While most accepted applicants are busily plotting a departure from their place of employment and scouting out exotic summer travels, we wanted to alert our readership to a series of online courses that should help ensure a smooth transition back into the classroom – especially for those of you who fall into the “non-traditional” category or lack an undergraduate background in business.
Telestrat’s Pre-MBA Prep Course offers online lessons in accounting (financial statements and financial analysis), valuation and corporate finance. Described as a ‘crash course’ in MBA topics, the online seminars focus on giving new MBA matriculants a high-level view of where they are going so they can hit the ground running when they get to school. In addition, the seminars are taught by HBS and Wharton graduates who know what it is like to enter a top program without an undergraduate background in business. Given the level of competition for post-MBA jobs at leading firms (not to mention the scarcity of GND at leading schools), it makes sense to enter b-school with the tools to ensure success in the rigorous curriculum.
Telestart’s courses take place in early to mid-June, which looks to be excellent timing for those applicants who are looking to get up to speed in advance of pre-term. The current offerings are as follows:
Course 1 - Basic Accounting: Financial Statements
June 5, 2007 – 12pm-2pm EDT
I. Accounting Basics
II. Balance Sheet
III. Income Statement
IV. Cash Flow Statement
Course 2 - Intermediate Accounting: Financial Analysis
June 7, 2007 – 12pm-2pm EDT
I. Reading Financial Statements
II. Ratio Analysis
III. Accounting Fraud
Course 3 - Valuation
June 12, 2007 – 12pm-2pm EDT
I. Time Value of Money
II. Discounted Cash Flow Method
III. Comparable Multiple Method
IV. Calculation of Discount Rates
Course 4 - Corporate Finance
June 14, 2007 – 12pm-2pm EDT
I. Capital Budgeting
II. Net Present Value (NPV)
III. Internal Rate of Return (IRR)
IV. Relationship between risk and return
V. Optimal capital structure
For more information on these courses see the Telestrat MBA-Prep Course web page. Also, stay tuned to this blog in the coming weeks, as we’ll be posting a handful of short articles with pre-matriculation tips on basic MBA disciplines like accounting and finance. Our hope is that these articles will help our readers get up to speed as they prepare for business school.








