Babul Chandra Das
Research Scholar, Department of Mathematics, Mahapurusha Srimanta Sankaradeva Viswavidyalaya, Assam, India
Debajyoti Sarkar
Research Scholar, Department of Commerce, Rajiv Gandhi University, Arunachal Pradesh, India
Ashim Kumar Sarmah
Research Scholar, Department of Mathematics, National Institute of Technology, Manipur, India
Sanjeeb Kumar Jena
Dean, Faculty of Commerce and Management, Professor, Department of Commerce, Rajiv Gandhi University, Arunachal Pradesh, India
Business mathematics plays a significant role in developing the financial knowledge, analytical skills and decision-making abilities required for entrepreneurship. Its practical application in financial planning, cost estimation, pricing, investment appraisal and risk assessment enables prospective entrepreneurs to evaluate business opportunities and manage financial resources effectively. The present study examines the relationship between business mathematics competency and entrepreneurship development among educated youths in Kamrup Metropolitan District of Assam. The study adopts a quantitative, descriptive and analytical research design involving 150 respondents (Educated Youths). It focuses on business mathematics competency, financial literacy, quantitative decision-making and entrepreneurial intention. Descriptive statistics, Pearson’s correlation and multiple linear regression are employed to examine the relationships among the selected variables. The results indicate the potential relevance of mathematical knowledge and financial understanding to entrepreneurial preparedness. Quantitative decision-making also emerges as an important factor associated with entrepreneurial intention, highlighting the practical significance of applying mathematical concepts to business situations. The study emphasises the importance of strengthening business mathematics education through practical financial calculations, budgeting, profitability analysis and investment evaluation. It further suggests that integrating mathematical competency with entrepreneurship education may improve the financial awareness, confidence and business planning abilities of educated youths. The research provides a framework for examining the contribution of quantitative competencies to entrepreneurship development and offers useful insights for higher educational institutions, entrepreneurship development centres and policymakers seeking to promote entrepreneurial capabilities and self-employment opportunities among educated youths in Kamrup Metropolitan District of Assam.
