Applied Business Mathematics (5cr)

Objective

After completing the course, you will be able to: apply percentage calculations in various situations calculate and utilize different indices from a business perspective use Excel to solve and visualize financial mathematical problems perform interest calculations compare different financing methods using appropriate techniques create and interpret simple statistical charts and tables.

Competencies
Operating in a workplace

Content

Percentage calculations
Simple interest calculations
Compound interest calculations
Indices, inflation, deflation, and real change
Basics of financial calculations
Using Excel for solving and visualizing mathematical problems
Basics of statistics.

Assessment criteria, satisfactory (1)

I am able to perform simple percentage calculations, indexes, and interest calculations, prepare a basic financial statement, carry out basic calculations using Excel, and create a simple table and a statistical chart.

Assessment criteria, good (3)

I calculate key cases of percentage calculations as well as simple and compound interest calculations. I perform various financial calculations. I use Excel for applications in financial mathematics. I modify tables and statistical charts appropriately.

Assessment criteria, excellent (5)

I solve diverse applications of percentage calculations, indexes, and interest calculations. I compare financial calculations. I use Excel extensively for applications in financial mathematics. I interpret tables and statistical charts.

Assessment criteria, approved/failed

Not in use.