The course is included in these curricula and study modules

Level/category

Professional studies

Teaching language

English

Type of course

Compulsory

Recommended year of study

1

Total number of ECTS

5 cr

Competency aims

The course is designed to demonstrate the integration of mathematics in business, management, and finance. Students are expected to gain necessary skills required for solving mathematical problems in business administration and in finance.

Learning outcomes

Upon successful completion of this course, students are expected to be able to: 1. Apply mathematical skill to business applications. 2. Apply mathematical skill to banking situations. 3. Calculate percentages, discounts, taxes and loans 4. Demonstrate proficiency in use of the calculator 5. Minimizing and Maximizing (cost, profit, revenue..etc) functions

Course contents

- Review of basics - Review of functions (exp. and log) - Modelling Using Straight Lines - Modelling Using Curves - Percentages - Linear Programming (Graphical Solution) - Matrices - Modelling Using Matrices - Time Value - Annuities - Amortization of Loans

Prerequisites and co-requisites

Basic High School Mathematics

Previous course names

Business Mathematics (BBA 1.02.2)

Additional information

Will be given in class.

Recommended or required reading

Swift Louise: Mathematics and Statistics for Business, Management and Finance. Macmillan Press, 1997. ISBN 0-333-62557-9.

Study activities

  • Lectures - 80 hours
  • Individual- and group instruction - 48 hours
  • - 4 hours

Workload

  • Total workload of the course: 132 hours
  • Of which autonomous studies: 132 hours
  • Of which scheduled studies: 0 hours

Mode of Delivery

Participation in tuition

Assessment methods

Exams (written-, oral-, home-)

Teacher

Durbo Badal Karis

Examiner

Durbo Karis

Home page of the course

https://arcada.itslearning.com/

Group size

No limit

Assignments valid until

Until date 2012-10-26

Assessment methods

2012-10-26 - Exams

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