CIMA C03: Fundamentals of Business Mathematics focuses on the mathematics associated with managing business.

CIMA C03: Fundamentals of Business Mathematics focuses on the mathematics associated with managing business.

You’ll learn about:

  • Solving equations
  • Calculating probability
  • Summarising and analysing data
  • Forecasting techniques, how to apply them and the use of spreadsheets to calculate and present data

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 summarized formats and using spreadsheets are important in both the calculation of data and the presentation of information to users.

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.

Course Curriculum

CIMA CBA C03-A: Basic mathematics (15%)
CIMA CBA C03-A1: Demonstrate the use of basic mathematics.
CIMA CBA C03-A1: Demonstrate the use of basic mathematics. Details 00:00:00
Quiz CIMA CBA C03-A1: Demonstrate the use of basic mathematics. 00:00:00
CIMA CBA C03-A2: Solve equations and inequalities.
CIMA CBA C03-A2: Solve equations and inequalities. Details 00:00:00
Quiz CIMA CBA C03-A2: Solve equations and inequalities. 00:00:00
CIMA CBA C03-B: Probability (15%)
CIMA CBA C03-B1: Calculate probability.
CIMA CBA C03-B1: Calculate probability. Details 00:00:00
Quiz CIMA CBA C03-B1: Calculate probability. 00:00:00
CIMA CBA C03-B2: Demonstrate the use of probability where risk and uncertainty exists.
CIMA CBA C03-B2: Demonstrate the use of probability where risk and uncertainty exists. Details 00:00:00
Quiz CIMA CBA C03-B2: Demonstrate the use of probability where risk and uncertainty exists. 00:00:00
CIMA CBA C03-C: Summarizing and analyzing data (15%)
CIMA CBA C03-C: Summarizing and analyzing data (15%) Details 00:00:00
Quiz CIMA CBA C03-C: Summarizing and analyzing data (15%) 00:00:00
CIMA CBA C03-C1: Apply techniques for summarizing data.
CIMA CBA C03-C1: Apply techniques for summarizing data. Details 00:00:00
Quiz CIMA CBA C03-C1: Apply techniques for summarizing data. 00:00:00
CIMA CBA C03-C2: Apply techniques for analyzing data.
CIMA CBA C03-C2: Apply techniques for analyzing data. Details 00:00:00
Quiz CIMA CBA C03-C2: Apply techniques for analyzing data. 00:00:00
CIMA CBA C03-D: Relationships between variables (15%)
CIMA CBA C03-D1: Calculate correlation coefficient for bivariate data.
CIMA CBA C03-D1: Calculate correlation coefficient for bivariate data. Details 00:00:00
Quiz CIMA CBA C03-D1: Calculate correlation coefficient for bivariate data. 00:00:00
CIMA CBA C03-D2: Apply techniques of simple regression.
CIMA CBA C03-D2: Apply techniques of simple regression. Details 00:00:00
Quiz CIMA CBA C03-D2: Apply techniques of simple regression. 00:00:00
CIMA CBA C03-E:. Forecasting (15%)
CIMA CBA C03-E1:. Demonstrate techniques used for forecasting.
CIMA CBA C03-E1:. Demonstrate techniques used for forecasting. Details 00:00:00
Quiz CIMA CBA C03-E1:. Demonstrate techniques used for forecasting. 00:00:00
CIMA CBA C03-E2: Prepare forecasts.
CIMA CBA C03-E2: Prepare forecasts. Details 00:00:00
Quiz CIMA CBA C03-E2: Prepare forecasts. 00:00:00
CIMA CBA C03-F: Financial mathematics (15%)
CIMA CBA C03-F1: Calculate present and future values of cash flows.
CIMA CBA C03-F1: Calculate present and future values of cash flows. Details 00:00:00
Quiz CIMA CBA C03-F1: Calculate present and future values of cash flows. 00:00:00
CIMA CBA C03-F2: Apply financial mathematical techniques.
CIMA CBA C03-F2: Apply financial mathematical techniques. Details 00:00:00
Quiz CIMA CBA C03-F2: Apply financial mathematical techniques. 00:00:00
CIMA CBA C03-G: Spreadsheets (10%)
CIMA CBA C03-G1: Apply spreadsheets to calculate and present data.
CIMA CBA C03-G1: Apply spreadsheets to calculate and present data. Details 00:00:00
Quiz CIMA CBA C03-G1: Apply spreadsheets to calculate and present data. 00:00:00

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