Applied Business Mathematics LL25SV (5cr)

Evaluation scale

Five step scale

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.

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.

Materials

In addition to the materials available on DigiCampus, the course uses the textbook "Liike-elämän matematiikka" (Saaranen P., Kolttola E., Pösö J., Edita, all editions are ok) as learning material.

Teaching methods

The course uses teaching and learning methods based on online pedagogy, including weekly guidance webinars and independent work in the DigiCampus learning environment, which contains self-study materials and assignments related to the course content. Guidance webinars are learning sessions where students can confirm with the responsible teacher that they are progressing smoothly in the course and that their assignment solutions are correct. These webinars are held about once a month, schedule will be shown in the course's DigiCampus page. The course is assessed based on submitted assignments and exams, using a grading scale from 0 to 5. The assessment will be recorded within one month of completion. The schedule for the exam and retakes will be announced in the course’s DigiCampus area. If you use AI to assist with assignments, include a written description of how and to what extent you used it. Failure to disclose the use of AI will be considered academic misconduct.

Completion alternatives

Alternative ways to complete the course will be explained at the beginning of the course. There are also two options for credit transfer: 1. Substitution with previous higher education studies means replacing the course with studies completed elsewhere that have similar content. Credit transfer is applied for based on certificates or a transcript of records. Substitution requires content equivalence at EQF level 6. The credit transfer is processed in Peppi at your own university of applied sciences. Credit transfer can only be applied for complete courses. The student must contact their teacher tutor at their own institution. A guidance discussion is required, and it must take place before starting the course. Instructions for submitting the application in Peppi can be found in your institution’s guidelines. 2. Substitution with competence acquired in other ways means replacing the course with competence acquired through other means that match the course’s learning outcomes (e.g., work experience). Credit transfer requires a demonstration of competence at EQF level 6. The credit transfer is processed in Peppi. Credit transfer can only be applied for complete courses. The student must contact their teacher tutor at their own institution. A guidance discussion is required, and it must take place before starting the course. Instructions for submitting the application in Peppi can be found in your institution’s guidelines. Accreditation through work-based learning means acquiring the required competence for the degree by working and linking practical tasks to the relevant theoretical foundation, which in universities of applied sciences corresponds to EQF level 6. Work-based learning must be agreed upon in advance with the teacher tutor and the responsible teacher.

Student workload

The scope of the course is 5 ECTS credits, which corresponds to approximately 135 hours of work. This consists entirely of independent study. In addition, there are optional monthly guidance webinars (2 hours each); the detailed schedule is available in the course’s DigiCampus page.