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SHAWNEE STATE UNIVERSITY

COURSE SYLLABUS

 

 

BUFI1250-01

Business Mathematics

 

 

Instructor

Jean P Houser, Professor

Phone

351-3670

Office

227 Kricker

E-mail

Jhouser0@windstream.net

Office Hours

M 3:30 3:55 pm

T 3:30 3:55 pm

W 3:30 3:55 pm

R 3:30 3:55 pm

Dept.

Business Dept.

 

 

 

 

Credit Hours:

3

 

Class Location and Meeting Times:

MTWR 4:00 5:53 pm

Kricker 150

 

Materials Needed:

1 Practical Business Math Procedures by Jeffrey Slater, 10th edition.


2 Hand-held calculator

 

3 USB Flash Drive

 

Note: Bring your textbook to each class. If you lack the funds to purchase the textbook and additional materials required for class, either borrow the cash or drop the course and enroll in a subsequent semester after you have saved sufficient money for the materials, or transfer to another section that may not require these materials.

 

Prerequisites:
Math 101 or 1010 or placement


Course Description:

Business Mathematics Emphasis on estimation answers, percentages, reconciliation of a checking account, mark-up, taxes, depreciation, payroll and payroll deductions, inventory evaluations, financial statements, simple and compound interest on investments and loans, and use of calculators.

 

Goals and Objectives:

Students who successfully complete this course should:

  • Have an understanding of and competence in basic math topics such as percentages
  • Have an understanding of and competence in calculating simple and compound interest
  • Have an understanding of the amortization process, depreciation, and balance sheets
  • Have an understanding of and competence in calculating discounts, markups and markdowns
  • Have an understanding of and competence in financial planning, buying, borrowing, saving, budgeting, investing, insurances, and taxes
  • Have an understanding of and competence in checking account reconciliation

 

 

University Disability Statement:

For students who have a specific physical, psychiatric, or learning disability and require accommodations, please let me know early in the quarter so that your learning needs may be appropriately met. By law, it is your responsibility to provide documentation of your disability to the Office of Disability Services, located in the Student Success Center, Massie Hall, (Ph) 351-3594, PRIOR to receiving services.

 

Evaluation:

A letter grade will be determined by the weighted average score of all assignments according to the following structure:

Homework/quizzes 30%

Examinations 70%

 

All projects must be turned in by the next class after they are assigned.

 

You are required to do your own work on all tests and assignments. Any form of cheating may result in a grade penalty or the student being withdrawn from the course as well as dismissal from the University. See page 37 of the Shawnee State University catalog.

Make-Up Tests:

A comprehensive final exam will be administered during the final exam period to all students in the course. Those requiring make-up for tests missed will have the score on the final exam replace missed exam scores and those students, who have not missed a test, will have their score on the final exam replace their lowest test score made during the course.

 

Extra Credit:

Points may be awarded based on attendance, neatness of work turned in, courtesy, completion of homework and similar factors.

Grading Scale: 90 100 A

80 89 B

70 79 C

60 69 D

Below 60 F

 

Attendance:

Every student is responsible for the activities of each class period. Assignments are due as stated on the attached weekly schedule. Late assignments will receive reduced credit.
Legitimate absences do not excuse the student from class responsibilities.

 

Instructional Delivery Method:

Lecture, class discussions, assignments.

 

ADA Statement
Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990 require
Shawnee State University to provide reasonable academic adjustments or accommodations for students with documented disabilities which would not compromise the integrity of the academic program.  Examples of documented disabilities include physical, psychiatric, and/or learning impairments that substantially limit one or more major life activities of the student.  Students seeking academic adjustments or accommodations must self-identify with the Coordinator of Disability Services, Student Success Center, Massie Hall, 740-351-3276.   After meeting with the Coordinator, students are encouraged to meet with their instructors to discuss their needs, and if applicable, any lab safety concerns related to their disabilities.

 

Licensure or Accreditation Statement

N/A

 

Record Retention:

I will retain all student work submitted for grading for two weeks after the end of the quarter, at which time I will put the material through a paper shredder.

 

Payne Protocol:

The instructor reserves the right to modify the syllabus without advance notice.


Tentative material schedule:
Week 1:

Monday Banking Chapter 4

Tuesday Percents and Their Applications Chapter 6

Wednesday Discounts: Trade and Cash Chapter 7

Thursday Test Chapters 4, 6, 7
Week 2:

Monday Markups and Markdowns; Insight into Perishables Chapter 8

Tuesday Simple Interest Chapter 10

Wednesday Promissory Notes, Simple Discount Notes, and Discount Process Chapter 11

Thursday Test Chapters 8, 10, 11
Week 3:

Monday Compound Interest and Present Value Chapter 12

Tuesday How to Read, Analyze and Interpret Financial Reports Chapter 16

Wednesday Depreciation Chapter 17 (1st half)

Thursday Test Chapters 12, 16, 17 (1st half)
Week 4

Monday Depreciation Chapter 17 (2nd half)

Tuesday Inventory and Overhead Chapter 18

Wednesday Stocks, Bonds, and Mutual Funds Chapter 21 (1st half)

Thursday Test Chapters 17, 18, 21 (1st half)
Week 5

Monday Stocks, Bonds, and Mutual Funds Chapter 21 (2nd half)

Tuesday Test Chapter 21 (2nd half)
Wednesday Review

Thursday Final Exam - comprehensive