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Business Mathematics

Structure Type: Study unit
Code: TLP0505
Type: Compulsory
Curriculum: LT 2016
Level: Bachelor of Business Administration
Year of Study: 1 (2016-2017)
Credits: 3 cr
Responsible Teacher: Ranta, Mikko
Language of Instruction: Finnish

Courses During the Academic Year 2016-2017

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
1T-LT-1-12016-09-01 – 2017-03-05Tarja LaunonenFinnish2016-08-22 – 2016-09-19
2T-LT-1-22016-09-01 – 2017-03-05Tarja LaunonenFinnish2016-08-22 – 2016-09-19
3T-LT-2VT2016-09-01 – 2016-12-31Tarja LaunonenFinnish2016-08-22 – 2016-09-19
4T-LT-1-32017-01-09 – 2017-05-24Tarja LaunonenFinnish2016-12-12 – 2017-01-16
5T-LT-1-42017-01-09 – 2017-05-24Tarja LaunonenFinnish2016-12-12 – 2017-01-16

Still need to take the course? See the courses during the academic year 2019-2020.

Learning Outcomes

The student obtains the required mathematical skills when dealing with various commercial and administrative tasks.

Student's Workload

Total work load of the course: 81 h
- of which scheduled studies: 40 h
- of which autonomous studies: 41 h
The assesment of student's own learning 1 h is included in contact lessons.

Prerequisites / Recommended Optional Courses

-

Contents

Percentage calculations, VAT calculations, margin calculations, simple interest, compund interest, periodic payments with interest, credit calculations, investment calculations

Regional Impact

The examples in the course follow the special aspects of local industry.

Internationality

Examples emphasize international differences in the calculations of financial problems (for example VAT).

Recommended or Required Reading and Other Learning Resources/Tools

Lecture notes

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, exercises

Assessment Criteria

5: Can utilise theories, concepts and methods of business mathematics consistently in various situations. Can write to a restricted target group about theories, concepts and methods of business mathematics. Can discuss the issues and phenomena in business mathematics with a restricted target group.
3: Can utilize the essential concepts of business mathematics in single situations and assignments and understand the theories on which the assignments are based. Can discuss the essential issues in business mathematics with a restricted target group. Can produce written and oral basic information of business mathematics.
1: Can recognise and understand the essential theories, principles and methods of business mathematics. Can document essential phenomena of business mathematics and communicate about the essential issues of the field.

Assessment Methods

Examinations 100 %. Numerical (0-5).


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