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Business Math

Essay by   •  March 22, 2019  •  Course Note  •  2,083 Words (9 Pages)  •  32 Views

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Foundation University Islamabad

Faculty of Management Sciences

Department of Business Administration

  1. Brief Introduction

[pic 1]

Course Name                        Business Math

Course Code                        GEN 403

Instructor                        Ms. Sara Siddique

Semester                         Spring 2019

Credit Hours                        Three

Class Timings                 08:30AM to 09:50AM every Wed and Thur - Room 26 (Sec A)

                                09:55AM to 11:15AM every Tue and Thur - Room 27 (Sec B)

                                08:30AM to 09:50AM every Mon and Tue - Room 28 (Sec C)

                                

Instructor’s [pic 2]

Telephone No(s).                0331-5121858

                        

Instructors’ Email                sara-sid@live.com  (Expect an answer in 3-5 working days)

Teaching Assistant                --

TA’s Telephone No(s).        --

TA’s Email                        --

Program Manager                Mr. Irfan Ahmed

Visiting Hours:                 By appointment


TABLE OF CONTENTS

1.        BRIEF INTRODUCTION        1

TABLE OF CONTENTS        2

2.        BRIEF DESCRIPTION OF THE COURSE        3

3.        PRE-REQUISITE KNOWLEDGE        3

4.        COURSE COVERAGE (TICK EACH)        3

5.        LIMITED COURSE OBJECTIVES OF THIS COURSE        3

6.        LEARNING OUTCOMES        3

7.        COURSE CONTENTS DETAILED DISTRIBUTION        4

8.        GRADE DISTRIBUTION (SUBJECT TO CHANGE)        5

9.        MISC. INSTRUCTIONS        5

10.        WEBSITES/LINKS        6

11.        TEXT BOOK(S)        6

12.        COMPUTER TOOLS        6

13.        TEACHING METHODOLOGY        6

14.        INSTRUCTOR’S PROFILE        6

15.        FINAL COMMENTS        6

16.        COURSE GROUP        7


  1. Brief Description of the Course

‘Business Math’ is a course designed to study and apply mathematical concepts, principles and techniques that are useful for problem solving in business management. The course focuses on the practical, real-life problem solving and applications of mathematical techniques in business. Business mathematics is an important tool for solving the business problems in the area of finance, accounting, economics, production and general management, and sales and marketing. The objectives of this course are to teach the various tools and techniques so that the students will be able to solve the various real-life business problems.

The course will employ in-class lecturing, practical problem solving and class exercises.

  1. Pre-Requisite Knowledge

None.

  1. Course Coverage (Tick each)

Knowledge () 🡪 Comprehension () 🡪 Application () 🡪 Analysis ( ) 🡪 Synthesis ( ) 🡪 Evaluation ( )

  1. Limited Course Objectives of This Course

Course Objective Number

Precise, Realistic and Achievable Course Objective

Which Program Objective does this Course Objective Trace to?

1

To understand and use equations, formulae, and mathematical expressions and relationships in a variety of contexts.

PO 1

2

To apply the knowledge in mathematics in solving business problems in a variety of contexts.

PO 2

  1. Learning Outcomes

Course Learning Outcome

Precise, Realistic and Achievable Learning Outcome

Which Course Objective does this Learning Outcome Trace to?

1

Identify and understand basic concepts of Business Math

CO 1

2

Solve business math problems using fractions, percentages and equations

CO 2

3

Prepare invoices and calculate trade and cash discounts

CO 2

4

Calculate mark-ups and mark-downs

CO 2

5

Compute payroll, and do inventory

CO 2

6

Compute simple and compound interest

CO 2

7

Compute annuities and sinking funds.

CO 2

  1. Course Contents Detailed Distribution

      Note: This schedule is tentative and can be subject to change

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