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Archive for the ‘MBA’

MBA : The Best Game Plan in 3 steps

December 07, 2007 By: The Financial Blogger Category: MBA 2 Comments →

For the very first time in my life, I felt that I learned something after doing an assignment for my MBA finance class. For most of the time I have been at school, the only thing that mattered is the mark that you are getting. As I have already written about the fact that MBA grades are meaningless on this blog, you must think that there is another reason why I am doing it. Since I am really learning something, I do feel the added value of having a MBA. Now that I am approaching the end of my first session, I think I developed a nice and workable game plan for the upcoming trimesters.
Read, read, readThe very first thing one must do during his MBA is to read every single book, chapter and page related to his classes. After the first two months, there is little time left for reading as you have to start your assignments and presentations. Therefore, you must take the reading out of your way and fast. As nobody told me that upfront, I learned it the hard way. The last chapters of each class were left unread as I had to get going with other stuff.

Work harder for your presentations and other assignments

This is really where you can get something out of your MBA. Many people do the minimum required or try to outsource this part to other members of their team or to bachelor students. They will surely get the grades, but this is all they will get. One day while we were in class and everybody was trying to have as less work as possible, I simply said : “If I wanted a MBA diploma with easy marks, I would have written a cheque!”. It is the truth for the MBA but also for several other things in life: you will get out of it as much as you had put in it.

There are no needs to study

Say that again? Yup, you do not need to study to get a MBA. As my dad always tell me : “Son, don’t work harder, work smarter”. If you read everything at the beginning of your session and you put a real and honest effort in your assignments, there are no needs to study for your final exam. All teachers agreed to leave us the right to use our notes and our books during the exam. Therefore, you need to know the basic theory and how books are written. You will be able to verify the details once you know what is the question.

Anyway, this is what I will try for my final exams in two weeks and I will post my results in January so you will be able to assess if my method is good or not ;-)

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MBA Grades Are Meaningless

November 13, 2007 By: The Financial Blogger Category: Career, MBA 12 Comments →

time">waste of time I know, it may not make sense going to school without thinking about your grades. Unfortunately, it is the very truth. I’ve been working hard for my marks so far and I always try to improve myself at any levels. As you can see, I am a highly competitive person. While doing my bachelor, I used to consider grades as a measure of my performance. This could not be further from the truth in the case of a MBA. I realized that last week when we received our first marks.
The result does not matterYep, you read it right, the official result of your labour; your presentation, your assignments or any other projects are not part of the main purpose of the MBA. I realized that when I noticed that most people who presented so far (no matter if they were amazing, good or okay) received about the same mark. It was within B+ and A. It shows that the teacher cares more about the effort you put in the presentation than the actual results. As a matter of fact, the qualify of the presentations were not equally distributed but their marks were.

What really matters

As I mentioned previously, as long as you are able to prove that you made a decent effort producing your reports, you will end-up with a good grade. However, after having lunch with my team mates (who have much longer work experience than I do), I understood that you are not getting much from an A or an A+. What really matters is what you have learned while you were doing your researches and writing your assignments. The good old bachelors habit to write what the teacher wants to read in order to get good results are no longer valid.

Do it for yourself

As one of my colleagues says: “I don’t care about my marks, what I do care about is how I can use what I learn in my life and at work”. While doing your researches, you will become in a better position to assess the previous success and failure of many companies and individuals. I believe that we can learn so much things by looking at what others have done in the past. As I previously mentioned in my last MBA posts, I just got access to 315 years of experience in my class. This is in addition to all the theories and concepts that I am learning in class.

From now on, I will change my approach to the MBA and I will try to learn as much as possible from my readings and my conversations with my peers. I know that if I work hard enough to assimilate others’ experience and the teacher’s theory, I will definitely end-up with good marks. However, this time, I will really learn something. After all, who cares if you had a MBA with honours or not, it is still showing on your business card ;-)

The most convenient way to get your certified MBA is through distance learning. This allows you to study at home without interfering with either your job or your family. Schools such as Walden University and the University of Phoenix offer both MBA degrees and related financial studies such as an accounting degree or a marketing degree. These degrees can all lead to well-paid careers.

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Mid Session MBA Report

November 09, 2007 By: The Financial Blogger Category: Career, MBA 13 Comments →


When I woke up last Friday to go to school, I realized something. When I signed for my MBA program a few months ago, there was a little annexe at the end of the document. It mentioned something in regards to selling your sleep time to the devil. So by signing, I acknowledged that I was giving all my possible sleep time to the devil in returns of sufficient energy to study until 1 or 2 AM every day. I also noticed in the Wallstreet Journal that Starbucks was expecting sales records as we were experiencing inscription records to MBA programs in North America.

books

After Cookie-Monster, I met with Time-MonsterMan,

 

this thing is time consuming you would not believe! Some people would tell me that it is because I made a commitment to work-out three times a week or that I decided to keep up with my blog and even added my Saturday Financial Ramblings or because I now have two kids. You know what? you might be right! Nevertheless, the MBA is sucking my valuable time away. Reading and team meeting are definitely the biggest obstacle to obtain this 11” by 11” piece of paper!

The MBA in numbers

- 2 hours of work a day: This is counting week days, weekends, birthday, wedding anniversary. Even if you little one is throwing up the whole night, you must stay awake and work hard. You are a soldier of knowledge afterall!

- 150 pages to read a week: Small characters, nothing to few pictures or graphs and you must add internet researches on top of it.

- 100 pages to write per session: I am talking about pages to be written individually if everybody do their shares of work in your team. Most assignments are done among your team so you have to trust them as they trust you. The good thing about it is that they are all there to succeed.

- 1 weekend every three weeks for classes.

- 2 weekends every three weeks for team meeting: Wait, if you combine the previous point with this one, it leaves no room for free weekends to spend with your friends or family? You got it right boy!

However, the MBA is also:

- 35 professionals working for different companies and different industries.

- 315 years of experience reunited together (the average is 9 years of experience in my class).

- 2 years of hard work that will lead to priceless amount of knowledge and connections.

- 1 phone call away from a promotion: You get to know so many people and the MBA title is well appreciated by several companies.

- 1 great sources of motivation.

- An endless sources of information, knowledge and experience.

Conclusion:

I would be lying if I would say that it is easy. However, I think that I receive much more in term of knowledge, experience and networking that I have to give in term of time and energy. It is definitely worth it if you want to go higher up in the ladder of success ;-)

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