Business Mathematics and Statistics (5 ECTS)
Code: LX00BM29-3047
General information
- Enrollment
-
02.12.2019 - 06.01.2020
Registration for the implementation has ended.
- Timing
-
13.01.2020 - 04.05.2020
Implementation has ended.
- Number of ECTS credits allocated
- 5 ECTS
- Mode of delivery
- On-campus
- Unit
- (2019-2024) School of Business
- Campus
- Leiritie 1
- Teaching languages
- Finnish
- Seats
- 20 - 35
- Degree programmes
- Economics and Business Administration
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
Lecture material
Excel-instructions
SPSS-instructions
e-books
Teaching methods
Lectures
Assignments
Exams
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
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 methods and criteria
Exams 100%