Postgraduate Programme and Module Handbook 2024-2025
Module BUSI41I15: MODELLING AND ANALYSIS FOR MANAGEMENT (EXECUTIVE)
Department: Management and Marketing
BUSI41I15: MODELLING AND ANALYSIS FOR MANAGEMENT (EXECUTIVE)
| Type | Tied | Level | 4 | Credits | 15 | Availability | Not available in 2024/2025 | Module Cap |
|---|
| Tied to | N1KD17 |
|---|---|
| Tied to | N1KB17 |
Prerequisites
- None.
Corequisites
- None.
Excluded Combination of Modules
- None.
Aims
- To provide students with a sufficiently detailed knowledge of methods for solving quantitative problems to permit them to appreciate material covered elsewhere in the MBA programme.
Content
- Data description.
- The Normal distribution.
- Inference: means, proportions, contingency tables (Chi-squared).
- Applications of statistical models to management problems, e.g. risk and monitoring.
- Linear models: simple regression and applications; introduction to linear programming.
Learning Outcomes
Subject-specific Knowledge:
- By the end of this module, students should have a detailed knowledge of key concepts in data description and statistical modelling; monitoring and hypothesis testing; and linear models.
Subject-specific Skills:
- By the end of this module, students should:
- Be able to use a range of standard statistical tests and apply them to complex management problems;
- Be able to use modelling applications within Excel and apply them to complex management problems.
Key Skills:
- Written communication.
- Planning, organising and time management.
- Problem solving and analysis.
- Using initiative.
- Computer literacy.
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- Learning outcomes will be met through a combination of lectures, groupwork, case studies, practical (computer) classes and discussion, supported by guided reading. The summative assessment, by written assignment, will test students' understanding of and ability to apply relevant analytical techniques.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total/Hours | |
|---|---|---|---|---|---|
| Workshops (a combination of lectures, groupwork, case studies, practical (computer) classes and discussion) | 28 | ■ | |||
| Preparation and Reading | 122 | ||||
| Total | 150 |
Summative Assessment
| Component: Written Assignment | Component Weighting: 100% | ||
|---|---|---|---|
| Element | Length / duration | Element Weighting | Resit Opportunity |
| Written Assignment | 4,000 words maximum | 100% | |
Formative Assessment:
Quantitative exercises.
■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University