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Showing posts with label Accounting 101. Show all posts
Showing posts with label Accounting 101. Show all posts

Wednesday, August 27, 2014

need for speed



Next week is the start of another semester of MBA night classes.  I learned a hard lesson last year during my first semester.  I loved my Accounting class and enjoyed the challenge of the homework and as a true nerd even loved taking the tests.  My huge mistake in Accounting landed me my first B in the MBA program (and hopefully my last!!)  I got cocky.  I was speeding through the tests and the homework with great success and I took this to an extreme with the final.  The night of the final I had an obligation to get home at a certain time (so my husband could go to work) and I let that take priority over my final exam.  I made foolish mistakes – answers that I could have fixed if I had spent more time reading through the test again.

Lesson Learned: What I should have done: hire a babysitter to watch the kids.  That would have let me stay in class as LONG as I needed and let my husband get to work on time.  Less stress across the board – doesn’t that sound nice!

This MBA program has been really interesting to take on.  I have to balance the class with work, kids, gym, friends and anything extra that gets thrown into the mix.  I know that I don’t have the time to study for 20+ hours a week.  I am ok with that – I am also ok with getting a B if I need to.  At the end of the day the grades for each individual class won’t make a difference.  The real goal for me is completion of the full program.  What drives me nuts about the scenario above is that it was under my control and I could have resolved it with a little planning ahead.  I won’t make that same mistake again. 

With the semester starting next week – I am making myself a couple promises:

·        Don’t get cocky

·        Take my time during class – to ask questions and absorb anything I can.  (The more I can get done in the class, the less I need to tackle at home.)

·        Go to weekend study groups at Panera – and don’t eat too many pastries!
 
How do you balance your time?  What lessons have you learned this year? 

 
*** in case you were wondering - my text books make a great lamp base ***

Tuesday, June 17, 2014

split personalities

I feel like two different people - I have a creative side fighting with a very analytical corporate side of my personality.  This becomes a fight because there are very few careers that meld those two things together. 

Last week I discussed one of the ways I could express my creativity with a career move.  My next option is quite a bit more practical.  I am considering being an accountant.  I have just finished up my first year in an evening MBA program and the first semester was all about Accounting (financial and managerial.)  I really enjoyed the challenge and working with numbers which was a surprise for me.  I haven't had this much fun in a math class since AP Calculus in high school.  (Yes I was a total nerd in high school - I was also the layout editor of the yearbook and the lighting person in stage crew to round out my nerdiness.)

Pros of accounting: I think the work could be fun and interesting.  I would learn more about financial statements, taxes, and how this information effects stock prices.  I would be able to see through all the fine print - like an investigator flushing out all the details of a new case.  I would clearly be a hit at all the parties.  I love the accounting jokes on Parks and Recreation.

Cons: Lose the flexibility I have in my job today.  I would have to wake up - get dressed - commute to work at an office and be stuck their until the end of the day, every day.   I have been very lucky to work from home since 2009 and I am grateful for the flexibility that comes with a home office.

While I ended my last post with the decision NOT to open an Etsy shop; being an accountant is still on the table for me.  What would you do?  Would you ever consider a career in Accounting?