MTH065 - Foundations of Business Math

Outline info
Last revision date 2017-08-29 14:18:30.556
Last review date 2017-08-29 14:18:30.557

Subject Title
Foundations of Business Math

Subject Description
This course provides a review of basic arithmetic and algebra as well as providing students with mathematical tools and concepts needed for other college courses and in future employment. This course is to prepare students for later courses in Business, Finance and Accounting.

Credit Status

Learning Outcomes
Upon successful completion of this subject the student will be able to:

1. Simplify arithmetic expressions using the order of operations
2. Convert fractions to percent and decimal equivalents
3. Calculate gross earnings
4. Solve problems including averages, sales tax, and property tax
5. Solve linear equations and word problems in one variable
6. Solve single percent change problems
7. Solve problems involving percent change

Essential Employability Skills
Respond to written, spoken, or visual messages in a manner that ensures effective communication.

Execute mathematical operations accurately.

Apply a systematic approach to solve problems.

Use a variety of thinking skills to anticipate and solve problems.

Analyze, evaluate, and apply relevant information from a variety of sources.

Show respect for diverse opinions, values, belief systems, and contributions of others.

Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals.

Manage the use of time and other resources to complete projects.

Take responsibility for one's own actions, decisions, and consequences.

Cheating and Plagiarism
Each student should be aware of the College's policy regarding Cheating and Plagiarism. Seneca's Academic Policy will be strictly enforced.

To support academic honesty at Seneca College, all work submitted by students may be reviewed for authenticity and originality, utilizing software tools and third party services. Please visit the Academic Honesty site on for further information regarding cheating and plagiarism policies and procedures.

All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.



Topic Outline
Operations with whole numbers, fractions, decimals, and percents
Operations with integers and exponents
Operations with algebraic expressions and equations
Operations with fractional expressions and formulae

Mode of Instruction
All class work is completed in a fully online environment. Students do not attend any classes on campus; however, the final exam must be written in-person at the Test Centre.

* Students interested in pursuing online courses must have strong time management skills and regular access to a home or office computer with a reliable Internet connection and web access.

Teaching and Learning Methods:
To ensure that students are engaged as much as possible in the learning process, instructors can use such teaching methods as class and small group discussions, essays and research, individual and group presentations, readings, lectures, workshops, in-class exercises, and/or web-based instruction. The mode of delivery will dictate the most appropriate teaching methods available to an instructor.

Prescribed Texts
Textbook 1:
Daisley, Et Al. Mathematics of Business and Finance, Text/Ebook/Access Code, 3rd Edition. Published by Vretta Inc. ISBN: 9781927737217
(This is for the hard copy of the textbook and e-book and access code for 1 year.)  


Textbook 2:
Daisley Et Al. Mathematics of Business and Finance, Ebook/Access Code, 2nd Edition. Published by Vretta Inc. ISBN: 9781927737064
(This is for the e-book and access code only! This does not include the hard copy of the textbook. The e-book is the same as the hard copy.)

Reference Material

Required Supplies

Promotion Policy

Grading Policy
A+ 90%  to  100%
A 80%  to  89%
B+ 75%  to  79%
B 70%  to  74%
C+ 65%  to  69%
C 60%  to  64%
D+ 55%  to  59%
D 50%  to  54%
F 0%    to  49% (Not a Pass)
EXC Excellent
SAT Satisfactory
UNSAT Unsatisfactory

For further information, see a copy of the Academic Policy, available online ( or at Seneca's Registrar's Offices.

Modes of Evaluation
To be successful in this course, you must complete all course work as specified and achieve an overall grade of 50% or higher. For further information, see a copy of the Academic Policy, available online ( or at Seneca's Registrar's Offices.

Term Work:
The term work for Online sections will constitute 80% of the final grade. The instructor’s class schedule will indicate the nature of the weekly activities as well as the assignments, their due dates, and their value. All assignments must be correctly documented and follow the criteria established by the instructor, unless otherwise notified.
All term work assignments must be completed prior to the time of the final exam or last class.  Students must contact faculty in advance of the assignment due date to discuss the possibility of an extension.  Late assignments may be subject to the awarding of a penalty resulting in a lower grade assigned. 

Final Examination:
The final examination for Online sections will constitute 20% of the final grade.

Grading scheme:

Test #1 15% (online)
Test #2 20% (online)
Test #3 20% (online) 
Test #4/Final Exam 20% (online) 
Online Labs 10%  
Weekly discussions 15%

*Completion of MTH065 with a grade of B or higher is the admissions requirement for MTH079.

Student Success:
Please access the course at least twice every week (or more) and keep up with assigned readings. Make sure you participate in online discussions and hand in any assigned work on time. Following these suggestions will increase your chances of success.

Approved by: Fiona Bain-greenwood