Facility with numbers combined with a working understanding is essential to a successful MBA career. Be it preparing for the GMAT, CAT or any other entrance test, the classroom or the real world, a foundation in mathematics is utmost necessary.
For those of you who struggle with fundamental maths skills, this is a beneficial course. Maths essentials for MBA success is a free online course offered by the Imperial College Business School.
This course offers course-takers discover and acquire the fundamental maths skills that you will need to use while studying an MBA program, from algebra to differentiation and geometric series.
About the course
In this course, candidates will learn fundamental business math skills which are required to succeed in MBA. These math skills will also give course-takers an edge in their workplace enabling them to apply greater analytical skill to decision making.
Course-takers will also learn how to evaluate and manipulate the types of formulae that appear in an accounting syllabus, how to perform the calculus required to solve optimization problems in economics and how to apply the concept of geometric series to solving finance-related problems such as calculating compound interest payments.
This course assumes no prior knowledge of business maths, concepts are explained clearly and regular activities give you the opportunity to practice your skills and improve your confidence.
What will course-takers learn from this course?
- How to evaluate, manipulate and graph the types of linear equations that appear throughout an MBA syllabus
- How to evaluate and manipulate the complex relationships that appear (for example, those that are represented as quadratic or exponential equations)
- How calculus is used to solve optimization problems, such as finding the quantity of sales that maximizes a firm's profit
- How tools relating to mathematical series and sequences are adopted on an MBA program to calculate concepts such as net present value and compound interest
Course length: 6 weeks
Course begins: October 17, 2016
For a verified certificate, course-takers will have to pay $79. For further information about the course and to register, click here.