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Business and financial mathematics (5 cr)

Code: LT00EL71-3001

General information


Enrollment

12.04.2021 - 25.04.2021

Timing

06.09.2021 - 31.12.2021

Number of ECTS credits allocated

5 op

Virtual portion

3 op

Mode of delivery

40 % Contact teaching, 60 % Distance learning

Campus

Kouvola Campus

Teaching languages

  • Finnish

Seats

20 - 70

Degree programmes

  • Degree Programme in Business Management

Teachers

  • Tommi Salmela

Teacher in charge

Tommi Salmela

Scheduling groups

  • Ryhmä 1 (Size: 50. Open UAS: 0.)
  • Ryhmä 2 (Size: 50. Open UAS: 0.)

Groups

  • LTKV21KM
    Business, part-time studies

Small groups

  • Ryhmä 1
  • Ryhmä 2

Objective

You have the mathematic skills necessary in the most common problem solving situations. You are able to apply them especially in decision making and when describing different phenomena in business or economics. You are able to solve problems concerning investments and finance. You are able to utilize a spreadsheet as an instrument to help with calculation and demonstration.

Content

How are taxes and profitability calculated? Why and how 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, and how to calculate them? What kinds of financial instruments are available? How can the profitability of investments be measured?

Evaluation scale

1-5