Business Mathematics (5cr)

Objective

To provide students with a sound command of business mathematics skills and the ability to apply them in different areas of business life

Content

Review of the basic mathematical operations needed in business mathematics
Percentage calculations
Index numbers
Simple interest calculation and its applications
Compound interest calculations and its applications
Credit and loans
Investments

Assessment criteria, excellent (5)

Approximately 90-100 % of maximum points in exam.

Assessment criteria, good (3)

Approximately 66-90 % of maximum points in exam Students know how to apply calculation principles to basic cases.

Assessment criteria, satisfactory (1)

Approximately 50-65 % of maximum points in exam; Students know how to calculate basic calculations.

Assessment criteria, approved/failed

(May change according to teacher preference)

Further information

ok. Simo ja Ari 10.5.2016