Integrating Financial Mathematics in Industrialism and Business Education: Pathways to Innovation and Growth
Year: 2025
Type: article
Abstract: This research presents a novel educational approach that combines financial mathematics with Industrialism and business training. Our goal was to create a comprehensive framework that helps students and community members develop essential business and scientific skills. This framework consists of a variety of components, including hands-on workshops, one-on-one mentorship programs, and business incubators designed to nurture new ventures. We also incorporated community engagement activities to ensure the framework's relevance and impact beyond the university campus. To develop this framework, we conducted a systematic review, a rigorous and structured research method. This process involved a thorough identification, evaluation, and synthesis of existing research on the topic. The findings from this review were instrumental in shaping the framework's design. Our results demonstrate that this integration significantly boosts participants' entrepreneurial mindsets, improves their strategic decision-making abilities, and enhances their capacity for innovation. By teaching individuals how to use mathematical modelling, computer simulations, and data analysis to solve business problems, the framework equips them with the tools needed to tackle complex, real-world challenges. Ultimately, this approach helps cultivate a culture of innovation and fosters sustainable economic growth within both university and broader community settings.
Language: English
Subfield: Education
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4415463200