MBA Math Overview for Applicants


Uploaded by MBAMath on 22.06.2011

Transcript:
One quarter of students taking the MBA Math course are applicants. Some of them take the
course because an MBA program has advised or required them to take it. Others come proactively
to the course, complete it, and submit their transcript to a school as a way of showing
quantitative proficiency.
To help students we'll provide up to ten transcripts to MBA programs at no charge.
The content of your transcript is in many respects up to you as a student. You're able,
in working through the course, to retake post quizzes in the various lessons and only your
final post quiz score shows up in your transcript. Schools aren't interested in your aptitude
or what you got the first time. This course is all about proficiency and what they want
is by the end that you're proficient with this body of material and ready to do that
work in the classroom.
The course requires about twenty to forty hours, which is one to two hours for each
one of the lessons depending on your prior experience and background.
Students often ask whether taking the course will get them admitted to their target school.
It's impossible to say yes to that question. The admissions process is very complicated
with many qualified applicants. The best you can do is put your best foot forward and if
you feel that after you've done the best you can with the GMAT to maximize your aptitude
score that you still have some gap that you'd like to address the MBA Math course helps
you to do that and do so in a different way with a proficiency and achievement orientation
and a body of material that is specifically geared to what you need to learn and do in
an MBA classroom.
The MBA Math quantitative skills course consists of over twenty four lessons covering the basics
of finance, accounting, economics, statistics, and spreadsheets.
I created the online course as an outgrowth of over ten years of live classroom teaching.
I love teaching and I do it a lot. In August I teach pre-MBA quantitative skills at Dartmouth
and Cornell. In the fall term I teach core Decision Science for Executive MBA students
in London for Duke and in spring term I teach a second year Decision Modeling elective at
Dartmouth.
Programs are different but the basics are similar everywhere. Over a dozen schools send
thousands of students to the MBA Math skills course and students from over a hundred and
fifty programs find the course on their own.
My motivation and approach to the program is driven by my own experience as a young
graduate student taking a math camp course before starting my PhD program. I was coming
to the program as a non-traditional student and I needed a boost before I was ready to
take the core curriculum with the rest of the students. That's a similar situation for
many MBA students.
Schools could fill their programs with students with no quantitative deficiencies at all but
they choose not to as they bring in students with leadership potential from a variety of
different areas.
With the MBA Math course students who don't have the quantitative proficiency of their
classmates can at their own pace come up to speed and get themselves ready for classes.
Few students are eager to study mathematics on its own so what we do within the MBA Math
course is put the mathematics in the context of subjects the students do care about: the
accounting, the finance, the economics, and statistics that they've come to business school
to learn.
I encourage you to watch the separate four minute video of the MBA Math course site.
I summarize the topics covered and walk you through the MBA Math lesson structure.
The pre-quiz shows you right away whether you already know the material. The narrated
lecture introduces concepts and guides you through sample exercises. Drill exercises
help you to connect concepts with mechanics. Detailed exercise solutions show you the solution
process, often including narrated spreadsheet tutorials.