This course provides the essential mathematics required to succeed in the finance and economics related modules of the Global MBA, including equations, functions, derivatives, and matrices. You can test your understanding with quizzes and worksheets, while more advanced content will be available if you want to push yourself.
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International Business Essentials SpecializationUniversity of LondonAbout this Course
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Learner Career Outcomes
33%
started a new career after completing these courses
25%
got a tangible career benefit from this course
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Course 3 of 6 in the
Flexible deadlines
Reset deadlines in accordance to your schedule.
Approx. 10 hours to complete
English
Subtitles: English
Learner Career Outcomes
33%
started a new career after completing these courses
25%
got a tangible career benefit from this course
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Course 3 of 6 in the
Flexible deadlines
Reset deadlines in accordance to your schedule.
Approx. 10 hours to complete
English
Subtitles: English
Offered by
University of London
The University of London is a federal University which includes 18 world leading Colleges. Our distance learning programmes were founded in 1858 and have enriched the lives of thousands of students, delivering high quality University of London degrees wherever our students are across the globe. Our alumni include 7 Nobel Prize winners. Today, we are a global leader in distance and flexible study, offering degree programmes to over 50,000 students in over 180 countries. To find out more about studying for one of our degrees where you are, visit www.london.ac.uk
Syllabus - What you will learn from this course
3 hours to complete
Equations
Although financial models are theoretical frameworks, we often use mathematical tools to work with these models.
3 hours to complete
10 videos (Total 49 min), 2 readings, 3 quizzes
10 videos
Equations- An Introduction3m
1. Variables, Constants and Parameters6m
2. The Real Number System6m
3. Basic Rules7m
4. Like Terms3m
5. Translate Phrases into Mathematics6m
6. Working with Business Formulas5m
7. Ratio and Proportion6m
Equations- Summary2m
2 readings
Glossary of Terms10m
Quiz Instructions10m
3 practice exercises
Equations: Practice Exercises30m
Equations: Summative Exercises30m
Week 1: End of Week Quiz30m
2 hours to complete
Functions
Functions are important in every area of pure and applied mathematics, including mathematics applied to economics, finance and business. For example, the language of economic analysis is full of terms like demand and supply functions, cost functions, production functions, consumption functions, and so on. This week, we will present a discussion of functions of one real variable, illustrated by some economic examples. Remember- one variable is a function of another if the first variable depends upon the second.
2 hours to complete
20 videos (Total 81 min)
20 videos
1. A Function as an Ordered Pair of Elements5m
2. Relations and Functions5m
3. Types of Function7m
4. Levels of Generality3m
5: The Domain of a Function4m
5.1: Graphing an Equation7m
6. Linear Functions4m
6.1 Mapping Linear Functions4m
6.2 Linear Functions: Examples9m
7. Quadratic Functions4m
8. Cubic Functions3m
Functions Summary2m
1.1. The Exponential Functions1m
1.2. The Nature of Exponential Functions1m
1.3. Simple Exponential Functions3m
1.4. The Graph2m
2.1. Logarithmic Functions3m
2.2. Log Functions and Exponential Functions1m
2.3 The Graphical Form1m
2 practice exercises
Summative Questions30m
End of Week Quiz30m
3 hours to complete
Derivatives
An important topic in many scientific disciplines- including economics- is the study of how quickly quantities change. The concept used to describe the rate of change of a function is known as the derivative. In this lecture, we will define the derivative of a function, and share some of the important rules for calculating it.
3 hours to complete
21 videos (Total 99 min)
21 videos
1. Slopes of Curves3m
2. The Geometrical Interpretation of Tangents and Derivatives1m
3. Increasing and Decreasing Functions1m
4. Derivatives as a Rate of Change3m
5. Continuity1m
6. Simple Rules of Differentiation2m
6.1. The Derivative of a Constant Function1m
6.2. The Graphical Representation of the Rule2m
6.3. Examples2m
6.3.1 Derivatives: Examples, Part 110m
6.3.2 Derivatives: Examples, Part 211m
6.3.3 Derivatives: Examples, Part 36m
6.4. The Power Rule4m
6.5. Sum and Difference2m
7. The Product Rule9m
7.2 Matrices15m
8. The Quotient Rule3m
9. The Chain Rule6m
10. Higher Order Derivatives2m
Lecture: Derivatives - Summary3m
2 practice exercises
Summative Questions30m
End of Week Quiz30m
2 hours to complete
Matrices
The analysis and even the comprehension of systems of linear equations is much easier when we use key mathematic concepts such as matrices, vectors, and determinants. This week, we’ll introduce these concepts and explain their application to economic models
2 hours to complete
16 videos (Total 43 min)
16 videos
1. What Is A Matrix?4m
2. The Square Matrix1m
3. Matrix Operations1m
3.1. Addition3m
3.2. Subtraction1m
3.3. Scalar Multiplication1m
3.4. Multiplication of Matrices3m
3.5. Multiplication Procedure3m
3.6. General Rules for Matrix Addition and Multiplication by Scalars53s
4. The Inverse2m
5. The Transpose2m
6. Identity Matrix3m
6.1. Properties of the Identity Matrix2m
7. Linear Systems of Equation4m
Matrices | Summary2m
3 practice exercises
Summative Questions30m
End of Week Quiz30m
End of Course Quiz30m
Reviews
TOP REVIEWS FROM QUANTITATIVE FOUNDATIONS FOR INTERNATIONAL BUSINESS
by DKMay 25, 2020
It was interesting course and i really enjoyed a lot. Thanks to all professor to deliver the great lectures and thanks to University of London to organized such a great course.
by AMAug 31, 2020
This course was really good because I remembered all the maths I learned during my career and now I understand why these mathematical operations are so important in Business.
by ASMay 16, 2019
Excellent course giving intuitive insights into derivatives, matrices and linear algebra. Lays the foundation of quantitative modelling. Very useful.
by MMMay 3, 2020
It is really good experience for me and it is wonderful course and very useful for my job. Thank you very much given wonderful opportunity
About the International Business Essentials Specialization
This specialisation from the University of London is designed to help you develop and build the essential business, academic, and cultural skills necessary to succeed in further study and in international business.
Frequently Asked Questions
When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
- The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
- The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes, Coursera provides financial aid to learners who cannot afford the fee. Apply for it by clicking on the Financial Aid link beneath the "Enroll" button on the left. You'll be prompted to complete an application and will be notified if you are approved. You'll need to complete this step for each course in the Specialization, including the Capstone Project. Learn more.
Will I earn university credit for completing the Course?
This Course doesn't carry university credit, but some universities may choose to accept Course Certificates for credit. Check with your institution to learn more. Online Degrees and Mastertrack™ Certificates on Coursera provide the opportunity to earn university credit.
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