Interested in this College?
Get updates on Eligibility, Admission, Placements Fees Structure

Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery
English	Self Study	Video and Text Based

Course Overview

BCOC-134 Business Mathematics and Statistics Certification helps students to learn how to make decisions when presented with incomplete information through comprehensive coverage of statistical methods, management mathematics and probability and extensive examples and questions for students on business and accounting courses. Commercial organizations and companies use mathematics and statistics in many applications such as accounting, inventory management, marketing, sales forecasting, and financial analysis.

BCOC-134 Business Mathematics and Statistics Classes help candidates undertaking this course to develop the abilities to deal with numerical and quantitative issues in business and thus enable the use of statistical, graphical and algebraic techniques and methods wherever relevant to solve the issues.

The Highlights

Provided by IGNOU
Flexible course - online
Free Online Course
15 Weeks Course

Programme Offerings

video lectures

Courses and Certificate Fees

Certificate Availability
no

Eligibility Criteria

Educational Qualification

10+2 pass candidates
Candidates appearing or appeared for qualifying exams
Open to all candidates

What you will learn

After successful completion of the BCOC-134 Business Mathematics and Statistics Certification Course students have basic exposure to mathematical applications in the area of matrices, differential calculus and financial mathematics and be able to solve simple business and economic problems.

BCOC-134 Business Mathematics and Statistics Training includes Introduction to matrices, Determinants and Inverse of Matrices. It also discusses application and use of matrices for Business and Economic decision making. Statistics Certification Courses enable the learners to make various kinds of analysis on the basis of accurate estimates to help a business to deal with uncertainties like general economic fluctuations.

After completion of this BCOC-134 Business Mathematics and Statistics Certification by IGNOU, the learning outcomes includes:

Understand the basic concepts of basic mathematics and statistics
Identify reasonableness in the calculation
Apply the basic concepts for an effective quantitative tool
Explain and apply mathematical techniques
Explain the use of statistical tools for analysis and forecasting

Who it is for

Business Development ManagerBusiness Intelligence Developer

There shall be good job opportunities for these roles below if the relevant students apply for BCOC-134 Business Mathematics and Statistics Online Course:

Admission Details

The admission for this course in BCOC-134 Business Mathematics and Statistics Certification by IGNOU starts soon. Interested students are requested to enroll as soon as possible by following the steps mentioned below:

Step 1: Visit the official SWAYAM website

Step 2: Fill up the form on the website

Step 3: Upload all necessary documents

Step 4: Pay the required fee online

Step 5: Wait for announcement of classes

The Syllabus

Week-1: Matrices

Unit-1: Introduction to Matrices

Week-2: Determinants

Unit-2: Determinants

Week-3: Inverse Matrix

Unit-3: Inverse of Matrices

Week-4: Mathematical Functions

Unit-4: Application of Matrices in Business and Economics;
Unit-5: Mathematical Functions

Week-5: Differential calculus

Unit-6: Limit and Continuity

Week-6: Differentiation-1

Week-7: Differentiation-2

Unit-8: Maxmima and Minimima of Functions;
Unit-9: Application of Derivatives

Week-8: Basic Mathematics of Finance

Unit-10: Interest Rates;
Unit-11: Compounding and Discounting

Week-9: Univariate Analysis-1

Unit-12: Introduction to Statistics;
Unit-13: Measures of Central Tendency

Week-10: Univariate Analysis-2

Unit-14: Measures of Dispersion

Week-11: Bivariate Analysis-1

Unit-15: Simple Linear Correlation

Week-12: Bivariate Analysis-2

Unit-16: Simple Linear Regression

Week-13: Time Based Data Analysis-1

Unit-17: Index Numbers

Week-14: Time Based Data Analysis-2

Unit-18: Time Series Analysis

Instructors

IGNOU Frequently Asked Questions (FAQ's)

1: Are business statistics and mathematics the same?

No, they are not the same. Business statistics helps in keeping a record of all the essentials involved in a business whereas business mathematics provides the tools to study and manage such huge records.

2: How are the classes for BCOC-134 Business Mathematics and Statistics Online Course being held?

The classes for this course are conducted Online via video lectures.

3: What is IGNOU?

IGNOU is Indira Gandhi National Open University and aims to serve by means of distance and open education to all.

4: Who are the instructors for this course?

The instructors are Dr. Anupriya Pandey and Prof. M.S.S Raju for this course from Indira Gandhi National Open University.

5: What is business mathematics and statistics?

Business mathematics is usually used by organisations and companies to record and manage business operations, accounting, inventory management, marketing, sales forecasting, and financial analysis.