BUSINESS NUMERACY

BUS1BUN

2015

Credit points: 15

Subject outline

Business numeracy is basic maths related both to the world in which you live and will work, and will assist you in satisfactorily completing your business degree program. Skills developed are those which may not have been covered in sufficient depth in the student's secondary schooling. All the applied problems are designed to simulate instances in real life where you would need these maths skills. The curriculum is integrated with the business degree foundation subjects: it is designed to complement the numerical demands of the business foundation subjects in a timely fashion, so as to provide you with the support you require to achieve the intended learning outcomes defined for the business foundation subjects and to meet the math benchmark required of a first year business student.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorGreg Jamieson

Available to Study Abroad StudentsNo

Subject year levelYear Level 1 - UG

Exchange StudentsNo

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjects BUS1BSM

Equivalent subjectsN/A

Special conditions From second semester 2014, students will only be eligible to enrol in this subject if they fail to meet the benchmark set for the Math Diagnostic required of all commencing UG students of the Business School.

Graduate capabilities & intended learning outcomes

01. Analysis and description of basic market data

Activities:
Analysis and reporting of industry data from IBIS World database as part of a SWOT analysis
Related graduate capabilities and elements:
Creative Problem-solving (Creative Problem-solving)

02. Applying formula concepts in business contexts

Activities:
Using calculators to determine interest rates and interest payments
Related graduate capabilities and elements:
Creative Problem-solving (Creative Problem-solving)

03. Interpreting and evaluating business press releases (media statements)

Activities:
Determining business ratios for investor decisions to buy, sell or hold shares
Related graduate capabilities and elements:
Creative Problem-solving (Creative Problem-solving)

04. Solving problems using formulas and graphical techniques

Activities:
Using formula and graphical techniques to find a business break-even-point
Related graduate capabilities and elements:
Creative Problem-solving (Creative Problem-solving)

Subject options

Select to view your study options…

Start date between: and    Key dates

Melbourne, 2015, Semester 1, Day

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorLinda Wannan-Edgar

Class requirements

Evidence Based Learning Week: 14 - 22
One 3.0 hours evidence based learning per week on weekdays during the day from week 14 to week 22 and delivered via blended.
"One three-hour EBL-based workshop per week (the stimulus material for which would be a group activity done by students before the workshop) plus two hours of online quizzes and learning. There will be a fully-online option replicating the EBL classroom-based learning using Collaborate."

Assessments

Assessment elementComments% ILO*
Competency-based online quiz 210 01, 02, 03, 04
Competency-based online quiz 420 01, 02, 03, 04
Competency-based online quiz 110 01, 02, 03, 04
Competency-based online quiz 320 01, 02, 03, 04
Final Exam (90 minutes)40 01, 02, 03, 04

Melbourne, 2015, Semester 2, Day

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorLinda Wannan-Edgar

Class requirements

Evidence Based Learning Week: 35 - 43
One 3.0 hours evidence based learning per week on weekdays during the day from week 35 to week 43 and delivered via distance education.
"One two-hour EBL-based workshop per week (the stimulus material for which would be a group activity done by students before the workshop) plus two hours of online quizzes and learning. There will be a fully-online option replicating the EBL classroom-based learning using Collaborate."

Assessments

Assessment elementComments% ILO*
Competency-based online quiz 210 01, 02, 03, 04
Competency-based online quiz 420 01, 02, 03, 04
Competency-based online quiz 110 01, 02, 03, 04
Competency-based online quiz 320 01, 02, 03, 04
Final Exam (90 minutes)40 01, 02, 03, 04