Sunday, June 15, 2008

Some interesting articles

Found the following articles interesting:

An article in Independent on MBAT

http://www.independent.co.uk/student/postgraduate/mbas-guide/on-your-marks-get-setits-the-mba-tournament-845769.html

Article by David Maister in Consulting Magazine. Some of the points mentioned in this article are really worthwhile

http://www.consultingmag.com/articles/781/1/Advice-to-a-Young-Professional/Advice-to-a-Young-Professional.html

Tuesday, June 10, 2008

Elective Courses

Yesterday, I had exams for two of my electives- "Financial Dimensions of Strategic Decisions" and "Economics and Finance of International Business".
Don't get intimidated by the names - the first course was mainly about Corporate Finance and understanding the non-financial dynamics behind financial decisions. This course, taught by Proff Pascal Quiry, has been among the best courses I have had. In each session, we discussed cases which were mostly based on the proff's experience in advising companies in his illustrious career. What made the class more fun was proff's sense of humor and the concept of "Mr/Ms Summary"; the last person in class had to write the summary of the discussions in class and email it to all participants. This meant there was a sudden last minute rush and people trying to outrun each other to enter the class ;)

The second course, by proff Laurent Jacque was about International Finance and taught us about the dillema faced by MNCs while making international financing decisions. It was a very interesting course, by a very senior and knowledgable proff (he has also written a book on foreign exchange risk management). This course was very demanding - I must have spent atleast 50 hours for this course which is quite high considering that an avg elective course is about 18 hours. But, at the end of it, I would say it was completely worth it.

This is the advantage of being in Sep intake. We have much more choice of electives and some great proffs to learn from. Jan intake, does not get this luxury but they have some other advantages.

Things have been steady on the strategy consulting elective. We have been practising case-cracking regularly and will have mock-interviews with real consultants soon. Am really looking forward to it because that would give me an indication about my current level.

Another development here is that some of my classmates will leave HEC for good this week. They will finish their classes for this term here and will go on exchange programs with other schools in next term. I am really sad at the prospect of not seeing them in future classes. Having spent so much time together, it will be really difficult to watch them leave... But I guess C'est la vie....