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You are here: Home / General / MBE – Masters of Business in Excel?

MBE – Masters of Business in Excel?

November 27, 2006 By Al Martine

One of my new found skills is cutting numbers 30 different ways using Excel.  Por ejemplo, err, uh for example I just finished my Spanish exam. 

How did it go?

How should I answer that … firing up excel I first created a 2 way sensitivity analysis around what this grade could be and what that would mean for my next test grade.  But, first I built a model of my grades – something simple – Grade, percentage of total, weighted average and the sum of those points.

Good stuff – thank you MBA.

Next I decided that the worst case scenario would be 30%, best 55%, and most likely – 44%.  Then using goal seek, I found the totals for the next exam.  Thanks to the 73.5% on the first exam, even my worst case scenario shows to get a 51% in the class (D equals done here folks) that I’ll need a 50% on the final exam.  Very, very doable.

Now, if I was so inclined I could then use @Risk to see if I took my test 1000 or 10,000 (how much fun would that be?) what my average grade would be given certain circumstances.   Hell if I get idle fingers later maybe, just maybe … no.

Ahh, the joys of an MBE so many ways to cut the information but I still can’t see into the future.

Hasta Luego.

PS – no none of those grades are disappointing to me.  The listening part was a farking nightmare (-35 points off the top), which gave me a top score of 65 so a 55 would mean I only missed 10 points from the max possible.

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