QM-Quantitative Methods Courses

Courses

QM 214. Quantitative Analysis I. 3 Hours.

This course is an introductory course to statistics and data analyses for business students. Students will be exposed to basic statistical concepts and procedures to handle the data. Students are expected to recognize the nature of their data, select appropriate procedures, perform requisite calculations, demonstrate computer proficiency, and explain the results to layperson.
Prerequisites: (MA 105 [Min Grade: C] or MA 109 [Min Grade: C] or MA 125 [Min Grade: C]) and BUS 110 [Min Grade: C]

QM 215. Quantitative Analysis II. 3 Hours.

QM215 is the sequel of QM214 and a continuation of introductory statistics and data analyses. Built upon students' understanding of descriptive statistics and probability, this course exposes students to inferential statistics. Upon finishing the course, students are expected to know how to formulate hypotheses, collect data, select appropriate model(s), conduct statistical analyses, and present statistical findings with proper support of statistical graphs.
Prerequisites: QM 214 [Min Grade: C]

QM 350. Quantitative Methods for Finance. 3 Hours.

Development of the mathematical foundations of undergraduate level financial modeling and analysis, including applications of calculus, probability theory, linear algebra and Monte Carlo simulation to the measurement of asset returns and the assessment of risk, to the pricing of options and other financial derivatives, and to the solution of important financial optimization problems.
Prerequisites: (QM 215 [Min Grade: C] and GPAT and GPAO 2.00) and (QM 215 [Min Grade: C] and GPAU 2.00 and GPAO 2.00)

QM 400. Survey of Management Science. 3 Hours.

Application of mathematical and statistical techniques to management problems. Network planning techniques, linear programming, inventory systems, queuing theory, simulation, and decision analysis.
Prerequisites: (GPAT and GPAO 2.00 and AC 201 [Min Grade: C] and EC 210 [Min Grade: C] and EC 211 [Min Grade: C] and LS 246 [Min Grade: C] and QM 215 [Min Grade: C]) or (GPAU 2.00 and GPAO 2.00 and AC 201 [Min Grade: C] and EC 210 [Min Grade: C] and EC 211 [Min Grade: C] and LS 246 [Min Grade: C] and QM 215 [Min Grade: C])

QM 410. Nonparametric Statistics. 3 Hours.

Nonparametric methods applied to business decisions. Nonparametric tests for medians using one and two samples; tests for randomness and independence. Contingency tables and goodness of fit tests. All applications in area of behavioral sciences, particularly marketing and management. Completion of all pre-business requirements required.
Prerequisites: (EC 210 [Min Grade: C] and GPAT and GPAO 2.00) or (EC 210 [Min Grade: C] and GPAU 2.00 and GPAO 2.00) or (EC 211 [Min Grade: C] and GPAT and GPAO 2.00) or (EC 211 [Min Grade: C] and GPAU 2.00 and GPAO 2.00) or (QM 215 [Min Grade: C] and GPAT and GPAO 2.00) or (QM 215 [Min Grade: C] and GPAU 2.00 and GPAO 2.00)

QM 416. Sampling Techniques. 3 Hours.

Sampling procedures and application to estimation problems in business. Simple random, stratified, and cluster sampling reviewed and applied to simple and ratio estimators. Completion of all pre-business requirements required.
Prerequisites: (QM 215 [Min Grade: C] and EC 210 [Min Grade: C] and EC 211 [Min Grade: C] and GPAT and GPAO 2.00) or (QM 215 [Min Grade: C] and EC 210 [Min Grade: C] and EC 211 [Min Grade: C] and GPAU 2.00 and GPAO 2.00)

QM 420. Applied Forecasting. 3 Hours.

Practical use of various forecasting techniques on business and economic data. Topics include dynamic regression models, exponential smoothing, forecast criteria, moving averages, seasonality, and univariate Box Jenkins ARIMA modeling. Completion of all pre-business requirements required.
Prerequisites: (GPAT and GPAO 2.00 and AC 201 [Min Grade: C] and EC 210 [Min Grade: C] and EC 211 [Min Grade: C] and LS 246 [Min Grade: C] and QM 215 [Min Grade: C]) or (GPAU 2.00 and GPAO 2.00 and AC 201 [Min Grade: C] and EC 210 [Min Grade: C] and EC 211 [Min Grade: C] and LS 246 [Min Grade: C] and QM 215 [Min Grade: C])

QM 425. Applied Regression Analysis. 3 Hours.

Simple, multilinear, and polynomial regression analysis. Model selection, inferential procedures, and application with computer. Completion of all pre-business requirements required.
Prerequisites: (GPAT and GPAO 2.00 and EC 210 [Min Grade: C] and EC 211 [Min Grade: C] and QM 215 [Min Grade: C]) or (GPAU 2.00 and GPAO 2.00 and EC 210 [Min Grade: C] and EC 211 [Min Grade: C] and QM 215 [Min Grade: C])

QM 442. Statistics for Quality and Productivity. 3 Hours.

Application of statistics to improve quality and productivity throughout organization. Process analysis and improvement via numerical and graphical procedures illustrated with construction and interpretation of control charts. Tolerances, specifications, process capability studies, and elements of total quality program as espoused by Deming and Ishikawa.
Prerequisites: (MG 403 [Min Grade: C] and GPAT and GPAO 2.00) or (MG 403 [Min Grade: C] and GPAU 2.00 and GPAO 2.00)

QM 490. Advanced Topics in Statistics/Management Science. 3 Hours.

Statistics/management science application to problems in business and economics.
Prerequisites: (GPAT and GPAO 2.00) or (GPAU 2.00 and GPAO 2.00)

QM 499. Directed Readings in Quantitative Methods. 1-3 Hour.

Readings and independent study in selected areas.
Prerequisites: (GPAT and GPAO 2.00) or (GPAU 2.00 and GPAO 2.00) and EC 211 [Min Grade: C] and QM 215 [Min Grade: C] and EC 210 [Min Grade: C]