MBA: Module 3, The Foundations of Management

Module 3 of the Queens's MBA program was pretty intense. We had four courses: Financial Accounting, Management Accounting, Organizational Behaviour, and Managerial Economics.

Financial Accounting
This course was actually pretty good. I'm not about to pursue a career in Accounting, but we learned how to read an annual report of a company, pick out unusual information, and assess the health and management of the company just by looking at their financial statements. Professor John Moore is a dynamic old school prof. So old school that he still uses transparancies and a projector. I haven't seen anyone teach like that in at least a decade. He had great command on the class and it was obvious that he's been teaching that course for a long time. He uses a putter for a pointer too. He ended up calling on me one class when he was discussing the subjective and objective aspects of accounting. Since that class, everytime he wanted to call something subjective, he pointed at me so I could say it. It was good...kept me on my toes.

Management Accounting
I'm one year older than Clinton Free, the professor who taught this course. A really smart and interesting guy from Australia, he quit a consulting job to be a professional cricket player for a while. His class goes at a fast pace, but he keeps it interesting and lively with some jeopardy-like game play and other shenanigans. The course itself dealt with making managment decisions using financial information. e.g. whether or not you should drop a product, buy a machine, or if you should accept a special order of a product. We had a business case about Skydive Gananoque and had to evaluate their busines and produce some marketing ideas for them (I ended up organazing a skydiving event for the class, but that's for another post).

Managerial Economics
Dr. Bo Pazderka is a really interesting character. He has a dry sense of humour that I really liked. His class was very well structured and the course notes were really organized. He's also really soft spoken and talks slowly. You really have to pay attention to what's going on in class. It's also really easy to fall asleep. The course dealt with supply and demand curves, but in relation to companies and firms. It dealt with the behaviour of the market in an industry with perfect competition, a monopoly, monopolistic competition, and an oligopoly or cartel. Interesting stuff really, but it was hard to keep up with the readings.

Organizational Behaviour
I don't want to say too much about this course. I didn't really enjoy it and the work load for it was a bit ridiculous. The volume of reading and writing that the professor required from us was crazy without any added benefit. A lot of the material was repetitive and I found the whole topic very academic and without enough focus on practical applications. In my mind, you can talk all you want about human resources management, but there's no substitute for rolling your sleeves up and walking down to the shop floor and talking to the people doing the work. Then you find out what makes them tick, what they're looking for, and how to motivate them.

This module was a lot of work and the stress level was showing in the class. Tempers were short and I think people were happy when the break came along. We'll have to enjoy the break because I don't think it'll be long before the work load kicks up again.