Department of Management Sciences
Business Mathematics
Course Code MT-104
Fall Semester 2014
Instructor:
Sania Hameedan, Lecturer, Management Sciences Department
Email: sania.hameedan
@abasyn.edu.pk
Course Description
Throughout the course, the student will be able to manipulate formulas to obtain a solution to a problem depending on what is unknown in business
Intended Learning Outcomes
At the end of this course, students should be able to:
1.
Understand the Basic Concept of Mathematics, be able to understand how mathematics is used in business sciences.
2.
Elaborate the knowledge of the students in the other relevant fields of management sciences.
Teaching Methodology and Examination:
The course will mix lectures, quizzes, assignments, and presentation from students and discussions. The course would equip the student with both theory and practice of Human
Resource Management. Mid-term and final term paper will be in written format.
Class Policy
1.
All students must reach the classroom in time.
2.
Students failing to secure 75% attendance shall not be allowed to sit in the Final
Examination.
3.
Students, who are absent on the announcement date of assignment/ test or any other activity, must get the topic/ chapter of the test/ assignment/ or any other activity confirmed through their peers.
4.
Assignment submission deadline must be observed. In case of late submission, the assignment will be marked 10% less out of total marks.
5.
Mobile phones should be switched-off or maybe put on silent mode in the classroom.
6.
Course-books and relevant course-material is available in the Library for reference and photocopying.
Main Text Book:
1 Business Mathmatics, Mirza mohammad hasan and muhammad Ali MIrza
2 Mansfield, E., Statistics for Business & Economics: Methods and
Applications
3 Calculus 10 th
Edition, Thomas Finney.
Major Examinations in the course :
MidTerm: Week no. 8
Final Exam: Week No. 16. According to the university schedule
Assignment
A Major assignment covering all different topics in Human Resource Management will be provided to the students. The weightage for the assignment is 10%. Late assignments will be penalized. The assignments shall be hand written.
Provision of Assignment
Review of Draft Assignments
Week 3
Week 12
Submission of Final Assignment Week 15
Presentations
Each student will be required to present different topics. Students will be notified in advance about the topic and date of their presentation. Each student will make at least 2 presentation. The presentations will account for 5% of the total marks. Student need to be well prepared for their presentations in order to achieve maximum marks.
Marks Distribution:
Mid Term
Assignments and Presentation
25%
10%
Quizzes
Final Exam
15%
50%
---------------------------------------------------------------
Total 100%
Plan/Calendar for Quizzes, Presentations during the course
There will be a quiz in each class, in total for 14/15 weeks of study there will be same number of quizzes. Students are advised not to miss the class. The quiz will comprise of what is being taught in the class. Presentations schedule will be provided during the course of the study.
S.No
Topics to be Covered
1
2
3
4
5
6
SET THEORY AND SYSTEM OF LINEAR EQUATIONS
Set Theory Types of sets Methods of Representing sets Venn
Diagram System of Linear Equations and its Applications Solution of Linear system of equations as well as solution by graphically method Sets and properties of sets Assignment # 1
Slopes,distance between two points graphical understanding
Rate Ratio P roportion Percentage Interest D epreciation and fraction Pie chart bar chart and word problems Real number and real line Solution of linear equations involving one and two variables and presenting them in real line Mathematical concepts in
Business Assignment # 2
MATRICES Introduction of matrices, Addition, subtraction multiplication of matrices Inverse of matrices and linear solution
Exponents and radicals Solution of linear equations involving more than two variables Introduction to optimization and linear programming
DETERMINANTS
Determinants
Properties of
Determinants
Determinants and
Non Singularity
Special
Determinants
Solution of Linear
Equations by
Determinants
Permutation, Combination And Binomial theorem Permutation
Introduction Permutations- taken all at a time Permutations- a definite number taken at a time Permutations- group of similar objects Circular Permutation Combination Introduction
Differentiation between permutations and combinations Relation between n C r
and n C n-r
Binomial theorem Formula for binomial expansion Pascal triangle Formula for the general term Assignment
# 3
Mid Term
7 Differential calculus Derivatives Functional notation Interpretation of a derivatives Derivative of x n Derivative of a constant Derivative of sum of two or more functions Derivative of spherical functions ex and log x
Product of two or more functions Quotient of two function
Chain rule Second derivative Partial derivatives Definition
Maxima or minima for function of two variables Assignment #
4Assignment # 5
Week
1&2
Quiz#1
2&3
Quiz#2
3&4
Quiz#3
4&5
6&7
Quiz#4
8
9,10&
11
Quiz#5
Quiz#6
Chapters
8
9
10
Integral calculus Anti derivative Integration formulas
Integration by change of a variable Application of definite integral
Assignment # 6
SYSTEMS OF LINEAR EQUATIONS AND THEIR
APPLICATIONSIntroduction Two variables Systems of Equations.Gauss – Jordan Inversion method Three variable system of equations Gauss-Jordan Inversion method Applications of Linear Equations and Systems of Equations
Revision
11 Final Term Examination
Submitted By: Sania Hameedan
Dated: September 7,2014
HOD/Coordinator: _____________________
12&13
14
Quiz#7
16