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the in’s, out’s and what have you’s

Archive for July 2007


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I finally signed up for the CFA yesterday and bought the necessary materials. Advice from friends who have taken this before suggests that the books from Schweser should be good enough for the completing level 1 which covers material for almost the entire MBA courses in finance. It seems like a tall order but I think it should be do-able! Lets see.

Some links –


Schweser –

From my research so far, it seems these Schweser guys have a stranglehold on the market. They are part of Kaplan.


Written by internesia

July 30, 2007 at 8:27 am

Posted in CFA

Why MBA?

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One of the questions that every student that wants to get into business school has to answer is the reason why he wants to get that degree. It is not too much to ask especially since it is in the candidates best interest to understand whether his investment of time and money makes sense (after all this is business school). It is said that this reasoning should be logical, the candidate is not held to their word about pursuing the goals that they outlined in their application. If logical reasoning and eloquent writing were the only things being judged, there are better ways of doing this. I agree with the idea that a lot of thought needs to go through for me to take that step, and it is in my own interests that I think through all those aspects before I step in. Why is there an enforcer that makes sure I have done that? Once someone steps into the school, the reputation of the school carries them into the places they want to go and do their job (given the objective criteria most schools look at with regard to academics and test scores). Doing the job is not enough, you should have the potential for the top job. And the process is all about picking those from the pile, and the enforcer makes sure that they pick the one with the highest chance to make the upper echelon. You could already be in the upper echelon, or have the utmost desire and competence to get there.

One thing that is looked down upon is the use of admission consultants. I wonder why. They don’t write your essays, they help you organize your thoughts and write them. So, it makes a good economic decision, if anything if you think it will help. This is like staging a house before selling it. One of the downsides to that, and I am not sure if that is what is being discouraged, is that if someone needs help dressing up and presenting himself, they will need that even more later on when they have to present themselves and the organization that they represent. That would be a tragedy. There is something to be said about being self-made. Anyway, this practice continues and I know a lot of people who spend the money and get in. How many will eventually become successful, who knows. Besides, success could mean different things to different people.

Written by internesia

July 24, 2007 at 10:40 am

Posted in MBA, thoughts

A new beginning

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I promised Nicky that I would start blogging again on my birthday so this is a placeholder to a new beginning. To make it interesting, here a clip from one of my favorite comics –


Written by internesia

July 22, 2007 at 2:00 am

Posted in Uncategorized