I’ve finally moved on from module 42 (Economics) to module 43 (Financial Risk Management and Capital Budgeting). The Wiley book is definitely written for people who already have a working knowledge of these topics.
I remember the satisfaction of mastering these subjects during my MBA course. Five years in banking and I haven’t had much opportunity to put this knowledge to practice.
Where I was once fluent on topics like cost of capital, the security market line, or CAPM, I’ve been reduced to a working knowledge. Frustrating. I think a lot of business decisions are still etched out on the back of a napkin.
I have not schedule an exam date yet but it’s looking like late February for BEC. Assuming I pass, that would give my until August to complete REG and hopefully allow for one failure along the way.
The photo is of the v-berth, where we sleep and often read. The shiny stuff on the ceiling is insulation that we installed to keep a little more heat inside.
Our mattress is a 4-inch thick foam pad over lattice. It’s actually quite comfortable…. much better than our former memory foam mattress. I actually prefer the boat to rock at night, while we’re sleeping.