One of our students recently asked us how he could get ready for the math he would face in business school considering he struggled with the GMAT quantitative section. In fact, many MBA programs recommend new students review math concepts, such as probability and statistics, prior to business school orientation. Here are 3 ways for you to get quant ready for your MBA:
1. Take a course on Coursera. We are huge fans of this online learning platform that allows you to take great courses from top universities. You'll get the full experience—video lectures from professors, powerpoint slide notes, homework assignments with fixed due dates, final exams, and chat time with your classmates through a forum—for FREE. Yes, FREE. To get b-school quant ready, check out these courses:
Mathematical Methods for Quantitative Finance
Introduction to Finance
Introduction to Computational Finance and Financial Ecometrics
2. Audit a course at University of Wollongong Dubai or the American University of Dubai. Many universities allow non-students to enroll in courses, but not receive college credit, as long as they apply and pay fees. University of Wollongong Dubai offers courses for professionals, such as Accounting for Managers, that can help you start preparing for b-school. AUD offers Introduction to Business Statistics, Quantitative Methods for Decision-Making, and Principles of Financial Accounting. You may be taking these classes with 18 year old freshmen, but you're guaranteed to get back into the study mode. Visit the websites of University of Wollongong Dubai and the American University of Dubai for more information.
3. Study on your own. If classes on Coursera or at AUD seems too involved, try self-study by working through some books or websites on your own. Browse through Book World by Kinokuniya's (in Dubai Mall) text books (located near the GMAT and English Language Teaching books) or order off of Amazon.com. Here are two of our recommendations:
Are there any other ways to become quant ready for your MBA? Let us know!