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MBA exam

On Wednesday I got done with the first module of the Fall term at GWSB part-time MBA program . In the last week I was scraping up to finalize two group project papers, two final in-class group presentations and a final exam  administered online. It was very taxing period, to say the least. I spent more nights writing well after midnight than I am willing to admit ;-) . Now it’s over and I am getting a little breather before the start of the second module.

I will have to do some semi-leisurely reading for my Macroeconomics class that I start next Thursday for the second module. I also have some negotiation simulation to prepare and conduct for my ongoing Conflict Management and Negotiations  class that is due in two weeks, but I will consider it as a mini semi-vacation after the pressures of the last week.

Even though the past week was quite exhausting, I could not help but remember my emotions at the end of the first module of my first year in the part-time MBA program at GW School of Business. At that time I was seriously concerned about the grade I was going to receive for my Financial Accounting I class. And even an opportunity to watch a movie on TV after almost two months of “abstinence” seemed like a luxurious treat. I am more confident in my grades now than then, and I am not as hungry for movies, as I actually has watched a few of them during the half-term. I will probably still go to the movies with the family over the weekend.

As for “relaxing” activity tonight, I chose to watch “Final Offer recommended by our professor in Conflict Management and Negotiations class. If you are interested in the subject of business negotiations, and specifically union negotiations, I also recommend this documentary on negotiations between Canadian chapter of UAW and GM in 1984. It is actually quite appropriate time for watching the film since in the past couple of months there have been negotiations going on between the UAW and the “big three” for the next three years contract. Some of those negotiations are closed already, but some are still going on. Anyways, to get a behind the scenes scoop on how those negotiations done, you can watch Final Offer online. Quite and interesting account of real negotiations.

 

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On Monday I had my final exam in Business Law and Communications.  My final presentation in Introduction to Project Management class took place two weeks ago. With that I am done with my classes in GW part-time MBA Spring Term. I feel free and relieved … for the next two weeks. Then my two classes for Summer Term will start. Just like last year, emotionally I don’t feel that my whole second year MBA is over yet. Not until I am done with my summer classes and have a full summer break, including vacation. One more note on my Introduction to Project Management class. Today we got our grade for the final group presentation and analysis paper. Our group got 294 out of 300 possible points. Not too shabby :-) . Still have to wait for the grade in Business Law.


The relief I am feeling now about the end of the MBA Spring Term   is not quite the euphoria I had last year. Over the second year of part-time MBA I became more confident, if not complacent. Not that I lost interest in my classes, but the school became more routine. The first year I was adapting to the learning routine in general, struggling with core quantative courses in particular, and learning to cope, if not overcome quant anxiety. By the middle of the second year I sort of got a better grasp of the situation.  It was also helpful that I have not had heavy quantitative courses after the Fall term of the second year MBA. For now  I have only two quantitative classes left from the core MBA curriculum: Macroeconomics, and Operations Strategy, even though I heard the Operations class is not too heavy on quants.

Speaking about quants, anxiety and poets in MBA programs. I am planning a post on pre-MBA summer reading list specifically for poets entering MBA. I have had my share of struggle with the quantitative MBA classes, and over the last two years found a few books which I wish I had read before my first year quantitative classes started. I stumbled on them already after I had classes related to the books. I read, skimmed or referenced them and found them quite helpful. If I read them before starting the business school, I would not have to spend so much time trying to get the basics and foundations from dryly written graduate textbooks. I hope to have the list published in the next couple of weeks, so poets – stay tuned.

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As the second module started this week, I had my class in Financial Management, which is the continuation of the Financial Markets class I had in the first fall Module at GW MBA. The same professor is teaching this class as the previous one, so we were given our final exam papers back to review. I had a very pleasant shock: I got 100 points out of 100! There were some minor arithmetic miscalculations, but conceptually I got right all the questions, apparently even the one I did not have a clear idea about.

But there was something even more amazing about that grade than the pure satisfaction of getting the exam right. Over this summer I read three of Malcolm Gladwell’s books: Outliers, Tipping Point and Blink: The Power of Thinking Without Thinking. In Blink there were some very interesting issues discussed on how our subliminal interferes and plays tricks on our consciousness, perception, behavior. One of those phenomena was the role of priming, when seemingly indirect or weak stimuli may have profound and lasting impact on our conscious  behavior. The classic experiment involving priming is when the subjects were given a seemingly random list of words to read that included the words such as: retirement, Florida, old and the likes. After reading the list the subjects’ speech and even walk immediately after was slower, their posture was slouchy – all the visual signs of elderly people. The control group that was given neutral list of words were not exhibiting the same signs.


Another example was concerned with the stereotype threat. The gist of that experiment is that some minority groups may perform worse on IQ-type tests because of the stigma, or a stereotype, of intellectual inferiority associated with that group. If the members of the group were unaware of the stereotype or they knew that the stereotype was wrong, then they would perform better.  A sort of self-fulfilled prophesy.

So you wonder what this has to do with my final exam grade in Financial Markets. If you read some of my previous posts, you might have noticed my occasional “rants” about quantitative courses, left-brainers and such. Generally, math is not my strongest skill. Or so I have been conditioned to think of myself and primed my self-perception accordingly. That’s why I sometimes had anxiety attacks related to the quantitative courses exams and quizes in my MBA program.
However, when I got my exam paper at the beginning of the class, I noticed during the class that it was quite easy for me to grasp the ideas and concepts presented by the professor. This is not always the case in my quants classes. But even more striking contrast was that one of my classmates got a very low grade on the exam as I could construe from the comments and general demeanour. The classmate was noticeably upset, and was asking questions about the class material that I would not normally expect that person to ask. I mean the questions were about things relatively simple.
That was quite a poweful reminder about the often neglected power of the subconscious. I think I should have made a copy of that front page of the final paper with the grade and look at it each time to get a confidence (and intelligence) boost when I study for quantitative MBA classes ;-)

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A week ago on Wednesday I encountered a somewhat new format for the final exam in my MBA pursuit. Usually, if it was not multiple choice, the exams  had a requirement to write a short answer.  If it was  a longer narrative required, then it was usually done through the final research paper or a case write up done at home. I kind of got familiar and used to these distinctions in final exams formats.

However on my final exam in Managing Human Capital course it was quite a bit different. We had two mini cases, one on recruitment and candidate selection, the other on employees’ compensation. Each case had two questions. Professor gave us the printout of the cases with questions,  and a notebook. That notebook part was intriguing to me. I have not had those before in any of my MBA exams in the past. The notebook had probably 16-20 pages. We were told to write our answers to the questions in them.


I read both cases upfront just to size up the task and pace myself for the assignment, and then got down to writing the exam. After two or three pages answering the first question, and it was not done yet, I just realized that professor did not tell us how long should be the answers. Usually for any kind of at home  written assignment we were given some space guidance/constraints. For example, write a short research paper ten pages double spaced. So I came to professor to ask how long the answers should be. She shrugged her shoulders and whispered back it could be whatever length. 

That was not much of an answer to my question. So I got back and continued to work on the answers. The first sign that something was  “wrong” came when I saw the first student turn her paper in and leave the class. I just hardly started with the second question of the first case at that point! I realized that probably my answers are too long. Still I decided that since we are given two and a half hours and a whole notebook, I probably would try to use most of it.

From that point I tried to make sure my answers were bit less verbose. By the time I got to the second case about one third of the class had already turned their papers in. All in all I took a bit over two hours to write the exam. By the time I was done there were just about 5-7 people out of 50 still writing their responses.

After I turned in my exam to professor I had some questions in regards to assignments and grading during the course. She stepped out from the class with me to answer the questions. After clearing my concerns, I asked her again what was the expectation for the length of the answers on the exam. She told me something I did not know. Turned out this format for written exams, when you are given the questions and time constraints without any limit on the actual answer is a common practice in law schools. You can write as much or as little as you deem necessary within the given time. What did I know, I have not been to a law school! ;-) I think this format would do very well with students from China, when they write “everything that crosses their mind”, as I learned from my group mates from China  in Managerial Accounting study group earlier this term.

Ultimately I think it was better to write more rather than less anyways. So this was my mini introduction to the law school exam routine. Interesting stuff indeed. Needless to say, my hand was aching after two hours of straight writing. I just hope that I got the answers right too, and the pain was worth it :-) .

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Data Analysis Mid-Term Exam

April 5, 2010

Nothing too exciting happenned at the exam. The format was open book, open notes. Needless to say that even with this format I felt a brain-freeze, as oftentimes the case in my quantitative classes. Will see how I fared on the forced grading curve. The stuff covered in the exam was all the material we have [...]

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Spring Term Module 1 Grades In

March 22, 2010

On Monday I finally got my grades for Global Perspectives. The Managerial Accounting grade came within a couple of days after the final exam. I waited to get both grades before posting on that. Both grades came as a surprise to me: a pleasant one and somewhat disappointing, even though I got straight B’s in both classes. [...]

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Celebrating End of First Module of Spring Term at GWSB Professional MBA

March 7, 2010

It just happenned that way that both our kids had sleepover arrangements out of house on Saturday night. Not a very common occasion in our family. So I decided to make some fringe benefits from this coincidence: to have a night out with my wife. Regular a la carte menu for such occasions for us (not that we [...]

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Global Perspectives Final Exam – Done

March 6, 2010

Yesterday I had my last final exam in module one of the Spring Term at GWSB – Global Perspectives. Overall exam was not very difficult, especially given its open book, notes, internet access format. There was only one question I somehow had missed during the course regarding “foreignness liability”. Thanks to internet access I was [...]

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Managerial Accounting Final Exam-Done!

March 4, 2010

I had a major blunder with my final on Managerial Accounting. I knew in advance that the case for exam will be posted on Blackboard a day before. But with all this cramming for the exam proper it absolutely evaded my mind. It was like a blind spot. I felt pretty good before the final [...]

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MBA Exams Session – Funny Side

March 2, 2010

Bookmark this on Delicious I have been reviewing the material for Global Perspectives final exam on Wednesday (tomorrow), when I incidentally found out that the final is actually on Friday. I was not planning to post anything until after my both exams, but now as I am getting a little breather, I decided to place these [...]

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American, Chinese, Russian Examination Practices

February 28, 2010

Bookmark this on Delicious Yesterday at the Managerial Accounting study group we drifted at some point on the subject of how the exam methods are different in various countries. This discussion was prompted by a comment from one of our group members from China. We all found the pecularities of examination modes at college/university level, and [...]

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Managerial Accounting Study Group – Prepping for Final Exam

February 27, 2010

Today we had our study group to review and discuss example exam for Managerial Accounting. We were in the meeting for almost 4 hours. First we went very briefly over all the cases we had prepared during the course. This review was very cursory, just to highlight the underlying concepts. We did not delve into actual [...]

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Managerial Accounting Final Exam Cramming

February 26, 2010
man in anxiety

Today I looked for the first time at the example final exam in the course pack. It really got me anxious. I got the same “numbers anxiety” I had before both of my Financial Accounting exams in the Fall term. All the concepts that are covered in the exam are pretty much familiar and related [...]

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GWSB MBA Spring Term Module 1 Classes Are Over

February 25, 2010

Today was the last day of classes in the first module of the Spring Term for me. Next week we have finals. For me it is Global Perspectives and Managerial Accounting. I have a false sense of confidence about Global Perspectives, mainly because it’s an open notes, books, everything exam. As for Managerial Accounting – [...]

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Part-time MBA Students Horror Stories at GWSB

February 24, 2010

Today after the Global Perspectives class I saw in the hallway three of my groupmates who I work with on the Political Risk Analysis paper. From a distance I noticed they had quite an involved conversation. Naturally, I assumed they were discussing our paper, so I joined them. Turned out they were not concerned with [...]

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Open Book Exams at GWSB part-time MBA

February 3, 2010

Today I read an article about technical means of fighting hi-tech and low-tech cheats at exams in universities. One of the conclusions of the author was to allow wider use of open book/open notes exams. This article evoked some of my personal thoughts on the subject. At the time and place where I was doing my undegraduate degree the very [...]

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Part-time MBA Fall Term Graded

December 23, 2009

Today I received my last grades for the second half term in fall semester. This makes it closed both officially and emotionally  I am happy that I made it through. My GPA is actually still over 3, inspite of my little snafu with Financial Accounting-II. Hurray and on into the winter break and celebration time! I mentioned [...]

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Part-time MBA on Winter Break!

December 17, 2009

On Thursday I had my last class in Fall term. My part-time MBA first term is officially over. In Business Ethics class we turned in our final research papers. Professor said he will get to grading them next day, so he hoped we will have our grades within a week. I also got my grade [...]

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Fall Term Is Over, Almost

December 16, 2009

My first term in Professional MBA program at GWSB is just one day shy of conclusion. I am back from my final exam on Financial Accounting-II. This time I was not nearly as depressed as after my Fin. Accounting-I in the first half-term. It does not mean that I necessarily did any better than that [...]

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Decision Making Final Exam – This Time Final for Real

December 14, 2009

The full name of this course in our MBA program is Judgement/Uncertainty&Decisions. During the exam the main descriptive of my state was “Uncertainty”. Out of this uncertainty was the necessity to make some decisions, based on a limited judgement. At least the torture was limited to just two hours. Some problems were related to the stuff [...]

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Decision Making Final

December 13, 2009

Today I spent half of the day reviewing material for the take home part of the final on Decision Making. It was excruciating. After 5 PM I decided that there is no point to try to catch all the pieces of the course. So I downloaded the exam and just worked on the problems. It [...]

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Finals Are Coming, Parties Too

December 11, 2009

Yesterday was the last official class of scheduled sessions in my first semester of part-time MBA program. However, since our class in Business Ethics fell on Thanksgiving we are going to have a makeup next Thursday. But it is mostly irrelevant. Our final research paper is due at next class. This is probably the only reason I [...]

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Financial Accounting Jeopardy

December 10, 2009

Yesterday we had our final class in Financial Accounting-II before the exam. This was probably the first time I was not depressed after the class, because I was actually able to rather adequately follow the lecture. Professor gave us handouts for exam preparation and announced the materials available on the Blackboard in order to do [...]

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Girding Up for MBA Term Finals

December 8, 2009

Now is the final week of classes for this half-term. Yesterday I had my last class before the exam for Decision Making. Professor has announced the format of the final. It will be a combination of in-class and take home assignments that need to be submitted online. This time instead of 24-hours window for submission, [...]

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Financial Accounting Double Mixer

December 3, 2009

Yesterday I got a news on my final grade in Financial Accounting-I, finally. I got a “B” and was extremely happy about that. I had been really concerned about a possibility of just barely passing it. It is a good news, as it means that I am legitimately continuing with my part-time MBA program.  Obviously, [...]

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Decision Making Mid-term Results

December 1, 2009

On Monday we received our mid-term papers for the exam we took last week. The answers had been actually posted a few day earlier, so I had general idea where I was standinng. Nevertheless I was waiting eagerly as I saw some of my solutions to more complicated problems were conceptually correct, but had some [...]

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MBA Recess

November 27, 2009

When instructor in Financial Accounting II told us at the very first session that we would not have a class on Wednesday before Thanksgiving, and we would have to learn material for that week on our own, I felt a bit dissappointed. First, because for me personally the face time in the classroom is very [...]

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Mid -Term Decision Making Exam-Done!

November 22, 2009

Today I took my first exam in this half-term. As I said earlier in my posts it had to be downloaded from the Blackboard and after completion submitted to the instructor via Blackboard too. Most of my instructors in MBA program use the Blackboard quite extensively. Of course, no one uses even half of the features [...]

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Normal Distribution, Financial Accounting And the Aha Moment

November 21, 2009

I just got the aha moment, and since it’s too late at night to share my joy with anybody at home (everyone is fast asleep for quite a while now), I will spill my joy in this blog. There are two events that lead to the moment. Chronologically the first one was on Wednesday, when [...]

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Mid-Term on Decision Making

November 17, 2009

Just as I was about to slide in complacency about final exams being in a not-so-immediate future, I realized today that I have a mid-term exam on Judgment, Uncertainty and Decision Making due by the end of this coming Sunday. The exam is being administered via Blackboard, so it can be done “from the comfort [...]

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Laptop Selection and Microeconomics Final Grade

October 24, 2009

Today, since I did not have homework to do, I felt more relaxed and stopped by at the “Best Buy” to look at the available laptops. So far, I have not had my personal laptop, but I already anticipate that a laptop becomes more of a need, than just convenience with my progressing MBA studies. [...]

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Half Term is Over. Long live MBA!

October 22, 2009

I would like to start by saying that I have been enjoying my MBA experience so far. It has been challenging, but this is exactly what I like about it. If you try to keep status quo in your life and career, you inevitably slide back and loose the ground. I want to move forward, [...]

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Prep for Financial Accounting Final

October 21, 2009

Took my final on Microeconomics tonight. It was not really very difficult. Total of 18 questions, ten of which were multiple choice, and eight – short answer questions.  Even though it did not seem to be very difficult, it took me more time than anyone else in the group to finish it. I was the [...]

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Prep for Microeconomics Final

October 20, 2009

Spent the evening going again through the problems we solved in class and in homework. Microeconomics seems to me more intuitive than Financial Accounting. But still it’s a lot of formulas with just relatively few variables in too many different combinations, like P, Q, C, AC, FC, AFC, VC, AVC, changes, % of changes, MPL, [...]

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Cramming for Financial Accounting Final

October 19, 2009

Spent the whole weekend, net of time taking kids to activities and parties, and attending Exam Review Session for Microeconomics on campus, preparing for Financial Accounting Final Exam, which is already on Wednesday. I have to admit it is quite a brutal subject for a ‘right brain’ person like myself. As professor mentioned in class [...]

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