B.Com-Accounting & Finance Curriculum - Madras Christian College
B.Com-Accounting & Finance Curriculum - Madras Christian College
B.Com-Accounting & Finance Curriculum - Madras Christian College
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
BUSINESS MATHEMATICS AND STATISTICS - I<br />
Semester - I Total hours: 90<br />
Allied – I Total Credits: 5<br />
Objectives:<br />
Impart sound knowledge on the application of mathematical techniques for business decision-making and logical<br />
reasoning<br />
UNIT I<br />
Algebra – Ratio- Proportion- Arithmetic Progression- Geometric Progression<br />
UNIT II<br />
Interest – Simple Interest- <strong>Com</strong>pound Interest- Discount on bills- Annuities- Annuity certain- Annuity due-<br />
Immediate Annuity- Annuity Contingent- Perpetual Annuity- Deferred Annuity- present Value<br />
UNIT III<br />
Matrix- Definition- Types of matrices- Matrix Operations- Transpose of a matrix- Inverse of a matrix- Solving<br />
simultaneous equations- matrix method- Crammer’s rule.<br />
UNIT IV<br />
Calculus: Differentiation- rules- parametric- Successive differentiation- maxima and Minima- Points of Inflexion-<br />
Application of derivatives in decision- making(excluding trigonometric functions)<br />
UNIT V<br />
Calculus: Integration- Indefinite and Definite integration- Integration by substitution- By parts- Application of<br />
Integration in decision-making (excluding trigonometric functions)<br />
BOOKS RECOMMENDED<br />
1. Sanchetti & Kapoor, Business Mathematics, K G Saur, 1979<br />
2. Draper and Klingman, Mathematical Analysis, Harper & Row, 1986<br />
3. Copper, Business Research methods, R D Irwin, 1985<br />
4. Levine, Business Statistics, Prentice Hall, 1998<br />
5. R.F.J Dewhurst, Mathematics for Accountants and Managers, Prentice Hall<br />
6. Loven Rubin, Kirk Patrik, Quantitative approaches to Management, Sultan Chand, 2004
Change language