Mathematics (MATH) 244
Business Mathematics (Revision 5)

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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
Area of Study: Science
Prerequisite: None
Centre: Centre for Science
MATH 244 has a Challenge for Credit option.
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: Applications of Linear Equations
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% |
Midterm 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, 7th Edition. Toronto, ON: McGraw-Hill Ryerson, 2011.
Other materials
The course materials include a study guide, student manual, and assignment manual.
Challenge for Credit Course Overview
The Challenge for Credit process allows students to demonstrate that they have acquired a command of the general subject matter, knowledge, intellectual and/or other skills that would normally be found in a university level course.
Full information for the Challenge for Credit can be found in the Undergraduate Calendar.
- Undergraduate Challenge for Credit Policy
- Undergraduate Challenge for Credit Procedures
Challenge Evaluation
To receive credit for the MATH 244 challenge registration, you must the two parts of the challenge exam and achieve a minimum grade of at least “C-” (60 percent) on both parts. The two parts of the exam must be written on the same day, or on two consecutive days.
Part 1: Exam | Part 2: Exam | Total |
---|---|---|
50% | 50% | 100% |
Undergraduate Challenge for Credit Course Registration Form
Athabasca University reserves the right to amend course outlines occasionally and without notice. Courses offered by other delivery methods may vary from their individualized-study counterparts.
Opened in Revision 5, June 4, 2010.
View previous syllabus