Mathematical Foundations of Industrial ManagementLaajuus (10 ECTS)

Objective

After completing the course the student has made progress in
mathematical thinking and problem solving, especially in the context of industrial management. After completing the course the student has reliable command of basic mathematical methods. The student is able to model phenomena in natural sciences and economics, applying computer methods when appropriate. The student understands the main mathematical concepts and structures and he/she perceives them as the analytical foundation of industrial management.

Content

• Algebra
• Functions and equations
• Differential calculus
• Integral and introduction to dynamics
• Functions of several variables
• Matrices and vectors
• Applications in economics
• Computing tools

Qualifications

High school mathematics or equivalent skills in the diagnostic test. Remedial course for students who have deficiencies in necessary qualifications.

Assessment criteria, satisfactory (1)

Students have achieved the course objectives fairly. Students will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Assessment criteria, good (3)

Students have achieved the course objectives well, even though the knowledge and skills need improvement on some areas. Students are able to define the course concepts and models and are able to justify the analysis. The student is able to apply their knowledge in leisure, study and work situations. The student understands the importance of expertise in the field of business and is able to analyze his/her own expertise.

Assessment criteria, excellent (5)

Students have achieved the objectives of the course with excellent marks. Students master commendably the course subject area’s concepts and models. Students are able to make justified and fluent analysis and to present concrete development measures. The students are well prepared to apply their knowledge in leisure, study and work situations. Students are able to analyze the business sector expertise and the evolvement of their own expertise.

Assessment criteria, approved/failed

Students have achieved the course objectives fairly. Students will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.