Financial Statistics

Qualification: Undergraduate unit
Study mode: Online
Payment options: HECS-HELP may be available
FEE-HELP may be available
Duration: 13 weeks
Start date: Enquire now for upcoming start dates
Awarded by: Swinburne University of Technology
Course Unit A course unit is a single subject offered as part of a program of study, but can be completed individually. You may receive Recognition of Prior Learning for studying this unit.

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About this unit

This online Financial Statistics unit from Open Universities Australia and Swinburne University introduces aspiring business managers to the skills, technologies and procedures needed to successfully ascertain solutions in any business environment.

With a focus on data science as an analytical decision-making tool, this unit teaches students how to interpret and apply information using Excel. Students will also learn how to apply theoretical concepts such as random variables and probability distribution to draw inferences, conduct simple regression analyses and build models for business applications.

Modern businesses involve high-level decision-making. This unit teaches essential skills in financial statistics that can be applied across a range of business contexts.

Eligibility

To be eligible, applicants must ensure they have not completed this unit before, or the following unit, which is considered an academic equivalent:

  • Foundations of Statistics

Areas of study

In this financial statistics unit, the topics you will study include:

  • Descriptive statistics
  • Analysis of statistics
  • Inferential statistics
  • Hypotheses testing
  • Regression and time series analysis
  • Basic modelling techniques
  • Financial maths
  • Financial statement modelling and valuation
  • Case studies and applications

Course pathways

This unit is part of a major, minor, stream or specialisation in the following courses:

  • Bachelor of Business, Swinburne University
  • Bachelor of Technology (Information Systems), Swinburne University

Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.

Get more information

Want more information about this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

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How will this unit advance my career?

By completing this unit, students will develop the necessary tools for effective decision-making in a range of business contexts, and acquire the skills, technologies and procedures needed to become a successful business manager.

Successful completion of this unit will also contribute to achieving a business degree from Swinburne University.

How else will I benefit from this unit?

  • Upon successful completion of this unit you will receive credit for competencies in Financial Statistics from Swinburne University.
  • Studying online means you can study where you want, at your own pace.
  • Gain industry-relevant skills and transferrable knowledge.
  • Government financial support through FEE-HELP or HECS-HELP may be available.
  • Studying single units allows you the flexibility to work towards a qualification at your own pace.
  • Receive Recognition of Prior Learning (RPL) for this unit across a number of OUA’s full degree programs.

Get more information

Want more information about the career benefits of this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

Financial assistance

If you are an Australian citizen, you may be eligible to receive a government HECS-HELP or FEE-HELP loan, meaning you can defer payment of your fees.

Get more information

Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

You may be eligible to receive HECS-HELP or FEE-HELP for this course!

This course can be paid for through the HECS-HELP or FEE-HELP government loan schemes. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.

Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).

Find out more about government study loans here.
For two decades, Open Universities Australia (OUA) has partnered with leading Australian educators to make tertiary-level courses easier to access for people, no matter their background, their work status or their other life commitments. OUA has built up their reputation by making education more flexible, easier to tailor and available almost entirely online.

OUA's devotion to online education remains to this day, but where they once focused on higher education, today they offer the broadest set of post-secondary education and training programs in Australia.
Open Universities Australia offers a range of administrative and student support options. As a student of OUA you will have access to four hours of free expert tutoring support for each unit undertaken through the tutoring service SMARTHINKING. This on-demand service allows you to get fast, detailed feedback on your assignment drafts and gives you access to your tutor in real time.

The My OUA portal is an online student medium that allows you access to all your course and enrolment information as well as access to student forums and assessment tips.

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Get more information

Want more information about the career benefits of this course?
Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

FREE CALL 1800 063 523

Monday to Friday: 8am - late
Saturday and Sunday: 9am - 5pm

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