It’s raining hard today and I had an 8:30. It took me almost an hour to get to school because the subway was packed. I had to wait for 3 trains, then my train just randomly stopped at Summerhill for 10 minutes, and Bloor station was a mess. Picture of a packed subway car and the people waiting for an empty enough train to get to work:
In addition, have to get my butt in gear for school. Only 2.5 more weeks left… tired and pooped right now. I’m taking a star-trek+french fries+ketchup break and then it’s time to get to work…. mmmmm, ketchup.
Archive for the ‘Academic’ Category
What a day
Wednesday, November 21st, 2007Working Space
Thursday, November 15th, 2007This is an issue I’ve been having recently… Rotman books all the breakout rooms for some event and leaves the students who have ACTUAL MEETINGS AND WORK TO DO no where to work. Given the tight timeline on assignments and the co-ordination issues of setting up a meeting with 6 busy people, it would be useful to not have to worry about having a room to work in. Picture for tomorrow’s room availability:
This is an issue that has been brought up many times and it looks like there is no real viable solution. I’m sure just about every other b-school has the same problem as well.
In conclusion: I know that events are important but at least leave us a few places to work–don’t just mass book everything.
Rumors of My Demise…
Wednesday, November 14th, 2007I haven’t posted in a while… and well… I don’t have much to post. School is just chugging along, nothing interesting or out of the ordinary to report. I felt I owed this blog a post though just given how long it’s been. I’m not sure why you would find this interesting but here are my deliverables until the end of the semester:
- Entrepreneurship - Analysis of a Start-up (individual assignment), Nov 29
- Corporate Financing - Presentation on Ford’s decision payout via dividends (group assignment), Dec 4
- Management Science - Two case questions (group assignment), Dec 5
- Real Estate Economics - Final paper (group assignment), Dec 5
- Entrepreneurship - Business Plan (group assignment), Dec 6
- Corporate E-biz strategies - Industry Analysis (individual assignment), Dec 8
Then I have exams on December 10th, 12th, and 20th.
Anything you want to know? I find my passion for blogging on here or my personal blog has decreased significantly due to my tumble blog. It’s a lot more day-to-day, personal, and unfiltered so most won’t find it interesting.
First year is so much more interesting than 2nd year!
Thursday, October 25th, 2007This is just an overall feeling I’m getting the last few weeks. I’m bored in probably 70% of my classes. It’s painful. This just kills my productivity. I just want to finish right now and get to working.
ARG!
Questions from Den
Friday, October 19th, 2007Den, a perspective Rotman student, asked some questions on the last post. They are good questions and probably of general interest so I decided to give my answers their own post.
First, thanks for the compliment Den. It’s easy to be “the best” when you’re probably the only source.
Now the questions:
Are there many people from non-tech/non-finance background (that’s me) at the school?
Well the vast majority of people at the school have an Engineering, Science, Math, or Commerce background. That being said, there are many people who don’t have these backgrounds and do very well in many courses that us Engineers have difficulty with. They showed us a pie chart at the Taste of the MBA, I believe my class is 20-25% non engineering, science, math, and commerce (but I can’t remember for sure). The Rotman site has a breakdown for this years class:
|
Business/Commerce |
45 |
17% |
| Economics
|
25 | 9.4%
|
| Engineering
|
107 | 40.5%
|
| Humanities
|
8 | 3.0%
|
| Life Sciences
|
15 |
5.6% |
| Math/Computer Sc.
|
24 | 9.0%
|
| Other
|
9 | 3.4%
|
| Physical Sciences | 8 | 3.0% |
| Social Sciences | 15 | 5. |
Is student involvement encouraged/supported? I was thinking of organizing a club if I got accepted, but I am not sure if that is a part of the culture at Rotman.
Student involvement is strongly encouraged supported. I remember getting an e-mail back before I started school (after I started this blog) from a second year who was encouraging me to join an initiative to start a new Rotman student newsletter. That, unfortunately, fell through but it’s just one of the examples of the types of things you can do. Other examples are: starting your own club, running for student government, helping the school with initiatives, or just participating in all the conferences and competitions. With respect to starting your own club, that is definitely a possibility. I believe (and don’t quote me on this) that we’ve had 3 or 4 new clubs created since I started at Rotman.
The biggest issue that I will bring up (and I believe it is a theme in quite a few of my posts) is that people are really busy (especially in first year). This becomes a problem when you’re trying to build clubs which requires a lot of involvement. Students love the clubs but when it comes to execution, many pick sleep over heavy involvement in clubs. This is just an observation of mine and it may or may not be a trend you see across the MBA schools.
Regardless, I encourage you to try different things and if building a club interests you, go for it!
The adcom are not very responsive to my emails so it is very hard to communicate with them. Was the situation similar when you applied?
By adcom I’m assuming that you are referring to the admissions people. I didn’t e-mail them very much but I did find that occasionally it took a few tries before I got a response. I’m not sure why. This isn’t a trend I see inside Rotman though. I usually get responses to my e-mails in minutes and at most hours. Consequently, I’d guess that the admissions people are just swapped with e-mails or there is a process in place for responding to e-mails and perhaps the process needs some retooling.
Thanks for the questions. As I’ve said before, if anyone has any questions please send me an e-mail or post a comment. It makes coming up for content for this blog a lot easier. To me all this information is internalized somewhere in my brain and it’s hard to pick it out unless someone asks.
Cheers.
It’s Working Time
Friday, October 5th, 2007Well, it took nearly 4 weeks but I finally find myself doing a consistent level of work. It’s still no where near as bad as last year—it looks like I’ll probably have most of the weekend off, again. My original assessment of the courses still seems true right now.
I’m really happy with the amount of reading this year. It’s easily half to a quarter of what I had to do last year. Furthermore, to a large degree, the readings are just refreshers of concepts from first year and how to apply them to new situations. However, the new situations are far more complex and real world than last year.
News from yesterday: I’m apparently so good at this whole creating value thing that RIMM just kicked some butt. Yesterday their stock jumped ~$3 partially on the news that the US postal service will be giving their workers BlackBerry devices to use some location based services. Then they jumped another $7 in after hours trading due to their quarter results—the iPhone did nothing but help RIMM. Yeah, all that value creation was me.
Finally, I have a cold.
Classes
Saturday, September 22nd, 2007My apologies for totally neglecting this blog. Second year so far has been considerably less hectic than first. Half the hour of classes, twice the time to finish a semester/quarter of material. Here are my thoughts on my classes:
- Corprate Financing – The proff makes this course GREAT. Professor Irwin has extensive real world experience and a no-BS attitude. I’m sure to learn a lot (and be challenged) by this course.
- Entrepreneurship – This will be one of my favorite classes. It just seems like there will be lots of useful discussions on topics that will help entrepreneurs and non-entrepreneurs alike. I’m looking forward to writing a biz plan/feasibility study for a new venture. Should be cool.
- E-biz strategies – Probably not the best choice in the world. The 8-hours of classes, one day a month is really painful. The stuff we’ve learned so far would be useful if I wasn’t a total tech nerd but unfortunate for me…
- Management Science – Again, probably not the best choice in the world. The course would be useful if I wasn’t an engineer and didn’t find the material very (so far).
- Real Estate Economics – Another great course. This course is taught by Dr. Strange who is also the co-editor of Journal of Urban Economics so we learn a lot! He’s also a great teacher and the material strikes me as useful for thinking about non-real estate problems.
I’ll try to post something more substantial in the future but I’m just enjoying the relaxed lifestyle a little too much right now.
Answering Some Questions
Wednesday, August 29th, 2007I’ve been put in touch with my first year buddies and I’ve answered some questions that might be of value to others:
- You’ll get your course info after the taste of the MBA. They will provide you full student access to R-world which has a section with your schedule.
- I’m a member of: The Management Consulting Association, Engineers in Management, New Ventures, and Media and Entertainment Association. I decided mainly based on what my possible careers could involve. They’ll provide you an opportunity after the Taste of the MBA to learn more about the clubs. I’d say it’s better to choose more clubs rather than less; that being said, the clubs are quite expensive in some cases so don’t sign up for everything.
I know it isn’t much but I felt that these were time sensitive for the students just starting their MBA at Rotman. As I answer more questions I’ll post my responses here.
Tip 8+
Monday, July 23rd, 2007I was asked by Paula to write up some words of wisdom for the Unofficial guide to Rotman. I’m also posting my answers on here. (some of these were brought up in my earlier tips)
Textbooks:
- Don’t buy them until you have to. The store seems to have more than enough textbooks so don’t worry about them running out. Reading them is also usually optional (Google is your friend).
Tips for Study Groups (what worked well/what didn’t work well):
- It sounds silly but MAKE A CONTRACT. Let me say that again MAKE A CONTRACT. Outline meeting rules, expectations for attendance, acceptable e-mail/phone times (e.g. no 1am phone calls), and standard meeting times/days.
- During the first week, after you get the due dates from all your courses, hold a group meeting. At the meeting draw a big calendar on the board and write out all the due dates. Now figure out how and when you’re going to finish all your work. It’s scary when you see all the stuff that’s due.
- Use survey monkey to create anonymous surveys of each group member’s performance. Do some 360 feedback after the group disbands to help everyone improve their work with the next group.
Tips on Courses:
- All courses – Always apply the “does this make sense” or “would a 10 year old laugh at me for this answer” test. It sounds funny but it’s really easy to get caught up in the process, tools, and terminology to produce a solution that would even get you kicked out of Schulich (Harsh Burn!
). Just think about answers for a bit and walk through the logic in your head before you move forward. - Accounting – Le Yawn. (sorry, I have no words of wisdom here, just bite your lip and do what you gotta do)
- Economics – Very important for Strategy and other courses later on. The basis for a lot of future theory. The lectures are where it’s at so don’t skip class. Reading the book isn’t very useful before class but can be very useful after class.
- Ethics - Write your reaction paper’s early and choose topics that you have some personal experience with.
- Finance – Don’t split the cases up among group members, you’ll hurt yourself for the exam. The cases aren’t too long, every group member should do it on their own and come together to compare (and argue) about answers. This is the best studying for the exam you could ever do.
- Integrative Thinking Practicum – Gah! This class will eat your life if you let it. Focus on the mental model merging stuff they teach you and less about the details of your project solution. Hopefully they reorganize the course this year to make it easier for you to learn about model merging before you finish your slide deck for the project.
- Negotiations – Before you come in make a plan for how to approach the experiential exercises in a way to actually make you learn. For example, be really confrontational and keep info close to the vest for the first negotiation and then very cooperative and freely share information for the 2nd. Use what you learn from the first 2 to try a 3rd strategy for the next exercise..
- Operations – Pay attention in statistics. Engineering degrees help.
- Statistics – Make sure you know how the data was collected for your project if you don’t collect it yourself. This will save you hours (if not days) of rework. Don’t sweat the quizzes too much.
- Strategy – “Trust the tools.” Tim Rowley always says this and he’s right. Don’t go with your gut (yet).
Why Being a Big Geek Totally Rocks
Saturday, July 21st, 2007Who would have thunk it? Even in b-school being a geek rocks. Not in the “you get all the girls” or “can co-ordinate your body so you don’t trip over yourself” ways but in other ways. For example, when bidding for courses.
First some background. Rotman (like many b-schools) doesn’t do first-come-first-serve electives sign-up, you have to bid. I was allocated 1000 points and needed to sign up for 10 courses. Space in the courses is allocated to the higher bidders and those who don’t bid enough get their alternate choice (maybe).
It really is a fun (yeah you heard me) resource allocation problem. I sat down and cranked out an Excel spreadsheet that would take a bunch of random data they gave us (e.g. how much space is in the course, how many people have expressed interest in the course, etc.), infer a mean bid/standard deviation, and give you a max/min bid. This gives you a good range and you try to bid towards the upper portion.
It paid off, totally. I got all the courses I wanted
Here are the courses I’m in (links aren’t so great since they don’t have dedicated pages for each course, sorry):
- Corporate Financing
- Management Science
- Entrepreneurship
- Corporate E-biz Strategy
- Real Estate Economics
- Venture Capital
- Mergers & Acquisition
- Technology Strategy
- Financial Management
- Case Analysis & Presentation
I’m not going to go into the reasons for taking these courses—everyone has different reasons and needs.
In conclusion, I rock. I also have Fridays off all year and Mondays off during 1st semester (we don’t do quarters in 2nd year). Yay for 4 day weekends!