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: Hardback
Length: 390 pages
Publication date: 25 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.

Course Outline:

Introduction to Mathematics:

This module provides an overview of the basic principles of mathematics, including arithmetic, algebra, geometry, trigonometry, and calculus. Students will learn how to apply these principles to solve problems and analyze data.

Basic Arithmetic:

This module covers the fundamentals of arithmetic, including addition, subtraction, multiplication, division, and fractions. Students will learn how to apply these skills to solve practical problems and analyze data.

Algebra:

This module covers the fundamentals of algebra, including variables, equations, and functions. Students will learn how to solve algebraic equations and represent mathematical relationships using variables and functions.

Geometry:

This module covers the fundamentals of geometry, including shapes, angles, lines, and polygons. Students will learn how to apply these skills to solve practical problems and analyze data.

Trigonometry:

This module covers the fundamentals of trigonometry, including trigonometric functions, identities, and equations. Students will learn how to apply these skills to solve practical problems and analyze data.

Calculus:

This module covers the fundamentals of calculus, including limits, derivatives, integrals, and applications. Students will learn how to apply these skills to solve complex problems and analyze data.

Statistics:

This module covers the fundamentals of statistics, including probability theory, hypothesis testing, and data analysis. Students will learn how to apply these skills to analyze data and make informed decisions.

Financial Analysis:

This module covers the fundamentals of financial analysis, including financial statements, budgeting, forecasting, and risk management. Students will learn how to use financial data to evaluate the performance of businesses and make investment decisions.

Matrices:

This module covers the fundamentals of matrices, including matrix operations, determinants, and eigenvalues. Students will learn how to use matrices to solve complex problems and analyze data.

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 solve practical 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 solve practical problems.

Financial Statements:

This module covers the fundamentals of financial statements, including balance sheets, income statements, and cash flow statements. Students will learn how to read and analyze financial statements and use them to make informed decisions.

Budgeting:

This module covers the fundamentals of budgeting, including budgeting processes, budgeting tools, and budgeting strategies. Students will learn how to create and implement a budget and use it to manage financial resources.

Forecasting:

This module covers the fundamentals of forecasting, including time series analysis, regression analysis, and scenario analysis. Students will learn how to use forecasting techniques to make predictions about future events and make informed decisions.

Risk Management:

This module covers the fundamentals of risk management, including risk identification, risk assessment, and risk mitigation. Students will learn how to identify and manage risks in businesses and make informed decisions.

Software for Business Mathematics:

This module covers a selection of software tools that are used in business mathematics, including Excel, MATLAB, and SAS. Students will learn how to use these software tools to solve complex problems and analyze data.

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 provides 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.

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

Weight: 920g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032311197