The ABCs of Activity-Based Costing

One of my favourite MBA classes has been managerial accounting. It's like solving little math puzzles and using them to make managerial decisions.  We've learned a lot this semester but one thing that is very useful is activity-based costing. I would like to take today's article space to explain the gist of this concept. I warn you in advance: For the first time since the Time Value of Money we may need to use... math.

About the Future of the Marketing Giants of Silicon Valley

[editor's note: In line with my continuing effort to become more integrated with the online community, today's article is a guest article written by Ryan Wilson, whom I found through myblogguest.com.]

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Courtesy of HirePulse, a great site for consultants, service providers and mining contractors. Visit us to get connected.

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Silicon Valley has long been a source of innovation that has changed the world, but the question lies in where most of the current focus exists and should exist. Companies like Google, Facebook and other marketing and media firms in the sector are keeping some of the best minds in the business employed in very high paying jobs.

Why the European Sovereign Debt Crisis is Bad

Good morning and happy Monday to everyone!

This morning I'd like to talk about the European Sovereign Debt Crisis. You may have heard about this from your local newsman. If you're from North America you may be confused as to why you would care.  Well, give me a few moments and I'll give you the nutshell version for 6 year olds.

Reflections on New York: BBH

This past summer of 2011 I had an amazing opportunity.  I went to live in Manhattan for a month on a school exchange.  I stayed in International House, a dorm near Columbia University, and I attended the Levin Institute taking classes in Global Leadership and Management and Global Finance and Marketing.  It was an intense 4 weeks, but the best part was the site visits.

Time value of money

I didn't come from a business background.  Everything I learned in the MBA came as fresh insight, things that I had never thought about or considered before.  Whenever I would go to class I would come home and tell my wife, my friends, everybody about the amazing new thing I learned!  This is a really really basic financial concept but when I first learned it, it was such a revelation to me that I had to share it. I post it here because I'm sure many people I know are still unaware of it.