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Business Mathematics and Statistics (5 ECTS)

Code: LX00BM29-3044

General information


Enrollment
02.05.2019 - 12.08.2019
Registration for the implementation has ended.
Timing
27.08.2019 - 13.12.2019
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
Teachers
Riikka Hiidenkari
Teacher in charge
Tiina Mikkola
Course
LX00BM29
No reservations found for implementation LX00BM29-3044!

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

Tuition in Finnish

Teaching methods

Lectures
Assignments
Tests

Employer connections

Tuition in Finnish

Completion alternatives

Tuition in Finnish

Further information

Tuition in Finnish

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

Business Mathematics 60 %
Business Statistics 40 %

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