Sunday, July 15, 2007

Two months into the Ivey MBA experience

School is getting progressively busier with each week's passing. Now that we are more or less getting used to the rhythm of studying we are getting career stuff thrown into the mix.
First, I want to mention couple of words about the courses that we are taking as part of the second module. The courses are: Managing Financial Resources, Accounting Control for Managers, and Designing and Executing Strategies. I always thought Strategy to be quite interesting subject so I was definitely looking forward to that class. Moreover, I was always fascinated by financing activities of companies and as the result was also looking to forward to Finance course. Lastly, to be absolutely honest, I had mixed feelings going into the accounting course based on my undergraduate experience.
I remember taking the introductory accounting course as part of my management minor and having to spend hours figuring out if financial transactions were either credits or debits and then recording them in company ledger. So now you can imagine a bit of skepticism I had when David Sharp, our accounting prof, told us that he is going to make accounting fun... yet somehow in my mind fun wasn't the first synonym that came to mind when I thought of accounting.
We are now about a half way through the module two and my biggest surprise, so far, came from the fact that I'm actually finding accounting FUN. Let me explain myself here, before you think that George has finally lost it. The type of accounting that we learning is a managerial accounting, the type which looks at assessing health of businesses, whether or not banks should grant a loan to a business, and all kinds of other neat things that I can actually see being applicable to the real world. Moreover, professor Sharp has a unique ability to make accounting material seem much more interesting and indeed fun.
Strategy and Finance courses are even more interesting and informative than I originally anticipated. That is not to say that I'm finding either of them easy. There's lots of reading and studying for each one of those courses. So far I've been finding that the best way to stay on top of coursework is to spend 4-5 hours on a typical weekday, working on the next day's material, and 6-7 hours on each Saturday and Sunday to do some career related work and pre-reading for the week ahead.
As a closing comment I would like to leave you with a following thought: Trying to differentiate yourself in an MBA based on marks is probably one of the hardest ways to do it. More on this later.

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