For those of us who don't come from finance or accounting backgrounds, the general consensus from alumni and current students is that some pre-MBA prep would be highly beneficial. I can appreciate that, being an over-achiever. After all, I know I would really hate to be the "last" in class when it comes to the finance and accounting core courses.
MOOCs are perfect for this, being free, taught by renowed educational institutions, and entirely flexible. So I've embarked on Introduction to Corporate Finance and Introduction to Financial Accounting on Coursera, taught by Wharton professors. Definitely highly recommended as I now know about the time value of money, annuities, NPV and some of the financial jargon that you would definitely come across in core courses.
In fact, INSEAD recommends doing such courses on Coursera pre-MBA and looking at the content of their 1 week pre-MBA Business Foundations course (€1,800 extra), they cover pretty much the same material for the Finance and Accounting sections. I've also heard that London Business School offers pre-MBA prep quant courses sometime in March, much like INSEAD's Business Foundations course, except that it's online and self-study. So I've figured I might as well get a head start and later when LBS does offer their course, it'll serve as a refresher.
On a side note, Coursera, I'm finding, is a little bit like falling down the rabbit hole. For avid learners it's a gold mine of pretty well-delivered business knowledge and I keep finding more courses I'd like to take. Alas there are only 24 hours in a day and I do still have to work for a living :) That said, I'm going to attempt to try and absorb as much knowledge as I can by July when I move over to London!
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