GMAC Launches New ‘Micro’ Courses on Business Fundamentals

GMAC, the official administrator of the GMAT exam, has partnered with Kaplan to create a new course series on business fundamentals. The new “micro” courses will cover topics such as statistics, accounting, and finance and aim to give prospective and admitted B-school students a strong foundation in quantitative knowledge for graduate management education.

“We are pleased to work with leading business schools to provide GMAC Business Fundamentals Powered by Kaplan, which is designed to refresh candidate knowledge on core quantitative subjects essential to an MBA or business master’s program. The ability to focus on topics that meet their needs provides applicants with a dynamic learning experience and gives them greater confidence in their ability to do well from the start,” Joy Jones, chief product officer and general manager of assessments at GMAC, says in a press release.

DESIGNED BY FACULTY OF LEADING B-SCHOOLS

The new Business Fundamentals series will be developed by faculty of leading B-schools, including George Mason University’s School of Business, Georgetown University’s McDonough School, Northeastern University’s D’Amore-McKim School, and the University of Pennsylvania’s 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,” Greg Filbeck, director of Black School of Business at Penn State Behrend and one of the professors who reviewed the product, says. “The course does an excellent job with theory-to-practice applications.”

Designed to give students a strong foundation in quantitative skills, the Business Fundamentals series is particularly helpful for those students who may not have an undergraduate business background.

“As one of the world’s most diversified educational services company, with many decades of experience preparing aspiring MBAs for the GMAT and business school admissions process, we are thrilled to team up with GMAC in delivering these courses with top-notch learning science behind the core statistics, accounting, and finance concepts, advised by our industry experts,” Brian Carlidge, vice president of Kaplan, says. “We are impressed by GMAC’s long-standing track record in the business education space and look forward to working with them to expand educational access and instructional innovation.”

Sources: GMAC, mba.com