Opinto-opas

Objective

The student is familiar with basic mathematical concepts and how they are applied to real world business situations. The student is familiar with the most relevant calculations related to finance and investment decisions. The student understands the fundamentals of statistical analysis and interpreting statistical results. The student is able analyze data and apply appropriate statistical techniques.

Content

- Percentages
- Indices
- Time Value of Money
- Interest and compound interest calculations
- Basic statistical analysis
- Distribution and descriptive statistics
- Relationships between variables
- Basics of Excel and SPSS

Materials

e-books:
Business Math Demystified
Beyond the Numbers : Making Sense of Statistics
Excel Data Analysis, Visual BluePrint

Teaching methods

Interactive lecture, guided assignments, final exam

Further information

Tuition in English

Evaluation scale

0-5

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

Sufficient performance:
showing just enough understanding of the subject to merit a pass grade but requiring greater effort to achieve a more satisfactory result

Assessment methods and criteria

Homework assignments, project, final exam

Qualifications

None