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Virtual Course on Business Mathematics

Virtual Course on Business Mathematics

Code: MAT8HH002
 Extent: 3 ECTS (81h)
 Language: English
 Level: Basic studies
 Type: Compulsory, see the substitutives in different study programmes


No prereguisites. Students need to be familiar with solving equations and basic percentage calculations.

Learning outcomes

Upon successful completion of the course, the student knows how to use correct and efficient mathematical methods when analysing basic business related problems.
At the course end the student will be able to use general recurrent mathematical methods needed in business, calculate and evaluate the effects of currency fluctuations and conduct simple and compound interest calculations.

Course contents

  • Basics of percentage calculations
  • Value added tax calculations
  • Indexes
  • Currency calculations
  • Simple interest calculations
  • Compound interest calculations

Cooperation with the business community

The course contains business-based examples.

Teaching and learning methods

The course will be held as a virtual course except for the exam. Students need to familiarize themselves with the course materials available in Moodle, the course book and any possible material given during the course. The student also should participate on the discussion in Moodle, work on the independent exercises available in Moodle and return the weekly homework exercises according to the course schedule.

Accreditation of prior learning

Accreditation of prior learning is observed on the course according to separate instructions.

Teachers with the main responsibility for the course

Jutta Heikkilä
Juha Nurmonen

Course materials

Heikkilä, J. Autumn 2012. Business Mathematics, Part 1. Ganita Ky. (Available in HBC Services in Pasila campus)
Material on Moodle e-learning platform

Assessment criteria

  • Examination 80 %
  • Homework 20 %