Study Guide
Study Guide
#savoniaUAS
Curricula starting in 2022 and earlier
Savonia's new Study Guide (curriculum starting in 2023 and after) can be found here.
Basis of Education | Competence Standards | Structure of Studies | Development of Expertise | Methods and implementation | Course Table |
Course Description
Code | 4 LIA6150 |
Name | Business Mathematics |
Credits | 5 ects |
Objectives | The student can use mathematics in solving problems on percentage, simple interest, and compound interest. The student can use basic statistical measures in practical applications. The student can use Excel in problem solving. |
Content | Revision of percentage calculation. Calculations concerning value-added tax and personal taxation. Cost and revenue function. Basics of contribution margin calculation and pricing. Indices and the value of money. Simple and compound interest including applications. Basics on numerical measures of numerical data. Basics of correlation and regression. Basics of investment calculations. Use of Excel in aplications. |
Requirements | Weekly exercises and exams (two midterm exams or final exam). |
Grading Scale | 0 - 5 |
Course material | Pulkkinen, P., Holopainen, M. & Keinänen, K. 2011. Business mathematics (The 3rd edition of Business Mathematics published by CS Care & Share, Kuopio, in 2011, translation of the 4-7th revised edition of Talous- ja rahoitusmatematiikka written by Pekka Pulkkinen and Martti Holopainen and published by WSOY pro Oy, Helsinki, in 2010. Kuopio: CS Care & Share. Lecture notes. |
Prerequisites | Business IT |
Other Considerations | |
Contact | Muuruvirta Petteri |
We reserve the right to make changes to the curriculum due to the need to update the content being studied.