MMD1550 Introductory mathematics for business
Faculty of Business and Economics
MMD1550 Introductory mathematics for business is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2027 in Semester 2 at Malaysia. It has no prerequisites.
- Credit points
- 6
- Offered in 2027
- Semester 2
- Malaysia
- Assessment
- No exam
- 4 tasks
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Requisites
Before MMD1550
No prerequisites or corequisites besides the enrolment rules below.
After MMD1550
No unit lists MMD1550 as a prerequisite in the 2027 handbook.
Enrolment rules
You must be enrolled in B0601 to undertake this unit.
Overview
This unit is designed for students pursuing a career in business. It provides the required mathematical concepts essential for business decision-making and problem-solving. The topics covered include algebraic methods, functions, series, financial mathematics, optimization techniques, probability and applications in business operations. The goal is to equip you with the skills to use mathematics in real-world business scenarios.
Offerings in 2027
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Malaysia | On campus |
| October intake teaching period, Malaysia campus | Malaysia | On campus |
Assessment
- Quiz / Test20%
- Quiz / Test20%
- Written25%
- Portfolio35%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
identify algebraic and financial mathematics principles used in business decision-making
- 2
explain financial concepts and perform related calculations and graphical analyses using mathematical methods
- 3
apply mathematical functions, optimisation, matrices, and inequalities in business operations
- 4
manage priorities while applying entrepreneur and analytical skills to solve business maths problems and make financial decisions.
Workload and teaching
- Tutorials48 hours
- Teaching approachEnquiry-based learning
- Teaching approachActive learning
- Teaching approachCase-based teaching
This unit engages you in enquiry-based learning, where you will be encouraged to use your own knowledge to develop and engage in a process of enquiry, study and research to identify areas to be investigated and an approach to doing so.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
Contacts
- Chief Examiners
- Sheila Chakrabarty
Common questions
What are the prerequisites for MMD1550?
MMD1550 has no prerequisites, but enrolment rules apply.
When is MMD1550 offered?
In 2027, MMD1550 runs in Semester 2 at Malaysia.
Does MMD1550 have an exam?
No. MMD1550 has 4 assessment tasks and no exam.