Negotiations

This entire post is dedicated to one class, because it is just that awesome. As an SMF, you have the opportunity to take classes outside of Finance. Negotiations is one of them. Take it. Absolutely, under any circumstances, sign up for this. It is taught by either Professor Lount of Professor Lewicki. I currently have the night class with Dr. Lewicki. I could go on and on about Dr. Lewicki’s achievements in the field of negotiations, but I will stick to the class.

I hate night classes. Simply put. There are hundreds of things I would rather be doing at the end of March from 6-9 at night and I am sure most of you feel the same way. Negotiations happens to fall in this category of things I would rather be doing. This is one of the two most engaging classes I have had at Fisher (Dr. Wruck’s Corporate 3&4 are the others). Almost every night you are participating in some sort of negotiation. You have free reign to stretch the truth, never reach a deal, anything. The thrill of winning a negotiation, even with fake money, is something that is hard to compare with. This class also gives you the opportunity to work with Working Professional MBA’s, Full-Time MBA’s, JDMBA and MHRM students. With this in mind, you know you will never be negotiating with someone of the same background or goals.

I will warn you. You might look up after laughing, cheating, and lying in your negotiation to the point where you will enjoy it so much, that you actually might be a little depressed that you have to leave for the night. The 3 hours in negotiations passes by entirely too quickly, to say the least.

The Saga Continues…

Spring Break has finally rolled around! It is 70 and sunny here and I cannot wait to spend half of the week outside 90% of the time. However, just because Spring Break is here, it does not mean that you can slack on your responsibilities. This definitely includes your SMF team project. A few days of your Spring Break should be devoted to working on really diving into your team project and getting a head start.

We have successfully navigated through our initial consultation with the help of Prof. Bob Lane. We determined the scope of our project, the deliverables and the communication we should engage in with our company. It really is a great experience for those who have no work experience, as well as those who have previous work experience and are looking to get back in the work force after graduation.

BUT…To the great news…

I can say with uncertainty now, that these team projects do present you with a gateway to showing your company what you are capable of and can give you the opportunity to interview with your company. I guess Friday I will see if I can continue in the interview process!

Winding Down…On to the Consultation Saga

As the end of the first term has come to a screeching halt, it is hard to believe that graduation is only a couple of months away. The feeling is bittersweet to say the least. While I am dying to graduate and put my new skills to the test, I have made plenty of friends that I will miss when we all go our separate ways.

Nonetheless, this last semester is extremely important to all SMF students. You will finally participate in the coveted team projects. This is a staple of the SMF program. All SMF students participate in a team project in the final term of the spring semester. This project is very much like a consulting project. You are given multiple projects to rank and then you are assigned these projects based on a multitude of factors. These companies include Nationwide, Wells Fargo, Owens Corning, The OSU Wexner Medical Center and many more.

I was lucky enough to get The OSU Wexner Medical Center, which was my first choice! I will be working with 2 classmates to develop a model that helps them determine whether it is more beneficial to outsource or make in-house. Our first meeting with our client is within the next few days so stay tuned for the next edition in the Consultation Saga!

Guess Who Came to Speak at Fisher?

So, I’m not name dropping or anything…

BUT….

Jamie Dimon came to The Ohio State University.

This is Jamie Dimon talking to the OSU football team
This is Jamie Dimon talking to the OSU football team

 

Due to the stature of Jamie Dimon, this event could not be released before his visit. Jamie Dimon came to address our SMF Corporate Finance 3 class taught by Karen Wruck. (Other students were allowed to attend if seats were available.) It was very interesting to listen to all that Mr. Dimon had to say. He reads about 5 different newspapers every morning and is constantly reading everything else and just soaking in knowledge. He spoke to not only working hard, but working smart. He also noted that he likes to talk to an expert in whatever he is interested in learning more about, because listening to him/her for 10 minutes is worth more than hours of reading.

Fisher tends to bring in quite a few of amazing speakers, such as the CEO of L Brands, Les Wexner, and the CEO of Cardinal Health, George Barrett. Last year students even flew to meet with Warren Buffet. Who wouldn’t want to play guess who and see who will be here when you come next year?!

Pizza, French Fries, Pizza, French Fries

I bet you thought this post was going to be about food. Well… It’s not. Although pizza and french fries do sound pretty good right about now.

 

There are two ski resorts within an hour of Columbus. How awesome is that? This is one of the reasons I love Columbus, and picked Fisher. Mad River Mountain is about 45 minutes northwest of Columbus. This is where I do most of my skiing. I have a pass that allows me to ski one day a week (all you need with classes all week), and it was only around $200. If you are a skier, you know how cheap that is. For the price, this place is pretty awesome. This coming weekend there is going to be music and an airbag to land on. If you do not know how this works, you pay $25 to land on an airbag which allows you to try all the tricks you are too scared to do on the snow.Also, Friday is college night, so with your BuckID you can ski all night for $15. They also have nice deals on pizza and drinks on Fridays, too. Last, but certainly not least, there is a snow tubing park. This place is awesome, especially for those who hate skiing/snowboarding, or just have no idea how.

Snow Trails is located about 45 minutes north of Columbus. While I have never been here, others in the office have and say very good things about this resort as well. This resort has much of the same perks as Mad River. They have deals and promotions,snow tubing, bands playing on the weekend, competitions, lessons, beginner’s area, and many other awesome things.

All in all, no matter where you go, you are still being able to enjoy a family friendly environment while kicking up powder!

Airbag Tricks

Snow Tubing Night Skiing

 

Just remember if you are learning to ski: pizza, french fries, pizza, french fries!

Shape your degree

One of the best things about getting a Master in Finance degree at The Ohio State University is the ability to shape your degree in any way you want. Aside from being in your available electives for your specialization, such as, Corporate Finance 3 & 4, Financial Statement Analysis, Enterprise Risk Management 1 & 2, etc, there are many other classes you can take to further your knowledge in specific area. For instance, I am taking Managerial Accounting for Decision Making. I plan on pursuing a career in Corporate Financial Planning and Analysis when I graduate. Because of Fisher’s ability to let you branch out, you can take classes in many other areas such as strategy, accounting, operations, and many others. If you feel it will benefit you and your career search, Fisher can probably make it happen.

With these classes, I was able to mold my degree into exactly what I want. I am taking a few accounting classes (Financial Statement Analysis 1 & 2 and Managerial Accounting for Decision Making) to further my knowledge in accounting to become a better analyst. By being able to read financial statements, understand managerial accounting (contribution margin, pricing, budgeting) and understanding the past performance of the company, I can better understand what has and hasn’t worked and more accurately project the future and improvements. I am also taking negotiations with Prof. Lewicki. Negotiations, while it may not benefit me much now other than negotiating my salary and benefits when accepting a job (which is reason enough), will allow me to become a better CFO or manager when I take part in acquisitions or anything else that requires me to negotiate a price with a seller, supplier or whoever it may be.
In the end, being able to mold your degree will help you to mold your career…….which is why we are here, isnt it?!

The North Market

One of the staples of Columbus is the North Market. The North Market is basically a farmer’s market, and a fantastic one at that. You can buy fresh salsa (AMAZING), fresh fruits, homemade chocolate, homemade bread, different cultural foods, homemade popcorn, and fresh spices.

Spices Salsa

 

I would like to touch on the salsa and spice shops. The salsa shop has a vast array of salsas, hot sauces and a few other things. The salsa is the best I have ever had. I usually like salsa with a kick, but I have taken a liking to roasted garlic and mild salsa. Both of these are very sweet and VERY good.

The spice shop is by far my favorite, though. The spice shop has a vast array of spices. Most of the spices do not contain salt which keeps them from being “diluted.”  These spices are very potent and very good. A recipe for chili I had called for 2.5 tablespoons and 1 tablespoon was more than enough. Their chili seasoning has won multiple contests. They also have extracts, peppers, sticks of cinnamon, etc. What you can buy and the combinations are almost endless.

A full list of vendors can be seen here.

I highly recommend visiting this place!

A November Treat

“A snowball in the face is surely the perfect beginning to a lasting friendship.” 
― Markus ZusakThe Book Thief

 

One of the misconceptions about Ohio and snow is the need for there to be unbearable temperatures and for it to be just down-right cold! Well, I got hit in the face with a snowball today and found a lasting relationship with Columbus. I looked outside and thought, “UGH! Snow…”

Now this looks cold!
Now this looks cold!

Then…

I walked outside and thought it’s not even cold, and the snow is actually snow and not ice and slush and all the other nasty things that make me hate winter. Coming from the south, I thought this experience would be an awful one, but I am in love with this weather.

Fisher

Doesn't even look cold!
Doesn’t even look cold!

 

Other than the weather not being nearly as bad as I thought it would be, you can see 3 of the 5 buildings at Fisher in the pictures above. One of the best things about Fisher is, I can get to all 3 of these buildings through temperature controlled underground tunnels.

Yes… You read that correctly. There are underground tunnels at Fisher. I can go to Mason Hall and get a hot chocolate or coffee and walk back to class without ever stepping outside.

I can definitely say that when I was hit in the face with the snowball this morning, it made a lasting relationship. I cannot wait for the months to come in Columbus and at Fisher!

 

 

Bulls vs The Return of the King

Being in Columbus, one would assume that all sports-related events revolve around Ohio State. Although that is true for the majority of the year, Columbus is also home to the NHL Blue Jackets. And the Cleveland Cavaliers usually play one exhibition game right before the start of the regular NBA season in Columbus at the Schottenstein Arena.

Bulls vs The Return of the King: Or shall I say, the D Rose dominating the court. October 20th, the Schottenstein Arena hosted the Cleveland Cavaliers and the Chicago Bulls. Even though this was a preseason game, the Arena was packed in hopes of seeing LeBron, K Love, and Kyrie taken the floor and play D Rose and the Bulls. A group of us from the SMF program had very good seats and took advantage of the festivities by showing up about 3-4 hours early. There was tents for free Cavs t-shirts and places to play basketball and eat. Quite a few people were down on the court meeting LeBron, D Rose, and K Love.

Warming up D Rose LeBron

While the scene was not near as exciting as it was in LeBron’s return home for his first regular season game as a Cavs, again, it was definitely buzzing with excitement.

Walk outs

 

The game itself was exciting until the Cavs pulled away in the 3rd and 4th quarter, but Derrick Rose kept it interesting for as long as possible. Derrick Rose ended the night with 30, as the Bulls fell short by 9. The surprise of the night was Anderson Vaerjao who put up 22 points and 8 rebounds. Kyrie had 28 points while LeBron only had 18. The most interesting part of the night was in the 4th quarter during LeBron’s curtain call. The place erupted as he came off the court.

With events like seeing LeBron play without even having to drive to Cleveland, who wouldn’t want to come to Columbus?!?!

Food Perks Around Fisher

One of the perks of constantly being on Fisher’s and Ohio State’s main campus is the multitude of places that deliver food. Once I find a place I love, I usually do not go anywhere or try anything new. Being a student ambassador, I am constantly looking for places to deliver while I am working. Since not many places in Arkansas delivered, I stuck with Jimmy Johns for starters. The subs are fantastic and the food is delivered in like 5 minutes. I usually get this amazing ham and turkey sandwich with bacon.  If you are looking to go outside the box a little, I would advise my new favorite place, Currito (known to me as burrito with a C). This place is FANTASTIC and also reasonably priced! For $10 I can get a burrito bowl exactly how I want and a strawberry banana smoothie! Their slogan, “Burrito without Borders” fits them perfectly. You can get anything you want on your burrito, or burrito bowl, within reason. While the delivery time is a little slower, it is DEFINITELY worth it.

Burrito...with borders in this case
Burrito…with borders in this case
By the time you finish reading this, the freaky fast delivery will be at your doorstep
By the time you finish reading this, the freaky fast delivery will be at your doorstep

Now to the splurge meal that gets its own paragraph. Adriatico’s is like a little slice of heaven…more like a big slice, actually.  During my visit last year, I experienced the perfectness that is Adriatico’s. No pizza I have ever had even comes close, and they have specials constantly for college students. For instance, on Sundays with your BuckID, everything is 20% off. On Mondays and Tuesdays, as well, large pizzas are $12.55.

Best pizza on EARTH!
Best pizza on EARTH!

 

I honestly would be able to imagine life and Fisher without these three places. When Mother Teresa said, “If you can’t feed a hundred people, just feed one,” I wonder if she knew this would be my life story, constantly feeding myself delivery at Fisher…hmm….