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Business Mathematics and Statistics (3 cr)

Code: KC00CK11-3015

General information


Enrollment
04.08.2025 - 31.05.2026
Registration for introductions has not started yet. Registration starts :startDate
Timing
01.09.2025 - 31.08.2026
The implementation has not yet started.
Number of ECTS credits allocated
3 cr
Local portion
0 cr
Virtual portion
3 cr
Mode of delivery
Distance learning
Teaching languages
Finnish
Seats
0 - 100
Teachers
Heikki Kokkonen
Teacher in charge
Heikki Kokkonen
Scheduling groups
Avoin AMK (Ei koske tutkinto-opiskelijaa) (Size: 50 . Open UAS : 50.)
Small groups
Open UAS (Doesn't apply to degree student)
Course
KC00CK11

Evaluation scale

1-5

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Materials

All learning material is in the moodle.

Teaching methods

Independent study in the moodle with good material.

Exam schedules

Exam dates are in the moodle.

Student workload

Completing the course requires approximately 80 hours of independent study.

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Further information

The course's Moodle contains versatile and clear material for independent study. The course material covers clear videos and lecture slides on each topic. There are many practice tasks and there is a model solution for each task. You can check your own competence after studying each of the six themes with competence tests, which also accumulate the points needed for the evaluation.

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