Business Mathematics (HOSP 1810)
This course introduces basic business mathematics used in the hospitality industry. Students develop skill in using basic arithmetic functions and algebraic equations to solve practical financial and mathematical problems encountered in business. Problems relating to retail operations, discounts, simple and compound interest and annuities are used to contextualize mathematical applications. Topics include taxes, discounts, contribution margins, interest, promissory notes, treasury bills, and demand loans
This course is part of the full-time Hospitality Management Diploma Program
This course is part of the full-time Hospitality Management Diploma Program
Course code: HOSP 1810
Credits: 3.0
Length: 45.0 hours
Course outline:
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https://www.vcc.ca/vccphp/courseoutline?subject=HOSP&number=1810
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0Additional Information
- Percentage change
- Trade discounts
- Cash discounts
- Mark-up, mark-down
- Break-even analysis
- Simple and compound interest
- Annuities
This course is offered as part of a VCC program only.
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† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.