Business Mathematics (5 cr)
Code: 3041011-3003
General information
Enrollment
03.06.2019 - 29.09.2019
Timing
02.09.2019 - 08.12.2019
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Distance learning
Unit
Engineering and Business
Campus
Location-independent
Teaching languages
- English
Seats
10 - 60
Degree programmes
Teachers
- Pia Lindman
Groups
-
PINBOS19
Objective
The student can
- apply mathematical techiques to the solutions of practical business problems
- understand the roles mathematics play in business operations
- make consumer decisions sound in relation to purchasing and investing
- relate mathematical applications to managerial decisions
- understand and use mathematical notation
Content
Contents:
- roles of mathematical tools and skills in business operation
- matematical techniques and tools
- mathematical applications in management
Materials
Kaliski: Business Mathematics, 3rd edition (eBook), chapters 2 (UNIT 1), 4 (UNIT 2), 8,9 (UNIT 4), 11 and 12 (UNIT 5)
Tutorials and assignments in ViLLE (and Optima)
Selected chapters in Khan Academy
Teaching methods
Self studies, tutorials in virtual environment, assignments, study clinics, final assignment
International connections
Self studies, tutorials in virtual environment, assignments, study clinics, final assignment
Student workload
Total 133 hours:
All group meetings (5 hours), Tutorials, Assignments and ViLLE tests, self study, final exam
Content scheduling
- Percentages and Taxation
- Sequences and Interest
- Investments
- Business Economy (investment calculations, VAT, Pricing, Cost Accounting, Contribution Margin, Profit)
- Value of the Money
- Excel
Evaluation scale
H-5
Assessment methods and criteria
ViLLE tests (5 tests) and final exam
Assessment criteria, fail (0)
Tests in ViLLE (5 tests in total) not done and/or final exam in ViLLE not done with good enough level (40 % correct). Excel assignment(s) not returned.
Assessment criteria, satisfactory (1-2)
1: About 40 % of the final exam points achieved and Tests in ViLLE done with minimum criteria.
Pass grade can be achieved also with just passing ViLLE tests (50 % correct) and returning Excel assignment(s).
Assessment criteria, good (3-4)
3: About 60 % of the final exam points achieved and/or tests in ViLLE done with minimum criteria.
Grade can be achieved also with ViLLE tests (70 % correct) and returning Excel assignment(s).
Assessment criteria, excellent (5)
About 90 % of the final exam points achieved and tests in ViLLE done with minimum criteria.
Grade can be achieved also with ViLLE tests (100 % correct) and returning Excel assignment(s).