UniSIM JULY 2009 intake

[simon_84]

A word of advise... dun ever take BUS357... its a screwed up module!!!.... with 6 days near submission date to the gba they release a new set of criterias(FAQ) which will need us to amend 5 years of financial statements (income statement, balance sheet & cashflows) !!

Guys taking this module this sem, please check bb under additional information....

noted.
thinking of whether to siam this module next time.

 

[bachang]

oh, because in an earlier faq, it said that "start from a clean state", so my team took as it will be a new bid for the motor hub, and therefore, no revenue for the 1st few quarters.

can check with u..... so what are ur expenses for the first q3?
did u include overhead like utilities and salary already?
I dun understand why we cant assume 1st Jan 2012 is the operation date. that makes life lots easier.

 

[viridian]

A word of advise... dun ever take BUS357... its a screwed up module!!!.... with 6 days near submission date to the gba they release a new set of criterias(FAQ) which will need us to amend 5 years of financial statements (income statement, balance sheet & cashflows) !!

Guys taking this module this sem, please check bb under additional information....

tat bad? i am thinking of taking it for the major modules cos i dun wanna take IT mgmt and political economy of ASEAN. very little major modules for me to choose from for biz...

 

[bachang]

tat bad? i am thinking of taking it for the major modules cos i dun wanna take IT mgmt and political economy of ASEAN. very little major modules for me to choose from for biz...

hmmm, alright maybe i over exaggerate. . depends how u look at it.... perhaps the gba this time round is too too tough.

 

[simon_84]

tat bad? i am thinking of taking it for the major modules cos i dun wanna take IT mgmt and political economy of ASEAN. very little major modules for me to choose from for biz...

political economy of asean is open book...not bad what, just very theory intensive.
but will be sticking to my finance electives instead.

 

[LadyVanity]

Hi,

So anyone knows for BUS357 GBA Q3, what do we need to put? Is it for example:

Revenues:

Admissions ..................................... $50,000

Event revenues .............................. $20,000

Other operating Revenues .............. $10,000


Or should we just write down what are the revenues involved in paragraph and leave the breakdown of revenues for Q4??

Need help asap please!!

 

[Kelvin2222]

lol, i took Bus 357 last year already. It is "homework" intensive. But wait till you do the ECA and you have to compile all the information by yourself instead of help from 2 other team mate as when in GBA. U will find yourself searching through all the past year course book, finance, economic, marketing.......

 

[viridian]

political economy of asean is open book...not bad what, just very theory intensive.
but will be sticking to my finance electives instead.

bcos the module name doesnt sound interesting to me...

 

[Rui2]

the latest requirement is to assume" there is no revenue for the first few quarters".. my team we already done the revenue from Q1 onwards.. so in a way it affect all the financial statements ....

profit or revenue?

i kinda agree, usually, u dun get profit initially when u start a biz

 

[tortoise55]

can check with u..... so what are ur expenses for the first q3?
did u include overhead like utilities and salary already?
I dun understand why we cant assume 1st Jan 2012 is the operation date. that makes life lots easier.

for us, the 1st year are all construction of buildings etc, so no revenue, loss ranges from 35m - 50m. How about urs?

You have to decide what is your construction timeline for the all things, and from there, project to each statements. Like if you think that you want to have all buildings up and running together, you are looking at about 1.5 - 2 years construction period. That means your 1st 2 years, you are making a loss.

I lumped overhead and whatsnot in operating; salary and whatsnot as employees' benefits. Since we are only allow 4 pages for qns 4, so have to keep some items as simple as possible.

that's because they want us to be a new group bidding for the hub, so have to ignore what sg changi had done. Basically, treat as nothing has happened, and this is a 1st call for rfp.

 

[bachang]

Hi,

So anyone knows for BUS357 GBA Q3, what do we need to put? Is it for example:

Revenues:

Admissions ..................................... $50,000

Event revenues .............................. $20,000

Other operating Revenues .............. $10,000


Or should we just write down what are the revenues involved in paragraph and leave the breakdown of revenues for Q4??

Need help asap please!!

my team qns 3 was similar to yours.... not much words in paragraphs...

 

[bachang]

need help here..
for BUS357 ... the break even analysis did you guys input the start up cost?
i have difficulty in plotting the graph...

please advise.. thanks

 

[mhdfahru]

anyone already completed qn 4 of the BUS357 GBA??
I'm lost! Need help?

anyone can share their financial statements look like?

 

[Jane_ChuaSC]

need help here..
for BUS357 ... the break even analysis did you guys input the start up cost?
i have difficulty in plotting the graph...

please advise.. thanks

i asked my tutor this, his reply is with year as x-axis & $ as y-axis we plot (1) accumulated total cost over 5 years (2) accumulated total revenue over 5 years.

The interception of the 2 lines will be breakeven... Most likely 3.5 years will breakeven...

Hope this helps

 

[bachang]

i asked my tutor this, his reply is with year as x-axis & $ as y-axis we plot (1) accumulated total cost over 5 years (2) accumulated total revenue over 5 years.

The interception of the 2 lines will be breakeven... Most likely 3.5 years will breakeven...

Hope this helps

thanks for your reply...
i plotted the graph and it intercept at 1.5 years. lol .. but i think thats it. not gonna touch it anymore gonna focus on other ECA and GBA....

 

[viridian]

anyone has marked gba for human resources mgmt?

i have Mgmt, OB, QM, Statistics, Mktg & Mktg Mix Mgmt. For Ucore, i have Ess Writing and Managing yr Personal Finances for exchange.

 

[fighting]

BUS357 is just bull****, i learned nothing about starting a business but just bull**** assumptions.

 

[bachang]

BUS357 is just bull****, i learned nothing about starting a business but just bull**** assumptions.

Yes! totally agree and did u go for lesson? if so, lesson slides also cmi...my class no of pax reduced into half after 2nd lesson i think

 

[celine_85]

FIN361 ECA

As per the title, anyone have the past year TMA for FIN361 (Financial Modelling) to share with me...

Your help will be greatly appreciated.

Thanks

 

[LadyVanity]

FIN301e ECA

Anybody have past ECA for FIN301e to share?

Or is currently taking, want to discuss answer?

Thanks! =)