Master Syllabus BA1303, Business Mathematics

Credits 3 Lab Hours 0 Lecture Hours 3 Clinical Hours 0
Course Description

Basic principle of mathematics are reviewed throughout the course and then these principles are applied to the practical problems in business which includes subjects such as checking accounts, interest, financial statements, retailing math, inventory, depreciation, stocks and bonds, taxes, and statistics. For each unit of credit, a minimum of three hours per week with one of the hours for class and two hours for studying/preparation outside of class is expected.

For each unit of credit, a minimum of three hours per week with one of the hours for class and two hours for studying/preparation outside of class is expected.

Program and/or Department Mission Statement

Prepare students to obtain a job in mid-management or marketing position, possessing the skills to make them successful employees and employers.

SCCC Outcomes

Outcome #1: Read with comprehension, be critical of what they read, and apply knowledge gained from their reading to broader issues of the day.

Outcome #2: Communicate ideas clearly and proficiently in writing, appropriately adjusting content and arrangement for varying audiences, purposes, and situations.

Outcome #3: Communicate their ideas clearly and proficiently in speaking, appropriately adjusting content and arrangement for varying audiences, purposes, and situations

Outcome #5: Demonstrate the ability to think critically by gathering facts, generating insights, analyzing data, and evaluating information.

Outcome #6: Exhibit skills in information and technological literacy.

Outcome #8: Show the ability to contribute to political, civic, and community responsibilities as an informed member of society

Course Outcomes

Analyze income tax information and apply this information to help interpret taxes.

Apply business math principles to common, everyday math situations.

Evaluate sales taxes using rate tables and percents.

Synthesis management practices as they calculate sales commissions and gross pay.

Interpret the due date on a promissory note.

Evaluate how to amortize a loan.

Interpret and compute auto insurance premium rates.

Apply coinsurance on property loans.

Course Outline
  1. Fundamental Review
  2. Decimals and Fractions
  3. Accounting Applications
  4. Percentage
  5. Credit and Interest
  6. Business and Personal Insurance
  7. Inventory and Turnover
  8. Business Depreciation
  9. Business Financial Statements
  10. Corporate Stocks
  11. Corporate and Government Bonds
  12. International Business
  13. Compound Interest and Present Value
  14. Annuities
  15. Business Statistics
  16. Business Applications of Equations
  17. Math in Employment Tests
Instructional Methods

Combination of group instructions and independent study

Problem-solving demonstrations

Section tests

Instructional Resources and Materials

Textbook

Calculator

Whiteboard

Overhead projector

Methods of Assessment

Assessment of SCCC Outcomes1, 2, 3, 4, 5, 6, & 8 will be by the following:

Exams (50% of grade)

Assigned work (45% of grade)

Workplace skills (5% of grade)

Americans with Disabilities Act (ADA) Statement

Under the Americans with Disabilities Act, Seward County Community College will make reasonable accommodations for students with documented disabilities. If you need support or assistance because of a disability, you may be eligible for academic accommodations. Students should identify themselves to the Mental Health Counselor at 620-417-1106 or go to the Student Success Center in the Hobble Academic building, room A149.