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1. Name of Course Business Mathematics

2. Course Code: JGB 11103
3. Names of Academic Khairul Firdaus Hj Adrutdin
Staff:
4. Rationale for inclusion of the course in the program:

This is an introductory course aimed at providing students with the fundamental concepts
of business mathematics which form the foundation for their study in later years. These
concepts are essential since the students will encounter these components in business
related environment.

5. Semester and Semester 1

Year Offered Year 1
6. Total Student Learning Face to face (F2F): Total guided and independent
Time (SLT): 56 hours learning (non F2F):
131 hours 75 hours
L= Lecture L T P O
T=Tutorial 75hrs
P=Practical 28 28 0 0
O=Others
7. Credit Value: 3
8. Prerequisite: NIL
9. Learning Outcomes:

At the end of this module the students will be able to:

1. Reproduce and relate the functions of interest in ordinary life and business.
2. Interpret the time value of money for investment and loan purposes.
3. Apply and perform computation on the relevant property amortisation schedule.
4. Prepare relevant business trade projections or investments projections.
5. Conclude business options based on the trade projections or investments
projections.
6. Construct relevant projection for income taxation assessment.

10. Transferable skills

Skills Development of the skills Skills assessments

1. Teamwork Students are required to Teachers and Peer
work in team during evaluation rubric
assignments.

2. Participation & Written communication Teachers and Peer

Communication skills-via written reports evaluation rubric for
skills and assignment presentation
Oral communication
skills via presentations
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Students participation in
class, questioning and
answering questions

3. Problem-solving Students are required to Answer

skills solve problems during
assignments.

11. Teaching-learning strategy

Teaching and learning will be via lecture, collaborative learning, group discussion, and
tutorial works. Students will also be required to do their own self-study for certain topics
and assignments

Assessment strategy:

Students learning will be assessed using in classroom test, individual and/or group
assignment. Peer evaluation will be part of the assessment of a team work.

12. Synopsis

This unit will cover general business mathematics involving interest calculation, annuity,
trade discounts and income taxation. It emphasizes on developing students mathematical
competencies in the area of business segment. The main method of delivery combines
lecture, tutorial and drill with occasional discussions to generate interest.

13. Mode of Delivery

Lecture, Collaborative Learning and Tutorial.

14. Assessment Methods and Types

Course Work :-
Assignment 10%
Quizzes 20%
Tests 30%
Final Exam 40%
Total Marks 100%

15. Mapping of the Course to the Program Aims

Course PEO1 PEO2 PEO3 PEO4 PEO5

Business Mathematics X X X
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16. Mapping of the course to the Program Learning Outcomes

PO PO PO PO PO PO PO PO
1 2 3 4 5 6 7 8

1 CO 1 X X
2 CO 2 X
3 CO 3 X X
4 CO 4 X
5 CO 5 X X
6 CO 6 X X
17. Content outline of the course and the SLT per topic

F2F Non
Topic SLT
L T P O F2F
1 Arithmetic and Geometric Sequences
1.1 Introduction
1.2 Arithmetic sequence 2 2 0 0 4 8
1.3 Geometric sequence

2 Simple Interest
2.1 Introduction
2.2 Interest
2.3 Simple interest and amount formula 2 2 0 0 4 8
2.4 Present value
2.5 Future value

3 Compound Interest
3.1 Introduction
3.2 Compound interest
3.3 Compound interest formula
3.4 Effective, nominal and equivalent
4 4 0 0 8 16
rates
3.5 Relationship between effective and
nominal rates
3.6 Future value and Present value
3.7 Continuous compounding
4 Annuity
4.1 Introduction
4.2 Present value and future value of
0 0
ordinary annuity 4 4 8 16
4.3 Amortisation and amortisation
schedules
4.4 Sinking fund
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4.5 Annuity with continuous

compounding

5 Trade and Cash Discounts

5.1 Introduction
5.2 Formula for calculating net price
2 2 0 0 4 8
5.3 Cash discount
5.4 Partial payment of invoice
5.5 Trade and cash discounts

6 Mark-up and markdown

6.1 Introduction
6.2 Mark up and mark up per cent
6.3 Conversion of mark up per cent 2 2 0 0 4 8
6.4 Markdown
6.5 Profit and loss

7 Instalment Purchases
7.1 Introduction
7.2 Interest charge based on original
balance
7.3 Interest charge based on reducing
balance 4 4 0 0 8 16
7.4 Unequal instalment payments and
repayment schedule
7.5 Rule of 78 in Hire-Purchase Act
(1967)

8 Depreciation
8.1 Introduction
8.2 Depreciation concept
8.3 Straight-line method 4 4 0 0 8 16
8.4 Declining balance method
8.5 Sum-of-year digits method

9 Personal Income Taxation

9.1 Computing income tax and
classification of income
8.2 Deductions
8.3 Royalty, gratuity and pensions 4 4 0 0 8 16
8.5 Rental income
8.6 Tax rate schedule and rebates
8.7 Summary of income tax
assessment
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Quiz 2 2
Written test (1.5 hours) 3 3
Assignment 5 5
Exam (3 hours) 9 9
TOTAL Student Learning Time (h) 28 28 0 0 75 131

18. Main Reference :

1. Business Mathematics, Lau Too Kya, Oxford Fajar 2009.

Additional Reference :

1. Contemporary Business Mathematics for Colleges, Deiltz & Southam,

Cengage Learning 2013.