1 Month Down, 11 More To Go…

I didn’t realize until I started writing this blog that I have already completed a whole month of my MBA.  A very busy month that went so fast I barely noticed it going. Before completing my Foundation Week, which was my first week in the Smurfit School of Business, I was a nervous wreck. The idea of meeting people from other nations was nerve racking especially as I had forgotten how to “speak” after working as a software developer for over 7 years. The idea that I had to talk, network and make sense was just too stressful.

Well then why did I choose to do an MBA? To get speaking, and boy have I spoken a lot since then. I will admit that the struggle was real! Irish accents are a lot harder to comprehend than I had initially thought. The Irish pace of speaking is a total contrast to mine. What caught my attention was the way they spoke words like ‘a-bu-t’(about) and ‘ha-au’(how). I found it extremely funny for the first couple of days and I just couldn’t get over it, haha!

Hmmm… so far we have learned a lot and much to my surprise I have already given 4 presentations in the first month alone. Am I now a confident public speaker who can speak on any topic; Nope! It takes time, but trust me I have come quite a long way from where I began, and to know that I still have 11 more months to complete, I am sure that I will have my own talk show by the end of it.

The study group is another experiment, where I, a north Indian, need to complete assignments with American, Irish and south Indian (it is not the same!) team members. This was not a comfortable thought for me at first, however, as we started to work together, I learnt that despite obvious differences between us there were also a lot of similarities. Especially in terms of how each one of us struggled to cope with the pressure of just too much to do in too little time. This made us understand each other and bond more.

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What has truly started to make sense to me is that with good team work and good time management you can achieve a humongous amount! Interestingly, this lesson has also come from my personal experience of travelling daily for at least three hours. I am only able to keep up with my assignments due to good time management and the team work at home between my husband and I. You might be surprised to know that even though my first month in UCD was anything but relaxing, I am very excited to experience what is coming next.

Nadisha Garg, Full Time MBA, 2017-2018

Week Two 2017

“Hell Week” 5 days of cold, wet, brutally difficult operational training on fewer than four hours of sleep. Hell Week tests physical endurance, mental toughness, pain tolerance and your ability to perform under high stress. Above all, it tests determination and desire. This is the first training week for the NAVY seals, and the Smurfit MBA foundation week wasn’t far behind.

OK, so maybe I’m being a tiny bit melodramatic, but I did find Foundation Week challenging. Even though I lost my faith years ago, I was nearly tempted to say a little prayer that they would go easier on us in week two.

Over the weekend I checked my time-table for Monday week two. We have just two lectures, Niamh for Financial Reporting and Damien for Marketing. Damien was our very first lecture in “Hell week” and scared the bejesus out of all of us so I make double sure I have his pre-reading done.

Monday rolls around and everything goes without a hitch. I actually enjoy it, but Damien gives us yet another assignment, will the fun ever end? Thankfully I make it through the week unscathed and things are looking up. We have the welcome dinner on Friday to look forward to.

After the dinner on Friday night we all headed to Sams Bar on Dawson Street and the drinks were flowing. The guys from India love to dance, they were up on each other’s shoulders like they had just won a general election. It was a great night and I’m already looking forward to our next night out.

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Now I’ve been informed that it’s my turn to write a blog about week two. Great, because I just didn’t feel like I had enough work to do. I thought about doing what the Scottish comedian Frankie Boyle does; locks himself away in a remote farm house, gets high on Tramadol and runs around the house in his underwear while coming up with creative ideas, but I’m not Scottish. Instead, I decide to just have a few beers and type it at my kitchen table instead (fully clothed).

If the last two weeks are anything to go by, this is going to be an amazing year. I will be travelling to Istanbul for a week in October as part of our GNAM and our class will be travelling to Singapore/Vietnam or South America as part of our study trip in March. I can’t wait! I definitely feel I have made the correct decision by doing the MBA, but only time will tell. I’ll let you all know at the end of the year.

Ian Ahern, MBA 2017-2018

 

Foundation Week 2017

In some respects, it is hard to believe that we are already a week into our MBA programme. Thinking back over the past year there have been so many experiences that felt like finish lines by themselves. Passing the GMAT, getting accepted into Smurfit Business School, wrapping up your life and work to prepare for the task ahead; every point felt like a victory.  It is only now, standing at the end of Foundation Week, that we can look back and clearly see these accomplishments weren’t finish lines but qualifications to enter the race. On your marks, get set, go!

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The real starting line came at the threshold of the grand entrance to the main hall at Smurfit. On Monday morning, one by one, eager faces presented themselves at the door and joined the growing crowd around the banks of gently flowing coffee. Everyone was happy. Everyone was aware that the people in this room would become significant in each other’s lives. When our crowd was complete, we made our way to the lecture hall to get started. We were introduced to the faces of the many helpful names we’ve been interacting with via e-mail for the past several weeks. After warm greetings from the cadre of administrators, Damien McLoughlin took over.

Damien’s presence in the room is felt by everyone. By impressions, it seems that he might have had a bit more coffee than the rest of us.  He can smell the fear in the room. All of us are a bit anxious about our very first case study class. He peppers questions around the classroom while making soft jabs. He likes some manner of sports that I, as an American, didn’t recognise; it could’ve been soccer or hurling or… who could say.  He kept turning the screw by highlighting that “his team” had beat someone else’s team in an epic victory the night before. In between the jokes and jabs are very real questions about the task at hand. I can tell you, I wouldn’t have wanted to be the one who didn’t read the case study.

After an hour and a half with Damien, we could breathe again.  We had made it through the case study and no one had died. The afternoon of the first day was much like the morning.  We spread our attention across a range of topics from Finance to the Library. We were introduced to Professor Niamh Brennan for a primer course on report writing.  I’ll talk more about her later.  I slept very well on Monday night.

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For the second day of the MBA the Executive MBAs and Full Time MBAs split up.  Foundation Week is not only about getting a peek into the programme but also it is a very small window of opportunity to quickly galvanize our team.  It turns out that if you want to accelerate team development for a group of people who are all, individually, capable of being leaders, you have to blindfold them and then tell them to hurry up. In fact, blindfolds, giant spider webs, oversized jigsaw puzzles, inner tubes, and giant Rube Goldberg contraptions were all part of the craziness of day two. Without giving too much away I will tell you that the leadership development team did a masterful job at making 30 strangers quickly feel like good friends.

The third day of the MBA was a wake-up call for me.  The voice on the other end of the phone said “Good morning, remember how you said you wanted a world-class education?  Go get it!”  After some housekeeping presentations first thing in the morning we were back in the ring with Professor Niamh. Being in Niamh’s classroom (she does prefer to operate on a first-name basis) is a bit hard to describe. If you’ve ever thought that your educational aspirations are akin to growing a garden or perhaps a sprouting tree, you might be too delicate for her class. She is an intellectual fire-hose and you had better damn well be on fire if you are going to excel in her class. Day three is a veritable blitzkrieg of Financial Reporting. The MBA cohort consists of people from every professional background, financial and otherwise. As we rounded the fourth or fifth straight hour of Financial Reporting, you could pretty clearly guess who had the chops and who didn’t based upon the looks on their faces. Personally, I looked like an Edvard Munch painting.

Let it not be said that “Graduate school isn’t all fun and games” because that is precisely what the fourth day of Foundation Week was.  Games are a great way to learn, especially for the losers. I will go ahead and tell you that I learned a lot on day four. What was the game? It was a simulation game that brought the use of financial papers into focus. A team of game-makers (a-la Hunger Games) from Germany brought their talent to the Talbot hotel, the off-site location for the day.  In a re-mixed group of Executive MBA and Full Time MBA students, we were asked to build a company.  Each member on the team became a department head of a widget factory. Sales, Process, Procurement, and Finance, the teams competed against one another to try and flip a profit. Before lunch each team felt the stinging slap of the invisible hand as too much competition drove prices to the ground. After lunch, and after a great lesson on pricing strategy and competition, each team re-entered the market and tried to claw their way back from red to green. Most teams made it. Mine did not.

As I bring this post to a close I confess to you, dear reader, that there aren’t 1000 words in any language that could’ve done justice to describing the experience of Foundation Week at Smurfit Business School. But, I would like to offer a two-word description of the final day of Foundation Week as a gold-letter promise that the MBA programme is going to be everything we have hoped for: professional development. On Friday we discussed how to be better listeners, how to understand people better and, most importantly, how to be better communicators. We began the process of being better public speakers. The lessons on Friday made me realise that when this race is over, and I cross the finish line on graduation day, I won’t have merely learned – I will have evolved.

Thomas Strimbu, MBA 2017-2018

A Crash Course in the Icelandic Fishing Industry

In early summer 2017, the Full Time MBA class and first year EMBA class travelled to Reykjavik, Iceland for Smurfit’s first MBA International Consulting Project.

As part of the MBA capstone, the FTMBAs, joined by some of the Year 1 EMBAs, went to Iceland to complete a week-long consulting project with Icelandic companies. Our team worked with Skaginn 3x, a food processing equipment producer that focuses on the fishing industry. As an island country with a population of approximately 300,000, the fishing industry plays an important role in the Icelandic economy. The week in Iceland was for our team a crash course in the fishing industry, as we had limited collective exposure to it beforehand.

Our consulting project for Skaginn 3x focused on their Sub-ChillingTM product, a technology that creates significant innovation in the fish processing industry. This product brings sustainability and environmental benefits to fish processors, and we were asked to develop a recommendation for how Skaginn 3x could leverage those benefits to help customers gain access to government funds or grants that would make the technology more affordable for them.

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In order to complete this project, we applied frameworks that we learned in competitive strategy, we conducted interviews with industry experts in Iceland and in Ireland, and we did an extensive amount of research during the three days we had to prepare our presentation. On the final day, we presented our findings, along with an action plan for how Skaginn 3x could further develop our research.

As an added bonus – our company was based in the beautiful Ocean Cluster House – a marine innovation centre located by the harbour in Reykjavik. This building was filled with a number of companies that worked in the marine or fishing industries, and offered beautiful views.

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After making our presentation on our last day in Iceland, our team rented a car and headed out to see the Golden Circle. We got to see a geyser, a waterfall and eat some delicious ice cream, while running into other MBA teams at every stop! As we took in the beautiful views, we were able to share our experiences and talk about our projects with our classmates, bringing the Iceland trip to a wonderful close!

Laura Shumaker, FTMBA

The End of Exam Life?

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As we move through the last set of our exams for Semester 2, I sit back and wonder. These will complete the exams we have to take for our MBA, so … is this the end of my exam life forever?

Having left college in 2003 I always figured that I would end up doing further education at some point. So I never thought of those as my last exams. However, having gotten up from my child-like seat in the cavernous exam hall on Saturday, after squeezing all my knowledge on financing new ventures in to a booklet for the previous 2 hours, I think I might have actually sat the last exam of my life.

Now this isn’t a lament on the differences between rote learning and whatever the other type is. I have been pretty successful in the Irish exam system which I feel sets a high benchmark for success and gave me great technical knowledge that I leveraged in my professional career internationally. This is more the realisation that after an MBA I don’t think there is much more additional education one can pursue to advance your career. True, there are other exams such as the CFA or Series 7 if you want to be an analyst (and there are probably more that I haven’t even thought of). But they are all career specific and not of the lecture/exam format that we love so much.

This is just one more thing to realise whilst doing an MBA; that it is the culmination of a lifelong learning journey. The first exam I can remember sitting was over 30 years ago, as a 6 year old, and I sat exams every year for the next 20 years. I liked exams so much I decided to take the scenic route through my undergrad and stay for an additional year so that I could enjoy the exam experience a few more times!

When I look at the paragraph above I only now realise the sheer volume of exams I must have sat so far in my life. So it is probably high time I do say goodbye to exam life. The path that we take through life and on the road to an MBA takes many forms, but we all have endured the unenjoyable (or enjoyable, if you’re masochistic) experience of exams. This is a global common bond for all students and I guess, like everything, it has to come to an end at some point.

So it is there in an exam hall in the RDS Simmonscourt, on Saturday 13th May 2017, that I close a large chapter in my personal journey – and that of EXAM LIFE.

Traolach O’Connor, Full Time MBA 2016-2017

Finding Value in Diversity

As we enter the summer term of the full time MBA programme, I have come to realise how much diversity I, and my classmates, have been exposed to over the past nine months.  Before I decided to undertake an MBA, I had heard some MBA graduates mention this point about “diversity” but I had underestimated the learning experience that diversity can offer.

In an MBA, diversity takes on many forms.  Firstly there’s the diversity found within the cohort itself.  This is a combination of cultural diversity (in our full time cohort of 32 students there are 10 nationalities), there’s age diversity and indeed diversity in our educational backgrounds and experiences!  The result is a multitude of perspectives that contribute to some very thought-provoking classroom discussions.  Coming from an engineering background myself, I have really enjoyed learning about other people’s previous work experiences and pre-MBA careers in various fields such as marketing, e-commerce, finance, IT and the entertainment industry. It has also helped me to realise how valuable diversity can be when it comes to problem-solving.

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Secondly, the vast range of modules also presents another element of diversity.  From accounting, financial analysis, economics and strategy to negotiation skills, ethics and executive decision-making!  The volume of information is over-whelming but the skills obtained will not only be relevant to our future careers, but will be also be helpful in others areas of life, whether one realises this at the time or not!

Thirdly, the prospects we’ve had to immerse ourselves in, outside of the classroom, pose yet another realm of diversity.  An international learning module to Japan and South Korea in March provided a unique opportunity to learn about new cultures, about doing business in Asia but also to get to know our part-time MBA classmates.  I was also lucky enough to travel to Yale for the Integrated Leadership Case Competition in April, with three other classmates.  This trip enabled us to meet other MBA students from 12 different business schools around the globe.  Over the course of three days in Yale, it was refreshing to see how all students were genuinely interested in one another and embraced the diversity around them by exchanging anecdotes about their MBA experiences and offering each other helpful advice regarding post-MBA decisions.

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To complete the international experience, we still have a week in Iceland to look forward to, where we will be working as consultants for a number of different companies.

For me, it took time to realize the value that all this diversity could bring, and I believe that I will continue to see its benefits over the coming years, in both my career and personal life.  I am certainly more open now to looking at things with a different lens, than I was nine months ago.  With this in mind, my advice for anyone considering undertaking an MBA is to truly consider its significance, not only from a career standpoint but from a non-career perspective too.

Aisling O’Halloran, Full Time MBA 2016-2017

Celebrating Lunar New Year in Dublin

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On February 2nd 2017, our Vietnamese study body organised a warm celebration of Lunar New Year with international students, Irish families with adopted Vietnamese children and members of the Vietnamese community in Dublin.

Lunar New Year is a very meaningful occasion for many Asian countries such as China, Korea and Vietnam, etc. In Vietnam, Lunar New Year is called Tet, which means the ‘feast of the first morning of the first day’. Tet is an important occasion for family reunions, when we cherish the success of past year, let the troubles go and look forward to happiness, success and good fortune in the upcoming year.

Quiz contest about Vietnam’s facts
Quiz contest about Vietnam’s facts

As an organising member, I was glad to see many international students interested in the event. We welcomed over 300 guests despite the heavy rain over the whole day. All the efforts spent over the last 3 months seemed to be rewarding when we engaged with participants through traditional games, when international students enjoyed and took pictures in our traditional dresses or when they attentively watched the performances. Looking back, I was reluctant to take the role as Event Director due to a heavy schedule in the first semester and unfamiliar study environment. But now I felt all the experience I had was such a great one. There were moments of tension the ‘ brain-storming’ stage, yet we had gone a long way to learn how to be flexible in our plan, to be appreciative of each other’s ideas, to give more than to take and to put ourselves forward.

Myself in ‘ao dai’ - traditional dress
Myself in ‘ao dai’ – traditional dress

When I first landed in Dublin 4 months ago, I was impressed by a small little thing – signage. All are written in English and Gaelic. Although nowadays, Gaelic is becoming less popular among young people, the presence of Gaelic in almost all public areas is such a great reservation of culture and traditions. Recent years in my home country have seen debate over whether Lunar New Year should be combined with New Year holiday in the Gregorian calendar. Advocates would point to economic loss and overspending during such a long holiday. For me, I still hope that every year we will still celebrate Lunar New Year and that our people will never lose tradition because of a so-called cost-benefit analysis. Simply, globalization and revolution are not to be carried out at the expense of intrinsic values. 

Should auld acquaintance be forgot, and never brought to mind?

 Khanh Nguyen ~ Full-Time MBA