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Business Mathematics II Course Overview

This document provides information about the Business Mathematics II course offered at Kisii University. The course code is BBAM 171 and will be offered in Year 1 Semester 2. It will be taught by Dr. Maendo and provide an overview of mathematical concepts and tools for quantitative business problems. Topics include permutations, combinations, probability, matrix algebra, decision theory, and game theory. The course will be evaluated through a midterm assignment, take-home assignment, and final exam. Recommended textbooks are also listed.

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232 views2 pages

Business Mathematics II Course Overview

This document provides information about the Business Mathematics II course offered at Kisii University. The course code is BBAM 171 and will be offered in Year 1 Semester 2. It will be taught by Dr. Maendo and provide an overview of mathematical concepts and tools for quantitative business problems. Topics include permutations, combinations, probability, matrix algebra, decision theory, and game theory. The course will be evaluated through a midterm assignment, take-home assignment, and final exam. Recommended textbooks are also listed.

Uploaded by

lm
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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KISII UNIVERSITY

Course Title: Business Mathematics II

Course Code: BBAM 171


Year and Semester: Year 1 Sem. 2
Lecturer: Dr. Maendo, Ph.D - 0711258848
Email: [email protected]
Prerequisite: BBAM 170
COURSE OBJECTIVE
This course will provide an overview of mathematical concepts, tools and techniques for
modelling business problems whose solutions are sought through quantitative approaches.

TOPIC SUB-TOPIC WEEK


Introduction Review of Business Mathematics I Week 1
Introduction Permutations and combinations Week 2
Probability: Law of probability, marginal and conditional Week 3
probability
Bayes Expected values Week 4
Theorem
Mathematics of Time Value of Money, Simple and compound Week 5
Finance interests, Present and future
values, capital investment, appraisal techniques.
Matrix algebra: Additions and subtractions, multiplication, Week 6
inversion.
Applications of Matrix Solution of simultaneous linear equations, Week 7
Algebra input, output analyses of market processes.
CAT 1 Week 8
Decision theory. Elements of decision making environments, Week 9
Decision making under risk. Decision making
under certainty
Concepts of Game Theory, Applications of Week 10
Game theory game theory in business management
REVISION REVISION Week 11
FINAL Week 12 &
EXAMINATION 13

Mode of Delivery:
Lectures, group discussion, field exercises, and class discussion.
COURSE EVALUATION

C.A.T: Sit in 15%


Take Away Assignment – 15%
Final Exam 70%
Total 100%
Academic Staff Performance:

Feedback from students, evaluation forms completed by students, observation of lessons by


other lecturers, the head of department.

Core Reading Materials for the Course:

1. Fundamentals of Business Mathematics and Statistics, The Institute of Cost Accountants


of India, 2014, 2nd edition , CMA Bhawan, , 12, Sudder Street, Kolkata - 700 016

2. Business Mathematics and Statistics,Andre Francis, 2004, 6th edition, Thomas:


Nottingham
Recommended Reference Materials:
1. Pure Mathematics,Vol. 1
2. Pure Mathematics vol. 2
3. Practice Business Maths Procedures, Jeffrey Slate, 2006, McGraw Hill: New
York

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