Business Mathematics (Revision 7)
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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.
Area of Study: Science
Centre: Centre for Science
MATH 244 has a Challenge for Credit option.
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.
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
The weighting of the composite grade is as follows:
To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.
Jerome, F. Ernest., Worswick Tracy. Business Mathematics in Canada, 8th Edition. Toronto, ON: McGraw-Hill Ryerson, 2014.
A print version of the eText can sometimes be purchased from the publisher through a direct-to-student link provided on the course website; you can also acquire the textbook on your own if you wish.
All other learning resources will be available online.
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.
To receive credit for the MATH 244 challenge registration, you must pass 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|
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 7, March 2, 2016.
View previous syllabus
Updated May 20 2016 by Student & Academic Services