Business Mathematics and Statistics (5cr)
Code: C-10065-LC00FX82-3005
General information
- Enrollment
- 04.05.2026 - 18.07.2027
- Registration for introductions has not started yet.
- Timing
- 01.08.2026 - 31.07.2027
- The implementation has not yet started.
- Number of ECTS credits allocated
- 5 cr
- Institution
- Metropolia University of Applied Sciences, Myllypurontie 1
- Teaching languages
- English
- Seats
- 0 - 100
- Course
- C-10065-LC00FX82
Unfortunately, no reservations were found for the realization Business Mathematics and Statistics C-10065-LC00FX82-3005. It's possible that the reservations have not yet been published or that the realization is intended to be completed independently.
Evaluation scale
0-5
Content scheduling
The exact weekly schedule is indicated at the beginning of the course.
Objective
The student
• knows basic mathematical and statistical analysis methods of business and is able to apply financial mathematics to solving basic business problems based on working life
• knows the main calculation methods related to finance and investment decisions
• is familiar with the basic concepts of statistical analysis
• is able to select suitable statistical methods and use them in describing the pre-collected statistical data.
Content
• Applications of percentages
• Indices and time value of money
• Interest and compound interest calculations
• Annuities, loans and their comparisons
• Basic concepts of statistical analysis and statistical measurement
• Distributions and descriptive measures
• Basic use of a spreadsheet program’s financial functions and basic features of a statistical software
Location and time
The course is carried out as distance learning. We will have a virtual classroom on-line at times marked in the schedule. Participation in weekly lessons is optional except for the first time.
Materials
Teacher materials in Moodle learning environment.
Teaching methods
The course is conducted in Moodle learning environment, where all course materials and problems are available from the start time. The course is implemented as a flipped classroom, where students first familiarize themselves with the weekly theme independently through lecture recordings and solving problems. After that, we have virtual lessons where you can get personal guidance, e.g. tips on how to solve problems. Participation in the first virtual lesson is desirable, since more detail about the nature of the subject and course practices will be told there.
There are no pre-knowledge requirements for the course.
Employer connections
N/A
Exam schedules
The exams in the mathematics and statistics sections are taken in the EXAM system. The dates of the exams and retakes will be announced later. The student can take the exam in both sections a maximum of three times (the actual exam and two retakes).
International connections
N/A
Completion alternatives
Alternative method of completion: Exams 100 points (Mathematics exam 60 points and Statistics exam 40 points).
Note: Both exams must be passed. A minimum of 50% of the maximum score is required to pass each exam (mathematics 30 points and statistics 20 points).
Student workload
A total of 135 hours, covering self-study, solving assignments, taking exams, and participating in optional virtual lessons.
Qualifications
The course materials do not support Mac users. Please note that the spreadsheet program used in the course must be installed on the computer, the online version is not enough.