Friday, August 30, 2013

Happy Friday !!!

Well, in the Managerial Accounting class today, Luis came in to say, "Guys, thank god its ...." and we all shouted "Friday". The Happiest day of the week is finally here.

Today started with Marketing class, the Cialis case was discussed, with a timeline around launch of Cialis, to explore how Cialis should place itself in the market dominated by Viagra. Of course, considering the topic, class was all excited and participation rate was definitely more than average :-)

In the accounting class, Luis did the hotel terminus problem by himself, in the interest of time and then explained us what Activity based costing is. Interesting class on a recently adopted costing method which helps us get more accurate costs, e.g. by avoiding allocation of costs of empty rooms to the ones that are full and so on.

And in the investment analysis class, Luis S. explained how a positive or negative NPV can affect the Market Price of Shares.

After doing some study in the evening and having our dinner together, it is now time to head out for some Birthday drinks for Rachel and Basil. This being the first weekend and also the first party after school re-opened, I could not have declined this invite anyways. Happy Friday to all :-D

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