FP039-15 Essential Mathematics
Introductory description
FP039-15 Essential Mathematics
Module aims
To provide students with the mathematical competence necessary for subsequent degree-level study in Management or Business.
To develop students’ awareness of mathematical tools for modelling the characteristics of business decisions.
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
-
Number (order of operations; fractions, decimals and percentages; ratios; powers and surds; using prime factorisations to find HCF and LCM; rounding, bounds and estimating).
-
Statistics (calculating/estimating averages from simple data lists and frequency tables; range and standard deviation; quartiles and IQR; box plots and comparing data; histograms; representing data appropriately).
-
Probability (trials, outcomes and sample spaces; Venn Diagrams and mutually exclusive/independent events; tree diagrams).
-
Algebra (solving quadratic equations; sketching quadratics and solving quadratic inequalities; straight line graphs and parallel/perpendicular lines; solving simultaneous equations; solving linear and simultaneous inequalities; composite and inverse functions).
Learning outcomes
By the end of the module, students should be able to:
- By the end of the module the student should be able to:1. Choose and apply fundamental mathematics tools to a variety of business situations.
- Fluently use a calculator to perform mathematical calculations to an appropriate level of accuracy.
- Use a variety of mathematical tools to summarise data.
- Apply probability concepts to uncertain management contexts.
Indicative reading list
Essential Maths for Business and Management (Morris, 2007)
Foundation Maths (Croft and Davison, 2016)
Subject specific skills
No subject specific skills defined for this module.
Transferable skills
No transferable skills defined for this module.
Study time
Type | Required |
---|---|
Lectures | 10 sessions of 1 hour (25%) |
Seminars | 30 sessions of 1 hour (75%) |
Total | 40 hours |
Private study description
No private study requirements defined for this module.
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group A
Weighting | Study time | Eligible for self-certification | |
---|---|---|---|
Assessment component |
|||
Regular Multi-Choice Quizzes | 20% | 8 hours | No |
The best 5 scores will contribute 4% each to the overall module mark |
|||
Reassessment component is the same |
|||
Assessment component |
|||
Mid-module Test | 30% | 5 hours | No |
Reassessment component is the same |
|||
Assessment component |
|||
End of module test | 50% | 10 hours | No |
Reassessment component is the same |
Feedback on assessment
Immediate answers provided to the MCQ's, students to view marked scripts in class for mid-module test
Courses
This module is Core for:
- Year 1 of FIOE Warwick International Foundation Programme