Business and financial mathematicsLaajuus (5 cr)

Objective

You have the mathematic skills necessary in the most common problem solving situations. You are able to apply mathematical skills especially in decision making and when describing different phenomena in business or economics. You are able to plan and maintain your own financial affairs. You are able to use software tools in calculations related to financial and business matters.

Content

How are taxes and profitability calculated? Why are indices used to describe the phenomena in business and economics? How do currencies affect the different factors in economy? What are simple interest and compound interest? What kinds of financial instruments are available? How can the profitability of investments be measured?

Materials

Management accounting

Evaluation

Students can
a. systematically use professional vocabulary
b.look for information in the key information sources of the field
e. use the key models, methods, software and technologies of the professional field