India Updates: Delhi & Agra

I'm taking advantage of my hour long break to catch up on some thoughts and recap the day. It is sad that my midday nap came nearly during a presentation 3 hours ago instead of now, but I guess that's jetlag for ya.

And I have some fun news... this blog will also serve as a vehicle for the MBA program catching up on a few students' spring breaks. That will be my 3rd official pr-ish blog for UT.

Also, I forgot to mention that we were in an earthquake yesterday. (My first one!) It occured while we were at IndiGo Airlines. We clearly were fine, but the walls were full of cracks once we left!

Anyway, I guess I should first explain what happened last night. After a wonderful group dinner at Q'ba in Chawndni Chowk, a few of us decided we wanted to see Old Delhi... aka "the real India." This required a trip on the metro, which was crazy. At about 9:50pm, my group (Rohit, Marian, Caroline x2, Robert, Kevin, Chris, Neka, Ryan, Amy and I) descended the steps into the Indian subway. The trip was 10 rupees ($.20) which first of all is crazy to me. Once we got to the platform, it was clear that we were 1) the only Americans, and 2) the only girls. We managed to all fit into a subway car, but we were so jam packed that I thought, "if this car breaks down we are toast. I will claustrophobically not be able to survive." It thinned out with a few stops, and then we were out. We ascended the stairs into a foreign world. It was dark out (clearly, because it was past 10pm) and the streets were covered in trash and liquid and stray dogs (both sleeping and scavaging) and homeless people in various states of sleep. Around us were a few open vendors/stores, and tons of traffic from motorcycles, pedicabs, and various small autos usually towering with something unfamiliar. When I say shops in India, I mean that you should imagine that public storage was street level, and every unit was its own store with stuff falling out from it.

Anyway, we first walked to the oldest Sikh temple in Delhi and saw the first high-rise, which was in shambles. Then we walked to a Hindu temple and Rohit explained how remarkable was that religions shared the same street. From there we kept going, and at about 10:40 we reached a dark alley that looked really shady. Rohit asked if wanted to keep going. While we probably should have said no, I think group-think set in and we figured we'd already gone this far so why not. We made our way through the alley and came across the steps of a huge mosque. While taking pictures, someone motioned to Rohit and they talked. Then Rohit came back and said, "okay guys. we need to go now." The urgency was obvious, so we headed out quickly. Between the scene I described earlier, the added fear, and the constant near misses of getting hit, I admit that all I could think about was getting back safely. We couldn't find any autorickshaws to take us, so we kept going. Finally we reached the metro at 11:05 in time for the second to last train at the station. I'll be honest, I was pretty damn happy to arrive back at the hotel. And I know Rohit was too... I felt so bad for him because he was entrusted with this group of Americans and he didn't quite expect it to be so scary. To make a long long long story short, I don't regret going at all. (Of course I'm safe and absolutely fine.) It was an experience I will never forget, though, and definitely was a side of India I never expected to see.

Anyway, this morning was a new day. After another huge breakfast, we headed out to Arkshardam and spent about 4 hours exploring the grounds, going through an exhibit that sadly reminded me of a Disneyland ride (think recorded voices, sound effects, and animatronics in at least 7 different rooms) and watching an Imax before hitting the food court. The place was beautiful, but having been built only in 2006, it didn't have the same feel as more historical building. It was neat to learn a different type of Hindu religion, though, and again - it was stunning. (Sorry, I will have pictures when I get back!) As for the food court, I tried something Rohit suggested and promptly spit it out in the trash while everyone watched me. I have no problems being adventurous food wise, but man it was horrible.

Next we went to Apollo Hospital Delhi, where we learned about healthcare in India and toured the hospital. It was really interesting, however I felt terrible that I kept nearly nodding off. Some takeaways were that traffic in India makes ambulances virtually worthless, so they send doctors on the ambulances to give patients a chance at survival. Also, attracting talent is a challenge and the government is working to change it. Lastly, the majority of hospital visits are paid for out of pocket. Insurance really isn't common except for corporate people and officials. From there, the whole group played a mean game of frogger crossing a crazy busy street to get to the bus.

Lastly we went to the Lotus Temple, which was a gift to India from the B'hai faith. It was beautiful, although the main attraction often seemed to be us, as people were taking our pictures all over the place!

The busride home was interesting too, and I'm anxious for dinner so I can continue a conversation with Rohit, Amit, and Angie about Indian expectations and culture clashes. We'll be heading to an alumni dinner soon, and then coming back to crash before our 5:00am wakeup call. We're taking the train to Agra to explore the city and then see the Taj Mahal at sunset.

Again, a few more thoughts about my experiences.
1) I am SO GLAD I am here with a McCombs Global Trip. And I'm not just saying that because they will be using this! I love going to these businesses and hearing their stories, expectations, challenges, and plans. I love sharing the experiences with so many of my friends. And I love that I didn't have to plan any of this myself. The fact that Rohit, who's pride is his homeland, gets to bring 20 of us back here with him... well that's just incredible. I can see how much he loves sharing his country, and I also can't say enough how thankful we all are for him.
2) I wonder how long it would take to be immune to all the chaos. Already I'm finding that I expect it or don't even notice at times. And that's just in two days.
3) It becomes increasingly easy to say "no" to beggers and vendors, but seeing the kids is heartbreaking.
4) I love getting served tea and cookies during meetings. It is the best. Why don't we do this in the US?!!
5) I am so dirty, I feel like I need to shower every time I come back to the hotel.
6) I so wish that Americans wore saris.
7) There is no way to capture into words the smells or the sounds here. But both are intense. (Maybe one day I will try.)
8) I am so very glad I am here.

Alright... I'm off to shower for the second time today and head to dinner in our big safe bus. No more adventures for tonight. :)

********

I'm exhausted. India becomes more beautiful every day, but it is balanced out by some of the most horrible scenes I have ever seen. This country is incredible. (I guess that's why everyone keeps saying "Incredible India.")

Today started with a 4:20am wakeup call so we could get on a train to Agra at 6:15am. I watched out the window for a majority of the train ride - at least until I couldn't take looking at the same things over and over while being served a bounty of breakfast. The scenes from "A Fine Balance" came true before my eyes... People in slums, on the railroad tracks, trash everywhere... then balanced with a beautiful field and a mosque in the distance... and back to poverty again.

Upon arriving in Agra, we took a bus ride for about an hour to Fatehpur Sikri . Along the way, I saw everything from little kids making cow patties, women carrying cow dung in pots on their heads, cows everywhere, a lively game of cricket in a big open field filled with cows, stray dogs, and goats, holi colors to be sold, people riding atop buses, and... well I could go on for a while. There is always something to be seen. Fatehpur Sikri is a red standstone fort build by Akbar in the 1500's. It seemed like a very well perserved ghost town.

After that, we had lunch on the penthouse floor of a hotel in Delhi, looking out at the Taj Mahal. The meal was so many courses!!! Man do people eat here!!! I can't even think of all the names of what we ate, but there were honestly 6 courses, including a heft dessert. Even though I tried my best not to eat a lot, but you can't help yourself when more just keeps coming. However, I am still feeling lunch and it's been 8 hours, so.. maybe it wasn't really all that good afterall. Next we headed to hotel for a break.

I was really bummed we weren't going to see Agra Fort - especially because we missed the Red Fort in Delhi. So, I rallied Sang, Jeremy, and Kevin - and against the advice of my leadrs (something along the lines of "it's not that much different than what we've already seen," - headed to Agra Fort for our break! I am SO VERY GLAD that we went. It was beautiful. Plus, it has some crazy history. Essentially Shah Jehan's son kidnapped him and locked him in a room for the last 7 years of his life. The room, located in this fort, overlooked the Taj Mahal beautifully - and thus the Shah lived out his days staring at his creation. The four of us had a great time trying to pack as much of this fort into our short timeframe, and again I am so happy that we went.

Finally, we went to the Taj Mahal. I am hesitant to write about this because I know my words will do it no justice. Let me just say this... When I visited the Wailing Wall in Jerusalem in 1996, I had nowhere near the emotional experience that I did when visiting the Taj Mahal tonight. On one hand, the place is more beautiful than any picture can represent. Simply breathtaking. On the other hand, seeing it symbolized that I was in India... after all of my talk and planning and learning. You know those rare moments where you are supremely conscious of being alive? This was one. I see 100% why it is one of the Seven Wonders of the New World.

On the way back, we were swarmed with beggars and vendors. What put me over the edge was a little boy with a limp leg, walking on his hands and good leg, following us to the bus. It was heartbreaking in itself... but then someone gave him 10 rupees, and he looked up and waved at us and smiled. Speechless.

So, that's what I mean about beauty and beast in India. Another eye-opening day. One I will never forget. (My mind is filling up this trip.)

update from Delhi

I am largely updating my India blog for class, but if I have time I will paste my posts to this blog too. (India blog: erinandindia.blogspot.com)

I arrived in Delhi at 1:30am this morning. I was so happy to have Marian and Professor Doggett by my side to help navigate the airport/visa/taxi situations. Marian had booked us a room at the hotel next door to the Shangri La (in a wonderful effort to save about $100), and I was glad to see a bed! I slept from 3am until 12:30pm! So much for my ability to sleep on the plane. ;)

Arriving into the Delhi airport was different than I expected. It was very international. I'm not sure what I was expecting - but definitely a more local feel than I saw. I think I counted 1 woman in a sari. When I arrived at the visa desk, I friendly asked how the man behind the counter was doing. "Not Fine" he answered grumpily. Oh. Okay, I guess maybe I should not be so friendly! I was also expecting much more craziness on the way to the hotel. Maybe because it was 2:30am, but the city didn't seem all that different from a city in the US. Again, not sure what I was expecting, but it seemed like a lot of buildings with barbed wire around the perimeter, and not much else. what did surprise me was the security at the hotels. You have to go through 2-3 checkpoints to get in, including metal detectors and bag searches. I was not prepared for that.

Marian and I headed out this afternoon to explore and find an ATM. We made it as far as the ATM. Had we kept going, we would have walked right into a mosque. (Okay, that was different.) Also, the two of us trying to figure out how many rupees to get was funny. I'm still not sure we figured it out. We decided that since the shops were closed downtown, that we would just head back to the hotel, grab some food for the day, and wait for Rohit at 4pm. That was a good plan - we were able to relax for a bit, and now I have a few minutes to blog and send emails before heading out. I'm glad to have an experienced person to guide us, because Marian and I clearly didn't know what we were doing. :)

So... I anticipate seeing much more this evening and starting tomorrow. So far, it's pretty calm. The things most different I've seen so far are 1) the rickshaws, 2) the dying dog on the side of the sidewalk, 3) the mosque, and 4) the security.

Oh, one more thing - the hotels are so nice. Upon arrival at Shangri La, someone brought up fresh squeezed OJ to my room. Delicious! In the bathroom, in addition to soap and shampoo, there are toothbrushes, lotions, combs, personal kits, etc... Very upscale.

Also, I am still so tired. But I will stay awake until at least 9pm tonight. Even though I so want to take a nap!

Alright, that's it for now. I'll check back in later!

Across the World...

Tomorrow I head across the world to India!!!! I will be updating my India blog, and if I'm particularly motivated I'll transfer it over here as well.

By the way, I'm not sure exactly what happened, but I have finished packing at least 20 hours before my flight takes off. I don't know if this has ever previously occurred! I must be excited. :)

First, however, I must pass my business analytics and modeling class.  Ironically, this is the class I have probably learned the most in so far at UT! And yet I am still so far beyond the rest of my class. Crazy finance folks. Oh well, here's hoping for generous grading and partial credit. 

And this time tomorrow I will be a few hours in to my ~30 hour journey.  Until then...

The Internship..

I thought I'd elaborate on my last post... because it was somewhat vague, and because I really cannot bring myself to start the Business Analytics & Modeling case that's due on Monday quite yet.

So, to bring us up to speed... Last semester I decided pretty firmly that I wanted to give consulting a shot. (Any unsureness was only just my fear of not getting a consulting offer.) I spent the majority of the winter break preparing for consulting interviews.  Pretty much as soon as we got back from Colorado, I was hitting the books. Consulting case prep books, that is. And practicing. I had my dream team of Rishi, James, Jeremy, and Quentin... and throughout the break I met one of them pretty much every day leading up to interviews in order to practice. 

Why so much work prepping for consulting case interviews, you ask? Because they are HARD! Here, take a look at a few examples: Deloitte, BCG, and Booz. The part that most freaked me out was the fact that you have to do math without a calculator. Have you tried doing math without punching numbers into excel lately? Yikes. I needed some work. But beyond that, there are the frameworks, structures, questions, etc... that all go into the case interview. It's not easy. (I mentioned that, right?)

So anyway, I had 4 consulting interviews lined up the week before school started.  The first one - with BCG - was really fun, with interesting cases and good conversations. However, I was 100% positive I bombed the interviews due to my lack of quantitative pro-activeness. (Yes that's a term. Yes I made it up just now.) I was so sure in fact that I GAVE AWAY my case prep books once it was done.  The next day I interviewed with Deloitte, and 100% bombed the case. It was all financial, and I felt like I just wanted to run out of the room. Finally, on Friday I interviewed with PwC in the morning and Booz in the afternoon. By the time I hit my fourth company, I was feeling far more relaxed and ready.  I heard back from Booz the next day that I was invited to final rounds. I was stoked.

Then came the following Wednesday, when we were supposed to hear yes or no from BCG. I hate to admit it, but due to my perceived poor case performances, I had written them off. So you can imagine my complete surprise when I was invited to interview for second rounds. In two days. In Dallas. Yay! Gulp! Wait, I already gave my case book away! Oops! I did a practice case on the phone the next evening and it was painful. My brain just wasn't clicking and it got me completely frazzled. But, I figured, I'm lucky to have gotten this far - I'm just going to go and have fun.

So... I did. I love the BCG Dallas office. The office is spectacular, the people are cool, and frankly - the firm is one of the best. I had three back-to-back interviews, and I treated each one like a fun conversation with a new friend. I left feeling like I had given it my everything and was proud of my performance. I didn't have a feeling of whether or not I was successful (and clearly my read of these situations isn't the best) but I felt honored to have had the opportunity. Besides, I was doing second rounds with Booz the next Friday and I loved them equally too. I was in a good spot.

Fast forward to Saturday night at 6:42pm - yes, I remember exactly the time ;) - I get a call from a 214 number. I recognize it as a contact from BCG, and answer immediately. The conversation went like this.

"Hey Erin... What are you doing?"
"Nothing. Well, I'm heading to Target and then to Red Box to get a movie, but that's it. Why are you working on a Saturday night?"
"I'm not, don't worry. But I think you need to come up with something better to do tonight."
"I know, I'm kind of lame."
"Well, yeah. But seriously, is that really the way you want to go celebrate?"
Silence.
More silence...
"What?"
"Erin, you got the internship. Welcome to the team. Now go out and celebrate!"
E starts crying.
"Is it totally unprofessional that I'm crying right now?!"
"Haha, no. But seriously, go celebrate. We'll be in touch."

And so it was. To skip over and wrap up a somewhat long and complicated-only-to-me story, I submitted my acceptance letter yesterday and am getting a ton of "welcome to BCG!" emails tonight. I'm officially going to work in Dallas this summer and try my hand at consulting.

If only I had known this would happen last semester, I would have been 100x less stressed and neurotic. However, perhaps that helped me get to where I am now.  It probably did.

My internship is wrapped up. Now I just have to focus on schoolwork, my India global trip, some practicum projects, Marketing Fellows, and so much more. Then in June I will head to Dallas to take on a new adventure. This MBA thing is working out after all.

Thanks to everyone who has been so supportive along the way. It has meant the world to me! :)

The Update...

Getting into Texas was great, but it pails in comparison to getting an internship offer from one of the top consulting firms in the world. 

Mission accomplished. :)

India Blog

I have to maintain two blogs for two classes this semester.  One of which is my thoughts on India - since I will be visiting for two weeks in March! I'm over at blogspot again, with a title "erinandindia." There's not much to it yet, but hopefully it will soon be filled with amazing insights and experiences!

School update coming soon...

Parameters

There comes a time when you have to say: "I have done the best I can given the parameters I am willing to work within."

I believe I'm there with at least one recent all-consuming part of my life. And here we go!

*sigh*

hi friends!

i miss you guys.

just wanted to say that.

October Photo Updates...

So... my blogging has been less than stellar lately. What can I say, I've been busy! I figured pictures are better than nothing. So... thanks to the amazing skills of my Samsung Epic camera, here we go.

First we have the Consulting Case Challenge, which is an overnight challenge wrapped around a business case.  In other words, you get a case at 7pm, work on it nonstop until 7am, and then give a presentation some time between 8am and noon, hoping not to let your lack of sleep and delirium overshadow what you've just worked on the past 12 hours. Below are pictures of my team at 3:00am & at 8:30am. We didn't win, but it was a fantastic experience. :)

Next we have the marketing trek to Dallas, where we visited the headquarters of Dr. Pepper Snapple, Yum! Brands, and Frito Lay. I wrote more about that here. Below we have my friend Arun and me at... well... I think you can figure it out. :)

But wait, there's more. I competed in two case challenges last week. The first, a Finance Challenge, started on Monday and ended on Friday. I was honored to be asked to be a teammate, considering my financial analysis skills are... ummm.... anyway. So, that was a whole lot of fun, and I really enjoyed my time with Yifan & Arpit.

Meanwhile, I had a case challenge for GE, in which my buddies Angie & Praveen & I came up with a program to generate sales of electric vehicles by college graduates. (This was much more up my alley!) The coolest part is that we presented the case to GE's chief marketing officer, and she selected our presentation as the best. A win!! (Finally!) Here we are...

Lastly, I've been trying to come up with a way to do some good at school rather than be so self-focused. So, I finally launched a speaking/communication group for my friends from Korea, Japan, Thailand, and China. We had our first meeting this morning and plan to keep going each week. The word has spread and we're already gaining members! :)

So, that's what I've been up to, school-wise. I was fortunate enough to get an invitation to see Sarah Silverman & Friends at the Paramount, I've decided I'm going to run the 3M Half Marathon, and Joe has invited my parents to come spend Thanksgiving with us.

Things are looking better in my world, I'm glad to say. And... I'll be all done with this semester in one month+three days anyway. Then I'll wonder what to do with myself! (I'm taking requests now!)

A Letter To Myself.

Dear Erin,
To start, congratulations on receiving your MBA! I know that there was a time during late October your first year that you were questioning your decision to go back to school. Way to stick with it, though. In the end, it was the best decision for you, and now you are all the better for it.

Remember when you had that horrible week where everything seemed to go wrong? You ran for positions and lost; you were less than enthusiastic about your grades; you were rejected from two interviews; you fell out of a chair in front of all your classmates; your bottle of water exploded on your laptop and killed it after doing 8 hours of homework; you had breakdowns, got better, and had more breakdowns; and then when Monday came around again, it just didn't seem any better.

But you got through it. You took advantage of being in classes where you already had previous knowledge; you realized the jobs you didn't get weren't ones meant for you anyway; you appreciated your friends and boyfriend and found endless support from them; you realized that one closed door meant you were closer to the one you were meant to walk through; and you realized that grades aren't everything and that the experience is what mattered.

I hope you look back at that time period and feel proud that you made it through, and you realize how far you've come. There will always be bad days and bad weeks, but you always persevere.  Don't forget that.

Full Circle

Tomorrow I start a new quarter-semester of classes.  Microeconomics, Marketing, Analysis of Markets, and Operations. Here's what's ironic.

When I was contemplating getting my MBA, I went and sat in on an Operations class. I took more notes than the students did. I kept thinking, "Wow! I could have used this with GMW! How cool!"

Well, tomorrow at 8:00am I will start that exact same class. Same professor & same classroom, even. Full circle, I tell you!

By the way, I survived finals. I don't believe my grades in finance or accounting will actually resemble the amount of knowledge I have accumulated in the subjects, but I am okay with that. (Hopefully recruiters will be too.) As of now, I only know my economics grade and I will say that I was pleasantly surprised... i.e. jumping around the house with glee. Statistics is a toss-up - we'll see! I certainly GET IT, but it will just depend on if I performed better on the test than my classmates. 

But overall, the first semester was a blast. Oh... I also was selected for the Marketing Fellows, which I start tomorrow as well! Good stuff....

On the agenda for Q2 - career fair this weekend, consulting case challenge, finance case challenge*, marketing case challenge, projects, clubs, running for officer positions, Dallas marketing trek, interview preps, internship searches, Brief & Meets...

Phew.... 8 more weeks and finals start all over again!

Lists!

I've come so close to crossing off everything on my to-do list for this quarter!!!! :) I know you guys are super jealous. But don't worry, there will be another one of these next quarter - so if you want to share in the fun, you know where to find me!

Checking In....

... or Procrasinating. Either way...

Tomorrow starts the last week of my first quarter of classes. Then come finals. Then it all starts over again on October 10th. Seriously, where did the first half 1st term go?  As I was explaining my plans for the upcoming week, my mom commented "I didn't realize this MBA thing was going to take over your life." Hahahaha.... I did!

So, before I take my finals and skew my thoughts on the past 1.5 months of school, I want to say a few things.
1) I am SO HAPPY that I decided to get my MBA. While I often wonder what took me so long, I also appreciate my past experiences when trying to relate what I've learned and understand why it is important. I'm also SO HAPPY I am getting my MBA at Texas. It is 100% where I need to be.
2) I do not like tests. Not one bit.They send me into a massive downward hate spiral of doom.
3) Before I thought I wanted to be a consultant, I was living easy street because most marketing positions don't require GPAs. But not consultants - they want to know everything. UGH. That being said, I will try my  hardest to get a consulting internship (especially with a few of my favorite firms), but if it doesn't work out, then I also know that I LOVE LOVE LOVE marketing too, and I would be equally happy working in a marketing position again.
4) I am meeting some ridiculously cool people. My facebook friend list has grown by nearly 200 people. I sadly don't get to see my old friends hardly at all, but at least the people I do see every day are great. (Old friends... I shall be free after 2nd quarter finals mid December!)
5) I often think "I could never go back to my previous job." It's strange to think that something so natural for me is not even an option anymore. I miss the people, but I certainly don't miss the job.
6) Joe is insanely patient with me. I've been the lamest girlfriend ever, but he never says a thing. Well he does say "E better be nice to E" a lot, but that's another story...
7) There isn't enough time in the day. I was feeling like there was all the time in the world on Friday, but now that it's Sunday night I'm starting to mildly panic again.
8) My favorite events so far are the networking events. If only they gave out grades for networking - I'd be a 4.0 student.  
9) Speaking of networking. At a career fair last week, I met someone who is married to a girl who knew me... because she was a freshman in BBYO when I was a senior, and I planned her intake convention.  I felt really old when I heard that.  To think he may have a say in whether I get a job, too.
10) Even though I'm stressed out a lot, and I am harder on myself than I have been in a long time, I'm still having the best time of my life. When I actually stop and realize that, I can't help but realize that everything is going to be okay.

So... with that, I am going to do a few more housekeeping things and get back to studying. 

MBA Update....

*Borrowing from the MBA Student Blog*

Last week I had the opportunity to attend the “Dallas Consulting Trek” put on by Career Management. (I was lucky since I was the last one off the waitlist who got to attend – this was a popular choice trek!)

The details:

• 40 first-year MBAs make their way to Dallas to visit with 5 of the country’s top consulting companies
• Thursday night: Welcoming reception with the consulting team of PwC
• Friday: Wheels down (via a giant bus) at 7:15, where we headed to Bain & Company for breakfast, a presentation, and an office tour.  Next stop: Booz & Company for a presentation and office tour, complete with soaring views of downtown Dallas. Next stop: Boston Consulting Group for lunch, a presentation, and rotating roundtable discussions with their team.  Last stop: Deloitte Consulting for happy hour and an energetic group discussion. Final bus unload at 6:30pm.

By Friday night, I was exhausted.  The nonstop networking and information flow was intense! At the same time, I felt very excited because I found the companies so interesting… and places I could see myself working at.  The differences in each office were evident, and yet I liked aspects of all of them. I was most impressed with the caliber of people we interacted with – talk about SMART PEOPLE!

The timing was great for another reason, because on Saturday I received my MBA+ project offers. I decided to go with a marketing strategy project for Booz & Company – which was made even more exciting since I had just met my project contacts the previous day.

I’m constantly impressed with the opportunities that Career Management provides. In addition to our one hour weekly class where we are taught everything from research to resume writing to networking… They put on events like this so we can see first-hand what it’s like to work in a particular industry and at a particular company.

 

Laura, Sarah & me at Booz & Company

Back up for air...

I made it through midterms.  By "made it" I mean, I took them. Without going in to too much detail, I will offer up that one for question for my finance midterm, I answered with a drawn out sad face. Think I'll get partial credit for humor? (i.e. desperation?)

Luckily midterms are behind me, and I won't have to think about tests for another, oh, three weeks! Just projects, papers, studying, homework, interviewing, resumes, clubs, etc...  I'm not complaining, I promise. I'm getting my money's worth!! I just have to keep this in perspective... My former career was not based in finance, accounting, statistics, or economics. Bring on 2nd term courses! Marketing, my eye is on you!!

I was hoping to have something more interesting to say when I started this, but I think my brain is still fried.  Carry on!

Midterms

As much as I love school & learning... I really hate tests. Why do I have to validate how much (or exactly what) I have learned.

UGH. No likey. Not one bit. :(

Study-A-Saurus-Rex!

Pssst! I am kind of obsessed with my BA II Plus calculator. I just figured out how to compute NPV & IRR, thanks to the help of someone on YouTube. I can't believe I'm going to write this, but here goes...

Studying is FUN!!! (Exams... not so much. But that's Future E's problem...)

Midterm Epiphany

I am ridiculously excited about the epiphany I just had while studying finance.

In capital budgeting, you determine the discount cash flows at cost of capital using the expected return of the project, which equals the Risk-free Interest Rate + Systematic Risk of the Project (Beta) x Risk Premium of Market Portfolio. You can analyze Beta to determine the risk, knowing that at 0 = the project is risk free, and at 1 = the company's risk equals the market's risk. 

Beta is also known as the slope in the regression equation... which I just learned about in statistics! Beta is a coefficient which can be analyzed through statistical methods!

What else goes in to capital budgeting? Things like depreciation, cost of goods sold, etc. Where do you determine how to account for these things? In accounting!!! Then  you have to determine things like interest rates and tax rates.  Where do those come from? Economics!!!

In case you haven't figured it out, my epiphany is that everything fits together!!!

For the first time in my schooling history, I feel like all of my classes are aligning. In theory, I knew an MBA would teach me the various aspects of business - but I didn't realize HOW MUCH everything ties together. Remember in high school, when we learned calculus and wondered, "why on earth will I ever need this?" I am happy to say that I have yet to say that about anything I've learned this semester. And with a 95% confidence interval (at Z=1.96), I should accept the null hypothesis that I will not say "why on earth will I ever need this" for the rest of my MBA.  (Hahaha, I crack myself up.)

Business school is awesome!!!!!

You win points if...

You win points if you are one of my professors and you make Seinfeld references.

In finance, we've talked about Kramer and the bottle caps.

In accounting this morning, we talked about muffin bottoms.

Humor + Math = far more bearable classes. :)

TURKEY!!!

I thought my extreme happiness deserved a visual. :) Mmmmm, turkey. 

I don't need flowers...

Monday got to me. I had a really frustrating annoying day - the type of day where I could have broken out in tears and/or kicked a door and/or stomped my feet while yelling "why am i here!?" Well, maybe not that dramatic... but I definitely was questioning my decision to return to school and definitely feeling like I was the stupidest person in the school.  Grumpasaurus much?

So... then comes Tuesday. I woke up early, headed to the gym to get some reading in, and found myself next to one of UT's marketing professors! We talked for a good half hour, and while I didn't get any reading done - I found myself reinvigorated about school.  I carried that feeling throughout the day... in fact, I even understood my statistics session. Did you read that correctly? I UNDERSTOOD it. It was a monumental class! My study group is rocking things, I'm feeling ahead of schedule, and I'm happy to be in school again. Phew. 

However... I have been slacking on the home front. One of my favorite things about school is my lunchbox. It's filled with breakfast, lunch, and snacks for the day. I love it. However, I didn't make my lunch this week and I certainly didn't feel like making it at 9pm when I returned home last night.

Enter my most awesome boyfriend... when I got home, he ran to the door saying "E! E! I have a surprise! Come here!" I walked to the kitchen, already smelling something wonderful, and found that he made me dinner and lunch for the rest of the week! WAHOO!!!!! YIPPEE!!!!! Honestly, it was the best thing he could have possibly done for me, and he didn't even know it! Or maybe he did... either way I was so happy and appreciative.

So... my point(s). I am feeling better about school again.  I am willing to compromise a good workout for great conversation. And... Joe is awesome.

Joe gets it! I don't need no stinking flowers. Just make me a batch of turkey and I'm happy as can be!

I miss...

I miss my improv classes.

I miss being totally silly for 3 hours one night a week with people I adore.  I knew I would probably have to let it go once I went back to school, but... I still really miss improv.

And with that, I now return to "reporting & analyzing inventory." Sigh.

Bippity bippity bop, anyone?

A Sample Day...

yay for a cut & paste from the official student blog! Doing double duty... I feel so efficient! :)

****************

It's been nearly two weeks, and I am happy to report that I'm finding routine.  It's a really busy routine that changes every day, but I'll take it! Curious what a first year MBA schedule looks like? Well wonder no more, lucky readers, because I will now share my Wednesday with you.

5:00am - some 101x rock wakes me up
5:15am - after pressing "snooze" 2 times, I get out of bed, pack lunch, pack backpack, pack gym bag, and head out the door
6:00am - arrive at the gym, where I try to read my finance book while balancing on the elliptical machine
7:30am - showered & finally awake, I head to school...

8:00am - arrive at McCombs, find my friends in the Carpenter Center, check emails, eat breakfast, start studying
9:00am - meet with my study group, plan out our group projects for the semester, start analyzing a financial case on Airbus
12:00pm - eat lunch in the Carpenter Center while reviewing the MBA Announce email, fill in Outlook calender with upcoming events

12:30pm - Managerial Economics with Dean Gilligan (today: class discussion on China case study)
2:00pm - head to the new Student Services Building for Starbucks, hang out with my Cohort friends
4:00pm - Financial Management with Dr Sialm (today: intro to capital budgeting)
 
5:45pm - Class is done! Head home, unwind with my dogs and eat dinner with Joe. Realize I'm talking in "b-school speak" and getting excited talking about China's reforms in the 80's & 90's. Feel dorky and happy at the same time.
8:00pm - Back to it! Revise my resume, start on economics paper, start finance homework, review statistics for tomorrow... and blog!
11:00pm - Perhaps sleep would be a good idea... I'm calling it a day!

When I say each day is different, here is the plan for tomorrow: I have accounting and statistics classes in the morning, and then I meet with my career adviser, attend the student organization fair, attend an MBA+ writing workshop, attend a "meet your mentor" event, and attend the Thursday night "Think & Drink."

Sounds fun, right? It is, trust me! It's a lot of work, but I find myself excited about every day at McCombs. That is a very very very good thing.

Business Joke of the Day

From my finance professor today...
"We all have a silent partner in every business endeavor... the government."

I don't know why that makes me laugh. But it does. Hehe.

And back to studying. ;)

Presenting... Joe's Kitchen!

Here it is! Here it is!!!! The first look at the fully remodeled kitchen, demonstrated with this before & after image:

Just to recap, we changed the flooring, cabinets, countertops, backsplash, paint color, appliances, and lighting while removing the popcorn ceiling, brickwork and soffets, and installing new water lines, gas lines, and electric.

Under and over cabinet lighting. (In the last kitchen, I would have been happy with just "lighting!")

Fancy wine area! Double Oven! Workspace! Wheee!!!

I'm so happy. :) I think it turned out beautifully and still sticks with the style of the rest of the house. I can't wait to get cooking! (Yes, yes, I mean I can't wait for Joe to get cooking. :)

Friday!

Fridays = no classes!

In other words, Fridays = study study study study study ... blog ... study!!!

Here's my blog break to catch up on the week. 

I guess the most obvious thing is that I successfully finished my first week of the MBA program. I had a quiz in accounting, statistics homework due, an economics case to read, a start to my finance homework and a LOT of studying/reading to do. Some notes: First, even though they have posted the quiz grades for accounting, I haven't looked. I did this in undergrad too - not looking for a few days - and I intend to do it still. As of this point, I will assume I did fabulously and go about my business. :) Second, homework doesn't mean "answer these questions and go about your day." In reality homework means "spend between 5 & 10 hours deciphering what these questions are asking, trying to figure out the answer, conferring with your classmates, then either start from square one again or move on." Third, I am completely lost in my statistics class. I feel like I foreigner in that class, not understanding the language and struggling to figure it out. Ordinarily I would probably be less stressed about this except that I need to know stat to succeed in my future marketing classes. For what it's worth, at least the prof is entertaining. He's quirky as can be, which means I like him. :)  Fourth, I already feel far beyond and I'm chiding myself for not reading books and doing MBA math this summer. Bad move.

All that being said, I'm not *that* concerned since grades aren't the ultimate goal of this program. Passing? Yes. But being #1 - not so much. I've done a few social things, including the MBA Etiquette dinner at the Driskill, where I learned how to behave during a formal interview or business dinner. Here are some friends getting our etiquette on!

At Etiquette Dinner, I realized that I am officially a suit. When we walked into the Driskill, I saw a bunch of suits at the bar and walked right past before realizing that those were my people.  I looked down, saw my business professional attire, and returned to my clan.

I also attended Football 101 at the Stadium... and while I certainly didn't need to learn the basics of football, I still enjoyed the class (and the view!) 

I've found a study-partner-in-crime who fights homework problems with me, and I am grateful to him and his work ethic.  I've also decided to squat on his study group, which was particularly helpful in getting my stat homework completed.

I am proud to say that I've fared this week pretty well. I made it to the gym every morning before class. Taline & I decided to be our own personal trainers and have thus far held each other accountable to exercise. I love getting my workout done early, and then zipping from downtown to campus without traffic. I've also packed my food every day which is heavy, but saving me money and the worry of "what should I eat today?" Of course, now that I'm at home today I keep finding myself in the kitchen.  Doh.

And speaking of the kitchen - it's DONE!!!! I will post pictures soon. Yay for running water!!!!!

Okay, I must stop writing and go tackle accounting now. I must, I must, I must.

First Day of School!

It's hard to believe that today is my first official day of school. I've already been at McCombs for three out of the past four weeks participating in Boot Camp, Orientation, and Academic Intensive Week. I have found the past month to be extremely helpful in re-acclimating to b-school. When I walk through the building, I recognize my peers and advisers, know where the classrooms are, feel somewhat comfortable with routine, and can find seven places for fresh coffee within a quarter mile radius.

Academic Intensive was particularly helpful in getting a jumpstart in accounting, statistics, and finance. That being said, I had to miss two days to attend a funeral. When I returned, my friends presented me a beautiful sympathy card and worked to get me back to speed without a second thought. That kindness was something I will never forget when I think about the people at McCombs.

Tonight, my agenda includes studying for my first accounting quiz tomorrow, starting my first statistics homework, setting up an account on a mock-investment game for finance, reading over my MBA+ project proposal, and setting up meeting times with my study group. (Again, this was my first day of class! That "drinking from the firehouse" analogy gets used all the time for a reason!)

I should mention that I am loving my classes, even in spite of the aforementioned workload. I'm already learning so much, and I know I'm only just scratching the surface.  Again, it's all more confirmation that b-school was right for me!

I have a feeling views like this (pic taken in the Baltimore airport) will be my norm for the next two years.  That backpack will be getting some mileage!

Lil' Bit

Too much loss this week.  

Rest in peace, Lil' Bit. I'm going to miss you sweet girl.

Grandpa...

*From my reading at Grandpa's funeral Wednesday. Rest in peace, Grandpa.

My Grandpa Chester was an inspiration to all of us. I’m sure each and every one of you here today has something to share on how he touched your life.  I have been so touched to hear stories about him and listen to ways he impacted us all. Today I’d like to share a few gifts that my grandpa gave me to explain ways he impacted my own life.

First, Grandpa passed on his love of learning.  He was by far one of the smartest men I ever knew – and would always have an interesting story or fact up his sleeve about anything you could think of. Grandpa was always doing something to stay sharp and mentally active like telling puns, playing games, and solving the New York Times crossword puzzle in about 5 minutes. Also, my Grandpa clearly loved the library – I feel that the fact I belong to three library districts is a credit to him. 

Second, Grandpa taught me the value of being quiet.  When I was little, I used to think he wasn’t paying attention because he often didn’t say anything in conversation.  But as I got older, I realized that my Grandpa had a very special skill of speaking. He was a master of listening, and then when he spoke, his words were meaningful and everyone paid attention.  Again, I have Grandpa to thank for my appreciation of words and for an appreciation of listening.

Third, I have my grandpa to thank for one of the most important parts of my life – my dad.  Last November I was able to host Thanksgiving at my house in Austin. What I remember most about that trip was how similar my dad and grandpa were, and how much they loved one another. I see so much of my Grandpa in my dad... Both men who place great value on serving others and building relationships… both men who feel no need to earn recognition for their contributions… and both men who love their families wholeheartedly. The more I got to know my grandpa, the more I am honored to be part of the Whalen lineage.

Today, as I stand before his funeral, I am sad. But I am also happy that I have Grandpa Chester for a grandfather. I will forever value the gifts he gave me, and I aim to be like him – living life to the fullest, up to the very end.

Product Camp 7

After being at UT all week, one of the last places I wanted to go at 8:30am Saturday was... back to UT. But... Joe's brother John had long ago suggested I check out Product Camp, and since it was on a Saturday, and I had no other plans until 4, and since I really had no good excuse why I shouldn't go (sleeping in didn't qualify), I went.

As always, I'm glad I went. To start, this "camp" wasn't like many of the other conferences I've been to. First, it was free. Second, everyone voted on the sessions first thing in the morning and they modified the schedule to serve what the attendees wanted.  Third, it was not a sales/pitch event at all - just learning and networking.

I attended five sessions, ranging in topics from Opportunity Analysis, Product Strategy, and Requirements Definitions. I learned about sizing, segmenting, and forecasting markets, as well as tips to think outside the box in product marketing, and information on creating personas. Maybe I will learn all of this in b-school, but it's really interesting to learn these things as they are being practiced in the real world. Additionally, the networking was great as well.  I love being able to say I'm an MBA student! It's like the golden ticket of networking.

Some of my camp takeaways: by seeking out the presenter who interested me the most, I learned a lot about my marketing area of interest; by asking questions, I got opinions not only of the presenters but of successful product managers as well; by taking lots of notes, I actually remember what I learned!

I will definitely be going to more events as my schedule permits.  I can't understand why more people wouldn't take advantage of things like this!

 I promise I'm not sleeping here... this was a "brain opening" exercise. :)

 That's me at the left, taking vigorous notes. Yes, I am that dorky. And yes, I now know what TAM, SAM, and SOM are. So there!

McCombs MBA Orientation Week

A note: I have been selected as a student blogger for McCombs!! This means my blog posts will be doing double duty on two blogs. I now present my first post. :)

DAY ONE

Ah... the feelings of going back to school. Excitement, anticipation, nerves, and of course the long stares into one's closet wondering, "What am I going to wear!?"  I experienced all of these feelings, including  the hope that my closet was stocked with enough business casual outfits to get me through the week,  on Monday morning of August 1st.  I arrived on campus around noon, met up with a friend I'd met at Boot Camp, toured Gregory Gym (wow - that pool!!), and hung out at the Student Services Building (SSB) with my new classmates. We were treated to a great welcome by our director, Tina Mabley, and then we headed back to business school (GSB) to meet our cohorts, or divided groups of ~65 students I would be sharing my core classes with.  First impression: I love my cohort! I loved hearing all of the backgrounds and aspirations of my classmates. I felt proud of my decision to return to McCombs - I was in great company.

That night was the opening banquet at DRK Royal Memorial Stadium.  (I went through the same closet experience as before, only this time wondering if I had enough business professional attire.) I was glad to bring my boyfriend so he could see what I would be experiencing through the program. We networked, enjoyed the stadium, and listened to some encouraging speeches.  Eric Hirst (Associate Dean) told us to take risks in business school, Erin Mulligan Nelson (McCombs alumn and CMO of Bazaarvoice) spoke of McCombs as a launchpad to change the world and encouraged us to find our purpose and be strategic and open.  Then Cindy Benton (Director of Student Services) and the UT undergraduate alum led the "Eyes of Texas." What a fun evening!

DAY TWO

We spent the morning listening to presentations on the MBA program overview and briefings from faculty members from each business disciplines about their areas of concentration.  Personally, I was most excited when Dr. Srinivisan spoke about marketing - she was one of my favorite professors in undergrad - but all of the faculty members were engaging and compelling.  They were also quite funny as each professor plugged why their concentration was the best.  Next we attended an all-MBA-program lunch at the AT&T Conference Center, complete with a speech from UT's President Powers. I like that McCombs integrates students in all programs and encourages networking and camaraderie.  After lunch we heard from career services and then played an icebreaker game to find our study groups. My group is comprised of five people with different backgrounds, focuses, countries of origin, and interests - a great mix! Then the day ended with another first - homework for Wednesday!

DAY THREE

The schedule said "Executive Challenge" from 7:30am - 7:00pm. The staff didn't waste any time getting us right into school-mode! My group of nine had to launch a new business, run the company through five quarters, and pitch the business to VC's at the end of the day. I will say that even though we were a bit confused at first, we got into the swing of things pretty quickly, developed strategies, and ended up doing pretty well. (I hope this is representative of the next two years!) While we didn't ultimately win, it was still an energizing and exciting challenge. 

DAY FOUR

The dress code - more business casual! Luckily I haven't run out of clothes yet.  The morning was filled with something called "Diversity Theater."  Like most of my classmates, I saw this on the schedule and thought "Really? This is going to be so boring." However, it was one of the most memorable parts of the week - complete with performances, engaging dialogue, and more empathetic views about diversity.  Hats off to the Orientation team on this one - it was really a remarkable program. That afternoon we had the option to attend up to four different career panels, complete with people working in those arenas talking about their professions.  I attended consulting, marketing, cleantech, and entrepreneurship. Honestly, I liked elements of every session, although if I had to guess I think entrepreneurship and marketing are still my preferred arenas.  We'll see in two years! We ended the day with an alumni/student happy hour. At this point, I was exhausted, excited, and happy all at once.

DAY FIVE

McCombs Outdoor Adventure Day! Finally, the dress code was shorts & my cohort t-shirt. The day was spent at McKinney Roughs Nature Park with activities including rafting, icebreakers, and good-old-Texas-BBQ. I truly enjoyed getting to meet even more new people while also realizing how many people I had already met.  It is amazing how quickly your network (and friendships) develop within one week of Orientation.

THOUGHTS

Some pieces of advice for incoming students:

• Be prepared to answer the following questions: where are you from, where did you go to undergrad, what did you do before now, what do you hope to do upon graduation, and what is one interesting thing about yourself.  We had to answer these publicly in our cohorts, and I've been answering them nonstop all week.  
• Get your wardrobe ready before Orientation.  Don't waste valuable time standing in front of your closet regretting the fact you didn't go shopping sooner.
• Talk to everyone you can.  Don't worry about the need to "prove yourself" or "make a good impression. " We are all in the same boat and are genuinely interested in meeting people. Be a good listener.
• Go to every event with an open mind. Like I said, Diversity Theater was one of my favorites! Go to as many career panels as possible even if you think you don't want to go into that field. Be open-minded and curious.
• Befriend as many people from other countries as possible.  For me, meeting my classmates from China, Japan, and India has been one of the highlights of my experience thus far.  Volunteer to help them in any way possible. To my international classmates, I have immense respect for your courage and fortitude to come to a new country! (Yay for your first margaritas!!)

If I can sum up Orientation week in one thought, I would say that it confirmed my decision to come McCombs, and I am more excited than ever for this MBA journey.

Business Professional

Orientation is going swimmingly. I'm really enjoying learning more about the program and meeting my classmates. Last night I got to bring Joe to the opening banquet - awesome! I have a lot of thoughts I want to write down, but I'm already exhausted. Welcome to the life of the MBA student, I suppose! Tomorrow is our first day of case challenges, from about 7:30am to 7:00pm. Fun. :)

It's Starting!!!

I'm about to head to MBA Orientation!!!!!!

In true McCombs fashion, I'm in "business casual" today... and shall be in "business professional" at the opening banquet at the stadium. Joe gets to come too, and I'm so excited to bring him into my new world.

Yay for school!!! Yay for new chapters!!! (Yay for a strong cup of coffee this morning!!!)

Hook 'Em! :)