STATISTICS FOR BUSINESS AND FINANCE

BUS5SBF

2019

Credit points: 15

Subject outline


In this subject you will develop basic to advanced quantitative and data analytic skills to investigate real life problems in accounting, business and finance. You will focus on volatility measure of portfolio risk return distributions, basic concepts of probability and statistics, methods of statistical inference, measure of linear relationship between various business and financial variables including regression analysis. There is a strong emphasis on the application of these techniques to real world problems in business and finance using MS-Excel (Optional-R language). This subject lays a solid foundation to the further study of advanced data analytics tools applied in business and finance. The contents of the subject are in line with 'Chartered Financial Analyst - CFA' quantitative analysis curriculum and hence follows CFA textbook.

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 subjects FIN5SBF

Equivalent subjects FIN5SBF

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsQuantitive Investment AnalysisPrescribedDeFusco, R, McLeavy,D., Pinto, J., Runkle,D. (2015)3rd. EDN. JOHN WILEY
ReadingsQuantitative Investment Analysis WorkbookPreliminaryDeFusco, R, McLeavy,D., Pinto, J., Runkle,D. (2015)3rd EDN, JOHN WILEY
ReadingsBusiness Statistics: Australia New ZealandRecommendedSelvanathan, E. A., Selvanathan, S., and Keller, G. (2017)Cengage AU
Discipline SpecificWeekly WorkbooksPrescribedManzoor, M. and Bhatti, I (2018)La Trobe Business School

Graduate capabilities & intended learning outcomes

01. Apply and interpret concepts of descriptive statistics to real life data and interpretation of results

Activities:
Online activities (Workbook readings, online videos and online quizzes (both graded and ungraded-test your knowledge) Face-to-face workshop activities on topics covering stock prices, returns distribution and volatility measures with linkage to Descriptive Statistics and data analytics.
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

02. Apply probability theory in business and financial decision making

Activities:
Online activities (Workbook readings, online videos and online quizzes (both graded and ungraded-test your knowledge) Face-to-face workshops with problem-based activities (computer assisted).
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,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. Use sampling methods to estimate and infer accounting, economics and financial models using data

Activities:
Assignment 1: This individual assignment requires computational work based on probability theory, sampling methods and estimation to investigate business and finance related-research questions. The objective of this assignment is to promote critical thinking and report writing.
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Literacies and Communication Skills (Writing,Speaking,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 estimating linear regression models and testing hypothesis

Activities:
Assignment 2: This group assignment enables students to enhance their knowledge and skills in statistical inference, regression analysis and interpretation of statistical results at an advanced level.
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,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)

05. Develop ability to present work in a professional manner

Activities:
Presentation and interpretation of statistical results and report writing related to Multiple regression models related to returns and CAPM Models.
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Literacies and Communication Skills (Writing,Speaking,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

City Campus, 2019, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

WorkShop Week: 31 - 43
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 43 and delivered via blended.
"This workshop/Computer Lab is strongly recommended. "

Seminar Week: 31 - 41
One 2.0 hours seminar every three weeks on weekdays during the day from week 31 to week 41 and delivered via face-to-face.
"This is a revision seminar highly recommended. "

Assessments

Assessment elementComments% ILO*
Assignment 1: Computer-assisted assignmentEquivalent to 1000 words12 01, 02, 03, 04
Assignment 2: Computer-assisted assignment using regression modelsEquivalent to 1000 words13 01, 03, 04, 05
QuizzesTotal 5 online quizzes equivalent to 1500 words combined. Each quiz is worth 6% of the total assessment and is equivalent to 300 words. Students will be assessed every two weeks.30 01, 02
Homework & Workshop participationEquivalent to 500 words.10 01, 02, 03, 04, 05
Final Exam (2 hours) (equivalent to 2000 words)Duration is 2 hours.35 01, 02, 03, 04

City Campus, 2019, Summer 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

WorkShop Week: 45
One 2.0 hours workshop per week on weekdays during the day in week 45 and delivered via blended.
"This workshop/Computer Lab is strongly recommended."

Seminar Week: 45
One 2.0 hours seminar every three weeks on weekdays during the day in week 45 and delivered via face-to-face.
"This is a revision seminar highly recommended."

Assessments

Assessment elementComments% ILO*
Assignment 1: Computer-assisted assignmentEquivalent to 1000 words12 01, 02, 03, 04
Assignment 2: Computer-assisted assignment using regression modelsEquivalent to 1000 words13 01, 03, 04, 05
QuizzesTotal 5 online quizzes equivalent to 1500 words combined. Each quiz is worth 6% of the total assessment and is equivalent to 300 words. Students will be assessed every two weeks.30 01, 02
Homework & Workshop participationEquivalent to 500 words.10 01, 02, 03, 04, 05
Final Exam (2 hours) (equivalent to 2000 words)Duration is 2 hours.35 01, 02, 03, 04

City Campus, 2019, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

WorkShop Week: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via blended.
"This workshop/Computer Lab is strongly recommended. "

Seminar Week: 10 - 20
One 2.0 hours seminar every three weeks on weekdays during the day from week 10 to week 20 and delivered via face-to-face.
"This is a revision seminar highly recommended. "

Assessments

Assessment elementComments% ILO*
Assignment 1: Computer-assisted assignmentEquivalent to 1000 words12 01, 02, 03, 04
Assignment 2: Computer-assisted assignment using regression modelsEquivalent to 1000 words13 01, 03, 04, 05
QuizzesTotal 5 online quizzes equivalent to 1500 words combined. Each quiz is worth 6% of the total assessment and is equivalent to 300 words. Students will be assessed every two weeks.30 01, 02
Homework & Workshop participationEquivalent to 500 words.10 01, 02, 03, 04, 05
Final Exam (2 hours) (equivalent to 2000 words)Duration is 2 hours.35 01, 02, 03, 04

Melbourne, 2019, Summer 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

WorkShop Week: 45
One 2.0 hours workshop per week on weekdays during the day in week 45 and delivered via blended.
"This workshop/Computer Lab is strongly recommended. "

Seminar Week: 45
One 2.0 hours seminar every three weeks on weekdays during the day in week 45 and delivered via face-to-face.
"This is a revision seminar highly recommended. "

Assessments

Assessment elementComments% ILO*
Assignment 1: Computer-assisted assignmentEquivalent to 1000 words12 01, 02, 03, 04
Assignment 2: Computer-assisted assignment using regression modelsEquivalent to 1000 words13 01, 03, 04, 05
QuizzesTotal 5 online quizzes equivalent to 1500 words combined. Each quiz is worth 6% of the total assessment and is equivalent to 300 words. Students will be assessed every two weeks.30 01, 02
Homework & Workshop participationEquivalent to 500 words.10 01, 02, 03, 04, 05
Final Exam (2 hours) (equivalent to 2000 words)Duration is 2 hours.35 01, 02, 03, 04

Melbourne, 2019, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

WorkShop Week: 31 - 43
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 43 and delivered via blended.
"This workshop/Computer Lab is strongly recommended. "

Seminar Week: 31 - 41
One 2.0 hours seminar every three weeks on weekdays during the day from week 31 to week 41 and delivered via face-to-face.
"This is a revision seminar highly recommended. "

Assessments

Assessment elementComments% ILO*
Assignment 1: Computer-assisted assignmentEquivalent to 1000 words12 01, 02, 03, 04
Assignment 2: Computer-assisted assignment using regression modelsEquivalent to 1000 words13 01, 03, 04, 05
QuizzesTotal 5 online quizzes equivalent to 1500 words combined. Each quiz is worth 6% of the total assessment and is equivalent to 300 words. Students will be assessed every two weeks.30 01, 02
Homework & Workshop participationEquivalent to 500 words.10 01, 02, 03, 04, 05
Final Exam (2 hours) (equivalent to 2000 words)Duration is 2 hours.35 01, 02, 03, 04

Melbourne, 2019, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

WorkShop Week: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via blended.
"This workshop/Computer Lab is strongly recommended. "

Seminar Week: 10 - 20
One 2.0 hours seminar every three weeks on weekdays during the day from week 10 to week 20 and delivered via face-to-face.
"This is a revision seminar highly recommended. "

Assessments

Assessment elementComments% ILO*
Assignment 1: Computer-assisted assignmentEquivalent to 1000 words12 01, 02, 03, 04
Assignment 2: Computer-assisted assignment using regression modelsEquivalent to 1000 words13 01, 03, 04, 05
QuizzesTotal 5 online quizzes equivalent to 1500 words combined. Each quiz is worth 6% of the total assessment and is equivalent to 300 words. Students will be assessed every two weeks.30 01, 02
Homework & Workshop participationEquivalent to 500 words.10 01, 02, 03, 04, 05
Final Exam (2 hours) (equivalent to 2000 words)Duration is 2 hours.35 01, 02, 03, 04

Online, 2019, Online StudyPeriod 2, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

Unscheduled Online Class Week: 10 - 16
One 6.0 hours unscheduled online class per week on any day including weekend from week 10 to week 16 and delivered via online.
"This subject is delivered entirely online. Students are required to undertake online learning and assessment activities."

Assessments

Assessment elementComments% ILO*
Assignment 1: Computer-assisted assignmentequivalent to 1500 words030 01, 02, 03
Assignment 2: Computer-assisted assignment using regression modelsequivalent to 1500 words030 03, 04, 05
Quiz 1equivalent to 375-words. Week 3. Quiz is 50% of the blended version.010 01, 02
Quiz 2equivalent to 375-words. Week 5. Quiz is 50% of the blended version.010 03, 04, 05
Quiz 3equivalent to 750-words. Week 7020 03, 04, 05

Online, 2019, Online StudyPeriod 4, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

Unscheduled Online Class Week: 28 - 34
One 6.0 hours unscheduled online class per week on any day including weekend from week 28 to week 34 and delivered via online.
"This subject is delivered entirely online. Students are required to undertake online learning and assessment activities."

Assessments

Assessment elementComments% ILO*
Assignment 1: Computer-assisted assignmentequivalent to 1500 words030 01, 02, 03
Assignment 2: Computer-assisted assignment using regression modelsequivalent to 1500 words030 03, 04, 05
Quiz 1equivalent to 375-words. Week 3. Quiz is 50% of the blended version.010 01, 02
Quiz 2equivalent to 375-words. Week 5. Quiz is 50% of the blended version.010 03, 04, 05
Quiz 3equivalent to 750-words. Week 7.020 03, 04, 05

Online, 2019, Online StudyPeriod 6, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

Unscheduled Online Class Week: 44 - 50
One 6.0 hours unscheduled online class per week on any day including weekend from week 44 to week 50 and delivered via online.
"This subject is delivered entirely online. Students are required to undertake online learning and assessment activities."

Assessments

Assessment elementComments% ILO*
Assignment 1: Computer-assisted assignment & Presentationequivalent to 1500 words. Week 3.030 01, 02, 03
Assignment 2: Computer-assisted assignment using regression models & Presentationequivalent to 1500 words. Week 6030 03, 04, 05
Quiz 1equivalent to 375-words. Week 3. Quiz is 50% of the blended version.010 01, 02
Quiz 2equivalent to 375-words. Week 5. Quiz is 50% of the blended version.010 03, 04, 05
Quiz 3equivalent to 750-words. Week 7020 03, 04, 05

Sydney, 2019, Study Period 3, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

WorkShop Week: 46
One 2.0 hours workshop per week on weekdays during the day in week 46 and delivered via blended.
"This workshop/Computer Lab is strongly recommended. "

Seminar Week: 46
One 2.0 hours seminar every three weeks on weekdays during the day in week 46 and delivered via face-to-face.
"This is a revision seminar highly recommended."

Assessments

Assessment elementComments% ILO*
Assignment 1: Computer-assisted assignmentEquivalent to 1000 words12 01, 02, 03, 04
Assignment 2: Computer-assisted assignment using regression modelsEquivalent to 1000 words13 01, 03, 04, 05
QuizzesTotal 5 online quizzes equivalent to 1500 words combined. Each quiz is worth 6% of the total assessment and is equivalent to 300 words. Students will be assessed every two weeks.30 01, 02
Homework & Workshop participationEquivalent to 500 words.10 01, 02, 03, 04, 05
Final Exam (2 hours) (equivalent to 2000 words)Duration is 2 hours.35 01, 02, 03, 04

Sydney, 2019, Study Period 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

WorkShop Week: 31 - 42
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 42 and delivered via blended.
"This workshop/Computer Lab is strongly recommended. "

Seminar Week: 31 - 40
One 2.0 hours seminar every three weeks on weekdays during the day from week 31 to week 40 and delivered via face-to-face.
"This is a revision seminar highly recommended. "

Assessments

Assessment elementComments% ILO*
Assignment 1: Computer-assisted assignmentEquivalent to 1000 words12 01, 02, 03, 04
Assignment 2: Computer-assisted assignment using regression modelsEquivalent to 1000 words13 01, 03, 04, 05
QuizzesTotal 5 online quizzes equivalent to 1500 words combined. Each quiz is worth 6% of the total assessment and is equivalent to 300 words. Students will be assessed every two weeks.30 01, 02
Homework & Workshop participationEquivalent to 500 words.10 01, 02, 03, 04, 05
Final Exam (2 hours) (equivalent to 2000 words)Duration is 2 hours.35 01, 02, 03, 04

Sydney, 2019, Study Period 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

WorkShop Week: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via blended.
"This workshop/Computer Lab is strongly recommended. "

Seminar Week: 10 - 20
One 2.0 hours seminar every three weeks on weekdays during the day from week 10 to week 20 and delivered via face-to-face.
"This is a revision seminar highly recommended. "

Assessments

Assessment elementComments% ILO*
Assignment 1: Computer-assisted assignmentEquivalent to 1000 words12 01, 02, 03, 04
Assignment 2: Computer-assisted assignment using regression modelsEquivalent to 1000 words13 01, 03, 04, 05
QuizzesTotal 5 online quizzes equivalent to 1500 words combined. Each quiz is worth 6% of the total assessment and is equivalent to 300 words. Students will be assessed every two weeks.30 01, 02
Homework & Workshop participationEquivalent to 500 words.10 01, 02, 03, 04, 05
Final Exam (2 hours) (equivalent to 2000 words)Duration is 2 hours.35 01, 02, 03, 04