Faculty of Business Studies

Dept. of Accounting & Information Systems

University of Professionals (BUP)

7/11/2023
Course Title: Business Mathematics

Prof. Shafiq
Course Code-ALD-1103
Course Instructor:
Prof. Dr. Md. Shafiqul Islam
Adjunct Faculty, BUP
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Classes:-Sunday and Tuesday : 02:00 – 3:30 PM

Instructor:- Prof. Dr. Md. Shafiqul Islam
Office hours :- Tuesday and Thrusday:11:00 - 01:00 PM
Email:- [email protected]

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Mobile:- 01817515061
WhatsApp:-01761043958

Prof. Shafiq
Google Classroom Code: ct2q2xj for section-A
b7uxx5r for Section-B
Text Book:-Mathematics with Applications in
Management & Economics (7thEdition),USA
Gordon D. Prichett, John C.Saber
Reference:-Business mathematics, 11th Edition, 2
D.C. Sancheti, V.K. Kapoor
 -:Expectations:-
I expect you to make an honest effort to
attend at the class regularly and take part in
questioning after the class. Also I expect

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sincerity and attentiveness. Interactions of

Prof. Shafiq
students on any problems are useful and are
encouraged, but each person should write
and understand of his/her task. Copying
from others is immature, dishonest and
waste of everyone’s time.
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Tutorial:- There will be total four tutorials and
several presentations all over the course
Exams :-The final exams will be informed in
due time

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Test Policy:-If you are absent from a test, and
you have not spoken to me personally before

Prof. Shafiq
hand, your marks for the test will be zero.
Attendance Policy:- Students are required to
attend classes regularly
Academic Dishonesty:- “ANY CHEATING WILL
RESULT IN SEVERE PENALTIES” 4
 Business Mathematics

Business Mathematics is the

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foundation for students’ future career
in business, showing them how to

Prof. Shafiq
apply the language of mathematics to
business problems, and how to use
computer to do mathematics.

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Business Mathematics is a 3 credit course. This
course focuses on an integrated treatment of
mathematics and covers major topics such as
algebra, matrices, calculus, optimization, and

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modelling techniques with an emphasis on
application in business. This course is a pre-

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requisite for some higher level finance papers. This
course assumes a minimal background in
mathematics and aims to give the students an
introduction to each topic ……………………….

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This course alsoandfocuses
Apply arithmetic on achieving
algebraic skills to
everyday business problems
the following generic and specific
attributes of the graduate profile of the

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program:
(i) critical thinking

Prof. Shafiq
(ii) in-depth knowledge
(iii) self motivation and
(iv) life long learning

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Presentation Topic: Course
Structure
• Credit Hour: Three Credit Hours (Each Course)

• Class Duration: Two Classes each week of ‘One and Half Hour’
duration for each Class.

• Total Number of Classes: 28 Classes are scheduled for Jan-Jun 2021

semester as per the academic calendar; Where 24 classes are
mandatory and 4 classes are for presentation, extra class (If faculty
member requires) , or for make up classes.

• Exam: Mid-Term and Final Exam will be scheduled centrally and

routine will be provided from program office prior to the scheduled
time of exam.

• Duration of Exam: Mid-Term exam will have maximum 1 hour and 30

minutes minimum 1 hour time. Final exam will have Three hours time
and should cover the whole syllabus (comprehensive exam)
Presentation Topic: Method of
Assessment
To receive a pass grade in the course, student must
meet ALL the following criteria:
• Attain an overall mark of at least 40%.
• Attend at least 75% of all scheduled class.
• Have to attend in the final exam.
The entire composite marks for courses are
summarized in the following table.
Assessment Type (BBA) Weight
Attendance 5%
Participation 3%
Attitude 2%

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Quiz 10%

Prof. Shafiq
Case/Assignment 5%
Mid-Term 15%
Term Paper (Including 10%
Presentation)
Final Exam 50% 10

Total Mark 100%

 Presentation Topic: Grading System
Numerical Letter Grade Criteria
Grade Grade Point
80% and above A+ 4.00 Shows a passion for the topic. Student has built on a solid base of deep
knowledge and delivered original thought or provided original
application of a presented model. Has displayed sound and defensible
judgment.
75% to < 80% A 3.75 Student has integrated/synthesized a complex body of knowledge. Is
able to bring ideas together succinctly. Has displayed sound grounded
opinion.
70% to < 75% A- 3.50 Critical evaluation or deeper understanding displayed identifies key
issues; adds value to data or basic research.
65% to < 70% B+ 3.25 Intelligent organization and expansion of concepts, ideas; illustrates
through application; sought other reading if appropriate.
60% to < 65% B 3.00 Covers key issues, in a superior way.
55% to < 60% B- 2.75 Descriptive, can summarize, organize ideas and present a basic
conclusion, internally logical. Presents basic concepts can take a
concept and break it into its parts. Provides a basic answer to the
question.
50% to < 55% C+ 2.50 Undertaken acceptable amount of work, sticks to the question but
disjointed, ideas not linked or not well linked to the foundation of
knowledge.
45% to < 50% C 2.25 Some errors, but not enough to flaw the answer/ argument.
40% to < 45% D 2.00 Superficial work, insufficient research. Some limited research but has
not pulled it together.
< 40% F (Fail) 0.00 Doesn’t answer the question, errors which flaw the answer, argument;
 Objective Of This Course
The purpose of this business
mathematics course is to increase your

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math knowledge and skill as it applies to
many aspects of business and to help

Prof. Shafiq
make you a more valuable player in the
business arena. In Short Course
Objectives can be written as “To provide
Business students with reinforcement
of mathematical computations”. 12
 -:Course Content:-
1. Theory of Sets and Introduction to Probability with
Applications
2. The Straight lines, Linear Equations and Inequalities
3. Linear Relationship and Constrained Optimization.

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4. Non Linear Relation ships with Applications in Business and
Finance : Exponential and Logarithm Functions

Prof. Shafiq
5. Introduction to Mathematics of Finance
6. Applications of Differential Calculus and use in Business
Problems
7. Applications of Integral Calculus and use in Business
Problems
8. Binomial theorem, Permutations and Combinations

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 -:Learning Outcomes:-
Upon successful completion of this course, you should be
able to:
➢ understand and use equations, formulae, and
mathematical expressions and relationships in a

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variety of contexts
➢ apply the knowledge in mathematics (algebra,

Prof. Shafiq
matrices, calculus , optimization) in solving business
problems
➢ demonstrate mathematical skills required in
mathematically intensive areas in commerce such as
Finance and Economics
➢ demonstrate critical thinking, modelling, and problem
solving skills in a variety of contexts
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 What is an equation

In mathematics, an equation is

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a statement that asserts the

Prof. Shafiq
equality of two expressions, which
are connected by the equals sign
"=".
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 The process of equating one

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thing with another or process of

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making relation between
variables.

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In Mathematics, an equation deals
with symbols, variables, numbers and

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the rules for manipulating it. It states
the mathematical relationship are

Prof. Shafiq
used to find the unknown value by
creating expressions and solutions.
Now, consider the following algebraic
expression,
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 What is Constant in Maths
A constant is a value or
number that never changes in

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expression; it’s constantly the same.

Prof. Shafiq
For example, in the figure given
above 36 and 82 are constant
because its face value is 36 and 82
respectively. Its value never
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changes.
 What are Variables?
A variable is a letter representing
some unknown; a variable always
represents a number, but it carries

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varying values when written in an

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expression.
By convention, mathematicians
usually assign letters(not mandatory) at
the end of the alphabet (such as x, y,
and z) to be variables. 21