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FP039-15 Essential Mathematics

Department
Warwick Foundation Studies
Level
Foundation
Module leader
Joe Alcantara
Credit value
15
Module duration
12 weeks
Assessment
100% coursework
Study location
University of Warwick main campus, Coventry
Introductory description

FP039-15 Essential Mathematics

Module web page

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.

  1. Number: Rational number equivalences, Numerical accuracy.

  2. Algebra: Fundamentals of Algebra, Algebraic equations, Coordinate geometry, Simultaneous equations, Inequalities.

  3. Discrete Maths: Graph theory, Critical path analysis, Gantt charts, Scheduling diagrams.

  4. Statistics: Summary statistics; including from grouped data, Data and Data presentation, Bi-variate data, Correlation and Regression including hypothesis testing.

  5. Probability: Elementary Probability, Laws of Probability, Bayes’ theorem, Probability Distributions including hypothesis testing.

Learning outcomes

By the end of the module, students should be able to:

  • Evaluate a range of mathematical skills and techniques and apply them to problems that arise in a business setting
  • Select and apply basic statistical techniques and statistical methodologies in order to analyse a range of problems in a business setting
  • To apply diagrams, graphs and technology to help explore mathematical situations and analyse these in a business and real-world context
  • Apply probability concepts to model uncertain real-world contexts and understand the outcomes.
Indicative reading list

Essential Maths for Business and Management (Morris, 2007)
Foundation Maths (Croft and Davison, 2016)

View reading list on Talis Aspire

Interdisciplinary

The module takes Mathematics and applies it directly to the real world of business to solve problems effectively and efficiently and with verifiable significance.

Subject specific skills

Hypothesis testing to verify significance, numeracy, use of technology and power of analysis to decide methodology.

Transferable skills

Presentation, groupwork, delivering a project, report writing, technical analysis of real world problems.

Study time

Type Required
Lectures 12 sessions of 1 hour (8%)
Seminars 36 sessions of 1 hour (24%)
Private study 72 hours (48%)
Assessment 30 hours (20%)
Total 150 hours
Private study description

Independent study

Costs

No further costs have been identified for this module.

You must pass all assessment components to pass the module.

Assessment group A2
Weighting Study time
Project Management Coursework 50% 15 hours

Presentation of work as a group to highlight individual work and final conclusions on cost. Individuals are project managers, for one of 3 projects, for one construction company. Max 4 Minutes per person plus brief final conclusion. Along with submission of individual analysis as a separate document. Communication via forum on Moodle/Teams.

End of module test 50% 15 hours

Statistics and Hypothesis testing formal calculations needed for undergraduate study.

Feedback on assessment

Student to view feedback on presentation in class.
Tabula.

Courses

This module is Core for:

  • Year 1 of FIOE Warwick International Foundation Programme