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Business Math Foundation Course

The document outlines the objectives and content of a foundation course in business mathematics. The course aims to equip students with broad mathematical knowledge and skills that can be applied to business problems. It will cover basic mathematical concepts like arithmetic operations, percentages, ratios, and interest calculation. More advanced topics will include sequences, series, matrices, permutations, combinations, differentiation, and integration - and how they relate to developing and interpreting business models. The course will also focus on using computer applications to solve business math problems.

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Pushpendri Verma
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443 views2 pages

Business Math Foundation Course

The document outlines the objectives and content of a foundation course in business mathematics. The course aims to equip students with broad mathematical knowledge and skills that can be applied to business problems. It will cover basic mathematical concepts like arithmetic operations, percentages, ratios, and interest calculation. More advanced topics will include sequences, series, matrices, permutations, combinations, differentiation, and integration - and how they relate to developing and interpreting business models. The course will also focus on using computer applications to solve business math problems.

Uploaded by

Pushpendri Verma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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FOUNDATION COURSE-BUSINESS MATHEMATICS

Course aims at equipping student with a broad based knowledge of mathematics with emphasis on
business applications. It is designed in such a way that a student who have basic knowledge of
mathematics can apply it for its business purposes.

Objective the course:

1. To understand and apply basic mathematical operations.


2. To understand the concepts of sequences & series applying these for solving business
problems.
3. To understand the concepts of matrices & their operations to solve business problems.
4. To understand the concept and application of Permutations & Combinations in business.
5. To know the concepts of differentiation & integration to develop & interpret business model.
6. Developing skills for using computer based application for solving business related mathematical
problem.

We will start with assuming that students do not have any prior knowledge of mathematics or have very
basic idea about it. We might be covering some basics of mathematics in next few session so that each
and every student become comfortable with basics of mathematics. Following basic concepts will be
covered in next few session

Mathematical preliminaries:
 Basic Arithmetic operations
 Fractions-Adding, Multiplying and Dividing
 Calculating percentages, Ratio,
 Power and roots
 Simple and Compound Interest
 Using electronic calculator for calculation

Recommended Books

 G. R. Veena –Comprehensive Business Mathematics, New Age International


 Andre Francis- Business Mathematics and Statistics, Cengage Learning 6th Edition
 Trivedi, ((2010)), Business Mathematics, 1 edition, Pearson Education.
 D.C. Sanchethi and V.K. Kapoor, Business Mathematics.
 V.K. Kapoor, Problems and Solutions in business Mathematics
 B.M. Aggarwal, Business Mathematics
 D.C. Sanchethi & B.M. Aggarwal, Business Mathematics.
 Sivayya & Sathya Rao, An introduction to Business Mathematics
 S.L. Aggarwal, Business Mathematics and Statistics.
 K.V. Narayana & Dr. M.K. Purushotham, Business Mathematics
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Tarroyaman, Mathematics for economics.

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