A Guide to Business Mathematics

This course covers a range of topics in business mathematics, including simple interest, compound interest, banking, insurance, data analytics, operations research, business metrics, problem solving, matrices, calculus, and financial statements. It also reviews software to support business mathematics.

Format: Paperback / softback
Length: 390 pages
Publication date: 08 August 2022
Publisher: Taylor & Francis Ltd

This comprehensive course covers a wide range of topics in business mathematics, including basic arithmetic, algebra, geometry, trigonometry, calculus, statistics, and financial analysis. It begins with an introduction to the fundamentals of mathematics and then progresses to more advanced topics such as matrices, linear equations, and differential equations. The course also covers financial statements, budgeting, forecasting, and risk management, and emphasizes the importance of using software to support business mathematics.

Throughout the course, students will apply their mathematical skills to solve real-world business problems and develop critical thinking and problem-solving abilities. The course is designed to provide students with a strong foundation in business mathematics that they can use in a variety of professional settings, including accounting, finance, marketing, and operations management.

By the end of the course, students will have a deep understanding of the mathematical principles and applications that are essential for success in the business world.

Basic Arithmetic:

This module covers the fundamental operations of addition, subtraction, multiplication, and division, including place value, rounding, and estimation. Students will learn how to use these operations to solve practical problems and apply them to real-world scenarios.

Algebra:

This module introduces students to the basic principles of algebra, including variables, equations, and expressions. Students will learn how to solve linear equations, quadratic equations, and polynomial equations and apply algebraic concepts to solve business problems.

Geometry:

This module covers the fundamentals of geometry, including shapes, angles, lines, and polygons. Students will learn how to measure and calculate areas, volumes, and surface areas and apply geometric concepts to solve business problems.

Trigonometry:

This module covers the study of angles, trigonometric functions, and their applications. Students will learn how to solve trigonometric equations, graph trigonometric functions, and apply trigonometric concepts to solve business problems.

Calculus:

This module covers the fundamentals of calculus, including limits, derivatives, integrals, and applications. Students will learn how to use calculus to solve complex business problems and apply it to financial analysis and optimization.

Statistics:

This module covers the collection, analysis, and interpretation of data. Students will learn how to use statistical methods to analyze data and make informed decisions based on the results.

Financial Analysis:

This module covers the analysis of financial statements, including balance sheets, income statements, and cash flow statements. Students will learn how to use financial analysis to evaluate the financial performance of businesses and make investment decisions.

Budgeting and Forecasting:

This module covers the process of creating and managing budgets and forecasting future financial performance. Students will learn how to use budgeting tools and techniques to optimize financial resources and achieve business goals.

Risk Management:

This module covers the identification, assessment, and management of financial risks. Students will learn how to use risk management techniques to minimize the potential impact of financial losses and ensure the stability and profitability of businesses.

Matrices:

This module covers the fundamentals of matrices, including matrix operations, determinants, and inverses. Students will learn how to use matrices to solve complex business problems and apply them to financial analysis and optimization.

Linear Equations:

This module covers the fundamentals of linear equations, including linear equations in one variable and linear equations in multiple variables. Students will learn how to solve linear equations and apply them to business problems.

Differential Equations:

This module covers the fundamentals of differential equations, including differential equations in one variable and differential equations in multiple variables. Students will learn how to solve differential equations and apply them to business problems.

Financial Statements:

This module covers the preparation and analysis of financial statements, including balance sheets, income statements, and cash flow statements. Students will learn how to interpret financial statements and use them to make informed business decisions.

Software for Business Mathematics:

This module covers a selection of software tools and applications that are used in business mathematics. Students will learn how to use these tools to solve complex business problems and improve their efficiency and productivity.

By the end of this course, students will have a comprehensive understanding of the mathematical principles and applications that are essential for success in business. They will be able to apply their mathematical skills to solve real-world business problems and develop critical thinking and problem-solving abilities. The course is designed to provide students with a strong foundation in business mathematics that they can use in a variety of professional settings, including accounting, finance, marketing, and operations management.

In conclusion, this comprehensive course covers a wide range of topics in business mathematics, including basic arithmetic, algebra, geometry, trigonometry, calculus, statistics, and financial analysis. It is designed to provide students with a strong foundation in business mathematics that they can use in a variety of professional settings. By the end of the course, students will have a deep understanding of the mathematical principles and applications that are essential for success in the business world.

Dimension: 234 x 156 (mm)
ISBN-13: 9781032311166