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re: LSUS Online MBA Reviews
Posted on 10/11/17 at 8:31 pm to Jeaux Cool
Posted on 10/11/17 at 8:31 pm to Jeaux Cool
@ Jeaux Cool
thanks mate, worth a try
thanks mate, worth a try
This post was edited on 10/11/17 at 8:32 pm
0
Posted on 10/11/17 at 8:47 pm to JW21
quote:If I remember correctly, everything is due the same day every week with the exception of the last week of class when everything is due a day early, as is standard for every LSUS class I've taken in the program.
For ECON 705, does he set up separate deadlines for each assignment throughout the week or it's flexible as long as we get it all done by Sunday night?
However, there is a logical progression to what order you should do everything in. I would read the chapters first and do some practice questions, though that's not part of your grade or what is "due." The first graded thing you are going to do is watch the 2 videos for the week while taking the multiple choice video quizzes. That part is easy.
The next step is taking the self assessment, which is basically another slightly more challenging multiple choice quiz, though these are still pretty easy. This is supposed to highlight areas you need to re-study.
Then, the next step up in difficulty is the assignment for the week. This is just a Word document with 4 - 6 open, fairly involved questions. You want to get to these asap because they often require you to create your own Excel model and can involve a lot of trial and error depending on how well you understand the material.
The last thing you do is the module assessment for the week. This is the closest thing the class has to exams and the questions are more or less identical to the questions from the weekly assignment except they are multiple choice. The idea is that you wrestle with the assignment for a couple of days, get your answers prepared, and then hope they match the choices available for the module assessment.
Posted on 10/11/17 at 9:21 pm to DieDaily
Thank you so much DieDaily for the answer and info!
Posted on 10/12/17 at 5:30 am to 9BREES9
MADM 701 paper submitted last night and just killed the final exam. 
Easiest one of the 7, imo.
Congrats to all who have finished the program this session!
One more to go and I'll be in that number.
To the rest of you... see ya in a couple of weeks!
Easiest one of the 7, imo. Congrats to all who have finished the program this session!
One more to go and I'll be in that number. To the rest of you... see ya in a couple of weeks!
Posted on 10/12/17 at 5:31 am to JW21
Can someone please tell me how to get the answer to practice problem 1 in ACCT? I am totally stuck.
This post was edited on 10/12/17 at 5:34 am
Posted on 10/12/17 at 6:23 am to MBAStudent
quote:
Can someone please tell me how to get the answer to practice problem 1 in ACCT? I am totally stuck.
quote:
ABC Inc purchased a machine on January 1, 2015, for $111,433. At the time of purchase, the machine was estimated to have a life of seven years and a residual value of $37,750. On January 1 2017, the company determined that the machine had a total useful life of ten years (another eight years left) and a residual value of $45,000. If the company uses the straight-line method of depreciation, what will be the depreciation expense for the machine in 2017?
111,433 cost - 37,750 salvage = 73,683 Depreciable base on 1/1/15
73,683 / 7 years useful life = 10,526.14 annual SL depreciation
10,526.14 x 2 years = 21,052.29 amount of Acc.Dep. on 1/1/17 (2 years)
111,433 - 21,052.29 = 90,380.71 book value at 1/1/17
90,380.71 - 45,000 new salvage = 45,380.71 remaining dep. base
45,380.71 / 8 years new remaining useful life = 5,672.59 new annual depreciation amount.
This post was edited on 10/12/17 at 7:15 am
Posted on 10/12/17 at 8:23 am to socal77
Ahh I see..Graduating in 8 terms is great. Let see how the Econ pans out. I just reviewed the syllabus...seems like so much work involved. With new baby and commute to work...I get about 2-3hrs of free time....hopefully this would be enough to tackle the course. I am just feeling nervous and overwhelmed and the course hasn't even started yet..FML..LOL
Posted on 10/12/17 at 9:22 am to ramgan2002
I found Econ to be one of the more demanding quantitative classes. It's not horrible, but he wants to make sure you really learn and can apply the material.
It's maybe 3 hours of work to get through the video quizzes and self assessment. The assignment takes anywhere from 2-8 hours.
The general format is the videos and quizzes walk you through the chapters. The self assessment is more of the same. Then the primary assignment, which is much harder, is actually applying the material.
The instructor posts little explanation videos and zoom sessions, so even if you can only find a couple of hours in the middle of the night, you can work on the class.
It's maybe 3 hours of work to get through the video quizzes and self assessment. The assignment takes anywhere from 2-8 hours.
The general format is the videos and quizzes walk you through the chapters. The self assessment is more of the same. Then the primary assignment, which is much harder, is actually applying the material.
The instructor posts little explanation videos and zoom sessions, so even if you can only find a couple of hours in the middle of the night, you can work on the class.
Posted on 10/12/17 at 11:18 am to mtntreks
quote:
Jason, have you had an accounting class before? If yes, I'd think twice about taking BADM700. This class doesn't count toward your degree and they've changed the prerequisite requirements. It's money you don't need to spend if you're familiar with basic accounting concepts already.
I've had experience with budgets and such through the course of normal business. I've spent most of my career in the IT/Engineering realm. That said, I'm pretty adept at picking up concepts. I could spend the next few weeks prepping and probably get the basics.
Given my background, do you think I'd be OK skipping BADM 700 and 701? Has anyone with an engineering degree (or any other STEM degree) tried this?
This post was edited on 10/12/17 at 11:22 am
Posted on 10/12/17 at 11:21 am to Jasons_MBA_Acct
Also, if anyone has the PDF to ISDS 705, I'd love a copy. TIA.
lsuman25@yahoo.com
lsuman25@yahoo.com
Posted on 10/12/17 at 1:08 pm to Jasons_MBA_Acct
I took BADM the term immediately before they announced it was no longer required. It as an absolute waste of my time and money. I made a 99 in the class and it did little to prepare me for the ACCT 701 class.
Posted on 10/12/17 at 1:13 pm to Aurebelman
quote:
I took BADM the term immediately before they announced it was no longer required. It as an absolute waste of my time and money. I made a 99 in the class and it did little to prepare me for the ACCT 701 class.
Thanks for the feedback. Did you take BADM 701 as well?
Posted on 10/12/17 at 1:42 pm to Jasons_MBA_Acct
No I was exempt from 701.
Posted on 10/12/17 at 2:04 pm to Aurebelman
Question for the group...
Are many of you pursuing the specialization or concentration tracts of the MBA program? Or just the general MBA?
Are many of you pursuing the specialization or concentration tracts of the MBA program? Or just the general MBA?
Posted on 10/12/17 at 2:07 pm to Jasons_MBA_Acct
Initially I was just general but took Finance classes for all of my electives because I liked Vines and the lack of busy work... so switched this session to Finance concentration.
Posted on 10/12/17 at 3:36 pm to Jasons_MBA_Acct
quote:I took both pre-req classes. I actually thought the BADM 700 (Acct / Fin) was a good course and a good review of accounting principles. I had to take accounting for my undergrad but that was so long ago that I felt like I needed a refresher.
do you think I'd be OK skipping BADM 700 and 701?
I thought that BADM 701 (Econ / Stats) was a terrible course, though I think the stats content was valuable for my understanding of the full Econ course with Shaughnessy. It was just too much work crammed into too little time. The main Econ stuff was literally blown through in the first 2 weeks with the rest of the course being focused on Stats, but you always had Econ-related, low value, busy work to do. If I had to do it over again, I would have just been better off buying a "intro to stats" book.
quote:I was initially thinking I would aim for the Finance concentration but now I'm leaning toward the Data Analytics concentration. I think it might line up better with the trajectory of my career. However, after looking at my degree map, my schedule won't deviate based on this decision until Spring AP2. So, I still have some time to mull it over.
Are many of you pursuing the specialization or concentration tracts of the MBA program? Or just the general MBA?
This post was edited on 10/12/17 at 3:39 pm
Posted on 10/12/17 at 4:47 pm to Jasons_MBA_Acct
Jason, I found an accounting class on iTunes U and plan to use this free course as a refresher before starting the ACCT class.
LINK
LINK
This post was edited on 10/12/17 at 4:49 pm
Posted on 10/12/17 at 5:01 pm to Jasons_MBA_Acct
Jason,
I also have an IT background. My previous degree did not include accounting/econ or much in the way of statistics, so I took both BADM 700 and BADM 701. You're not going to find a lot of people who had similar backgrounds who skipped the classes because they've been hard prerequisites up until nowish.
That said, I agree with DieDaily's general assessment that the Stats/Econ combined was a little rough in terms of information density, but they were interesting/useful (mostly for Econ 705). The accounting/finance was like 90% accounting, and there was a lot of overlap with ACCT 701, in that the concepts were the same in both but approached from different perspectives. There wasn't anything in the Finance side that was needed before the Finance classes; it was basically just time value of money.
I probably could have done without both, but I learn crazy fast, so that's not necessarily helpful advice for most people.
Also, I opted for the Finance specialization. When I applied in February for the March session, the concentration was an extra class beyond any other in the program, so that seemed ridiculous. They dropped MADM 720 from the core requirements like a week before I started, but I'd already gotten my books and it was one of the few classes that I could take without taking the prerequisite classes first, so I just kept it as an elective. Due to the course rotation schedule, doing the Finance concentration would have forced me to take an extra session. Considering that the concentrations and specializations and whatnot don't show on your diploma, just think of them as electives ('cause they are) and take the ones that you want to take.
I also have an IT background. My previous degree did not include accounting/econ or much in the way of statistics, so I took both BADM 700 and BADM 701. You're not going to find a lot of people who had similar backgrounds who skipped the classes because they've been hard prerequisites up until nowish.
That said, I agree with DieDaily's general assessment that the Stats/Econ combined was a little rough in terms of information density, but they were interesting/useful (mostly for Econ 705). The accounting/finance was like 90% accounting, and there was a lot of overlap with ACCT 701, in that the concepts were the same in both but approached from different perspectives. There wasn't anything in the Finance side that was needed before the Finance classes; it was basically just time value of money.
I probably could have done without both, but I learn crazy fast, so that's not necessarily helpful advice for most people.
Also, I opted for the Finance specialization. When I applied in February for the March session, the concentration was an extra class beyond any other in the program, so that seemed ridiculous. They dropped MADM 720 from the core requirements like a week before I started, but I'd already gotten my books and it was one of the few classes that I could take without taking the prerequisite classes first, so I just kept it as an elective. Due to the course rotation schedule, doing the Finance concentration would have forced me to take an extra session. Considering that the concentrations and specializations and whatnot don't show on your diploma, just think of them as electives ('cause they are) and take the ones that you want to take.
This post was edited on 10/12/17 at 5:02 pm
Posted on 10/12/17 at 6:50 pm to zdt
FIN 701 exam DONE! And with that, I am ready for graduation in December. I don't think it'll hit me until I see "Conferred" within the next 2 weeks but what an amazing feeling right now.
I would be remiss if I didn't acknowledge the wonderful contributions and insight that so many great posters in this thread have provided. Special thanks to: Paul Allen, socal, lsusports, Winchester, brentb, AstroTiger, and Jeaux Cool. Y'all have been a great source in this thread and if you walk in December like me, I look forward to shaking hands with each of you.
To the new crop: keep the tradition going and keep its integrity up. It deserves as much. You got next and it will fly by before you know it. Class of 2017,
I would be remiss if I didn't acknowledge the wonderful contributions and insight that so many great posters in this thread have provided. Special thanks to: Paul Allen, socal, lsusports, Winchester, brentb, AstroTiger, and Jeaux Cool. Y'all have been a great source in this thread and if you walk in December like me, I look forward to shaking hands with each of you.
To the new crop: keep the tradition going and keep its integrity up. It deserves as much. You got next and it will fly by before you know it. Class of 2017,
Posted on 10/12/17 at 7:59 pm to 9BREES9
9BREES9, a big Congrats to you!!! What a great feeling. I've got one more class to go - FIN 730 - and then I'll be marching with you in December!
You've been a huge help to me along with the rest of the gang you mentioned. I can't imagine going through this program without this forum.
You've been a huge help to me along with the rest of the gang you mentioned. I can't imagine going through this program without this forum.
This post was edited on 10/12/17 at 8:01 pm
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