APBT-222 - Business Math and Calculators II - 3.00 Credits
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Course Details
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This course builds upon APBT 120: Business Math and Calculators in the Office Administration Certificate program and is intended for students continuing onto Executive Assitant Diploma program. It is designed to give the learner an overview of today's business world and a working knowledge of its mathematical applications and procedures. Learners will experience a firsthand working knowledge of many important business math applications. Students will gain a valuable understanding of the time value of money concept, and how it relates to many important personal finance issues such as budgeting, purchasing, borrowing, investing, and retirement planning.
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Part of the:Office Administration Department
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Available/Required in the following Programs:Executive Assistant Diploma - Diploma Completion Plan
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Prerequisites : Office Administration Assistant Certificate or instructor permission
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Course Outline
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Instructors Qualifications:
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Relevant Bachelor's Degree
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Office Hours:
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1.5 hours per week
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Contact Hours:
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45
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Student Evaluation
Procedure:
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Assignments 50-70%, Final 30-50%, Total 100%. Grading procedures follow NVIT policy.
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Learning Outcomes:
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Upon successful completion of this course students should be able to:
- demonstrate the mathematical skills and use of logic to solve business-related problems;
- calculate percent and their application in business;
- calculate simple Interest and Promissory Notes;
- calculate compound Interest and Present Value;
- identify consumer and Business Credit;
- prepare financial Statements and Ratios;
- review insurance, Investments, Depreciation, Inventory, Taxes;
- solve mathematics of merchandising problems, including cash and trade discounts, mark-up and mark-down;
- demonstrate competence in the solving of financial problems involving the calculation of simple and compound interest in discount, annuities, investment and management decisions;
- solve basic linear problems in two variables and determine break-even positions in business; and
- demonstrate use of basic statistics.
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Text and Materials:
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Brechner, R. & Bergeman, G. (Current Edition) Contemporary Mathematics for Business and Consumers, Boston, MA, Cengage Learning
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Other Resources:
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Transfer Credits:
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For more information visit: www.bctransferguide.ca
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Other Information:
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