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Is performance in mathematics and statistics related to success in business education?

Is performance in mathematics and statistics related to success in business education? The purpose of the article is to gain more insight into factors that can explain students' success in business subjects. The focus is on the connection between performance in introductory courses in business mathematics (BM) and business statistics (BS) and success in various business subjects.Design/methodology/approachUse of a regression model with administrative data from a business school in Norway over a period of 10 years.FindingsThe findings show a strong correlation, especially in quantitative subjects. The results suggest that statistical skills are more strongly related to academic success than mathematical skills.Research limitations/implicationsThe data are collected from only one school. No information on undergraduates' personalities and behaviours is available.Originality/valueThere are limited published studies that have explored the relationship between success in statistics and later achievements in business courses. This is useful knowledge for planning the content of the bachelor's programme. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Applied Research in Higher Education Emerald Publishing

Is performance in mathematics and statistics related to success in business education?

Journal of Applied Research in Higher Education , Volume 16 (5): 12 – Nov 27, 2024

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References (59)

Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
2050-7003
DOI
10.1108/jarhe-08-2023-0361
Publisher site
See Article on Publisher Site

Abstract

The purpose of the article is to gain more insight into factors that can explain students' success in business subjects. The focus is on the connection between performance in introductory courses in business mathematics (BM) and business statistics (BS) and success in various business subjects.Design/methodology/approachUse of a regression model with administrative data from a business school in Norway over a period of 10 years.FindingsThe findings show a strong correlation, especially in quantitative subjects. The results suggest that statistical skills are more strongly related to academic success than mathematical skills.Research limitations/implicationsThe data are collected from only one school. No information on undergraduates' personalities and behaviours is available.Originality/valueThere are limited published studies that have explored the relationship between success in statistics and later achievements in business courses. This is useful knowledge for planning the content of the bachelor's programme.

Journal

Journal of Applied Research in Higher EducationEmerald Publishing

Published: Nov 27, 2024

Keywords: Business education; Performance; Regression model; Statistical skills; Mathematical skills; Quantitative analysis

There are no references for this article.