STATISTICS FOR BUSINESS AND FINANCE

BUS5SBF

2021

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/Exchange StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsNo

Available as ElectiveYes

Learning ActivitiesWorkbook readings, online videos, online quizzes, workshops, report writing, presentation and interpretation of statistical results

Capstone subjectNo

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsFIN5SBF

Equivalent subjectsFIN5SBF

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Readings

Quantitive Investment Analysis

Resource TypePrescribed

Resource RequirementN/A

AuthorDeFusco, R, McLeavy,D., Pinto, J., Runkle,D.

Year2015

Edition/Volume3rd EDN

PublisherJOHN WILEY

ISBN9781119135104

Chapter/article titleN/A

Chapter/issueN/A

URLN/A

Other descriptionN/A

Source locationN/A

Business Statistics: Australia New Zealand

Resource TypeRecommended

Resource RequirementN/A

AuthorSelvanathan, E. A., Selvanathan, S., and Keller, G.

Year2016

Edition/Volume7th

PublisherCengage AU

ISBN9780170369473

Chapter/article titleN/A

Chapter/issueN/A

URLN/A

Other descriptionN/A

Source locationN/A

Weekly Workbooks

Resource TypePrescribed

Resource RequirementN/A

AuthorManzoor, M. and Bhatti, I

Year2018

Edition/VolumeN/A

PublisherLa Trobe Business School

ISBNN/A

Chapter/article titleN/A

Chapter/issueN/A

URLN/A

Other descriptionN/A

Source locationN/A

Career Ready

Career-focusedNo

Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

Intended Learning Outcomes

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

02. Apply probability theory in business and financial decision making

03. Use sampling methods to estimate and infer accounting, economics and financial models

04. Competency in estimating linear regression models and testing hypothesis

05. Ability to present work in a professional manner

Subject options

Select to view your study options…

Bendigo, 2021, Semester 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

SeminarWeek: 13 - 22
One 2.00 h seminar every three weeks on weekdays during the day from week 13 to week 22 and delivered via face-to-face.

WorkShopWeek: 13 - 22
One 2.00 h workshop per week on weekdays during the day from week 13 to week 22 and delivered via blended.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	Assignment	Individual	No	10	SILO1, SILO2
Individual Assignment Equivalent to 2,000 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3, SILO4, SILO5
Final Exam (2 hours) equivalent to 2000 words	N/A	Central exam	Individual	No	50	SILO1, SILO2, SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	Other written exam	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

Melbourne (Bundoora), 2021, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

SeminarWeek: 10 - 20
One 2.00 h 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.

WorkShopWeek: 10 - 22
One 2.00 h 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.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	Assignment	Individual	No	10	SILO1, SILO2
Individual Assignment Equivalent to 2,000 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3, SILO4, SILO5
Final Exam (2 hours) equivalent to 2000 words	N/A	Central exam	Individual	No	50	SILO1, SILO2, SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	Other written exam	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

City Campus, 2021, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorJae Kim

Class requirements

SeminarWeek: 10 - 20
One 2.00 h 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.

WorkShopWeek: 10 - 22
One 2.00 h 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.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	Assignment	Individual	No	10	SILO1, SILO2
Individual Assignment Equivalent to 2,000 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3, SILO4, SILO5
Final Exam (2 hours) equivalent to 2000 words	N/A	Central exam	Individual	No	50	SILO1, SILO2, SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	Other written exam	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

Sydney, 2021, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

SeminarWeek: 10 - 20
One 2.00 h 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.

WorkShopWeek: 10 - 22
One 2.00 h 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.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	Assignment	Individual	No	10	SILO1, SILO2
Individual Assignment Equivalent to 2,000 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3, SILO4, SILO5
Final Exam (2 hours) equivalent to 2000 words	N/A	Central exam	Individual	No	50	SILO1, SILO2, SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	Other written exam	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

Bendigo, 2021, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

SeminarWeek: 30 - 42
One 2.00 h seminar every three weeks on weekdays during the day from week 30 to week 42 and delivered via face-to-face.

WorkShopWeek: 30 - 42
One 2.00 h workshop per week on weekdays during the day from week 30 to week 42 and delivered via blended.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	Assignment	Individual	No	10	SILO1, SILO2
Individual Assignment Equivalent to 2,000 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3, SILO4, SILO5
Final Exam (2 hours) equivalent to 2000 words	N/A	Central exam	Individual	No	50	SILO1, SILO2, SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	Other written exam	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

Melbourne (Bundoora), 2021, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorYuji Tamura

Class requirements

SeminarWeek: 30 - 40
One 2.00 h seminar every three weeks on weekdays during the day from week 30 to week 40 and delivered via face-to-face.
This is a revision seminar highly recommended.

WorkShopWeek: 30 - 42
One 2.00 h workshop per week on weekdays during the day from week 30 to week 42 and delivered via blended.
This workshop/Computer Lab is strongly recommended.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	Assignment	Individual	No	10	SILO1, SILO2
Individual Assignment Equivalent to 2,000 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3, SILO4, SILO5
Final Exam (2 hours) equivalent to 2000 words	N/A	Central exam	Individual	No	50	SILO1, SILO2, SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	Other written exam	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

City Campus, 2021, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorYuji Tamura

Class requirements

SeminarWeek: 30 - 40
One 2.00 h seminar every three weeks on weekdays during the day from week 30 to week 40 and delivered via face-to-face.
This is a revision seminar highly recommended.

WorkShopWeek: 30 - 42
One 2.00 h workshop per week on weekdays during the day from week 30 to week 42 and delivered via blended.
This workshop/Computer Lab is strongly recommended.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	Assignment	Individual	No	10	SILO1, SILO2
Individual Assignment Equivalent to 2,000 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3, SILO4, SILO5
Final Exam (2 hours) equivalent to 2000 words	N/A	Central exam	Individual	No	50	SILO1, SILO2, SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	Other written exam	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

Sydney, 2021, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

SeminarWeek: 30 - 42
One 2.00 h seminar every three weeks on weekdays during the day from week 30 to week 42 and delivered via face-to-face.
This is a revision seminar highly recommended.

WorkShopWeek: 30 - 41
One 2.00 h workshop per week on weekdays during the day from week 30 to week 41 and delivered via blended.
This workshop/Computer Lab is strongly recommended.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	Assignment	Individual	No	10	SILO1, SILO2
Individual Assignment Equivalent to 2,000 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3, SILO4, SILO5
Final Exam (2 hours) equivalent to 2000 words	N/A	Central exam	Individual	No	50	SILO1, SILO2, SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	Other written exam	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

Melbourne (Bundoora), 2021, LTU Term 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

SeminarWeek: 2 - 7
One 2.00 h seminar every three weeks on weekdays during the day from week 2 to week 7 and delivered via face-to-face.
This is a revision seminar highly recommended.

WorkShopWeek: 2 - 7
One 2.00 h workshop per week on weekdays during the day from week 2 to week 7 and delivered via blended.
This workshop/Computer Lab is strongly recommended.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	Assignment	Individual	No	10	SILO1, SILO2
Individual Assignment Equivalent to 2,000 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3, SILO4, SILO5
Final Exam (2 hours) equivalent to 2000 words	N/A	Central exam	Individual	No	50	SILO1, SILO2, SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	Other written exam	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

City Campus, 2021, LTU Term 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

SeminarWeek: 2 - 7
One 2.00 h seminar every three weeks on weekdays during the day from week 2 to week 7 and delivered via face-to-face.
This is a revision seminar highly recommended.

WorkShopWeek: 2 - 7
One 2.00 h workshop per week on weekdays during the day from week 2 to week 7 and delivered via blended.
This workshop/Computer Lab is strongly recommended.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	Assignment	Individual	No	10	SILO1, SILO2
Individual Assignment Equivalent to 2,000 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3, SILO4, SILO5
Final Exam (2 hours) equivalent to 2000 words	N/A	Central exam	Individual	No	50	SILO1, SILO2, SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	Other written exam	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

On-Line, 2021, LTU Term 2, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinator

Class requirements

Unscheduled Online ClassWeek: 10 - 16
One 6.00 h unscheduled online class per week on any day including weekend during the day 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 element	Comments	Category	Contribution	Hurdle	%	ILO*
Assignment 1: Computer-assisted assignment. Equivalent to 1500 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3
Assignment 2: Computer-assisted assignment using regression models. Equivalent to 1500 words.	N/A	Assignment	Individual	No	30	SILO3, SILO4, SILO5
Quiz 1. Equivalent to 375-words. Week 3. Quiz is 50% of the blended version.	N/A	Quizzes	Individual	No	10	SILO1, SILO2
Quiz 2. Equivalent to 375-words. Week 5. Quiz is 50% of the blended version.	N/A	Quizzes	Individual	No	10	SILO3, SILO4, SILO5
Quiz 3. Equivalent to 750 words. Weeks 7.�	N/A	Quizzes	Individual	No	20	SILO3, SILO4, SILO5

Melbourne (Bundoora), 2021, LTU Term 6, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

SeminarWeek: 46 - 51
One 2.00 h seminar every three weeks on weekdays during the day from week 46 to week 51 and delivered via blended.

WorkShopWeek: 46 - 51
One 2.00 h workshop per week on weekdays during the day from week 46 to week 51 and delivered via blended.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	Assignment	Individual	No	10	SILO1, SILO2
Individual Assignment Equivalent to 2,000 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3, SILO4, SILO5
Final Exam (2 hours) equivalent to 2000 words	N/A	Central exam	Individual	No	50	SILO1, SILO2, SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	Other written exam	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

City Campus, 2021, LTU Term 6, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorIshaq Bhatti

Class requirements

SeminarWeek: 46 - 51
One 2.00 h seminar every two weeks on weekdays during the day from week 46 to week 51 and delivered via blended.

WorkShopWeek: 46 - 51
One 2.00 h workshop per week on weekdays during the day from week 46 to week 51 and delivered via blended.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	Assignment	Individual	No	10	SILO1, SILO2
Individual Assignment Equivalent to 2,000 words.	N/A	Assignment	Individual	No	30	SILO1, SILO2, SILO3, SILO4, SILO5
Assignment 2: Computer-assisted assignment using regression models. Equivalent to 1500 words.	N/A	Assignment	Individual	No	30	SILO3, SILO4, SILO5
Final Exam (2 hours) equivalent to 2000 words	N/A	Central exam	Individual	No	50	SILO1, SILO2, SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	Other written exam	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5