Imaginary Engineer - Yale SOM '08

Industrial Engineer dreaming of an MBA

Tuesday, October 17, 2006

Breaking Down the Silos

With finals looming next week, a mock interview with my top choice firm on Thursday, an 1,800 word paper due tomorrow (haven't started yet), crew practice tonight, econ case review for tomorrow, and updating my roster for my fantasy football league (I can't believe Arizona choked on MNF), I've decided to pause and enjoy the moment. For someone who has lived in California his whole life, I am amazed at the beautiful fall foliage around campus. Walking around feels like I'm in a scene from Scent of a Woman. Even walking through campus to eat in downtown is a memorable experience because of the gothic architecture and brown/red leaves on the streets. I definitely can't wait till winter comes and I make my first snowball!

As the first years finish up the first 6 weeks of the new curriculum (Orientation to Management), I've started to notice the integration and "breaking down of the silos". In the first few weeks, we learned basic management tools and theories in traditional format (accounting, econ, data). Now, as we discuss cases and problems, we are applying the tools we've learned to address and solve problems. Some concrete examples are:

-In evaluating an econ problem regarding the effects of an auction of public rail, we had to use accounting to measure the present value (PV) of the bid.
-In solving a case in problem framing regarding best strategies of a partnership game, we applied a principle from econ (nash equilibrium) to find best strategies.
-In problem framing, we discussed game theory and used "backward induction" to solve a puzzle, which happens to relate to what we learned about "rolling back" decision trees in Data & Decision

I can't wait to start the Organizational Perspectives part of the new curriculum because it'll be interesting to analyze problems companies face from the different perspectives.

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