HEG Genève

Welcome — here's how this works

A 30-second read. Reopen it anytime with the 👁 button, top-right.

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One company, all year. You are the junior analyst at XY Coffee Co. — a roastery that grew out of a market stall and is now drowning in questions instinct cannot answer. Every chapter of this module arrives because the company needed it, not because a syllabus listed it.
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Three hours, every week, in two parts. First about an hour and a quarter of lesson — I present, you follow the same numbered sections on this site; every slide names its section. Then exercises worked together: the same exercise on the screen and as a form here, with the solution released as we go. Bring a laptop or phone, and a calculator.
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Learn by doing. Each week is interactive — drag the graph, answer, get instant feedback. Your progress bar fills as you actually do the work, not by clicking "next".
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The grade is three exams and nothing else. 20% fall midterm (MCQ, 60 min), 40% fall exam, 40% spring exam. Homework and the weekly review quiz carry no marks — they exist so we both find out what has not landed while it is still free to fix.
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Saved & shared. Sign in once with your name and a six-digit code; your progress and self-check scores follow you between devices and reach your instructor — so I can see where the class is stuck before each session.
HEG Genève · International Business Management · Bachelor · 2026/2027

Quantitative Methods I

A full academic year of the mathematics a business actually uses — calculus, descriptive statistics, probability, financial mathematics, linear algebra and forecasting — taught through one running company. On your first Monday you walk into XY Coffee Co. as a junior analyst. Your manager, Jane, believes every important business question is secretly a quantitative question, and that your value is the ability to translate one into the other. Each week pairs a class in the room with an interactive lesson here.

Faculty: Prof. Alexandre Caboussat · Dr Jan Erik Meidell (B2.13) · Dr Pierre Kirner · Dr Arnold Vialfont  ·  Cyberlearn for official announcements and documents
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Attend · 3 h
About an hour and a quarter of theory worked live, then exercises done with the room — the practice you cannot get from a screen alone.
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Practise here
Per week: the interactive lesson, the exercises done in class with solutions released as we go, a review quiz, and a homework set with hints and full solutions.
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Progress tracked
Sign in once; this device remembers you. Your progress and scores sync to your instructor automatically — which is how I know what to re-open next week.
About this course

The story

XY Coffee Co. began six years ago when its founder, Theo, sold bags of roasted beans from a single market stall. Today it roasts, ships, runs cafés, sells subscriptions through an app, and is starting to think like a real enterprise — which means it is starting to drown in questions it cannot answer with intuition alone. What price maximises profit? Which customers matter? How risky is next quarter? Is the new roastery worth building? Should we acquire a competitor?

Over the year you grow alongside the company. You start with a single product and the calculus needed to understand how cost, revenue and profit behave and where they peak. As the company scales and data floods in, you learn to make sense of it through descriptive statistics. Because the future is uncertain, you learn probability. Because the company must invest and raise money, you need financial mathematics. And when XY Coffee becomes multi-product and multi-region, you need the linear algebra that describes several dimensions at once — and finally, forecasting.

Prerequisite

Basic notions of pre-algebra and pre-calculus. Week 1 checks it honestly, and a voluntary Leveling Up module on Cyberlearn — videos, a self-test quiz and a blank HES-SO entry exam — is there for anyone who finds it rusty. Doing it in the first fortnight is the best investment available in this course.

Use of generative AI

Authorised, not mandatory, and it must be disclosed in full, including your prompts — say whether it was for form (spelling, reformulation) or for substance (analysis, recommendations). AI is a source and must be referenced as one, and its output must be understood and personalised by you.

The recommendation for this course specifically: do not ask AI for the answer — ask for the path to the answer. Ask for hints, for extra exercises, for alternative explanations. AI can be a sparring partner, but only if you meet it at the same level. Insist on the methodology rather than the result — the exams are closed book, and the methodology is the only thing that will be in the room with you.

What you'll be able to do

The course's official learning objectives. Each is a thing you will be able to do, with the block that teaches it — so you always know where you are on the map.

  • Understand why numbers drive decisions. Recognise the quantitative-reasoning workflow — question → model → data → answer → decision — and know which step a meeting has skipped. Fall W1
  • Turn business questions into a quantitative formalism. Represent relationships as functions of one variable, and move fluently between words, table, graph and formula. Fall W1–3
  • Measure change, margins and growth. Compute and interpret marginal cost, marginal revenue, elasticity and growth rates. Fall W4–7
  • Optimize value. Find the maxima and minima of a function, apply first- and second-order conditions, and translate a business goal into an objective function. Fall W8
  • Make sense of data in a business environment. Collect it, sample it honestly, summarise it with numerical measures, and see the relationship between two variables. Fall W11–14
  • Use basic probability and some probability distributions. Plan under uncertainty, discretely and continuously. Spring W1–5
  • Understand the time value of money, and perform project valuation. Interest, present value, annuities, NPV, portfolio return and risk. Spring W6–9
  • Elicit the structure behind the data with vectors and matrices. Handle many quantities at once, and apply matrix-vector calculus to management and finance problems. Spring W10–11
  • Model the activity into the future. Linear regression, and an honest account of its uncertainty. Spring W12–14
How each one is practisedEvery objective is met three times: the lesson in Part 1 of the session, the exercises in Part 2 worked with the room, and the homework in your own time. If you can do the exercises without the hint, you have the objective.
The year · week by week

Weeks unlock as the year goes on. Dates are on Cyberlearn; the schedule below is the syllabus order, and it is subject to change.

Assessment · how the grade is built

Three components, all of them written exams. Nothing else counts — and that is worth understanding properly, because it changes what the homework is for.

20%
Fall midterm
Fall W9 · 60 min · multiple choice
40%
Fall semester exam
Fall W16–17 · 120 min · closed book, open questions
40%
Spring semester exam
Spring W16–17 · 120 min · closed book, open questions

What you may bring into the room

Exactly two things, and they are checked during the exam:

  • One calculator from this list and no other: a Casio FX-82 Solar, or a Texas Instruments TI-30 eco RS.
  • A personal summary of two sheets, recto/verso — hand-written or typed, your choice.

Computers, smartphones, smart devices and any other communication device are forbidden.

Start your two sheets in week oneA summary written the night before is a transcription. A summary built week by week is the thing that taught you the course — and the blank test at the end of each semester exists precisely to tell you what your two sheets are missing, while there is still time to add it.

Attendance at all final and midterm exams is mandatory.

Homework and review quizzes · ungraded, and still the most useful thing you do

A homework set is assigned every week and a review quiz goes with it. Neither counts toward your grade. That is deliberate, and it is not an invitation to skip them.

They are the only instrument either of us has for finding out what has not landed — and finding out in Week 3 is free, while finding out in Week 9 costs 20% of the module. Do the homework by hand, with the calculator you will sit the exam with, the way the exam will be.

What your scores are used forThey reach my dashboard, which is how I know — before the next session — which idea the class has not landed, and what to open the session with. It is a teaching instrument, not a grade.

One blank test is organised at the end of each semester (week to be confirmed). It is typically taken at home and corrected in class. Informative, never graded.

Attendance · monitored, never penalised

The syllabus is explicit: attendance at all scheduled teaching activities contributes directly to the achievement of learning outcomes, absences are not directly penalised, and attendance is monitored for pedagogical purposes.

How it is recorded. In each session I open a short window and the presence button at the top of this page turns from grey to red. You press it once, on your own device, while you are in the room. Then I close the window. The same button also sits on that week's own page.

Why bother, if it is not a markBecause it tells me who was in the room when a topic was taught. When half the class stumbles on a midterm question, the register is what distinguishes "I taught it badly" from "those six people were not there" — and the two problems have completely different fixes.

The self-directed learning week · Fall W6

Week 6 of the fall semester is a self-study week. There is no class on campus, but you continue your progress in your study programme.

For Quantitative Methods there is a case study and a set of exercises to work through that week, consolidating everything from the first five weeks, with answers provided.

The topics covered during that week are included in the evaluations — both the midterm and the end-of-semester exams. A week without a class is not a week without material.

Week 7 debriefs the case study, as time allows.

The running company

Across the whole year we run one business: XY Coffee Co. — a roastery, three cafés and a subscription app. Week 1 asks what a function even is, using its production-cost table. The calculus block finds where its profit peaks and what one more tonne really costs. The statistics block describes its customers honestly. The spring plans under uncertainty, values the new roastery in today's francs, handles several products at once, and finally forecasts next year. By the last session, a gut feeling about the price of a bag of beans has become a recommendation you could defend to a bank.

The datasets are small and hand-computable on purpose: the exams are by hand, with a simple calculator. Nothing in this course requires software you do not have.

References

Mathematics

  • Haeussler & Wood (2011) Introductory Mathematical Analysis for Business, Economics and Life and Social Sciences, 13th ed., Prentice Hall. ISBN 9780321643889.
  • McClave, Benson & Sincich (2010) College Mathematics for Business, Economics, Life Sciences and Social Sciences, 12th ed., Prentice Hall. ISBN 9780321710826.
  • Sydsaeter, Hammond & Strom (2012) Essential Mathematics for Economic Analysis, 4th ed., Pearson. ISBN 9780273760689.
  • Sydsaeter, Hammond, Seierstad & Strom (2008) Further Mathematics for Economic Analysis, 2nd ed., Pearson.
  • Esch (2010) Mathématiques pour économistes et gestionnaires, De Boeck Université.
  • Swokowski (1993) Analyse, De Boeck Université.

Statistics

  • Groebner, Shannon, Fry & Smith (2013) Business Statistics: A Decision-making Approach, 9th ed., Pearson. ISBN 9781292023359.
  • McClave, Benson & Sincich (2013) Statistics for Business and Economics, 12th ed., Pearson. ISBN 9781292023298.
  • McCabe & Moore (2005) Introduction to the Practice of Statistics, 4th ed., W. H. Freeman.
  • Sullivan (2004) Fundamentals of Statistics, 3rd ed., Prentice Hall.
  • Anderson, Sweeney & Williams (2007) Statistiques pour l'économie et la gestion.

Weekly reading

Most weeks carry one short article — largely Harvard Business Review — named on that week's card and posted on Cyberlearn. They are there so the mathematics arrives attached to a business argument someone actually made.

© 2026 Jan Erik Meidell · HEG Genève · Quantitative Methods I · built for teaching
Cyberlearn · instructor · all courses