Constructive Education Framework: Arithmetic and Business Stats Course

RMN Foundation Free Schools for Deserving Children

Constructive Education Framework Syllabus

Arithmetic and Business Statistics Course

By Rakesh Raman

Rakesh Raman

RMN Foundation – which runs free schools to provide modern education to poor children – has developed an innovative Arithmetic and Business Statistics Course for its school students.

It is part of the Constructive Education Framework developed by the Foundation for its schools. The Foundation encourages other schools also to explore this curriculum to teach their students.

Recently, the Foundation also had released its English Language Course.

Today, it has released the beta version of the Arithmetic and Business Statistics curriculum.

Course Objective:

After completing this course successfully, the student should be able to work in all types of non-scientific or business management professional environments. The course will also help students to subsequently pursue STEM studies.

The main objective of the course is to provide sufficient orientation to students so they could learn different aspects of technology-driven Enterprise Resource Planning (ERP), which is another subject under our Constructive Education Framework. Currently, there is an enormous employment potential for students who have adequate knowledge of ERP.

PART – A

• Definition of Arithmetic

• Relevance of Arithmetic

• Counting, Reverse Counting, Step Counting

• Numbers: Digits, Integers (Whole Numbers), Fractions, Positive and Negative Numbers (distance from zero), Figures

• Negative to Positive Counting

• Comparison of Numbers (big and small)

• Ascending and Descending Orders

• Local and International Number Systems

• Currency and Conversion

• Numbers in Words

Reinforcements

• Real Line and Real Numbers (Positive or negative, large or small, whole numbers or decimal numbers are all Real Numbers such as 1, 14.72, −0.1, 3/4, etc.)

• They are called “Real Numbers” because they are not Imaginary Numbers.

• Imaginary Number: A number that when squared gives a negative result.

• If you square a Real Number you always get a positive, or zero, result. For example 2×2=4, and (-2)×(-2)=4 as well.

• So how can we square a number and get a negative result? Because we “imagine” that we can. The “unit” imaginary numbers (the same as “1” for Real Numbers) is √(-1) (the square root of minus one), and its symbol is i, or j.

• Addition (+), Subtraction (-), Multiplication (x), Division (/)

• Multiplication Tables

• Commutative property of multiplication: If 3 x 4 = 12, then 4 x 3 = 12

• Associative property of multiplication: 4 x 5 x 3 can be calculated by 4 x 5 = 20 then 20 x 3 = 60

• Distributive property of multiplication: If 6 x 3 = 18 and 6 x 4 = 24, then 6 x 7 is: 6 x (3 + 4) = (6 x 3) + (6 x 4) = 18 + 24 = 42

• Even and Odd Numbers

Reinforcements

BODMAS Rule

• B → Brackets first (or parentheses)

• O → Of (Orders, that is, Powers and Square Roots, Cube Roots, etc.)

• DM → Division and Multiplication (from left to right)

• AS → Addition and Subtraction (from left to right)

– Percentage Change Calculation

– Percentage Growth Calculation

– Introduction to CAGR

– Measurements

Reinforcements

PART – B

Business Stats

• Relevance and Use of Business Stats

• Mean, Mode, Median

• Introduction to Charts

• Data in Charts

• Variance Tables

Reinforcements

• Questionnaire design for a survey or statistical study

• Data collection, analysis, interpretation, and report writing

Reinforcements

• Mock Exercises

• Live Projects

The above curriculum is already being used at RMN Foundation school in New Delhi, India.

The Foundation will soon release the curricula for the other subjects under its Constructive Education Framework.

Formed in May 2015, RMN Foundation is the corporate social responsibility (CSR) arm of the Raman Media Network (RMN) Company, which is working in diversified content creation, management, and distribution businesses on a global scale.

RMN Foundation is registered as an educational and public charitable Trust with the Government of National Capital Territory of Delhi at New Delhi, India. You can get more information about RMN Foundation at its website.

By Rakesh Raman, the managing editor of RMN Company

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