Intended as a text for postgraduate and undergraduate honours students of Statistics, Mathematics, Operations Research as well as students in various branches of Engineering, this student-friendly book gives an indepth analysis of Matrix Algebra and all the major topics related to it. Divided into 12 chapters, the book begins with a discussion on Elements of Matrix Theory and Some Special Matrices. Then it goes on to give a detailed discussion on Scalar Function and Inverse of a Matrix, Rank of a Matrix, Generalized Inverse of a Matrix, and Quadric Forms and Inequalities. The book concludes by giving Some Applications of Algebra of Matrices, Matrices in the Infinite Dimensional Vector Space, and Computational Tracts in Matrices.