OpenAI's ChatGPT Passes Wharton's MBA Exam in Professor's Experiment

Per NBC News

ChatGPT, an AI tool developed by OpenAI, has just passed Wharton's final exam for its Masters of Business Administration (MBA) program. The test was done by a professor who noted that the tool achieved flying colors and even outperformed other students at the University of Pennsylvania's Wharton School.

The chatbot was powered by GPT-3 and tested by Professor Christian Terwiesch to see if it could pass Wharton's MBA. The bot got scores of B- and B, cited by the Financial Times.

Terwiesch authored a research paper called "Would Chat GPT3 Get a Wharton MBA? A Prediction Based on Its Performance in the Operations Management Course," which included the test results he conducted with ChatGPT.

The professor highlighted how the bot was able to showcase its ability to automate some skills that were found in positions held by MBA graduates. He noted that the bot could do "basic operations management and process analysis."

Terwiesch: “(ChatGPT is) not capable of handling more advanced process analysis questions, even when they are based on fairly standard templates,"

OpenAI also released a statement regarding the function of ChatGPT and how its new format allows the chatbot to come up with better answers as they are refined through the conversation, per NYP.

"The dialogue format makes it possible for ChatGPT to answer follow-up questions, admit its mistakes, challenge incorrect premises, and reject inappropriate requests,”

OpenAI CEO Sam Altman said that the technology would result in helpful assistants to give users helpful answers and advice in a statement made to The Guardian. Altman noted that further on, the technology would help users discover new knowledge.

The professor then noted that the performance of ChatGPT on the test showed new implications for education in business schools, including the importance of exam policies and even a potential curriculum design that focuses on AI and human collaboration.

Microsoft, an early investor in OpenAI, which saw a $1 billion investment in the company in 2019, will be amping up its investments with a multi-billion plan estimated to be worth $10 billion. The company plans to use AI tech for its Bing search engine.

See flow at unusualwhales.com/flow.

Other News:

Resources:

NBC News

Financial Times

Wharton

New York Post

The Guardian

tastytrade logo+
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.