%0 Journal Article %T Evaluation of the importance of mathematical modelling in finance through a discussion of its uses and misuses %A Zhazira Amirgaliyeva %J Opticon1826 %D 2012 %I Ubiquity Press %R 10.5334/opt.121205 %X Having analysed different aspects of using mathematical modelling tools in the financial sector, this article concentrates on the use and misuse of such models for influencing the forecasting and decision-making in financial institutions. Some reasons for general limitations and possible solutions to improve the usefulness of mathematical models in an application area are discussed. %U http://www.opticon1826.com/article/view/161