Friday, March 23, 2007

MAFIA : Managerial Finance by Aesod.


"Mr. DSL, This is not Philosophy. Finance is an exact science so please don't wiggle your way out of your predicament." This line was delivered by my professor when I was trying to justify a wrong answer. I just completed a course called FINANCE FOR NON FINANCE MANAGERS run by AESOD trainer Porky Calaquian. It was my 4th managerial finance course in my three and a half decade existence.

The first was in college since it was a major subject for my management degree at DLSU. While I did relatively well in math in college, I had trouble then with business analysis. Probably because I didn't take it seriously since getting drunk and playing basketball occupied my mind then.

The second encounter was horrible. As a then newbie manager, the company sent me to a Manager's Development Program at AIM. The professor was very good, a respected person in the academe. Unfortunately, his name escapes me right now. We were loaded with tons of case studies. It was a brain frying experience.

The third bout with managerial finance was during my masters in management days in UP. I was an average student who had average knowledge of the principles. I was focused in class 50% of the time and the other half was spent day dreaming. The class was then scheduled from 2 to 5pm hence considered the most challenging part of the day.

This is the fourth meeting. In all honesty, this is the managerial finance course were I learned a lot. I surmise that this can be due to the following: (1) this is my Nth encounter, (2) I have more than half a decade experience as a manager and (3) the facilitator is a good teacher first then a good accountant.

The AESOD trainer said she has 27 years of managerial finance experience. It seems like I have 20 more years to go to reach her stature. Happy computing!

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