Business Administration Courses
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Quantitative Analysis for Business 341-Introduction to Business Mathematics introduces the students to basic mathematical tools. The topics included are elements of algebra, matrices, linear equations etc. 342-Mathematics
for Business includes basic concepts in algebra, differential
and integral calculus. Mathematics of finance introduces the concepts
of time value of money and annuity and their application in capital budgeting. 343-Elements
of Statistics gives the student a clear concept of the statistical
methods of deriving stable relationships from mass data. The specific
study areas include methods of data collection, frequency distribution,
measure of central tendency and dispersion, and weighted averages and
random probability theory. 440-Statistics and Mathematics for Management is taught with two objectives in mind (1) to enable students to acquire basic knowledge of Mathematics and Statistics, which is necessary to pursue a study program in business administration; (2) to prepare students for advanced work in quantitative business analysis. The topics covered are functions and graphs, linear and quadratic equation, logarithm, algebra, elements of differential and integral calculus, frequency distribution, ratios and percentages, and index numbers. 443-Statistical
Inference gives the student a clear understanding of application
of statistical procedure in business decision making. The topics included
are probability theory, estimation, hypothesis testing, linear correlation
theory and its applications and analysis of variance. 442-Operations
Research gives advance treatment to linear programming, mathematical
modelling and simulation. The application in the Pakistani business and
office environment is also explored. The course discusses inventory and
production problems and explores associated solutions. |
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