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Business MathematicsLaajuus (5 cr)

Code: FEK22FFO01

Credits

5 op

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

Qualifications

none

Enrollment

15.06.2024 - 30.09.2024

Timing

30.09.2024 - 20.12.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Faculty of Business

Teaching languages
  • Svenska
Teachers
  • Kerstin Siegfrids
Groups
  • FEK24D-V
    Tradenom (YH), h24, dagstudier, Vasa

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

Period 1 & 2

Materials

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

Teaching methods

Lectures, exercises and assignments

Evaluation scale

H-5

Assessment methods and criteria

The assessment is based on the exam

Assessment criteria, fail (0)

The criteria for grades 1-2 are not met.

Assessment criteria, satisfactory (1-2)

The student is able to recognize and understand the essential theories, principles and methods regarding:
Compound interest
Solve problems about periodic payments
Investment calculations

Assessment criteria, good (3-4)

The student is able to utilize essential concepts in single situations and assignments and understand the theories on which the assignments are based regarding:
Compound interest
Solve problems about periodic payments
Investment calculations

Assessment criteria, excellent (5)

The student is able to utilize theories, concepts and methods consistently in various situations regarding:
Compound interest
Solve problems about periodic payments
Investment calculations

Qualifications

none

Enrollment

15.06.2024 - 08.09.2024

Timing

02.09.2024 - 31.10.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Faculty of Business

Teaching languages
  • Svenska
Teachers
  • Linda Jönn
Groups
  • ÖH23FEK-FLEX
    Öppna YH, Flexibelt till tradenom
  • INF23F-Å
    Tradenom (YH), informationsbehandling, 2023

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

Period 1

Materials

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

Teaching methods

Lectures, exercises and assignments

Evaluation scale

H-5

Assessment methods and criteria

The assessment is based on the exam

Assessment criteria, fail (0)

The criteria for grades 1-2 are not met.

Assessment criteria, satisfactory (1-2)

The student is able to recognize and understand the essential theories, principles and methods regarding:
Compound interest
Solve problems about periodic payments
Investment calculations

Assessment criteria, good (3-4)

The student is able to utilize essential concepts in single situations and assignments and understand the theories on which the assignments are based regarding:
Compound interest
Solve problems about periodic payments
Investment calculations

Assessment criteria, excellent (5)

The student is able to utilize theories, concepts and methods consistently in various situations regarding:
Compound interest
Solve problems about periodic payments
Investment calculations

Qualifications

none

Enrollment

15.06.2023 - 01.10.2023

Timing

25.09.2023 - 17.12.2023

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Faculty of Business

Teaching languages
  • Svenska
Degree programmes
  • Degree Programme in Business Administration
Teachers
  • Linda Jönn
Teacher in charge

Linda Jönn

Groups
  • FEK23D-V
    Tradenom (YH), h23, dagstudier, Vasa

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

Period 1 & 2

Materials

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

Teaching methods

Lectures, exercises and assignments

Evaluation scale

H-5

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)

The student is able to recognize and understand the essential theories, principles and methods regarding:
Compound interest
Solve problems about periodic payments
Investment calculations

Assessment criteria, good (3-4)

The student is able to utilize essential concepts in single situations and assignments and understand the theories on which the assignments are based regarding:
Compound interest
Solve problems about periodic payments
Investment calculations

Assessment criteria, excellent (5)

The student is able to utilize theories, concepts and methods consistently in various situations regarding:
Compound interest
Solve problems about periodic payments
Investment calculations

Qualifications

none

Enrollment

01.12.2022 - 08.01.2023

Timing

09.01.2023 - 30.04.2023

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Faculty of Business

Teaching languages
  • Svenska
Degree programmes
  • Degree Programme in Business Administration
Teachers
  • Ludvig Kihlman
Teacher in charge

Katarina Sandström

Groups
  • FEK22D-Å
    Tradenom (YH), h22, dagstudier, Åbo

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

Qualifications

none