At the end of last year, the resident statisticians at the Irish Echoes conducted an extensive survey of the Mendoza student body. Difficult questions were asked. Who is your favorite professor? What would you do differently if you could start over? Which bar is most likely to undercook mozzarella sticks? The results were, dare I say, eye opening. Perhaps most astounding was that a plurality of students selected Financial Accounting as their favorite class.
Yes. Accounting. The course in which one presumably learns how to wear a translucent, green visor and tell boring stories at cocktail parties. How on earth did this happen? Well, it turns out that our survey overlooked a significant lurking variable in the form of Professor Jeffrey Miller.
Poets & Quants explores the eye-popping salary potential for new MBA grads pursuing consultant roles in a January 2017 article titled What MBAs Earn at Top Consulting Firms. The allure of a $200K+ compensation package entices prospective MBA admits with aspirations of debt free, jet-setter sexy, problem-solving, solution-oriented careers. Sign me up!
I was recently forwarded a USA Today article from my mother (which is generally how I get news of the outside world). The piece was entitled “How much for a sandwich? Try $90,000 in lost savings”. Here’s the link:
This story grabbed my attention for a number of reasons. First, as an MBA candidate, I feel it is my duty to verify the present value of future cash flows. Second, I am a connoisseur of fine sandwiches.