QM-Quantitative Methods Courses
Courses
QM 214. Introduction to Business Statistics. 3 Hours.
This course provides an overview of data, probability, sampling, and its application to decision making in business. Upon successful completion of this courses, students will be able to summarize data graphically and numerically, understand sources of variation in data, and be able to conduct one-sample statistical inference.
Prerequisites: (MA 105 [Min Grade: C] or MA 106 [Min Grade: C] or MA 109 [Min Grade: C] or MA 125 [Min Grade: C]) and BUS 110 [Min Grade: C]
QM 215. Foundations in Business Analytics. 3 Hours.
This course provides a foundation for the use of data for analytical decision making in business. Topics include comparison of independent samples, linear regression, business forecasting and data mining. Emphasis is on analysis of real data with computer implementation and communication of results.
Prerequisites: QM 214 [Min Grade: C] or MA 180 [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 CS 101 [Min Grade: C])
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: (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] and CS 101 [Min Grade: C])
QM 490. Advanced Topics in Statistics/Management Science. 3 Hours.
Statistics/management science application to problems in business and economics.