Skip to main content

National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

Center for Financial Training | Evaluated Learning Experience

Business Math MAT201


46.35 hours (11 weeks). 

Various; distance learning format.

April 2024 - Present. 

Instructional delivery format: 
Online/distance learning
Learner Outcomes: 

Upon successful completion of this course, students will be able to: analyze how ratios, payments, and interest are calculated; evaluate how gross and net pay are calculated; differentiate the different types of banking accounts and how business math applies to them; compute loan payments and interest; comprehend the cost of credit; calculate mortgage payments, including insurance costs; determine life insurance premiums; estimate technology costs; and appraise employee recruitment expenses, including the cost of part-time versus full-time employees.


Instruction is facilitated by an instructor who guides students through each lesson and is available to answer questions and provide feedback on assignments. Each week, students receive an assignment over the Internet that includes reading assigned chapter(s) from the textbook. Students complete a short assignment that is forwarded electronically to instructors or posted it to the electronic class Discussion Board while also taking a self-check test. Additionally, students collaborate with other students on some assignments using electronic discussion boards, chat rooms, and e-mail. The 11-week course requires a mid-term examination and final examination which are delivered electronically. Overall grades for the class are based on student performance on the weekly assignments, mid-term examination and the final examination. Major topics include whole numbers: how to dissect and solve word problems; banking equations; solving for the unknown: a how-to approach for solving equations; discounts: trade and cash; markups and markdowns; calculating various types of employees’ gross pay; simple interest; promissory notes; simple discount notes and the discount process; compound interest and present value.

Credit recommendation: 

In the lower division baccalaureate/associate degree category, 3 semester hours in Accounting, Mathematics, Computer Science, Data Science, Economics, Engineering, Finance, Business, Marketing, or as a General Math elective (4/24).