C03 fundamentals of business mathematics
Syllabus overview
This paper primarily deals with the tools and techniques to understand the mathematics associated with managing business operations. Probability and risk play an important role in developing business strategy. Preparing forecasts and establishing the relationships between variables are an integral part of budgeting and planning.
Financial mathematics provides an introduction to interest rates and annuities and to investment appraisal for projects. Preparing graphs and tables in summarised formats and using spreadsheets are important in both the calculation of data and the presentation of information to users.
Syllabus structure
The syllabus comprises the following topics and study weightings:
- A - Basic mathematics 15%
- B - Probability 15%
- C - Summarising and analysing data 15%
- D - Relationships between variables 15%
- E - Forecasting 15%
- F - Financial mathematics 15%
- G - Spreadsheets 10%
Download more information on paper C03 (PDF 92 Kb)
Assessment strategy
There will be a two hour computer based assessment, comprising 45 compulsory questions, each with one or more parts. A variety of objective test question styles and types will be used within the assessment.
For more information download the full Certificate in Business Accounting syllabus.