Required in stage
Optional in stage
Both terms
Not organised
This year
Next year
Alternating years
External
Prerequisites
Identical coursesMathematics for Business (B-KUL-Y05101)
N. | Janssens Dirk (substitute) Aims
Only students enrolled in the preparatory programme of Master of Business Administration are allowed to take up this course. This course evaluates the following learning outcomes:
The student
3.h Defines, explains and uses, both graphically and model-based, macro- and micro-economic concepts.
5.a Uses static and dynamic models, graphically and algebraically, to analyse and solve (business) economic problems.
5.d Uses methods and techniques of operational research to model and solve (business) economic problems.
8.d Sets forth a logical and coherent argumentation to support choices made when solving a (business) economic problem with practical relevance.
11.g Is familiar with relevant ICT applications and uses the knowledge and skills to solve (business) economic problems.
More information
Each student of Business Administration should have an understanding of mathematical concepts and their applications within the business economic sciences. In this context mathematic is a subsidiary science in service of other courses. At the same time mathematics includes an educational component in which the aim is that the student is able to reason abstractly and critically.
At the end of the course the student is able to work structurally in a problem-solving way.
Specifically the following competences are required:
- The student knows research methods within the field of the business economic sciences and can employ these. In particular (s)he can analyse micro and macro economic concepts graphically and by means of models (3.h)
- The student has demonstrable knowledge and understanding of a number of analysis techniques, especially optimalisation and the use of mathematical techniques in model construction (3.h, 5.a)
- The student can independently construct a reasoning and work out an argumentation (8.d)
- The student is familiar with the workings of an electronic spreadsheet (MS Excel). He can use these knowledge and skills to solve problems in the domain of (business) economics. (11.g)
Previous knowledge
The student should master algebraic skills (including working wth exponents, calculating with letter shapes, solving quadratic equations, using the rule of Horner at factorization of polynomials, graphical representation of elementary functions, basic two dimensional analystical geometry and elementary trigonometry) and logical and abstract reasoning skills.
Before the academic year starts an introductory course is offered in connection with the above mentioned skills.
Identical courses
This course is identical to the following courses:
Y00267 : Wiskunde voor bedrijfswetenschappen (S) (No longer offered this academic year)
HTH79A : Wiskunde voor bedrijfswetenschappen (S-BL) (No longer offered this academic year)
HSH88A : Wiskunde voor bedrijfswetenschappen (S) (No longer offered this academic year)
HSA09A : Mathematics for Business (B) (No longer offered this academic year)
Is included in these courses of study
Activities
3 ects. Mathematics for Business 1 (B-KUL-Y55101)
EnglishFormat: Lecture
26 
First termN. | Janssens Dirk (substitute) Format: more information
During the lectures the accent is mostly on the practical applicability of mathematical techniques in economics. A theoretical framework is sketched. Frequently exercises are referred to which can be solved in order to better understand the material. Solutions for these exercises are also available.
Electronically duided self-study (via Wiskunde_PV) is made available.
Apart from the possibility to ask questions to the professor, course tutorials are provided.
3 ects. Mathematics for Business 2 (B-KUL-Y55102)
EnglishFormat: Lecture26 
Second termN. | Janssens Dirk (substitute) Format: more information
During the lectures the accent is mostly on the practical applicability of mathematical techniques in economics. A theoretical framework is sketched. Frequently exercises are referred to which can be solved in order to better understand the material. Solutions for these exercises are also available.
Electronically guided self-study (via Wiskunde_PV) is made available.
Apart from the possibility to ask questions to the professor, course tutorials are provided.
Evaluation
Evaluation: Mathematics for Business (B-KUL-Y75101)
Explanation
Evaluation characteristics
For this year-course a partial exam about 'Mathematics for Business 1' is organised during the first examination period (50% of the final grade) and a partial exam about 'Mathematics for Business 2' is organised during the second examiniation period (50% of the final grade). Both are written exams. A calculator is made available for the written exam by the institution. Students may not use their own calculator for the exam.
Determination final result
The final score is the (arithmetic mean) of the scores on both partial semestrial exams if the student gets a minimum score 8.00/20 on both (measured up to two decimals). Otherwise, the lowest score obtained on the semestrial OLA-parts is assigned as final OPO score.
The result is calculated and expressed as an integer out of 20.
This means that a student must obtain at any evaluation at least 8.00/20 and a final score for the course of at least 10/20 to pass this course.
If the student does not participate in one of the semester evaluations, the final grade of the course will be NA (not taken) for the whole course.
Component marks of at least 10/20 (for the semester examinations) are transferred to the next examination period within the same academic year. In case of a partial transfer the originally obtained component mark is included in the final mark of that course. Students only retake the evaluation/activities for which no transfer of the result took place.
No component marks are transferred to the next academic year when no credit is obtained for the final year-OPO.
Second exam opportunity
The features of the evaluation and determination of grades are identical to those of the first examiniation opportunity, as described above.
Information about retaking exams
This course unit allows partial mark transfers in case of partial pass mark:
- Y55101 - Mathematics for Business 1 (during academic year)
- Y55102 - Mathematics for Business 2 (during academic year)