Durham, Day 1.2: No Hell yet

So today started off week 2, which for me should be a whole new level of Hell.  Since I wasn’t smart enough to check that I scheduled my classes properly, I’ve got 3 classes this week instead of the customary two.  Funny that week 1 didn’t really seem to be that light…

Here’s how I see this week’s classes:

Valuation and Fundamental Analysis:

This is going to take some effort, which is probably a good thing since I should know this stuff for my career (or future career at least).  Only major downside was professor at 8 a.m. going “So I’ve heard you’re all worn-out from the first week.  Yeah, you’ll be tired after this class too.”  That’s just NOT the way to introduce yourself (even if that’s the dry Swedish humor!)

Strategy Implementation:

High energy professor, which will definitely be necessary to keep me moving in this qualitative class.  Don’t quite understand the tendency of Strategy professors in showing pictures of their wives though (core class professor did this also); I mean, I understand being proud of your family and all, but none of the other professors seem to have this tendency?

Only major downside here is the one-case-per-day and the homework that goes along with it.  Not that a case per day is that onerous, but needing to complete the assignment after my 3 classes, before midnight each night…that’s going to take some serious time-management.

Investment:

Complete letdown.  By the time I arrived at this class at 4:30 p.m., I needed a serious dose of ‘interesting’.  What I got in return was a rehash of the material that was part of the math review…and Corporate Finance in Semester 4…and 8th grade for that matter.  While I can understand the desire by professors to want to get off on a good foot, partner-in-crime Ashish put it best:  “I really wish we could save time by enforcing the pre-requisites.”  Indeed.  Reviewing time value of money at this point is really mundane, and if there are problems with this concept by now, then perhaps UNC might be more your speed (j/k, sort of).

While this rehash of material will make the next week fairly easy (assuming the class material doesn’t skyrocket tomorrow), I’m really hoping to learn about the more exotic side of investment valuation…clearly our professor has the background (Goldman Sachs, to Wharton MBA, Fuqua Ph.D) to show us the complicated side of Finance.

 

Durham, Days 4-5: Each conversation/speaker provides new perspective

James Davlin - VP & Treasurer - Deere & Company

One of the best things about the international residencies as part of the CCMBA program was getting a different perspective on the world, that the problems and concerns in the U.S. don’t necessarily continue on when you are outside of the country.  Or, to put it another way, the problems that are faced in the world (poverty, disease, government corruption, etc.) aren’t limited to what is observable in the major metropolitan areas of the U.S.

Coming to Durham, I wasn’t expecting to gain any additional perspective shift relative to these larger world issues.  What has changed my views on business and the world, however, are the conversations and guest speakers I’ve participated in.  I’ve met with students from the Goethe MBA program, with Fuqua Admissions staff, listened to speeches from leaders in the business world, and entrepreneurs and venture capitalists almost hourly.  Even my conversations with CCMBA classmates have been relatively fresh, which is pretty tough to do after all this time together…

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