Monday, December 21, 2009

Halfway Point

I am officially halfway through my degree. I don't know my grades yet, but the end of this semester marks 30 credits. Next spring, I start taking electives. I am really looking forward to that.

So, what have I learned to date?

I learned about accounting. I like accounting, it's pretty straightforward. I got a little lost managing my contra-asset and contra-liability accounts (but fell in love with the wording), and how to manage an allowance for bad credit, or for theft, but still, the high level discussions of Enron and and Worldcom shenanigans were very interesting.

I learned about management. I learned how to organize teams, whether hierarchically or vertically, by function or geography, as well as a lattice structure. This was very applicable to my current environment. I work for a ginormous international conglomerate.

I took two strategy classes, back to back; I wish I hadn't, but I really wanted to take Strategy II. Here, I learned of a field I might be particularly interested in. After apocryphal stories of Coke kicking Pepsi out of Venezuela, and learning that Google is not in as strong a spot as it is widely considered to be, I decided to make strategy one of my specializations.

Statistics was nearly the end of me, but I grew tremendously. Firms and Markets was alternately easy and baffling - we had a new prof who would sometimes skip steps.

Operations was more difficult than I expected; Global Economy was easier. Here, again, I found a topic of long-term interest - macroeconomics - to consider as a specializations. Foundations of Finance began as a very interesting class but devolved into a forced march through options pricing.

So now that I've finished up Corporate Finance and Marketing, I have the basic skills of a proto-MBA, right? I at least know the questions to ask, and can follow developments in the news.

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