Pre-MBA Preparation: Before starting your graduate business program, take GMAC courses in Accounting, Finance & Statistics to improve your MBA ROI
Today, the MBA or masters in business class at a good business school is full of students from diverse academic disciplines, including students who have excelled in sports, music and other non-academic areas. However, many students are concerned about not doing well in quantitative courses like statistics, accounting and finance. Realizing this need, Graduate Management Admission Council (GMAC), the maker of the GMAT exam, has introduced new quantitative-focused, highly affordable, online courses that are designed to help students succeed in the MBA program though GMAC Business Fundamentals.
Much like the Corporate India, business schools too have embraced diversity. Today, business schools are full of students from diverse academic disciplines, including students who have excelled in sports, music and other non-academic areas. Indeed, diversity adds a lot to an MBA class, where students bring different points of view to discussions. However, large number of students, particularly those coming from non-commerce or business-studies backgrounds, are concerned about not doing well in quantitative courses like statistics, accounting and finance. They spend a lot of time catching up with their peers, leaving them with little time for various co-curricular activities that build strong networks.
Realizing this need, Graduate Management Admission Council (GMAC), the maker of the GMAT exam, has introduced a new program, Business Fundamentals powered by Kaplan, which is a set of quantitative-focused, online courses that are designed to give students the confidence and content knowledge to succeed in their MBA or master's business program. Business Fundamentals statistics, accounting and finance are highly affordable, high-quality courses that all MBA or masters’ students should consider taking before their classes start. This special MBAUniverse.com article presents complete details and benefits of Business Fundamentals courses. So, let’s dive in!
What is Business Fundamentals?
Simply put, Business Fundamentals is a series of short online courses in statistics, accounting, and finance which are taught and have been reviewed by faculty experts from top business schools that present the lessons in business context. Each course includes videos, short quizzes, exercises, and answer explanations so that students can master the basic concepts. These courses are self-paced so that students can work based on their schedule and are accessible 24/7 both online and on mobile.
Speaking about the courses, Joy Jones, CEO Elect at GMAC said, “We are pleased to work with leading business schools to provide Business Fundamentals, which is designed to refresh candidate knowledge on core quantitative subjects essential to an MBA or business master’s program.”
So, who should consider taking these courses? The courses add value to aspiring business school students early in the admissions process as well as those who have been admitted to an upcoming program. The courses are particularly valuable for those who are coming from a non-commerce/business undergraduate background or seeking a career change by pursuing an MBA or business master’s degree.
Key Benefits
Let us check out key benefits of this course:
1. HIGH QUALITY COURSES BY TOP BUSINESS SCHOOLS: The courses have been authored and reviewed by faculty of leading U.S. business schools, including George Mason University School of Business, Georgetown University McDonough School, Northeastern University D'Amore-McKim School, and University of Pennsylvania Wharton School. “GMAC Business Fundamentals does an excellent job of providing a comprehensive introduction to finance using a variety of learning tools including spreadsheet applications and problems,” said Greg Filbeck, director of Black School of Business at Penn State Behrend and one of the professors who reviewed the product.
2. ENSURES STRONG START TO MBA OR MASTER’S: Business Fundamental courses aims to ensure that candidates and students have the foundational quantitative knowledge needed to do well in business school. Once the foundational understanding is there, students can have a smooth start to an MBA or master’s. Additionally, it aims to build confidence.
3. IMPROVES YOUR APPLICATION: The courses add value to aspirants early in the admissions process. By completing these courses, you can add them to your resume and showcase your dedication and skills to admission committees.
4. HIGHLY AFFORDABLE: Considering that these courses have been prepared by some of the best faculty from top business schools, the course fees are highly affordable. You can buy each course (Accounting, Finance, Statistics) separately for $99 (Rs ~7,871) or purchase all 3 courses for $199 (Rs ~15822) -- saving you nearly $100.
5. STUDY ANYTIME, ANYWHERE: Students can work at their own pace and courses can be accessed anytime 24/7 on computers/laptops or on mobile devices. To use your mobile device, download the Canvas App from either the Apple or Google app store.
How to enrol
You can register for Business Fundamentals courses by clicking links below:
Course |
Cost |
Enrolment Link |
Statistics Fundamentals |
$99 (Rs ~7,871) | |
Accounting Fundamentals |
$99 (Rs ~7,871) | |
Finance Fundamentals |
$99 (Rs ~7,871) | |
All Three Courses |
$199 (Rs ~15822) |
What you will learn
Here is a quick overview of what you will learn from each of the three courses.
Accounting:
- Become acquainted with balance sheets and cashflow statements
- Understand the framework for describing and assessing a business’ finances
- Learn to differentiate assets, liabilities, and equity
- Build knowledge of accounting theory, processes, and practices
Finance:
- Gain an understanding of how businesses raise capital, manage debt, and build equity
- Become familiar with financial analysis procedures
- Get an overview of managerial finance in the corporate world
Statistics:
- Learn how to analyze, summarize, and leverage spreadsheets
- Practice displaying data to guide business decisions
- Explore Probability Theory and the Normal Distribution Model
So, get the fundamentals you need for a graduate business school program today! Enroll now.
About GMAC and Kaplan
The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. Founded in 1953, GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry, as well as tools, resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test™ (GMAT™) exam is the most widely used graduate business school assessment.
Kaplan is a global educational services company that provides individuals, universities, and businesses with a diverse array of services, including higher and professional education, test preparation, language training, corporate and leadership training, and student recruitment, online enablement and other university support services. With operations in 28 countries, Kaplan serves more than 1 million students each year and has partnerships with 1,000-plus universities, colleges, and schools/school districts, and more than 4,000 businesses globally. Kaplan is a subsidiary of Graham Holdings Company (NYSE: GHC).
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