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Level 4 Diploma in Accounting and Business

Essential Numerical Techniques for Business

AB404 · Quantitative Methods in a Business Context — Week 2 of 16

CourseAB404
Week2 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Essential Numerical Techniques for Business

  1. Percentages and proportional changes
  2. Business ratios
  3. Index numbers
  4. Simple and compound interest calculations
  5. Simple Interest, Compound Interest - ACCA Management Accounting (MA)
  6. FIN 7 Ratios - 25 Sample Ratio Calculations
  7. Lecture 12 – Time Value of Money – Part 3

What you will be able to do

  • 1.1 Apply numerical techniques in a business context.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: apply numerical techniques in a business context.

Study materials

Videos

  • Simple Interest, Compound Interest - ACCA Management Accounting (MA) · YouTube · OpenTuition · 17 min · for registered students
  • FIN 7 Ratios - 25 Sample Ratio Calculations · YouTube · Tony Bell · 25 min · for registered students
  • Index Numbers - ACCA Management Accounting (MA) · YouTube · OpenTuition · 30 min · for registered students
  • FINANCIAL RATIOS: How to Analyze Financial Statements · YouTube · Accounting Stuff · 24 min · for registered students

Further resources

  • Contemporary Mathematics, ch. 6: Money Management · PDF · OpenStax, textbook chapter; pp. 553–732 · for registered students
  • mathcentre business leaflet: Interest · PDF · Mathcentre, worksheet; 2 pages · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 1Week 3
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Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Fundamentals of Business Data
  • Week 2: Essential Numerical Techniques for Business
  • Week 3: Cost and Pricing Calculations
  • Week 4: Financial Mathematics for Decision Making
  • Week 5: Tabular Data and Chart Construction
  • Week 6: Principles of Graphical Construction
  • Week 7: Plotting and Interpreting Management Graphs
  • Midterm: Midterm evaluation
  • Week 9: Descriptive Statistics for Data Interpretation
  • Week 10: Time Series and Trend Interpretation
  • Week 11: Data Communication and Stakeholder Reporting
  • Week 12: Applying Quantitative Methods in a Business Context in prac…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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