RoBe – There ain’t no such thing as a free lunch /
EMBA Class 23 student's blog for all prospective students
by Ines Michel
What a start! After the first two course weekends it is obvious: this program is not only supposed to change the way you think, this program changes your complete daily business as well. Theory and knowledge of managerial economics or financial accounting, our first two courses, are almost omnipresent. During breakfast you think about opportunity costs – do you prefer eating a croissant rather than a toast? Paying a bill, you think about journal entries – which T-accounts are affected and do you debit or credit? Especially women might recover from the studies during a relaxed shopping tour… but standing in front of a nice pair of shoes you think about supply and demand curves - what might influence these curves? It looks like we truly entered the program... But you know what? We love it!
The mix makes the difference
First day in Thun: thick fog is hanging over the lake and no one would guess that you could see Eiger, Mönch and Jungfrau from here. So, we were extremely happy that we were allowed to stay inside for classes and fed with delicious sweets during the breaks.
But the EMBA is not just about food and location. What really matters are content, class mates and professors. My class is full of interested, communicative, and open-minded personalities. Imagine what happens when a vet, an historian, a banker, and an IT expert talk about price elasticity… this is fun! From day one we engaged in heated discussions with professors and peers, laughed together, and supported each other. All of us are respected business people, but we do not take ourselves too seriously.
Challenges help you grow
Still, the pace of our learning is quick, very quick. For me as a sports scientist with only practical know-how in financial accounting or managerial economics, courses pose a true challenge. But, being an athlete, challenge is what I am looking for since I believe that you grow with your tasks. Moreover, it helps that professors use examples from the business world and challenge us with exercises. I am amazed by the patience and profound knowledge they demonstrate in answering our questions.
Of course, studies continue at home, well actually, wherever you go. I am reading more than in the 31 previous years of my life, solving equations I would have run away from so far, and attending online sessions in front of my laptop computer. Luckily, I can share many of these moments with my teammates. It is indeed as Milton Friedman once said: “There ain’t no such thing as a free lunch.”
P.S. In the afternoon of our second course day in Thun the sun came out and we were able to spend the break by the lake with view to Eiger, Mönch and Jungfrau. Pure inspiration!
A glimpse into our classroom...
Living in a digital world, a lot of our communication is through WhatsApp. The name of our class 23 group is typical for RoBe students, namely: “it depends”.