NEW! This online course is now available in sections. (See Supplemental Materials below.) Mathematics is used to solve a wide range of practical business problems. This online course is designed to level the playing field among incoming MBA students, regardless of prior professional or academic background. Mathematics for Management reviews the key mathematics concepts students should be familiar with in order to solve quantitative problems in the MBA curriculum. The complete course includes the following sections: Algebra, Calculus, Statistics, Probability, and Finance. Each section is also available separately. The course engages students by using the storyline of several families operating small businesses in a fictional suburb of Las Vegas. Narrated animations, videos, and over 150 "do-it-yourself" exercises help students grasp difficult concepts quickly. At the end of each topic, students work through self-correcting exercises to check their mastery of the topic. Many exercises also include Excel 2007 functionality, in combination with interactive features, to further enhance understanding of essential mathematics concepts. Student progress and test scores can be viewed online or downloaded to Excel format. Approximate seat time: Beginner-12-20 hours. Experienced-5-10 hours. Subjects Covered: Mathematics, Business Mathematics, Prematriculation, Microsoft Excel, Algebra, Calculus, Statistics, Probability, Finance During your business degree program, you will use mathematics in many situations. In your economics courses, you will have to determine how demand is related to price. You might even use basic calculus to come up with a profit-maximizing price. In your statistics course, you might be expected to know the basic laws of probability. In your finance courses, you will need to understand the mathematics behind valuing cash flows. Most of your professors will expect you to know how to solve simple equations and do basic manipulations of algebraic formulas. You may not have used algebra, calculus, probability, and statistics for five or ten years. If you are an undergraduate English or music major now entering a graduate business program, you may have never studied calculus or basic probability and statistics. The purpose of our course is to help level the playing field by giving you the analytic background you need to hit the ground running and complete a top MBA program successfully. We will try to make the concepts as interesting and easy to learn as possible. You may find it useful to refer to the Mathematics for Management Concept Summary while taking the course. Let's get started!
Anexo 1 -- Management Concept Summary Mathematics for Management Concept Summary Algebra Solving Linear Equations in One Variable Manipulate the equation using Rule 1 so that all the terms involving the variable (call it x) are on one side of the equation and all constants are on the other side. Then use Rule 2 to solve for x. Rule 1: Adding the same quantity to both sides of an equation does not change the set of solutions to that equation. Rule 2: Multiplying or dividing both sides of an equation by the same nonzero number does not change the set of solutions to that equation. Straight Lines: Slope Intercept Form A straight line with slope m and y-intercept (b, 0) has the equation y = mx + b. Point Slope Form of a Line Equation Given two points on a line, (x0, y0) and (x1, y1), find the line's slope m =