Department of Management Sciences

Bahria University, Karachi

Fall Semester-2013

Course Title: Business Mathematics I

(Mathematics I)
Course Code: QTM-110
Credit Hours: 03 Hours
Course Supervisor: Syed Ali Imran
Semester: 1st Semester Course (BBA-1 A, B, C &
D)
Prerequisite: None
Class Started: 02 September, 2013
1. Aims and Objectives:
To introduce the fundamental mathematical
methods for business studies.
To understand about mathematical model and its
applications in business management.
To introduce to the students of this course the basic
mathematical tools to understand the mathematical
concepts and techniques widely used in
Economics, Accounting, Finance, Marketing and
other social sciences.
Students will be able to communicate their
understanding as appropriate with calculation,
words, diagrams and graphs.
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2. Course Contents:
1
2
3
4
5
6
7
8
9
10
11
12
13
14

Introduction for useful mathematical model in business and managerial decisions.

The main difference between Mathematical and Statistical models.
General linear equation and their characteristics.
To develop a linear equation under the given resources and assumptions.
Important components of linear equation.
Techniques to solve systems of linear equations. (various methods)
Concepts of linear function.
Fundamental concepts of mathematical function or linear function
Business applications of linear functions such as break even analysis
Use of linear equation in revenue, profit and cost functions
Quadratic and polynomial functions
Concept of Matrix Algebra and application approach by system of linear equation.
Difference b/w matrix and determinants
Rules of matrix and determinants

3. Text Book:
Frank S. Budnick, Applied Mathematics for Business, Economics, and the Social
Sciences, 4th Edition.
Chapters:

1st, 2nd, 3rd, 4th, 5th, 6th and 9th

4. Reference Books:
1. Gary Clendenen, Stanley Salzman and Charles D. Miller, Business
Mathematics, 12th Edition.
2. Nelda R. Roueche, Virginia Graves and Michael D. Tuttle, Business
Mathematics, 9th Edition.

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5. Grading Plan:
Total
Marks

100

Final Examination
Marks
Midterm Examination
25 Marks
Quizzes
:
Marks

40

Assignment
Marks
Attendance
Marks

15

05

:
15

6. Structure of Examination Papers:

6.1

Final Examination Paper: Final examination paper consists of Objective and

Subjective Sections as given below:

6.2

6.1.1 Objective Section:

This section comprise of 1st question of paper with

ranging from 7.5 to 10 marks, consists of MCQs and
True / False Statement scenarios.

6.1.2 Subjective Section:

This section comprise of 3 to 4 questions of paper with

ranging from 30 to 32.5 marks, may consists of
description, mini case study, exercise questions of
different combinations of mark distribution.

Mid-Term Examination Paper: Mid Term Examination Paper also consists of

Objective and Subjective Sections as given below:

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6.2.1 Objective Section:

This section comprise of 1st question of paper of 5

marks, consists of MCQs and True / False Statement
scenarios.

6.2.2 Subjective Section:

This section comprise of 3 to 4 questions of paper of 20

marks, may consists of description, mini case study,
exercise questions of different combinations of mark
distribution.

6.3 Quizzes: 3 - 4 quizzes will be conducted during the whole Fall 2013 Semester.
(n -1) quizzes policy will be effective for this semester, each quiz comprise of 5 marks.
Note:
If a student absent in any quiz, then s/he has a chance to participate in other quizzes but
in case if a student miss more than one quizzes, then s/he has to provide me authentic
proof regarding his /her absentees in this connection and so his /her performance judge on
the basis of mid term and final examinations.

7. Assignments:
Throughout the semester, I provide you different assignments of different marks of
different form like presentations / exercises / mini case studies. You have to fulfill all
the deadlines of all assignments.
If you fail to submit any deadline of a particular assignment, then 25% marks will be
deducted.

8. Attendance:
75% attendance required to be sitting in Mid term and Final
Examination of Fall 2013 Semester. I distribute
attendance marks as given below:
Marks
5
4
3
2
1
0

Number of Absences
0 to 5
6 to 7
8 to 9
10
11
12
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-: *** Good Luck *** : -

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