Quantitative Methods in Management
Quantitative Methods in Management offers a systematic approach for the analysis of phenomena in business economics and economics in general. In the modern world of increasing development in information technology, the amount of numerical data has increased enormously, and at the same time the acquisition of knowledge has become easier. Quantitative methods provide techniques to tame this growing accumulation of data as support for economic decision-making.
The discipline serves as a methodological foundation for several areas of business and economics. Quantitative methods are widely applied in fields such as finance, risk management, accounting analytics, and operations management, including logistics and quality management. By providing analytical tools for modelling, measurement and empirical analysis, the discipline supports and complements other key fields of business studies, including finance, accounting and business law.