FP039-15 Essential Mathematics
Introductory description
FP039-15 Essential Mathematics
Module aims
To provide students with the mathematical competence necessary for subsequent degree-level study in Management or Business.
To develop students’ awareness of mathematical tools for modelling the characteristics of business decisions.
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
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Number: Rational number equivalences, Ratio and Proportion, Numerical accuracy, Laws of indices, Irrational numbers.
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Algebra: Fundamentals of Algebra, Algebraic equations, Coordinate geometry, Simultaneous equations, Inequalities.
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Statistics: Summary statistics; including from grouped data, Data and Data presentation, Bi-variate data, Correlation and Regression including hypothesis testing.
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Probability: Elementary Probability, Laws of Probability, Bayes’ theorem, Probability Distributions.
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Discrete Maths: Graph theory, Critical path analysis, Gantt charts, Scheduling diagrams.
Learning outcomes
By the end of the module, students should be able to:
- Use Mathematical skills and techniques to solve problems that arise in a business setting by selecting appropriate solution strategies
- Select and make use of basic statistical techniques and statistical methodologies
- Utilise diagrams, graphs and technology to help explore mathematical situations and interpret these in a business and real-world context
- Apply probability concepts to model uncertain management contexts and understand the outcomes.
Indicative reading list
Essential Maths for Business and Management (Morris, 2007)
Foundation Maths (Croft and Davison, 2016)
View reading list on Talis Aspire
Subject specific skills
No subject specific skills defined for this module.
Transferable skills
No transferable skills defined for this module.
Study time
Type | Required |
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Lectures | 12 sessions of 1 hour (25%) |
Seminars | 36 sessions of 1 hour (75%) |
Total | 48 hours |
Private study description
Independent study
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group A1
Weighting | Study time | Eligible for self-certification | |
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Assessment component |
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Weekly Multi-Choice Quizzes | 20% | 5 hours | No |
6 summative quizzes to be taken as homework on Moodle. The best 5 scores will contribute 4% each to the overall module mark. |
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Reassessment component is the same |
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Assessment component |
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Mid-module Test | 30% | 10 hours | No |
Reassessment component is the same |
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Assessment component |
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End of module test | 50% | 15 hours | No |
Reassessment component is the same |
Feedback on assessment
Immediate answers provided to the MC quizzes.
Students to view marked scripts in class for mid-module test.
Tabula.
Courses
This module is Core for:
- Year 1 of FIOE Warwick International Foundation Programme