Classes, baby!

Until my first class, I never realized that I was back at school. Here's what transpired:

1:30 - in class, just in time...!
1:35 - professor starts introducing himself and the course
1:38 - dozing already...

Just kidding. It wasn't that bad, though you'll be hard-pressed to make a good case for me NOT to doze in Corporate Finance. Anyway, it was remarkable that I could have really used this first class in my case work during the summer.

Next up was Negotiations. Again, I could have used the first class material in my summer case. This is going to be a pretty good class. In particular, the first negotiation practice was quite interesting. I'm a seller with a bottom line and my task is to negotiate with a buyer. Since I do not know his bottom line, my strategy going in was to never make the initial offer. I was going to wait for the initial offer and then assess what the buyer's bottom line might be. This was, in fact, most seller's strategy. Whatever I did worked, as I sold 2.4 times my bottom line. Back in class, however, our professor disagrees with the strategy. Instead, we should definitely offer first and make that offer an unreasonable. Thus creating expectations for (anchoring) your counterparty for a high number. This will be a good class.

This morning was Organizational Change. What I hope to get out of class is a toolkit for organizational change that I may be able to use in consulting. The first class was rather promising. Funny thing was I never planned to take the class. Only after failing miserably in bidding for classes did I end up with this class. Class discussions are going to drive the quality, and the professor seemed pretty good at moderating. And hence my three classes of the Fall quarter. M T and W. Th and F off. I think this will be okay. hehe.

I seem to have missed this one class though... would have been worth the tuition for sure.