Download pptx - Mba512 - Final Presentation

Transcript
Page 1: Mba512 - Final Presentation

BY QUENTIN LOGAN &

JAMES JUICE

MBA 512: BUSINESS RESEARCH AND DESIGNS METHODS

Does Standardized Testing Predict the Quality of MBA Students?

Page 2: Mba512 - Final Presentation

Background Information

There is much debate in the education realm as to whether standardized tests can predict the quality or success of a student

We found an article that looked at Graduate Tests (GMAT) and it found that the GMAT is a good predictor of the quality of students

GMAT and GRE’s are the official standardized tests that are accepted by MBA programs in the state of Pennsylvania.

Page 3: Mba512 - Final Presentation

Background Information

Over 4,000 schools nationwide use these test for admissions

GMAT- Graduate Management Admission TestGRE- Graduate Records ExaminationGMAT’s are more widely accepted for

admissions into Business School.GRE are more widely accepted for admission

into Graduate programs and often have subject tests associated with them (i.e. Psychology) GRE = $140 GMAT = $250

Page 4: Mba512 - Final Presentation

Background Information

Scoring well on standardized test can boost a below average GPA when applying for admission into an MBA program

There are concerns of the validity of these standardized tests

Most schools say that standardized test along with undergraduate GPA’s are good predictors of the quality of future students

Page 5: Mba512 - Final Presentation

Important factors to consider in our research

GenderGRE and/or GMAT requiredAverage Undergraduate GPAAverage Graduate GPAFull to Part-time ratiosAverage Test Scores required for admissionQuality of Students

Page 6: Mba512 - Final Presentation

Research QuestionDoes taking standardized tests improve or

predict the quality of current and graduate MBA students?

Research HypothesisCompetition between GRE and GMAT continues

to thrive in the Graduate Business schools. We believe that although there is much debate about the validity of these Standardized tests, those who take them and are enrolled in institutions that require them, are better quality students and the overall learning experience is superior

Research Question

Page 7: Mba512 - Final Presentation

Major Questions

What are faculty’s perception of the GRE and GMAT?

Does requiring a test score impact the quality of students?

Should Wilkes University require the GRE or GMAT for admission into the MBA program?

Page 8: Mba512 - Final Presentation

Our Survey

Page 9: Mba512 - Final Presentation

Target Audience

Our target audience was faculty of MBA programs in Pennsylvania. We chose Faculty because be believe that they have the

best insight into quality of students Graduate Students might be bias

We sent out e-mails to 42 universities in PA which have MBA programs

Our original goal was to find one or two e-mail addresses from these schools and ask those recipients to forward it

Revised Goal = 10 names from each institution (420 faculty)

Page 10: Mba512 - Final Presentation

Survey

We hoped to get at least 50 respondents to our short, quick and easy survey

Survey administered via email with a link attached

Our survey was hosted on Google DocumentsOriginal goal was 420. We sent out close to

1,200 emails with our survey link includedResponse rate was very low (28)

Approx. 2.3% response rate

Page 11: Mba512 - Final Presentation

Sources of Error

Our link via email

Spam Filters

Faculty members unclear about directions

Page 12: Mba512 - Final Presentation

Survey Questions

o Multiple Choiceo What is your gender?o Is the GRE or GMAT required at your institution?o What is the average GPA of a incoming student?o Have you always required the GMAT or GRE

o Scaleo Standardized tests are a good indicator of student

quality?o Standardized tests are a good indicator of student

success?o Potential income is directly related to performance on

standardized tests?

Page 13: Mba512 - Final Presentation

Our Data

Our Data

Page 14: Mba512 - Final Presentation

Data Preparation

Female Male0

5

10

15

20

25Gender

Total

Total number of respondents was 28; 7 of which were female and the other 21 males.

Female Male0

2

4

6

8

10

12

14

Gender by Faculty Po-sition

Adjunct/InstructorAssistant ProfessorAssociate ProfessorFull Professor

Graph representing the respondents to our survey by gender and faculty position. 16 of which were full professors, 9 associate professors, 2 assistant professors and 1 adjunct professor.

Page 15: Mba512 - Final Presentation

MBA Students Average GPA

3.0-3.25 3.26-3.50 3.51-3.75 3.76-4.0 Don't Know

0

2

4

6

8

10

12

Graduate

Total

3.0-3.25 3.26-3.50 3.51-3.75 Don't Know0

2

4

6

8

10

12

Undergraduate

Total

The graphs represent the average undergraduate and graduate GPA’s of MBA students. We see that there is an increase in GPAs from the undergraduate to graduate.

Page 16: Mba512 - Final Presentation

Data Preparation

25%

75%

Schools requiring Standardized Tests for Admissions

No Yes

This graph represents the number of schools who require or don’t require GMAT’s or GRE’s for admission. Based on the graph 25% do not require GMAT’s or GRE’s and 75% do require GMAT’s or GRE’s for admissions.

Page 17: Mba512 - Final Presentation

University No YES Not Applicable

York College of PA 1Wilkes University 1 1 1

Waynesburg University 1University of Pittsburgh 2Penn State Harrisburg 1

Lebanon Valley College 1LaSalle University 2 1

Kutztown University 2 2Indiana University of PA 1 1 1

Gannon University 1Duquesne University 1 2

Bloomsburg 1 1 1Arcadia University 1

Grand Total 9 12 7

Do you think the quality of students has or will increase with these test requirements?

Page 18: Mba512 - Final Presentation

Two Sample Proportion Test

Page 19: Mba512 - Final Presentation

Correlations

We noticed that these variables were all correlated and we tested them to see if they were similar

Here we see that there are 5 important correlations to think about. Incoming GPA compared to Graduating GPA, Quality Indicator , Success Indicator and Part-Time. Tenure and Part-Time also seem to be correlated.

Page 20: Mba512 - Final Presentation

Reliability Statistics

We found that with our scale data about quality, success and income, respondents answered these questions the same and we had a Cronbach’s Alpha to prove it.

So we created another variable that actually encompassed the other four and we called it Total Success.

Page 21: Mba512 - Final Presentation

Regression

In this regression, we looked at whether standardized tests have an impact on these factors. This table shows a few important variables. The first variable is the ANOVA significance F which tells us that our model is not significant and when we look at the P-values, there are no significant values either.

Standardized Tests

Page 22: Mba512 - Final Presentation

Two-Sample Mean Test Example

Page 23: Mba512 - Final Presentation

Two-Sample t-test of Standardized Test

This two sample mean test looks at whether there is a difference in the listed variables and whether or not the institution requires a standardize test for acceptance. We can not reject the null hypothesis and we believe there is no significant difference between having standardized tests and all these variables.

Page 24: Mba512 - Final Presentation

Faculty

Incoming GPA

Above are two different ANOVA’s. The ANOVA on the left, shows that for Faculty, there is no significant effect on all these variables except part-time. Interesting enough, for the ANOVA on

the right, which looks at the Incoming GPA, there are 4 significant effects on part-time percentage, GPA of Graduates, Quality and Success.

Page 25: Mba512 - Final Presentation

Conclusions

From a faculty perspective, standardized testing did not have any significant effect on quality or success of MBA students based on our population

Incoming GPA did have a significant effect on Graduating GPA and % of part-time students

We also saw that incoming GPA had a “significant effect” on quality and success

Page 26: Mba512 - Final Presentation

Conclusions

Requiring standardized test does not indicate higher quality of students

GRE’s are being accepted more and more across business programs, however, we would recommend that Wilkes continue to not require standardize testing for admission

The validity for standardized testing will always be questioned

Page 27: Mba512 - Final Presentation

Recommendations

Based on our data, if this research was to be continued, we recommend surveying more faculty from universities all over the nation

Pursue alternate ways to administer the survey to faculty besides through e-mail and electronic surveys

Consider a different target audience other than MBA Faculty

Add more in-depth questions

Page 28: Mba512 - Final Presentation

Impacts

Research QuestionDoes taking standardized tests improve or predict

the quality of current and graduate MBA students? Based on our research, we believe that Faculty

members have an incredible vantage point on the quality of students and the use of standardized tests is not critical in determining if students will succeed or fail in an MBA program With this initial research, if our results remain the same,

institutions should consider reducing the weight that these standardized tests hold in their admissions process

Page 29: Mba512 - Final Presentation

Questions

?