Calumet College of St. Joseph
SYLLABUS FOR QUANTITATIVE TOOLS FOR MANAGEMENT

 

Term: Spring, 2001 (002) January 8 - April 21, 2001

Course Number: MGT160X

Instructor: Mr. George Grzesiowski

Office: Room # 516

Office Phone: 219 473-4283

E-mail: ggrzesiowski@ccsj.edu

Home Phone: (219) 362-1696 grzz@csinet.net

Office Hours:

Monday 10:30AM – 7:00PM

Tuesday 8:30AM – 12:00PM

4:30PM - 7:00PM

Wednesday Meetings

Thursday 10:30AM -12:00PM

Friday 8:30AM - 12:00PM

5:00PM - 6:30PM

or, by appointment

Course Time: Tuesday 7:00-10:00 p.m.

 

Course Description: This course introduces students to the mathematical concepts and applications necessary for successful business careers. Topics will include finance charges, cash discounts, commissions, payroll, tax deductions, depreciation, book value, compound interest, net present value, statistics and graphs.

Prerequisites: MTH 100 or equivalent.

Textbooks: Business Mathematics, Miller, Slazman & Hoelzle, 8th ed. Adison Wesley 1999.

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Statement of Plagiarism:

If an instructor or other Calumet College of St. Joseph personnel find that a student has plagiarized or been involved in another form of academic dishonesty, the instructor or other personnel may elect to bring the matter up for judicial review. The maximum penalty for any form of academic dishonesty is dismissal from the College. The procedures for judicial review are listed under the section of CCSJ handbook that addresses student grievances.

Calumet College of St. Joseph adheres to citation guidelines as prescribed by the particular discipline (i.e., MLA, APA, Chicago Manual of Style or Turabian.). All of these guidelines are available in the Calumet College of St. Joseph library or bookstore. These texts outline how to cite references from a variety of sources, including electronic media.

 

 

Withdrawal from Classes Policy:

After the last day for class changes has passed (see College calendar), students may withdraw from a course in which they are registered with permission from the faculty member conducting the course. A written request detailing the reason(s) for the withdrawal must be filed with the Registrar. Written request for withdrawal must be received by the Registrar by the last day of classes prior to the final examination dates specified in the catalogue. Written requests may be mailed to the Registrar or faxed to the College fax number 219-473-4259. Students are to make note of the refund schedule when withdrawing from courses. The request is forwarded to the faculty member, who makes the final determination to accept or deny the request. If the request is honored, the student will receive notification of official withdrawal; if denied, the notification will indicate why the withdrawal is disallowed. Note: Degree Completion Division (DCD) students should consult the DCD Student Handbook for information on DCD withdrawals.

An official withdrawal is recorded as a "W" grade on the student's transcript. Dropping a

course without written permission automatically incurs an "F" grade for the course (see

Refund Schedule).

 

Open Door Policy

Since your learning is my primary concern, it is imperative that anything preventing you from learning be discussed. Please feel free to make an appointment with me or call me so that I can help you keep on track.

Class Policy on Attendance:

Attendance in classes is an important priority. Attendance will affect your participation grade. If you are not here, you are not participating.

Class Policy For Assignments:

Students are expected to have their homework completed on the day it is due. Due dates will be announced in class. Late homework will be assessed a 10% late penalty. Exceptions are granted when a tutor is utilized.

Student Responsibilities:

Students are expected to have read the chapter prior to the lecture. Ask questions!

It is expected that all students will be present on test days. One test retake may be taken during the semester (excluding the final). Missing a test will result in a F with an automatic retake option.

Classroom behavior – The student is expected to treat the instructor and his/her fellow students with respect and courtesy at all times. This means giving your full attention – no private conversations, no catching up on homework assignments, no naps.

 

 

 

 

 

 

 

 

Learning Outcomes/Student Competencies:

Upon completion of the course the student will be able to:

  1. Demonstrate skills in calculation and rounding of whole numbers and decimals.
  2. Perform a bank reconciliation.
  3. Use percentages to make computations.
  4. Compute base, rate, portion and finance charges.
  5. Compute cash discounts on merchandise sales and purchases, calculate trade discounts.
  6. Compute markup and markdown percents on merchandise, calculate sales commissions.
  7. Determine pay for employees, complete a payroll register and worksheet.
  8. Compute tax deductions from gross pay, calculate payroll deductions for social security.
  9. Compute depreciation and book value using straight line, sum of the year digits, declining balance and units of production.
  10. Compute simple interest, ordinary interest and exact interest. Determine bank discounts and compound interest.
  11. Determine present value of amounts and annuities.
  12. Compute simple statistics and frequency distribution.
  13. Construct and read typical line graphs, bar graphs and pie charts.

 

Assessment:

Exams (3 tests) 60% of grade

Class participation/collaboration/attendance 10% of grade

Homework 30% of grade

100%

 

Grading Scale:

A:92-100 A-: 90-91 B+: 88-89 B: 82-87 B-: 80-81 C+: 78-79

C: 72-77 C-: 70-71 D+: 68-69 D: 62-67 D-: 60-61 F: 59 & below

 

 

 

 

 

 

 

Class Assignments:

Class Date Topic-Assignment

1/9 Introduction

Chapter 1 – Rounding

1/16 Chapter 2 – Fractions

1/23 Chapter 3 – Percents

1/30 Chapter 4 – Bank services

Review

2/6 Questions on Chapter 4 homework

Exam 1 – chapters 1 –4

2/13 Chapter 5 Payroll

2/20 Chapter 6 Buying

2/27 Chapter 7Selling

3/6 Chapter 8 Simple Interest

3/13 Questions on chapter 8 homework

Review

Exam 2 Chapters 5 – 8

3/20 Chapter 9 Compound Interest

3/27 Chapter 10 Annuities

4/3 Chapter 11 Business & Consumer Loans

4/10 Chapter 13 Depreciation Chapter 15 Statistics/Graphs

4/17 Final Exam Due..Ch 9,10,11,13,15