professor
Markus Maedler

Jan 2006

I agree with the last review. You definitely have to work (hard too) for this class if you want a decent grade. Maedler is very knowledgeable - that is true. But that doesnt mean that you'd get an A or anywhere near that by studying for just an hour or two before the exams, unless of course, you;re a super genius. But i sure wasnt, and many people i know werent. so, if you want a good grade, and also learn something in this, you'd have to put the time and effort into it.

Jan 2006

I wouldn't recommend this class if it isn't required. I do not agree with what the last review said. This class requires more than attending lectures: it requires a lot of studying and hard work if you want at least an A-. The midterm and final are not easy and the only way to prepare is by studying a lot, since together they make up the majority of your final grade. Markus is very knowledgable and willing to help but that also means that you need to apply yourself to get the grade you want.

Jan 2006

It is a long class (almost two hours twice a week) and Markus isn't exactly a great lecturer or teacher. He had a lot of microphone problems, but if you sit up front, it's not a big issue. His accent makes him hard to understand, but it's bearable. However, he is a nice guy and he will try to answer any questions you have. The material is a bit condensed. Accounting is a very detailed process, but if you go to class, you don't really need to read the book. Don't try to memorize everything, but make sense of how things fit together. The exam is not too hard if you understand the concepts. Most of the finance topics covered are very easy if you have a good grip of basic math. You can get majority of the points on the finance exam only knowing how to calculate present value. Contrary to the previous review, I had no previous background and I got an A+; No, I did not study intensively; I reviewed for the exam for an hour or two at most. The material is very manageable if you put in a little effort.

Dec 2005

Markus is a very nice man. Though, he is very professional (German work ethic?) and strict with his teachings. He gives "pop quizzes" 6-8 times during the semester which counts toward 10% of your grade. Lectures are useless as he is very difficult to understand. He has a thick accent, speaks very softly, often refuses to use the microphone, and makes things seem so much more complicated than they really are. Instead of picking simple examples to illustrate concepts, he goes over long drawn-out special cases when the majority of the class has no idea what he's doing. The midterm and final are very hard, and very difficult to study for. I did well in this class (A-), but only because I have an extensive background in accounting / financial concepts. I think the rest of the class was at a tremendous loss. As a professor, he is on the poor side of average. Try to avoid him if you can, but if you can't, you'll be fine if you don't mind teaching yourself ALL the concepts in great detail.

Apr 2005

This may be a horrible class, but this is a wonderful professor. In a class of well over 100 people he would try to make sure each and every person understood. If you didn't, it was your fault for not asking a question. His homework grading is mostly completion (since he recommends the solution manual as well). The material is pretty crappy though. Not his fault. If you can avoid taking this class - by all means! But do not avoid taking this professor by any means!

Dec 2004

Want a lecturer who makes an effort to know each student personally in a large lecture class? If so, this lecturer is for you! Markus cares greatly about his students and their understanding of the material. He has biweekly quizzes that test the material currently being covered; if he sees a pattern in gaps in understanding, he'll go over the material again. Markus is very comprehensive in covering the material, which is bad if you're looking to take this class as an easy A, as many students do. You'll find that although you are working much harder than the other section (Markus never lets students out early and goes over materials again and again until he is confident everyone understands it), you'll learn much more. Possible downsides...Although A&F typically covers accounting in the first half and finance in the second, Markus specializes in accounting and likes to bring accounting into finance by telling students to use T-accounts and journal entries. He also doesn't always explain things in the least complicated way possible.