Math Skills Needed for M.B.A

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Knock
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Math Skills Needed for M.B.A

Postby Knock » Sat Apr 10, 2010 4:30 pm

I'm thinking about getting my JD/MBA, so I was wondering what the minimum quantitative (stats, math) skills/courses needed to get an M.B.A.

Thanks for any help.

ze2151
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Re: Math Skills Needed for M.B.A

Postby ze2151 » Sat Apr 10, 2010 4:31 pm

have you taken the gmat?

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basicgrey7
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Re: Math Skills Needed for M.B.A

Postby basicgrey7 » Sat Apr 10, 2010 4:39 pm

Course
MBA 5000, Strategic Management Prereqs
MBA 5500, Quantitative Modeling Completion of all Phase I courses
MBA 5550, Marketing Management BUS 3470, Principles of Marketing
MBA 5605, Managerial Accounting Control BUS 2102, Principles of Accounting II
MBA 5640, Financial Management BUS 2810, Business Statistics; BUS 3710, Business Financial Mgt.
MBA 5660, Operations Management BUS 3950, Operations Management
MBA 5670, Information Systems BUS 3500, Management Information Systems
MBA 5680, Organizational Behavior BUS 3010, Mgt. & Org. Behavior
MBA 5900, Management Simulation MBA 5605, Managerial Accounting Control; MBA 5640, Financial Management; MBA 5660, Operations Management
6 Hours of Electives Must be in business or related subjects and must be approved by the MBA Coordinator.
Total: 33 Semester Hours

^^^Heres my school's MBA program. I know for my business degree, I tried to take as little math as possible :) and for my undergrad in business I have taken these courses:
Business statistics
Financial Accounting
Managerial Accounting
Finite Math
Math Analysis
Business Financial Management (really hard!!!) -more accounting like and with financial statements, etc
Operations Management had some math

MBAs are more applying what you learned to real life to business situations instead of just learning the principles. I think you would need the math more to figure out business solutions and problems. Know how to read financial statements and forecast sales and things like that. With computers so prevalent a lot of the stuff shouldn't be too hard, but I would make sure to have some accounting knowledge at the least.

Hope that helped!!
Last edited by basicgrey7 on Sat Apr 10, 2010 4:50 pm, edited 2 times in total.

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Knock
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Re: Math Skills Needed for M.B.A

Postby Knock » Sat Apr 10, 2010 4:40 pm

ze2151 wrote:have you taken the gmat?


No, I haven't. I've been studying for the LSAT. Do you have to take the GMAT? I was hoping that I could use my LSAT score to apply to the MBA program at the law school I attend.

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basicgrey7
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Re: Math Skills Needed for M.B.A

Postby basicgrey7 » Sat Apr 10, 2010 4:41 pm

Knockglock wrote:
ze2151 wrote:have you taken the gmat?


No, I haven't. I've been studying for the LSAT. Do you have to take the GMAT? I was hoping that I could use my LSAT score to apply to the MBA program at the law school I attend.

Depends which school. You can apply for the mba any time during your first year of law school. Most of the schools I talked to required a gmat too, but the ones who didn't said that you needed it if you wanted to qualify for any scholarships.

Action Jackson
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Re: Math Skills Needed for M.B.A

Postby Action Jackson » Sat Apr 10, 2010 5:09 pm

With very few exceptions you need a GMAT. The GMAT tests arithmetic, algebra, geometry, word problems, and comparisons whose real name escapes me at the moment. Strong math skills are definitely a plus. There's also a verbal part of the exam, which is easy compared to the LSAT.

Make sure you NEED a JD/MBA for the career you want. If you're just trying to pad your resume you're wasting your time and money.

NickM54
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Re: Math Skills Needed for M.B.A

Postby NickM54 » Sat Apr 10, 2010 5:15 pm

Knockglock wrote:I'm thinking about getting my JD/MBA, so I was wondering what the minimum quantitative (stats, math) skills/courses needed to get an M.B.A.

Thanks for any help.


I am finished with my MBA. The GMAT is not that bad, but be prepared to take classes with more involved mathematics in your MBA classes. Statistics, Operations Mg., Economics, Price Theory, Finance etc. are all math heavy classes. If you are really worried about being able to do math, then the MBA is probably not for you.

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Knock
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Re: Math Skills Needed for M.B.A

Postby Knock » Sat Apr 10, 2010 5:22 pm

NickM54 wrote:
Knockglock wrote:I'm thinking about getting my JD/MBA, so I was wondering what the minimum quantitative (stats, math) skills/courses needed to get an M.B.A.

Thanks for any help.


I am finished with my MBA. The GMAT is not that bad, but be prepared to take classes with more involved mathematics in your MBA classes. Statistics, Operations Mg., Economics, Price Theory, Finance etc. are all math heavy classes. If you are really worried about being able to do math, then the MBA is probably not for you.


It's not that I don't like math or even that i'm bad at math, it's just that i've rusty, since I chose a liberal arts major that didn't require any math, and so I only get a little bit of math through GE's, that's why I was trying to get a feel for what math skills were required.

NickM54
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Re: Math Skills Needed for M.B.A

Postby NickM54 » Sat Apr 10, 2010 5:26 pm

Knockglock wrote:
NickM54 wrote:
Knockglock wrote:I'm thinking about getting my JD/MBA, so I was wondering what the minimum quantitative (stats, math) skills/courses needed to get an M.B.A.

Thanks for any help.


I am finished with my MBA. The GMAT is not that bad, but be prepared to take classes with more involved mathematics in your MBA classes. Statistics, Operations Mg., Economics, Price Theory, Finance etc. are all math heavy classes. If you are really worried about being able to do math, then the MBA is probably not for you.


It's not that I don't like math or even that i'm bad at math, it's just that i've rusty, since I chose a liberal arts major that didn't require any math, and so I only get a little bit of math through GE's, that's why I was trying to get a feel for what math skills were required.


I understand. I came back to get my MBA after a few years of working. Obviously, working does not take a mastery of statistics in most cases. Stats was the biggest struggle for me, as I found it boring and at times it seemed very pointless. Just be ready for the math, you can't escape it while getting your MBA degree. If you can choose a concentration, and wish to avoid math, go for HR or a general MBA. If those are not available then the simplest for of math comes into play through accounting, where it is more memorizing rules and applying them than it is on complex math.

ze2151
Posts: 358
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Re: Math Skills Needed for M.B.A

Postby ze2151 » Sat Apr 10, 2010 5:28 pm

action jackson- the problems you're thinking of are called "data sufficiency" problems. unique to the gmat.

Action Jackson
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Re: Math Skills Needed for M.B.A

Postby Action Jackson » Sat Apr 10, 2010 6:49 pm

ze2151 wrote:action jackson- the problems you're thinking of are called "data sufficiency" problems. unique to the gmat.

Right. That junk.




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