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MASTER SYLLABUS

Master Syllabus

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Administrative Unit: Business Administration Department
Course Prefix and Number: MGMT 152
Course Title: Business Mathematics
Number of:
Credit Hours 3
Lecture Hours 3
Lab Hours 0
Catalog Description: Development of an understanding of and skill in using
arithmetic calculations in business-oriented problems.
 
Course Rotation for Day Program:

Occasional offering.

 
Text(s): Most current editions of the following:

Many suitable textbooks are available from various
publishers. Most are written for a one-semester course, and the text chosen should be of that type.

Business Math
By Cleaves, Cheryl and Margie Hobbs (Prentice Hall)
Recommended
Business Mathematics
By Miller, Charles D., Stanley A. Salzman and Gary Clendenen (Addison Wesley)
Recommended
Practical Business Math Procedures
By Slater, Jeffrey (Irwin)
Recommended
 
Course Objectives

* Compute answers and understand the concepts in the following areas of basic business math: basic math skills, reconciliation of bank statements, payroll, percentage, discounts, commission sales, markup/selling, markdown, inventory turnover, depreciation, simple interest, promissory notes, compound interest, annuities and sinking funds, installment buying and credit card purchases, financial reports, insurance, stocks and bonds.

 
Topical Outline:
  • Whole numbers and fractions
  • Decimals
  • Checking accounts & bank reconciliation
  • Solving for the unknown
  • Percent
  • Financial reports
  • Depreciation
  • Inventory
  • Life, fire, and auto insurance
  • Stocks and bonds
  • The cost of home ownership
  • Discounts: trade and cash
  • Markups and markdowns
  • Payroll
  • Simple interest
  • Promissory notes, simple discount notes, and
    discounting notes
  • Compound interest and present value
  • Annuities and sinking funds
  • Installment buying and revolving charge/credit
    card accounts
  • Business statistics
  •  

    Recommended maximum class size for this course: 30

     
    Library Resources:

    Online databases are available at http://www.ccis.edu/offices/library/index.asp. You may access them from off-campus using your CougarTrack login and password when prompted.

     
    Prepared by: Tim Ireland Date: April 25, 2013
    NOTE: The intention of this master course syllabus is to provide an outline of the contents of this course, as specified by the faculty of Columbia College, regardless of who teaches the course, when it is taught, or where it is taught. Faculty members teaching this course for Columbia College are expected to facilitate learning pursuant to the course objectives and cover the subjects listed in the topical outline. However, instructors are also encouraged to cover additional topics of interest so long as those topics are relevant to the course's subject. The master syllabus is, therefore, prescriptive in nature but also allows for a diversity of individual approaches to course material.

    Office of Academic Affairs
    12/04