statistical tests.
* carry out elementary project appraisal techniques such as simple Decision Trees and Discounted Cash Flow analysis.
* use relevant software applications: e.g. spreadsheets, at a "power user" level.

Skills: Intellectual: identify the correct technique required to solve data analysis problems. Taught and assessed.
Professional: apply statistical techniques to business problems. Taught and assessed.
Key skills:
* use and understanding of numerical data. Taught, facilitated and assessed.
* use of Information Technology: Taught, facilitated and assessed.

Content:
* Collection and presentation of data;
* Discrete distributions and continuous distributions;
* Descriptive statistics;
* Inferential statistics including correlation and regression;
* Index numbers;
* Elementary probability;
* Management applications of quantitative methods in finance, project management and decision-making.
* Computer applications which are useful for data analysis in a business and academic context.

Programme availability:

MN10077 is Compulsory on the following programmes:

Department of Politics, Languages and International Studies
  • UXXX-AYB05 : BSc(Hons) International Management and Modern Languages (French) with Year Abroad (Year 1)
  • UXXX-AYB04 : BSc(Hons) International Management and Modern Languages (German) with Year Abroad (Year 1)
  • UXXX-AYB06 : BSc(Hons) International Management and Modern Languages (Spanish) with Year Abroad (Year 1)

Notes:

  • This unit catalogue is applicable for the 2021/22 academic year only. Students continuing their studies into 2022/23 and beyond should not assume that this unit will be available in future years in the format displayed here for 2021/22.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.