Wednesday, February 28, 2018

Highest & Lowest GMAT Scores At The Top 25 Schools - Poets&Quants

The lowest possible score on the Graduate Management Admission Test is 200. But if you have a pulse, you’re all but guaranteed to score twice that — even if you have no business applying to business school. In fact, according to GMAC, the Graduate Management Admission Council, which administers hundreds of thousands of GMAT tests every year, over the last three years the mean score on the test was 556.04. In 767,833 tests taken between 2015 and 2017, no one scored lower than 220.

If you’re reading this, those numbers are probably no more than amusing trivia, since you’re more likely to be a serious MBA candidate who already has taken the GMAT or studied long and hard to do so. But just for a moment consider what might happen if your GMAT score didn’t live up to expectations: What if you bombed it? Are your dreams of attending a top business school dashed if you score near, or below, the average?

The answer is a qualified no. Because while things will be much harder for you — and you will have to step up your application in various other ways to overcome your low GMAT — it can be done. Just witness some of the scores at the top 25 B-schools in the United States: According to a Poets&Quants analysis, 11 of the top 25 schools admitted someone with a GMAT score in the 500s, including four of the top 10 schools. At four schools in the top 25, the lowest GMAT score that earned admission was lower than GMAC’s three-year average of 556.

In fact, of the 20 schools that provided P&Q the full range of GMAT scores for enrollees in the Class of 2019 (the other five schools provided only the middle 80% range), 13 had low-end scores of 600 or less. That includes the elite of the elite: the Wharton School at the University of Pennsylvania (530), Harvard Business School (580), Northwestern University Kellogg School of Management (600), MIT Sloan School of Management (580), and Columbia Business School (530). The average low score for the 20 schools: 586.5. The average low for the top 10 (all of which provided full-range data): 595.

ONE SCHOOL TAKES IN A STUDENT WHO SCORED 510

And the lowest GMAT score that earned someone a ticket to business school at a top-25 institution? A 510 at Duke University’s Fuqua School of Business. That’s the sort of score — landing in just the 31st percentile of all tallies, according to GMAC — that means the candidate must have had some amazing attributes that admissions folks at Duke found super compelling.

As one Duke communications person put it to P&Q — in a sentiment echoed by admissions directors at multiple schools — “our admissions team has long had a commitment to looking at a candidate holistically, beyond a test score alone.” Russ Morgan, senior associate dean for full-time programs at Duke Fuqua, explains that the school approaches test scores as just one element in a person’s overall candidacy. Another, he says, is the school’s “25 Random Things” essay question that asks applicants to share a list of personal facts.

“Test scores are important but they are only one slice of the pie in the Fuqua admissions process,” Morgan says. “We are much more interested in if a candidate is going to be a fit for Fuqua, and specifically the ‘Team Fuqua’ way of working: an approach to leadership that values differences and seeks to pull out the strengths of others to achieve a common goal.

“Because of that, we really try to get to know our candidates on a deep level. That’s part of what’s behind the ‘25 Random Things’ essay. Those random facts tell us a lot about the character of a person, what he or she values, and their motivations for pursuing a business degree. Ultimately, our admissions team is most interested in if a candidate’s passions and purpose align with our leadership philosophy and approach. We feel that’s a much stronger predictor of a student’s success at Fuqua and beyond than a test score alone.

“That said, high test scores never hurt.”

EVEN AS SOME SCHOOLS ACCEPT LOW SCORES, AVERAGES EVERYWHERE RISE

In the fall 2017 intake, three schools in the top 25 admitted applicants with low scores of 530 — the Wharton School, Columbia, and Indiana University Kelley School of Business. According to GMAC, that’s only the 34th percentile of all test takers in the last three years. Another six schools said yes to applicants with scores of 580 (HBS, MIT Sloan, NYU Stern School of Business) or 590 (Cornell University Johnson Graduate School of Management, University of Texas-Austin McCombs School of Business, Georgetown University McDonough School of Business). That’s the 51st and 54th percentiles, respectively. Another top-25 school, Rice University’s Jones Graduate School of Business, admitted someone with a 560, in the 44th percentile.

But low scores and percentiles are only part of the story. The high scores in each school’s range continue to be 780-790 for all of the top 10 schools and 16 of the 20 that provided the data to Poets&Quants. And even as many schools make exceptions at the low end for outstanding candidates, average GMAT scores continue to climb, led by Stanford Graduate School of Business’ remarkable 737. The top 19 schools in the P&Q ranking saw improvement in their scores year-over-year or no change between 2016 and 2017; you have to go all the way down to Emory University’s Goizueta Business School at No. 20 to find a backslide, in this case a 1-point drop from 683 to 682. Only one other school had a decrease in mean GMAT scores: No. 24 Notre Dame University’s Mendoza College of Business, which saw a 9-point decline to 674 from 683. Six schools, including pace-setter Stanford, saw no change; the average increase at the 17 others was 4.88 points (heavily weighed by a 21-point jump to 711 at Rice Jones).

Not all schools are forthcoming about their GMAT scores; some schools don’t like to provide averages, preferring instead to publish median scores. The reason: Some schools believe that an average number makes applicants more anxious and concerned about the GMAT. “Somehow, the average is much more of a red flag in people’s psyche’s than a median (below average, above average are part of everyday language),” one school official told Poets&Quants. “This gives applicants a sense of the range of scores, rather than lead them to focus on one number that hangs over them like the proverbial sword of Damocles.” Another solution is to publish the full range of scores, but as we have seen, some schools are reluctant to do that, too.

THE NON-U.S. GMAT PICTURE: SAME BUT DIFFERENT

And what about non-U.S. schools? In average GMAT scores, it’s a mixed bag: Looking at six schools, we see three with a decline in scores (London Business School, HEC Paris, Oxford Said) and three with an increase (INSEAD, Cambridge Judge, Toronto Rotman).

As far as minimum scores, it looks like you need a 600 on the GMAT to get into a European B-school (though Cambridge does not make available their range, even the 80% range), but Toronto Rotman last fall took in someone with a 500 score — more than 50 points below the average for all takers in the last three years.

(See the next page for a full list of the top 25 U.S. schools and their GMAT score ranges, score averages, and year-over-year changes in mean scores.)

Someone got into the Duke University Fuqua School of Business last fall with a 510 GMAT score

DON’T MISS AVERAGE GMAT SCORES AT THE TOP 50 BUSINESS SCHOOLS and AN EARLY LOOK AT THE LATEST GMAT SCORES

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From Adventure Travel To Business With A Purpose - Poets&Quants

The founders of Lonely Planet Publications, Maureen and Tony Wheeler, have turned their philanthropic attention to business ventures in the developing world, donating $14 million to the new entrepreneurially focused Wheeler Institute at London Business School

The co-founders of one of the world’s best-known travel guidebooks want to make the world a less-lonely place for entrepreneurs in developing countries. Tony and Maureen Wheeler, founders of publishing giant Lonely Planet, have donated £10 million ($14 million) to London Business School to fund LBS’s newly established Wheeler Institute for Business and Development — a massive infusion that will help the new institute apply business and entrepreneurship solutions to pressing social and economic problems in the developing world.

The Wheelers have sent scores of backpackers to the far corners of the world. Now they want to send businesspeople, to be a force for good where it is needed most.

“The Wheelers have had a long-standing interest in emerging markets and development in the world of business,” says Wheeler Institute Director Rajesh Chandy, a professor of marketing at LBS and, for the last nine years, the Tony and Maureen Wheeler Chair in Entrepreneurship. “The purpose of the institute is to help solve some of the biggest problems facing humankind through the lens of business, through the power of business.”

‘EARLY DAYS’ IN DETERMINING HOW TO MAKE USE OF A MASSIVE GIFT

Tony and Maureen Wheeler

Tony Wheeler is a 1972 graduate of LBS’s MSc05 program. That same year he and Maureen created their best-known achievement, a guidebook series that many travelers now consider indispensable. But the Wheelers have not been content to help generations of globe-trotters find convenient hostels or avoid tourist traps in unfamiliar surroundings. After selling a majority stake in Lonely Planet Publications in 2007, they founded the international development organization Planet Wheeler Foundation, which focuses on education, health, human rights, and community development in East Africa, Afghanistan, Burma, Cambodia, and Laos. In 2017 they were awarded the 13th UN World Tourism Organization Lifetime Achievement Award.

Which makes them ideal financiers of the new institute’s mission to bring about positive social and cultural change — but this time through sharing and applying business expertise. The institute, which officially launched in December of last year as the Business and Development Institute, already had been engaged in wide-ranging research, Rajesh Chandy tells Poets&Quants, that will be brought to bear on challenges faced by some of the world’s most underprivileged communities — poverty, illiteracy, disease, pollution, lack of services, and more. Then came January’s announcement of the Wheelers’ huge gift.

“We have multiple initiatives and events coming up that will be announced soon,” Chandy says. “We don’t have specifics yet, but we will be meeting soon to finalize our plans for the year. We’re still in the early days of working out how exactly to make effective use of the Wheelers’ gift. Of course we have many ideas, but given the nature of the gift we’re ramping up our ambitions quite a bit more. Our activities, therefore, will be quite a bit different from what we had anticipated.”

‘AN OPPORTUNITY TO MAKE A DIFFERENCE’

Broadly speaking, how might those ambitions and activities manifest? Chandy, attending the American Marketing Association 2018 conference in New Orleans, uses a local example to explain.

“When Katrina happened, there were all these stories about how Walmart was able to get its trucks in before the federal government could get its trucks in and get the logistic system working — even before the emergency management folks could do so,” Chandy says. “Amplify that by many times and that is the situation in developing countries, where governments are unable or unwilling to do as much as they could, and the private sector, to an extent — based on enlightened self-interest — has an opportunity to make a difference.”

Students and faculty alike get excited about these opportunities, Chandy says — they are a chance to see an immediate and life-changing impact of something they do.

“The Wheelers’ interest in emerging markets and development dovetails very well with the interest of a fairly significant number of LBS faculty who are also working in this area,” he says. “It’s one of the things that’s fairly unique about LBS — given its location and its linkages to the rest of the world, the focus on emerging markets comes somewhat naturally, as does the link between business and development. And the opportunities to make an impact are huge.”

WITNESSES TO THE IMPACT OF BUSINESS ‘ON OUR WORLD’S MOST VULNERABLE COMMUNITIES’

Dr. Rajesh Chandy, director of the new Wheeler Institute at London Business School

“Tony and Maureen’s gift to the school is not only very generous,” says François Ortalo-Magné, dean of LBS, in a school news release, “it also demonstrates trust in the quality of the research and teaching produced by the school. The Wheeler Institute is underpinned by the fundamental idea that business can make a positive contribution to economic and social development. Business solutions can bring innovation, scalability, and entrepreneurial energy to tackling the great social challenges of our time; that’s why as a business school, LBS is moving the goalposts on how we can turn business research into action for good.

“Why now? This next generation of business leaders and entrepreneurs — the ones whom we are educating and training — know that we can and should harness the power of business for a bigger purpose; we can train this generation differently, so that they emerge as more inclusive, more courageous leaders for good,” Ortalo-Magné says.

London Business School is the ideal place for an initiative like the Wheeler Institute, says its namesake, Tony Wheeler. It’s an international city — unlike, say, New York, which is a very American city. What better place than London to launch an institute dedicated to international entrepreneurship? “Maureen and I have been passionate supporters of international development efforts for many years and firmly believe that business and entrepreneurship has a central role to play in this journey,” Tony Wheeler said in the news release. “It’s a privilege to lend our support to LBS and the Institute; we are grateful to be part of the institute’s long-term efforts to alleviate poverty in those regions most in need.”

Added Maureen Wheeler, who was awarded an honorary fellowship from LBS in 2011: “Tony and I are fortunate to have travelled widely over the course of our careers. We have witnessed the impact, both positive and negative, that business has on our world’s most vulnerable communities. Our donation to the Institute fits with our belief that business has a positive part to play in development globally.”

DON’T MISS MEET LONDON BUSINESS SCHOOL’S CLASS OF 2019 and POETS&QUANTS’ TOP MBA STARTUPS OF 2018

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Chazen Program Connects Columbia MBAs With Global Leaders - Poets&Quants

Alvaro Arzu (left), former president of Guatemala and current mayor of Guatemala City, meets with Columbia Business School students Andres Palacios Schippert ’18 and Luis Hector Rubio ‘18 (far right) on their study tour to Guatemala in January 2018. Photo by Amber Liang/Chazen Institute

Patrick Yee is a first-year MBA student at Columbia Business School, but he’s already traveled more in his time at the school than many have their entire lives. Typical to many MBA students, Yee has been jetsetting to Mexico, Cuba, and South Africa with his classmates. Next semester, he hopes to visit Italy, Israel, and Mongolia. It’s with the help of the Jerome A. Chazen Institute for Global Business that MBA students at Columbia get to design a global education experience that’s difficult to beat.

“Columbia really broadcasts its Chazen Global Study Program and it had a tremendous influence on my decision to choose Columbia,” says Yee, who graduated with a degree in chemical engineering and worked in consulting and private equity for six years before returning to graduate school. “I’m an avid traveler and Columbia had the best international opportunities paired with the large international student body.” According to school data, some 43% of Yee’s class that entered the school last fall were international students.

With his eyes set on markets abroad, Yee was particularly interested in learning about emerging financial markets both inside and outside the classroom. At Columbia, the Chazen Institute study tours are organized and led by students for students, and students get to interact with high-flying business people and local officials during their travels. From the king of Spain and president of the Philippines to military leaders in Israel, Columbia students graduate with contacts and experiences that place them at the forefront of international business. Combined with the school’s high international population, the native-led business tours may help explain why the school received over 6,100 applications last year, and only about 1,000 were admitted.

“We’ve been doing these trips for over 27 years and more than 5,000 students have gone to over 45 countries,” Amber Liang, assistant director of the Chazen Institute, boasts. “Students are hearing about globalization all the time but it’s important for them to experience it first-hand and learn about how it impacts politics, social life and economies. For example, how is the supply chain being affected and how is it changing business?”

Liang estimates that the study tours cost between $1,500 to $2,500 per student, excluding airfare, as students are asked to meet at the destination since they may be traveling from different parts of the country. However, there are many ways for a student to get financial help to go on one of these. Last year, almost 50 students were awarded the Chaizen Laidlaw Travel Fund that covers up to $2,000 of the cost. The school also sponsors the cost for students who help organize study tours, and students can go on multiple Chazen study tours.

Cementos Progressos is a large conglomerate that manufactures cement in Guatemala. Students visited their San Miguel Plant and quarry on a Chazen Study Tour in January 2018. Photo courtesy of Cementos Progressos/Chazen Institute

AN INTERNATIONAL COHORT FOR PEER LEARNING

For four years, Paulina Dougherty worked as an analyst for the head of Latin America with Credit Suisse, before returning home to help out with her family’s cement manufacturing business in Guatemala for a year. In January 2018, the second-year MBA student at Columbia helped guide a team of 36 of her schoolmates on an eight-day social enterprise trip through Guatemala.

Together with three other friends, Dougherty began planning the trip in April 2017. The team got to meet the former president of Guatemala and current mayor of Guatemala City, Alvaro Arzu, former ambassador for Guatemala in the U.S. Guillermo Castillo, and various fund investors and nonprofit organization leaders.

“We chose the social enterprise focus because of the huge role it has in today’s businesses,” Dougherty explains. “Guatemala has a private sector that’s extremely invested in its community, regardless if it’s the smallest business, startup or biggest company in the country. Combining my passion for social enterprise with the interest of the students in the Guatemalan culture, I wanted to show my classmates my world.”

While there, the team also visited Dougherty’s family’s cement factory and spoke with her father, who is a board member, and her brother, who is a mechanical engineer. They also helped paint houses as part of a nonprofit project to increase visibility of the town to promote tourism. Part of the reason Dougherty proposed to lead a tour of her country to the school was a desire to encourage her classmates to begin thinking of Guatemala as a place for business. She believes that with more exposure, the country can receive more investment to help grow the stagnant economy.

RISK MITIGATION INCLUDED FOR POTENTIALLY DANGEROUS COUNTRIES

Liang, who joined the trip as an administrator, says that while the tour did not attract enough students initially, it became overfilled after a small marketing push. Because of the places the students are traveling to, the Chazen Institute works closely with a risk management agency to help plan reasonably safe itineraries.

“Guatemala is a high-risk country with gang and violent crime in certain areas where it’s unsafe to walk around at night. We reviewed the itinerary with the agency and they gave us suggestion on how to mitigate the risks,” she says.

To be sure, these trips are certainly not all work and no play. Because of the intensity of back-to-back meetings with various leaders, itineraries usually also include plans to visit cultural sites, such as Mayan ruins. Students on the Guatemalan trip even went on a boat party.

MANY MORE GLOBAL OPPORTUNITIES ON THE HORIZON

Another Guatemala trip organizer, Luis Hector Rubio, grew up in Madrid, Spain and joined Columbia after working in Peru, Mexico, Venezuela, Spain, and Luxembourg. In March 2017, Rubio, who has a background in space communications, went on a Chazen study tour to Israel, an experience he calls “fantastic.” As part of the Columbia Entrepreneurs organization, Rubio was also able to travel to Saudi Arabia to attend a global forum where he met Bill Gates and other prominent individuals in the tech sphere trying to move Saudi Arabia from a petrol-based economy to a knowledge-based economy. He has also been to Uganda as part of a consulting nonprofit project.

“I’ve visited Mexico, Costa Rica, Ecuador, Japan, Oman, and United Arab Emirates with friends at Columbia,” Hector says. “We shared our interests and decided to go. Some were road trips and some were adventure trips, but all of them were learning journeys. ”

In many cases, students on Chazen study tours also plan to arrive at a destination earlier ot stay behind after the trip to continue traveling and exploring with friends. Yee met up with a classmate a day before the official start of a South Africa study tour and together, the two went hiking and climbed a mountain. He is on the organizing committee to help plan a study tour for classmates to Mongolia later this year.

Columbia Business School students show their school pride on the Chazen Study Tour to Guatemala in January while volunteering with Pintando Santa Catarina Palopo, a nonprofit founded by former CNN correspondent Harris Whitbeck Pinol, a Guatemala native and an alum of Columbia Journalism School. Photo by Pedro Barata/Chazen Institute

VISITING A SOCIAL ENTERPRISE IN SOUTH AFRICA

Thandokuhle Mtshali is another Columbia MBA who hosted a study tour. Yee, who joined Mtshali’s eight-day study tour around South Africa says the experience of visiting a rhino conservation agency, e-commerce agencies and exploring the wine industry was life-changing. Mtshali moved to New York in August 2016 to attend Columbia after five years as a management consultant in Johannesburg, South Africa. A total of 30 students joined the winter trip that kicked off in Cape Town.

“We visited an e-commerce company because I wanted to show how it’s a very small market in South Africa. The industry serves mainly white people who remain in the country,” Mtshali says. “Few people can afford to shop online and it highlights the socio-economic differences from the majority society. People also don’t trust online banking, or paying with a credit card. I wanted to share that we can’t just copy and paste the things we learn from developed markets.”

Together with Mtshali, the group visited social enterprise, Township Farmers, which works with schools to address the food shortage but with funding difficulties and little support from the state, and a financial management app company that helps the financially illiterate learn to manage money. A main learning point for many of the students on this trip was a realization of how post-apartheid South Africa wasn’t the gateway to the African economy, like commonly believed.

“People were really surprised by how divided and segregated the rich, poor, black, and white here are,” Mtshali, who hopes her classmates left with an appreciation of how far her country had come, says. “This experience gives them context of how a country, in reality, never recovers from something like apartheid. Based on the company visites and engagement with business leaders, I hope they see the inequality issues and will be informed contributors to companies that decide to do business here.”

On their Chazen study tour to South Africa in January, Columbia Business School students met with Township Farmers, a nonprofit near Cape Town that promotes organic agriculture by teaching it to children through its daycare centers. Photo by Abheek Bhattacharya/Chazen Institute

CONTINUING CHAZEN ABROAD

Even after returning from these study tours, the students remain close from the bonds they build while traveling, learning, and reflecting. While some organize gatherings and meetups to bring together the group regularly when they are back in New York, some of them want to work on the things they have learned while abroad.

Mtshali says that students on the South Africa trip have suggested creating projects for the group or school to help the struggling social enterprise continue helping the community.

For Dougherty, her classmates have suggested that her father join a TED talk to share his knowledge on social enterprise in developing economies, especially as part of his family business in Guatemala.

“We (Guatemalans) don’t do a good job of selling ourselves. We have a lot to offer economically and is a place with a lot of strategic important, bridging South and North America,” Dougherty says. “I want the world to see that we’re hardworking people dedicated to improving our lives and our community and these study trips can help bring solutions to growing and improving our projects and initiatives.”

DON’T MISS: MEET COLUMBIA BUSINESS SCHOOL’S MBA CLASS OF 2019 or WHAT COLUMBIA MBAs MADE THIS YEAR

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More Business School Admissions Advice You Don’t Want To Hear - Poets&Quants

There is so much information swirling around about business school admissions that it can be hard to know what to believe. It’s also easy to find advice that supports what you want to hear, which can lead to trouble. In addition to the blind spots that I previously wrote about, here is some more business school admissions advice that you might not want to hear.

  • You probably shouldn’t apply third round.

For most people, third round is not the place to be. It’s unbelievably competitive, you need to have an incredibly strong application and under some circumstances it can hurt you to reapply. Yes, some people get in, and I have worked with successful third round candidates. Nevertheless, it’s usually not the right move.

  • Wait listed? Don’t visit uninvited or send tons of unsolicited materials.

This one is really hard for people to hear. There are definitely things that you can do to move the needle when you are wait listed, and those things vary depending upon why you were wait listed in the first place. Demonstrated interest is good, as long as it’s done correctly. However, it WILL backfire if you ignore the school’s rules and cross boundaries. Use good judgment, and even though it can be hard, sometimes the best way to enhance your candidacy is just to wait.

  • Yes, you should interview on campus.

I know that the MBA application process is expensive, long and time consuming. When schools offer you the option of interviewing remotely or locally it can seem like a great plan. If you are really interested in the school, I strongly suggest that you make the effort to go, especially if it’s a school like Wharton or Ross that offers a team-based exercise, or a school like Tuck, Duke or UNC, which offers applicant- initiated interviews.

For all programs it never hurts to go in person – you are demonstrating interest, which reassures them a bit about yield, and it’s easier to credibly articulate your passion for the school in-person. Plus, it’s harder to connect with your interviewer via skype, and alumni interviewers can be erratic. You have already put in a tremendous amount of work to get the interview, why take a chance?

At some level, you probably already know which business school admissions advice makes the most sense for your candidacy. Follow your instincts, find trusted advisors and use the information that’s available to enhance your applications.


Karen has more than 12 years of experience evaluating candidates for admission to Dartmouth College and to the Tuck School of Business at Dartmouth. Since founding North Star Admissions Consulting in 2012, she has helped applicants gain admission to the nation’s top schools, including Stanford, Harvard, Yale, Wharton, MIT, Tuck, Columbia, Kellogg, Booth, Haas, Duke, Johnson, Ross, NYU, UNC, UCLA, Georgetown and more. Over the last three years, clients have been awarded more than 14.2 million dollars in scholarships, and more than 95% have gotten into one of their top choice schools.

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Negotiator (& EMBA grad) who found Hussein launches podcast - Olin BlogOlin Blog

Eric Maddox says after 15 years of negotiating and interrogating, he's learned a few lessons that he says will apply to anyone

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CAT 2017 Topper Interview - Mradul Verma - Jagran Josh

CAT 2017 topper Mradul Verma shares his secret to success in toughest MBA entrance test of India through this video interview.



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CAT 2017 Topper Interview - Anshul Aggarwal - Jagran Josh

CAT 2017 topper Anush Aggarwal shares his secret to success in toughest MBA entrance test of India through this video interview.



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Best Free MOOCs In Business In March - Poets&Quants

Any employee can rattle off the clichés about human resources. They are the company puppets and politicians, derided as “two-faced,” “impotent,” and “short-sighted.” Impartial? Hardly! To many, HR has been weaponized – the goon squad who’ll protect the company (well, current management mostly) at any cost. Worst of all, they seem to live in a bureaucratic bubble, a cost center that barely understands the business. Who’d respect that?

That’s how human resources operates in dysfunctional cultures. In the best companies – Google, Nissan, BCG – human resources drive strategy, champion change, and empower talent. They are trusted instead of tolerated and treated as partners instead of prodigals. Such firms promote transparency, access, ownership, and fairness. In other words, they are a central part of the operation, concerned more with production over paperwork and growth instead of gamesmanship.

TAKING HR TO THE NEXT LEVEL

How can companies achieve such an end? That’s one of the themes in Preparing to Manage Human Resources, a course starting March 5th. Produced by the University of Minnesota’s Carlson School of Management, the course is a primer on what it takes to deliberately mold and motivate employees in a way that balances company goals with employee aspirations. Even more, the course looks at the nature of work itself, and how employers can tap into that innate sense that work is an extension of one’s passions and purpose.

“It is easy to dismiss work as the daily grind or as an economic activity separate from rest of one’s life that generates commodities, services, and income,” says John Budd, the course instructor who also serves as the chair of Carlson’s Department of Work and Organizations, in a 2014 interview. “This is an excessively narrow view of work. Work can be a source of personal fulfillment and psychological well-being that provides more than extrinsic monetary rewards. Work is a way to intimately care for others and to serve others through volunteering, civic service, military service and other means. On an even deeper level, work can be a source of identity by helping individuals understand who they are and where they stand in the social structure.”

The course has already been a big winner, with previous sections drawing students from over 100 countries and student satisfaction averaging 4.7 off 263 reviews. “I really enjoyed this foundation class,” writes one reviewer from October 2017. “It provide me with a deeper understand of human resources beyond just transactional duties.”

WHARTON COURSES HIGHLIGHT A BUSY MONTH

That’s just one of a full menu of online MOOCs this month. On Monday, Wharton opens another section of Building High-Performing Teams, a research-driven course on how to enhance communication and reinforce the right behaviors in a team dynamic.  Similarly, the University of Virginia returns with Strategic Planning and Execution, one of Coursera’s most highly-rated MOOCs that reviewers describe as “insightful,” “relevant,” and “clear.”

By the same token, Wharton is rolling out Introduction to Marketing, one of the most attended MOOCs of all time, on March 19th. In addition, Wharton is also offering Accounting Analytics and Modeling Risk and Realities in March, with each course taught by full-time Wharton instructors who each hold the school’s top teaching award. Indeed, it is a set of courses with something for everyone, including FinTech, neuromarketing, valuation, and organizational design.

To learn more about these courses — and many more — click on the links below.

Marketing

An Introduction to Marketing / March 19 / Wharton School

Content Strategy for Professionals: Engaging Audiences / March 5 / Northwestern University

Competitive Strategy / March 19 / Ludwig-Maximilians-Universität München

Marketing Mix Fundamentals / March 5 / IE Business School

An Introduction to Consumer Neuroscience and Neuromarketing / March 19 / Copenhagen Business School

Management

Preparing to Manage Human Resources / March 5 / University of Minnesota (Carlson)

Building High-Performing Teams / March 5 / Wharton School

Strategic Planning and Execution / March 5 / University of Virginia (Darden)

Designing the Organization: From Strategy to Organizational Structure / March 5 / University of Illinois

Operations Management / March 5 / University of Illinois

Finance

Innovation Strategy: Developing Your FinTech Strategy / March 5 / Copenhagen Business School

Modeling Risk and Realities / March 5 / Wharton School

Accounting Analytics / March 5 / Wharton School

Valuation: Alternative Methods / March 5 / University of Michigan (Ross)

Investment Strategies and Portfolio Analysis / March 5 / Rice University

 

An Introduction to Marketing

School: Wharton School

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 19, 2018 (4 Weeks Long)

Workload: 5-6 Hours Per Week

Instructors: David Bell, Peter Fader, Barbara E. Kahn

Credentials: Professor Bell teaches Marketing Management in Wharton’s MBA and Executive MBA program. Aside from being extensively published in resources like the Journal of Consumer Researchand the Journal of Marketing, Bell is also the Academic Director for Wharton’s Advanced Management Program. Professor Fader is the Co-Director of the Wharton Customer Analytics Initiative and author of the acclaimed Customer Centricity: Focus on the Right Customers for Strategic Advantage. Before returning to Wharton, Professor Kahn served as the Dean of the School of Business Administration at the University of Miami in Coral Gables, Florida. From 1982-2006, Kahn was among the most published author of articles in the most prestigious marketing journals.

Graded: Students can choose to explore course videos, discussions, and ungraded assignments for free, but they won’t be able to submit graded assignments, earn a certificate, or complete a specialization without paying a $95 fee per course.

Description: The course will be divided into three modules: Branding, customer centricity, and go-to-market strategies, with concepts taught in the context of how real companies implemented them. Each module lasts three weeks and will be led by one of the three instructors. After the module is completed, the instructors will hold an interactive discussion about the material followed by an assessment. A course syllabus is available on the Coursera link.

Review: “This excellent introduction to marketing is taught by three eminent professors from Wharton in separate modules. It is not structured as a comprehensive overview of basic marketing concepts from A to Z; rather, the course provides a focused treatment of three highly “actionable” areas, which collectively cover a solid range of practical, contemporary marketing challenges. Barbara Kahn gives a broad overview of branding principles and strategies; Peter Fader covers “customer-centric” marketing methodologies that analyze the customer base and actively exploit its heterogeneity; and David Bell describes up-to- the-minute go-to-market strategies that directly confront the challenges of competition in an online world. (His take on how traditional businesses can cope with customers who shop in person and buy online is especially compelling.) The lectures are crisp and professional, and the optional readings are all interesting and well chosen; it would be a mistake to skip them. The exams are not difficult if you’ve studied the material. Overall a valuable and highly enjoyable course.” For additional reviews, click here.

Additional Information: This course is part of a “Business Foundations” specialization, a four course series that covers marketing, financial accounting, operations, and corporate finance. To learn more about these courses and register for them, click here.

Content Strategy for Professionals: Engaging Audiences

School: Northwestern University

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 5, 2018 (6 Weeks)

Workload: 2-4 Hours Per Week

Instructors: John Lavine and Candy Lee

Credentials: Lavine is the founder director of the media management center at Northwestern’s Medill School of Journalism, Media, and Integrated Marketing Communications. He has taught at Medill since 1989 – and served as the school’s dean from 2005-2012. He is also the president and chair of the Accrediting Council for Education in Journalism. Prior to entering academia, he spent 25 years as the publisher and editor of four daily and four weekly newspapers in Wisconsin. During that time, his editorials were also syndicated to over 250 daily newspapers.

Lee earned Medill’s Teacher of the Year Award at Medill in 2012, in just her second year at the school. Before entering academia, she served as the vice president of marketing at The Washington Post – after running two publishers and the loyalty programs for United Airlines. She holds a doctorate in organizational leadership at the University of Pennsylvania.

Graded: Students can receive a verified certificate for successfully completing the course (for $49). To do this, students “must watch the MOOC’s videos, answer the Learning Questions that accompany each video, participate in the discussion forums, develop and complete a case study, and evaluate the cases of three other MOOC participants.”

Description: Ever hear the term, “thought leader?” These writers provide content – in channels ranging from the local newspaper to Forbes – to share their expertise. The best thought leaders provide value – memorable and actionable advice that readers can apply immediately. They convey their message through a distinct voice that resonates with their audience and conveys authority. Chances are, they have an underlying strategy to increasingly engage their audience and build their brand.

In this course, learners will research their audience and learn how to better relate to them. In the process, they will “develop strategic words, pictures, graphics, and videos to convey their organization’s most important goals” (along with how to reach a broader audience through social media and mobile technologies). More important, they will learn how to craft narratives, “strategic, honest stories and information that is valued by their most important audiences. In turn that will make their enterprise stand out.”

Review: “Coming from one of the top colleges in the world in this field, I expect much. So far, I’m not disappointed. The lectures take a somewhat nonstandard approach in having many different people, talking not as sole lectures, but instead sitting at a table talking to the main presenter in the course. It is a little bit artificial, but not over the top like in an infomercial. The lectures are not highly inspiration. This may be due to this conversation format. Or the format was made to compensate for individuals who are not inspirational. I detect the midwestern earnestness typical from NU professors. So don’t expect excited, fun-loving presentations. Instead, the course is focused solely on improving the actions you take in business. That being said, the information being delivered is important, high quality and focused.” For additional reviews, click here.

Additional Note: This is the first part of a four part specialization, “Content Strategy for Professionals,” where students can earn a credential in content strategy. It requires students to meet all normal requirements for receiving a verified certificate, along with completing a final project. To learn more about this specialization and register for it, click here.

Competitive Strategy

School: Ludwig-Maximilians-Universität München (LMU)

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 19, 2019 (6 Weeks)

Workload: 2-4 Hours per Week

Instructor: Tobias Kretschmer

Credentials: Kretschmer teaches in the areas of strategy, technology, and operations at LMU, where he specializes in high tech industries. A Ph.D. in Economics, Kretschmer has previously taught at the London School of Commerce (LSC) and HEC Paris.

Graded: Students will receive a signed Certificate of Completion for finishing the course.

Description: Competitive Strategy delivers a systematic “how-to-behave” framework for various competitive and product cycle environments. Rooted in game theory and focused on real world scenarios, the course helps students understand research and design, pricing, strategic partnerships, and product launches in light of how competitors and consumers will respond. The course is taught through 8-12 minute video lectures, with students evaluated through quizzes, optional case study assignments, and a required final exam.

Review: “In a nutshell – this course was both educational and entertaining. During the course when Tobias was talking about certain topics, he would subtly (or not so subtly) change the background to the theme he was talking about. Keeping you entertained but more importantly keeping you listening!… Overall it helped me get a simple grasp on ‘game’ theory applied to businesses and the decisions they have to go through. It was an interesting insight and the time invested is so small for something so big! I would greatly recommend this for anyone interested in understanding how businesses think and learning the process to certain decisions. Plus, Tobias has a great humour when presenting the lectures.” For additional reviews, click here.

Marketing Mix Fundamentals

School: IE Business School

Platform:  Coursera

Registration Link: REGISTER HERE

Start Date: March 5, 2018

Workload: Not Specified.

Instructors: Maria Teresa Aranzabal and Ramon Diaz-Bernardo

Credentials:  A practitioner and an academic, Aranzabal joined IE Business School as an associate professor in 2015. Before moving to teaching, she held several roles in the retail sector, including a decade as a partner in a retail consulting firms, along with working in marketing, international development, franchising, and general management for several organizations. An MBA from the Wharton School, Aranzabal also has experience as a retail consultant at McKinsey and a senior association in M&A for Goldman Sachs. Diaz-Bernardo is an expert in the area of tourism and hotel marketing strategy who has consulted for companies ranging from Ford to AC Nielsen.

Graded: Students can choose to explore course videos, discussions, and ungraded assignments for free, but they won’t be able to submit graded assignments, earn a certificate, or complete a specialization without paying a $79 fee.

Description: Everyone has heard of the Four P’s of Marketing: Product, Price, Place and Promotion. But what do they really mean? And what tested techniques and strategies can you apply to give you an edge over your competitors. In this course, students will take a deep dive into the psychological foundations of branding and differentiation; pricing models that motivate action (and repeat business), and communication and distribution channels that help marketers reach the most receptive and lucrative customer bases.

Review: No reviews.

Additional Background: This course is part of IE Business Schools’ “Marketing Strategy” specialization, a five course series that also covers conducting market research and developing a marketing plan. To learn more about this specialization and register for it, click here.

An Introduction to Consumer Neuroscience and Neuromarketing

School: Copenhagen Business School

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 19, 2018 (6 Weeks)

Workload: 4-6 Hours Per Week

Instructor: Thomas Zoëga Ramsøy

Credentials:  Zoëga Ramsøy, who holds a Ph.D. in Neurbiology, heads the Center for Decision Neuroscience at Copenhagen Business School’s Department of Marketing (where he also serves as an assistant professor). Ranked among the top researchers and practitioners in consumer neuroscience, he studies consumer decision-making ranging from eye tracking to compulsive buying.

Graded: Students will earn a certificate for completing the course. There is a $49 fee for a certificate.

Description: This is an introductory course that draws on fields like biology, psychology, and marketing. Over six weeks, students will examine the “basic concepts of the human brain, the elements of the consumer mind…and how its insights can be applied in commercial and societal understandings of consumer behaviour.” After completing the course, students will understand what drives decisions – and the role played by emotions, memory, and learning. In addition, they will be able to answer these key questions: “How do we make decisions as consumers? What do we pay attention to, and how do our initial responses predict our final choices? To what extent are these processes unconscious and cannot be reflected in overt reports?”

Review: “Comprehensive introduction to some key areas of this field. Very good support material. Interesting, stretching assignment. In first iteration staff put an enormous effort in by re-grading all submissions after plagiarism reports.” For additional reviews, click here.

Additional Note: Although this is an introductory course, Zoëga Ramsøy recommends a series of books including Introduction to Neuromarketing & Consumer NeuroscienceNeuromarketing for Dummies, and Selected Readings in Consumer Neuroscience & Neuromarketing (2nd Edition).

Preparing to Manage Human Resources

School: University of Minnesota (Carlson)

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 5, 2018 (4 Weeks Long)

Workload: 4-5 Hours Per Week

Instructor: John W. Budd

Credentials: An expert in human resources and management, Budd has taught at the University of Minnesota’s Carlson School of Management for over 25 years, where he currently heads the Center for Human Resources and Labor Studies. He has authored a half dozen books in the field, including the popular student textbook Labor Relations: Striking a Balance, which went into its 5th edition in 2018. His research has also been published in many of the field’s leading journals, including Industrial and Labor Relations Review, Journal of Labor Research, and Personnel Review.

Graded: To earn a passing mark, students must complete all graded assignments.

Description: Often, management is treated as a cultural endeavor. However, the most successful companies build up a structure to reinforce that culture. Leaders may model the right behaviors, but it also takes incentives and coaching to reinforce them. In other words, the success or failure of culture is often tied to strategy. That’s where human resources comes into play. The HR team is responsible for executing strategy and monitoring its success, whether it be through hiring, training, or rewarding. In the end, human resources sets the bar and establishes the practices that create a fair environment and motivated workforce.

In this course, students will examine the foundational elements of human resources, such as complying with legal requirements and managing and rewarding performance. Taught through videos and case readings, the course illustrates the best human resources in practice so students can foster clear expectations and consistent performance.

Review: “Preparing to Manage Human Resources is an information rich module, and the content delivery by Professor John Budd was just brilliant. This was an enjoyable course but also an unexpected surprise. The information I gained from this module was more than I hoped for. I would recommend to other students that you allow a few more study hours than the recommended 4-5 hour per week, if you want to make the most out of this course. This is a five star course with out a doubt.” For additional reviews, click here.

Additional Note: This course is part of a five course specialization called “Human Resource Management: HR for People Managers.” To learn more about these courses and register for them,

click here.

Building High-Performing Teams

School: University of Pennsylvania / Wharton

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 5, 2018 (5 Weeks Long)

Workload: 2-4 Hours Per Week

Instructors: Aviva Legatt and Derek Newberry

Credentials: A consultant with Wharton Executive Education, Dr. Legatt also teaches a graduate level course, Effective Collaboration for a Changing Global Workplace, at Penn. A former the senior associate director or special programs and admissions for the Wharton undergraduate program, she is also a consultant and speaker on college and MBA admissions.  Newberry is a business anthropologist and Fortune 500 consultant who is a columnist for Entrepreneur magazine in his spare time. He is also a lecturer at Penn on organizational dynamics.

Graded: To earn a passing mark, students must complete all graded assignments.

 Description: One may be the loneliest number, but it is sure easier to manage. Teams may increase productivity and bring more diverse perspectives and well-rounded solutions, but they come with a unique set of challenges as well. Every team member must play a role — and embrace it. They must also share the same vision and goals. Of course, there is always the risk of miscommunication and interpersonal communication that can distract teams from the real mission. This course, which is grounded in decades of research, examines what separates successful teams from dysfunctional ones. More than identifying the ailments, it provides strategies for reinforcing and rewarding the right behaviors and building a cohesive unit founded on shared mission and mutual respect.

Review: “Very good framework to understand and build teams but also with very actionable tools in a day-by-day job reality.” For additional reviews, click here.

Additional Note: This course is part of Penn’s “Culture-Driven Team Building” specialization, which includes courses on how to build high-performing teams and cultivating continuous learning. To learn more about these courses and register for them, click here.

Strategic Planning and Execution

School: University of Virginia (Darden

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 5, 2018

Workload: 2-5 Hours Per Week 

Grades: Students can choose to explore course videos, discussions, and ungraded assignments for free, but they won’t be able to submit graded assignments, earn a certificate, or complete a specialization without paying a $79 fee. 

Instructors: Michael Lenox and Jared Harris

Credentials: Professor Lenox is responsible for teaching the core MBA strategy course at Darden, where he also serves as Associate Dean and Director of the Batten Institute For Entrepreneurship and Innovation. He also serves as President of the Alliance For Research on Corporate Sustainability (ARCS) and made the list of Poets and Quants’ “Top 40 Under 40” professors.

A faculty member at Darden since 2006, Harris teaches first year ethics and strategy courses in the MBA program. His research, which focuses on ethics, corporate governance, and entrepreneurship, has been published in academic journals ranging from the Strategic Management Journal to Corporate Reputation Review (as well as cited in national outlets like the New York Times and the Washington Post). He holds a Ph.D. from the University of Minnesota.

Description: In this course, students will learn “how to organize and implement a successful strategy setting process, how to conduct strategy research, how to ensure that annual planning and budgeting support the organization’s strategy, and how to manage the organization’s board of directors, senior managers, and line employees to ensure that everyone’s efforts are aligned with the organization’s strategy.”

Review: “I recently completed the Strategic Planning and Execution course by the University of Virginia, Darden Business School. The content was clearly presented and relevant. The case studies helped me relate the concepts to real world businesses, environment and challenges. I would highly recommend this course to anyone with an interest in strategic analysis, formulation and strategy execution.” For additional reviews, click here.

Additional Notes: This is the fourth of a five course specialization from the University of Virginia called “Business Strategy.” To learn more about this specialization and register for it, click here.

Designing the Organization: From Strategy to Organizational Structure

School: University of Illinois

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 5, 2018 (4 Weeks Long)

Workload: 5-7 Hours Per Week

Instructor: Huseyin Leblebici

Credentials: Leblebici is a professor of business administration at the University of Illinois, where he teaches courses in organizational behavior since 1982. During his tenure, he has also headed the school’s Office of Business Innovation and Entrepreneurship and served interim head of the business administration department. His research has also been published in distinguished academic journals like the Strategic Management Journal and Annals in Social Responsibility.

Graded: Students can choose to explore course videos, discussions, and ungraded assignments for free, but they won’t be able to submit graded assignments, earn a certificate, or complete a specialization without paying a $79 fee.

Description: An organization’s design is an expression of its mission, priorities, and constraints. Even more, it is both a reflection and result of its choices and culture. In this course, Leblebici will help students “develop a conceptual process model that links business models, external and internal contingencies, and organizational design. Second, [they] will focus on the fundamental principles of organization design and what alternative design choices are available for managers. Finally, [they] will apply these concepts and ideas to organizational situations to develop the critical insights and decision making skills to build effective organizations. In the process, students will understand the fundamentals that govern the organizational design and use these principles and factors to “design the coordination, control, and performance measurement systems to manage an organization.”

Review: “Professor Leblebici is incredible teacher, and the Courses’ materials are so powerful, and very important to learn how to implement them almost in any type of business!” For additional reviews, click here.

Additional Background: This course is the third part of a “Strategic Leadership and Management” specialization, a six course series that includes a capstone project. It covers the foundations and applications of leadership (two courses that are available on March 16), organizational design, and business and corporate strategy. To learn more about these courses and register for them, click here.

Operations Management

School: University of Illinois

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 5, 2018 (4 Weeks Long)

Workload: 6-8 Hours Per Week

Instructor: Gopesh Anand

Credentials: Anand is an award-winning teacher who is currently the associate professor of business administration at the University of Illinois’ College of Business. Holding a Ph.D. in operations management from Ohio State, Anand has been named among the “List of Excellent of Teachers” at the school for the past six consecutive years, along with being named the school’s MBA Professor of the Year in 2011. His research interests include operations strategy and continuous improvement and his recent work has been published by Production and Operations Management and the International Journal of Operations and Production Management.

Graded: Students can choose to explore course videos, discussions, and ungraded assignments for free, but they won’t be able to submit graded assignments, earn a certificate, or complete a specialization without paying a $79 fee for each course.

Description: These days, operations is considered to be a competitive differentiator in enhancing customer experience and reducing costs. But it isn’t a one-size-fits-all endeavor. And it requires operations professionals to closely partner with marketing and finance to execute company strategy. In this course, students will learn the tools for establishing processes, reducing bottlenecks, establishing quality control, and managing suppliers and delivery chains. In addition, they will study frameworks and metrics for evaluating capacity, lead time, and inventory management. The course will be taught through readings, video lectures, and quizzes.

 Review: No reviews.

Additional Note:  This course is part of a seven course specialization (“Value Chain Management”) from the University of Illinois. To learn more about these courses and register for them, click here.

Innovation Strategy: Developing Your FinTech Strategy

School: Copenhagen Business School

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 5, 2018

Workload: Not Specified

Instructors: Jonas Hedman and Stefan Henningsson

Credentials: Hedman is an associate professor at Copenhagen Business School, where his research interests include cashless payments, FinTech, and eSports. His most recent research has been published by the Journal of Information Technology, International Journal of Bank Marketing, and Electronic Commerce Research and Applications.

Henningsson is also an associate professor at the school, where he teaches courses on digital transformation and digital business.

Graded: To earn a passing mark, students must complete all graded assignments

Description: FinTech is disrupting traditional banking. From bitcoin to blockchain, banking has become more mobile and accessible. Now, some platforms enable investors to trade stocks without fees or purchase items using cryptocurrencies instead of cash or credit. How do these technologies work – and how can their models offer a competitive advantage? That’s the premise behind this course, which looks closely at the technical, operational, and commercial aspects of the digital technology so students can capitalize on innovation in this space.

Review: No reviews.

Additional Note: This course is the third part of a four course specialization called “Digital Transformation in Financial Services.” To learn more about these courses and register for them, click here.

Modeling Risk and Realities

School: Wharton School

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 5, 2018

Workload: Not Specified

Instructors: Sergei Savin and Senthil Veeraraghavan

Credentials: Veeraraghaven and Savin are associate professors of operations, information, and decisions at the University of Pennsylvania’s Wharton School. Veeraraghaven, who earned the Wharton Excellence in Teaching Awards in 2013 and 2014, teaches operations strategy course to MBAs and holds a Ph.D. from Carnegie Mellon. Savin teaches the core Business Analytics to MBAs who also took home a Wharton Excellence in Teaching Award in 2010. His research has been published by academic journals like Management Science and Operations Management. Gans is the Anheuser Busch Professor of Management Science at Wharton, where he teaches courses on business analytics and service operations to MBAs.

Graded: Students can choose to explore course videos, discussions, and ungraded assignments for free, but they won’t be able to submit graded assignments, earn a certificate, or complete a specialization without paying a $119 fee.

Description: ‘Garbage in, garbage out.’ That’s the mantra for anyone who builds a financial model. Making sense of the long-term isn’t easy. There are so many variables and unknowns that create ambiguity and risk. As a result, it is crucial for analysts to set precise outcomes and hash out the right parameters, developing a model that’s flexible enough to accommodate change and transparent enough to be readily understood.

In this course, students will “learn the methods for creating predictive models for identifying optimal choices; and how those choices change in response to changes in the model’s assumptions. [They’ll] also learn the basics of the measurement and management of risk. By the end of this course, [they’ll] be able to build their own models with their own data, so that they can begin making data-informed decisions.”

Review: “Good practical examples of the concepts. In general, seems to me that the courses of the specializations do not fit together well. At times, basic things mentioned elsewhere are repeated, some others are not explained sufficiently.” For additional reviews, click here.

Additional Background: This course is the first part of a “Business and Financial Modeling” specialization, a five course series that covers portfolio and risk management, long-term investing, and understanding financial markets. To learn more about these courses and register for them, click here.

Accounting Analytics

School: Wharton School

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 5, 2018

Workload: Not Specified

Grades: Students can choose to explore course videos, discussions, and ungraded assignments for free, but they won’t be able to submit graded assignments, earn a certificate, or complete a specialization without paying a $95 fee.

Instructors: Brian Bushee

Credentials: An instructor in Wharton’s Executive Education program, Professor Bushee also teaches the Introductory Financial Accounting course in the MBA program and Wharton’s Seminar for Business Journalists. As a teacher, he has won Wharton’s Excellence in Teaching Award, along with the Helen Kardon Moss Anvil Award for being the faculty member “who has exemplified outstanding teaching quality during the last year.” Before teaching, Bushee worked in the private sector for CoreStates Financial Corporation and Coopers and Lybrand LLP.

A long time member of the Wharton faculty, Ittner is the EY Professor of Accounting, where he teaches the Management Accounting MBA course, along with executive education and doctoral courses. A Ph.D. himself, Ittner’s research, which focuses on performance measurement and cost management, has appeared in the Harvard Business Review along with academic outlets like the Journal of Accounting and Economics, Marketing Science, and the Journal of Management Accounting Research. In his spare time, Ittner is an editor with several academic journals. He has earned several teaching awards during his tenure, including MBA Core Teaching Excellence Awards in 2009, 2010, and 2012.

Description: Think big data is just for marketing and operations? Think again. In reality, analytics offers accounting and finance with new ways of identifying patterns and key nuggets of information that aren’t readily apparent on the balance sheet. It also provides an alternative model for forecasting and integrating financial data with other metrics. In this course, students will apply big data frameworks to accounting to inform “consumer behavior predictions, [operations optimization], corporate strategy, [and] risk management.”

Review: “A very useful course for people who are interested in doing more with accounting data. I have completed the course and I found it very useful to my area of work. Course Materials are quite technical though but I am sure people with an Accounting or Finance background will not struggle to appreciate the content.” For additional reviews, click here.

Additional Note: This is the second part of Wharton’s “Business Analytics” specialization, which includes courses on customer, accounting, and people analytics. To learn more about these courses and register for them, click here.

Valuation: Alternative Methods

School: University of Michigan (Ross)

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 5, 2018 (6 Weeks Long)

Workload: 5-10 Hours Per Week

Grades: Students can choose to explore course videos, discussions, and ungraded assignments for free, but they won’t be able to submit graded assignments, earn a certificate, or complete a specialization without paying a $79 fee.

Instructors: Gautam Kaul and Qin Lei

Credentials: Professor Kaul has won five Excellence in Teaching awards at Ross, along with earning the Victor L. Bernard Leadership in Teaching Award in 2009. He is widely published in financial journals and teaches a variety of introductory and advanced courses, including Corporate Finance, Investment and Financial Institutions, and Sustainable Enterprise. Lei, a Ph.D. holder from the University of Michigan, joined the University of Michigan staff in 2013 after earning the MBA Outstanding Teaching Award at Southern Methodist University in 2012. He currently teaching courses in applied investment management, options and futures, and capital markets. His most recent research has been published by the Journal of Financial Markets and the Journal of Industrial Economics.

Description: There are two key factors in any financial decision-making: Time value of money and risk and return. However, there are far more factors than simply looking at long-term impact and whether the possible rewards are offset by the risk. In this course, student will study other real world variables that comprise valuation, particularly tax laws and regulations. By the end of this course, according to Kaul, students will be able to “conduct analysis of most projects and companies.” Along with reviewing the fundamentals of time value and risk and return, the course will examine the effects of areas like leveraging and bankruptcy on valuation. The course will be taught through videos, with students evaluated through mandatory exercises and a final test.

Review: “It is really challenging course and I spend really a lot of time to make quizes. But I liked lector and his way of presenting the material. Now I’m sure that after this course I understand valuation better than ever before!” For additional reviews, click here.

Additional Note: This course is the third part of an “Introduction to Finance: Valuation and Investing” specialization, a four course series that includes a capstone project. To learn more about these courses and register for them, click here.

Investment Strategies and Portfolio Analysis

School: Rice University

Platform: Coursera

Registration Link: REGISTER HERE

Start Date: March 5, 2018 (4 Weeks Long)

Workload: Not Specified

Instructor: Arzu Ozoguz

Credentials: Ozoguz is a visiting assistant professor to Rice. Holding a Ph.D. in INSEAD, she has previously taught at the University of Texas-Dallas, the University of North Carolina, and Queen’s University. Her interests include information economics and international finance, with her recent research being published in the Journal of Financial Economics.

Graded: To earn a passing mark, students must complete all graded assignments.

Description:  Every investor is looking to turn a profit. Question is, what short-term tactics or long-term strategies work in maximizing return and minimizing risk? There are many ways to approach investing. Some investors pin their hopes on recent perform, while others hold their investments and weather the market highs and lows. Of course, you’ll find plenty of investors who tie themselves to indexes to spread their risk. Indeed, every strategy carries merits. Hot industries and companies can help investors make a killing before a quick exit. Consistent returns aren’t as sexy, but they can yield a pretty cushy living over time. Who wouldn’t want to say they were among the first investors in the next Apple?

What will work best for you? That’s exactly what this is course is designed to help you figure out. In particular, according to Ozoguz, you’ll learn the best practices for measuring and evaluating portfolios, including style and attribution analyses. In addition, students will compare and contrast strategies in various contexts to gain a better understanding of what works and when. In addition, the course will examine emerging investment trends and market innovations.

Review: “Concise and visualized speech, greatly impressive. Combined with the practice and quizzes, it deeper my understanding in analysis on investment strategies and how to evaluate performance of a certain portfolio. I would recommend this course to my friends without hesitation.” For additional reviews, click here.

Additional Note:  This is the fourth course in a five course specialization from Rice University called “Investment and Portfolio Management.” To learn more about these courses and register for them, click here.

 

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