Managerial Mathematics

INSTITUT PENGAJIAN TINGGI ISLAM PERLIS (IPTIPs)
No. Information on Course

1. Course Name : MANAGERIAL MATHEMATICS
2. Course Code: FB 2023
3. Name(s) of Academic Staff: Nur Tasnim binti Muhd Jamil
4. Rationale for the inclusion of the course in the programme:
This is a compulsory course for DIF students in the area of Islamic banking and finance.
5. Semester/Year Offered: Refer study plan of program

6. Total Student Learning Time
Face to face SL TLT
(SLT)
L = Lecture L T P O
T = Tutorial (50.3 + 69.7)
69.7
P = Practical 32 8 2 120
O = Others
7. Credit Value: 3
8. Pre-requisite (if any): -
9. Objective(s) of Course :
Students are expected to
1. understand the rules of algebra and quadratic equation using the formula
2. understand the concept of matrix algebra and performance of
differentiation.
3. acquire of the scale factors to cope with the percentage changes.
10. Course Learning Outcomes:
Upon completion of the course, students are able to
1. describe the different of linear and non linear equation for quadratic (C1)
2. distinguish the notation and terminology of matrix algebra and performance
of differentiation. (P2)
3. describe the function by measuring the slope of a tangent. (A2)
11. Transferable Skills:

Report writing, communication skill and teamwork.
12. Teaching-learning and assessment strategy:
Mixed method between teacher-centred and student-centred. For the assessment strategy it
is a continuous assessment.
13. Synopsis:
The objective of this course is to provide basic quantitative skills of higher arithmetic,
multi variable algebra, basic concepts of matrices, basic concepts of differentiation,
optimization, maxima and minima and basic concepts of integration to students, concepts
of probability and set theory.
14. Mode of Delivery:

Lectures, discussions and presentations.
15. Assessment Methods and Types:
Coursework : 60% (ex: Individual assignments, group assignments, project, Quiz, Written
/ Oral test, mid-term examination and others)
Examination (Final Examination 40%)
16. Mapping of the course/module to the Programme Aims
Programme Aims Course Learning Outcomes

1 2 3
The program aims to produce ethical and

knowledgeable graduates in Islamic 3 3 3
finance and banking
17. Mapping of the course/module to the Programme Learning Outcomes
Course Learning Outcomes

Programme Learning Outcomes
1 2 3
Capable to explain the basic concepts and
principles related to Islamic finance and 3 3 2
banking
Apply Islamic finance and banking
techniques in the profession 2 1 1
Integrate acquired knowledge with the

current practice. 3 3 3
Able to provide acceptable and good 2 2 2

ideas
Able to discuss and work effectively in

team 3 3 2
Adopt open-mindedness in career

development 1 2 2
Equipped with related knowledge on a

continuous basis 3 3 2
Explore new opportunities for self-

determination 3 2 2
Demonstrate leadership capabilities in

dealing with people 2 2 1
18. Content outline of the course/module and the SLT per topic
Face to Face
Learning
Week / Topic SL TLT
Outcomes
L T P
1.0 MATRICES
Introduction of matrix. 1 2 1 3 6
Types of matrices.
Equality of matrices.
Transpose of a matrix.
Operation of a matrix and properties related to

these operations
Determinants.
Inverses.
Solving systems of a linear equation
2.0 Introduction to Function
 Definition and types of function

 Domains 2 1 4 7
 Range
1,2
3.0 Linear Function
Slope of a line
2 1 3 6
Equations of lines
1,2
4.0
 Sketch the linear function

 Parallel lines 1,2
 Intersection point of two straight lines 3 1 4 7
 Aplications: Demand and Supply
functions, equilibrium point, cost, revenue
and profit functions, breakeven point
5.0 Quadratic Function
 Quadratic equation
 Sketch the quadratic functions 1,2,3
2 1 4.5 7.5
6.0 Application; Demand and supply function,
equilibrium point, cost, revenue and profit,
functions, break even point, maximum and
minimum values
2 3 5
2,3
7.0 EXPONENTIAL AND

LOGARITHMIC FUNCTIONS
o Rules of exponential and properties of
logarithms.
2,3 3 1 5.5 9.5
o Applications: Compound amount,
compound interest, growth and decay
process.
8.0 LIMITS
 Definition of limits.
2,3 2 1 2 5
 Existence of limits
9.0 DIFFERENTIATION
The concept of differentiation and derivatives.

Basic of differentiation calculus. 2,3 3 1 2 6
Rules for differentiation.
10. Derivatives of logarithmic and exponential

functions.
Higher-order derivatives.
2,3 2 2 4
Applications: Critical points (minimum,
maximum ,inflection points).
11. Applications : Business and Economics
2,3 2 2 4
12. PARTIAL DERIVATIVE
First and second-order partial derivatives.

2,3 3 1 2 6
Applications: Critical points (maximum,
minimum, saddle point).
Applications: Lagrange multiplier.
13. INTEGRATION
Definition and basic integration formulas. 2,3 2 1 2 5

Technique of integration: Substitution technique
14. Definite integral and areas.

Applications: Consumers’ surplus and 2,3 2 2 4
producers’ surplus
32 8 2 41 83
Assessment Face to Face SL TLT
Coursework 60% 5.3 15.5 20.8
Final Examination 40% 3.0 13.2 16.2
Total Notional Hours 50.3 69.7 120
Credit Hours 3
19. References:
Mohanty Akshaya Kumar, (2015). Managerial Mathematics. LAP Lambert Academic
Abdul Razak Yaakub (2008). Pengenalan Kepada Matematik Untuk Pengurusan. Edisi
Kedua, Universiti Utara Malaysia.
Haeussler, Ernest F., & Paul S. (2005). Introductory Mathematical Analysis for Business,
Economics, and the Life and Social Sciences, 11th Edition, Prentice Hall.
Rahela A. Rahim, Fatinah Zainon & Hawa Ibrahim (2005). Penyelesaian Soalan-Soalan
dalam Matematik untuk Pengurusan, Cetakan Awal, Universiti Utara Malaysia.
Williams Gareth. (2011) Linear Algebra with Applications, 7th edition, Jones and Bartlett
Brechner, Robert. (2006) Contemporary Mathematics for Business and Consumers, Thomson
South-Western.
Margaret L. et. al. (2008) Developmental mathematics basic mathematics and algebra.
Pearson Addison-Wesley: Boston.
Soo Tan T. (2006) Finite Mathematics for the managerial, life and social sciences. Thomson
Brooks/Cole: Belmont.
Soo Tan T. (2008) Applied mathematics: for the managerial, life and social sciences.
Thomson Brooks/Cole: Belmont.
Zainon F. et. al. (2007) Managerial mathematics. Pearson: Petaling Jaya.
Grading System
Marks Grade Points Alphabet Grades Note

90-100 A+ 4.00
80-89 A 4.00 MUMTAZ
(EXCELLENT)
75-79 A- 3.67
70-74 B+ 3.33 JAYYID JIDDAN
65-69 B 3.00 (VERY GOOD)
60-64 B- 2.67 JAYYID
55-59 C+ 2.33 (GOOD)
50-54 C 2.00 MAQBUL (PASS)
40-49 D+ 1.67
35-39 D 1.33 RASIB
(FAIL)
00-34 F 0.00
KEY:
L – Lecture
T- Tutorial
P – Practical
O - Others
SL – Self Learning
TLT – Total Learning Time

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INSTITUT PENGAJIAN TINGGI ISLAM PERLIS (IPTIPs)

No. Information on Course

5. Semester/Year Offered: Refer study plan of program

11. Transferable Skills:

14. Mode of Delivery:

Examination (Final Examination 40%)

16. Mapping of the course/module to the Programme Aims

Programme Aims Course Learning Outcomes

The program aims to produce ethical and

Course Learning Outcomes

Integrate acquired knowledge with the

Able to provide acceptable and good 2 2 2

Able to discuss and work effectively in

Adopt open-mindedness in career

Equipped with related knowledge on a

Explore new opportunities for self-

Demonstrate leadership capabilities in

Operation of a matrix and properties related to

 Definition and types of function

3.0 Linear Function

 Sketch the linear function

5.0 Quadratic Function

7.0 EXPONENTIAL AND

The concept of differentiation and derivatives.

10. Derivatives of logarithmic and exponential

11. Applications : Business and Economics

First and second-order partial derivatives.

Definition and basic integration formulas. 2,3 2 1 2 5

14. Definite integral and areas.

Final Examination 40% 3.0 13.2 16.2

Total Notional Hours 50.3 69.7 120

Kedua, Universiti Utara Malaysia.

Marks Grade Points Alphabet Grades Note

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