November 13, 2008
Finals: done
It was unusual. It was unusual in every detail.
Lectures, where the professor of Statistics can give you information about different rappers on the West and East coast of the United States. Of course, it is Statistics, it is not Modern Music, but basing on this short information, we can determine how many students prefer rappers from West coast, how many students prefer rappers from East coast, how many students hate rap at all:) and then create the probability 95% confidence interval that randomly selected student would prefer rappers from East coast.
Lectures, where Microeconomics Power Point© presentation includes slides that reflect current situation on financial market – the known in microeconomics “Moral Hazard” problem was discussed not using the old examples from the books, but considering controversial $700B stimulus package that appeared only 2 weeks before this lecture.
Lectures, where the professor of Finance can tell you this dialog with his brother:
• Professor’s brother: What do you think about XYZ stocks?
• Professor: I do not know…
• Professor’s brother: What kind of finance are teaching to???!!!
and explain why it is normal situation: the better you know finance, the more you understand that you get very small part of the world knowledge (in this dialog – the price of the stocks already includes the possibilities of the future growth).
Nevertheless, the most unusual thing for me is the whole approach to the education. We passed 3 exams during three days. When first time I heard about our exams timetable I exclaimed: “It is impossible to prepare for exam using only 20 hours!”. However, in business school exam is only the measure of the knowledge, which you received during previous 1.5 months. Maybe be it is an usual situation if you get your bachelor degree in western university, but in eastern countries we used to prepare for an exam using 3 or 4 free days just before the exam during which we are trying to recall almost everything. It wasn't easy and examination period lasted painful 2-3 weeks-)
Posted by achomist at 11:31 AM | Comments (0)