Business Mathematics (5 cr)
Code: 3041011-3006
General information
Enrollment
01.06.2023 - 10.09.2023
Timing
28.08.2023 - 14.12.2023
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
Engineering and Business
Campus
Lemminkäisenkatu
Teaching languages
- English
Degree programmes
Teachers
- Pia Lindman
Groups
-
PINBOS23
- 05.10.2023 16:00 - 17:30, Business Mathematics 3041011-3006
- 02.11.2023 16:00 - 17:30, Business Mathematics 3041011-3006
- 30.11.2023 16:00 - 17:30, Business Mathematics 3041011-3006
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/ViLLE
Selected chapters in Khan Academy
Excel
Teaching methods
Self studies, tutorials in virtual environment, assignments, study clinics, weekly assignments
International connections
Task-based method emphasizing the application of knowledge and skills.
Student workload
Total 133 hours:
All group meetings (4-5 * 1,5h), Tutorials in ViLLE, Assignments and ItsLearning/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/ViLLE tests (5 tests) and Excel assignments
Assessment criteria, fail (0)
Tests in ItsLearning/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/ViLLE tests (40 % correct) and returning Excel assignment(s).
Assessment criteria, good (3-4)
3: Grade can be achieved with ItsLearning/ViLLE tests (about 60 % correct) and returning well done Excel assignment(s).
Assessment criteria, excellent (5)
Grade can be achieved with ItsLearning/ViLLE tests (about 90 % correct) and returning correctly done Excel assignment(s)