With my Canadian vacation behind me, it’s time for Part 2 of my 6 part “Condensed MBA” series.  (Click here if you missed Part 1)  Read on to hear about first semester, quarter 2.

First Year: Second Quarter

Financial Management

Like Accounting, the biggest challenge for me was my general lack of familiarity with the vocabulary.  Getting used to a definition of “coupon” that didn’t include cutting something out of a circular was a bit of an adjustment but having Bob Taggart at the helm meant I had an understanding professor who was always available and ready to help.  So what stuck?

• Time Value of Money- A dollar today is worth more than a dollar in the future.  Understanding the basic concept and how to approach calculating it is crucial.  While I am still a little shaky on the calculation part, I have a strong enough understanding of…