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MBA degree

On Thursday I had my very last MBA class. I personally count it as the official end of my MBA program at GWSB. Of course, I still do not have grades for any of my classes, I still have commencement ceremonies and celebrations, and I still will have to wait 6-8 weeks to actually receive my diploma. But all those events are more of ancillary or arbitrary nature – I know that I have passing grades in all my classes, the commencement dates are just arbitrarily picked and tied to the tradition and fit for the University schedule, and arrival of diploma two months later is just an evidence of inefficient bureaucratic processes.

As a matter of fact, true to the traditions of my country of origin, it’s even better to have all those additional extended dates incrementally marking my MBA winding down – more excuses for celebrations and libations ;-) . But the last class is the last class – very real, specific point in time that cannot be negotiated. When professor in Strategy class released us, that was it: The End of MBA.

I was thinking for some “creative” titles for this post to commemorate such a remarkable event that ended a total of almost four years (if I count from the day when I took my TOEFL and started preparation for GMAT) of a very intense period of my life. All I was able to come up with for the title was so cliche and cheesy: “MBA – Mission Accomplished”, “MBA Complete – That’s the End of the World as I know It”, “MBA – Life Reloaded”, etc. You get the picture. :-) I got tired of this nonsense, and this is how I ended up with the title you see.

Even though the last class is the most real mark of the end of the MBA program for me, I do not have the same level of exaltation as I used to have at some other points during my MBA. You can read my post from the last year with some reflections on that matter – Hooray MBA – Summer Break!. I am very excited, but as I mentioned in my previous post, it’s a bittersweet feeling.

On one hand, not having to spend weekends and long nights on the homework is a nice relief, because now I can “have my life back”, as one fellow MBA student put it. On the other hand, there is some sense of a loss of purpose. There is also a sad feeling that I will not have as many opportunities to meet with my classmates, who, as turns out, usually between the second and the third glass of beer and extended conversation, have some great and unique stories to share.

As a wise man said,”it’s not the destination, it’s the journey that counts”. And for me that MBA journey is (almost) over. I would not discount the destination, having the MBA degree,  altogether, because I believe it is just a start for a new journey, and new adventures and experiences. And still this MBA leg of the journey is over. OK, I could go endlessly in this circle of excitement and pity. Enough of that.

Looking forward, I am still planning to be hanging around on this blog for a while. I will probably reflect on the Commencement events, I want to add a couple of posts about my France Study abroad, I am committed to putting up all the remaining write ups for Business School MBA Cases, I will finalize the  Best MBA Textbooks section. So there is no goodby from me yet, even if you already got tired of my MBA ramblings ;-) .

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A couple of months ago I was at the parents meeting at my daughter’s high school. The principal and the staff were sharing information about the graduation activities, deadlines, dues, and such. Among other things there was a mentioning of “senioritis” epidemy that affects most seniors at the high school, and how we as parents should help our kids to fight the “disease”, stay the course, and stick it out in the last few months of school.

When I heard this term – “senioritis” I just could not help but smirked (inside). I kind of remembered my last months both at high school and college, and going through all those symptoms of decreased motivation and effort, difficulty to concentrate, etc. But giving it a pseudo-scientific name seemed to me a little too much. I also thought that by giving it this medical-sounding name, it was, in a way, normalized and justified in the eyes of the affected, as if it were something out of their control, like inadvertently catching a cold or other contagious disease.

I also thought that I had developed resistance to it, much in the same way as you don’t contract chickenpox again, once you have had it once. Little did I know that there is no resistance build up for this condition.

On the first day of classes of my second Spring module, and final MBA module for me, I met one of my classmates sitting on the porch in front of the Business School entrance. He looked, and talked, and otherwise acted in a very relaxed, laid-back, nonchalant way. He informed me right away how many days are left to the end of the school – he is also graduating in May like myself.

This was when I saw the first signs of this particular MBA strain of senioritis disease creeping on the campus of GWSB. In the following couple of weeks I noticed that I have developed some of the symptoms as well. I still have three more weeks of classes to go and quite a few deliverables to complete. But the whole attitude has changed – I am no longer as much concerned about the difference between a ‘B’ and an ‘A’ in any of the classes, as I used to be. I will do my nominal work to get by, but would rather not put an extra effort. As I mentioned someplace before in the blog, they call it a B-School for a reason.

And now that senioritis is legitimized through getting this pseudo-medical name, I can blame it on the epidemy, – not my fault, just happened to contract it from another sick graduate ;-) By the way, lack of motivation to post on this blog is yet another symptom of the disease.

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Written by Angela Wolf, GWSB MBA alumna 2010

I had the pleasure of taking several GW MBA classes with Vitali throughout 2009 and 2010. And I was happy to see him in a lounge in the MBA building between classes one day in December 2010, completely out of the blue. I hadn’t seen him for a while, and he asked how things are going and how much longer I had before graduating.

Graduation was top of mind at the time because I had a week left and only a couple more finals standing in my way. When I told him about my week countdown, he was very surprised, I could tell. Then I explained how I did it. If you’re wondering, yes, I am the girl he spoke to in the December 2010 post “Part-time MBA – Turbocharged!”  The following is the story of how I chose GW’s part-time MBA program and how (and why) I did it in 16 months.

I’d known for about 5 years before starting at GW that I wanted to get my MBA. In fact, I took the GMAT 3 years before applying. It was always one of those things I wanted to do but never pushed myself to actually start the application process.

The year I decided to apply was possibly the worst year I could have chosen- the year after the economic collapse when there were ten times as many unemployed candidates applying for MBAs. Back then it was very frustrating, but looking back I know it all happened the way it did for a reason.

I had been living in DC for almost 4 years, and I was more than ready to move. I was burnt out at work and not happy in the dating department (if you know DC, you know that’s not uncommon for a single 20-something female). All I wanted to do was quit my job, move to a different city, and get a full-time MBA at the top-tier school. But things didn’t line up the way I’d always planned, and I’m actually happy they didn’t.

At the time my sister was already a year into her part-time term at Kellogg, and half of her classmates had lost their jobs. I realized I should hold on to mine as long as possible. So, part-time programs became my focus, and I knew I had to make it quick if I was going to do it with a job I wasn’t happy with and a city I wanted to leave.

Given my situation, I had two choices, George Washington and Georgetown. The reason I chose GW over G-town was two-fold. For starters, Georgetown didn’t give merit scholarships to part-timers. 1 point for GW. Georgetown also had a rigid 3-year program with very little flexibility, whereas GW had options for taking international residencies worth 9 credits, online courses, doubling up on courseloads if you wanted, etc. My goal was to finish in 2 years (all I thought I could handle at my job), and Georgetown couldn’t offer that. Point 2 for GW, and that’s the game.

Now don’t get me wrong, I had several good friends and a roommate who went to Georgetown and loved it. It’s a great program; it just didn’t fit my biggest need: flexibility. I had also heard some great things about the professors at GW, which turned out to be true in most cases. In the end, I may not have gotten the very best school name on my diploma (although I am very proud to have gone to GW), but I am 100% happy with the education I received and the opportunities afforded to me throughout my time at GW.

I started the program expecting to maintain a rigid focus to study as much as possible and finish quickly. I didn’t expect to have much of a social life, but I was happy to find some very cool classmates that enjoyed forming study groups and going out after class. In the end, while I had to sacrifice a lot of my social life, I still had a great time with GW and non-GW friends, which is a balance I learned is critical to maintain if you want to keep your sanity throughout the program.

I also had a really good advisor who helped me figure out what courses I needed to take to finish in 24 months. And if you’re wondering, one of reasons I was able to finish in such a short time was the job I had at the time.

At the time, I sold medical equipment to physicians, hospitals, and long-term care facilities. Although I drove throughout a five-state radius throughout the day, I took time to read chapters and complete assignments between calls. I soon learned how to organize my days to be efficient in selling and offer at least an hour or two for studying. I also worked from home sometimes on Fridays, which really gave me a lot of flexibility. Looking back, if I would have had the office job I have today (where I am tied to a desk 10-18 hours a day and don’t even have time to go to lunch), I would never have been able to finish in two years.

One of the things I knew I wanted to do while at GW was to take advantage of at least one of the really cool international residencies that I’d heard about during my pre-application research.

Just two months into my time at GW, I applied for an international marketing residency in Dubai during the two weeks between the fall and spring ”semesters.” Because I was a marketing undergrad and had worked in marketing off and on during the 6 years since college, I was able to test out of the marketing pre-req’s for the international marketing residency. That meant I could earn 6 credits between the first and second semesters at GW, and by the end of spring 2010, I was more than halfway done with my course load.

I took a TON of classes in the summer, and I mean a ton. I think it was something like 12 or 15 credits. I was constantly stressed, but I did manage to get out a couple times a week. I also took a Chile/Argentina international residency in the fall of 2010, which helped accelerate my program faster than I’d expected and allowed me to graduate in December 2010 after only 16 months. That’s how I did it.

Speed is certainly not the most important goal of an MBA program, but it was one of my priorities given the situation I was in. Did I sacrifice any of my MBA experience by cutting it short? Yes, I probably did. But, I still managed to meet a lot of incredible people who helped me really enjoy DC during my last year and half, and I still keep in touch with most of them today even though I now live in Chicago.

Continued:-Part-time MBA in 16 Months – 5 Lessons Learned.

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Written by Brian Fitzgerald, VP of Digital Strategy at O’Rourke Hospitality

In late 2007, early 2008 I started to prepare to go back to school and get my MBA in the Washington DC area. I researched the various schools, weighed my pros and cons and took the GMAT. When all was said and done I was deciding between the part-time program at Maryland’s Robert H. Smith School of Business and The George Washington University School of Business. I ultimately chose George Washington partly because, at the time, it was less credit hours (and therefore less expensive) but more importantly I felt that it was more flexible and less rigid than the cohort approach at Maryland. In September of 2008 I began my journey.

When I started at GWU I was working for a small Internet marketing agency in Chevy Chase, MD. The two owners of the company both had their MBAs and so I had some assumptions about the value they might place on an individual that also had an MBA, but prior to my beginning there was never any discussion or direct evidence that it would lead to more responsibilities, salary, etc. In February of 2010, about 18 months into the MBA program, I got a promotion at work to take on additional responsibilities. I’d like to say this promotion was related to my MBA studies, but it wasn’t, it was because I proactively asked for the additional responsibilities, hounded the owners about it and they somewhat begrudgingly gave it to me. Yes, it was a strange situation but I was happy to have more responsibilities.

Right around this same time our small company had been acquired by a much larger, publically traded company. Soon the two owners were out and a new President from the parent company was in charge of the day-to-day operations. For about a year I had the opportunity to work closely with the new President and he was very open to hearing about my work experiences and MBA studies. I could tell that he liked that I was taking the initiative to go to school part-time and I could tell that he saw value in an MBA.

After that first year with the new President he promoted me to be part of the 6 member executive team, taking on a larger department of people and responsible for helping creating the strategy for the company. This promotion happened right around May of 2011, right when I was finishing my MBA program. I have since left that company in DC and moved back to my hometown of Boston where I’m working for a small marketing agency called O’Rourke Hospitality Marketing. My job is working directly with the two owners to grow a new business unit from the ground up.

All in all I completed my part-time MBA in under three years, secured a 3.7 GPA, all while working 50+ hours a week. As I look back on it those were actually some pretty miserable years. I say that partially joking, but partially serious. I was very stressed, relatively unhealthy and didn’t have time for many of the things I would typically enjoy. However, I’m glad that I did it and think that I proved a lot to myself in the process.

For what it’s worth, because I know sometimes people ask about the ROI of investing in an MBA, between when I started the MBA in September of 2008 and now (January 2012) my base salary has increased 58%. I really couldn’t say if that is average or above/below average, but I’m very happy with it.

Going into my decision to get my MBA I never really had expectations for the short-term, it was always more of a long-term strategy for later on in my career. I knew that it was something that I would probably need later to progress but something that I needed to do before my wife and I started to have a family. However, in retrospect I think it did help me get promoted at my job in DC and I think it positioned me very well for the job and responsibilities that I have now.

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Spring Term – Final Push to MBA Degree

January 18, 2012

This is the beginning of the final term in my quest for the MBA degree. And it is arguably going to be the most intense in terms of the study load. Up until now throughout my part-time MBA program at George Washington University School of Business I have had 7.5 credits in each of my [...]

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MBA Winter Break Accomplishments

January 16, 2012

While the winter break in business schools around the world brought about a significant dip in traffic to my blog since mid-December, for me personally it was a very productive period in my MBA blogging. I mostly kept my promise to keep up with regular updates to this site and in the process I was [...]

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MBA Bubble to Burst?

January 11, 2012

The subtitle for this post could probably be How to manage your risks if MBA bubble to burst? There is no question in my mind that the MBA degree and MBA education have been going through the significant changes in the last decade or so. The question I actually have is, are those changes just [...]

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Cover Your Butt – Prepare Your BATNA

December 30, 2011

In my past post I was reflecting on the importance of knowing your BATNA (Best Alternative to Negotiated Agreement) based on the car sale negotiation. The emphasis there was on remembering your BATNA in the process of negotiation. However, there was another negotiation case in my Conflict Management and Negotiations class at GWU School of [...]

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Negotiation Conflict and Interdependency – After Us, the Flood?

December 28, 2011

This saying was in the lecture slide for my Conflict Management and Negotiations class at GWSB MBA on the topic of inter-dependencies in the negotiations:  Leave a good name in case you return (Kenyan Folk Saying). When I read it I recalled a couple of other sayings which are similar, but have a bit different [...]

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Conflict Management and Negotiations Styles

December 21, 2011

In my Conflict Management and Negotiation class in MBA program at GWSB this past Fall term one of the assignments (graded, too) was to keep a Self-reflection journal throughout the course. To quote the syllabus:  ” Participants should focus on how course lectures, discussions, self-assessments, exercises and assignments inform their personal and professional lives.  That [...]

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Negotiation Simulation Role Playing – More Play, Less Role

November 20, 2011

This week in my part-time MBA class on Conflict Management and Negotiations we had an in-class presentations for the group negotiation simulation based on Ridgecrest School Dispute case. Essentially, the case is based on the dispute between the Board of Education and the Teachers Association (the teachers union) about the ways of closing the budget [...]

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Part-time MBA Blog – Two Year Anniversary

October 15, 2011

Another milestone in my blogging experience. Don’t have too much time to reflect on this now, but if you are interested in some background information on how this blog came to be, you can read the post I had a year ago on One Year Anniversary of this blog. I would still like to share [...]

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Taking Care of Business – MBA Russian Way

October 11, 2011

Just stumbled upon an interesting article in Economist – School of the dark arts. It is about, if not the best, at least the most touted, Russian business school – Moscow School of Management SKOLKOVO. The school has been known since its founding in 2006 as a pet project of the Russian government and the [...]

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Risk Is Not a Dirty Word in Project Management

October 6, 2011

This first module of the Fall term at GWU School of business I am taking class on Risk Management for Projects. I am taking this class as a follow up to the one I took last Spring term – Introduction to Project Management. One thing I was surprised to learn in the Risk Management class [...]

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Competing on Analytics vs Intuitive Courage

September 29, 2011

I mentioned in an earlier post that I am taking a “Database and Web Analytics” elective class this first module of the fall term at GWSB MBA program. The required reading for this class is Competing on Analytics: The New Science of Winning – not exactly a textbook, but rather – a high view of [...]

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Why George Washington University School of Business?

September 27, 2011

The Businessweek online has recently placed a video interview with the dean of the George Washington University School of Business – Doug Guthrie,  who answers this question. The highlights of the GWU Business School approach to business education, as per dean’s interview, are the corporate social responsibility, sustainability, ethics and global perspective. These core elements [...]

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Happy New MBA Year!

August 29, 2011

Today is the first day of my last year of part-time MBA program at GW School of Business (GWSB). Summer break, vacation are all history, and I did not even manage to put a short report on my Cancun vacation ;-( . Now it’s not likely I will have time for that. But before I [...]

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Debt Ceiling Deal – MBAs Affected

August 2, 2011

Just read in the news that as a part of the debt ceiling deal the Congress is getting away with the subsidized portion of Stafford loans for graduate students, which of course includes all MBAs. It means that the interest will be accruing on the total amount of the student loan while you are still [...]

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Soda Tax and Public Policy – MBA Perspective

July 31, 2011

A year ago in summer term 2010 at George Washington University School of Business I took a class on Business and Public Policy. It was an interesting exercise and I learned a lot about the tensions between the public interests and private corporate agendas, lobbying, and public relations. I have published earlier two of the individual cases I [...]

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Smarter Phone for MBA Student

July 22, 2011

Updated on July25, 2011. Though I was able to post a basic post including images using the WordPress for Android application on my smart phone, I still needed to do some fine-tuning of the post from the regular WP interface. Also, I posted a follow up post on the weaknesses of my smart phone. In [...]

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Hooray MBA – Summer Break!

June 26, 2011

It has been a long time since my last post, but it could have been expected that I would hardly have much time to attend to the blog. Two classes, six weeks, group cases and projects = no slack time. But it is all over now. I have been officially on a summer break from [...]

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Part-time MBA on a Full-time Leave of Absence

April 12, 2011

Leave of absence from the blog, that is. It has been over four months now since my last update on the blog . Even my summer break last year did not take me away from posting on my site for that long. There has been a lot going on, so I kind of slipped back quite [...]

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Part-time MBA – Turbocharged!

December 3, 2010

This week I ran into one of my classmates in the study area before the class. I have not seen her around since the summer term, so we chatted a bit to catch up on what’s going on in our MBA studies. I remembered that we started the program at GW at the same time [...]

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Beat the GMAT Practice Questions Premium Access Winners

November 29, 2010

Four weeks ago I published a post about my Deja Vu experience with GMAT. There I wrote a short review of the new GMAT practice questions from Beat the GMAT (BTG). I am not going to re-count my experience with those questions again here. If interested you can read the complete review here. In that post I announced an [...]

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Swamped with MBA Assignments

November 9, 2010

Update 5/7/2011. I have published a business case analysis for Ellen Moore (A): Living and Working in Korea. This week is going to be really brutal. I will have to pay for a little relaxation I had over the past weekend. I had some family and friends time and did not have enough time to [...]

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Online Electives in Part-time MBA at GWU

November 4, 2010

Update on introduction of online classes for Spring 2011 term at GWU part-time MBA. A couple weeks ago I received invitation from part-time MBA office at GW University to fill out a short survey. The questions were around the topic of offering some electives online. Basically, they were trying to gauge what portion of the electives the students would be willing [...]

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MBA Joke – FedEx Commercial

September 16, 2010

I know that everyone who watches TV has already seen this FedEx MBA commercial long ago. But I hardly watch any TV, which has been especially true ever since I started my part-time MBA program at GWU a year ago. I found this video (dated ~ 2005-06) on YouTube incidentally just recently and I think it’s a great addition to my favorite [...]

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My Favorite MBA Jokes

January 28, 2010

Some people would argue that MBA students and MBA degree holders think to much of themselves. It might as well be true, I don’t know for sure   But I heard some time ago that one of the distinct human traits is being able to poke fun at yourself. It kinda stuck in my head, alas I don’t [...]

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Part-time MBA Workload and Homework Satisfaction

January 26, 2010

This week I am feeling quite satisfied with my preparation for classes. This is actually first time in this Spring module that I was able to study and work through most of the material assigned to homework. The keyword here is most. The important part of the MBA experience is to work under pressure and prioritize. [...]

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Spring Term Part-time MBA at GWU – Week 2

January 21, 2010

Finished the second week of classes in my first module of Spring Term. The intensity is picking up just a little bit, but so far very manageable. It’s probably going to change this weekend when I will have work on two major projects: I am planning to work on my section for Risk Analysis Group Paper [...]

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Global Perspectives Risk Analysis Paper

January 19, 2010

On Tuesday we had a group meeting to discuss the general approach and outline for our course group paper in Global Perspectives class. It was suggested to meet at one of the bar lounges on the campus, so our almost 2-hour meeting was over pizza and beer. Very inducive environment for discussing any business issues, including [...]

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Part-time MBA at GWSB – Spring Term First Week Summary

January 15, 2010

The first week of classes in my Spring Term at GWSB is over. Now I have to concentrate on the homework assignments which are quite intense. Good that I have Monday off to spend more time on reading and solving cases for classes. A short summary of the week. I am very pleased with both [...]

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Global Perspectives – First Day of Classes at Part-time MBA Spring Term

January 13, 2010

On Wednesday I had my first class in the Spring Term – Global Perspectives. I enjoyed the class and got very favorable impression of the professor. He has been teaching in the International Business Department for a long time and still has not lost interest in teaching the subject. The subject itself is very interesting [...]

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Is MBA Losing its Appeal?

January 7, 2010

MBA degree, inspite of all ups and downs in public perception and acceptance from the time of its inception, have nevertheless managed to keep the status of a highly desirable and prestigious professional designation. The desirability of MBA has been mainly connected to the career and income growth opportunity. Those opportunities were mostly determined by [...]

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Part-time MBA Classes Selection for Spring Term

January 5, 2010

This past weekend I finalized my classes for the Spring term. In this seemingly simple decision there are a few caveats I was not aware of when I was choosing my classes for the Fall term, and was still learning during this registration period. In summer I just picked whatever classes did not have other prerequisites [...]

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