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Basis of Education Competence Standards Structure of Studies Development of Expertise Methods and implementation Course Table

LI19SP Bachelor Degree Programme in International Business

Course Description

Code4 LIA6150
NameBusiness Mathematics
Credits5 ects
ObjectivesThe student can use mathematics in solving problems on percentage, simple interest, and compound interest. The student can use basic statistical measures in practical applications. The student can use Excel in problem solving.
ContentRevision of percentage calculation. Calculations concerning value-added tax and personal taxation. Cost and revenue function. Basics of contribution margin calculation and pricing. Indices and the value of money. Simple and compound interest including applications. Basics on numerical measures of numerical data. Basics of correlation and regression. Basics of investment calculations. Use of Excel in aplications.
RequirementsWeekly exercises and exams (two midterm exams or final exam).
Grading Scale0 - 5
Course materialPulkkinen, P., Holopainen, M. & Keinänen, K. 2011. Business mathematics (The 3rd edition of Business Mathematics published by CS Care & Share, Kuopio, in 2011, translation of the 4-7th revised edition of Talous- ja rahoitusmatematiikka written by Pekka Pulkkinen and Martti Holopainen and published by WSOY pro Oy, Helsinki, in 2010. Kuopio: CS Care & Share. Lecture notes.
PrerequisitesBusiness IT
Other Considerations
Muuruvirta Petteri

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We reserve the right to make changes to the curriculum due to the need to update the content being studied.

Savonia UAS

Savonia is one of Finland's biggest and most versatile universities of applied sciences. Our campuses are situated in Kuopio, Iisalmi and Varkaus. There are almost 6000 students and 600 employees at Savonia. In education we implement Open Innovation Space (OIS), where we combine learning, development, research, and teaching.