Business Mathematics (EM1002), 3 op

Basic information

Course name:	Business Mathematics Business Mathematics
Course Winha code:	EM1002
Kurre acronym:
Credits:	3
Type and level of course:	Basic studies
Year of study, semester or study period:	1.year
Implementation:	Autumn semester
Semester:	0607
Language of tuition:	English
Teacher:	Pertti Vilpas
Final assessment:	Grading scale A16-F2

Descriptions

Prerequisites

None.

Course contents (core content level)

By the end of this course, the students should be able to:
* Solve problems that involve index numbers and real changes
* Apply interest and compound interest to the problems of business application
* Calculate loan/mortgage repayments and the value of an outstanding loan/mortgage
* Construct a linear equation and plot linear graphs

Course contents (additional)

* Use the Excel software for mathematical analysis

Core content level learning outcomes (knowledge and understanding)

Rationale
This course has been designed to give students an understanding of basic mathematical analyses needed in business.

Aims
* To enable students to develop their mathematical skills and understanding through realistic business problems.
* Prepare for further study of quantitative methods.

Core content level learning outcomes (skills)

* To revise and enhance knowledge of mathematics and give examples of applications of business mathematics.

Teaching and learning strategies

This course will be taught through lectures and exercises. Microsoft Excel is used during the course.

Teaching methods and student workload

Individual research, reading
Reports
Interview
Exam
Learning tasks / Assignments
Assignments or project

Assessment weighting and grading

To successfully pass this course the student should complete the minimum grade in exercises and in the exam.
Assessment weighting
Exercises
40%
Exam
60%

Related competences of the degree programme

Personal development
Development competencies
Generic Competences