Business Mathematics MAT112

Welcome to the MAT112 BUsiness Mathematics Courseweb. I hope you enjoy it!

Course Information

Course Learning Outcomes

At the end of the course, students should be able to:

1. Express basic algebraic concepts in solving business application problems. ( C2 )

2. Solve mathematical problems encountered in banking and finance, trading and retailing, and accounting. ( C3 )

3. Determine mathematical concepts to solve mathematical problems in banking and finance, trading and retailing, and accounting. ( C4 )

4. Relate business mathematics applications to their respective field. ( A4 )

Course Description

The course is primarily designed to develop the mathematical knowledge needed by the students to meet the demands of business operation. It is to provide a solid coverage of the most basic and frequently occurring business situations.

Syllabus Content

1. Fundamental Concepts of Mathematics
   1.1 Review on Algebra:
   1.2 Sequence

2. Mathematical Applications in Banking and Finance
   2.1 Simple Interest
   2.2 Bank Discount and Promissory Notes
   2.3 Compound Interest
   2.4 Annuity

3. Mathematical Applications In trading and retailing
   3.1 Trade and cash discounts
   3.2 Mark up and Mark Down
   3.3 Instalment Purchase

4. Mathematical Applications In Accounting
   4.1 Depreciation

Teaching Methodologies

• Lectures
  
• Tutorial

Proposed % Marks Approved by KPP

Question Difficulty	Levels Range
C1 - C2	30 - 45
C3 - C4	45 - 65
C5 - C6	10 - 25

Assessment

Continuous Assessment:

 

40.00%
Assignment - 4% out of 100 on Week 13. Passing Mark(s): 4
Individual Assignment
CLO: 4

Quiz - 2% out of 100 on Week 3. Passing Mark(s): 2
Quiz 1
CLO: 1

Quiz - 2% out of 100 on Week 7. Passing Mark(s): 2
Quiz 2
CLO: 2

Quiz - 2% out of 100 on Week 11. Passing Mark(s): 2
Quiz 3
CLO: 3

Test - 15% out of 100 on Week 9. Passing Mark(s): 15
Test 1
CLO: 2

Test - 15% out of 100 on Week 14. Passing Mark(s): 15
Test 2
CLO: 3

Final Assessment:

 

60.00%
Final Examination - 60% out of 100 on End of Semester. Passing Mark(s): 30
Final Examination (All Chapters)
CLO: 1, 2, 3
Duration : 180 minutes

Transferable Skills

Demonstrate maturity of thoughts when responding to multiple inputs and contexts.

Recommended Text

1. Lau Too Kya,Phang Yook Ngor and Wee Kok Kiang, Business Mathematics for UiTM, 5th edition, Oxford Fajar Sdn Bhd, 2015, ISBN: n/a

References

1. Paul Lau Ngee Kiong, Business Mathematics, 1st, UiTM Press, 2013, ISBN: n/a
   
2. Gary Clendenen,Stanley A. Salzman, Business Mathematics, 13th, Pearson College Division, 2014, ISBN: n/a
   
3. James Deitz,James Southam, Contemporary Business Mathematics for Colleges, 16th, Cengage Learning, 2012, ISBN: n/a
   
4. Eugene Don, Joel Lerner, Schaum’s Outline of Basic Mathematics, 2nd, McGraw-Hill, 2009, ISBN: n/a
   
5. Zin Ibrahim, Daud Mohamad, Business Mathematics, 1st, McGraw-Hill, 2008, ISBN: n/a
   
6. Robert Brechner, and George Bergeman,, Contemporary Mathematics for Business and Contemporary Mathematics for Business and Consumers, 7th edition, Cengage Learning, 2015, ISBN: n/a

Other References

This module does not have other references

Support Materials

Past Semester Exam Papers	Answer Scheme
June 2019	Answer Scheme June 2019
Dec 2018	Answer Scheme Dec 2018
Jan 2018	Answer Scheme Jan 2018

Past Test Paper With Answers
Test 2 Dec 2019
Test 1 Nov 2019

Workshops Questions With Answers
Nov 2019 Session 1 Answers

Nov 2019 Session 2 Answers