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Mathematics (MATH) 244
Business Mathematics (Revision 4)

Mathematics Diagnostic Assessment. This online test contains 70 questions that will help you assess your mathematical skills. Based on your score we will recommend which Athabasca University mathematics course you are likely ready to take successfully.

Delivery mode: Individualized study.

Credits: 3 - Science

Prerequisite: None.

Centre: Centre for Science

MATH 244 has a Challenge for Credit option.

Course website

Overview

MATH 244 is designed to introduce the basic mathematical skills needed to understand, analyse, and solve mathematical problems encountered in business and finance, and in investment decision making. There are no prerequisites for MATH 244; however, students are expected to be able to perform the basic arithmetic operations—addition, subtraction, multiplication and division—with ease, and to have some familiarity with fractions, with algebraic operations, and with some basic mathematical principles.

Outline

The course covers the following twelve topics.

Unit 1: Mathematical Operations

Unit 2: Basic Algebra

Unit 3: Ratios, Proportions, and Percentages

Unit 4: Marketing Mathematics

Unit 5: Graphical Techniques to Problem Solving

Unit 6: Data Analysis and Statistics

Unit 7: Principles of Simple Interest

Unit 8: Principles of Compound Interest

Unit 9: Annuities

Unit 10: Loans and Mortgages

Unit 11: Bonds and Sinking Funds

Unit 12: Investment Decisions

Evaluation

To receive credit for MATH 244, you must achieve a course composite grade of at least “D” (50 percent) and a grade of at least 50 percent on the examinations. The weighting of the composite grade is as follows:

Assignment 1 5%
Assignment 2 5%
Assignment 3 5%
Assignment 4 5%
Mid-term Exam 35%
Final Exam 45%
Total 100%

To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.

Course Materials

Textbook

Jerome, F. Ernest. Business Mathematics in Canada, Sixth Edition. Toronto, ON: McGraw-Hill Ryerson, 2008.

Other materials

The course materials include a study guide, student manual, and assignment manual.