Economics:
1. There is nothing called a free lunch.
2. Accounting profit is very different from Economic profit and its very difficult to earn an Economic profit.
Financial Accounting:
1. Accountants have lots of ways to twist things, so be careful while investing.
2. Do not emphasise on Net Profits, the better indicator is Cash flows.
Managing Business Operations:
1. Doing a thorough process analysis gives a lot of information which aids in decision making.
2. Scheduling jobs and stuff is not that difficult if you are able to formulate a LP model.
Financial Management:
1. A dollar in hand today is worth more than a dollar in the future.
2. Money does not come for free, there is a cost associated with it.
Generally:
1. MS Excel is one of the most powerful tools anyone could have.
2. It depends on you how you want to make the MBA work for you.
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A garbage-can for throwing out all the junk in my life!
About Me
- Compilcated Junk
- Nanyang Business School, Singapore, Singapore
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1 comment:
hey, a dollar today won't be worth more than a dollar if you just put it AT HAND! haha~~~
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