Today was the 10th Day of classes. And now theoratically, my 1st term is 50% over. Yahoo!!! More than the excitement is brings, the fear of mid-term is catching on. Just 2 more days to go now and so much to do...:-(
In the marketing class, I studied about the advertisements. How should the sellers sell to the consumers and different strategies they adopt. The prof mentioned that there is a whole course on advertising, so what we covered today was more like the tip of the ice-berg. With this Prof Samu's designated 5 classes are over and we bid him a farewell. From Thursday Prof Piyush Kumar will take the remaining 5 marketing classes.
The accounting class was fun as usual. We studied about the Stock Options and the Cash Flow statements. The prof mentioned that he had initially planned 20 minutes for Stock Options but taking cue from the previous classes, we spent about 1 hour on this topic. What was interesting was the recent stock options related frauds. Learnt about Spring Loading, Bullet Didging and Backdating methods of stock option frauds. I didn't understand these news with the Apple news as recent as 1 month old. Today, everything was clear. I also learnt about the interesting website about stock options expensing www.expensingisbadaccounting.com.
Tomorrow, a new day and two new profs. Stats will now be taken by Prof Waterman from Wharton (http://www-stat.wharton.upenn.edu/~waterman/homepage.html) and the Managerial Economics class will be taken by Prof Bruce Allen from Wharton (http://www.wharton.upenn.edu/faculty/allen.html)
Plan: Finish stats study for exam by Wednesday end of day. Thursday work on Economics. Forget preread for next two days.
Tuesday, May 15, 2007
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