Quantitative Methods for Management (QMM)

Quantitative Methods for Management (QMM)

Course Description: 
•The ever-increasing complexity of our modern economic structure and the impact on business of the computer as a computational tool have produced quantum leaps in quantitative training in business and other professional fields. 
•The new focus has come primarily from the changing demands of employment within traditional industry, the emerging high-technology fields, the service sector, and government. 
 
•Therefore, the present syllabus covers different topics on quantitative methods and their applications in business activities. 
 
•The text in the syllabus provides basic techniques, which can be utilized to solve real world problems.

Course Objectives: 
•To give a simple and rigorous introduction to various quantitative methods used in business; and
•To provide knowledge on real number system, set theory, matrix, determinants, functions, differential calculus, optimization, etc. with their applications in business, which would help to take different business decisions. 

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