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
-
LTKV21KMBusiness, 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