The Role of Business Mathematics in Decision-Making and Finance

Business mathematics serves as a critical tool in modern decision-making processes and financial management. This paper explores the fundamental role of business mathematics in analyzing data, optimizing resources, and making informed decisions in finance and business operations. By leveraging mathematical techniques such as linear programming, probability, statistics, and financial modeling, organizations can enhance their strategic planning, risk management, and profitability. This research highlights the importance of business mathematics in solving real-world problems, improving efficiency, and driving sustainable growth in the corporate world.

Authors

Publication Details

Journal
International Journal on Science and Technology
Published
2025-02-12
DOI
https://doi.org/10.71097/ijsat.v16.i1.1866
Primary Topic
Organizational Management and Leadership
Type
article
Field-Weighted Citation Impact
0.00
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article

The Role of Business Mathematics in Decision-Making and Finance

Pooja Singh, Satpreet Singh, Dr Indira Singh
International Journal on Science and Technology
Organizational Management and Leadership
article

The Role of Business Mathematics in Decision-Making and Finance

Pooja Singh, Satpreet Singh, Dr Indira Singh
article en

Abstract

Business mathematics serves as a critical tool in modern decision-making processes and financial management. This paper explores the fundamental role of business mathematics in analyzing data, optimizing resources, and making informed decisions in finance and business operations. By leveraging mathematical techniques such as linear programming, probability, statistics, and financial modeling, organizations can enhance their strategic planning, risk management, and profitability. This research highlights the importance of business mathematics in solving real-world problems, improving efficiency, and driving sustainable growth in the corporate world.

International Journal on Science and TechnologyVol. 16(1)
Openalex Percentile: Top 97%
Organizational Management and Leadership
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