The week following the October Intensive week is also extremely intensive. I spent part of the week reviewing much of what was presented during the October intense week, regurgitating and chewing the composite for proper digestion and distribution to the full frame like the proverbial ruminant. The Sunday after the week was designated as a travel day. Despite a 30-minute delay, the 5:00 PM Arik flight from Lagos to Port Harcourt was uneventful, smooth, and quiet. The events of the previous week flashed through my thoughts, making significant points and sketching out a plan for the coming week. I know I have to finish this before I leap into the arms of my waiting family. The family reunion following my arrival will allow little time for any planning resurgence. I was right.
On Monday, I prioritized my first semester classes and created a 3-hour daily itinerary to work with. Monday and Tuesday were devoted to the Analysis of Business Problems (ABP). I studied the highlights of THE CASE STUDY Handbook – A Student’s Guide to quickly become acquainted with the critical procedures for reading, interpreting, and resolving ABP situations. It was, as usual, a fascinating read.
For the remainder of the week, Corporate Financial Accounting (CFA) took centre stage. MEMBA 12, Group 4’s normal Wednesday meeting was devoted to reviewing the required update to the CAPSTONE PROJECT assignment submission – the PowerPoint Slides and the 2000-word article. The accountants in the group were able to clarify the murky areas on the interim paper submitted in relation to the CFA facilitator’s feedback. The group came to an agreement on the outline and assigned tasks to the members. The task must be completed by Saturday evening’s group meeting.
I was in charge of creating a draft of a 2000-word piece that will be reviewed offline by group members before the final submission on Saturday night. On Thursday, I worked for three hours on the draft. I worked with the consultants to ensure that the data and insights were correct. I came across new accounting terminology while creating the draft, such as Leased Assets, Goodwill, EBITDA, and Michael Porter’s 5 Force Model. Other things I’ve learned include how to calculate basic and diluted earnings per share (EPS) and the distinctions between ordinary and premium share capital.
The draft 2000-word article was submitted for group review by Noon on Friday. The article was written according to the agreed outline and table of contents. Starting from the introduction of the Cement and Building sector of Nigeria’s economy through the analysis of Lafarge’s 10-year financial report to insight and recommendations to Lafarge’s director and prospective investor. The group review was concluded on Saturday afternoon. 11 group members contributed directly to the online review, thanks to everyone.
In conclusion, 40% of the week was spent reviewing and digesting the learnings from the LBS MEMBA 12-second intensive week. The remaining 60% of the daily 3-hour engagement was devoted to working toward the CFA’s CAPSTONE project which was successfully submitted on Saturday night. It has been a very exciting and fulfilling week for me and the group.
Thanks for your time, stay tuned to this channel until next week when I come again with another exciting blog, stay blessed and safe.
Olufemi Oshonuga
#MEMBA12
#GROUP4
