Gold Coast, Australia
Area of Study
Accounting, Economics, Finance, Mathematics
Taught In English
You should already have a strong Mathematics ability level (especially involving algebra) prior to entering this subject.
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits3 - 4
Recommended U.S. Quarter Units4.5 - 6
Hours & Credits
This subject is designed for those students who wish to major in accounting, finance and/or economics. It is a pre-requisite for those courses. This subject covers the key mathematical topics associated with using mathematics in business, such as basic algebra, probability and statistics, mathematics of finance and accounting, matrix algebra and calculus. As well as giving students competence in these topics, the subject focuses on how to interpret and solve business-related word problems and to develop simple mathematical models from a business perspective. There is an emphasis placed on the improvement of students'''''''' quantitative skills. Students are expected to be able to manipulate and solve different types of problems especially from an algebraic perspective.Learning Objectives1. Identifying and interpreting business-related problems. Converting those identified requirements to a quantitative-styled model.2. Understanding and appreciating the need to solve a variety of business-related problems using a systematic approach involving accepted mathematical techniques.3. Interpreting solutions in the context of the problem.4. Communicating the results of an accepted analysis process clearly and precisely in written format.5. Utilising tools such as calculators to help solve a range of business models. This would be developed by firstly identifying the relevant underlying theory.
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.