COURSE SYLLABUS COURSE IDENTIFICATION. Course Prefix/Number: BUSI 106
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1 COURSE SYLLABUS COURSE IDENTIFICATION Course Prefix/Number: BUSI 106 Course Title: BUSINESS MATH Division: Applied Science Division Program: Business, Office and Information Systems Credit Hours: 3 Initiation/Revised Date: Fall 2010 Assessment Goal per Outcome(s) 70% CLASSIFICATION OF INSTRUCTION Vocational COURSE DESCRIPTION This course is designed as a review of individual skills and knowledge in fundamental mathematical processes and the application of these processes to business procedures. Emphasis is placed upon topics necessary for an understanding of various business procedures. PREREQUISITIES AND/OR COREQUISITES None TEXTS Practical Business Math Procedures, Slater. Ninth Edition COURSE COMPETENCIES/ OUTCOMES At the end of this course, the student should be able to: Outcome 1: fundamentals. Demonstrate an understanding for knowledge base business math 1. The student will read, write, round, add, subtract, multiply, and divide whole numbers. 2. The student will convert standard numbers (U.S.) into metric equivalencies and convert metric equivalencies into standard numbers (U.S.). 3. The student will apply percentage (portion formula) to solve.
2 Outcome 2: Outcome 3: Apply business math fundamentals to various business applications. 1. The student will determine trade and cash discounts. 2. The student will determine markups and markdowns. 3. The student will calculate various types of employees' gross pay. 4. The student will calculate various types of depreciation methods of plant assets. 5. The student will demonstrate an understanding of corporate stocks, bonds, and mutual funds. 6. The student will read, analyze, and interpret financial reports. 7. The student will demonstrate an understanding of business statistics. Apply business math fundamentals to various personal applications. 1. The student will determine simple interest and maturity value. 2. The student will determine the discount process and simple discount notes. 3. The student will determine compound interest and present value. 4. The student will demonstrate an understanding of annuities and sinking funds. 5. The student will demonstrate an understanding of installment buying and revolving charge credit cards. 6. The student will determine the cost of life, fire, and auto insurance. 7. The student will demonstrate an understanding of sales, excise, and property taxes. 8. The student will demonstrate an understanding of the cost of owning a home. COURSE OUTLINE 1) Whole numbers; how to dissect and solve word problems 2) Fractions 3) Decimals 4) Banking 5) Solving for the unknown 6) Percents and their applications 7) Discounts: Trade and cash 8) Markups and markdowns 9) Payroll 10) Simple Interest 11) Promissory notes, simple discount notes, and the discount process 12) Compound interest and present value 13) Annuities and sinking funds 14) Installment buying, rule of 78, and revolving charge credit cards 15) The cost of home ownership
3 16) How to read, analyze, and interpret financial reports 17) Depreciation 18) Sales, excise, and property taxes 19) Life, fire, and auto insurance 20) Stocks, bonds, and mutual funds 21) Business statistics INSTRUCTIONAL METHODS 1. Illustration and demonstration of solutions to various problems. 2. Student participation through classroom or online discussions, board presentations, and drills. 3. Students will be assigned problems to complete from the textbook. 4. Students should have access either to a calculator or to a software package utilizing calculator functions. STUDENT REQUIREMNETS AND METHOD OF EVALUATION The student is expected to participate in class and complete the following: 1. Course assessments. 2. Short quizzes. 3. Assignments. 4. Course discussions GRADING SCALE Average letter grades or accumulated points are converted to a final letter grade. The following scale is suggested: % = A; 80 89% = B; 70-79% = C; 60 69% = D ASSESSMENT OF STUDENT GAIN INSTITUTIONAL ASSESSMENT OF GAIN. All incoming first-time full-time students are required to pre-test by using either the COMPASS or ACT test as a testing tool. All graduating sophomore students are given a post-test by using the NCCC Exit Exam testing tool. The purpose of the pre/post test is to measure the average student gain in general academic knowledge while attending Neosho County Community College. PROGRAM ASSESSMENT OF GAIN. The Marketing/Management Education Department performs follow-up contacts on program completers one year after awarding program certificates. Placement in a vocation, successfully attending a higher level of institutional learning, or military service is considered a
4 positive placement. The minimum acceptable level of placement is 70 percent. A program assessment tool may also be used by the Marketing/Management Department to assess mastery of program outcomes. An 80 percent proficiency or higher is major program outcomes is sought. COURSE ASSESSMENT OF GAIN. Pre-assessment of all students is done during the first two weeks of the course either by oral interview or written test. Students must achieve a course percentage score of 70 percent to satisfactory complete the course based on the course evaluation method. Attendance Policy Absences that occur due to students participating in official college activities are excused except in those cases where outside bodies, such as the State Board of Nursing, have requirements for minimum class minutes for each student. Students who are excused will be given reasonable opportunity to make up any missed work or receive substitute assignments from the instructor and should not be penalized for the absence. Proper procedure should be followed in notifying faculty in advance of the student s planned participation in the event. Ultimately it is the student s responsibility to notify the instructor in advance of the planned absence. Unless students are participating in a school activity or are excused by the instructor, they are expected to attend class. If a student s absences exceed one-hundred (100) minutes per credit hour for the course or, in the case of on-line or other non-traditional courses, the student is inactive for one-eighth of the total course duration, the instructor has the right, but is not required, to withdraw a student from the course. Once the student has been dropped for excessive absences, the registrar s office will send a letter to the student, stating that he or she has been dropped. A student may petition the chief academic officer for reinstatement by submitting a letter stating valid reasons for the absences within one week of the registrar s notification. If the student is reinstated into the class, the instructor and the registrar will be notified. Academic Integrity NCCC expects every student to demonstrate ethical behavior with regard to academic pursuits. Academic integrity in coursework is a specific requirement. Definitions, examples, and possible consequences for violations of Academic Integrity, as well as the appeals process, can be found in the College Catalog, Student Handbook, and/or Code of Student Conduct and Discipline. VOCATIONAL/CAREER COURSE DOCUMENTATION This course is one course from the approved program in Vocational Business/Office Education. It is taken by those who wish to further develop business skills and by those who seek positions in the administrative office field.
5 ADVISORY COUNCIL INVOLVEMENT The Business/Office Education program maintains a Board of Reference for this vocational component. The coordinator communicates with the Board on a regular basis concerning issues or problems that occur and meets with the group one or two times each year. Cell Phone Policy Student cell phones and pagers must be turned off during class times. Faculty may approve an exception for special circumstances. NOTE Information and statements in this document are subject to change at the discretion of NCCC. Changes will be published in writing and made available to students. NOTE: If you are a student with a disability who may need accommodation(s) under the Americans with Disabilities Act (ADA), please notify the Director of Advising and Counseling, Chanute Campus, Student Union, ext 280 or the Dean, Ottawa Campus, ext 312, as soon as possible. You will need to bring your documentation for review in order to determine reasonable accommodations, and then we can assist you in arranging any necessary accommodations.
Applied Science Division Marketing/Management Credit Hours: 3 Initiation/Reviewed Date: Fall 2012 Assessment Goal per Outcome (s) 70%
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