📘 Fundamentals of Business Mathematics & Statistics | CMA Foundation | 3rd Edition (2025)
✒️ Authored by CA. Tarun Agarwal, this is a power-packed companion for CMA Foundation aspirants (Dec. 2025/June 2026), meticulously crafted to meet the latest ICMAI syllabus and exam pattern. It bridges theory with practice through solved papers, MCQs, and visual summaries.
🔍 Key Highlights:
✅ Strictly Aligned with the Latest ICMAI Syllabus – Covers all mathematical and statistical foundations required for CMA aspirants
✅ Fully Solved Papers Till June 2025 – Detailed, exam-oriented solutions for past questions
✅ 1000+ MCQs – Practice-heavy layout to sharpen exam readiness
✅ Descriptive → MCQ Transformation – Adapts long-form questions into MCQ format as per new exam style
✅ Point-wise Explanations – Promotes faster retention and concept clarity
✅ Tabular Chapter Summaries – Each chapter starts with visual aids for quick overview
✅ Practice Questions at End of Chapters – Reinforces learning through in-depth revision
✅ Module-wise Marks Analysis – Helps target high-scoring areas using data from June 2023 onwards
✅ Mapped to ICMAI Study Material – Provides side-by-side alignment for easy cross-reference
📚 Content Overview:
🔢 Arithmetic & Algebra
Ratios, Proportions, Variations
Time Value of Money, Annuity, Interest (Simple & Compound)
AP/GP Progressions
Set Theory, Indices, Logarithms, Permutations, Combinations
Quadratic Equations
📈 Calculus & Optimization
Basic concepts with direct application in business
Revenue & Cost functions, Profit maximization
📊 Statistics
Diagrammatic Data Representation: Bar charts, Pie charts, Histograms, Ogives
Frequency Distribution & Graphical Analysis
Central Tendency & Dispersion: Mean, Median, Mode, SD, CV, Quartile Deviation
Skewness: Karl Pearson & Bowley’s methods
🔗 Correlation & Regression
Scatter diagrams, correlation coefficients, and regression models
🎲 Probability
Basic definitions, theorems, and applications in real-world problems
📆 Index Numbers & Time Series
Index Number construction, Time Series components, Trend analysis
🎯 This book is a one-stop solution for CMA Foundation students seeking a strategic, practice-rich, and exam-smart approach to Business Mathematics and Statistics.
