We are about half way the term as we speak, and so far it has been a really busy one.
What I have learned until now, apart from various new regression techniques and strategy case studies, is that the Master studies differ in a lot of ways from the Bachelor phase.
The level of the courses has increased, the workload seems to be a lot higher and fellow students tend to be more motivated. The courses I’m currently following are Empirical Economics, which builds upon the Econometrics course from the Bachelor phase, and International Business Ventures (or shortly, IBV). We are working on a joint project between the two courses, combining the insights from International Business Ventures with the regression techniques of Empirical Economics.
At the same time we follow a weekly tutorial and lecture for both courses. For the IBV-course, we are supposed to prepare a case study every week and hand it in to the professor. In the tutorial the prof decides randomly who is to present that week, which effectively means you have to prepare a well structured and quality PowerPoint presentation for each case as there is always a chance that your group has to present.
All in all, this is very demanding and exciting at the same time. Due to the continuous stream of assignments and deadlines you are required to plan all your work well in advance, to make sure everything is done in time and is of sufficient quality.
Therefore, I find myself at school from 9 to 5 more often than not, as if I were already working a regular job and I am approaching the 40-hour study week more than ever, something I considered my worst nightmare during my Bachelor studies ;). But as I said, so far it has all been very exciting, for example dr. Pinna’s classes. His teaching approach is slightly different from other professors. He tries to bring in as much real world business examples as possible, which makes it easier to understand the theory. He also likes to joke around and provides us with practical tricks and tips. His best advice so far: when you are negotiating as a manager, always make sure to check your opponents mood with their personal secretary before you go into any talks. This allows you to alter your strategy if necessary.
Another thing that made me very exited is last night’s Bachelor graduation ceremony. Finally the time was there, completely dressed up in cap and gown, to collect my Bachelor diploma.
From now on I’m at liberty to use the title Bachelor of Science (Bsc) and in the coming months I’m going to acquire my next title, Master of Science (Msc). I hope you will all follow me on my journey to reach this goal during the remainder of this year.