Business MathematicsLaajuus (3 ECTS)

Objective

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 and prepare for further study of quantitative methods.

It also aims to revise and enhance knowledge of mathematics and give examples of applications of business mathematics.

Content

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 outstanding principle
- Construct a linear equation and plot linear graphs
- Use the results of mathematical calculations to help evaluate various options in reaching financial decisions, whether personal or business-related
- Use the Excel software for mathematical analysis

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

Qualifications

English Language Proficiency