MBA Semester 1 Class of 2014

Quantitative Methods Course Handout

Instructor: Dr. Kartikeya P. Bolar

B.E. (Computer), M.B.A.(IS) , PhD. Contact Info: E-007, Faculty Block, kartikeya.b@ibsindia.org, 7893516364 1. Course Schedule

Course Duration : Semester I - 33 sessions, each session of 75 minutes duration. Schedule for classes : As per the time table announced.

2.

Course Details a. Objective:

Analytical ability and analytical thinking is important for managerial decision making. This course aims at equipping you with analytical concepts, tools and techniques which will enhance your capabilities for objective decision making. The course will also build your foundations for receiving courses like Managerial Economics, Operations Management, Business Research Methods, Marketing Research, Portfolio Management, Financial Econometrics etc. during the MBA program at IBS. b. Instruction Methodology: At IBS learning is valued more than teaching. Thus we believe in participant centered learning and my role is that of a FACILITATOR than of a TEACHER. The onus of learning squarely lies on the students. The class room learning would be through a variety of approaches. They include participative discussions, application oriented problems solving and case discussions to discover / appreciate concepts and their applications in managerial contexts. Prior to coming to each class, students MUST have applied their minds on the cases based on the BASICS in the specified READING MATERIAL for each day as indicated in the handout. Reading the case alone DOES NOT PREPARE you for the class. You MUST READ the CHAPTERS from the TEXT BOOK dealing with the relevant concepts and be able to RELATE THEM to the CASE.

It is emphasized here that alertness, active involvement and participation in class discussion is a MUST for successful participative learning. The participation has to be relevant, matured and responsive reflecting your understanding of the subject. c. Suggested Titles (Text and References):

TEXT BOOK Quantitative Methods for Business and Economics

AUTHOR / PUBLICATION David R Anderson, Dennis J Sweeny and Thomas A Williams (ASW) , Cengage Learning, 9e, New Delhi,

REFERENCE BOOKS Business Statistics in Practice Decision Making using Microsoft Excel Statistics for Managers using Microsoft Excel Statistics for Management

AUTHOR / PUBLICATION Bruce L Brown, Richard T OConnell and Emily S Murphree, Tata McGraw-Hill Edition, 2010 S Christian Albright, Wayne L Winston and Christopher J Zappe, Cengage Learning, 2009 David M. Levine, David Stephan, Timothy C. Krehbiel, Mark L. Berenson, Fifth Edition, PHI Learning, 2009 Richard I. Levin, David S. Rubin - Prentice-Hall of India Private Limited, Seventh Edition, New Delhi.

3.

Code of Conduct

Students are expected to follow the IBS code of conduct regarding attendance, dress code and other aspects. A minimum of 75% attendance is a must for the course. 4. Honour Code:

Plagiarism & Unfair practices Students are to take a self oath to the effect: I understand that plagiarism is a major offense and that it is my duty to understand what plagiarism is and actively seek out advice when I have a question about my work. Plagiarism means presenting the words or ideas of others without giving due credit. Plagiarism is legally actionable. At all cost, plagiarism must be avoided. In case of doubt, students must contact me for correct rules for referencing or citing sources. If someones exact words are used, they must be enclosed in quotation marks with the exact source cited. If others thoughts or ideas are used in ones own words, proper references must be cited.

Unfair practices in tests and plagiarism in assignments / project work will straight away entail a ZERO to all involved parties. It is not relevant for me to know the source and destination of plagiarism.

5.

Class Organization
a. Class Representative

One among you will be elected / selected by consensus as Class Representative for the QM course. S/he will be responsible for class room arrangements, dealing with academic office, for communicating information from me to the class and also to collect all assignments / project works and deliver them to me. b. Attendance and Class Discipline

Students must occupy their seats before I come in and must remain seated until the attendance is completed at the end of the class. The Class Door will be BOLTED from inside once the class begins. Use of mobile phones is strictly PROHIBITED in the class. Phones must be in SWITCH OFF mode. Students MUST bring LAPTOP and the basic text book (ASW) to every class. While mostly we will be working through EXCEL in class, for tests and examinations only use of CALCULATOR is permitted. Students are FREE to ask questions / doubts / clarifications in the class on topics under discussion. For other doubts, they should meet me individually in my office as indicated above. Queries / problems arising from previous lessons should be given in writing. Solutions would be discussed in the next class.

6. Sr. No 1.

Session Plan: Topic Scales & Measurements, Central Tendency and Dispersion Probability Concepts Decision Analysis CASE a. College Canteen

Session No. 1 &2

Reading Material Chapters 1 to 3 from the Text Book (ASW)

Additional Information / Deadlines

b. Mattels Global Expansion

2.

a. Mitra Insurance Company b. a. b. c. Ram Publishers Mining for Precious for Metal Roja Silks Universal Home Products

3&4

Chapter 4 from the ASW

3.

5 to 7

Chapter 21 from the ASW

Sr. No 4.

Topic Probability Distributions

CASE b. The Problem Of a Medical Representative ( Culled out from http://www.stat.auckland.ac.nz/~iase/p ublications/1/9d2_sure.pdf with the authors permission) d. Normal distribution (Discussion Mode)

Session No. 8&9

Reading Material

Additional Information / Deadlines

Chapters 5 & 6 from the ASW

5.

Sampling & Sampling Distribution

a. Sampling the Population Favorite b. Customer Satisfaction with DTH Services in India c. Ascertaining Customer Satisfaction d. Sampling Distribution ( Discussion Mode) e. Swarnamukhi PublicBank
LimitedsSMELoans

10 to 12

Chapter 7 from the ASW

Class Participation Evaluation for first 11 sessions by the following week by Faculty (5 % weightage)

6. Estimation & Testing of Hypotheses

a.Smoking:ACostlyAffair

13 to 18 Chapters 8 to 10 from the ASW 19

b. Care Hygiene c. Conversys Inc. d. The Strategic Break

MIDTERMEXAMONSYLLABUSCOVEREDTHUS FAR(20%oftheTotalMarks)

Sr. No 7.

Topic Chi-square

CASE a. Shoppers Stop b. Hindustan Foods

c.MeltingDelicacies d.AStudyofSoapSegment

Session No. 20 to 22

Reading Material

Additional Information / Deadlines Class Participation Evaluation for 12th to 22 nd sessions by the following week by Faculty (10 % weightage)

Chapters 11 to 12 from the ASW

8.

ANOVA

a. Real Foods b. Melting Delicacies B

23 & 24 Chapter 13 from the ASW

9.

Simple Regression and Multiple Regression

a. Boosting Sales of Double Kola b. Planning for Road Safety c. Measuring Growth and Responsiveness

25 to 27

Chapters 14 to 16 from the ASW

10. Time Series Analysis 11. Revision & Reinforceme nt through Comprehensi ve cases

a.TheElectricFanIndustry

b. Predicting Sales of a Company

28 to 31 32 to 33

Chapter 18 from the ASW Class Participation Evaluation for 23rd to 33 rd sessions by the following week (15 % weightage)

a. Doughnut Bakers b. KATT: An Outsourcing Company

ICFAICentreforManagementResearch,CaseStudiesinManagementResearch,Hyderabad,2004.

7. Evaluation Plan: Sr. No. 1 2 3 4. Components Class participation (3 phases) Assignments / Quiz 1 & 2 Mid-Term Examination Final Examination Weightage 30 % 10 % 20 % 40%

Notes: 1. Marks will be declared after a week from the deadlines. 2. Make up test for Interim Test is permitted only for EXCEPTIONAL cases. I must be convinced about the reason in advance. For item 3, IBS rules will apply. 3. Students with less than 60% attendance on the date of any evaluation component will be awarded F grade for that component. This includes class participation as well. 4. Each test would be in the form quiz / problem solving / case analysis, which could vary over tests and could include a mix.