Credits: 6

Schedule: 15.04.2019 - 29.05.2019

Teacher in charge (valid 01.08.2018-31.07.2020): 

Panu Erästö

Teaching Period (valid 01.08.2018-31.07.2020): 

Period V (2018-2019) Otaniemi campus

Period V (2019-2020) Otaniemi campus

Learning Outcomes (valid 01.08.2018-31.07.2020): 

On this course, the student improves his/her skills in applying mathematical methods and tools to solve business problems, and obtains theoretical foundations for reading advanced finance and management science literature. After the course, the student will understand the basics of mathematical reasoning. He/she will also be able to build optimization models and solve them by using Excel.

Content (valid 01.08.2018-31.07.2020): 

Euclidian spaces, sets and relations, logic, theorems and proofs, convex functions and sets, basics of linear, integer, and nonlinear optimization, stochastic modeling (time permitting).

Assessment Methods and Criteria (valid 01.08.2018-31.07.2020): 

Final exam 40 % and homework assignments 60%.

Workload (valid 01.08.2018-31.07.2020): 

Lectures 30h, individual work 132 h.

Study Material (valid 01.08.2018-31.07.2020): 

Lecture slides, assignments

Substitutes for Courses (valid 01.08.2018-31.07.2020): 

30C003500 Mathematics II, 30C00300 Mathematical Methods for economists

Course Homepage (valid 01.08.2018-31.07.2020):

Prerequisites (valid 01.08.2018-31.07.2020): 

30A03000 Introduction to business mathematics or an equivalent course,


Grading Scale (valid 01.08.2018-31.07.2020): 


Registration for Courses (valid 01.08.2018-31.07.2020): 

Via WebOodi

Further Information (valid 01.08.2018-31.07.2020): 

Only one of the courses 30C003500 Mathematics II, 30C00300 Mathematical Methods for economists and 30C00355 Business Mathematics can be completed


Registration and further information