Overview
Students planning to study Accounting, Management Science, Finance, Economics, and Marketing will need a solid background of mathematical skills in order to understand, analyze, and solve the types of problems they will encounter in these subject areas. ADMN 100 has been designed to build the quantitative skills that will foster post-secondary success in the online learning environment in all key business areas. It will especially appeal to students who want to upgrade their quantitative skills to the level required to enter a typical degree program in business or economics. In addition to a review of basic arithmetic, statistics, and algebra, students will become familiar with the mathematics of business, management, finance, and investment. The course concludes with an introduction to the basics of accounting. We anticipate that, as a result of first working through ADMN 100, more students will successfully complete business-related degrees in a variety of specializations including Accounting, Finance, Management, Marketing, and Economics offered at Athabasca University and at post-secondary institutions anywhere in the world.
Outline
Each lesson consists of a lesson overview followed by a series of sections, each of which consists of key objectives, required reading(s), and assigned online and written exercises. If course material outside of your textbook is to be reviewed, this will be in the form of lesson notes that you will need to work through. You will complete each lesson by taking an online Quiz that is worth 10% of your final course grade.
ADMN 100 comprises the following ten lessons.
- Lesson 1: Review of Arithmetic
- Lesson 2: Review of Basic Algebra
- Lesson 3: Ratio, Proportion, and Percent
- Lesson 4: Linear Systems
- Lesson 5: Cost-Volume-Profit Analysis and Break-Even
- Lesson 6: Trade Discounts, Cash Discounts, Markup, and Markdown
- Lesson 7: Simple Interest
- Lesson 8: Compound Interest
- Lesson 9: Ordinary Simple Annuities
- Lesson 10: Accounting
Learning outcomes
When you have successfully completed the course, you will have learned how to
- Perform arithmetic calculations that are important in business operations.
- Use algebraic operations and simplification to solve business problems that can be represented by linear equations.
- Apply ratios, proportions, and percentages to a broad variety of business situations.
- Construct cost-volume-profit charts and compute break-even values.
- Apply both arithmetic computation and algebraic manipulation to solve a variety of borrowing and investing problems involving simple interest.
- Apply arithmetic computation and algebraic manipulation to solve problems that involve borrowing and investing funds involving compound interest.
- Solve compound interest problems that entail finding the present value or future value of a series of dollar values called an annuity.
- Be familiar with the key principles and concepts that serve as the basis for accounting practices.
Evaluation
To receive credit for ADMN 100, you must complete one online quiz for each of the ten lessons in the course. Each quiz carries a credit weight of 10% of your final mark. Your course composite grade (the average of the grades you achieve on all ten quizzes) must be D (50 percent) or higher.
| Activity | Weight |
| Lesson 1 Quiz: Review of Arithmetic | 10% |
| Lesson 2 Quiz: Review of Basic Algebra | 10% |
| Lesson 3 Quiz: Ratio, Proportion, and Percent | 10% |
| Lesson 4 Quiz: Linear Systems | 10% |
| Lesson 5 Quiz: Cost-Volume-Profit Analysis and Break-Even | 10% |
| Lesson 6 Quiz: Trade Discounts, Cash Discounts, Markup, and Markdown | 10% |
| Lesson 7 Quiz: Simple Interest | 10% |
| Lesson 8 Quiz: Compound Interest | 10% |
| Lesson 9 Quiz: Annuities | 10% |
| Lesson 10 Quiz: Accounting | 10% |
| Total | 100% |
To learn more about assignments and examinations, please refer to Athabasca University鈥檚 online Calendar.
Materials
Digital course materials
Links to the following course materials will be made available in the course:
Hummelbrunner, S. A., Halliday, K., Hassanlou, A. R. (2021). Contemporary Business Mathematics with Canadian Applications (12th ed.). Toronto: Pearson Canada Inc.
Miller-Nobles, T. L., Mattison, B., Mowbray, G., Meissner, C. A., Johnston, J. L. (2023). Horngren’s Accounting (12th Cdn ed.). Toronto: Pearson Canada Inc.
Other Materials
All other course materials will be accessed online.