Business Math

In Business Math, students will explore real world examples of how math applies in almost every decision a business makes. Topics explored include the use of key data to inform business decisions, evaluation of the health of a business, as well as planning for and starting a business.

Algebra, geometry, statistics, and probability appear in careers across industries and trades. This course will provide students with the opportunity to review and apply key mathematical concepts used in a business setting. Major topics include determining profit and loss, compiling business data, interpreting graphs, and applying math concepts to key areas of business including finance, marketing, and management. These topics will provide students with the foundational knowledge needed to evaluate the health of a business and the viability of business ideas.

Through a series of math application practice, case studies, and business simulations, students will be able to hone their math skills and apply them to the business world. Throughout the course, students will engage with classmates through discussions, blog posts, and video note assignments sharing what they have learned. This course will include a personalized case study where students research the viability of starting their own business and pitch their ideas to classmates.

In this Standard-level course, students are expected to invest approximately 6 hours per week on their course work.

Acknowledgements

Successful completion of Algebra 1.
This course contains an end-of-course proctored exam. Instructions for students to identify an appropriate adult proctor are included in the course lessons.

Course Objectives

Course Essential Questions:

What mathematical concepts appear in business?
How does mathematics support the key functions of business?
How can you evaluate the financial health of a business?
How do companies use data to make decisions?

Course Learning Objectives:

Apply key math skills and formulas used in business applications.
Use financial information to make business decisions.
Explore the different ways businesses are organized.
Conduct market research to inform business strategy.

Additional Requirements

Students will need to create work in spreadsheets. Excel version 2016 or more recent and/or Google Sheets are appropriate.
Students will need to access a number of YouTube videos throughout the course.
Students will need to submit certain assignments by uploading videos of themselves presenting work.
A device with a webcam and microphone is required.