Bursting the MBA bubble

Our International Study Trip ‘Doing Business in International Markets’ brought us to Singapore and Hanoi with visits to a number of organisations including Citigroup, Amazon Web Services, Caterpillar as well as the Irish Chamber of Commerce in Singapore and the Embassy of Ireland in Hanoi. We had the chance to listen to senior executives of both local and expatriate backgrounds, including a number of Irish expats. The focus was on how they succeeded in business, with insight into the cultural nuances, adapting to the country and the way things are done. We travelled as a large group of both full-time MBA and Executive MBA students together with Professor Patrick Gibbons and Roisin O’Loughlin from UCD Smurfit Business School. Much of the advice and counsel focused on building relationships and the need to invest in and nurture those relationships. Culture, language and traditions may vary in different parts of the world but people still value people who have shared ambitions, ideas and values.

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*Picture by Eoin Carroll

Singapore oozed sophistication, calm and control with their increasingly wealthy economy and well developed infrastructure.  Hanoi’s frenetic energy couldn’t have been a greater contrast with the noise and excitement and vibrant night life as we drove to our hotel on arrival. We spent a lot of time together; travelling, visiting companies, eating, sightseeing, shopping and even some socialising.

The intense goldfish bowl of the MBA means you spend a lot of time in each other’s company, at lectures, group work, social events and in both structured and ad-hoc meetings. Having come together just six months previously we soon found ourselves spending much of our lives in each other’s pockets. Almost all the deliverables are developed as group projects so that, not only is the MBA an accelerated learning experience covering the academic content, but you build strong relationships with your class.  We see each other at our worst, but also at our best; under pressure when numerous assignments are due at the same time; trying to understand a subject that may be completely out of our comfort zone; sharing the expertise in the class and, with the collective efforts of the whole class focused on a weekend deadline -and a large pizza delivery needed to sustain us through the night. There is the immense satisfaction of achieving those deadlines with seconds to spare, supporting each other through presentation after presentation, asking the right questions and applauding appropriately; celebrating exam survival and success, and, of course, some days it is just about keeping each other going and helping each other make it to the next deadline. And even after all that time spent working so closely, many of us chose to extend our International Study Trip and spend a week’s holiday together afterwards.

As we listened to our international business colleagues talk about the importance of relationships in their different corporate environments, it may be worth reflecting on what we have achieved ourselves. Our class has become our primary network, our support network and our current, and no doubt, future career network. With such an international class, our networks are far-reaching; future business leaders, future business partners, mentors, business confidants, coaches, friends; those who can help us make the next biggest decision. Travel broadens the mind, widens the experiences, and helps us learn from international colleagues. But, sometimes it also makes us appreciate the international network we have built for ourselves in such a short time.

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*Picture by Eoin Carroll

Lucy MacAuley, Full Time MBA 2018-2019

The Run From Singapore To The Oratory

Although there are a couple of actual marathon runners in this year’s batch, I think it is safe to say we all, in a way, have been getting the hours in for a different kind of marathon. Coming out of a GNAM week which was packed with new people, new locations and new experiences and finding ourselves in a hurry to study for the first exam of the year sure felt like running 42k. Travelling the farthest away from home, that is Smurfit Graduate School of Business, to a tiny little island called Singapore with a total of 28 hours spent in flight, we weren’t only thinking about the things we would get to see but also thinking about the cash flow statement question on the Financial Reporting exam that we were going to be facing immediately after the return flight home.

It was very exciting to set foot in a southeast Asian country for the first time and the excitement really doubled after seeing the renowned Marina Bay Sands Hotel from a distance. It instantly led me to question what our hotel would look like in comparison to this shrine to engineering excellence and infinity pools. At this point in the cab, I turned to my colleague Mr. Condon and asked for a begging confirmation, we will have a pool, right?

…And yes, we did.

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I didn’t pack my bag for Dublin having thought of the possibility that I would be exposed to a 35 degrees Celsius heat with a small but effective touch of 95% humidity somewhere along this exciting year. I guess it was clear that we were a little under-prepared that Monday morning, which marked the first day of lectures, with both of us in the Smurfit GNAM Party sporting the only jackets in the country. Oh well… Most importantly I had already went out to buy swimming shorts as soon as I had set my bags down in room 1104 in a crazed rush the day before.

The days passed by in a hurry. Starting with a warm welcome breakfast, going through to the eye opening first lecture about emerging markets in Asia, how we didn’t know what to do with them and how Prof. Pasha was able to teach us through a fascinating case study. Having completed the city tour, provided by the National University of Singapore,  we saved the Marina Bay Park and the illustrious mega trees for later. All the while getting to know people from Nigeria, Trinidad Tobago, Costa Rica and Indonesia, listening to exciting travel/vacation plans of the group coming all the way from Mexico and catching a familiar feeling with fellow Turkish students visiting from Istanbul.

After a full week of learning about Asian markets and the logic behind Singapore’s rise to being one of the most prominent countries in the current financial markets there was still a question as to why a beer would cost double that of in Dublin. I mean they had breweries, they weren’t importing. I know because we had a refreshing visit to the birthplace of the famous Tiger Beer. Maybe it was because there were a lot of taxes attached to it in order to provide for the outstanding growth and keep everybody in the island working without compromising efficiency due to alcohol related hiccups… or maybe it was just because the common folk, with all that wealth, were able to actually afford it.

Still thinking of the Indian food that I enjoyed with our new friends on Diwali (Deepawali as Singaporeans call it) night, which was celebrated in great fashion in Little India, we embarked on our journey back, with cabin bags full of strategy cases and past exams courtesy of Mrs. Brennan.

Despite having the longest flight of my life and experiencing Singapore for the first time, the marathon wasn’t over yet. Even though we didn’t choose Singapore Airlines, which we had had the opportunity to learn everything about during our GNAM Week, there were still a lot of choices for movies on the screen in front of us. Unfortunately thought there was  no time to waste as we were returning back to our first exam this year. I opened up the books, which held the keys to financial reporting, all the while catching curious, questioning looks from people wondering what important things I must have going on instead of watching the latest Spiderman movie. I’m sure Pete can relate to this, having caught the same flight as I did. Eventually closing my eyes for a quick nap towards the end of the flight, I felt like I opened my eyes in the oratory-turned-exam hall finishing that unconventional 3rd question.

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As I look back on the past two weeks, I feel that we passed important milestones in our MBA run. These accumulating experiences lay the roots of our academic and also introspective trees growing ever so slightly each time we leave a comfort zone behind. Still the marathon continues and I am grateful for the opportunity to be here, experiencing challenging sprints that are tasks and deadlines. To conclude, I would like to congratulate all my colleagues that powered through these last weeks and wish them well for the upcoming figurative 42k’s. And for those who are curious: Those “trees” at Marina Bay are just amazing.

 

Emrecan Kercek, Full Time MBA 2017-2018