Skip to main content
NounStudy
Back to Course Catalog
MBF839Management Sciences3 Unitsintermediate

Quantitative Techniques For Banking And Finance

This course introduces students to quantitative techniques applicable in banking and finance. It covers basic mathematics, functions, sequences, and series. Students will learn investment appraisal methods, including compound interest and present value concepts. The course also explores valuation of bonds and shares, linear programming, and inventory control techniques. Emphasis is placed on applying these quantitative tools to solve real-world problems in banking and finance.

Generate AI Study Notes

Transform this course into personalized study materials with AI

208h
Study Time
13
Weeks
16h
Per Week
intermediate
Math Level
Course Keywords
Quantitative TechniquesBankingFinanceInvestment AppraisalLinear Programming

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
📊
Math Level
Moderate Math
🔬
Learning Type
Hands-on Practice

Course Topics

Key areas covered in this course

1

Basic Mathematics

2

Functions

3

Sequences and Series

4

Investment Appraisals

5

Linear Programming

6

Inventory Control

7

Time Series Analysis

8

Correlation

9

Regression Analysis

10

Project Planning

11

Valuation of Bonds

12

Valuation of Shares

Total Topics12 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assessments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Financial Analyst

Apply your skills in this growing field

Investment Banker

Apply your skills in this growing field

Portfolio Manager

Apply your skills in this growing field

Management Accountant

Apply your skills in this growing field

Project Manager

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

BankingFinanceInvestmentAccountingProject Management

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: Introduction

6h

Unit 1: Introduction to Basic Mathematics

6 study hours
  • •Review numbers, arithmetic operations, exponents, and roots.
  • •Practice simplifying numerical and algebraic expressions.
  • •Solve ratio, proportion, and variation problems.
Week
2

Module 1: Introduction

6h

Unit 2: Functions

6 study hours
  • •Define variables, constants, parameters, and functions.
  • •Identify types of functions: linear, polynomial, absolute value, inverse, step, algebraic, and transcendental.
  • •Solve problems involving supply, demand, cost, profit, and revenue functions.
Week
3

Module 1: Introduction

6h

Unit 3: Sequences and Series

6 study hours
  • •Define arithmetic and geometric progressions.
  • •Calculate sequences of numbers in arithmetic and geometric progressions.
  • •Apply progressions to financial and banking calculations.
Week
4

Module 1: Introduction

6h

Unit 4: Investment Appraisals I

6 study hours
  • •Understand compound interest concepts.
  • •Solve investment appraisal problems using compound interest.
  • •Calculate future values of investments.
Week
5

Module 1: Introduction

6h

Unit 5: Investment Appraisals II

6 study hours
  • •Apply present value techniques in financial decisions.
  • •Calculate present and future values of investments.
  • •Analyze investment projects using present value concepts.
Week
6

Module 2:

6h

Unit 1: Valuation of Bonds and Shares

6 study hours
  • •Explain characteristics of bonds and shares.
  • •Apply present value concepts to value bonds and shares.
  • •Use price-earnings ratios.
Week
7

Module 2:

6h

Unit 2: Linear Programming I

6 study hours
  • •Explain linear programming techniques.
  • •Describe objective functions and constraints.
  • •Solve maximizing problems graphically.
Week
8

Module 2:

6h

Unit 3: Linear Programming II

6 study hours
  • •Use the simplex method for solving maximizing LP problems.
  • •Interpret the simplex tableau.
  • •Solve mixed limitation problems.
Week
9

Module 2:

6h

Unit 4: Inventory Control I

6 study hours
  • •Define inventory types and reasons for holding stocks.
  • •Differentiate the four costs associated with inventory.
  • •Identify inventory control systems and periodic review system.
Week
10

Module 2:

6h

Unit 5: Inventory Control II

6 study hours
  • •Explain the basic Economic Order Quantity (EOQ).
  • •Calculate order quantity when price discounts are possible.
  • •Apply EOQ to inventory control.
Week
11

Module 3:

6h

Unit 1: Inventory Control III

6 study hours
  • •Plan safety or buffer stocks necessary to cope with variations in demand and/or lead time.
  • •Calculate sensitivity analysis in inventory control.
  • •Determine re-order points.
Week
12

Module 3:

6h

Unit 2: Time Series Analysis

6 study hours
  • •Discuss the role of time series analysis in short-term forecasting.
  • •Decompose time series into its various components.
  • •Identify the underlying patterns of a time series.
Week
13

Module 3:

12h

Unit 3: Correlation

6 study hours
  • •Explain the meaning of correlation and its role in decision making.
  • •Compute the correlation coefficient between two variables from sample observations.
  • •Test for the significance of the correlation coefficient in business decision.

Unit 4: Regression Analysis

6 study hours
  • •Explain the role of regression in establishing mathematical relationships between dependent and independent variables from given data.
  • •Use the least square criterion to estimate the model parameters.
  • •Make meaningful forecasts from given data by fitting any function, linear in unknown parameters.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

Access PDF Material

Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Focus on understanding and applying formulas for investment appraisal.

2

Practice solving linear programming problems using graphical and simplex methods.

3

Review inventory control techniques and EOQ calculations.

4

Master time series analysis and forecasting methods.

5

Understand correlation and regression analysis concepts and applications.

6

Practice solving numerical problems from all units.

7

Create concept maps linking key concepts from different modules.

8

Review all examples and exercises in the course material.

9

Allocate sufficient time for studying each unit based on its complexity.

10

Form study groups to discuss and clarify challenging concepts.

Related Courses

Other courses in Management Sciences that complement your learning

MBF841

Emerging Technologies In Information Technology

3 Units
MBA833

Industrial Relations

3 Units
BUS825

Research Methodology

Units
View All Management Sciences Courses