Business mathematics aiou

What do you mean by business mathematics?
Business mathematics are mathematics used by commercial enterprises to record and manage business operations.
Commercial organizations use mathematics in accounting, inventory management, marketing, sales forecasting, and financial analysis..
What is business math also known as?
It acts as a tool that helps in solving and controlling various business problems.
The basic objective to learn this subject is to adapt the knowledge of various mathematical tools and techniques and models which helps in dealing with real-life business situations.
It is also referred to as "commercial mathematics"..
Mathematics provides many important tools for economics and other business fields.
The mathematical language by nature is concise and precise. The mathematical simplicity enhances the precision of analysis like the calculation of Equilibrium price, equilibrium quantity, price elasticity of demand etc.
When it comes to making a decision regarding sales and profit margins, business mathematics is used for determining the accurate cost of the product.
It helps in deciding the fair cost of the product or service so that it can generate a fair amount of profit.

This course is basically designed to develop and inculcate the basic concepts needed for study of Business Mathematics in our students at undergraduate level.

How long is the MSc (Mathematics) Programme at AIOU?

MSc (Mathematics) requires a minimum of four (4) semester course work

How long is the MSc (Mathematics) programme? No

MSc (Mathematics) is a face to face program and requires 80% of attendance as a compulsory part

Are the degrees offered by AIOU at Department of Mathematics and Statistics recognized by HEC?

What is AIOU Edu?

Aiou Edu is based on a semester system as known as Spring and Autumn

The Spring semester starts from July to the end of the year means December

Moreover, the Autumn semester starts from December to July

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Furthermore, without submitting solved assignments you can’t get passed your semester

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Business mathematics aiou

What do you mean by business mathematics?

What is business math also known as?

Mathematics provides many important tools for economics and other business fields.

How long is the MSc (Mathematics) Programme at AIOU?

What is AIOU Edu?

Where to find AIOU Allama Iqbal Open University B A solved assignment?