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re: LSUS Online MBA Reviews
Posted on 5/16/19 at 9:00 pm to baroqen
Posted on 5/16/19 at 9:00 pm to baroqen
FIN 701 – Choi
In one phrase – “Finance made… not easy… but easier”
Difficulty – 4
Comments – Finance is tough. It’s boring, there are a ton of numbers and weird theories, and no one really likes it. That said, Choi does a decent job of forcibly drilling a bit of Finance knowledge into your brain. I’m actually only halfway through the class as I write this and have already used some of the information I’ve learned. The class consists of reading 2 extensive PowerPoints a week, 5 weekly discussion posts that requires you to dig into one of the course topics in more detail (200 word min), 2 sizeable case analyses (500 word min, but you’ll probably do MUCH more), and 3 closed-book (Half page notecard allowed for formulas only), Proctorio exams covering two modules each. There is a HIGHLY active Q&A board and he’s extremely responsive. You get a “problem set” each week for practice that you don’t actually have to do or turn in. DO NOT SKIP THESE. They’re essentially practice exams and the vast majority of the test will come directly from the problem sets. They’re big and time consuming, but very good practice. If you didn’t catch it earlier, I said there are 3 exams covering 2 modules each. This was not a typo. The class is 6 modules with the last module spanning the last two weeks. It will probably be a bear, but at the same time it also means you could potentially finish a week earlier if you want to push yourself. That’s not to say that the class is easy, the very first thing I said is that Finance is tough. However, if you do the work and put in the time, you should be able to earn yourself an A. The case analyses are a lot of research, but at the end of the day you will learn quite a bit while doing them and that knowledge will probably be your biggest takeaways from the class. As for the actual financial calculations, it’s pretty archaic but all the math is done on financial calculators NOT Excel… TI BAII Plus is recommended. At this point, it’s practically Jurassic to use a calculator so that’s a bit odd. This is something to keep in mind as you will essentially be learning a highly outdated process that lost relevance nearly 3 decades ago.
Update: The first test is easy, but the second two can be TOUGH. The mistake that many people seemed to have made was that they memorized the problem sets without actually learning how to solve the problems. DO the problem sets, don’t just memorize the answers.
“A” Strategy – Choi gives you ALL of the tools you need to earn an A. The class is extremely straightforward with no tricks (unlike some other professors). There is literally an easy, albeit extremely time-consuming “A” strategy and that is to do the problem sets as many times as you need to until you basically can get them 100% without your notes. However, don’t just memorize the problem sets, you need to understand how to actually work the problems out. He gives you a separate file with the answers and how to solve them so you can check. Also check the Q&A board for any problems you have issues with or ask on the boards. He’s highly responsive with how to solve the any question. He isn’t going to just hand you an A, but if you really put in the time and effort it is straightforward to earn one. The first test is dramatically easier than the second and third, so you need to STUDY. You get to make a single “formula sheet”. Write down every formula you use to solve the problem sets, even if it is a variation of an existing formula. This will save you time and effort. Convert all of his answers from the problem sets into their respective formulas. Also utilize any formulas he uses on the discussion boards, as they are sometimes easier to understand. You literally get EVERY tool you need and the rest is just effort (a lot of it).
Time Commitment – 20-40 hours/week. Honestly, this one really has the potential to be a real bear for some. Others may be gifted enough to handle the material easily so there’s going to be a huge range in time required. The two case analyses are time consuming due to the amount of research involved, don’t be misled by the “500 word minimum”. If you don’t study and prepare extensively for the tests, you will probably fail them. That said, you can actually have a failing average score on your tests and still get a B in the class.
In one phrase – “Finance made… not easy… but easier”
Difficulty – 4
Comments – Finance is tough. It’s boring, there are a ton of numbers and weird theories, and no one really likes it. That said, Choi does a decent job of forcibly drilling a bit of Finance knowledge into your brain. I’m actually only halfway through the class as I write this and have already used some of the information I’ve learned. The class consists of reading 2 extensive PowerPoints a week, 5 weekly discussion posts that requires you to dig into one of the course topics in more detail (200 word min), 2 sizeable case analyses (500 word min, but you’ll probably do MUCH more), and 3 closed-book (Half page notecard allowed for formulas only), Proctorio exams covering two modules each. There is a HIGHLY active Q&A board and he’s extremely responsive. You get a “problem set” each week for practice that you don’t actually have to do or turn in. DO NOT SKIP THESE. They’re essentially practice exams and the vast majority of the test will come directly from the problem sets. They’re big and time consuming, but very good practice. If you didn’t catch it earlier, I said there are 3 exams covering 2 modules each. This was not a typo. The class is 6 modules with the last module spanning the last two weeks. It will probably be a bear, but at the same time it also means you could potentially finish a week earlier if you want to push yourself. That’s not to say that the class is easy, the very first thing I said is that Finance is tough. However, if you do the work and put in the time, you should be able to earn yourself an A. The case analyses are a lot of research, but at the end of the day you will learn quite a bit while doing them and that knowledge will probably be your biggest takeaways from the class. As for the actual financial calculations, it’s pretty archaic but all the math is done on financial calculators NOT Excel… TI BAII Plus is recommended. At this point, it’s practically Jurassic to use a calculator so that’s a bit odd. This is something to keep in mind as you will essentially be learning a highly outdated process that lost relevance nearly 3 decades ago.
Update: The first test is easy, but the second two can be TOUGH. The mistake that many people seemed to have made was that they memorized the problem sets without actually learning how to solve the problems. DO the problem sets, don’t just memorize the answers.
“A” Strategy – Choi gives you ALL of the tools you need to earn an A. The class is extremely straightforward with no tricks (unlike some other professors). There is literally an easy, albeit extremely time-consuming “A” strategy and that is to do the problem sets as many times as you need to until you basically can get them 100% without your notes. However, don’t just memorize the problem sets, you need to understand how to actually work the problems out. He gives you a separate file with the answers and how to solve them so you can check. Also check the Q&A board for any problems you have issues with or ask on the boards. He’s highly responsive with how to solve the any question. He isn’t going to just hand you an A, but if you really put in the time and effort it is straightforward to earn one. The first test is dramatically easier than the second and third, so you need to STUDY. You get to make a single “formula sheet”. Write down every formula you use to solve the problem sets, even if it is a variation of an existing formula. This will save you time and effort. Convert all of his answers from the problem sets into their respective formulas. Also utilize any formulas he uses on the discussion boards, as they are sometimes easier to understand. You literally get EVERY tool you need and the rest is just effort (a lot of it).
Time Commitment – 20-40 hours/week. Honestly, this one really has the potential to be a real bear for some. Others may be gifted enough to handle the material easily so there’s going to be a huge range in time required. The two case analyses are time consuming due to the amount of research involved, don’t be misled by the “500 word minimum”. If you don’t study and prepare extensively for the tests, you will probably fail them. That said, you can actually have a failing average score on your tests and still get a B in the class.
This post was edited on 5/16/19 at 9:01 pm
1
Posted on 5/16/19 at 9:01 pm to baroqen
ACCT 701 - Huang
In one phrase – “Accounting for Dummies”
Difficulty – 2.5
Comments – Huang has a great class. She seems really nice and encourages students to email the coaches or even contact her directly with questions (Unlike Yuan who really doesn’t want you to contact her). The class itself is also highly condensed with a lot of knowledge without a massive time commitment. It’s not General Accounting, it’s a more focused Accounting class that teaches skills that will be useful to future business leaders. That’s not to say the class is easy, but it’s also not as intimidating as most people expect it to be. It’s theory oriented and focuses on teaching you the ins and outs of financial statements. Math nerds might be a bit disappointed. Huang provides multiple methods for learning: text, PowerPoints, lecture videos, and supplemental videos, along with Zoom sessions. Once again, this may sound intimidating but you only NEED the PowerPoints. She provides an array of learning methods because different people learn differently. I recommend just using her PowerPoints and listening to the course lectures, although you could technically stick with just one. The class consists of a 6 weekly, open notes, Proctorio “Homework” assignments graded on the best of TWO chances. These are homework and not quizzes or assessments so you can review between attempts. Like I said, she isn’t trying to be punitive, she’s giving you the tools to learn and succeed. You also have 6 weekly, closed-notes, Proctorio quizzes. The questions are on the identical material as the homework, although reconstructed to marginally different. If you know the homework material, you will know the quiz material. No tricks. There’s also a solo project in the final two week and an extra credit assignment in the last week. To be honest, the only drawback I felt in the class is that she has a relatively strong accent and some people may have difficulty understanding her. Fortunately, you can turn on a surprisingly accurate CC for the lecture videos.
Update: One final note on the project. When you first open up the project file it looks CRAZY and the first thought going through your head will be to wonder what the heck you got yourself into. However, once you start reading it, you’ll understand that she went into a crazy level of detail in what is essentially a gigantic rubric for the project. You’ll earn points just for putting the names of the companies that you’re going to be reviewing. The project is a 3-5 page paper including charts and you have two weeks to work on it. It’s actually a great little hand-on exercise to apply some of what you’ve learned through the class. Far more practical and useful “real world” knowledge than just taking another exam. I was concerned that it was deceptively easy due to the large amount of copy/paste involved… but true to form, Huang isn’t deceptive at all... A lot of it is copy/paste, the actual goal is finding the correct information to copy/paste. Starting the project is the toughest part, but it’s really primarily an accounting scavenger hunt. The goal appears to be to teach you how to “read” aka find relevant information from company financial statements. She also provides an extremely easy extra credit worth an additional 5%.
“A” Strategy – Watch the course lectures. It’s based on the PowerPoint so you don’t really need to do both. However, PRINT the PowerPoint and follow along and add notes as desired. Then, use the PowerPoint and notes during your homework assignment. If you don’t get 100%, study what you got wrong and do it again. Even if you got a 85% and you’re satisfied with that, DO THE HOMEWORK AGAIN. The questions are identical between attempts (except for the order of the answers), so doing it again is mainly for practice and the fact that you should be able to get a 100 the second time around (barring careless mistakes). The Proctorio pre-test procedures will probably take you longer than the quiz. The quizzes will always be based on the exact same concepts from the homework but will NOT be the exact same questions. If there are 3 parts to a concept and you were tested on one, brush up on the other two if you need to and then just take the quiz immediately after.
Time Commitment – 8 – 10 hours. No BS to sift through, it’s very straightforward and direct knowledge and skill building.
In one phrase – “Accounting for Dummies”
Difficulty – 2.5
Comments – Huang has a great class. She seems really nice and encourages students to email the coaches or even contact her directly with questions (Unlike Yuan who really doesn’t want you to contact her). The class itself is also highly condensed with a lot of knowledge without a massive time commitment. It’s not General Accounting, it’s a more focused Accounting class that teaches skills that will be useful to future business leaders. That’s not to say the class is easy, but it’s also not as intimidating as most people expect it to be. It’s theory oriented and focuses on teaching you the ins and outs of financial statements. Math nerds might be a bit disappointed. Huang provides multiple methods for learning: text, PowerPoints, lecture videos, and supplemental videos, along with Zoom sessions. Once again, this may sound intimidating but you only NEED the PowerPoints. She provides an array of learning methods because different people learn differently. I recommend just using her PowerPoints and listening to the course lectures, although you could technically stick with just one. The class consists of a 6 weekly, open notes, Proctorio “Homework” assignments graded on the best of TWO chances. These are homework and not quizzes or assessments so you can review between attempts. Like I said, she isn’t trying to be punitive, she’s giving you the tools to learn and succeed. You also have 6 weekly, closed-notes, Proctorio quizzes. The questions are on the identical material as the homework, although reconstructed to marginally different. If you know the homework material, you will know the quiz material. No tricks. There’s also a solo project in the final two week and an extra credit assignment in the last week. To be honest, the only drawback I felt in the class is that she has a relatively strong accent and some people may have difficulty understanding her. Fortunately, you can turn on a surprisingly accurate CC for the lecture videos.
Update: One final note on the project. When you first open up the project file it looks CRAZY and the first thought going through your head will be to wonder what the heck you got yourself into. However, once you start reading it, you’ll understand that she went into a crazy level of detail in what is essentially a gigantic rubric for the project. You’ll earn points just for putting the names of the companies that you’re going to be reviewing. The project is a 3-5 page paper including charts and you have two weeks to work on it. It’s actually a great little hand-on exercise to apply some of what you’ve learned through the class. Far more practical and useful “real world” knowledge than just taking another exam. I was concerned that it was deceptively easy due to the large amount of copy/paste involved… but true to form, Huang isn’t deceptive at all... A lot of it is copy/paste, the actual goal is finding the correct information to copy/paste. Starting the project is the toughest part, but it’s really primarily an accounting scavenger hunt. The goal appears to be to teach you how to “read” aka find relevant information from company financial statements. She also provides an extremely easy extra credit worth an additional 5%.
“A” Strategy – Watch the course lectures. It’s based on the PowerPoint so you don’t really need to do both. However, PRINT the PowerPoint and follow along and add notes as desired. Then, use the PowerPoint and notes during your homework assignment. If you don’t get 100%, study what you got wrong and do it again. Even if you got a 85% and you’re satisfied with that, DO THE HOMEWORK AGAIN. The questions are identical between attempts (except for the order of the answers), so doing it again is mainly for practice and the fact that you should be able to get a 100 the second time around (barring careless mistakes). The Proctorio pre-test procedures will probably take you longer than the quiz. The quizzes will always be based on the exact same concepts from the homework but will NOT be the exact same questions. If there are 3 parts to a concept and you were tested on one, brush up on the other two if you need to and then just take the quiz immediately after.
Time Commitment – 8 – 10 hours. No BS to sift through, it’s very straightforward and direct knowledge and skill building.
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