The MBA is a wonderful course

(originally posted here on 8th December 2010)

The MBA is a wonderful course. The sheer amount of learning done in such a small space of time really opens the world for you. There’s so much learning that you want to share it with those around you – even if they’re not that interested!

An example of this comes from when we were studying the Elan case for our Financial Reporting class last term. I was lying in bed with my girlfriend…

“What are you reading?”
“It’s an interesting case study about a certain company and their accounting practices.”
“Oh, like what?”

She regretted asking that question as I launched into a description about joint ventures, Bermuda and the questionable ethics in management. I was fascinated with how they managed to make all of their R&D costs into either assets or income. I tried to explain it, but just got a blank look in return. The look was supposed to convey the idea of “I don’t care…” but I took it to be one of confusion and, therefore, assumed that I hadn’t explained it properly. It didn’t cross my mind that anyone would be less than enthralled by this story, even at midnight.

It was only as I reached for the pen and paper and offered to explain with the aid of diagrams that she finally snapped, told me that she was only being polite, and that I should now shut up and go to sleep.

What one learns on an MBA is indeed fascinating…for some!

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