Please notice this was first posted in the period 2012-2014 and can be outdated
During this final hexamester of the first year here at Sasin we were able to pick our own courses from a total of 7 courses offered. Most people picked 2 courses, and some combined it with the course Global Initiatives in Management (GIM) as a third course, but I also had 60,000 baht of spare money lying around and no interest in GIM, so why not pick 3 normal courses? As long as there is no overlap in classes you can register for as many courses as you want. To make sure I would not overreach this last period I made sure the third course would not be too difficult, and with a background in economics and investing the course Investments with assistant professor Pattarake Sarajoti would fit the bill perfectly.
As you could expect with a course with this name we mostly covered the financial markets and the basics of portfolio construction. Most of the concepts were quite easy; for example we covered simple put and call options but never went into vega, theta, or rho, and their effects on in-the-money and out-of-the-money options. Implied volatility was mentioned for a couple of minutes, but unfortunately we never reached the volatility smiles and smirks.
Besides a final exam, which counted for 50%, we also had three smaller quizzes with multiple choice questions, a presentation on a fictive Investment Policy Statement (think CFA level III at a very basic level), and three interim write-ups that needed to be done as a group. All together the smaller assignments during the course made up half your grade, something that came quite in handy when I was sitting with the final exam in front of me questioning if I had missed something during class or I just had trouble understanding what was being asked. I guess that sometimes things get harder when they are simplified because all the things you already know cannot be applied anymore and all of a sudden you need to calculate the value of an option in a world where the stock can only go up or down with 50%.
This course did make me realize I have to make a clear decision for myself what exactly I want to get out of this MBA. On one hand I am probably going to try to keep working in the investment management industry when I am done here at Sasin, so investment related courses will show my dedication to the subject and build my foundation only stronger; while on the other hand I am not learning much from investment related courses while I still have to shove out 60,000 baht per course. In that case I would be better off picking courses in areas I do not know much about yet so I can gain some new insights and broaden my horizon further. Luckily there are some months of holidays to ponder this dilemma.