Professional Diploma in Quantitative Analysis

Each professional diploma program is a nine credit graduate-level program to be completed in the planned nine-month duration. Each module within the professional diploma programs includes assigned academic readings, exploration of case studies, online or email discussions with the instructor, and the preparation of a scholarly paper or business-related project report on an approved topic selected by the student.

Subjects
BUS 571: Quantitative Analysis (3 credits)
BUS 572: Econometric Theories and Forecasting (3 credits)
BUS 574: Managerial Decisions (3 credits)

BUS 571: Quantitative Analysis (3 credits)
Qualitative analysis applies mathematical techniques to business situations introducing additional mathematical techniques including applied calculus. Topics cover descriptive statistics, discrete probability distributions, the normal distribution, sampling distributions, estimation, hypothesis testing, statistical quality control, simple linear regression and correlation. Topics also include mathematics of finance, linear equations and functions, graphs of functions, systems of linear equations, inequalities, linear programming, and non¬linear models as well as nonlinear models, derivatives, graphing and optimization with derivatives, and integration.

BUS 572: Econometric Theories and Forecasting (3 credits)
This course provides a working knowledge of the basic techniques of econometric theory, used by top managers to make long-term strategic decisions. Topics may include applications in cash flow forecasting, cost prediction, earnings forecasts, bankruptcy prediction, foreign exchange forecasting, interest rate forecasting, and technological forecasting. The course also reviews statistical methods, hypothesis testing, and modeling, with respect to financial data.

BUS 574: Managerial Decisions (3 credits)
This course introduces business research methods and the foundations of management decision-making processes. The course covers the application of quantitative models to the business arena, and explores decision analysis theory. Students examine available means for using mathematics for solving business problems and for interpreting the results of decision models.

The normal cost of this program is USD 1400.00, however fee reduction scholorships are available to members of the Institute of Management Specialists reducing the cost to only USD 1200.00

For further details please contact
info@instituteofmanagementspecialists.org.uk