Business Math

Class Schedule: MTH 9:00-10:30pm Room PF 4 Consultation Hours: W 8-12pm Instructor: Prof. Jose Neil Hortillo

COURSE DESCRIPTION
This course provides the students the basic knowledge in Business Mathematics and its applications in business and personal
finance. .

OBJECTIVES
1. To discuss and learn the basics in Business Math
2. To learn the various applications of Math in Business and Personal Finance
3. To learn and understand the dynamics and relevant issues in the local and international business environment

CORE SKILLS
Students will gain experience and develop/practice skills in many areas including:
1. decision making and problem solving skills
2. interpersonal and communication skills
3. skills that enhance professionalism

COURSE POLICIES
The following policies will be enforced during the semester. Students are required to make sure that the email address listed on the
class role in Banner is checked frequently for class messages. These policies include:
1. Make-up Examinations: Missing examinations is discouraged. However, if an exam is missed for a legitimate reason (e.g., a
University excused absence, documented illness) please make arrangements with the instructor prior to the examination.
Otherwise, the student will get a grade that is equivalent to 1/5 of the lowest score of the missed exam.
2. Class Attendance: While regular class attendance is not mandatory, it is expected. The instructor reserves the right to record
class attendance for documentation purposes. Consistent class attendance or chronic class absences may influence the
instructor’s determination of grades in borderline cases.
3. Academic Dishonesty: Academic dishonesty such as cheating and plagiarism are serious offenses. As such, anyone
committing academic dishonesty will get an automatic failing mark for the entire course. Further, the act of dishonesty will be
reported through proper university channels and dealt with appropriate sanctions.

COURSE OUTLINE
1. Tools for Analysis
a. Review of Consumer Math
b. Spreadsheets – Excel
c. Descriptive Statistics
d. Forecasting
e. Probabilities
f. Interest Rates and Compounding
2. Applications
a. Money and Banking
b. Loans / Acquisitions
c. Taxation
d. Personal Finance
a. Insurance – Life (Traditional Variable), Non-Life
b. Investments – Savings, Money Market, Mutual Funds, Treasury Bills, Stocks, Bonds, etc.

REFERENCES
1. Business Math for Dummies. Mary Jane Sterling 2008
2. Fundamentals of Business Math – CIMA Learning System
3. Fundamentals of Marketing Research – Naresh Malhotra 2010
4. Principles of Finance and Financial Management – Moshe Ben-Horin (2009)
5. Schoology: Course BusMath 2016: Section 1
Access Code D4RBR-S3NKP

CLASS REQUIREMENT
1. First Exam Exam - Tools 25%
2. Second Exam - Applications 25
3. Class Work / Quizzes 30
4. Assignments 10
5. Special Problems 10

College of Management, University of the Philippines Visayas