Final Exam Survival Guide Final Exam is Finally Here A Negative Approach OR A Positive (and Desirable) Approach Rule #1: Study Hard Enough 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) 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. Rule #4: For Concepts Spend More Time on Darn Important Points Rule #5: Be Confident Dont 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. 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 Organizational structure and jobs Rule #5: Be Confident (contd) 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. Misunderstanding #1: One can't run before one learns to walk Rule #5: Be Confident (contd) 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. Misunderstanding #2: Numbers tell a lot, but not everything Rule #5: Be Confident (contd) 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. And Good Luck. Three Little Career Advices 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 Tip #1: Listen to Yourself Passion Like Passion Interest Passion = Persistence + Sacrifice + Feeling good + Benefiting yourself (and hopefully others) 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 Tip #2: Aim High, Achieve More 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 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 Isu tori game ( ; a.k.a. musical chairs) Poker odds Further reading: Francesca Gino & Gary P. Pisano, Why Leaders Dont Learn from Success, Harvard Business Review, 2011 (April) Tip #3: Make Meaningful Failures Everyone fails at something at some point. Tip #3: Make Meaningful Failures