Translate business questions into numerical models. You will work with percentages, equations, graphs and probability, then explain what the calculations mean for a decision. Particular attention goes to units, assumptions and the interpretation of results from spreadsheets.

Learning outcomes

  • Solve a business equation
  • Calculate interest and percentage changes
  • Interpret a numerical model's assumptions

Main topics

  • Percentages and ratios
  • Algebra and functions
  • Financial mathematics
  • Linear models
  • Probability
  • Decision calculations

Practical task

Compare three purchasing or financing options in a spreadsheet with checked calculations.

Assessment

Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.

Last modified: Sunday, 13 September 2026, 4:47 PM