3/03/2010

O.M.G

i am shocked when i go into AFF 5130's classroom, i am not shocked by the size of the classroom, but the number of people. there are about 500 or 450 seats in the room, maybe i should call it theater, and almost all the seats are taken. that is to say, there are about 400, or maybe more, students enroll in AFF 5130. that's really a lot of students. before the class, i saw Z outside the room, he is the student of applied finance. and he told me that AFF 5130 is one of elective unit of his major, and AFF 5130 is relitive easy one. well, i do not know what to say, but i heard that AFF5130 is not an easy unit for accouting. but it is the compulsory unit for accouting student. well, what should i say, we'll see about it.
the lecturer is a man with some Indian accent, sometimes i really not understand what he said. and at the beginning of the class, he introduced himself, but i was not really listening, and he said, this is a elective unit. ? i confused, then he said for financial students. oh, i see. then he said, but this is also compulsory unit for accounting student, oh , i am sure i am not going into a wrong room. after that, he started teaching, began with the example i was not quite understand the first example, because i could not recall what is the market value. and so far i have not found the correct answer. maybe i will find it later. then the second example, after he talked about it, i think...nothing...i know the share price change randomly, but still do not know why. i know there are many factors can affect share price, but i do not think this is the answer which i am looking for. after the examples, he talked about the assessments. not too much, and i do not know whether it hard or not. i hope it is not too hard. i heard it was not the easy one from F. but i am not sure F can be trusted. LOl. anyway , we will see. then go the the valuation flow chart, it is very important. and this is the clue of the unit. the purpose of this unit is valuation. of course, the name of this unit is Financial statement analysis and business valuation. i think it is a little like AFF 5050. we need to anlyse the accounting item in the financial statement, but this unit is a little deeper, it need forecasting. so far i have no idea what should forecast and how to forecast. we will learn. the Slide 13 is the important point of this lecture. after that he talked about M & A, and also some examples . i figure that, this unit also needs a lot of case study...it means a lot of reading, like AFX 5330 and AFF 5150. and to be honest, i am not quite listening the lecture in the last 10 or 5 minites, because i was a little hungry then, all i want was food, maybe i will bring some food in next lecture.

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