Financial Mathematics
| Structure Type: | Study unit |
|---|---|
| Code: | TL00BR03 |
| Curriculum: | LT 2025V |
| Level: | Bachelor of Business Administration |
| Year of Study: | 1 (2025-2026) |
| Semester: | Autumn |
| Credits: | 5 cr |
| Responsible Teacher: | Siegfrids, Kerstin |
| Language of Instruction: | Finnish |
Courses During the Academic Year 2025-2026
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 3001 | LT2025-W, LT2025V-K | 2025-09-01 – 2026-05-31 | Kerstin Siegfrids | Finnish | 2025-08-01 – 2026-03-31 |
| 3002 | LT2025-A | 2025-08-25 – 2025-12-22 | Kerstin Siegfrids | Finnish | 2025-08-01 – 2025-09-06 |
| 3003 | LT2025-B, LT2025-C | 2025-08-25 – 2025-12-22 | Kerstin Siegfrids | Finnish | 2025-08-01 – 2025-09-06 |
| 3004 | LT2025-D | 2025-08-25 – 2025-12-22 | Kerstin Siegfrids | Finnish | 2025-08-01 – 2025-09-06 |
Learning Outcomes
This course covers the basics that everyone involved in business should know. The topics are explained through concrete examples.
After completing the course, you will be able to understand and use percentage calculations. You can calculate index numbers, draw their graphs, and analyze them. You will be able to perform simple interest and compound interest calculations, and apply them in loan calculations and investment analysis.
You will be able to perform calculations independently in Excel.
Student's Workload
1 ECTS credit = 27 hours of work, so the student's workload for 5 ECTS credits is 135 hours.
Prerequisites / Recommended Optional Courses
No prior studies required.
Contents
The course content includes percentages, VAT, currencies, indices, purchasing power, simple interest calculations, compound interest calculations, loan calculations, and investment analysis.
Regional Impact
The course takes local companies in the region into account.
Internationality
The course takes the international aspects of the region into account.
Recommended or Required Reading and Other Learning Resources/Tools
Lecture materials provided by the teacher.
Mode of Delivery / Planned Learning Activities and Teaching Methods
Lectures, exercises.
Assessment Criteria
Assessment criteria, satisfactory (1-2): Recognizes and understands key theories, principles, and methods. Can perform basic calculations.
Assessment criteria, good (3-4): Applies key concepts in individual situations and tasks, and understands the theoretical foundations behind the methods. Can perform more complex tasks.
Assessment criteria, excellent (5): Consistently applies key theories, concepts, and methods in various situations. Can perform the most complex tasks.
Assessment Methods
Numerical assessment on a scale of 0-5.
The grade is determined based on the exam and assignments.