Business Math

business math

This course introduces students to the mathematical concepts and applications necessary for successful business careers.

COURSE CODE:
ABM-005
UNITS:
1

This course applies students’ interpretation of basic mathematical concepts to common business usage covering such topics as percentages, interest, trade, bank and cash discounts, payroll, time value of money, and business loans.

The students will be able to apply their basic mathematics including addition, subtraction, multiplication, division, decimals, fractions, and percentages to solve business application problems; reconcile and analyze various banking statements and services; solve a variety of interest formulas and calculate payroll; utilize correctly the mathematics of buying and selling; utilize calculations to analyze investments, business and consumer loans, and charge accounts; and apply business statistics where applicable; and accurately translate descriptive problems into mathematical formulas and solve them [Quantitative Literacy].