Programme And Module Handbook
Course Details in 2020/21 Session

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Module Title LC Numeracy, Statistical Analysis and Financial Literacy (B)
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 08 32427
Module Lead
Level Certificate Level
Credits 20
Semester Semester 2
Restrictions None
Contact Hours Guided independent study-142 hours
Supervised time in studio/workshop-4 hours
Practical Classes and workshops-10 hours
Lecture-44 hours
Total: 200 hours
Description This module enables students to use a range of mathematical and statistical methods and appreciate their uses in both academic and applied contexts related to accounting and finance. It prepares them for the mathematical rigours required in the rest of their programme of study. The first part of the module assumes solid numeracy skills but will reinforce working with logs and solving business related mathematical problems. The second part of the module introduces statistical methods as a series of techniques for describing and summarising data and representing uncertainty through probability. The module will introduce software packages such as Excel and SPSS and will require the students to be able to comment concisely on their findings. The final part of the module will focus on Finance and will prepare the students for further study in this area at both the intermediate and higher level.
Learning Outcomes By the end of the module students should be able to:
Formulate, manipulate and solve algebraic expressions.
  • Apply a critical approach to solving worded business type problems.
  • Calculate a range of financial calculations.
  • Calculate and comment upon summarising statistics using a computer software package.
  • Apply the basic principles of hypothesis testing
  • Carry out simple correlation and regression analysis
Assessment 32427-01 : MCQ Test : Class Test (20%)
32427-02 : 750 word Computer Assignment : Coursework (30%)
32427-03 : 2 hr Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
Assessment Methods & Exceptions Assessments: A written examination of 2 hours. (50%), 1000-word computer based assignment (30%) and MCQ test (20%)
Reassessment: A written examination of 2 hours. (100%)
Reading List