In the dynamic landscape of modern education, the integration of mathematics and statistics into the business curriculum is vital for nurturing analytical skills and informed decision-making. This book, Business Mathematics-I, is meticulously crafted in accordance with U.G.C. guidelines and the revised syllabus of Savitribai Phule Pune University, effective from June 2024-25, under the National Education Policy (NEP-2020) offered by the Faculty of Science and Technology as Open Electives (OE-103) for other faculty. It aims to serve as a comprehensive resource for First Year Bachelor of Arts (FYBA), Bachelor of Commerce (F.Y.B.Com.), and other relevant programs.
The study of business mathematics and statistics is indispensable for students aspiring to thrive in various fields, including commerce, finance, and data analysis. Recognizing the diverse interests and career paths of students, this book also caters to those pursuing Open Elective (OE) subjects. It encompasses a broad spectrum of essential topics by providing a comprehensive understanding of these subjects, the book ensures that students are well-equipped with the knowledge and skills needed to succeed in today’s competitive environment, regardless of their chosen field of study.
Recognizing the diverse learning styles of students, this book adopts a practical approach, emphasizing real-world applications and problem-solving techniques. Each chapter includes numerous examples, and exercises to facilitate understanding and reinforce learning. The inclusion of clear explanations and step-by-step solutions aims to demystify complex concepts and empower students to apply these skills in practical scenarios.