I was wondering if there is a way to create a \'.exe\' file from \' .m\' file in MATLAB, such that it can be run in machine which does not have MATLAB (like it can be done
The "StandAlone" method to compile .m file (or files) requires a set of Matlab published library (.dll) files on a target (non-Matlab) platform to allow execution of the compiler generated .exe.
Check MATLAB main site for their compiler products and their limitations.