Business Mathematics is mathematics commonly used in businesses and businesses around the world in order to set up and manage the functioning of their operations. Mathematics can be used in accounting, inventory management, marketing, sales and financial gains. Generally, in business one can use elementary arithmetic, elementary algebra, statistics and probability. In education, undergraduate “business mathematics” students, who are business students, take mathematics courses. They are generally not as difficult and may not go into detail as in other courses, for example when the major is science. Business calculus and business statistics are generally studied. Typically, the examples given in these courses relate to the real world of business. There are many elements involved in starting and running a business. Whether the company is big or small. This is regardless of local activities or Internet activities. One needs to have knowledge in different fields such as business mathematics or hire the right people with the experience and knowledge. Knowing mathematics will only improve your work, a person's reasoning, problem-solving skills and thinking ability. Mathematical tools such as the use of accounting can help manage the incoming and outgoing expenses of the business. Market trends can be mapped using the chaos theory formula. Statistics and probability, derived from mathematics, are used daily in business. Many accounting firms prefer graduates with a degree in mathematics as well as accounting. Examples of mathematics like probability theory and management sciences such as time series analysis are all very vital mathematics in the business world. How can one personally apply mathematics to a business?Owning or managing a business...... middle of paper ......person. One cannot function in today's business world if a person does not know even the basics of mathematics. Business is numbers and numbers are business. You have to use all of a person's abilities to know how to run a business. Knowing how to market and what the trends are so that the business can follow and even succeed. Works cited1. http://smallbusiness.chron.com/importance-basic-math-business-41097.html2. Business Mathematics for Dummies by Mary Jane Sterling, ISBN 97804702333133. Basic Business Mathematics: A Life Skills Approach by Richard P. Truchon, ISBN 15605244804. Practical Procedures in Business Mathematics by Jeffrey Slater and Sharon Meyer, ISBN 97800733775375. http: //mathematics.blurit.com/q420028.html6. http://math.about.com/library/weekly/aa101103a.htm‎l7.http://www.businessinsider.com/the-need-for-math-skills-has-changed-business-2013