Business Management and Administration

Overview

The Math-in-CTE professional development model is not a curriculum; instead, it is a process, organized around a set of five core principles (PDF), through which CTE and math teachers working in teams learn how to enhance the math that naturally occurs in their CTE curricula. Math-in CTE professional development always begins with curriculum mapping. In this process, CTE teachers examine the CTE concepts they teach, then work with math teacher partners to identify embedded math intersections, as linked to the Common Core math standards, and create a curriculum map. Once the map is complete, the CTE and math teacher teams select from within it one or more CTE concepts and related math concepts to develop into CTE lesson plans.

This sample Math-in-CTE curriculum map was created by teacher teams composed of business and math teachers from Missouri. The associated sample lesson plan and related materials were identified and developed from this curriculum map.

Click on the linked CTE and math concepts within this map to view the lesson plan associated with them. Scroll to the right to view the middle and high school Common Core math standards associated with each unit.
 

Business Management and Administration

CTE Course/UnitCTE Concepts or ApplicationsEmbedded Math ConceptsMiddle School Common Core Math StandardsHigh School Common Core Math Standards
Credit/Credit CardsCost of credit;
Interest rates;
Credit ratings;
Management of debt;
Payment options
Percentages;
Linear functions;
Proportions
6.RP.2; 6.RP.3; 7.EE.2; 7.EE.3; 6.EE.6; 6.EE.7; 6.EE.8; 6.EE.9; 7.EE.1; 7.EE.4; 8.EE.7; 8.EE.8; 8.F.4; 6.RP.1; 7.RP.1; 7.RP.2; 7.RP.3A.CED.1; A.CED.2; A.CED.3; A.CED.4; A.REI.3; A.REI.4; A.REI.10; F.LE.1; F.LE.2; F.LE.5; F.IF.5; A.SSE.1; F.BF.1; S.ID.6
Credit/Student LoansCost of credit;
Interest rates;
Payment options;
Management of debt
Percentages;
Linear functions
6.RP.2; 6.RP.3; 7.EE.2; 7.EE.3; 6.EE.6; 6.EE.7; 6.EE.8; 6.EE.9; 7.EE.1; 7.EE.4; 8.EE.7; 8.EE.8; 8.F.4A.CED.1; A.CED.2; A.CED.3; A.CED.4; A.REI.3; A.REI.4; A.REI.10; F.LE.1; F.LE.2; F.LE.5; F.IF.5; A.SSE.1; F.BF.1; S.ID.6
Simple InterestCalculating simple interest;
Calculating monthly payments
Changing decimals to percent;
Substituting data into formulas;
Basic math operations
6.RP.2; 6.RP.3; 7.EE.2; 7.EE.3; 6.NS.2; 6.NS.3; 6.NS.5; 7.NS.1; 7.NS.2; 7.NS.3; 6.EE.26.RP.2; 6.RP.3; 7.EE.2; 7.EE.3; 6.NS.2; 6.NS.3; 6.NS.5; 7.NS.1; 7.NS.2; 7.NS.3; 6.EE.2
Compound InterestCalculating compound interest;
Types of investment;
Opportunity cost;
Diversification
Percent;
Ratio;
Exponents;
Graphing;
Rounding;
Order of operations;
Substituting data into formulas;
Solving formulas;
Charts;
Decimals
6.NS.2; 6.NS.3; 6.NS.5; 7.NS.1; 7.NS.2; 7.NS.3; 6.RP.1; 6.RP.2; 6.RP.3; 7.RP.1; 7.RP.2; 7.RP.3; 6.EE.1; 8.EE.1; 8.EE.2; 8.EE.3; 6.EE.2; 6.EE.3; 6.SP.4; 6.SP.5; 7.SP.2; 7.SP.3; 7.SP.4; 8.SP.3; 8.SP.4; 6.EE.6; 6.EE.7; 6.EE.8; 6.EE.9; 7.EE.1; 7.EE.2; 7.EE.3; 7.EE.4; 8.EE.7; 8.EE.8; 8.F.4G.MG.3; F.BF.5; S.ID.6; F.LE.2; F.LE.3; S.IC.1; S.IC.2; S.IC.3; S.IC.4; S.IC.5; S.IC.6; S.ID.1; A.CED.1; A.CED.2; A.CED.3; A.CED.4; A.REI.3; A.REI.4; A.REI.10; F.LE.1; F.LE.2; F.LE.5; F.IF.5; A.SSE.1; F.BF.1
PayrollCalculating rate of pay;
Regular vs. overtime pay;
Gross pay vs. net pay;
Taxes
Percentages;
Changing decimals to percent;
Solving equations
6.RP.2; 6.RP.3; 7.EE.2; 7.EE.3; 6.EE.6; 6.EE.7; 6.EE.8; 6.EE.9; 7.EE.1; 7.EE.4; 8.EE.7; 8.EE.8; 8.F.4A.CED.1; A.CED.2; A.CED.3; A.CED.4; A.REI.3; A.REI.4; A.REI.10; F.LE.1; F.LE.2; F.LE.5; F.IF.5; A.SSE.1; F.BF.1; S.ID.6
Payroll DeductionsTypes of payroll deductions;
W-4 Form;
Exemptions;
Filing status
Percentages;
Comparisons;
Graphing;
Variables (dependent and independent)
6.RP.2; 6.RP.3; 7.EE.2; 7.EE.3; 6.EE.2; 6.EE.3; 6.SP.4; 6.SP.5; 7.SP.2; 7.SP.3; 7.SP.4; 8.SP.3; 8.SP.4S.IC.1; S.IC.2; S.IC.3; S.IC.4; S.IC.5; S.IC.6; S.ID.1
Excel FunctionsUsing basic and advanced Excel functions;
Excel formulas;
Building templates;
Charts & graphs;
Linking data
Frequency distribution;
Changing percents to decimals;
Add, subtract, multiply, & divide;
Charts
6.RP.2; 6.RP.3; 7.EE.2; 7.EE.3; 6.NS.2; 6.NS.3; 6.NS.5; 7.NS.1; 7.NS.2; 7.NS.3; 6.EE.2; 6.EE.3; 6.SP.4; 6.SP.5; 7.SP.2; 7.SP.3; 7.SP.4; 8.SP.3; 8.SP.4S.IC.1; S.IC.2; S.IC.3; S.IC.4; S.IC.5; S.IC.6; S.ID.1
ExcelDeveloping a family budget;
Excel formulas;
Templates;
Variables;
Using different MS Office applications
Percentages;
Graphs;
Changing money to percent;
Mean, mode, and median;
Comparisons;
Estimation
6.RP.2; 6.RP.3; 7.EE.2; 7.EE.3; 6.EE.2; 6.EE.3; 6.SP.4; 6.SP.5; 7.SP.2; 7.SP.3; 7.SP.4; 8.SP.3; 8.SP.4; 6.SP.1; 6.SP.2S.IC.1; S.IC.2; S.IC.3; S.IC.4; S.IC.5; S.IC.6; S.ID.1; S.ID.2
MortgagesCalculating mortgage payments;
Interest rates;
Down payment;
Assessed value/Loan value
Percentages;
Comparisons;
Ratios
6.RP.2; 6.RP.3; 7.EE.2; 6.RP.1; 7.RP.1; 7.RP.2; 7.RP.3; 7.EE.3G.MG.3
Accounting EquationAccounting equations;
Effects of transactions on accounting equation
Charts;
Graphs;
Comparisons;
Missing elements;
Additive inverse
6.EE.2; 6.EE.3; 6.SP.4; 6.SP.5; 7.SP.2; 7.SP.3; 7.SP.4; 8.SP.3; 8.SP.4S.IC.1; S.IC.2; S.IC.3; S.IC.4; S.IC.5; S.IC.6; S.ID.1
Financial StatementsIncome statement;
Revenue;
Expenses;
Profit/loss;
Problem solving Charts
Percentages;
Graphs;
Changing money to percent;
Ratios
6.RP.2; 6.RP.3; 7.EE.2; 6.RP.1; 7.RP.1; 7.RP.2; 7.RP.3; 7.EE.3; 6.EE.2; 6.EE.3; 6.SP.4; 6.SP.5; 7.SP.2; 7.SP.3; 7.SP.4; 8.SP.3; 8.SP.4G.MG.3; S.IC.1; S.IC.2; S.IC.3; S.IC.4; S.IC.5; S.IC.6; S.ID.1
Merchandise DiscountsCalculating discountsPercentages;
Rounding;
Mental math;
Estimating;
Word problems;
Compound discount
6.RP.2; 6.RP.3; 7.EE.2; 7.EE.3N.Q.1; N.Q.2; N.Q.3; S.ID.6
Financial StatementsBalance sheet;
Assets, liabilities, and owner’s equity
Percentages;
Comparisons;
Ratios
6.RP.2; 6.RP.3; 7.EE.2; 6.RP.1; 7.RP.1; 7.RP.2; 7.RP.3; 7.EE.3G.MG.3