MBAE 616 Course Outline
MBAE 616 Course Outline
Course Description
Quantitative methods brings together an array of mathematical tools for modeling and solving
business problems. These tools include basic mathematical finance, probabilities, and statistics.
Starting with Time Value of Money, the first part of the course looks at mathematical techniques
for investment decision making. The second part focuses on business statistics and will review
techniques such as probability and decision trees, inferential statistics, and regression. As an
executive MBA course, emphasis will be placed more on concept than theory. This is meant to be
a hands-on course with more emphasis on application and less on theory. As such we will heavily
rely on MS Excel as the primary software. You are encouraged to bring your laptops to class.
Textbooks:
Francis, A. (2004). Business mathematics and statistics. Sixth Edition. Cengage Learning, Inc
Groebner, D. F., Shannon, P. W., Fry, P. C., & Smith, K. D. (2011). Business Statistics: A
Decision Making Approach. Prentice Hall/Pearson.
Other recommended textbooks:
Waters, Donald, and C. Donald J. Waters. Quantitative methods for business. Pearson Education,
2008.
Christian S. Albright, Wayne. L. Winston, and Christopher J. Sharpe. Data Analysis and
Decision Making. South-Western, Cengage Learning, 2011.
Communications
All announcements and selected lecture notes will either be sent through the UG Sakai course
management system or the email address: [email protected]. Individual communication needs
should be sent to the GTAs or the instructor. We will strive to answer emails as quickly as possible.
However, please allow 24 hours for a response.
Homework
There will be two case studies which will count towards your homework grade. Each case study
should be done in groups of 5 students. Most case study questions will require the use of some of
the tools and functions in MS Excel. No late assignment will be accepted.
Grade Weighting
Homework
Midterm
Final
10%
20%
65%