Introduction
The MBA Foundation Programme of USB Executive Development Ltd (USB-ED) is aimed at prospective MBA students, as well as those wishing to improve their knowledge of statistics, mathematics and finance.
What sets this intervention apart
Focusing on basic financial and mathematical skills, this programme aims to enhance numerical and quantitative skills, provide a basic understanding of key financial and statistical terms, and build confidence in dealing with financial mathematics.
Past participants’ comments
- "This course has been absolutely enjoyable and the best investment in your future. It is also a great way to test your readiness for the MBA, but worthwhile in terms of the maths, finance and statistical knowledge gained." -
Athalea Minnaar, Strategic Business Development Manager, Hermanus & Roman Property Solutions
- "It was a very good preparation and informative course that equipped me with what to expect in the MBA." -
Theo Seti, Geologist, IMPLATS
Who should attend
The MBA Foundatin Programme is aimed at prospective MBA students with a non-mathematical and non-financial background or participants who would like to improve their knowledge in these areas.
Admission requirements
It is assumed that participants comply with the following requirements: English language competence at NQF level 4. Sufficient ability to read and comprehend learning material, write assignments and follow/participate in discussions on management issues.
Faculty profile
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Mr. Freddie Marais
-
Mr. Jaco Volschenk
-
Dr. Trevor Wegner
Participating companies
- Department of Defence
- Mintek
- Old Mutual Investment
- Sasol Mining
Contact person (Enquiries)
Jacky Hector
Tel: +27 (0)21 918 4370
Fax: +27 (0)21 918 4478
jacky.hector@usb-ed.com
How you will benefit
The successful participant in the MBA Foundation Programme will be equipped to:
- perform basic mathematical calculations
- define key statistical terms and manipulate data using statistical techniques, both descriptive and inferential
- read and interpret financial statements (balance sheets, income statements and cash flow statements), ratios, budgets, and cost-volume-profit analyses, including analysis of cost behaviour as fixed or variable.
Certification
On successful completion of the MBA Foundation Programme, participants will receive a certificate from the University of Stellenbosch.
Content overview
The following content will be covered:
- BASIC MATHEMATICS: Pre-MBA maths and graphs
- INTRODUCTION TO STATISTICS: Descriptive statistics (mean, median, mode, and normal distribution); inferential statistics (probabilities)
- INTRODUCTION TO FINANCE: Introduction to financial statements (balance sheets, income statements, cash flow analyses and ratios); Cost accounting (fixed and variable costs, and breakeven); and the time value of money (using HP calculator)
Fees
R7 400
MBA Foundation Programme fees include programme material, lunch and refreshments, and are payable before the commencement of the programme.
Cancellation Policy
It is of utmost importance that USB-ED be formally notified in writing of cancellation 14 days prior to the commencement date of the programme. A cancellation fee of 10% will be payable for cancelling fewer than 14 days prior to the commencement of the programme.
Please note that programme fees, faculty and dates are subject to change.
Payment options