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LegendKiller
08-13-2005, 06:49 PM
A friend of mine at work offered to recommend me to teach at the local college. I gave him my resume and they called up last week. I had a "teaching demonstration" and they loved it. Now I am going to be teaching undergrads finance! Great way to raise some extra cash and it is only night classes once per week for three hours, not bad.

More money to go to the wedding.

Just imagine, I am going to be making an impression on our future finance professionals. ROFL!

brainsmile
08-13-2005, 07:04 PM
nice job man. i was wondering if it worked out.

dbax791
08-13-2005, 07:27 PM
So what is the NPV and IRR of accepting this job? It is above the risk-free rate, right?

Just kidding! Congrats! It sounds like you will do very well. :)

Jenny
08-13-2005, 07:36 PM
Congrats! :)

kimchicowboy
08-13-2005, 07:44 PM
congrats dude!

Kim
08-13-2005, 08:30 PM
Congrats!

Markel
08-13-2005, 08:54 PM
Finance lesson #1: check the Got|Apex deals page at least every day

Finance lesson #2: check the Got}Apex deals forum several times a day

LegendKiller
08-13-2005, 09:21 PM
So what is the NPV and IRR of accepting this job? It is above the risk-free rate, right?

Just kidding! Congrats! It sounds like you will do very well. :)

I calculated the cash flows based upon a monthly return of a certain dollar figure, then discounting that dollar figure by an amount of lost opportunity cost by not being able to play games..etc. I also used a required rate of return of 10%, based upon a 3-month treasury yield of 3.35% + 6.65% risk of being annoyed by students. I also in

I discounted the cash flows at that rate and determined that there was a positive NPV. The IRR did reach the hurdle rate, naturally, since +NPV = higher rate of return than the required IRR. Also, NPV is a suerior measure.

Based upon current calculations, the return was certainly worth the time invested. Besides, it does give me an opportunity to transform some young minds into coldhearted, starched-shirt, capitalist zombies bent on securitizing every asset known to man.

dbax791
08-13-2005, 09:56 PM
Based upon current calculations, the return was certainly worth the time invested. Besides, it does give me an opportunity to transform some young minds into coldhearted, starched-shirt, capitalist zombies bent on securitizing every asset known to man.

LMAO! You rock. You will succeed in this I am sure. Best of luck LK!

gear02
08-14-2005, 01:12 AM
Congrats professor!

Please make sure to teach your pupils NOT to lie when dealing with their accounting :)

nickel
08-14-2005, 11:15 AM
A friend of mine at work offered to recommend me to teach at the local college. I gave him my resume and they called up last week. I had a "teaching demonstration" and they loved it. Now I am going to be teaching undergrads finance! Great way to raise some extra cash and it is only night classes once per week for three hours, not bad.

More money to go to the wedding.

Just imagine, I am going to be making an impression on our future finance professionals. ROFL!
first time teaching?

my brother, who is has his masters in Mechanical Engineering, also decided to teach a college course to make some dough on the side. he taught one evening course, and while he liked the new experience, he said it took up way too much of his time in prep work and after class work.
so he hasn't taught another course since.

he is sorta anal though....being an engineer and all. :P

hopefully yours is a good experience LK.

johnnymk
08-14-2005, 11:54 AM
he is sorta anal though....being an engineer and all. :P

Hey, we aren't all sorta anal. Some of us engineers are very very anal :wavey2:

LegendKiller
08-14-2005, 12:00 PM
first time teaching?

my brother, who is has his masters in Mechanical Engineering, also decided to teach a college course to make some dough on the side. he taught one evening course, and while he liked the new experience, he said it took up way too much of his time in prep work and after class work.
so he hasn't taught another course since.

he is sorta anal though....being an engineer and all. :P

hopefully yours is a good experience LK.

They guy who suggested I do this said that they pay a bit more for the initial prep for your first iteration of that course. He also calculated out the time for the classes + prep and it came out to an amount north of \$90/hr.

GracieBayb
08-14-2005, 02:18 PM
awesome!! congratulations you have my dream job!!! :)

navyones
08-14-2005, 08:22 PM
Congrats! Your enthusiasm will make you a great teacher!

Grimm
08-15-2005, 03:50 AM
And it probably looks pretty good on your resume. ;)

Gratz man.

/edit speeling

Apex
08-15-2005, 04:21 AM
Sweet! Glad you're teaching econ/finance too, since that's one of the few courses where the teachers tend not to get sucked into the culture.

Houdini
08-15-2005, 08:42 AM
Congrats LK!

jstreet
08-15-2005, 09:27 AM
You know finance???

:bow:

congrats ;)

Merlin
08-15-2005, 10:28 AM
Let me know how this goes. I've kind of thought about doing the same thing myself. It does sound like it can be fun and rewarding. Too bad most finance classes don't have too many hotties that could earn the "A" the hard way. :naughty:

brainsmile
08-15-2005, 10:53 AM
Yes beware of the scantily clad undergrads looking to "earn" an A. Believe me they can be ruthless in they persistence. Be strong young paewon. :)

Every semester I have girls crying in my office telling me they can't possibly get an F for my course. Sigh... my response is usually

1. Why did you wait until the last day of the semester to voice any concerns.
2. Why did you wait until the last day of the semester to voice any concerns.
3. Why did you wait until the last day of the semester to voice any concerns.

Have fun!

gear02
08-15-2005, 11:37 AM
Let me know how this goes. I've kind of thought about doing the same thing myself. It does sound like it can be fun and rewarding. Too bad most finance classes don't have too many hotties that could earn the "A" the hard way. :naughty:

hehehe...instead of an apple on your desk you could put a tube of KY. :D

Nija
08-15-2005, 12:07 PM
hehehe...instead of an apple on your desk you could put a tube of KY. :D
KY!!!!!! (http://www.nijaizkewl.com/images/personal/fun/ky.jpg)
:heh:

RoniMan
08-15-2005, 12:07 PM
:thumb:

awesome! so will we see a change in your rank?

LegendKiller
08-15-2005, 04:33 PM
Apex: Thankfully it is just an adjunct position and they know that people work. It won't be that hard avoiding the freaky professor that is pure academic in nature. Thanks.

One nice thing about this place is that the undergrads get *ONE* missed course. During the interview I was thinking "Gee, I am glad I didn't go here for undergrad". They also said that most undergrads hate their finance courses, I cannot begin to imagine why ;). So I need to think of some decent ways to make it interesting.

Merlin: works for me as long as my fiance doesn't read these boards :). I'll let you know the chick rate.

Brainsmile: I can only imagine how many will be doing that. The decision is, be a hardarse or be nice.

spb had a sucky comment on AIM, something about poison apples, he isn't nice.

Maybe I can get GAM to give me something special.

brainsmile
08-15-2005, 05:47 PM
Uggh... on a side note I just caught a student cheating. Off to the dean with him.

LegendKiller
08-15-2005, 06:15 PM
Uggh... on a side note I just caught a student cheating. Off to the dean with him.

Yeah, I thought about that... Cheating and "collaberative" work...