STATISTICS FOR BUSINESS AND FINANCE

FIN5SBF

Not currently offered

Credit points: 15

Subject outline

This is a subject of basic quantitative tools, statistical tools in particular. It teaches students how to apply these tools to solving practical problems in accounting and finance. It focuses on cash flow analysis, basic concepts of probability and statistics, measures of linear relationship between various business and finance variables, methods of inference, regression, CAPM Model, basic time series and hypothesis testing. There is a strong emphasis on the application of these techniques to real-world problems in business. This subject also lays a solid foundation to the further study of quantitative subjects.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorIshaq Bhatti

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsQuantitive investment analysisPrescribedDeFusco, R, McLeavy,D., Pinto, J., Runkle,D.2ND. EDN. JOHN WILEY, 2007
ReadingsQuantitative investment analysis workbookPreliminaryDeFusco, R, McLeavy,D., Pinto, J., Runkle,D.2ND EDN, JOHN WILEY, 2007

Graduate capabilities & intended learning outcomes

01. Demonstrate an understanding of the theory and methodology of cash flow analysis

Activities:
Lecturing on cash flow topics with linkage to Statistical methodology
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

02. Understand basic concepts of probability and statistics

Activities:
Based on lecture material, weekly computer labs are conducted to impliment statistical computations using SPSS software or Excel
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

03. Estimate and infer using accounting and financing data using sampling mathods

Activities:
Assignment 1, computational work, research question and solution to enable critical thinking and report writing
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)
Literacies and Communication Skills (Writing,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

04. Develop competency in running linear regressions based on CAPM model and testing hypotheses

Activities:
Assignment 2, computational work, interpretation of statistical results and report writing related to regression and hypothesiis testing
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

Subject options

Select to view your study options…

Start date between: and    Key dates

Subject not currently offered - Subject options not available.