Course

Course Summary
Credit Type:
Course
ACE ID:
CFTA-0018
Organization:
Center for Financial Training
Location:
Classroom-based
Length:
11 weeks (46.35 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Business Math
Description

Objective:

The course objective is to provide comprehensive coverage of personal and business related math topics.

Learning Outcomes:

  • Understand how ratios, payments, interest, etc. are calculated
  • Understand how gross and net pay are calculated
  • Understand the different types of banking accounts and how business math applies to them
  • Calculate mortgage payments, including insurance costs
  • Calculate life insurance premiums
  • Estimate technology costs
  • Understand employee recruitment expenses, including the cost of part-time vs. full-time employees
  • Calculate loan payments and interest
  • Understand the cost of credit

General Topics:

  • Whole numbers, how to dissect and solve word problems, fractions, decimals, banking, percents and their applications, discounts: trade and cash, markups and markdowns, payroll, simple interest, promissory notes, and compound interest
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Computer Based Training
  • Discussion
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Quizzes

Minimum Passing Score:

70%
Supplemental Materials

Other offerings from Center for Financial Training

Accounting
(CFTA-0005)
Analyzing Financial Statements
(CFTA-0002)
Business Communication
(CFTA-0003)
Business Math
(CFTA-0018)
Commercial Lending
(CFTA-0006)
Consumer Lending
(CFTA-0007)
Economics
(CFTA-0008)
Financial Accounting
(CFTA-0022)
Human Relations
(CFTA-0009)
Human Resource Management
(CFTA-0025)
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