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Mathematics vs. Business Mathematics

How does Mathematics differ from Business Mathematics?

Mathematics

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Mathematics is a field of study that teaches skills for creating mathematical models, proofs, and algorithms. As a result, students learn to work on and solve problems from many fields of application: for example, in areas such as computer science, finance, and Engineering. Graduates can work in industry, education, or research.

Business Mathematics

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Business mathematics is a field of study that uses mathematical models to analyze and solve economic problems, such as credit risks or price developments. Students learn to model economic relationships, create forecasts, and use their analytical skills to optimize processes and systems. Graduates go on to work in banks, business consultancies, or in the public sector, among others.

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