The section later developed into an Institute of Mathematics and Mechanics of the Armenian Academy of Sciences, whose first Director was academician Artashes Shahinian, known for his results in complex analysis.

The academicians Sergey Mergelyan, Norair Arakelian, Alexandr Talalyan, Raphayel Alexandrian, Rouben V. Ambartzumian and Anry Nersesyan also have greatly influenced the formation of the scientific profile of the Institute and largely contributed to mathematics in general.

Gradually the sphere of investigations expanded and now includes Differential and Integral Equations, Functional Analysis, Probability Theory and Mathematical Statistics.

The journal covers a wide range of topics, including: real analysis and complex analysis; approximation theory, boundary value problems; integral geometry and stochastic geometry; differential equations; probability and statistics; integral equations; algebra.

Norair Arakelian in 1970 (Nice) and Mkhitar Djrbashian, Rouben V. Ambartzumian in 1974 (Vancouver) were invited speakers at the International Congresses of Mathematicians.