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Foundation Diploma in Mathematics - Business and Commerce

Learn more about algebra, equations, calculus, probability, statistics, and matrices, with this business math course.

Core Maths Skills
Free Course
Business mathematics is essential for recording and managing business operations for commercial enterprises. It is used in accounting, inventory management, marketing, sales forecasting, and financial analysis. This course provides students with the mathematical knowledge and computational and analytical skills needed to study Business or Commerce at third-level. This will open up a broad range of career opportunities for you around the world.

Description

Outcome

Certification

View course modules

Description

This course begins by introducing you to large numbers, decimals, and indices. You will study algebra and learn to rearrange formulas and factoring as well as look into equations, functions, and graphs. You will study calculus including the basic differentiation of y = x^n, the differentiation of polynomials, product rule, quotient rule, and chain rule. You will also cover the second derivative, differentiation and turning points, differentiation of logarithms, basic integration, and the integral sign.

You will then study probability and the binomial distribution, and learn about arrangements and selections. The course will discuss matrices and determinants, and teach you how to operate with matrices. You will study statistics including histogram, mean of grouped frequency tables, cumulative frequency, the Ogive, and Quartiles. Finally, this course will discuss business mathematics and cover the calculation of interest rate and principal, compound interest and annual equivalent rate, compound interest APR with credit cards, and savings and amortization.

Mathematics is incredibly useful in all aspects of everyday life as it helps one's ability to think logically and solve problems. Businesses use math to record, classify, summarize, and analyze business transactions. This course will teach you foundation level maths for business and commerce. By the end of this course, you will be much more confident in recording and managing business operations. These are great skills, which you can start learning today.

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Learning Outcomes

After completing this course students will understand and be skilled in the following mathematics topics: - Large Numbers in Standard Form; - Changing Decimals to Standard form; - Changing Large Numbers from Standard Form; - Changing Small Numbers from Standard Form; - Working with Indices; - Positive Fractional Indices - All Types; - Negative Fractional Indices; - Rearranging Simple Formulae; - Rearranging Simple Formulae – 2 Steps; - Solving Simultaneous Equations Graphically; - Expanding any Two Brackets; - Factorising Quadratics; - Factorising – Difference of Two Squares; - Equations With Linear Functions in the Denominator; - Quadratic Equations Both Bracketsthe Same Sign; - Quadratic Equations Brackets With; - Different Signs; - Quadratic Equations Using the Formula; - Use of the Discriminant; - Equations with Indices; - Logarithmic Equations; - Plotting Quadratic Graphs from a Table of Values; -Plotting Cubic Graphs from a Table of Values; - Plotting Reciprocal Graphs from Table of Values; - Basic Differentiation of Differentiation of Polynomials; - The Product Rule; - The Quotient Rule; - The Chain Rule; - Second Derivative; - Differentiation and Turning Points; - Differentiation of Logarithms; - Basic Integration; - The Integral Sign; - Harder Integration; - Definite Integration; - Area between lines; - Arrangements; - Arrangements and Selections - The Binomial Distribution; - Basic Information About Matrices; - How to Operate With Matrices; - Determinants; - Using Matrices When Solving System of Equations; - Histograms – Understanding Areas; - Mean of Grouped Frequency Tables; - Cumulative Frequency and the Ogive; - Cumulative Frequency, Quartiles; - Simple Interest – Calculating the Interest; - Simple Interest – Calculating the Rate; - Simple Interest – Calculating the Principal; - Simple Interest – Calculating the Time; - Introducing Compound Interest; - Compound Interest and Annual Equivalent Rate; - Compound Interest APR with Credit Cards; - Present Value – Working Out Future Value; - Present Value – Harder Example; - Present Value - Amortization; - Savings and Amortization.

Certification

All Alison courses are free to enrol, study and complete. To successfully complete this Diploma course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Diploma course, you have the option to acquire official Certification, which is a great way to share your achievement with the world. Your Alison Certification is:

Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive to you to continue empowering yourself through lifelong learning

Alison offers 3 types of Certification for completed Diploma courses:

Digital Diploma - a downloadable Diploma in PDF format, immediately available to you when you complete your purchase
Diploma - a physical version of your officially branded and security-marked Diploma that is posted to you (with FREE standard shipping worldwide)
Framed Diploma - a physical version of your officially branded and security-marked Diploma in a stylish frame that is posted to you (with FREE standard shipping worldwide)

All Certification is available to purchase through the Alison Shop. For more information on purchasing Alison Certification, please visit our faqs. If you decide not to purchase your Alison Certification, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certification pricing, please visit our Pricing Page.

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