Quantitative Analysis

Where the marks are

Percentages are the examinable weighting for each area. Revising in this order puts your time where the marks are.

1. Statistics

   40%

   Handling of statistical data · Measures of location (grouped and ungrouped data) · Measures of variation, dispersion and spread · Measures of relationship · Time series · Index numbers · Probability · Test of hypothesis

2. Operations research

   40%

   Introduction to operations research · Linear programming · Inventory and production control · Network analysis · Replacement analysis · Transportation and assignment models · Simulation

3. Business mathematics

   20%

   Profit and loss based on sales · Set theory as applied to business · Functional relationship · Mathematics of finance · Differentiation · Integration

Where candidates lose this paper

The Institute publishes its own past questions. What it cannot give you is an answer to these.

There is not enough time to read the whole study text before the diet.

The official study text condensed and reorganised by examinable weighting, with every claim cited back to the page it came from — so you can check anything you doubt in one click.

You write practice answers for months and never find out whether a single one would have scored.

Write by hand, photograph it, and have it marked against the examiner's own marking guide — with the marks broken down the way the examiner breaks them down, and the reason for each one.

The study text is hundreds of pages and none of it tells you which parts the examiner actually asks about.

Every syllabus topic, ordered by the share of marks it carries, so your revision time follows the marks instead of the page count.

You know the answer but lose marks anyway, and no one ever explains where they went.

The Institute's published solution beside your attempt, with the mark allocation visible — so you can see the marks sitting in the principle and the application, not only the final figure.