The MBA Math Monday series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. The normal distribution is essentially the familiar symmetrical bell curve that characterizes many phenomena. Even when distributions of interest are asymmetrical, the normal distribution is central to sampling and confidence intervals…

## MBA Math Monday: Supply and Demand

The MBA Math Monday series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. The market interaction of supply and demand is one of the classic business concepts that people encounter from school snack swaps to shopping at the mall, from start ups to too-big-too-fail banks,…

## MBA Math Monday: Journal and T-Accounts

The MBA Math Monday series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. The first MBA Math accounting exercise explained that balance sheets provide a snapshot of a firm’s financial condition at a moment in time, with “balance” referring to the equality between the left…

## MBA Math Monday: Bonds

The MBA Math Monday series returns after a break since mid-July for classroom teaching. The series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first-year curriculum. As described in the first three MBA Math Monday finance exercises, quantitative finance builds incrementally. The first and second finance exercises deal…

## MBA Math Monday: Linear Regression

The MBA Math Monday series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. Linear regression helps to identify the best line characterizing two sets of data. Regression generally is used where one factor managers control, such as advertising, is believed to influence another…

## MBA Math Monday: Marginal Analysis by Calculus

The MBA Math Monday series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. The first two economics exercises examined marginal analysis. which discovers a firm’s optimal production quantity and profit. Marginal analysis problems can be posed equivalently in terms of tables, formulas, or charts. The first exercise…

## MBA Math Monday: Income Statement

The MBA Math Monday series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. The first and second MBA Math accounting exercises examined the balance sheet, which represents the sources and uses of a firm’s funds at a snapshot in time. The first exercise…

## MBA Math Monday: Annuities

The MBA Math Monday series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. As described in the first and second MBA Math Monday finance exercises, quantitative finance builds incrementally. Those exercises deal with converting a single amount of money at one point in time into a…

## MBA Math Monday: Probability

The MBA Math Monday series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. Probability is a language for dealing with uncertainty. Like any language, it has structure and rules that take practice to internalize. This exercise is at its core a simple logic…

## MBA Math Monday: Marginal Analysis by Formula

The MBA Math Monday series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. The first MBA Math economics exercise explained that marginal analysis discovers a firm’s optimal production quantity and profit. Marginal analysis problems can be posed equivalently in terms of tables, formulas,or charts….

## MBA Math Monday: Balance Sheet Transactions

The Monday MBA Math series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. The first MBA Math accounting exercise explained that balance sheets provide a snapshot of a firm’s financial condition at a moment in time, with “balance” referring to the equality between…

## MBA Math Monday: Time Value of Money Part 2

The Monday MBA Math series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. With this post, we begin our second pass through the main MBA Math topics of finance, accounting, economics, and statistics. This exercise extends the first Monday MBA Math finance exercise…

## MBA Math Monday: Variance

The Monday MBA Math series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. Variance is a basic summary statistic that reflects the degree of spread for a set of data from that data’s average value. The wider the spread, the higher the variance. …

## MBA Math Monday: Marginal Analysis by Table

The MBA Math Monday series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum. Marginal analysis yields insight into the optimal production quantity, and corresponding profit, by examining whether each additional quantity sold generates more revenue than it costs to produce. Many students new, or…

## MBA Math Monday: Balance Sheet Basics

The MBA Math Monday series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first-year curriculum. Balance sheets provide a snapshot of an organization’s financial condition at a moment in time, whether the organization is your favorite coffee shop or the struggling titans of Wall Street. This…

## MBA Math Monday: Time Value of Money

Quantitative finance is built on a foundation of time value of money relationships that allow a single amount of money at one point in time to be converted into an equivalent amount of money at a different point in time given a specified time period and applicable rate. This rate is typically referred to as…

## MBA Math Monday: Introduction

I welcome Dr. Peter Regan of MBA Math as a contributor to Accepted’s Admissions Almanac. The self-assessment that Peter writes about is a critical part of the evaluation required to develop a sound MBA admissions strategy. — Linda Abraham This post introduces a new weekly feature intended to help MBA applicants to assess their readiness for…