Faculty of Business Studies

Dept. of Accounting & Information

Systems University of Professionals
(BUP) 3

Course Title: Business Mathematics 7

Course Code-ALD-1103 h

Course Instructor:
 Prof. Dr. Md. Shafiqul Islam
Adjunct Faculty, BUP
1

ct2q2xj
ct2q2xj

Classes:-Sunday and Tuesday : 02:00 – 3:30 PM

Instructor:- Prof. Dr. Md. Shafiqul Islam
Office hours :- Tuesday and Thrusday:11:00 - 01:00 PM
Email:- [email protected] 3

Mobile:- 01817515061 2

WhatsApp:-01761043958 1

Google Classroom Code: ct2q2xj for section-A q

 i

b7uxx5r for Section-B r

Text Book:-Mathematics with Applications in

Management & Economics (7thEdition),USA
Gordon D. Prichett, John C.Saber
Reference:-Business mathematics, 11th Edition,
2
D.C. Sancheti, V.K. Kapoor
-:Expectations:-
I expect you to make an honest effort to
attend at the class regularly and take part in
questioning after the class. Also I expect 3

0
sincerity and attentiveness. Interactions of 2

students on any problems are useful and are i

q

encouraged, but each person should write .

and understand of his/her task. Copying

from others is immature, dishonest and
waste of everyone’s time.
3
Tutorial:- There will be total four tutorials and
several presentations all over the course
Exams :-The final exams will be informed in
due time 3

Test Policy:-If you are absent from a test, and 0

you have not spoken to me personally before i

q

hand, your marks for the test will be zero. S

Attendance Policy:- Students are required

to attend classes regularly
Academic Dishonesty:- “ANY CHEATING
WILL RESULT IN SEVERE PENALTIES”
4
 Business Mathematics

Business Mathematics is the 3

foundation for students’ future career 0

in business, showing them how to i

q

apply the language of mathematics to S

business problems, and how to use

computer to do mathematics.
 5
Business Mathematics is a 3 credit course. This
course focuses on an integrated treatment of
mathematics and covers major topics such as
algebra, matrices, calculus, optimization, and 3

modelling techniques with an emphasis on 2

application in business. This course is a pre q

requisite for some higher level finance papers. This h

course assumes a minimal background in

mathematics and aims to give the students an
introduction to each topic ……………………….

6
This course also focuses on achieving
Apply arithmetic and algebraic skills to
everyday business problems
the following generic and specific
attributes of the graduate profile of the 3

program: 2

(i) critical thinking i

q

(ii) in-depth knowledge S

 .

(iii) self motivation and

(iv) life long learning

Presentation Topic:
Course Structure
• Credit Hour: Three Credit Hours (Each Course)

• Class Duration: Two Classes each week of ‘One and Half Hour’ duration
for each Class.

• Total Number of Classes: 28 Classes are scheduled for Jan-Jun 2021

semester as per the academic calendar; Where 24 classes are
mandatory and 4 classes are for presentation, extra class (If faculty
member requires) , or for make up classes.
• Exam: Mid-Term and Final Exam will be scheduled centrally and routine
will be provided from program office prior to the scheduled time of
exam.

• Duration of Exam: Mid-Term exam will have maximum 1 hour and 30

minutes minimum 1 hour time. Final exam will have Three hours time
and should cover the whole syllabus (comprehensive exam)

Presentation Topic: Method

of Assessment
To receive a pass grade in the course, student must
meet ALL the following criteria:
• Attain an overall mark of at least 40%. •
Attend at least 75% of all scheduled class. •
Have to attend in the final exam.
The entire composite marks for courses are
summarized in the following table.
Assessment Type Weight
(BBA) Attendance 5%
Participation 3%
Attitude 2%
Quiz 10%
Case/Assignment 5%
Mid-Term 15%
Term Paper 10%
(Including
Presentation)
Final Exam 50%
Total Mark 100%
3

10

Presentation Topic: Grading System

Numerical Letter Grade Criteria
Grade Grade Point

80% and above A+ 4.00 Shows a passion for the topic. Student has built on a solid base of deep knowledge and
delivered original thought or provided original
application of a presented model. Has displayed sound and defensible
judgment.
75% to < 80% A 3.75 Student has integrated/synthesized a complex body of knowledge. Is able to bring ideas
together succinctly. Has displayed sound grounded
opinion.
70% to < 75% A- 3.50 Critical evaluation or deeper understanding displayed identifies key issues; adds value to
data or basic research.
65% to < 70% B+ 3.25 Intelligent organization and expansion of concepts, ideas; illustrates through application;
sought other reading if appropriate.
60% to < 65% B 3.00 Covers key issues, in a superior way.
55% to < 60% B- 2.75 Descriptive, can summarize, organize ideas and present a basic conclusion, internally
logical. Presents basic concepts can take a
concept and break it into its parts. Provides a basic answer to the
question.
50% to < 55% C+ 2.50 Undertaken acceptable amount of work, sticks to the question but disjointed, ideas not
linked or not well linked to the foundation of
knowledge.
45% to < 50% C 2.25 Some errors, but not enough to flaw the answer/ argument. 40% to < 45% D 2.00
Superficial work, insufficient research. Some limited research but has not pulled it together.
< 40% F (Fail) 0.00 Doesn’t answer the question, errors which flaw the answer, argument;
 Objective Of This Course
The purpose of this business
mathematics course is to increase your
math knowledge and skill as it applies to 3

many aspects of business and to help 1

make you a more valuable player in the a

business arena. In Short Course

Objectives can be written as “To provide
Business students with reinforcement
of mathematical computations”.
12
-:Course Content:-
1. Theory of Sets and Introduction to Probability with
Applications
2. The Straight lines, Linear Equations and Inequalities
3. Linear Relationship and Constrained Optimization. 3

4. Non Linear Relation ships with Applications in Business and 0

Finance : Exponential and Logarithm Functions 1

5. Introduction to Mathematics of Finance q

6. Applications of Differential Calculus and use in Business S

r
 Problems P

7. Applications of Integral Calculus and use in Business

Problems
8. Binomial theorem, Permutations and Combinations

13

-:Learning Outcomes:-
Upon successful completion of this course, you should be
able to:
➢ understand and use equations, formulae, and
mathematical expressions and relationships in a 3

variety of contexts 0

➢ apply the knowledge in mathematics (algebra, 7

i
 matrices, calculus , optimization) in solving business f

problems f

➢ demonstrate mathematical skills required in

mathematically intensive areas in commerce such as
Finance and Economics
➢ demonstrate critical thinking, modelling, and
problem solving skills in a variety of contexts
14

What is an equation

In mathematics, an equation is 3

/
a statement that asserts the 1

equality of two expressions, which a

are connected by the equals sign

"=".
15

The process of equating one 3

thing with another or process of 2

2
 /

making relation between i

q

variables. P

16
 32

qi

17

In Mathematics, an equation deals

with symbols, variables, numbers and
the rules for manipulating it. It states 3

the mathematical relationship are 1

used to find the unknown value by a

creating expressions and solutions.

Now, consider the following algebraic
expression,
18
 32

qi

19

What is Constant in Maths

 A constant is a value or
number that never changes in 3

expression; it’s constantly the same. 1

For example, in the figure given f

above 36 and 82 are constant because its

face value is 36 and 82 respectively. Its
 value never 20
changes.
What are Variables?
A variable is a letter representing
some unknown; a variable always
represents a number, but it carries 3

varying values when written in an 1

expression. i

f
 o

By convention, mathematicians P

usually assign letters(not mandatory)

at the end of the alphabet (such as x, y,
and z) to be variables.
21