QNT/ 561-Case Study: MBA Schools in Asia-Pacific The pursuit
Question # 00526824
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Updated on: 05/13/2017 02:47 AM Due on: 05/13/2017
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. Review the Case Study: MBA Schools in Asia-Pacific and the Case Study: MBA Schools in AsiaPacific 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:
a. Plot a histogram and determine the skewness.
b. Find the skewness coefficient.
c. Find the mean, median, and mode for starting salaries and compare the three
measures to determine skewness.
15. Finally, use Empirical Rule on the starting salaries and determine whether the salaries follow
the Empirical Rule.
Format your assignment consistent with APA format.
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. Review the Case Study: MBA Schools in Asia-Pacific and the Case Study: MBA Schools in AsiaPacific 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:
a. Plot a histogram and determine the skewness.
b. Find the skewness coefficient.
c. Find the mean, median, and mode for starting salaries and compare the three
measures to determine skewness.
15. 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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Solution: QNT/ 561-Case Study: MBA Schools in Asia-Pacific The pursuit