Business Mathematics (5 cr)
Code: 3041011-3004
General information
Enrollment
01.05.2020 - 11.10.2020
Timing
31.08.2020 - 03.01.2021
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
20 - 40
Degree programmes
Teachers
- Pia Lindman
Groups
-
PINBOS20
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 ItsLearning/Wiris/ViLLE
Selected chapters in Khan Academy
Excel
Teaching methods
Self studies, tutorials in virtual environment, assignments, study clinics, weekly assignments
International connections
Self studies, tutorials in virtual environment, assignments, study clinics, weekly assignments
Student workload
Total 133 hours:
All group meetings (5 hours), Tutorials, Assignments and ItsLearning/Wiris/ViLLE tests, self study
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
ItsLearning/Wiris/ViLLE tests (5 tests) and Excel assignments
Assessment criteria, fail (0)
Tests in ItsLearning/Wiris/ViLLE (5 tests in total) not done with good enough level (40 % correct). Excel assignment(s) not returned.
Assessment criteria, satisfactory (1-2)
1: Pass grade can be achieved passing ItsLearning/Wiris/ViLLE tests (40 % correct) and returning Excel assignment(s).
Assessment criteria, good (3-4)
3: Grade can be achieved with ItsLearning/Wiris/ViLLE tests (about 60 % correct) and returning Excel assignment(s).
Assessment criteria, excellent (5)
Grade can be achieved with ItsLearning/Wiris/ViLLE tests (about 90 % correct) and returning Excel assignment(s).