Saturday, April 12, 2008

End of second term

My second term at HEC ended this week; We had 3 consecutive exams - Economics, Corporate Finance and Strategic Management and each exam tested us thoroughly.

In Economics exam, we had 2 cases apart from the usual MCQs. One of the cases was on LM/IS schedules in which we had to present a complete analysis of the economy which was depicted by those schedules. This made it quite challenging.

Corporate Finance was by far the most difficult exam at HEC. Each of the three sections of our class had a different proffesor and the paper was also different for each section. But after the exam everyone was unianimous in the view that the paper was long and difficult. There were angry protests from some people that the proff did not cover all the topics in depth and the questions required a much thorough understanding of the topic. I partially agree with this opinion but then you shouldn't expect spoon-feeding in a top school.

Strategic Management was a different story altogether. The exam duration was 5 hours!!! Before the exam, most of the people were of the view that 5 hours is too long and one should finish the exam in 3 hours. After the exam, people were complaining that even 5 hours are insufficient to solve a strategy case and submit a report in the form of paper based slides. I guess most of the people (including me) mismanaged their time and 5 hours were definitely enough for the case.

Now that the exams are over, I have some time to relax. Next week is going to be interesting; It is the Visions of Leadership (VoL) week at HEC. VoL is an integral part of the HEC MBA program in which leaders from leading companies are invited to talk about their leadership experiences and challenges. In the next week, we will have sessions by CEOs, a workshop by Mckinsey and a group case where we have to analyze a situation and submit our findings to a leader.

After the VoL week, we have a 10 day break; I am going to Switzerland for 5 days with some classmates. Looking forward to that trip.

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