Maths Skills

Understand and critically engage with numerical and financial data: this requires knowledge of key mathematical principles and techniques.
Master techniques for collecting, analysing and presenting information: this includes everything from basic statistical concepts such as mean, median, mode, and range to more advanced techniques involving correlation and regression analysis.
Develop skills for interpreting graphs and charts: be able to draw meaningful insights from histograms, scatter plots, line graphs, and other types of visual data representation.
Explore probability: understand how to calculate expected outcomes, understand notions of independently and mutually exclusive events, and engage with basic combinatorics.
Grasp costing and financial mathematics: calculate mark-ups, margins, discounts; understand and calculate simple and compound interest; understand concepts of investment appraisal such as NPV, IRR, payback periods.
Understand breakeven analysis: this includes understanding and calculating the breakeven point, making use of breakeven charts and understanding the limitations of breakeven analysis.
Grasp basic budgeting and forecasting: become proficient in the construction and interpretation of budgets and cash flow forecasts, understand how forecasts can be used for business planning.
Interpret Ratio Analysis: Become proficient in calculating and interpreting key financial ratios for a business, such as profitability, liquidity or efficiency ratios.
Master time series analysis: identify and understand trends, seasonality and other patterns within time-dependent data.
Understand indices: Make sure you are confident with calculating index numbers and understanding what they represent.
Utilize linear programming: Be able to solve basic linear programming problems for decision making in business.
Master measures of dispersion: Understand, calculate and interpret measures of dispersion such as the range, interquartile range and standard deviation.