QUANTITATIVE METHODS IN BUSINESS PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
UIT318	QUANTITATIVE METHODS IN BUSINESS	6	3	3	8

GENERAL INFORMATION
Language of Instruction :	Turkish
Level of the Course Unit :	, TYY: + , EQF-LLL: , QF-EHEA:
Type of the Course :	Compulsory
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit
Instructor(s) of the Course Unit
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	This course aims to enable students to gain the ability to adapt the quantitative methods they will use in business operations to the business life through the applications. In this course, students will be able to produce solutions by using quantitative techniques to the problems encountered in business activities.
Contents of the Course Unit:	Contents of the course include; operations research, model building, mathematical solution of business problems, breakeven analysis, decision tree, linear programming topics.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
List the quantitative methods that can be used to solve business problems (Bloom 1).
Interpret the results of a report obtained by using quantitative method by making positive and negative evaluations (Bloom 2).
Use the data set to calculate the correct alternative to solve the business problem. (Bloom 3)

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Reading and literature review	Introduction to Quantitative Methods in Businesses	Narration, discussion
2	Reading and literature review	Operations research	Narration, discussion
3	Reading and literature review	Operations research	Narration, discussion
4	Reading and literature review	Operations research	Narration, discussion
5	Reading and literature review	Breakeven analysis	Narration, discussion
6	Reading and literature review	Breakeven analysis	Narration, discussion
7	Reading and literature review	Program Evaluation and Review Technique (PERT)	Narration, discussion
8	-	MID-TERM EXAM	-
9	Reading and literature review	Goal Programming	Narration, discussion
10	Reading and literature review	Decision Tree	Narration, discussion
11	Reading and literature review	Network Problems	Narration, discussion
12	Reading and literature review	Network Problems	Narration, discussion
13	Reading and literature review	Decision analysis and game theory	Narration, discussion
14	Reading and literature review	Student Presentations	Narration, discussion
15	Reading and literature review	Student Presentations	Narration, discussion
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Sarıaslan, H., Karacabey, A.A., Gökgöz, F. (2017) Nicel Karar Yöntemleri, Ankara: Siyasal Kitabevi
Tütek,T. Özdemir, A. & Gümüşoğlu, S. (2016) Sayısal Yöntemler: Yönetsel Yaklaşım, İstanbul: Beta Yayınevi
Erdem, İ. (2017) İşletmede Sayısal Yöntemler ve WİNSQSB Uygulamaları, (2. Baskı) Ankara:Seçkin Yayıncılık
Waters, Mr. D. (2011) Quantitative Methods for Business, (5. Edition), Pearson Education

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Define the theories, concepts and principles of the basic and sub-fields of international business and trade. (Bloom 1)		1
2	Explain business and trade functions and processes based on current scientific sources (Bloom 2).		1

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate internationally valid business and trade cases with the theories and concepts of other social sciences. (Bloom 2)			2

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explain the current events and facts in his / her field analytically and systematically based on advanced knowledge and skills he / she has. (Bloom 2)					4

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Use the theoretical and factual knowledge in business and trade for occupational practices. (Bloom 3)			2
2	Solve individual and organizational problems in business life. (Bloom 3)		1
3	Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems. (Bloom 3)	0

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Organize the activities for organizational goals and purposes independently. (Bloom 3)		1

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Criticize advanced knowledge and skills in the field with a critical approach. (Bloom 4)				3
2	Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments. (Bloom 3)				3

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Express his/her knowledge, thoughts and solutions on international business and trade to related stakeholders in written and verbal ways. (Bloom 1)		1

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Designs the research process in the field of business. (design) (Bloom 6)					4
2	Conducts operations by considering the ethical values in business activities. (apply) (Bloom’s 3)			2
3	Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life. (Bloom 2)	0

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT
Workload for Learning & Teaching Activities
Type of the Learning Activites	Learning Activities (# of week)	Duration (hours, h)	Workload (h)
Lecture & In-Class Activities	14	3	42
Preliminary & Further Study	14	3	42
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	0	0	0
Assignment (Homework)	0	0	0
Project Work	0	0	0
Seminar	0	0	0
Internship	0	0	0
Technical Visit	0	0	0
Web Based Learning	0	0	0
Implementation/Application/Practice	0	0	0
Practice at a workplace	0	0	0
Occupational Activity	0	0	0
Social Activity	0	0	0
Thesis Work	0	0	0
Field Study	0	0	0
Report Writing	0	0	0
Final Exam	1	1	1
Preparation for the Final Exam	7	9	63
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	7	8	56
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	44	0	205