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GSB-420 Waiver Exam

GSB 420 - Business Analytics Tools - is a required core course for the MBA program and some MS programs in the Kellstadt Graduate School of Business. While students cannot waive this class based on previous coursework, students who feel that they have a strong background in algebra and statistics may attempt to waive the course through completing the waiver exam.

This course will stress learning through applications/problems-solving using Excel and/or Minitab software for data analysis. However, the course must be analytical and theoretical to the extent that is necessary to develop a correct understanding of the topics presented. The topics covered in the course include relevant mathematical concepts: algebra (linear, quadratic, exponential, and logarithmic functions), probability, statistics and regression analysis.

The probability, statistics and regression parts of the exam are at the level of the first 16 chapters of Statistics for Managers Using Microsoft Excel, 8th edition, 2017 by Levin, Stephan, and Szabat, published by Pearson. Previous editions should suffice as well, as long as the chapter structure is the same.

Students should take the Waiver Exam prior to enrolling in GSB 420. The GSB 420 Waiver Exam consists of 50 multiple choice questions. All questions are equally weighted. The passing grade is 70 percent. Students will have four hours for the exam and may bring any books or notes they desire to the exam. Students can use a standard calculator but not a computer or phone. In addition to the exam questions, all scratch paper and calculations will be collected from all students at the end of the exam. 

All exams take place on Saturday from 9 a.m. to 1 p.m.

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