Friday, October 18, 2013

New term, new teachers, new classes - yet connection with old one remains :-)

So, today began our term three and it began in its full swing, right from day one - three classes of Talent Management, Corporate Finance and Supply Chain Management with an hour in between for group work.
And as the subject line suggests, we have three new professors for these three new classes, yet each of them builds on a class we have already studied before.
Is Talent management same as OB? No, but a part of it does build on OB, not to mention Supply Chain Management is an extension of Operations Management course and Corporate finance will need knowledge of WACC and NPV and excel models. And these are not things, which I am assuming or guessing, these are the things, which we have been told about in our classes today.

Speaking of assumptions, let me start with the Corporate Finance class. I must say we have been lucky to get really good professors for Finance related subjects so far, and term three maintained this winning streak. Carlos Bellon is our Professor for Corporate finance and he is an interesting fellow. With experience in Investment banking, and current pursuit of research, Carlos also has his unique way of convincing others and getting his point across. Today, he gave examples of a shirt problem and his conversation about this problem with his mother, and by the end his example ended, we already knew what he is talking about. Its good to innovate, but there is a learning cost involved; and its good to know how things are done, but its also needed to ask 'WHY' and not just rely on 'because that's how it is done'. I am penalize any statement which says "That is an assumption" was his declaration in the class. If something is on paper, it must have a valid reason.

His slides were full of many examples and characters from TV shows to movies to his family and through them all, he conveyed the message of what this course is going to be all about, what we need to do, what we can expect and what benefits this course will provide us. And yes, he makes "Investment Banker Jokes" in his class :-)
There is a new seating arrangement in his class, where we sit as per our level of understanding of finance prior to the MBA, so that he can interact with the gradient accordingly.
I know there is going to be a lot of work and assignments and number crunching and decision making and modeling stuff for this class, and I am already excited about it.

By the way, the day started with Talent management class and our professor Monika Hamori was quick enough to clarify that this is not an OB class. This class may build on people interactions we learned in OB, but it is a different stream altogether. I found her quite enthusiastic about her teaching and she maintained class participation well by giving chance to new people to speak and at the same time asking people about examples they have seen or experienced in their own past. Looking forward to get insights into that ever eluding stream of HR - who knows when these internal details will help us in our jobs :-)

Our group meeting was fairly informal, no housekeeping and ground rules like the last time although we did prepare a common excel with required deliverables and deadlines for the group.

Supply Chain Management is yet another interesting class that started today. Although a short class of 10 sessions, the syllabus covers a lot of aspects and Daniel Corsten, our professor for Supply Chain management explained us the overall structuring of syllabus today. He also provided us an outline for group work. Before that, he made good use of the class time to explain what supply chain management is all about and why should we as future managers learn it. When discussing these aspects, he asked us examples we could site of various components he discussed and also examples when failure to manage these components or having knowledge of them has created problems.
Considering the diverse group that we are, many people came up with many different examples, and I am quite impressed that Daniel knew most of them. In fact he actually rejected a couple of them, explaining what happened in those cases and how it was not relevant, and gave some more information about many examples to show how they fit the topic under discussion. This is going to be an interesting class as well.

In a nutshell, the first impression of this term has been great !!

In the evening, I had meeting with Prof. Alvaro and Manan for fellowship related work, and we discussed our way ahead on our paper submitted for one of the upcoming conference.

And then, the EM grade was out. I am not really happy with it, but at this point it doesn't matter anyways - the grade is out already. Went to see a movie to get rid off thoughts about this grade and am writing this post at late hour tonight. Good Night readers. Happy Weekend :-)


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