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Final Exam Survival Guide. Final Exam is Finally Here.

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Presentation on theme: "Final Exam Survival Guide. Final Exam is Finally Here."— Presentation transcript:

1 Final Exam Survival Guide

2 Final Exam is Finally Here

3 A Negative Approach OR

4 A Positive (and Desirable) Approach

5 Rule #1: Study Hard Enough

6 Rule #2: Be Strategic  35 Questions in 90 minutes Ch6: T/F 3 Qs (1-3) + Multiple choice 10 Qs (10-19) = 13 Qs in Total (10 calc) Ch8: T/F 3 Qs (4-6) + Multiple choice 8 Qs (20-27) = 11 Qs in Total (5 calc) Quality Management & Six Sigma: T/F 3 Qs (7-9) + Multiple choice 8 Qs (28-35) = 11 Qs in Total (6 calc)

7 Rule #3: For Calculations – Repeat Things with Formula Review  Practice in-class examples until you feel comfortable.  Do this with your own hands.  Check and track your problem solving time. This will help you be familiar with real exam setting.

8 Rule #4: For Concepts – Spend More Time on “Darn Important Points”

9 Rule #5: Be Confident  Don’t be freaked out by quantitative stuffs (and calculations).  Numbers are one of the most efficient forms to record and convey tons of information among others developed by mankind.

10 Rule #5: Be Confident  You cannot run away from it, anyway.  Quantitative approach is central to most of all business areas.  Arguments based on quantitative approach are a way more persuasive than others (e.g. the ones based on soft skills).  Job security

11  Organizational structure and jobs Rule #5: Be Confident (cont’d) Work Portion (Relative) Position - Newbie - Staff - Associate - Ast. Mgr. - Sr. Assoc. - Manager - Sr. Manager - Director - Sr. Director - Gen. Mgr. - VP - And beyond Quantitative, Problem-Solving, Details, Etc. Qualitative, Strategy, Big Picture, Etc.

12  Misunderstanding #1: One can't run before one learns to walk Rule #5: Be Confident (cont’d) Work Portion (Relative) Position - Newbie - Staff - Associate - Ast. Mgr. - Sr. Assoc. - Manager - Sr. Manager - Director - Sr. Director - Gen. Mgr. - VP - And beyond Quantitative, Problem-Solving, Details, Etc. Qualitative, Strategy, Big Picture, Etc. Qualitative, Strategy, Big Picture, Etc.

13  Misunderstanding #2: Numbers tell a lot, but not everything Rule #5: Be Confident (cont’d) Work Portion (Relative) Position - Newbie - Staff - Associate - Ast. Mgr. - Sr. Assoc. - Manager - Sr. Manager - Director - Sr. Director - Gen. Mgr. - VP - And beyond Qualitative, Strategy, Big Picture, Etc. Quantitative, Problem-Solving, Details, Etc.

14 And Good Luck.

15 Three Little Career Advices

16 Tip #1: March Toward Where Your Passion Lies" “Listen to your own voice, to your own soul. Too many people listen to the noise of the world instead of themselves.” Leon Brown Baltimore Orioles & New York Mets

17 Tip #1: Listen to Yourself

18

19  Passion ≠ Like  Passion ≠ Interest  Passion = Persistence + Sacrifice + Feeling good + Benefiting yourself (and hopefully others)

20 Tip #2: Aim High, Achieve More “If you're bored with life, if you don't get up every morning with a burning desire to do things – you don't have enough goals.” Louis Leo "Lou" Holtz College Football Hall of Fame Inductee

21 Tip #2: Aim High, Achieve More

22 “I was once asked if a big businessman ever reached his objective. I replied that if a man ever reached his objective, he was not a big business man.” Charles Michael Schwab First President Bethlehem Steel Corporation

23 Tip #3: Make Meaningful Failures "If your uniform isn't dirty, you haven't been in the game." Ben Shalom Bernanke, Ph.D., at 2013 Princeton Commencement Speech

24 Isu tori game ( 椅子盗りゲーム ; a.k.a. ‘musical chairs’) Poker odds Further reading: Francesca Gino & Gary P. Pisano, “Why Leaders Don’t Learn from Success,” Harvard Business Review, 2011 (April) Tip #3: Make Meaningful Failures  Everyone fails at something at some point.

25 Tip #3: Make Meaningful Failures

26 www.linkedin.com/in/myungkyo


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