"Mathematics for Management" from Harvard Business School Publishing
Purchasing Instructions - Coming soon!
The Smith MBA program begins with intensely quantitative required courses. In order to ensure that students are able to maximize their learning during this part of the program, it is essential to enter the program with well-developed pre-skills in basic business mathematics.
Business math skills are needed for several required and elective courses in the MBA program. In the early part of the program, courses such as Managerial Economics, Data Driven Analytics and Corporate Finance require, and assume of all students, a thorough familiarity with basic math.
If a student's math skills are either (a) under-developed or (b) have become rusty due to disuse, it is recommended that they take the online pre-skills course Mathematics for Management.
What is Mathematics for Management?
Mathematics for Management consists of 5 sections: Algebra, Calculus, Statistics, Probability and Finance. Topics covered in each section are shown below:
Algebra
Functions, solving equations in one and two variables, linear inequalities, rules of exponents, order of operations, graphing straight lines, quadratic and polynomial functions, power functions, inverse functions, index numbers, logarithms and demand elasticity
Calculus
Derivative, rules for derivatives of polynomial and simple functions, second derivatives, maximizing and minimizing a function, convex and concave functions, inflection points
Statistics
Descriptive statistics, measures of central location, variability, skewness, histograms, correlation and covariance, using Excel to generate histograms and compute summary descriptive statistics
Probability
Basic rules of probability, probabilities of unions and intersections of events, mutually exclusive events, conditional probability, independent events, mean and variance of a random variable, the probability density function, normal random variable
Finance
Net present value (NPV), internal rate of return (IRR), payback, future value, annuities, perpetuities, compound interest, bond pricing, compound annual growth rate (CAGR)
According to Harvard Business School Publishing, students with little prior exposure to the math concepts reviewed in the course may take approximately 20 hours to complete the entire course.
Purchasing Instructions: HBSP's "Mathematics for Management"
Students may purchase any of the individual sections within the coursepack.
Login Information:
- Turn off all pop-up blockers
- Click on the following link for the cohort's discounted coursepack
- Baltimore (BA01): Coming soon!
- Follow HBSP Purchasing Instructions
Payment: Individually by student directly to HBSP. Students receive the Smith discounted price of $10.00 per section.
HBSP Product Numbers:
Algebra Section: 6004-HTM-ENG
Calculus Section: 6006-HTM-ENG
Statistics Section: 6007-HTM-ENG
Probability Section: 6008-HTM-ENG
Finance Section: 6009-HTM-ENG
Technical Requirements:
Students should complete the HBSP System Check to ensure they have the appropriate sofware to run the course. Click on "Courses & Tutorials" at the top of the page, and select "Mathematics for Managers Online Course and Sections" from the drop down menu.
Technical Difficulty? Please contact the Harvard Business School Publishing Technical Support:
24 hours a day, 7 days a week
U.S./Canada: (800) 810-8858
International:+1 617-783-7700
E-mail: techhelp@hbsp.harvard.edu