Curriculum Paper: Fill & Download for Free

The core of your questions can be divided into three as follows. Are econometrics taught in MBA programs and why? Can econometrics ascertain causality and why? Do professors use econometrics in their research papers and why?According to U.S. News, the top American business school is as follows.(https://www.usnews.com/best-graduate-schools/top-business-schools/mba-rankings)1.University of Pennsylvania (Wharton)2.Stanford University3.Harvard University4.Massachusetts Institute of Technology (Sloan)5.University of Chicago (Booth)6.Columbia University7.Northwestern University (Kellogg)8.University of California--Berkeley (Haas)9.Yale University10.Duke University (Fuqua)You can easily find the MBA curriculum at the official website in those business schools. It should show whether business teaches econometrics or not in their MBA programs.I study at Huazhong University of Science and Technology, Wuhan, China from 2013 to 2017. My second degree is financing and we do have to learn econometrics.According to my own experience, econometrics looks like a math class rather than a finance class. The main topic is a kind of formulas and calculus, which means that you need to have a good knowledge of mathematics.Personally speaking, I think econometrics should be necessary for an MBA student since the modern business and parament is quantized. We need the help of kinds of powerful math tools.As for the question of whether econometrics can ascertain causality, I wonder the exact definition you have for the term “causality”. In the 8th-edition Oxford Advanced Learner’s Dictionary, “causality” means “the relationship between sth that happens and the reason for it happening; the principle that nothing can happen without a cause”.From the view of math, econometrics do show the causality of the quantity. For example, if you know the price of a good and the total number to be sold, you are bound to know the total sales amount.But for the business, it is not a pure problem in mathematics, it involves more fields, like sociology, psychology, economics and more. There may exist causality.But now, those problems are too complex for users to quantify them so that we can draw a clear figure of the hidden causality. For example, you can know how much you spend on the advertisement this year, but you still cannot precisely calculate the sales amount in this year.As for the last question, as a student who mainly major in computer science, I read a lot of academic papers in computer science but few papers in finance or economics. But I do know that more and more economists tend to use more econometrics in their papers.The reason is that they want to provide strong support for their theories and make finance more scientific like natural science. To server those aims, math is the best friend.If you accept the assumption and the derivation process, you should accept the conclusion. It’s really convincing. Professors like econometrics for econometrics can help them to construct the proving process.