BE303-4-AU-CO:
Quantitative Methods and Finance

The details
2024/25
Essex Business School
Colchester Campus
Autumn
Undergraduate: Level 4
Current
Thursday 03 October 2024
Friday 13 December 2024
15
12 August 2024

 

Requisites for this module
(none)
(none)
(none)
(none)

 

BE312, BE313, BE314, BE317, BE610, EC252

Key module for

BSC N400 Accounting,
BSC N401 Accounting (Including Foundation Year),
BSC N402 Accounting (Including Year Abroad),
BSC N404 Accounting (Including Placement Year),
BSC N420 Accounting and Finance,
BSC N422 Accounting and Finance (Including Placement Year),
BSC NN43 Accounting and Finance (Including Foundation Year),
BSC NNK3 Accounting and Finance (Including Year Abroad),
MACCN440 Accounting and Finance,
MACCN441 Accounting and Finance (Including Placement Year),
MACCN442 Accounting and Finance (Including Year Abroad),
BSC NN24 Accounting and Management,
BSC NN27 Accounting and Management (Including Placement Year),
BSC NNK2 Accounting and Management (Including Year Abroad),
BSC N4L1 Accounting with Economics (Including Foundation Year),
BSC NKL1 Accounting with Economics (Including Year Abroad),
BSC NL41 Accounting with Economics,
BSC NL44 Accounting with Economics (Including Placement Year),
BSC N390 Banking and Finance,
BSC N391 Banking and Finance (Including Foundation Year),
BSC N392 Banking and Finance (Including Placement Year),
BSC NH90 Banking and Finance (Including Year Abroad),
BSC N200 Business Management,
BSC N201 Business Management (Including Foundation Year),
BSC N202 Business Management (Including Year Abroad),
BSC N204 Business Management (Including Placement Year),
BSC N300 Finance,
BSC N301 Finance (Including Foundation Year),
BSC N302 Finance (Including Year Abroad),
BSC N304 Finance (Including Placement Year),
BSC N2N5 Marketing Management (Including Foundation Year),
BSC NN25 Marketing Management,
BSC NN2M Marketing Management (Including Placement Year),
BSC NNF5 Marketing Management (Including Year Abroad),
BA L147 Financial Economics and Accounting (Including Placement Year),
BA L148 Financial Economics and Accounting,
BA L149 Financial Economics and Accounting (Including Year Abroad),
BA LX14 Financial Economics and Accounting (Including Foundation Year),
BSC N344 Finance and Management,
BSC N345 Finance and Management (Including Year Abroad),
BSC N346 Finance and Management (Including Placement Year),
BSC N347 Finance and Management (Including Foundation Year),
LLB MN10 Law with Finance,
LLB MN11 Law with Finance (Including Year Abroad),
LLB MN12 Law with Finance (Including Placement Year),
MMANNN35 Marketing Management,
MMANNN36 Marketing Management (Including Placement Year),
MMANNN37 Marketing Management (Including Year Abroad),
BSC N260 Business and Human Resource Management,
BSC N261 Business and Human Resource Management (including Placement Year),
BSC N262 Business and Human Resource Management (including Year Abroad),
BSC N263 Business and Human Resource Management (Including Foundation Year)

Module description

The aim of this module is to provide an introduction to the subject of quantitative methods and their applications in finance, accounting and management. The module is designed to provide a sound foundation for your future studies.


The topics covered include maths revision, the time value of money, rates of change (calculus), statistics, probability distributions and simple regression.

Module aims

The aims of this module are:



  • To develop and transmit knowledge about and proficiency in quantitative methods and their applications in finance, accounting and management, at an introductory level.

  • To give students an appreciation of the role that quantitative methods play in finance, accounting and management subject areas.

  • To provide students with a firm foundation for further studies in finance, accounting and management.

Module learning outcomes

By the end of this module, students will be expected to be able to:



  1. Solve a variety of algebraic problems.

  2. Understand and apply the concepts of compounding and discounting.

  3. Apply calculus techniques to solve problems in finance and economics.

  4. Understand and solve problems involving descriptive statistics and probabilities.

  5. Understand and apply significance tests and regression analysis.

Module information

Syllabus



  • Equations and Algebra.

  • Time Value of Money.

  • Rates of change I (marginal cost and revenue, elasticity).

  • Rates of change II (maximising and minimising).

  • Describing Data Brief introduction to Excel.

  • Probability: Introduction to Uncertainty.

  • Probability Distributions: Normal.

  • Testing Hypotheses.

  • Correlation & Regression.

Learning and teaching methods

This module will be delivered via:

  • One 2-hour lecture per week.
  • One 1-hour problem solving class per week.

Extensive online support is available.

Bibliography

This module does not appear to have a published bibliography for this year.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting
Coursework   Online Test (MyLab)    100% 

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
100% 0%

Reassessment

Coursework Exam
100% 0%
Module supervisor and teaching staff
Dr Sam Astill, email: sastill@essex.ac.uk.
Dr Sam Astill and Dr Jiahua Zhu
sastill @essex.ac.uk

 

Availability
No
No
No

External examiner

Dr Hf Guo
University of Durham
Assistant Professor in Finance
Resources
Available via Moodle
Of 110 hours, 108 (98.2%) hours available to students:
0 hours not recorded due to service coverage or fault;
2 hours not recorded due to opt-out by lecturer(s), module, or event type.

 

Further information
Essex Business School

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