2.

The structure presented below should be followed for the course TA112:
Total Marks : 100
Total writing time : 180 minutes
Total sections :2
Section A: Business Mathematics
Section B: Business Statistics
Total questions : 10 (Section A: 5 and Section B: 5)
Test level : Theory and Practical

Question Pattern for Section A: Business Mathematics [50 marks]

Weight 10%
Knowledge based

Multiple choice Number of Questions 10

questions Number of Options 5
Expected time required [minutes] 16
Weight 10%
Modified
Number of Questions 10
true/false
Expected time required [minutes] 15

Weight 30%
Competency based

Number of questions 3
Expected time required [minutes] 54
Essay/Computa-
Maximum sub-questions 2
tional/Case
Expected time per question [minutes] 18
Marks per question 10
Marks per sub-question may vary

Question Pattern for Section B: Business Statistics [50 marks]

Weight 10%
Knowledge based

Multiple choice Number of Questions 10

questions Number of Options 5
Expected time required [minutes] 16
Weight 10%
Modified
Number of Questions 10
true/false
Expected time required [minutes] 15

Weight 30%
Competency based

Number of questions 3
Expected time required [minutes] 54
Essay/Computa-
Maximum sub-questions 2
tional/Case
Expected time per question [minutes] 18
Marks per question 10
Marks per sub-question may vary

Page 2 of 15
 Course Title:
Business Quantitative Analysis (BQA)

Knowledge Pillar Level Course Title Course Code Total Marks

Information Technology Foundation Business Quantitative TA112 100

and Business Analytics level Analysis (BQA)
[ITBA]

Syllabus Structure
The syllabus comprises the following main topics with the relative study weightings:

Segment Segment Title Weight (%)

A Business Mathematics 50%

B Business Statistics 50%

Course Description
This course provides fundamentals of quantitative analysis under two broad categories,
Business Mathematics and Business Statistics. The course is designed to enable students with
reasonable quantitative aptitude in grasping the contents of other courses under the CMA
professional program. In the first part of the course, students will be oriented to the use of
logarithms, exponential functions, calculus, and trigonometric formulas in addition to the basic
concepts of mathematics. Subsequently, this course covers descriptive statistics, probability
concepts, probability distribution, hypotheses testing, regression and correlation, Index
numbers, and Forecasting - Time series.The amalgamation of these quantitative issues with
information technology is made in this course.

Course Objectives
The main objective of this course is to enable learners to use the knowledge of mathematics and
statistics in the decision-making process. It is expected that a successful learner of the course
will be able to express business problems in mathematical terms, solve the problem, and be able
to interpret the results. In the process, they will also be able to identify sources, types, and use of
data. This course will provide a foundation for the quantitative skills, logical reasoning, and
critical thinking ability expected from an aspiring professional accountant.

Course Learning Outcomes

On successful completion of this course, the student will be able to:
1. understand the basic mathematical theories and their application using MS Excel
spreadsheet
2. use set theory, exponential and logarithmic functions in solving critical business
problems
3. understand the use of trigonometry and calculus in solving industrial issues
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 4. comprehend the use of mathematics in financial management
5. conduct scenario analysis using probability theory
6. develop basic forecasting and optimization models
7. draw conclusion about population characteristics based on sample data via hypothesis
testing

Detailed Contents

Level of
Learning outcomes of Probable
Parts Topics Study Subtopics
topics weight
required

A. Business A1. Basic R, U, AP  Introduction 1. demonstrate the 15%

Mathematics Mathematics  Mathematical operations and application of
brackets basic mathematics
 Different types of numbers in the computation
 Rounding, fractions, of values
percentage, and ratios 2. solve and present
 Constants, variables, and graphically the
functions relationship of
different variables
 Exponential numbers
3. demonstrate the
 Formulae
use of formulas in
 Solving equations
MS Excel
 Manipulating inequalities
spreadsheet
 Mathematical operations in
excel
 Accuracy and approximation

A2. Set R, AP,  Introduction 4. illustrate the 15%

Theory AN, D  Definition of sets and elements underlying
 Methods of expressing sets philosophy of set
 Types of sets theory
 Venn diagrams 5. apply set theory in
solving real-life
 Operations of sets
problems
 Number of elements of a finite
set
 Application of set theory to
solve business problems and
calculation of probability

A3. U, AP,  Exponential functions: 6. understand the 10%

Exponential AN, E exponent; positive integral implications of
exponent; zero, negative exponential and
and logarithmic
integral exponent; rules of
Logarithmic functions
exponent; fractional exponent
Functions 7. illustrate the use
 Logarithmic functions:
logarithm; formulae of of logarithm as an
logarithms; natural logarithm alternative to a
calculator and
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 Level of
Learning outcomes of Probable
Parts Topics Study Subtopics
topics weight
required

and common logarithm; the computer.

scientific form of numbers; use
of a calculator

A4. U, AP,  Introduction 8. apply the concept 10%

Permutations D  Fundamental principles of of permutation
counting: multiplication rule; and combination
and in arranging
addition rule
Combinations objects
 Permutations: properties of
permutations; circular 9. describe the
permutation; permutations meaning and
with restrictions computational
 Combination: properties of techniques of
combinations circular
permutation and
permutation with
restriction.

A5. U, AP,  Introduction 10. apply the 15%

Trigonometry C, D  Measurement of angles Pythagorean
 Trigonometric functions Theorem
 Trigonometric ratios 11. determine the
 Relations between quadrants where
trigonometric functions sine, cosine, and
tangent are
 Signs of trigonometric
positive and
functions
negative
 Trigonometric functions of
standard angles.

A6. Calculus U, AP,  Introduction 12. understand the 15%

C, D derivatives of
 Differential calculus: rules of power,
differentiation; successive trigonometric,
differentiation; partial exponential,
differentiation; identification logarithmic
of maxima and minima; functions;
application of differential 13. apply calculus in
calculus; marginal approach to the optimization of
profit maximization revenue, costs, and
profit
 Integral calculus: anti-
derivative concept; rules of
integration; integration by
parts; definite integrals -
evaluating definite integrals,
properties, areas between a
function and the x-axis, finding
areas between curves;

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 Level of
Learning outcomes of Probable
Parts Topics Study Subtopics
topics weight
required

application of integral calculus

A7. R, AP,  Interest and its computation 14. compute present 20%
Mathematics E, D  Power of compound growth and future values
of Finance  Present and future values: of cashflows
single payment, annuity 15. decide the
 Cost-benefit analysis: financial feasibility
discounted cash flow, NPV, of a project
IRR 16. demonstrate the
use of MS Excel
spreadsheet in
solving financial
problems

B. Business B1. U, AP,  Organize ungrouped data into 17. present data in 15%
Statistics Descriptive AN a frequency distribution tabular and
Statistics  Construct different types of graphical forms
graphs using statistical 18. understand and
software. interpret the
 Arrange ungrouped data into features of a
an array, and determine the distribution
mean, median, mode, 19. apply the
percentiles, and quartiles. appropriate data
 Measure of dispersions presentation
coefficient of variation. techniques using
 Skewness and kurtosis MS Excel for
descriptive
statistics.

B2. U, AP,  Linear regression analysis 20. identify and 20%

Regression AN, D  Determination of correlation interpret the best
and coefficient fit solution using
Correlation  The least-squares criterion regression analysis
21. use regression
analysis as a
forecasting
technique
22. demonstrate
correlation and
regression results
in MS Excel

B3. Basic U, AP,  Concept of probability 23. demonstrate the 10%

Probability AN  Rules of probability use of the addition
 Conditional probability and multiplication

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 Level of
Learning outcomes of Probable
Parts Topics Study Subtopics
topics weight
required

 Solve problems using different rules of

rules probability.

B4. AP, AN,  Random variables 24. compute 10%

Probability D  Probability distributions probability from a
Distributions (binomial and normal) binomial and
 Use binomial and normal normal
distribution to calculate distribution
probabilities. 25. generate business
solution using a
probability
distribution

B5. AP, AN,  Introduction to hypothesis 26. explore the 15%

Hypothesis D testing relationship
testing  State null and alternative between variables
hypothesis in an experimental
 Tests of statistical hypotheses setting
27. apply hypothesis
testing in quality
management

B6. Index  Basic terminology 28. demonstrate the 10%

numbers  Combining series of index computation and
numbers use of index
 Composite index numbers number
 Weighted index numbers 29. construct and
 Retail price index for apply the relative
Bangladesh price index

B7.  Components of time series 30. develop and 20%

Forecasting -  Finding the trend interpret a
Time series  Finding seasonal variations forecasting model
 Forecasting generated from a
 Limitation of forecasting time series
models analysis
31. demonstrate the
use of MS Excel to
develop time-
series forecasts.

Here, R = Remembering,U = Understanding; AP = Applying; AN = Analyzing; E = Evaluating; C = Creating; D =

Decision making; are the seven levels of learning developed based on the Bloom’s Taxonomy.

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Recommended books and Learning Materials
Primary Textbook
ICMAB Learning Manual for Business Quantitative Analysis. ICMAB

Recommended Textbooks
1. Kappor, V. K., & Sancheti, D. C. (2002). Business Mathematics. Sultan Chand & Sons
2. Gupta, S. P., & Gupta M. P. (2019). Business Statistics. Sultan Chand & Sons

Reference Books/Other Learning Materials

1. Agarwal, D. R. (2005). Business Mathematics. Vrinda Publications (P) Ltd
2. Zameeruddin, Q., Khanna, V. K., & Bhambri, S. K. (2009). Business Mathematics. Vikas
Publishing House Pvt Limited
3. Levin, R. I., & Rubin, D. S. (2011). Statistics for Management. Prentice-Hall
4. Anderson, D. R., Sweeney, D. J., Williams, T. A., Camm, J. D., & Cochran, J. J. (2014).
Essentials of Statistics for Business and Economics. South-Western College Pub

BQA Course Mapping

PrOs POs POs CLOs CLOs TLOs

PrO1 2 PO1 1, 2, 3 CLO1 1, 2, 3, 8, 9, 10, 16, 17, 18, 19, 22, 28, 29, 31
PrO2 1 PO2 5, 6 CLO2 4, 5, 6, 7
PrO3 2,3,7 PO3 1, 4, 7 CLO3 10, 11, 12, 13,
PrO4 4,5,7 PO4 - CLO4 14, 15, 16,
PrO5 1,2,3 PO5 - CLO5 16, 23, 24, 25,
PrO6 - PO6 - CLO6 13, 16, 20, 21, 30, 31
PrO7 2,7 PO7 - CLO7 16, 19, 20, 21, 26, 27, 30, 31

Here, PrOs = Program Objectives; POs = Pillar Objectives; CLOs = Course Learning Outcomes; TLOs = Topic
Learning Outcomes

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