Course Title: Business Statistics

Part A: Course Overview

Program: C5127

Course Title: Business Statistics

Portfolio: BUS

Nominal Hours: 70.0

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
LAW5043L	City Campus	TAFE	650T TAFE Business	Face-to-Face

Course Contact: Gowri Raviganesh

Course Contact Phone: +61 3 9925 1337

Course Contact Email: gowri.raviganesh@rmit.edu.au

Course Description

This unit describes the functions involved in preparing financial forecasts and projections. It will also provide students with the skills and knowledge in the application of statistical analyses and processing of business data.

Pre-requisite Courses and Assumed Knowledge and Capabilities

None

National Competency Codes and Titles

National Element Code & Title:	FNBFIN70A Prepare financial forecasts and projections
Elements:	Collect, consolidate, analyse and model data
	Document results and obtain approval
	Identify assumptions and parameters
	Issue instructions and relevant aids for preparations of forecasts and projections
	Plan preparation timetable

Learning Outcomes

Overview of Assessment

Assessment will incorporate a variety of methods including tests, assignments and an examination.
Tests will be closed book tests consisting of problem solving and applied exercises. Assignments will require students to undertake basic research on a business theme. Students working in groups will be required to analyse data using the MS Excel 2003 and write reports as directed.
You will receive ongoing feedback on your progress in the course. Feedback on assessment will be given in a timely manner. You will be informed about how to improve your performance in the competency/course and what you need to do to be deemed competent or to gain a pass in the assessment.