Mathematics for Management

Brief description

Matrices, linear systems of equations, sequences, series, the limits of financial mathematical applications, functions with a variable, differentiation, integration, functions with several variables, introduction to descriptive statistics, basic concepts, averages, measures of dispersion, distribution, index numbers, correlation, linear regression

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Jacques, I (2013); Mathematics for Economics and Business; 7th Edition; Pearson Education Limited

Planned learning activities and teaching methods

Lecture and discussion of exercises (examples) to apply mathematics concepts

Assessment methods and criteria

Continuous assessment, individual and group exercises, 30%
Final exam 70%

Prerequisites and co-requisites

none

Infos

Degree programme

European Economy and Business Management (English)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

English

Curriculum

Full-Time

Academic year

2023

Semester

1 WS

Incoming

No

Learning outcome

After successful completion of the course, students can explain basic mathematic methods of financial mathematics and linear algebra; they can also apply these methods to problems in business sciences. Furthermore, students can apply basic analytical methods of descriptive statistics, i.e. location, distribution and dependency levels of statistical frequency, and calculate and interpret probability distributions.

Course code

1389-20-01-VZ-DE-04