Quantic School of Business and Technology

Discussion in 'Business and MBA degrees' started by Dustin, Jan 6, 2021.

  1. chrisjm18

    chrisjm18 Well-Known Member

    There's quite a drastic difference in cost between the MS in Data Science and the other online master's program. I looked at the master's in counseling and it was $743 per credit hour.
  2. Dustin

    Dustin Well-Known Member

    Oh whoops, I just realized I made a math error. 15 credits is only one semester. $17K for 30 credits is actually $567 a credit hour. But still, that's quite high.
  3. Dustin

    Dustin Well-Known Member

    Another revenue stream for Quantic is selling the course summaries textbooks. $150 for softcover and $200 for hardcover, but with a 68% discount on your first purchase. You must be a student or alumnus in order to buy the summaries. I bought hardcover, with the discount it came to $68. About the price of a textbook in any other field so not a bad price.

    Attached Files:

  4. sube

    sube Member

    That's interesting. Is the book a summary of all the courses in the program or can you choose the courses you want in the book?
  5. Dustin

    Dustin Well-Known Member

    It's all of them. In Quantic language, the MBA is made up of 10 concentrations. Each concentration is made up of courses. And each course is made up of lessons. So when you finish a course you get access to a course summary of 2-6 pages, and the textbook provides you with a bound copy of all of them, though you have access to each summary as you finish that course anyway. I just want to have a physical one for reference, especially with the midterm and final coming up.
    Maniac Craniac likes this.
  6. Dustin

    Dustin Well-Known Member

    Still chugging along.

    Finished Accounting and Economics. Now is "Data and Decisions", which is basic stats and probability along with hypothesis testing.

    The midterm in May is based on these 3 courses. The final is based on the next 7.

    I'm really appreciating the refresher because my next course at Eastern is a stats course with R.

    There are 2 or 3 projects in the degree. They're graded out of 5 but if you earn a 3 which is a pass, you get full credit. So it's pass-fail but it's graded to a rubric. Score under a 3 and you have to repeat until you get a 3.

    The projects are done in groups of up to 5. You get 2 weeks per project. I'll get the prompt and info for my group's project on Monday. We're using the Quantic slack to coordinate.

    One of my groupmates is a Data Scientist doing her MBA so I'm hoping I can get some tips on breaking into the field.
  7. Dustin

    Dustin Well-Known Member

    The Accounting Project is a case study from the Ivey School of Business titled Highland Malt: Accounting Policy Choices in Financial Statements. Looks like a number of universities use this same case study. There's a "Creating Financial Statements in Excel" Quantic course that teaches us how to prepare the templates for the financial statements. The case study is 5 pages long and includes information about the forming of the company and a year of operation. Both the Case Study and the Project appear to be copyrighted so I won't provide specifics on those.

    The project involves taking the data in the case and preparing:
    • Balance Sheet
    • Income Statement
    • Cash Flow Statement
    • One page discussion, single-spaced including:
      • Financial ratio analyses
      • Recommendations to improve the financial health of the company
    There's a detailed rubric. I was mistaken above when I said a 3/5 is a pass, actually a 2/5 is a pass. To score a 2/5, in addition to providing recommendations, your financial statements can have:
    • 2 Major / Minor Errors
    • 1 Major / 6 Minor Errors
    • 0 Major / 9 Minor Errors
    An example of a major error is recording accounts of the wrong type (recording a 10-year bank note as a current liability instead of a long-term liability, which would throw off the ratios.) An example of a minor error is miscalculating the balance in an account or miscalculating a financial ratio like the acid test. An automatic failure is missing a financial statement, not balancing your Balance Sheet (lol) or having a credit balance in the Cash account - which means you're overdrawn.
    innen_oda likes this.
  8. Dustin

    Dustin Well-Known Member

    Sorry for the double post in one day, but Quantic just emailed to let me know they now offer .edu email forwarding to all students. These are not inboxes themselves, but they're a .edu address ([email protected]) which will forward to an email of your choice so that you can access educational discounts that require you to have a .edu discount.

    I would have preferred [email protected] but instead it's first initial of first name, first initial of last name, and then a sequential number based on how many others have that same pair of initials. So, if you're the 34th person whose initials are JS your email will look like [email protected].
  9. JoshD

    JoshD Well-Known Member

    Interesting that they do not provide an email inbox.
  10. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    I don't blame them. It's not 1994, everyone already has an email account they already like to use.
    JoshD likes this.
  11. JoshD

    JoshD Well-Known Member

    I think it is a nice touch to separate emails. I use my school email for solely school things and it ensures nothing is lost in my junk/spam on my personal email.
    SteveFoerster likes this.
  12. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    Fair enough, I suppose my way doesn't have to be the only way.
    JoshD likes this.
  13. Courcelles

    Courcelles Active Member

    Me too, but what I find interesting about Quantic’s setup, if I’m understanding it correctly, is that it is only an inbox. No outgoing mail? That limits the utility of it quite a bit.
  14. Dustin

    Dustin Well-Known Member

    Correct, it's an email forward so once you receive the email you must reply with your personal email.
  15. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    If you know what you're doing, or can follow directions, you can set most web-based mail services to show whatever email address you wish on the mail you send.
    chrisjm18 likes this.
  16. Dustin

    Dustin Well-Known Member

    Got feedback on my first group project: 5/5

    I'm really glad I studied ahead on these courses for two reasons: There was an auto-exit event at the completion of the first course to remove people not keeping pace and a number of people were temporarily disenrolled on a Sunday a couple weeks back when they thought they had until Monday (Quantic fixed the issue but still.) The other reason is that Data and Decisions is the third course and it's comprehensive. Here are the module nams:
    • One-Variable Statistics
    • Probability Fundamentals
    • Probability Distributions
    • Two-Variable Statistics
    • Regression Analysis
    • Data Collection
    • Statistical Inference: Making Data-Driven Decisions
    • Advanced Statistical Inference
    Quantic's usual schedule has you doing two of these modules per week. I just finished Probability Fundamentals so I'm about 3 weeks ahead, but I'm moving much slower on these modules than I was the others. There's a break week April 19 so hopefully I can finish this course by May 14 and then prepare for the midterm which is on Economics, Accounting, and Statistics (the first 3 courses.)

    The next project is an individual one on a short deadline based on the content in the Markets and Economies course. I look forward to seeing what that's like.
    SteveFoerster likes this.
  17. Dustin

    Dustin Well-Known Member

    A couple of updates:

    I'm working on the Markets and Economies case study now. You're given 10 pages on a real company (in this case, Brompton Bikes) and you must create a slideshow and a 5-10 minute video response responding to one of several economic questions (on topics like pricing strategy, regulatory changes or impact of currency exchange rates.) Pretty neat. Due tomorrow. I've got my presentation with citations ready so I just need to record the video.

    Another major change I just learned about because I haven't been on the Slack in a few weeks:

    The MBA is no longer free.

    There was one or two cohorts admitted after mine (I was in January, they had a February and I think maybe a March cohort) who will receive the free MBA but for everyone else they must pay $9900. Accompanying the change are the creation of several need and merit-based scholarships: https://quantic.edu/scholarship-opportunities/students
  18. chrisjm18

    chrisjm18 Well-Known Member

    I find it preposterous that Quantic would compare its MBA tuition to Wharton, Kellogg, Carey, Kelley, and Kenan-Flagler. There's no need for comparison because all those business schools, save for Carey, are prestigious schools with top rankings. I think it would be more appropriate to compare it to other DEAC accredited schools, which maybe offer comparable or lower tuition. Heck, they could even find some online FP or NFP programs with tuition upwards of 20k for their comparison. One could easily put an extra 2-3k and get an AACSB accredited MBA at LSUS, Lamar, and some others.
  19. Dustin

    Dustin Well-Known Member

    I did a quick survey of NA MBA prices based on picking names I recognized from this Wikipedia article: https://en.wikipedia.org/wiki/List_of_universities_accredited_by_DEAC

    • National University: ~$23,868 (the MBA is a mix of 500 and 600-level courses that cost slightly differently so I just used the lower amount x the number of credits)
    • Aspen University: $12,720
    • Grantham University: $12,600
    • Columbia Southern University: $11,700
    • Quantic: $9,900
    • California Coast University: $8,970
    • William Howard Taft University: $8,100
    • Bottega University: $4,488 (they use a flat $1497 per term so I assumed 3 terms to complete 36 credit hours)
    • University of the People: $2,940
    I think the price comparison is just good marketing. They're trying to sell the inexpensiveness of their MBA and they've chosen the most expensive schools to highlight that. I would too.
  20. nomaduser

    nomaduser Active Member

    R.I.P. Quantic.

    For 9k GBP, you can get Heriot-Watt's MBA degree!
    That's way better than Qunatic's NA degree.

    If you have 9k GBP, I'd say go for Heriot-Watt.
    During the pandemic, all of Heriot-Watt's exams will be held online.

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