Mathematics and Natural Sciences

Structure Type: Module
Code: TIA0400
Type: Compulsory
Level: Bachelor
Credits: 6.0 points
Responsible Teacher: in
Teacher Team: Lautamäki, Satu
Language of Instruction: English

Learning Outcomes

The student understands the necessity of mathematical methods in modern business environment.
The student masters the basic skills in mathematical methods and has the knowlegde of advanced methodologies.
The student can apply basic methods in everyday business environment.

Student's Workload

Total work load of the course: 162 h
- of which scheduled studies: 80 h
- of which autonomous studies: 82 h

Prerequisites / Recommended Optional Courses

There are no prerequisites.


The course consists of two parts:

* Business mathematics and financial mathematics: student learns the basic methods used in everyday business calculations.

* Financial mathematics: student learns more advanced financial calculations

Regional Impact

There are various companies operating in the region and suitable cases are used in classes.


International learning environment. Suitable cases about financial methods and situations in other countries.

Recommended or Required Reading

Lecture notes given in the course.

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures and exercises

Assessment Criteria

5 = The student is able to utilise theories, concepts and methods consistently in various situations.
3 = The student is able to utilize essential concepts in single situations and assignments and understand the theories on which the assignments are based.
1 = The student is able to recognise and understand the essential theories, principles and methods.

Assessment Methods

The evaluation of the course is based on the student activity to participate to exercises and on the test result.