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Paper 4

Fundamentals of Business Mathematics and Statistics

About Fundamentals of Business Mathematics and Statistics

Business Mathematics & Statistics is a practical subject which involves learning and applying mathematical and statistical tools in areas such as Accounting, Financial Reporting, Sales Forecasting, Risk Management etc.

This paper is divided into 2 Parts. In part 1, you will be gaining knowledge on Fundamentals of Business Mathematics and in Part B, you will be learning Fundamentals of Statistics.At CMA Foundation level, you are expected to have basic and elementary knowledge on concepts of mathematics and statistics to enable you to apply these principles to business.Having knowledge on Business Mathematics and Statistics helps you to effectively foresee the future of a business and accordingly analyse risk associated with business.

Exam Information

Duration:         3 hours

Weightage:         100 Marks

Faculty
Supritha

Supritha Marla Shetty

 

 

Fundamentals of Business Mathematics and Statistics

1 Arithmetic

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2 Algebra

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3 Statistical Representation of Data

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4 Measures of Central Tendency and Dispersion

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5 Correlation and Regression

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6 Probability

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