Business Skills Development Program
Applicants to the MBA program who do not possess required GMAT/GRE score have the option to take six modules in lieu of writing the GMAT/GRE. Students must successfully complete the program in order to waive the GMAT admission requirement. Applicants should note that they will only be considered for admission into the Business Skills Development Program (BDSP) once they apply to the MBA program and receive a conditional admission offer from Lakehead University.
The program will consist of 6 modules. Students will have to complete the following modules:
2023's BSDP will begin in July. Students must be on campus at the start of the program in order to begin. Specific scheduling details will be made available to students in the program.
The cost of tuition for Business Skills Development Program is C$ 5,000.00 for international students and C$2,500.00 for domestic students, plus ancillary term fees. Please visit https://www.lakeheadu.ca/current-students/tuition-fees/paying-fees for payment instructions.
Students must complete all modules within the Business Skills Development Program and must maintain a minimum average of 70 percent with no more than two modules less than 70 (but above 60 percent). A grade of less than 60 percent constitutes a failing grade.
Program modules are non-credit courses. Students who successfully complete the program will receive a certificate of completion. The certificate of completion will allow student to claim exemption from GMAT/GRE requirement of Lakehead University’s MBA Program. Similar to the GMAT or GRE results, the certificate will be valid for five years within which period students will be able to gain entry into Lakehead MBA Program without a GMAT/GRE Score.
Students who do not pass a specific module may apply to write a Special Examination for that Module. A student may only write Special Exams in two modules. If they do not pass the special exams or if they fail more than two modules they will be required to repeat the program. A Special Exam fee will apply.
There are no prerequisites among the modules. Students may only repeat the Business Skills Development Program once.
Important Notes and Considerations
This module is designed to provide students with mathematical concepts used in social sciences. The focus will be to interpret and solve problems and to develop simple mathematical models. Topics include linear and non-linear functions and models, solving linear and non-linear systems of equations, matrices, linear programming, quadratics, exponential and logarithmic functions and differential equations. At the end of this module a student will possess heightened ability to manipulate and solve different types of equations especially from an algebraic perspective.
This module deals with processing of information in quantitative form, imparting techniques of descriptive and inferential statistics. Topics include measuring and analyzing statistical data, probability distributions, covariance/correlation and independence, sampling distributions and control charts, hypothesis testing, experimental design, analysis of variance, and regression analysis. The module emphasizes how to apply various statistical techniques in the support of managerial decisions in the various functional areas of business.
This module will help to develop reading comprehension skills in students. The purpose of this module is to review techniques for effective and efficient extraction of pertinent information from reading passages and to communicate their understanding of the material. The module will include opportunities for students to practice these skills.
This module will develop student’s ability to write analytically. The purpose is to prepare students for writing at a graduate level by systematically analyzing materials and developing an argument that is supported with theory and evidence. Students will develop and practice analytical writing skills.
Critical Thinking and Integrated Reasoning
This module will hone students’ ability to apply analysis, critical thinking, and reasoning in new situations to develop solutions to new and complex problems. Students will critically appraise materials, consider contextual factors and ambiguous information, and practice the principles of integrated reasoning, including graphic interpretation and table analysis, logic, and problem solving.
Canadian Business Management
This module will examine relevant economic, legal, political, and social factors necessary to understand the business environment in Canada. The purpose of the module is to ensure that all students enter the MBA program with a shared understanding of fundamental business practices in Canada.