Where’d you go? It’s been all silence for at least a month!
Just kidding. It’s not you, it’s me: I was busy doing busy things [read: procrastinating on studying]. So really I have no excuse for not blogging. You’d think I’d have been posting twice a day. You know, in all the time I should’ve been studying, but was clearly just examining air molecules. Did you miss me?
In other news, I just received word yesterday that I passed my written final, so that’s good news. I was on the fence about how I’d done. I wasn’t too worried, being that I’ve only ever failed one other test in my life, and it was finance and so I don’t care, because I passed the course. So there, Finance.
And now you
have get to read about that exam. Finance was my nemesis during my MBA days. It didn’t make sense, it involved math and therefore was The Worst. Accounting also involved numbers, but at least it made sense: Debits and credits, people. Cash in, cash out. Just for the record, accounting totally made me cry, too (okay, I made me cry about accounting), but it made waaaaaay more sense than finance.
On the last day of class before the finance final, we did what one does in every penultimate class and reviewed the concepts we’d covered over the previous months. Oh, waitâ€”nope, no she didn’t. My finance profÂ did NOT review anything, but instead taught one last concept: Weighted Average Cost of Capital, or WACC (and yes, I did call it “whack” in my head, feeling like I was winning by name calling).
She thought this was okay. I did not. “But Rachelle,” she said condescendingly, or what others would’ve described as encouragingly, “it’s the same as what you’ve already learned. We’re just putting it together.”
No, I thought, it is most definitely NOT the same.
“You need to understand,” she snipered (or said kindly. Whatever).
No, I do not. I do not need to understand. I need to pass. Scrape by (“scraping by” in the MBA program meant anything above a B, which was some ridiculously high percentage, like 90%. Anything less was a fail.).
I wanted to complete finance and never use it again.
I go home and
study effectively freak out because I can’t. Get. This. Thing. It makes no sense. It’s not going to be on the formula sheet, because it’s supposed to be so frigging “understandable”.
This is when Adam reminded me that I knew how to study and it didn’t include hurling myself on the sword of the thing I understood the least, but rather reviewing my strongest areas. Excel where you can and take the hit on the things you don’t get, instead of trying to ace the stuff you don’t know and then missing the stuff you would’ve known if you hadn’t wasted all your study time on the financial equivalent of the Bermuda Triangle.
This guy. He is smart. So that’s what I did. It was common sense. After all, how much could a few questions on one topic be worth? We had a whole course to be test on our knowledge.
This was good thinking. Until I got to the exam and turned over my paper. The exam was out of 35. This is never a good sign. There are a lot of points on each question. You mess up a few answers and those heavily weighted percents really start to add up. Or down, I suppose, more accurately describes what happens.
Like any good student, I flipped through so as to see the beast I was facing. And this is when I saw the one question on WACC. Yup. Just one measly little question, which is good news, right?
That one question was worth 14 marks. HOLY CRAP IF I DON’T GET THIS THEN I PRETTY MUCH HAVE TO ACE THE REST OF THE ENTIRE EXAM. PANIC. PANIC.
I wrote the rest of the exam. I was pretty sure I did okay, but I knew I hadn’t aced 21 questions. Then I stared at the WACC question. I stared at the wall. I had more than 1.5 hours left of the exam and nothing to do but cry (which I did), pray (looking upward for divine intervention/inspiration) and worry. Oh, and write a passive aggressive note about why I couldn’t answer the stupid question.
Then I went out into the hallway and burst into [more] tears. I’d failed. If I failed finance, I didn’t get to rewrite: It was one of the few classes in which a fail meant a mandatory retaking of the whole bloody course. Extra time, extra tuition and, let me be honest, I could take the course about 30 times and still not get the bloody concepts.
It was the end of the world. Seriously, I think purgatory for me would involve a never-ending finance class. It’d be a special kind of hell.
Anyway, long story made short: I failed the exam. But, let the record show that I got 17/35. Yup. One-half a percent more and I’d have ridden the pass line. So, I was pretty impressed with myself.
Oh, and I’d busted my rear on all the course work all term, so when all was said and done, my class work grade carried my failed exam score and I passed the course.