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Wk 2 – Case Study: MBA Schools in Asia-Pacific [due Mon]
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Assignment Content
1.
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Purpose of Assignment
The purpose of this assignment is to develop students’ analytical capabilities to evaluate, analyze, and apply descriptive statistics techniques to real-world datasets.
Assignment Steps
Resources: Microsoft Excel®,
Case Study: MBA Schools in Asia-Pacific
Review the Case Study: MBA Schools in Asia-Pacific and the
Case Study: MBA Schools in Asia-Pacific Data set
.
Prepare a 1,050-word managerial report for your boss.
Use the following questions for guidelines and directions on what to include in the report:
1. What is the type of data (Quantitative or Qualitative) for each of the columns (variables) in the dataset? If quantitative, is the data discrete or continuous? Neatly summarize your response in a table for all the columns (variables).
2. Using Excel®, find the mean, median, standard deviation, minimum, maximum, and the three quartiles for each of the quantitative variables identified in part 1 above. Neatly summarize in a table on this document. Comment on what you observe.
3. What are the minimum and maximum full-time enrollments? Which schools have the minimum and maximum full-time enrollments?
4. What is the average number of students per faculty member? Is this low or high? What does this mean to prospective applicants who are interested in pursuing an MBA in one of the leading international business schools?
5. What are the mean, median, and modal ages? What does this mean to prospective applicants?
6. What is the mean percentage of foreign students? How many and which schools have 1% and 0% foreign students? Which schools have highest percentage of foreign students? Please state these percentages.
7. What percentage of schools require the GMAT test?
8. What percentage of schools require English tests such as Test of English as a Foreign Language (TOEFL)?
9. What percentage of schools require work experience? From this percentage, does this appear to be a significant factor in gaining admissions?
10. What are the mean and median starting salaries? Which schools have the minimum and maximum starting salaries? How much are these minimum and maximum salaries?
11. What are the mean tuition for foreign students and for local students? Does there appear to be a significant difference? What is the difference between the two means?
12. How many schools require work experience and how many of them don’t? What is the mean starting salary for schools requiring work experience? What is the mean starting salary for schools requiring no work experience?
13. How many schools require English tests and how many don’t? What is the mean starting salary for schools requiring English tests? What is the mean starting salary for schools requiring no English tests?
14. Comment on the skewness for the data on starting salaries:
15. Plot a histogram and determine the skewness.
16. Find the skewness coefficient.
17. Find the mean, median, and mode for starting salaries and compare the three measures to determine skewness.
18. Finally, use Empirical Rule on the starting salaries and determine whether the salaries follow the Empirical Rule.
Format your assignment consistent with APA format.
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| 2 |
>Case
| Business School |
Full-Time Enrollment |
Students per Faculty |
Local Tuition ($) |
Foreign Tuition ($) |
Age |
%Foreign |
GMAT |
English Test |
Work Experience |
Starting Salary ($) |
| Melbourne Business School |
2
|
|
| 0 |
0
|
|
|
|
|
| 5 |
2
|
| 4 |
,
42 |
0
|
|
|
| 2
| 9 |
,
|
| 6 |
0
0
|
| 2
|
| 8 |
4
|
| 7 |
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| Yes |
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|
| No |
Yes
7
| 1 |
,400
| University of New South Wales (Sydney) |
| 22 |
8
4
| 19 |
,993
|
|
|
| 32 |
,582
29 |
28 |
Yes No Yes
65,
|
| 20 |
0
| Indian Institute of Management (Ahmedabad) |
392 |
5
| 4,
|
|
|
|
|
|
|
| 30 |
0
4,
300 |
22 0 No No No
7,
|
|
| 10 |
0
| Chinese University of Hong Kong |
| 90 |
5
| 11,
| 14 |
0
11,140 29 10 Yes No No
3
|
| 1,000 |
| International University of Japan (Niigata) |
1
|
| 26 |
4
| 33,0
| 60 |
33,060 28 60 Yes Yes No
8
| 7,000 |
| Asian Institute of Management (Manila) |
389 |
5
7,562 |
9,000 |
| 25 |
| 50 |
Yes No Yes
22,
| 80 |
0
| Indian Institute of Management (Bangalore) |
380 |
5
3,9
| 35 |
|
|
| 16,000 |
|
| 23 |
1 Yes No No
| 7,500 |
| National University of Singapore |
147 |
6
6,146 |
7,
|
| 17 |
0
29
51 |
Yes Yes Yes
| 43 |
,300
| Indian Institute of Management (Calcutta) |
463 |
8
2,880 |
16,000 23 0 No No No
7,400 |
| Australian National University (Canberra) |
42 2
| 20,300 |
20,300 30 80 Yes Yes Yes
46,600 |
| Nanyang Technological University (Singapore) |
50 5
| 8,500 |
8,500 32 20 Yes No Yes
49,300 |
| University of Queensland (Brisbane) |
| 13 |
8
17 16,000
22,800 |
32 26 No No Yes
49,600 |
| Hong Kong University of Science and Technology |
60 2
| 11,513 |
11,513 26
| 37 |
Yes No Yes
| 34 |
,000
| Macquarie Graduate School of Management (Sydney) |
12 |
8
17,172 |
19,778 |
34
27 |
No No Yes
60,100 |
| Chulalongkorn University (Bangkok) |
200 |
7
| 17,355 |
17,355 25 6 Yes No Yes
17,600 |
| Monash Mt. Eliza Business School (Melbourne) |
350 |
13
16,200 |
22,500 |
30 30 Yes Yes Yes
52,500 |
| Asian Institute of Management (Bangkok) |
300 10
| 18,200 |
18,200 29 90 No Yes Yes
25,000 |
| University of Adelaide |
20 19
16,426 |
23,100 |
30 10 No No Yes
66,000 |
| Massey University (Palmerston North, New Zealand) |
30
|
| 15 |
13,106 |
21,625 |
37 35 No Yes Yes
41,400 |
| Royal Melbourne Institute of Technology |
30 7
13,880 |
17,765 |
32 30 No Yes Yes
48,900 |
| Jamnalal Bajaj Institute of Management Studies (Bombay) |
| 24 |
0
9 1,000 1,000 24 0 No No Yes 7,000
| Curtin Institute of Technology (Perth) |
98 |
15
9,475 |
19,097 |
29 43 Yes No Yes
55,000 |
| Lahore University of Management Sciences |
70 |
14
11,250 |
26,300 |
23
2.5 |
No No No 7,500
| Universiti Sains Malaysia (Penang) |
30 5
| 2,260 |
2,260 32 15 No Yes Yes 16,000
| De La Salle University (Manila) |
44 |
17
3,300 |
3,600 |
28
3.5 |
Yes No Yes
13,100 |
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Title
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Case Study: MBA Schools in Asia-Pacific
QNT/561 Version 9
1
University of Phoenix Material
Case Study: MBA Schools in Asia-Pacific
The pursuit of a higher education degree in business is now international. A survey shows more and more Asians choose the master of business administration (MBA) degree route to corporate success. As a result, the number of applicants for MBA courses at Asia-Pacific schools continues to increase.
Across the region, thousands of Asians show an increasing willingness to temporarily shelve their careers and spend two years in pursuit of a theoretical business qualification. Courses in these schools are notoriously tough and include statistics, economics, banking, marketing, behavioral sciences, labor relations, decision making, strategic thinking, business law, and more.
After your MBA, you get a job at Bloomberg in its media division, Bloomberg Business. Your division publishes reviews and rankings for business schools in the US and internationally. Because of your strong analytical education from University of Phoenix, your boss assigns you to work on preparing an analysis for data gathered for leading business schools in the Asia-Pacific. The data set in the Excel® file shows some of the characteristics of the leading Asia-Pacific business schools.
Copyright © XXXX by University of Phoenix. All rights reserved.
Copyright © 2017 by University of Phoenix. All rights reserved.
