MBA winter class 2016

The Curriculum

  • Introduction to the Balance Sheet
  • Fundamental Principles of Accounting
  • All about Assets
  • Liabilities & Equity
  • Sew You Think You Can Knit SMARTCASE
  • Debits & Credits
  • Revenues & Expenses
  • Income Statements
  • General Journal
  • General Ledger
  • Practice Makes Perfect
  • Wrestling with Accounts SMARTCASE
  • Revenue and Cash
  • Expenses and the Matching Concept
  • Realizing Revenues and Expenses Over Time
  • Bad Debt
  • Furnishing the Accounts SMARTCASE
  • Inventory and the Cost of Goods Sold
  • Manufacturing Inventory
  • Fixed Assets & Straight-Line Depreciation
  • Other Depreciation Methods
  • Depletion & Amortization
  • Golden Assets SMARTCASE
  • What is stock?
  • Common & Preferred Stock
  • The Stock Market
  • Accounting for Common Stock & Dividends
  • Accounting for Treasury & Preferred Stock
  • A Share of the Chocolate SMARTCASE
  • What are bonds?
  • Bond Values and Yields
  • Types of Bonds
  • Accounting for Bonds
  • A View to a Bond SMARTCASE
  • Gross Profit
  • Operating Profit
  • EBITDA
  • Net Income
  • Operating Cash Flows
  • Investing & Financing Cash Flows
  • The Li'l Circus of Cash Flows SMARTCASE
  • Assessing Liquidity
  • Assessing Solvency
  • Assessing Profitability
  • Efficiency Ratios
  • Cash Conversion Cycle
  • DuPont Analysis
  • Market Value Ratios
  • A Tale of Two Home Improvement Retailers SMARTCASE
  • What is Managerial Accounting?
  • Job Costing
  • Job Costing a Service
  • Activity-Based Costing
  • Variable Costing vs. Absorption Costing
  • Tiny Homes, Big Costs SMARTCASE
  • Cost-Volume-Profit Analysis
  • Cost-Volume-Profit Revisited
  • Capital Budgeting
  • Using Cost Information for Decision Making
  • Whale-Made Decisions SMARTCASE
  • Trains, Planes, and Dairy Cows? SMARTCASE
  • What is Microeconomics?
  • The Demand Curve
  • The Supply Curve
  • Law of Supply and Demand
  • Equilibrium Shifts
  • Understanding Consumer Demand
  • Price Elasticity of Demand
  • Costs of Production
  • Revenues, Costs, and Profits
  • Price Elasticity of Supply
  • Prickly Profits SMARTCASE
  • Defining Economics
  • Asymmetric Information
  • Theory of Markets
  • The Production Possibilities Frontier
  • Marginal Utility and Budget Lines
  • Elasticity and its Applications
  • Deadweight Loss
  • International Trade at the Local Level
  • Presidential Economics SMARTCASE
  • Perfect Competition
  • The Short Run and the Long Run
  • Monopoly
  • Oligopoly and Monopolistic Competition
  • Types of Goods
  • Externalities
  • Solutions to Externalities
  • Economics and the Environment
  • Bugged by Externalities SMARTCASE
  • The Business Cycle
  • Economic Indicators
  • Calculating GDP
  • Building Aggregate Demand
  • Building Aggregate Supply
  • Markets
  • Unemployment
  • Inflation
  • Working for the BLS SMARTCASE
  • What is Fiscal Policy?
  • Fiscal Multipliers
  • US Federal Budget and Policy
  • The Money Market
  • Monetary Policy
  • Monetary Policy and the Market
  • Running the Fed SMARTCASE
  • Why Do Countries Trade?
  • Trade Restrictions
  • Openness in Goods and Financial Markets
  • Labor in International Markets
  • Prices in International Markets
  • Floating and Fixed Exchange Rate Systems
  • Economic Development in the World
  • Trade Wars SMARTCASE
  • Measuring Central Tendency: Mean, Median, and Mode
  • Standard Deviation
  • Five Number Summary
  • Boxplots
  • Deviant Dieting SMARTCASE
  • Frequency Distributions
  • Histograms
  • Frequently Not Dieting SMARTCASE
  • Introduction to Probability
  • Theoretical and Experimental Probabilities
  • Venn Diagrams
  • Basic Probability Rules
  • The Addition Rule
  • The Multiplication Rule for Independent Events
  • Conditional Probabilities and the Multiplication Rule
  • Bayes' Rule
  • The Law of Total Probability
  • Choosing the Right Probability Rule
  • A Treasure Trove of Probability Practice SMARTCASE
  • Random Variables
  • Probability Distributions
  • Shapes and Calculations
  • Expected Value and Its Associates
  • Unicycle of Fortune SMARTCASE
  • Probability Distribution Families
  • Binomial Distributions
  • Poisson Distributions
  • Introduction to Normal Distributions
  • The Empirical Rule
  • Z-Scores and the Standard Normal Distribution
  • Surviving the Probability Distribution-pocalypse SMARTCASE
  • Introduction to Correlation
  • Causation
  • Observational Studies
  • Experiments
  • Scatter Plots
  • Correlation Coefficient
  • Covariance
  • Super Statistics SMARTCASE
  • Introduction to Regression Analysis
  • Simple Linear Regression
  • Linear Regression Equations
  • Residual and Outlier Analysis
  • Multiple Regression and Data Transformation
  • Dummy Variables and Logistic Regression
  • Variable Selection
  • Interpolation and Extrapolation
  • Time Series Analysis
  • Linear Regression and Finance
  • Le Gastromagnifique SMARTCASE
  • Statistical Sampling
  • Random Sampling Techniques I
  • Random Sampling Techniques II
  • Non-random Sampling
  • Conducting a Survey
  • What's Your Flavor? SMARTCASE
  • Confidence Intervals: The Basics
  • Confidence Intervals for Means
  • Confidence Intervals for Proportions
  • An Election in Wardencliff SMARTCASE
  • Setting Up the Hypotheses
  • Setting the Criteria for a Decision
  • Computing a Test Statistic
  • Tessel Makes a Decision SMARTCASE
  • Means: One-Tailed Tests
  • Means: Two-Tailed Tests
  • Interpreting and Reporting Results
  • Bringing Proportions into Play
  • Hypothesis Testing and Confidence Intervals
  • A Lazy Morning with the Warbler SMARTCASE
  • Choosing the Right Significance Test
  • t-Distributions: The Basics
  • t-Distributions: Confidence Intervals
  • t-Distributions: Hypothesis Testing
  • Test Results vs. States of Nature
  • Type I and II Errors
  • Balancing Error Risks
  • Hypothesis Testing: Two Population Means
  • Hypothesis Testing: Paired Sample Means
  • Hypothesis Testing: Two Population Proportions
  • ANOVA: The Basics
  • ANOVA: Hypothesis Testing and the F-Statistic
  • Contingency Tables
  • Chi-Square Tests, Part I
  • Chi-Square Tests, Part II
  • Chi-Square Goodness of Fit Tests
  • Tis the Sneezin' SMARTCASE
  • The Life Cycle of Groups
  • Group Roles and Norms
  • Threats to Group Effectiveness
  • Components and Characteristics of Teams
  • Types of Teams
  • Teams in Action
  • Hitting the Right Note with Groups and Teams SMARTCASE
  • Organizational Structure
  • Contemporary Organizational Structures
  • Preparing for Organizational Change
  • Structural Forces in Organizations
  • Managing Organizational Change
  • High Steaks SMARTCASE
  • Organizational Culture Basics
  • Models of Organizational Culture
  • Creating and Maintaining Organizational Culture
  • A Tale of Two Yogis SMARTCASE
  • Leadership and Management
  • Leadership and Power
  • Culture and Leadership
  • The Trait Approach to Leadership
  • The Situational Approach to Leadership
  • Fiedler's Contingency Theory
  • Transformational and Transactional Leadership
  • Leader-Member Exchange Theory
  • Servant Leadership
  • The Mission Statement
  • The Vision Statement
  • Developing Your Organization’s Values
  • The Spin Doctors are In SMARTCASE
  • Introducing Business Ethics
  • What Do Ethical Companies Look Like?
  • What Do Unethical Companies Look Like?
  • Theories of Ethical Decision-Making
  • What's Involved in Making an Ethical Decision?
  • The Ethical Wolf of Wall Street SMARTCASE
  • Corporate Social Responsibility and Stakeholder Theory
  • Responsibilities Toward Stakeholders
  • Ethics Across Cultures
  • The CEO of Ethical Damage Control SMARTCASE
  • Types of Negotiation
  • Understanding Your Position
  • Negotiating with Agents
  • Handling Challenging Opponents
  • Tactics at the Table
  • Focal Points, Framing, and Fairness
  • Emotions and Irrational Behavior
  • Gender, Culture, and Negotiation
  • The House Always Wins SMARTCASE
  • Marketing Basics
  • Situation Analysis
  • Segmentation and Targeting
  • The Positioning Statement
  • Value Propositions
  • The Four P's
  • Spacious Sounds SMARTCASE
  • The Purchase Funnel
  • Creating Your Product
  • Place: Distributing Your Product
  • Promotion: Spreading the Word About Your Product
  • Pricing Your Product
  • Brand Marketing
  • Hawking Your Handicraft SMARTCASE
  • The Value of a Brand
  • What Exactly Is a Brand?
  • Brand Positioning: Defining the Competition
  • Defining the Brand Vision
  • Brand Naming
  • Brand Marks
  • Brand Messaging
  • Measuring Brand Performance
  • Building a Brand for a Brainy Beanie SMARTCASE
  • The Many Faces of Digital Marketing
  • The Buyer's Journey
  • Beyond Sales: Marketing Goals
  • Naming Your Buyers
  • Key Tools for Digital Marketing
  • Social Media I: What to Post
  • Social Media II: Where and When to Post
  • Paid Digital Advertising I: Pricing Models and Best Practices
  • Paid Digital Advertising II: Targeting and Retargeting
  • Display Advertising
  • Search Marketing
  • Email Marketing I: ESPs and Email Lists
  • Email Marketing II: Components and Analytics
  • Digital Marketing Metrics
  • Let's Get Digital SMARTCASE
  • Introduction to A/B Testing
  • Designing and Conducting an A/B Test
  • Testing Errors to Avoid
  • Novelty Effects
  • A Taste for Testing SMARTCASE
  • Introduction to Pricing and Value Creation
  • Setting Prices: Main Approaches
  • The Relationship Between Value and Price
  • Measuring Psychological Value
  • Pricing Strategies
  • Determining the Right Price Level
  • Communicating Value
  • Biases in Consumer Perceptions of Price and Value
  • Designing Product Offers
  • Setting Multiple Prices
  • Collecting Survey Data to Estimate Market Demand
  • Analyzing Survey Data to Estimate Market Demand
  • Feeding Fido and Fluffy from Afar SMARTCASE
  • Price Segmentation: Benefits and Challenges
  • Price Fences
  • Versioning
  • Bundling
  • Price Promotions
  • Markdown Management
  • Segmentation is for the Birds SMARTCASE
  • The Time Value of Money
  • The Timeline
  • Moving Money Through Time: Compounding
  • Moving Money Through Time: Discounting
  • Moving Money Forward Over Multiple Years
  • Moving Money Backward Over Multiple Years
  • Moving Cash Flows Through Time
  • Net Present Value (NPV)
  • Fair Trade Finance SMARTCASE
  • Cost of Debt
  • Cost of Equity
  • Capital Structure & WACC
  • Capital Construction SMARTCASE
  • What If There Were No Taxes?
  • Return of the Taxes
  • Bankruptcy Is Not Free
  • Find the Optimal Capital Structure SMARTCASE
  • The Goals of a Firm
  • The Net Present Value Rule
  • Incremental Cash Flows
  • One Metric to Rule Them All
  • Accounting for Uncertainty
  • The Fine Art of Capital Budgeting SMARTCASE
  • Calculating Returns
  • Introduction to Risk
  • Reducing Investment Risk with Diversification
  • Limits of Diversification
  • Creating Mean-Variance Efficient Portfolios
  • The Capital Market Line
  • A Random Walk in an Efficient Market
  • Challenges to the Efficient Market Hypothesis
  • Investing with Isra SMARTCASE
  • Discounted Free Cash Flow Valuation
  • Free Cash Flow
  • Calculating Free Cash Flow
  • Forecasting Free Cash Flow
  • Free Cash Flow Valuation
  • How much is that cat in the catalog? SMARTCASE
  • Enterprise & Equity Values
  • Free Cash Flow to Equity Valuation
  • Dividend Discount Model, Part I
  • Dividend Discount Model, Part II
  • Multiples Valuation
  • Liquidation Value
  • The Big Interview SMARTCASE
  • What is a Project?
  • Starting Project Initiation
  • Completing Project Initiation
  • Planning
  • Prep Your Project SMARTCASE
  • Creating the Project Schedule
  • Estimating Task Duration and Deadlines
  • Time Constraints and the Critical Path
  • Scheduling with Resource Constraints
  • Managing Risks
  • Managing Costs and Closing a Project
  • Polish Off Your Project SMARTCASE
  • Introduction to Operations Management
  • The Process Flow Diagram
  • Bottlenecks, Wait Times, and Process Capacity
  • Process Structures: Job Shops to Assembly Line Flows
  • Tools for Managing Projects
  • Inventory Costs and Benefits
  • Inventory Management
  • Optimizing Labor Resources
  • The Problem of Variability
  • Analyzing Wait Times
  • Reducing Wait Times: Queue System Design
  • Reducing Wait Times: Managing Customer Behavior
  • Doling out Donuts Double Time SMARTCASE
  • Adjusting Demand Forecasts
  • Accounting for Potential Gains and Losses
  • Finding the Optimal Quantity
  • Calculating Expected Profit
  • Costly Concessions SMARTCASE
  • Identifying the Right Service Level
  • Determining the Right Inventory Level
  • Maintaining the Right Inventory Level
  • Kitty Kat Knick-Knacks SMARTCASE
  • Basic Concepts and Definitions in Forecasting
  • Extrapolating from Historical Data
  • Exponential Smoothing
  • Choosing the Right Forecast Model
  • Estimating Demand for New Products
  • A Dive into Forecasting SMARTCASE
  • The Bullwhip Effect in Supply Chains: Causes
  • The Bullwhip Effect in Supply Chains: Solutions
  • Incentive Conflicts in Supply Chains
  • Mitigating Incentive Conflicts in Supply Chains with Buyback Contracts
  • Too Many Clown Wigs, Not Enough Clowns SMARTCASE
  • What is Strategy?
  • Porter's Five Forces Model
  • Applying Porter's Five Forces: Threats and Rivalry
  • Applying Porter's Five Forces: Customers and Suppliers
  • PEST Analysis
  • The Resource-Based View
  • Cost Leadership
  • Differentiation and Focus Strategies
  • Fight or Flight! SMARTCASE
  • Value Chain Analysis
  • Vertical Integration
  • What is Diversification?
  • The Value of Diversification
  • Strategic Alliances
  • Mergers and Acquisitions
  • Make Corporate-Level Strategy Great Again SMARTCASE
  • The Global Business Environment
  • CAGE Distance Framework
  • AAA Framework of Global Strategy
  • Entry Mode Strategies: Exporting
  • Entry Mode Strategies: Licensing
  • Entry Mode Strategies: Strategic Alliances
  • Entry Mode Strategies: Foreign Direct Investment
  • Ni Hui Shuo Fashion Ma? SMARTCASE
  • Why Innovate?
  • Sources of Innovation
  • Types of Innovation
  • Why are Dominant Designs Selected?
  • The Value of Dominant Design
  • Timing of Entry
  • Warming Up to Innovation SMARTCASE
MBA winter class 2016
  • Undergraduate / bachelor’s degree
  • Minimum 2 years industry experience
  • English language proficiency
GRE and GMAT scores are accepted but not required
2018
{{app.dateHelper.formattedUserFacingDay(1529913600000, true)}}
{{app.dateHelper.formattedUserFacingMonthLong(1529913600000, true)}}
Round 1 Application Deadline
{{app.dateHelper.formattedUserFacingDay(1533801600000, true)}}
{{app.dateHelper.formattedUserFacingMonthLong(1533801600000, true)}}
Final Admissions Decisions
{{app.dateHelper.formattedUserFacingDay(1534320000000, false)}}
{{app.dateHelper.formattedUserFacingMonthLong(1534320000000, false)}}
Welcome and Orientation
{{app.dateHelper.formattedUserFacingDay(1534752000000, false)}}
{{app.dateHelper.formattedUserFacingMonthLong(1534752000000, false)}}
Start of Classes

What people are saying

Nathan Philip Wang

Nathan Philip Wang

Massachusetts Institute of Technology (MIT)

M3 Design, Inc, Mechanical Engineering

“The Smartly MBA program was a fantastic way to earn an MBA. It truly fit my schedule!”

Daniel Gale-Rosen

Daniel Gale-Rosen

Harvard University

HYFN, Strategic Services

“The Smartly MBA program was an amazing way for me to broaden my skills and knowledge...”