Tuesday, August 18, 2009

An Economist on an Economist's Prediction

I recently saw a Bloomberg article that I thought contradicted the general consensus of just a few months ago, so I asked one of my Economics profs about it. Here is his response:

"What [corporate economic advisor] says is not that much different from [another corporate economic advisor's] view. [Previous Guy] had suggested about 4% growth in the next four to six quarters- and that is pretty robust indeed. I can understand the arguments for that and I think it is plausible. [Opposing View's] view of 2% growth in the coming years is propaganda for [Company's] position- not a serious view."

Weeks Later . . .

Another term has flown by. I did alright in my Foundations of Finance class; not spectacular, but alright. I really busted my butt for the final, and even before then was going in for extra help. That's got to be the biggest difference in being an adult getting an education; I am a much less passive learner than I was in undergrad.

Right now I am on hiatus. While many of my classmates took one class, then another, and are now in summer intensives, I took two classes, then Finance, and no intensives. It is awesome to have a life back. I practically don't know what to do with my time. I've been easing back into my summer activities: riding my bike and kayaking, plus staying up late and sometimes even going out at night.

I've had time to think about what I want to do with my MBA; now I must think of it as this MBA, an MBA from a finance-heavy school in the town that plays home court to Wall Street. I find the financial M&A world interesting but I don't have the quantitative chops to be competitive; I do like strategy and management, and I'm very analytical, so I think perhaps I could go into a different part of the M&A world, or straight into Management Consulting. Strangely, consulting does not hold the appeal that it did when I started. I don't know if that's age, or the realization that I've more or less acted like a consultant in my career to date, and I get a little frustrated when clients don't take my advice.

My company is going through a re-org, and that includes my department. There may be internal opportunities to pursue. I'm polishing up the resume and dressing a bit more like an adult. Forty percent way through my degree should count for something.