Study Guide

Learning outcomes

The student is able to
- use business mathematics methods applied in business activities
- draw up profitability calculations and budgets for business operations
- explain the value of entrepreneurship

Implementation and methods of teaching

PROFITABILITY ACCOUNTING AND BUDGETING:
Lectures and assignments. Students are guided to perform profitability calculations, financial plans and budgets for a business through case examples and assignments.
BUSINESS MATHEMATICS:
Lectures and assignments, supported by online material.
Optional weekly (Tue at 12-14) workshops.

Learning material and recommended literature

Material provided in Reppu
Business Mathematics: Book recommended, ordered in the beginning of the course as a group order

Contents

The course is divided into two sections:
PROFITABILITY ACCOUNTING AND BUDGETING (2 credits):
The student is acquainted with entrepreneurship with the focus on financial and profitability planning of a start-up.
BUSINESS MATHEMATICS (3 credits):
- Simple interest calculations
- Compound interest calculations
- Periodic payments
- Financial calculations

Additional information for students: previous knowledge etc.

Previous knowledge:
Preparatory studies in mathematics -course or corresponding knowledge

Assessment criteria

PROFITABILITY ACCOUNTING AND BUDGETING
Assessment is based on assignments (individual and/or group)
BUSINESS MATHEMATICS
Individual assessment based on mini-exams of each topic and passed weekly exercises.

Assessment scale

1-5

Failed (0)

Student does not reach the learning objectives.

Assessment criteria: level 1 (assessment scale 1–5)

PROFITABILITY ACCOUNTING AND BUDGETING:
The student is able to draw up profitability calculations and budgets for business operations on a satisfactory level.
BUSINESS MATHEMATICS:
The student is able to use business mathematics methods on a satisfactory level.

Assessment criteria: level 3 (assessment scale 1–5)

PROFITABILITY ACCOUNTING AND BUDGETING:
The student is able to draw up profitability calculations and budgets for business operations on a good level.
BUSINESS MATHEMATICS:
The student is able to use business mathematics methods on a good level.

Assessment criteria: level 5 (assessment scale 1–5)

PROFITABILITY ACCOUNTING AND BUDGETING:
The student is able to draw up profitability calculations and budgets for business operations and on an excellent level.
BUSINESS MATHEMATICS:
The student is able to use business mathematics methods on an excellent level.