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Course Info

  • BUSINESS MATHEMATICS

BUSINESS MATHEMATICS

About this Course

Welcome to the MOOC of Business Mathematics! The course is designed primarily to develop the mathematical knowledge needed by the students to meet the demands of business operation. It is to provide substantial coverage of the most basic and frequently occurring business situations. You will experience the era of virtual learning via Open and Distance Learning mode. You will have access to interactive and fun teaching materials as well as additional learning materials for external references in this MOOC. To start the learning session, you need to read the introduction of every topic, then read the notes provided. Next, you should try out the interactive activities to further enhance your understanding. Then, self-assessment can be performed by doing the quizzes given. The expected time commitment allocated for you to complete this MOOC is 4 hours per week for 14 weeks. The pre-requisite knowledge and skills required in this course are a good grasp in Mathematics and English subjects. This is because with a solid foundation of Mathematics allows you to manage the learning session well. Fair use of English also will enable you to understand the notes and exercises given. The interactive interface of the activities displayed is user friendly, making it easier for learners to use. Reference materials are also listed below to make it easier for students to refer to them. Have fun in learning Business Mathematics! Enjoy! Reading List : Lau Too Kya, Phang Yook Ngor and Wee Kok Kiang 2019, Business Mathematics for UiTM, 6th edition Ed., Oxford Fajar Sdn Bhd [ISBN : 9789834729] James E. Deitz, James L Southam 2016,Contemporary Business Mathematics for Colleges, 17th Ed., Cengage Learning [ISBN : 1305506685] Jeffrey Slater, Sharon M. Wittry 2018,Math for Business and Finance : An Algebraic Approach, 2nd Ed., Mc-Graw Hill Education [ISBN : 1260092518] Gary Clendenen, Stanley A. Salzman 2019, Business Mathematics,14th Ed., Pearson [ISBN : 9780134697]

Course Syllabus

Syllabus Info
Fundamental Concepts of Mathematics
1.1 Review on Algebra
1.2 Sequence

Mathematical Applications in Banking and Finance
2.1 Simple Interest
2.2 Bank Discount and Promissory Notes
2.3 Compound Interest
2.4 Annuity

Mathematical Applications In Trading and Retailing
3.1 Trade and cash discounts
3.2 Mark up and Mark Down
3.3 Instalment Purchase


Mathematical Applications In Accounting
4.1 Depreciation

Frequently Asked Questions

Course FAQ
Q1 : What are the mathematical applications in banking and finance?
A1 : Simple Interest, Bank Discount, Promissory Notes, Compound Interest and Annuity

Q2 : What are the mathematical applications in trading and retailing?
A2 : Trade and cash discounts, Mark up and Mark Down and Instalment Purchase

Q3 : What are the mathematical applications In accounting?
A3 : Depreciation