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I took Statistics during undergrad. It was offered as a 3 part series and I received a "B," "C," and "B" respectively. I have since taken the CFA and now know I could definitely get an "A" in a statistics class. My questions are as follows:
1) Should I retake statistics in order to show business schools that the poor grades are no longer representative of my "statistics knowledge?" If so...
2) Should I take (A) business statistics or (B) advanced quantitative statistics (both of which are offered through UCLA extension)? If I take business statistics, I'll receive college transferrable credits but, (on the down side) business stats is more of an introductory management course. On the other hand, if I take advanced quantitative statistics I WILL NOT receive college transferrable credits since the class is geared toward professional development. However, unlike business stats, advanced quantitative stats is an upper division statistics course created for those with previous knowledge of statistics.
They don't look at your specific grades THAT closely... As long as your job has quantitative aspects and you do well on the GMAT that will not be a concern. Work experience, recommendations, essays and GMAT matter most... Even with grades it's just a glance at your overall GPA and how challenging was your curriculum. For example If you get a C in stats but all A's in Advanced engineering courses there is no way they will count that stats grade against you and give it more weight than those other (also) quant heavy courses. It's only a matter of "Can the candidate handle the quantitative aspect of the curriculum?" (YES/NO/MAYBE) lol