Mathematics for Management

Matrices, linear systems of equations, sequences, series, the limits of financial mathematical applications, functions with a variable, differentiation, integration, functions with several variables, introduction to descriptive statistics, basic concepts, averages, measures of dispersion, distribution, index numbers, correlation, linear regression

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Böhm, W. (2009): Mathematik für Wirtschaft and Management, Wien: MBS; Alt (2012): Mathematik eine Einführung für Wirtschaftswissenschaftler Mathematics for Economics and Business, 7/E Ian Jacques (BEWE)

Planned learning activities and teaching methods

Classroom teaching, practical exercises, lecture

Assessment methods and criteria

Continuous assessment

Prerequisites and co-requisites

Infos

Degree programme

European Economy & Business Management (Bachelor)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

German

Curriculum

Full-Time

Academic year

2022

Semester

1 WS

Incoming

No

Learning outcome

After successful completion of the course, students can explain basic mathematic methods of financial mathematics, linear algebra as well as one- or multidimensional analyses; they can also apply these to problems in business sciences. Furthermore, students can apply basic analytical methods of descriptive statistics, i.e. location, distribution and dependency levels of statistical frequency, and calculate and interpret probability distributions. These learning outcomes mainly contribute to the following (international) programme learning outcomes: LO 4.1. methodology

Course code

0389-20-01-VZ-DE-04