10 Second MBA
Before starting here I bought "The 10 Day MBA" from Half-Price books, One chapter for each core course, then a final chapter with sub-subjects like Ethics, Negotiations, etc. I've actually found it kind of useful as a primer before I start each course. It got me kind of thinking though; how about a 10 second MBA; if I could encapsulate the most important thing I got out of each class in one or two sentences, what would it be.
Well here goes:
- Marketing: Consistency in your marketing strategy is vital, define your consumer and then work everything back from there.
- Finance: Time value of money. Invest in index funds.
- Data Analysis and Decision Making: There is uncertainty everywhere. Account for it.
- Marketing Research: Marketing Research is about reducing the level of risk for marketing managers. They need your help or they will be fired.
- Operations: That uncertainty stuff from Data Analysis? THAT SUCKS! Reduce it.
- Quantative Models in Marketing: Regression is a powerful but dangerous tool. Use it for good and never evil.
- Managing Behavior and Leadership: Achievable but difficult goals, timely feedback, positive reinforcement. These things will make a productive employee.
- Accounting: Executives will do anything to make their quarterly figures, don't trust them.
- Statistical Methods II: All statistics is closely related, learn one formula, any formula, and you can learn then all.
- Economics: I didn't learn anything interesting in undergrad Econ, It's doubtful I'm going to start now.
