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re: LSUS Online MBA Reviews

Posted on 12/11/18 at 3:13 pm to
Posted by vasukv
Baton Rouge
Member since Oct 2018
21 posts
Posted on 12/11/18 at 3:13 pm to
Hi,
Can I take ACCT 701 and FIN 701 for AP1. ? what about the workload. ? I don't have any Accounting or Finance background. I appreciate your help.!
Posted by tigerlsus
Member since Jun 2018
26 posts
Posted on 12/11/18 at 4:48 pm to
Hello.. I took same courses in fall AP1, workload is moderate..

I had Prof Vines and Prof Ambrosio... both were excellent
Posted by BusinessKnight
Member since Sep 2017
376 posts
Posted on 12/12/18 at 12:07 pm to
quote:

Can I take ACCT 701 and FIN 701 for AP1. ? what about the workload. ? I don't have any Accounting or Finance background. I appreciate your help.!


These are very compatible classes for doubling-up even if you do not have a financial or accounting background. The strategy for this is basically time management for studying. Both are VERY basic and not really graduate level as far as difficulty.

Your primary challenge with Vines for FIN is getting into his summary document and figuring out what the heck he is talking about without a text book. Attend all of his zoom sessions, research the topics on Investopedia, work through the problems, and make sure you have a document with all the relevant info prepared for the test so you do not run out of time. But, it is basic finance and nothing too complicated once you figure Vines out. He is in his own world and you just gotta learn his language and track with his logic. Knowing this going in will help you learn by example rather than by understanding at first. Then, you get to the understanding by practicing the problems. You will have an aha moment and everything will be great kinda like running a race and getting your second wind. Tedious at first and then so easy.

Take Ambrosio for Accounting and you will need to spend the time to learn basic accounting principles such a financial statements, debit and credits, balance sheet elements, the financial equation, ratios, and inventory calculation methods such as LIFO and FIFO. It is basically a Sophomore level business accounting class. The final exam is probably the hardest part but you even get a practice test for that. If you have worked in business, or can read a financial statement, half of the class contains things you should already know anyway. If you are completely new to the financial aspects of business, it is still doable. Just put in the time and you will do fine, especially with all of the extra credit points.

Both classes cover some of the same topics, so they work well together.
This post was edited on 12/12/18 at 12:19 pm
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