Business MathematicsLaajuus (4 cr)
Code: IB00CX49
Objective
A student is able to calculate by index numbers the changes of prices and general economic activity. The student can construct the real changes of wages and prices. He or she can determine interest, principal, interest rate and interest time in various cases. The student has ability to calculate interest calculations in different situations. The student can determine the future value and the present value of periodic payments. He or she is able to calculate the equal payment of an annuity loan. The student can draw up an instalment payment scheme for different loans. The present value method and the annuity principle can be used in investments by the student.
Content
Taxes, index numbers, foreign currencies, simple interest, compound interest, periodic payments, loans and investments
Qualifications
Basic mathematical knowledge and skills in secondary level education.
Assessment criteria, satisfactory (1)
Satisfactory (1 and 2)
The student is able to calculate satisfactorily and knows the basics and basic concepts of financial mathematics.
Assessment criteria, good (3)
Good (3 and 4)
The student is able to calculate well and knows well the basics and basic concepts of financial mathematics. He/she is able to supply the methdods of financial mathematics in different situations.
Assessment criteria, excellent (5)
Excellent (5)
The student is able to calculate and knows the basics and basic concepts of financial mathematics very well. He/she is able to apply the methdods of financial mathematics in different situations very well.
Materials
Material provided by the teacher
Enrollment
11.11.2024 - 15.01.2025
Timing
17.02.2025 - 25.05.2025
Credits
4 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Leo Sippola
Student groups
-
IB24ABachelor of Business Administration, International Business
Objective
A student is able to calculate by index numbers the changes of prices and general economic activity. The student can construct the real changes of wages and prices. He or she can determine interest, principal, interest rate and interest time in various cases. The student has ability to calculate interest calculations in different situations. The student can determine the future value and the present value of periodic payments. He or she is able to calculate the equal payment of an annuity loan. The student can draw up an instalment payment scheme for different loans. The present value method and the annuity principle can be used in investments by the student.
Content
Taxes, index numbers, foreign currencies, simple interest, compound interest, periodic payments, loans and investments
Materials
There are materials of a teacher in Moodle.
Teaching methods
Lessons and exercises (calculations). First new things and theory and then practise.
Student workload
The lessons and exercises take about 50 hours and a student's own studies take about 50 - 70 hours.
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
Satisfactory (1 and 2)
The student is able to calculate satisfactorily and knows the basics and basic concepts of financial mathematics.
Assessment criteria, good (3)
Good (3 and 4)
The student is able to calculate well and knows well the basics and basic concepts of financial mathematics. He/she is able to supply the methdods of financial mathematics in different situations.
Assessment criteria, excellent (5)
Excellent (5)
The student is able to calculate and knows the basics and basic concepts of financial mathematics very well. He/she is able to apply the methdods of financial mathematics in different situations very well.
Assessment methods and criteria
Usually there is one exam and the grade is formed by it.
Qualifications
Basic mathematical knowledge and skills in secondary level education.
Enrollment
11.11.2024 - 15.01.2025
Timing
17.02.2025 - 25.05.2025
Credits
4 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Leo Sippola
Student groups
-
IB24BBachelor of Business Administration, International Business
Objective
A student is able to calculate by index numbers the changes of prices and general economic activity. The student can construct the real changes of wages and prices. He or she can determine interest, principal, interest rate and interest time in various cases. The student has ability to calculate interest calculations in different situations. The student can determine the future value and the present value of periodic payments. He or she is able to calculate the equal payment of an annuity loan. The student can draw up an instalment payment scheme for different loans. The present value method and the annuity principle can be used in investments by the student.
Content
Taxes, index numbers, foreign currencies, simple interest, compound interest, periodic payments, loans and investments
Materials
There are materials of a teacher in Moodle.
Teaching methods
Lessons and exercises (calculations). First new things and theory and then practise.
Student workload
The lessons and exercises take about 50 hours and a student's own studies take about 50 - 70 hours.
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
Satisfactory (1 and 2)
The student is able to calculate satisfactorily and knows the basics and basic concepts of financial mathematics.
Assessment criteria, good (3)
Good (3 and 4)
The student is able to calculate well and knows well the basics and basic concepts of financial mathematics. He/she is able to supply the methdods of financial mathematics in different situations.
Assessment criteria, excellent (5)
Excellent (5)
The student is able to calculate and knows the basics and basic concepts of financial mathematics very well. He/she is able to apply the methdods of financial mathematics in different situations very well.
Assessment methods and criteria
Usually there is one exam and the grade is formed by it.
Qualifications
Basic mathematical knowledge and skills in secondary level education.
Enrollment
04.09.2023 - 11.09.2023
Timing
02.10.2023 - 17.12.2023
Credits
4 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Leo Sippola
Student groups
-
IB23ABachelor of Business Administration, International Business
Objective
A student is able to calculate by index numbers the changes of prices and general economic activity. The student can construct the real changes of wages and prices. He or she can determine interest, principal, interest rate and interest time in various cases. The student has ability to calculate interest calculations in different situations. The student can determine the future value and the present value of periodic payments. He or she is able to calculate the equal payment of an annuity loan. The student can draw up an instalment payment scheme for different loans. The present value method and the annuity principle can be used in investments by the student.
Content
Taxes, index numbers, foreign currencies, simple interest, compound interest, periodic payments, loans and investments
Materials
There are materials of a teacher in Moodle.
Teaching methods
Lessons and exercises (calculations). First new things and theory and then practise.
Student workload
The lessons and exercises take about 50 hours and a student's own studies take about 50 - 70 hours.
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
Satisfactory (1 and 2)
The student is able to calculate satisfactorily and knows the basics and basic concepts of financial mathematics.
Assessment criteria, good (3)
Good (3 and 4)
The student is able to calculate well and knows well the basics and basic concepts of financial mathematics. He/she is able to supply the methdods of financial mathematics in different situations.
Assessment criteria, excellent (5)
Excellent (5)
The student is able to calculate and knows the basics and basic concepts of financial mathematics very well. He/she is able to apply the methdods of financial mathematics in different situations very well.
Assessment methods and criteria
Usually there is one exam and the grade is formed by it.
Qualifications
Basic mathematical knowledge and skills in secondary level education.
Enrollment
04.09.2023 - 11.09.2023
Timing
02.10.2023 - 17.12.2023
Credits
4 op
Virtual proportion (cr)
4 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Leo Sippola
Student groups
-
IB23BBachelor of Business Administration, International Business
Objective
A student is able to calculate by index numbers the changes of prices and general economic activity. The student can construct the real changes of wages and prices. He or she can determine interest, principal, interest rate and interest time in various cases. The student has ability to calculate interest calculations in different situations. The student can determine the future value and the present value of periodic payments. He or she is able to calculate the equal payment of an annuity loan. The student can draw up an instalment payment scheme for different loans. The present value method and the annuity principle can be used in investments by the student.
Content
Taxes, index numbers, foreign currencies, simple interest, compound interest, periodic payments, loans and investments
Materials
There are materials of a teacher in Moodle.
Teaching methods
LESSONS in TEAMS. Lessons and exercises (calculations). First new things and theory and then practise.
Student workload
The lessons and exercises take about 50 hours and a student's own studies take about 50 - 70 hours.
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
Satisfactory (1 and 2)
The student is able to calculate satisfactorily and knows the basics and basic concepts of financial mathematics.
Assessment criteria, good (3)
Good (3 and 4)
The student is able to calculate well and knows well the basics and basic concepts of financial mathematics. He/she is able to supply the methdods of financial mathematics in different situations.
Assessment criteria, excellent (5)
Excellent (5)
The student is able to calculate and knows the basics and basic concepts of financial mathematics very well. He/she is able to apply the methdods of financial mathematics in different situations very well.
Assessment methods and criteria
Usually there is one exam and the grade is formed by it.
Assessment criteria, satisfactory (1)
A student's has right calculations / solving less than 30 % in a exam.
Assessment criteria, good (3)
A student's has right calculations / solving between 30 - 59 % in a exam.
Assessment criteria, excellent (5)
A student's has right calculations / solving between 60 - 80 % in a exam.
Assessment criteria, approved/failed
A student's has right calculations / solving between 81 - 100 % in a exam.
Qualifications
Basic mathematical knowledge and skills in secondary level education.
Enrollment
14.11.2022 - 15.01.2023
Timing
09.01.2023 - 31.05.2023
Credits
4 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Leo Sippola
Student groups
-
IB22A
Objective
A student is able to calculate by index numbers the changes of prices and general economic activity. The student can construct the real changes of wages and prices. He or she can determine interest, principal, interest rate and interest time in various cases. The student has ability to calculate interest calculations in different situations. The student can determine the future value and the present value of periodic payments. He or she is able to calculate the equal payment of an annuity loan. The student can draw up an instalment payment scheme for different loans. The present value method and the annuity principle can be used in investments by the student.
Content
Taxes, index numbers, foreign currencies, simple interest, compound interest, periodic payments, loans and investments
Materials
There are materials of a teacher in Moodle.
Teaching methods
Lessons and exercises (calculations). First new things and theory and then practise.
Student workload
The lessons and exercises take about 50 - 60 hours and a student's own studies take about 50 - 70 hours.
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
Satisfactory (1 and 2)
The student is able to calculate satisfactorily and knows the basics and basic concepts of financial mathematics.
Assessment criteria, good (3)
Good (3 and 4)
The student is able to calculate well and knows well the basics and basic concepts of financial mathematics. He/she is able to supply the methdods of financial mathematics in different situations.
Assessment criteria, excellent (5)
Excellent (5)
The student is able to calculate and knows the basics and basic concepts of financial mathematics very well. He/she is able to apply the methdods of financial mathematics in different situations very well.
Assessment methods and criteria
Usually there is one exam and the grade is formed by it.
Qualifications
Basic mathematical knowledge and skills in secondary level education.
Enrollment
14.11.2022 - 15.01.2023
Timing
09.01.2023 - 31.05.2023
Credits
4 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Leo Sippola
Student groups
-
IB22C
Objective
A student is able to calculate by index numbers the changes of prices and general economic activity. The student can construct the real changes of wages and prices. He or she can determine interest, principal, interest rate and interest time in various cases. The student has ability to calculate interest calculations in different situations. The student can determine the future value and the present value of periodic payments. He or she is able to calculate the equal payment of an annuity loan. The student can draw up an instalment payment scheme for different loans. The present value method and the annuity principle can be used in investments by the student.
Content
Taxes, index numbers, foreign currencies, simple interest, compound interest, periodic payments, loans and investments
Materials
There are materials of a teacher in Moodle.
Teaching methods
Lessons and exercises (calculations). First new things and theory and then practise.
Student workload
The lessons and exercises take about 50 - 60 hours and a student's own studies take about 50 - 70 hours.
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
Satisfactory (1 and 2)
The student is able to calculate satisfactorily and knows the basics and basic concepts of financial mathematics.
Assessment criteria, good (3)
Good (3 and 4)
The student is able to calculate well and knows well the basics and basic concepts of financial mathematics. He/she is able to supply the methdods of financial mathematics in different situations.
Assessment criteria, excellent (5)
Excellent (5)
The student is able to calculate and knows the basics and basic concepts of financial mathematics very well. He/she is able to apply the methdods of financial mathematics in different situations very well.
Assessment methods and criteria
Usually there is one exam and the grade is formed by it.
Qualifications
Basic mathematical knowledge and skills in secondary level education.
Enrollment
14.11.2022 - 15.01.2023
Timing
09.01.2023 - 31.05.2023
Credits
4 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Leo Sippola
Student groups
-
IB22B
Objective
A student is able to calculate by index numbers the changes of prices and general economic activity. The student can construct the real changes of wages and prices. He or she can determine interest, principal, interest rate and interest time in various cases. The student has ability to calculate interest calculations in different situations. The student can determine the future value and the present value of periodic payments. He or she is able to calculate the equal payment of an annuity loan. The student can draw up an instalment payment scheme for different loans. The present value method and the annuity principle can be used in investments by the student.
Content
Taxes, index numbers, foreign currencies, simple interest, compound interest, periodic payments, loans and investments
Materials
There are materials of a teacher in Moodle.
Teaching methods
Lessons and exercises (calculations). First new things and theory and then practise.
Student workload
The lessons and exercises take about 50 - 60 hours and a student's own studies take about 50 - 70 hours.
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
Satisfactory (1 and 2)
The student is able to calculate satisfactorily and knows the basics and basic concepts of financial mathematics.
Assessment criteria, good (3)
Good (3 and 4)
The student is able to calculate well and knows well the basics and basic concepts of financial mathematics. He/she is able to supply the methdods of financial mathematics in different situations.
Assessment criteria, excellent (5)
Excellent (5)
The student is able to calculate and knows the basics and basic concepts of financial mathematics very well. He/she is able to apply the methdods of financial mathematics in different situations very well.
Assessment methods and criteria
Usually there is one exam and the grade is formed by it.
Qualifications
Basic mathematical knowledge and skills in secondary level education.
Enrollment
15.10.2021 - 31.01.2022
Timing
07.03.2022 - 25.05.2022
Credits
4 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Leo Sippola
Student groups
-
IB21
Objective
A student is able to calculate by index numbers the changes of prices and general economic activity. The student can construct the real changes of wages and prices. He or she can determine interest, principal, interest rate and interest time in various cases. The student has ability to calculate interest calculations in different situations. The student can determine the future value and the present value of periodic payments. He or she is able to calculate the equal payment of an annuity loan. The student can draw up an instalment payment scheme for different loans. The present value method and the annuity principle can be used in investments by the student.
Content
Taxes, index numbers, foreign currencies, simple interest, compound interest, periodic payments, loans and investments
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
Satisfactory (1 and 2)
The student is able to calculate satisfactorily and knows the basics and basic concepts of financial mathematics.
Assessment criteria, good (3)
Good (3 and 4)
The student is able to calculate well and knows well the basics and basic concepts of financial mathematics. He/she is able to supply the methdods of financial mathematics in different situations.
Assessment criteria, excellent (5)
Excellent (5)
The student is able to calculate and knows the basics and basic concepts of financial mathematics very well. He/she is able to apply the methdods of financial mathematics in different situations very well.
Qualifications
Basic mathematical knowledge and skills in secondary level education.