Financial Management: My ranting continues…
I cannot adequately express my frustration with the Financial Management class I’m taking. In the last couple of days, I’ve discovered it’s not just me who’s frustrated. I want to share some comments from other students.
“…I am struggling in this class. I don’t understand all the material and they have so many formulas for one thing. I can read all I want, but it isn’t helping with me like assignments like last night. By the way did you get your assignment done? I don’t think I did mine right, but I guess I will have to wait and see how poorly I did.”
“…I am the same way I have read the information a few times but it is just not clicking. As far as last nights assignment I did do it but I do not think that it is right. However, when I did Wednesdays assignment I thought I did pretty good but boy was I wrong. So who knows.”
To help combat all this lack of understanding, some students are trying to work together on class assignment. This isn’t easy to do considering the class environment doesn’t include any kind of chat application. As the students found themselves not able to hammer out an answer to a recent assignment, one of them decided to ask a question of the instructor in the main forum. This is how it went.
“Which formula should we be using in Excel to determine the values of the bonds in our Friday assignment? I’m using the PV function and another student is using the NPV function. Are either of us on the right path? Thank you for your time.”
To which the instructor replied,
“First of all, I do not encourage students doing their homework assignments together. I prefer that each student do their own homework and try to figure the answers independently. When you go into the work environment; you will not be able to depend on someone else helping you with your duties. That being said, if I tell you which function to use, I have given you the answer. Therefore, I will tell you that one of you are correct.”
I absolutely flipped out when I read the instructors response! I cannot believe how unhelpful, and totally disrespectful this response was. What I wanted to write in response was, “Yes, because it’s so much better to fail an assignment than to seek help from others, or ask the instructor for some assistance”.
I realize that this is only an example of the larger gripe I have with the Phoenix online learning environment. Some instructors really try to reach out and offer comments and assistance to students. Some classes needed it, and some classes didn’t. This class, Financial Management, needs it, but any kind of assistance from the instructor is lacking, or completely unhelpful as illustrated by the above. So, as a consequence, students are left to pay hundreds of dollars to teach themselves a difficult subject using a horrible text.
Does this really make any sense? Do brick-and-mortar students have similar gripes?




