Undergraduate Course: Mathematical Methods for Business (BUST08054)
Course Outline
| School | Business School |
College | College of Arts, Humanities and Social Sciences |
| Credit level (Normal year taken) | SCQF Level 8 (Year 1 Undergraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | This course is intended to develop an understanding of key mathematical methods for business, providing students with the opportunity to apply mathematical techniques to business problems.
This course is required for students who intend (or want to keep open the option) to study further analytics courses within the Business School, but who are not receiving appropriate mathematics training in other schools. This course will also prepare students less comfortable with mathematics for Business Research Methods 1. |
| Course description |
This course is intended to develop an understanding of key mathematical methods for business from first principles. Mathematical preliminaries will first be introduced, with more advanced techniques to be developed as the course progresses. The main focus of the course will be on applying mathematical techniques to business problems
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Information for Visiting Students
| Pre-requisites | None |
| High Demand Course? |
Yes |
Course Delivery Information
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| Academic year 2024/25, Available to all students (SV1)
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Quota: None |
| Course Start |
Semester 2 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Lecture Hours 10,
Seminar/Tutorial Hours 20,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
166 )
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| Assessment (Further Info) |
Written Exam
0 %,
Coursework
40 %,
Practical Exam
60 %
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| Additional Information (Assessment) |
40% Coursework - Project Report (Individual) - Assesses all course learning outcomes
60% Exam (Individual) - Assesses all course learning outcomes
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| Feedback |
Formative feedback following individual project. Provided individually within 15 working days of submission.
Summative general feedback after the final exam.
Summative feedback following online quiz submissions.
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| No Exam Information |
Learning Outcomes
On completion of this course, the student will be able to:
- Demonstrate a knowledge and understanding fundamental mathematical methods that can be applied in business.
- Demonstrate research and investigative skills such as problem framing and solving and the ability to apply analytical techniques where relevant.
- Demonstrate communication skills in order to critique, create and communicate understanding.
- Demonstrate personal effectiveness through task-management, time-management, dealing with uncertainty and adapting to new situations, personal and intellectual autonomy through independent learning.
- Demonstrate practical/technical skills such as, modelling skills (abstraction, logic, succinctness) and quantitative analysis.
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Reading List
Bradley, Teresa. "Essential Mathematics for Economics and Business, 4th Edition" Wiley Publishing (2013). ISBN: 9781118358290
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Additional Information
| Graduate Attributes and Skills |
Not entered |
| Keywords | Mathematics,Business |
Contacts
| Course organiser | Dr Nicholas Myers
Tel:
Email: Nick.Myers@ed.ac.uk |
Course secretary | Ms Morgan Wilson
Tel:
Email: mwilso26@ed.ac.uk |
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