SCHEME OF WORK TWINTECH COLLEGE SARAWAK PROGRAMME: BBA (HONS) INTERNATIONAL BUSINESS GROUP: BIB 1 SUBJECT: BUSINESS MATHEMATICS CODE: QMT3301 WEEK LEARNING OUTCOMES 1 By the end of this course, (05/01) students should able to: - Understand the basic mathematics concepts. LESSON CONTENT Ice Breaking Activities Review on the course structure, scheme of work and distribute students’ questionnaire. Introduction to the subject and reference books Chapter 1: Whole Numbers and Decimals - Whole numbers - Application problems - Addition and subtraction of decimals - Multiplication and divisions of decimals. Chapter 2: Fractions - Basic of fractions - Addition and subtraction of fractions - Addition and subtraction of mixed number - Multiplication and division of fractions TEACHING RESOURCES - Course Structure - Scheme of Work - Students’ Questionnaire - Masterfile - Reference Book: James, E.D. & James, L.S. (2003). Comtemporary Business Math for Colleges, 13th edition. - LCD Projector - White Board ASSESSMENT OPPORTUNITIES Q& A Discussion Tutorial 2 By the end of this course, (12/01) students should able to: - Understand the basic mathematics concepts. 3 By the end of this course, (19/01) students should able to: - Understand and apply the concept of trade discount and chain discount - Compute and obtain the trade discount, chain discount. - Find a single discount that is equivalent to a chain discount. 4 (26/01) 5 By the end of this course, (02/02) students should able to: - Understand the meaning of depreciation. - Explain the difference in the various depreciation methods. 6 (09/02) Chapter 3: Percent - Writing decimals and fractions as percents - Finding part - Finding base - Finding rate - Increase and decrease problem - Masterfile - Reference Book: James, E.D. & James, L.S. (2003). Comtemporary Business Math for Colleges, 13th edition. - White Board - LCD Projector Q& A Chapter 4: Mathematics of Buying - Invoices and trade discount - Chain discount - Cash discount - Single discount equivalent - Partial payment of invoice - Masterfile - Reference Book: James, E.D. & James, L.S. (2003). Comtemporary Business Math for Colleges, 13th edition. - White Board - LCD Projector Q& A Discussion Quiz Tutorial Discussion Tutorial Chinese New Year/ Mid Semester Break Chapter 5: Depreciation - Straight line method - Declining balance method - Sum of year digits method - Masterfile - Reference Book: James, E.D. & James, L.S. (2003). Comtemporary Business Math for Colleges, 13th edition. - White Board - LCD Projector Q& A Discussion Tutorial Quiz Q& A Revision before TEST 1 Discussion TEST 1 7 By the end of this course, (16/02) students should able to: - Understand and apply the concept of markup and markdown. - Compute and obtain the markup percent, profit and loss. - Solve the conversion of markup percent. Chapter 6: Mathematics of Selling - Markup - Markup percent - Conversion of markup percent - Markdown - Profit and loss - Masterfile - Reference Book: James, E.D. & James, L.S. (2003). Comtemporary Business Math for Colleges, 13th edition. - White Board - LCD Projector Q& A 8 By the end of this course, (23/02) students should able to: - Understand and apply the concept of simple interest. - Compute and obtain the simple interest, simple amount and present value. - Understand and apply the concept of equation of value. Chapter 7: Simple Interest - Interest - Simple interest formula - Simple amount formula - Four basic concepts - Present value - Equation of value - Masterfile - Reference Book: James, E.D. & James, L.S. (2003). Comtemporary Business Math for Colleges, 13th edition. - White Board - LCD Projector Q& A 9 By the end of this course, (02/03) students should able to: - Understand the features of promissory notes. - Compute and obtain the bank discount. Chapter 8: Promissory Note - Promissory note - Bank discount - Simple interest rate equivalent to bank discount rate - Discounting promissory notes - Masterfile - Reference Book: James, E.D. & James, L.S. (2003). Comtemporary Business Math for Colleges, 13th edition. - White Board - LCD Projector Q& A 10 (09/03) Discussion Tutorial Discussion Tutorial Discussion Tutorial Q& A Revision before TEST 2 Discussion Test 2 11 By the end of this course, (16/03) students should able to: - Explain the concept of time value of money. - Derive the compound amount of money. - Use the compound amount formula to find the future value, compound interest, and present value of investment and loans. Chapter 9: Compound Interest - Compound interest - Present interest 12 By the end of this course, (23/03) students should able to: - Understand and apply the concept of future value of ordinary certain and present value if ordinary annuity certain. - Construct an amortization schedule. - Understand and apply the concept of sinking fund. - Compute and obtain annuity with continuous compounding. Chapter 10: Annuity - Future value of ordinary annuity certain - Future value of ordinary annuity certain - Amortization - Amortization schedule - Sinking fund - Annuity with continuous compounding 13 (30/03) - Masterfile - Reference Book: James, E.D. & James, L.S. (2003). Comtemporary Business Math for Colleges, 13th edition. - White Board - LCD Projector Q& A - Masterfile - Reference Book: James, E.D. & James, L.S. (2003). Comtemporary Business Math for Colleges, 13th edition. - White Board - LCD Projector Q& A Discussion Tutorial Quiz Discussion Tutorial Q& A Revision before TEST 3 Discussion Test 3 14 (06/04) Q& A Revision before FINAL EXAMINATION Discussion 15 & 16 (13/04) PREPARED BY: Leong Choi Meng FINAL EXAMINATION DATE: 24/12/2008 REVIEWED BY HOA: DATE: APPROVED BY AM: DATE:
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