Programme

International Foundation Year 1 

Module

Foundations of Business Analytics

Assessment title

Summative Assignment

Deadline date

To be confirmed by your tutor

Weighting

This assessment counts for 80% of your overall grade for this module

Pass mark

40%

*please note your University may require a higher grade for progression.

Assignment summary

Answer 10 questions 

Submission of work

http://www.turnitinuk.com For group assignments, only one copy should be submitted to Turnitin. The front page of the assignment must include the full name and CEG number of all group members.

Feedback

http://www.turnitinuk.com Feedback will also be communicated back to you via your tutor. They will confirm the timescale in which you will receive your feedback. 

Word count

Question 2 only 1200 words

Length of presentation

XX – XX minutes

Group size

XX

File type

Word processed/PDF/PowerPoint/Prezi

Font

12 pitch font – Arial or Times New Roman

Format

Double spaced and justified

Referencing

Harvard system

Notes

Your assignment must include page numbers and word count

You will receive a 10% penalty for this assessment if you go over the word count by more than 10%. If your assignment is significantly under the word count/length advised, you may not have answered the question in full. This will be reflected in your overall mark and feedback given by your tutor.

 The word count does not include contents, end of text references or appendices.

Module learning outcomes

 Upon successful completion of the module you are expected to achieve or improve upon the following set of skills:

1.Understand vocabulary and become fluent in the language of mathematics at the core of business analytics.

2.Comfortable with data and understand the theoretical principles behind basic analytical tools such as simple linear models, statistical summary measures, probabilities, financial calculations, decision trees, hypothesis testing and regression analysis.

3.Using analytical tools to support decision making processes.

4.Demonstrate numerical and statistical skills by using spreadsheets and online tools to perform various mathematical and statistical calculations in simple business contexts. 

This assignment requires you to demonstrate that you can:

Upon successful completion of this module, students will have demonstrated that they can:

1. Explain mathematical terms, vocabulary and/or theories
2. Use and apply theoretical principles behind basic analytical tools such as simple linear models, statistical summary measures, probabilities, financial calculations, and/or decision trees.
3. Use analytical tools to support decision making.
4. Demonstrate numerical and statistical skills by using spreadsheets and/or online tools to perform various mathematical and statistical calculations in a business context

Assignment purpose:

 The purpose of the summative assignment is to assess your attainment of the module learning outcomes.  

Assignment instructions:

Answer all questions

Question 1

Sally and John want to be able to buy a house in 4.5 years and will need £30,000 for a deposit. They plan to save their money in a bank account. The account will pay 2.75% AER. Calculate:

a) The interest rate per month that would be paid and compounded monthly (3 marks)

b) How much must be deposited at the end of each month for Sally and John to meet their target? (5 marks)

c)  How much interest will be earned in 4.5 years? (2 marks)

Total mark 10 marks 

Plagiarism

We expect all submitted work to be your own words (apart from in-text quotations), written in a style that reflects your English language level. If you copy other people’s work and present it as your own, this is called plagiarism and is a serious academic offence.

The full details of our policy on academic misconduct can be found at the back of the Programme Handbook.

You must complete a coursework submission sheet and attach this to the front of your assignment.

Submissions without this sheet may be rejected and may result in a mark of 0 being awarded for this assignment.