Study Guide

Objective

The student:
- can solve problems with percentage change, index, inflation, deflation, and currency calculation
- is able to conduct interest rate- and VAT calculations, as well as pricing calculations
- can calculate interest rate, periodic payments, and credit with a spreadsheet programme
- is familiar with basic concepts in investment calculation and can perform investment calculations with a spreadsheet programme
- understands how optimization problems in financial mathematics are solved with spreadsheets

Content

- percentage calculation
- index calculations, purchasing power, inflation, and deflation
- VAT calculation and pricing calculations
- currency calculations
- simple and compound interest calculation
- price calculations
- periodic payments and credit
- investment and optimization calculations

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

The student can solve simple tasks related to percentage change and understands the concepts of index and inflation.

The student can convert from one currency to another, perform simple VAT calculations, and pricing calculations.

The student can calculate the amount of interest and solve simple tasks involving compound interest.

The student is familiar with basic concepts of investment calculations and can solve simple optimization problems

Assessment criteria, good (3)

The student understands how to formulate expressions for percentage change and can calculate and compare different types of indices.

The student can set up expressions for converting between different currencies and perform more advanced VAT calculations and pricing calculations.

The student can calculate the new capital amount.

The student understands and can perform annuity calculations.

The student can prepare an investment calculation and understands how optimization problems in financial mathematics are solved using calculation software.

Assessment criteria, excellent (5)

The student can solve more complex problems involving percentage calculations and different types of indices.

The student can solve more complex problems that include currency calculations, VAT calculations, and pricing calculations.

The student can solve more complex interest problems and compound interest problems using a spreadsheet program.

The student can prepare more complex investment calculations using a spreadsheet program and set up and solve more demanding optimization problems.

Qualifications

IT-Tools

Objective

The student:
- can solve problems with percentage change, index, inflation, deflation, and currency calculation
- is able to conduct interest rate- and VAT calculations, as well as pricing calculations
- can calculate interest rate, periodic payments, and credit with a spreadsheet programme
- is familiar with basic concepts in investment calculation and can perform investment calculations with a spreadsheet programme
- understands how optimization problems in financial mathematics are solved with spreadsheets

Content

- percentage calculation
- index calculations, purchasing power, inflation, and deflation
- VAT calculation and pricing calculations
- currency calculations
- simple and compound interest calculation
- price calculations
- periodic payments and credit
- investment and optimization calculations

Location and time

Spring 2026

Materials

Material on Moodle
Karjalainen, L. (2019). Matematik inom företagsekonomi. Helsingfors: Utbildningsstyrelsen.

Teaching methods

Lectures, exercises and assignments

Completion alternatives

Examination

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

The student can solve simple tasks related to percentage change and understands the concepts of index and inflation.

The student can convert from one currency to another, perform simple VAT calculations, and pricing calculations.

The student can calculate the amount of interest and solve simple tasks involving compound interest.

The student is familiar with basic concepts of investment calculations and can solve simple optimization problems

Assessment criteria, good (3)

The student understands how to formulate expressions for percentage change and can calculate and compare different types of indices.

The student can set up expressions for converting between different currencies and perform more advanced VAT calculations and pricing calculations.

The student can calculate the new capital amount.

The student understands and can perform annuity calculations.

The student can prepare an investment calculation and understands how optimization problems in financial mathematics are solved using calculation software.

Assessment criteria, excellent (5)

The student can solve more complex problems involving percentage calculations and different types of indices.

The student can solve more complex problems that include currency calculations, VAT calculations, and pricing calculations.

The student can solve more complex interest problems and compound interest problems using a spreadsheet program.

The student can prepare more complex investment calculations using a spreadsheet program and set up and solve more demanding optimization problems.

Assessment methods and criteria

The assessment is based on the exam and the assignments

Assessment criteria, fail (0)

The criteria for grades 1-2 are not met.

Assessment criteria, satisfactory (1-2)

Can solve simple problems on percentage change and understand what the concepts of index and inflation mean

Can convert from one currency to another, perform simple VAT calculations and pricing calculations

Can calculate the amount of interest and calculate simple problems with compound interest

Knows various basic concepts in investment calculation and can solve simple optimization problems

Assessment criteria, good (3-4)

Understands how to formulate expressions for percentage change and can calculate and compare different types of indices

Can set up expressions for how to convert between different currencies and perform more advanced VAT calculations and pricing calculations

Can calculate the size of the new capital

Understands and can perform annuity calculations

Can make an investment calculation and understands how optimization problems in financial mathematics are solved with calculation programs

Assessment criteria, excellent (5)

Can solve more complex problems involving percentage calculations, different types of indices

Can solve more complex problems involving currency calculations, VAT calculations and pricing calculations.

Can solve more complex interest problems and problems with compound interest using a spreadsheet program

Can make more complex investment calculations using a spreadsheet program and set up and solve more demanding optimization problems

Qualifications

IT-Tools