Year
Year 1
Semester
First Semester
Credit
3
Program Description
Application of algebraic and statistical techniques to solve common business and financial calculation problems.
About this course
FINA 1580 Business Mathematics introduces the mathematical tools used in finance and accounting. You will learn to apply algebraic and statistical techniques to solve common business and financial calculation problems. The course covers the time value of money, annuities, loan amortization, and basic statistical analysis relevant to financial decision-making.
Who takes this course
This course is part of the curriculum for Bachelor of Applied Business — Accounting.
Credits: 3 · Hours: 45
Prerequisites
None
Learning outcomes
- Apply algebraic formulas to calculate simple and compound interest.
- Compute present and future values for annuities and cash flow streams.
- Use statistical methods to analyze financial data sets and trends.
- Calculate loan amortizations and evaluate investment options.
Evaluation
| Component | Weight (%) |
| Midterm exam | 30 |
| Final exam | 40 |
| Assignments | 20 |
| Quizzes | 10 |