Business Decision Analysis

A Distance Learning Course of 6 Lessons

Course Description
For those involved in business, particularly for those in managerial positions, the ability to make effective decisions or to contribute to the decision-making process is of vital importance.
The ability to use mathematical techniques is becoming an increasingly important part of the manager's "tool kit", especially as low cost and more powerful information technology becomes accessible and enables more sophisticated techniques to be utilised.
The examples and activities utilised within the course will provide some clues as to the range of applications to which Business Decision Analysis (BDA) can be put. Throughout the course you will have the opportunity to work on problems relating to investment decisions, marketing and distribution, and product development.
By working through the exercises you will begin to understand the potential which BDA can bring to improving decisions in areas as diverse as organisational planning and forecasting, human resource management and manufacturing.

Course Syllabus
An Introduction to Business Decision Analysis
Decision Analysis
Linear Programming
Regression Analysis
Time Series Analysis
Simulation

Qualifications
On completion of your course, you will receive two qualifications:
Qualification 1: Business Decision Analysis Diploma
Business Decision Analysis Diploma issued by Stonebridge Associated Colleges, entitling you to use the letters SAC Dip after your name.

Qualification 2: NCFE Level 4 Business Decision Analysis Award
This Course leads to a NCFE Level 4 Award Certificate for successful learners. That means that it is independantly accredited at a level of learning equivalent to level 4 on the National Qualifications Framework (NFQ) for England, Wales and Northern Ireland (in which case GCSE's are at levels 1 and 2 and A Levels are at level 3).
The Award has been designed by a learning provider to meet specific learners' or employers' requirements and as such is not listed as a qualification on NQF. While the duration, content or assessment may vary from similar national qualifications, in accrediting the programme at level 4, NCFE attests that its learning outcomes are at an equivalent level to a level 4 national qualification.
At the end of the course you will receive an award issued by Stonebridge Associated College, and also gain full NCFE accreditation for the course.

Tutor Support
With this course you will have unlimited access to your own personal tutor who specialises in their field of study. It is your personal tutor's role to ensure that you receive constructive feedback and to deal with any queries you may have. You are more than welcome to telephone, fax or email your personal tutor.
You will also have access to a dedicated and friendly team of administrators and course advisors who offer sound and professional guidance and advice when you need it. This ensures that you will never feel neglected and that you will always succeed!

Requirements for Entry
There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

Study Hours
This is only an approximate figure and is dependant upon how much time you can dedicate to your studies and how well you grasp the learning concepts in the course material. Furthermore, at the end of each lesson there is a question paper that needs to be completed and returned to your tutor. You should allow at least 1 - 2 hours of study to complete each question paper.
The approximate amount of time required to complete the course is: 90 hrs.

Additional Information

Available in paper or online versions. Please select at bottom of the page.

Assessment Method
After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

What's Included
    * All study materials
    * Study Guide
    * Full Tutor and Admin support
    * The course fee includes the NCFE registration and certification fee (valued at up to £30.00).

What is NCFE
NCFE is a recognised National Awarding Body.
This course is accredited by NCFE. NCFE are a leading National Awarding Body, recognised in the U.K by the Department for Education and Skills (DfEs), Learning Skills Council (LSC) and the Qualifications & Curriculum Authority (QCA). NCFE specialise in providing, quality-assuring and certificating vocational learning programmes.