# MATH06057 2016 Business Mathematics 1

### General Details

Full Title
Transcript Title
Bus Maths 1
Code
MATH06057
Attendance
N/A %
Subject Area
MATH - Mathematics
Department
Level
06 - NFQ Level 6
Credit
05 - 05 Credits
Duration
Semester
Fee
Start Term
2016 - Full Academic Year 2016-17
End Term
9999 - The End of Time
Author(s)
Cillian OMurchu, Aiden Bell
Programme Membership
Description

This module aims to equip the student with a range of fundemental skills in Business Mathematics

### Learning Outcomes

On completion of this module the learner will/should be able to;

1.

Demonstrate competence in numerical operations and algebraic manipulation

2.

Perform calculations in financial mathematics

3.

Organise data in tabular or graphical form

4.

Summarise and analyse statistical data

### Indicative Syllabus

1.  Basic Mathematics

• Perform arithmetic operations using fractions
• Perform calculations using percentages and ratios
• Apply the laws of indices to expressions involving indices
• Apply the rules of precedence in evaluating expressions
• Use an electronic calculator
• Simplify mathematical expressions and transpose formulae
• Solve linear, quadratic and cubic equations and know how to plot their graphs
• Use exponential and logarithmic functions

2.  Financial Mathematics

• Calculate simple and compound interest
• Analyse investments using NPV and IRR
• Calculate periodic debt/mortgage repayments
• Make out an amortization schedule

3.  Data Presentation

• Primary and secondary data
• Tabulation of data
• Use various methods of representing data in graphical form

4.  Data Summarisation

• Calculate mean, median and mode
• Calculate the range, interquartile range and standard deviation

### Coursework & Assessment Breakdown

Coursework & Continuous Assessment
30 %
End of Semester / Year Formal Exam
70 %

### Coursework Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Continuous Assessment Inclass examination Continuous Assessment UNKNOWN 30 % Week 7 1

### End of Semester / Year Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Final Exam Final Exam 2 hour written paper Final Exam UNKNOWN 70 % End of Term 1,2,3,4

Type Location Description Hours Frequency Avg Workload
Lecture Lecture Theatre Theory 3 Weekly 3.00
Tutorial Flat Classroom In class solving mathematical problems 1 Weekly 1.00
Independent Learning UNKNOWN Self Study 3 Weekly 3.00
Total Full Time Average Weekly Learner Contact Time 4.00 Hours

### Module Resources

Non ISBN Literary Resources
• Quantitative Methods for Business Decisions   Curwin & Slater  Year 2011
• Foundation Mathematics   Mustoe & Barry  Year 2011
• Quantitative Techniques   Lucy   Year 2011
• Essential Business Statistics   Smailes & McGrane Year 2011
Other Resources
• Electronic Calculator
• Statistical Tables