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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).