Mathematics For Management Sciences Ii
- Sciences
- 100 level
- 2 credit units
- 274 pages
- 16 units
This course, Mathematics for Management Sciences II, is designed to equip students with the mathematical skills necessary for solving problems in the business world. It covers topics such as sets, functions, calculus, linear programming, and financial mathematics. The course aims to provide a solid foundation in mathematical techniques and models relevant to business management and decision-making.
About this course
- Difficulty
- Intermediate
- Study hours
- 150 hours
- Maths
- Intermediate
- Content
- Theoretical, problem solving
- Practical work
- No
- Assignments
- Tutor marked assignments
- Final examination
What you'll read
The real module and unit structure of MTH106, taken from the course material NOUN publishes.
One paragraph, so you can see how it reads
MTH106 · UNIT 1: SETS & SUBSETS
Every unit contains a list of references and further reading. Try to get as many as possible of those textbooks and materials listed. The textbooks and materials are meant to deepen your knowledge of the course.
What you should be able to do
- Apply set theory to business problems
- Solve simultaneous equations
- Apply calculus to optimization problems
- Use linear programming for resource allocation
- Calculate present and future values of annuities
- Apply matrix algebra to business decision-making
- Understand basic probability concepts
What it prepares you for
- Financial Analyst
- Management Consultant
- Operations Manager
- Investment Banker
- Project Manager
- Banking
- Finance
- Manufacturing
- Logistics
- Consulting
Where it gets hard
The units students slow down on, and what makes each one heavy.
- MODULE THREE
Unit 5: Integration of Powers of Trigonometric functions
Advanced calculus integration techniques require strong mathematical foundation
- Module Two
Unit 4: Mathematical Programming (Linear Programming)
Linear programming requires understanding of constraints and optimization techniques.
A suggested way through it
13 weeks, about 104 hours in total. Yours will differ.
- Week 1Module One
Unit 1: Sets & Subsets · 8 hours
Define sets and subsets. Rewrite sets using different notations. Identify different kinds of sets.
- Week 2Module One
Unit 2: Basic Set Operations · 8 hours
Compare sets. Assign new sets based on comparability. Represent relationships using Venn diagrams.
- Week 3Module One
Unit 3: Set of Numbers · 8 hours
Represent numbers on the real line. Perform set operations on intervals. Understand properties of real numbers.
- Week 4Module One
Unit 4: Functions · 8 hours
Identify functions from statements and diagrams. Determine if a function is one-to-one or onto. Find composition of functions.
- Week 5Module Two
Unit 1: Annuity · 8 hours
Define annuity and future values. Calculate future value of an ordinary annuity. Calculate present value of an ordinary annuity.
- Week 6Module Two
Unit 2: Cash Flow · 8 hours
Define cash flows. Discuss classification of cash flow. Discuss how to manage cash flow.
- Week 7Module Two
Unit 3: Sinking Fund · 8 hours
Define sinking fund. Discuss simple and compound interest. Discuss features and types of debt instruments.
- Week 8Module Two
Unit 4: Mathematical Programming (Linear Programming) · 8 hours
Explain requirements for linear programming. Highlight assumptions of linear programming. Identify areas of application.
- Week 9MODULE THREE
Unit 1: Computation of Areas by Calculus · 8 hours
Compute areas by calculus. Define partition of a closed interval. Compute area as limits.
- Week 10MODULE THREE
Unit 2: Definite Integral · 8 hours
Define definite integral. State the fundamental theorem of integral calculus. Evaluate definite integrals.
- Week 11MODULE THREE
Unit 3: Indefinite Integral · 8 hours
Evaluate indefinite integral as anti-differentiation. Recall properties of indefinite integration. Integrate differential equations.
- Week 12MODULE THREE
Unit 4: Integration of Transcendental functions · 8 hours
Derive formula for integrating rational functions. Evaluate integrals of trigonometric functions. Evaluate integrals using inverse trigonometric functions.
- Week 13MODULE THREE
Unit 5: Integration of Powers of Trigonometric functions · 8 hours
Evaluate integrals involving powers of trigonometric functions. Evaluate integrals involving products of even powers of sines and cosines. Develop techniques for evaluating integrals of trigonometric functions.
Preparing for the exam
- Review all definitions and theorems related to sets and functions
- Practice solving simultaneous equations and linear inequalities
- Focus on applying calculus to optimization problems
- Work through examples of linear programming problems
- Understand the formulas for annuities and sinking funds
- Practice matrix operations and their applications
- Review basic probability concepts and formulas
Questions students ask about this course
What is MTH106 about?
This course, Mathematics for Management Sciences II, is designed to equip students with the mathematical skills necessary for solving problems in the business world. It covers topics such as sets, functions, calculus, linear programming, and financial mathematics. The course aims to provide a solid foundation in mathematical techniques and models relevant to business management and decision-making.
How many units does MTH106 have?
MTH106, Mathematics For Management Sciences Ii, has 16 units across 4 modules, over 274 pages of course material. You can read it one unit at a time.
How many credit units is MTH106?
MTH106 carries 2 credit units, at 100 level in Sciences.
Is MTH106 hard?
MTH106 is rated intermediate level, with intermediate mathematical content. It is mostly theoretical and problem solving work.
How long does MTH106 take to study?
About 150 hours of study, spread across its 16 units.
How is MTH106 assessed?
MTH106 is assessed by assignments, tutor marked assignments and final examination.
What can I do with MTH106?
Financial Analyst, Management Consultant, Operations Manager, Investment Banker and Project Manager.