Business Math [MIB]

2015-2016
Course Code 5803
Module Module A
Instructors Luis Escamilla
Chase Kusterer
Email chase.kusterer@faculty.hult.edu
Skype chase.kusterer
Availability See webinars times in mycourses.hult.edu/
Class Times and Online course: see mycourses.hult.edu/
Rooms

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Course Description
This course develops students knowledge of mathematics in the context of business
decision making.
The self-study nature of this course will help developing learner independence and, build
discipline and a habit for preparation that will make students better equipped to success at
a Masters degree level.
The course has a large practical element where students are encouraged to use their
mathematical skills: the aim is to provide students with the confidence as well as
competence to operate successfully in their future studies.
Specifically, the course aims are:
Deepen knowledge and ideas about mathematical techniques in business.
Build confidence in solving business problems numerically and algebraically.
Apply subject-specific language successfully in business disciplines.
Facilitate the transition from undergraduate to post-graduate learning environment.
Develop problem-solving capabilities to experiment and produce business findings.

Learning Objectives
Key Assessed Learning Outcomes
1. Understand the importance of data-driven decision making and develop a logical and
analytical thinking.

2. Propose the most appropriate technique for a given business problem, recognizing its
merits and limitations.

3. Apply mathematics in real-world business situations by using analytical techniques

and mathematical modeling.

Teaching and Learning

This a unique and hybrid course delivered online composed by asynchronous self-study and
two synchronous webinars. The learning for this course will happen through of adaptive
online lectures, checkpoint quizzes and peer-assessments.

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Method and weighting of assessment

In this course, students are evaluated by the following means of assessment.
Description of Assessment
Sales Forecast [Peer-assessed]

Weight
50%

Due Date
Week 6
Refer to myCourses for specific date

Final Exam

50 %

Two options:
Option A: week 6
Option B: week 8
Refer to myCourses for specific date

Attendance, Participation and Student Responsibilities

Important expectations for Hult students are set forth in the Student Handbook and
summarized below. Please consult the Handbook for more details.

Attendance
There are two webinars scheduled for this course aimed to provide further clarification
behind the logistics, grading criteria, forms of assessments, course delivery and system
functionality. Students are highly encouraged to join the webinars.
The online platform provides a discussion forum where students are encouraged to ask
clarification questions and get answers and advice from other participants in the course. By
actively participating in this forum, students will enhance further their understanding of the
topics and will improve indirectly their questioning and writing skills.

Academic Integrity
Any work submitted by a student in this course for academic credit must be the student's
own work. The Hult policy on plagiarism applies to all work done at the School. In addition,
any failure to abide by examination rules will result in failure of the exam, and may lead to
failure of the course and School disciplinary action. Please consult the Student Handbook for
further details.1
All students participating in this course must agree to abide by the following code of conduct:

My answers to homework, quizzes, exams, projects, and other assignments will be

my own work (except for assignments that explicitly permit collaboration).

These web sites provide helpful guidance regarding plagiarism and how to cite sources:
http://library.acadiau.ca/tutorials/plagiarism/, http://www.plagiarism.org/learning_center/citation.html

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I will not make solutions to homework, quizzes, exams, projects, and other
assignments available to anyone else (except to the extent an assignment explicitly
permits sharing solutions). This includes both solutions written by me, as well as any
solutions provided by the course staff or others.

I will not engage in any other activities that will dishonestly improve my results or
dishonestly improve or hurt the results of others.

Course Materials and Course Topics

Materials
Required Software

Microsoft Excel 2016 [2013 is also accepted] with Solver and Analysis Toolpak add-ons.
Contact your Technology Department to seek help to install Excel using your
@student.hult.edu account.

Topics Covered
1. Introduction to Statistics and Excel Boot Camp
2. Sampling Techniques
3. Confidence Interval and Hypothesis Testing
4. Regression Analysis
5. Times Series Forecasting

Course Outline
Webinar 1

Time 1 hour

Topic Course and technology introduction

Preparation Read syllabus

Complete installation of Data Analysis Toolpak

Description This session will mark the kick-off of the course, we will clarify
further the structure, delivery methods, forms of assessment and
timeline for completion

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Self-Study 4-8 weeks

Time ~80 hours

Topic All topics

Preparation Browse through the lectures, video, quizzes and other

material in the online platform

Engage in online discussions forums to seek and give
clarification
Description Students will study on their own time the material for this course.
Completion of the checkpoint quizzes will provide immediate
feedback about the readiness to move into a next topic.

Webinar 2

Time 1 hour

Topic Half-mark check

Preparation Aim to have completed at least 50% of the online course
Description In this synchronous webinar, we will take a pause to reflect on the
prior learning made. Further details about the proctored exam will
be shared and we will also share status of completion at the
aggregate level.

Proctored Two Options:

Exam
Week 6/7

Time 90 minutes

Week 8
Refer to myCourses
for date details.
Topic Final Exam
Preparation Successful and timely completion of the online course and

material review, plus achieving satisfactory grades in the

check-point assessments will give enough preparation to
complete this test
Description In a proctored and supervised environment, students will sit a test
to demonstrate their mastery of the topics covered in this course.

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