Business Mathematics Essentials

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Overview

If you are looking for a cost and time efficient way to improve your skills, the Mathematics Essentials Courses will train you with the foundations courses to some of our certificate programs.


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Courses

MBF101
Mathematics of Business and Finance
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Prerequisite(s):

No required prerequisite, but students should have Grade XII English and Mathematics.

This course provides students with the fundamentals of mathematics of business and finance. Following the introduction of concepts of present and percent change, simple and compound interest rates will be discussed. Compound interest rates will be applied to the study of annuities. Students will also learn important models of business mathematics, such as currency conversion, trade discounts, markups and markdowns, break-even and cost-volume-profit analysis.




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QNM222
Business Statistics
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Prerequisite(s):

Successful completion of MBF101.

The statistical methods of collection, analysis, presentation and interpretation of quantitative data used for making generalizations, projections and decisions under uncertain conditions are introduced. Emphasis will be on the use of both descriptive and inferential statistical techniques within the workplace. Students will utilize spreadsheet software to present and analyse data.




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QNM444
Quantitative Approaches to Decision Making
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Prerequisite(s):

QNM222 - Business Statistics

This course applies the basic knowledge of statistics developed in QNM222 to several important decision-making applications including hypothesis testing, regression and correlation analysis, linear programming, and time series.




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As of September 2018, MBF101 will replace QNM 106. If students have taken QNM 106 already, they do not need to take MBF101.

Program Contacts

Belinda Becker
Program Assistant
Belinda.Becker@senecacollege.ca
416-491-5050 ext.22797


Jean-Pierre Patry
Academic Program Manager
Jean-Pierre.Patry@senecacollege.ca
416-491-5050 ext.24030