Business Schools of Asia-Pacific The pursuit of a higher education degree in business is now international. A survey shows that 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 economics, banking, marketing, behavioral sciences, labor relations, decision making, strategic thinking, business law, and more. The data set in Table 3.11 shows some of the characteristics of the leading Asia-Pacific business schools. Managerial Report Use the methods of descriptive statistics to summarize the data in Table 3.11. Discuss your findings include a summary for each variable in the data set. Make comments and interpretations based on maximums and minimums, as well as the appropriate means and proportions. What new insights do these descriptive statistics provide concerning Asia-Pacific business schools? Summarize the data to compare the following: a. Any difference between local and foreign tuition costs. b .Any difference between mean starting salaries for schools requiring and not requiring work experience. c. Any difference between starting salaries for schools requiring and not requiring English tests. 3. Do starting salaries appear to be related to tuition? 4. Present any additional graphical and numerical summaries that will be beneficial in communicating the data in Table 3.11 to others. Can you please solve the problem by Excel?

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Business Schools of Asia-Pacific

The pursuit of a higher education degree in business is now international. A survey shows that 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 economics, banking, marketing, behavioral sciences, labor relations, decision making, strategic thinking, business law, and more. The data set in Table 3.11 shows some of the characteristics of the leading Asia-Pacific business schools.

Managerial Report

Use the methods of descriptive statistics to summarize the data in Table 3.11. Discuss your findings

include a summary for each variable in the data set. Make comments and interpretations based on maximums and minimums, as well as the appropriate means and proportions. What new insights do these descriptive statistics provide concerning Asia-Pacific business schools?
Summarize the data to compare the following:

a. Any difference between local and foreign tuition costs.

b .Any difference between mean starting salaries for schools requiring and not requiring work experience.

c. Any difference between starting salaries for schools requiring and not requiring English tests.

3. Do starting salaries appear to be related to tuition?

4. Present any additional graphical and numerical summaries that will be beneficial in communicating the data in Table 3.11 to others.

Can you please solve the problem by Excel?

Business Schools of Asia-Pacific
The pursuit of a higher education degree in business is now international. A survey
shows that 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 economics,
banking, marketing, behavioral sciences, labor relations, decision making, strategic
thinking, business law, and more. The data set in Table 3.11 shows some of the
characteristics of the leading Asia-Pacific business schools.
Managerial Report
Use the methods of descriptive statistics to summarize the data in Table 3.11. Discuss
your findings.
1. include a summary for each variable in the data set. Make comments and
interpretations based on maximums and minimums, as well as the appropriate
means and proportions. What new insights do these descriptive statistics provide
concerning Asia-Pacific business schools?
2. Summarize the data to compare the following:
a. Any difference between local and foreign tuition costs.
b. Any difference between mean starting salaries for schools requiring and not
requiring work experience.
c. Any difference between starting salaries for schools requiring and not
С.
requiring English tests.
3. Do starting salaries appear to be related to tuition?
4. Present any additional graphical and numerical summaries that will be beneficial
in communicating the data in Table 3.11 to others.

TABLE 3.11
DATA FOR 25 ASIA-PACIFIC BUSINESS SCHOOLS
Students
Foreign
Tuition
Starting
Salary
($)
Local
Full-Time
per
Tuition
English
Work
Business School
Enrollment
Faculty
($)
($)
Age
% Foreign
GMAT
Test
Experience
29,600
32,582
4,300
11,140
33,060
9,000
16,000
7,170
16,000
Melbourne Business School
200
24,420
19,993
4,300
11,140
33,060
28
47
71,400
65,200
7,100
31,000
87,000
22,800
7,500
43,300
Yes
No
Yes
University of New South Wales (Sydney)
Indian Institute of Management (Ahmedabad)
Chinese University of Hong Kong
International University of Japan (Niigata)
Asian Institute of Management (Manila)
Indian Institute of Management (Bangalore)
National University of Singapore
Indian Institute of Management (Calcutta)
Australian National University (Canberra)
Nanyang Technological University (Singapore)
University of Queensland (Brisbane)
Hong Kong University of Science and Technology
Macquarie Graduate School of Management (Sydney)
228
4
29
28
Yes
No
Yes
392
22
No
No
No
90
29
10
Yes
No
No
126
4
28
60
Yes
Yes
No
389
7,562
25
50
Yes
No
Yes
380
3,935
23
1
Yes
No
No
147
6,146
2,880
20,300
8,500
29
51
Yes
Yes
Yes
463
23
7,400
46,600
49,300
49,600
34,000
60,100
No
No
No
42
20,300
8,500
22,800
11,513
19,778
30
80
Yes
Yes
Yes
50
32
20
Yes
No
Yes
138
17
16,000
11,513
17,172
32
26
No
No
Yes
60
26
37
Yes
No
Yes
12
34
27
No
No
Yes
Chulalongkorn University (Bangkok)
Monash Mt. Eliza Business School (Melbourne)
Asian Institute of Management (Bangkok)
University of Adelaide
Massey University (Palmerston North, New Zealand)
Royal Melbourne Institute of Technology Business
200
17,355
17,355
25
Yes
No
Yes
17,600
350
16,200
22,500
30
30
Yes
Yes
Yes
52,500
300
10
18,200
18,200
16,426
13,106
29
90
No
Yes
Yes
25,000
66,000
20
19
23,100
21,625
30
10
No
No
Yes
30
15
37
35
No
Yes
Yes
41,400
Graduate School
30
7
13,880
17,765
32
30
No
Yes
Yes
48,900
1,000
24
Yes
Jamnalal Bajaj Institute of Management Studies (Mumbai)
Curtin Institute of Technology (Perth)
Lahore University of Management Sciences
Universiti Sains Malaysia (Penang)
De La Salle University (Manila)
240
9.
1,000
No
No
7,000
98
15
9,475
19,097
29
43
Yes
No
Yes
55,000
70
14
11,250
26,300
23
2.5
No
No
No
7,500
30
5
Yes
2,260
3,300
2,260
3,600
32
15
No
Yes
16,000
44
17
28
3.5
Yes
No
Yes
13,100
5682 2 8 7 3

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