Monsoon Ball (10 November)

8 December 2012

My first time wearing a tuxedo

On 10 November, we had the Monsoon Ball here in Singapore. INSEAD has two gala balls a year, the Summer Ball in Fontainebleau and the Monsoon Ball in Singapore. At these events, lots of alumni come back to reunite, and there is also always a big group of current students attending. The dress code for the ball was black tie, so I wore for the first time in my life a (rented) tuxedo. The ball was held at the National Museum of Singapore, which provides ample space for events like this (not between the exhibits themselves, but in separate rooms) and was a really nice location for the ball.

At the ball, our band from cabaret had its second gig – with two more rehearsals we managed to practice five more songs so that we could play for a good 40 minutes. All in all, the night was awesome: we had a great show (great stage, great light show, and more than anything, a great audience), and dancing with friends in this unusual environment and attire was also good fun. Plus, there was awesome food (fried cheese on a stick! what else could you want in life…).

Some pictures follow.

INSEAD Cabaret II (7 November)

Getting all melancholic

On 7 November, it was time for our last cabaret. In P3, I had already witnessed the last cabaret which was mainly organized by the then-leaving 12J promotion, and this time around it was my promotion that was preparing to leave INSEAD. A very strange feeling if you think about it.

I was involved in the cabaret in two ways: Firstly, I was part of the band that concluded the evening with playing four songs. Secondly, since I was at Fusionopolis Theatre where the cabaret was held on the day of the event anyway to set up my equipment (and I didn’t have any classes or anything yet), I ended up helping with setup and organization of the whole event (which in the end meant that I didn’t have to pay for my ticket, sweet!)

As for the band part, I was very glad that I had brought my bass guitar with me for P4 and P5, since I had missed playing it a lot in P1-P3. With a few quite talented musicians (mostly from my promotion plus a keyboarder from the next promotion), we met twice before the cabaret for multiple hours and arranged four (cover) songs. It was great fun playing again, making music in a group, and being on stage.

Of course, the other performances were great as well. There were the classics like the men’s ballet, the rugby club’s performances, and the obvious candidates like Bhangra dance. But there were lots of really creative and great performances as well, and just naming a few of them wouldn’t do any justice to the others. Obviously, a lot of the performances of my promotion had something to do with looking back at the year, and preparing to leave all of this behind – it made me somewhat melancholic. Even though after a year the thought of going back to work is not as distant anymore as it was in the beginning (and I am still glad that I went for a one-year MBA program as opposed to a two-year one), I am now starting to realize that in a few weeks this intense experience will come to a close, and many of the people that I spent so much time with I will not see again for quite some time, and most certainly not all of them together at the same time again…

Koh Lipe, Halong Bay (24 October – 1 November)

Relaxing beach and stunning world natural heritage

Neither of us had classes for the first few weeks of P5, and since we also didn’t have a room in Singapore until 1 November, we decided to travel for a bit before settling in in Singapore again. So we went to Koh Lipe, an island way down south on the western coast of Thailand, and Halong Bay, which is in Vietnam close to Hanoi. I had been to both places before already, but J had not been and I liked both of the places, so we went together.

Koh Lipe is simply one of the most relaxing beach islands I have ever been to. It is located close to the Malaysian border, a bit north of the Malaysian island of Langkawi, and it is really tiny. You can easily walk along all the main beaches within a few hours. Most of the accommodation is located along the beaches, and in the center of the island there are lots of restaurants and small shops. We were there a bit before the official beginning of the season, which meant that some of the places were still closed. Still, it was surprisingly hard to find a place to sleep, since we hadn’t booked anything in advanced. We ended up with a really basic (non air-conditioned) bungalow, but it was dirt cheap: Around 7.50 € for the room per night.

When we had relaxed on the island for a few days, we flew all across mainland Southeast Asia to Hanoi, spent half a day in the city and then set off to Halong Bay. Halong Bay, located approximately three hours from Hanoi, is a UNESCO world heritage site, revered for its myriad steep limestone islands and islets. We spent two nights on one of the many junks that sail the bay – curiously, when I had last been there around two years ago, the boats were all brown, in the meantime they had all been painted white. The trip to Halong Bay was fantastic – we did some nice excursions to islands and did some kayaking as well as swimming, and the junk we were on was a really nice one.

From Halong Bay, we went back to Hanoi and then flew straight back to Singapore, just in time to check into our newly rented room for the last period of the MBA.

 

P4 Academics

9 November 2012

A Period Full of Elective Classes

I spent P4 in Fontainebleau, which certainly had a different atmosphere than Singapore. In terms of academics, P4 was the first period without core classes, so all my courses were purely elective and chosen by myself. I was a bit more careful in P4 than in P3 with picking my electives, and the end I was very happy with almost all of them. Here is my short take on my classes:

  • Strategies for Product and Service Development (SPSD) SPSD, taught by German prof Jürgen Mihm (who like me studied in Darmstadt, and worked in strategy consulting for some time) was a class focused on R&D and how to manage the development of new products and services. The class was one of the most unusual ones I have attended at INSEAD, and included a week-long period of workshops in which all students had to develop a prototype for a shopping “artifact” (bag, trolley, backpack, or the like). I found the class very hands-on and useful, especially for anyone who wants to go into R&D or product development eventually.
  • Management Decision Making (MDM) MDM is a class focused on both psychological and informational aspects of decision-making. Led by Enrico Diecidue, a flamboyant (in a good way) Italian, the class looks at biases that decision-makers face and how to overcome them by using sound statistics and models. The class was certainly very interesting and engaging. In some cases, however, going a bit deeper into remedies for the biases would have been even better.
  • Advanced Game Theory (AGT) AGT was the class I enjoyed the least in P4. The topic was very interesting, but the class was a bit too slow (not “advanced” enough, if you will). Partly, that must have been because the Singapore starters like me had covered more game theory in their Prices and Markets core class in P1 than the Fontainebleau starters, so the first few AGT sessions that professor Vlad Mares taught were necessary to catch up with what I already had covered. In total, the class was still interesting and I learnt some things about game theory that might be useful in my professional life – especially everything relating to auctions.
  • Beyond Markets (half credit) Beyond Markets was my first half credit course, meaning a course that has only eight as opposed to the usual 16 sessions. Beyond Markets was taught by Sven Feldmann and essentially an extension of the non-market strategies already touched upon in IPA in P3. The class was centered around different cases, which were all very interesting and led to intense discussions (and potentially an increasingly cynical view of politics among the participants).
  • Economics and Management in Developing Countries (EMDC, half credit) EMDC was – like my Macroeconomics course in P3 – taught by Daniel Traca. The course was a mix of discussing the specialties of macroeconomics in developing countries as well as bottom-up approaches to facilitating development (such as for example microfinance). I found the class very valuable, especially after having witnessed myself in Ghana how difficult development aid is and how there is no golden bullet that will magically fix everything.
  • The Art of Communication (half credit) The Art of Communication, taught by Steve Knight, was a weekend communication training. I personally did not find the course very valuable, since I am a halfway confident public speaker. However, for those people who really have difficulties speaking in front of other people, this class made a lot of sense.

In the upcoming P5 (the last period already!), I will only have two credits left to be covered.

Porto (16 to 21 October)

Port Wine and Meat Sandwiches

Over the P4-P5 break (from 16 to 21 October), we went to Porto. I had not been in Portugal since I went there with my family when I was six years old, and I had heard a lot of good things, so I was quite excited about the trip. And even though we had quite some rain the first two days, all in all it was a very nice holiday.

Thanks to consultant hotel bonus points, we stayed in a fancy hotel, which was quite conveniently located 350 meters from one of Porto’s metro stops (on the day we arrived, it was pouring and we were completely soaked by the time we got to the hotel… the 350m felt much longer than they did on the next day without rain). We spent most of our time walking around the city, tasting Port Wine in Vila Nova de Gaia, which is on the opposite shore of the Duouro River and houses a multitude of Port wineries, and taking a boat tour on the river. The atmosphere and scenery of Porto is amazing. The old town features lots of narrow, steep streets, which in comparison to many other old towns in Europe seems much more alive with “regular” people and less of a museum. Also interesting is the contrast between renovated, beautifully decorated small shops and restaurants on one hand, and many abandoned or completely run-down buildings on the other hand (even though many of these buildings have a beautiful architecture, lots of Art Nouveau and regionally typical tile-covered facades).

The Port wineries in Vila Nova de Gaia were also really worth a visit. The first one we visited was Ramos Pinto, named after its founder and a relatively young Port winery (established in 1880). The tour through the museum comprised not only a visit to the cellars in which the Port is stored in barrels while aging, but also to a small museum which displayed especially lots of the marketing material used by the company especially in its early years – they had to be quite creative since they had to prove themselves against the established Port companies. The second Port winery we visited was an older one, so the tour was less about interesting marketing and more about the history and theory of Port wine. After our visit to the second winery, we took a boat tour on river Duoro, which took us upstream a bit and then down the river to where it enters the Atlantic ocean. When we reached the ocean, the sun was just setting – a very beautiful sight!

Another highlight of the visit was the food – we had quite some interesting dishes. Most notable was the local sandwich specialty – one could call it the mother of all meat sandwiches: The Francesinha. It is basically different types of bacon, ham, sausage and beef between two buns, covered with lots of cheese and swimming in beer gravy… Delicious, but certainly not something to be eaten every day! The next day, we opted for vegetarian food instead to counterbalance all the grease in our blood…

Some pictures follow.

Malaga (4 to 8 October)

24 October 2012

A Warm Excursion from Cold Fontainebleau

From 4 to 8 October, we went to see my brother in Malaga – he is currently doing a three-months exchange to the local university as part of his PhD program in Berlin. On the way there, we stopped in Madrid for half a day – I had never been there before and so it was a great opportunity to visit the Spanish capital. I really liked it – other than it being much warmer than in Fontainebleau, it also had a very nice atmosphere. In addition, we got to visit two art museums for free: The Caixa Forum (which is small, has changing exhibitions, and is always free) and the Prado (which has the best collection of classical art in Madrid, and is free for the last two hours every day).

Malaga itself also turned out to be really nice. A couple of classmates we had spoken to before our trip had said that the city itself wasn’t that interesting, but in fact the old town is quite picturesque with marble streets, and an unfinished cathedral (one of the towers is not as high as the other one).

Unfortunately, I got sick for one and a half days and needed to go to the hospital to get medication, but thankfully we had enough time to still do some trips into the countryside on the weekend. On Saturday, we went to Cómpeta, a nice white village in the hills to the east of Malaga. On Sunday, we ventured westwards and took a round trip to Zahara de la Sierra, Ronda and back.

Zahara de la Sierra is an impressive town, overshadowed by a fortress towering upon a rocky mountaintop. From the city, you have great view on the surrounding scenery including a big artificial lake. The town itself is also very nice, with white houses and pretty little streets and squares.

Ronda is a town dominated by a high bridge over the El Tajo canyon, which splits the city into two and runs next to one of the central squares. This square and canyon have supposedly been the basis for a vivid description of the execution of fascists in the Spanish Civil War in Earnest Hemingway’s For Whom The Bell Tolls, which coincidentally I had just read over the summer – making for an interesting comparison of the actual setup with the imagination I had formed while reading the book.

Some pictures follow.

Belgium Trip (14-16 September)

23 October 2012

Mussels, Fries, and Beer

Over the weekend of 14 to 16 September, I went to Belgium. The trip was organized by three Belgian classmates and was an awesome experience – as comprehensive as you could get over the two days, with lots of interesting activities, but never to stressful.

The trip started on Friday evening after people had finished the last classes. A bus picked us (~45 students) up at INSEAD in Fontainebleau and took us to Namur in Wallonia, where we arrived late at night. We still went out after arriving, since the Fête de Wallonie was in full swing in the city – plenty of opportunity to try local beers and Peket, which is a local spirit that is served in various fruit flavors.

On the next morning, after the last participants had managed to lift themselves out of their beds, we went on to Brussels. There, we got a guided tour of an hour through the Magritte Museum, which opened three years ago and is revered as one of the best museums in Belgium. Afterwards, we did a short walking tour through Brussels and had lunch at de Nordzee/Mer du Nord, which is an awesome outdoor seafood restaurant (more of a food stall to be honest, but with excellent food).

Then, we went further into Flanders and visited the Timmermans brewery close to Brussels. We got a tour of the brewery and got to taste some of the beers they make there. Their beers are of the Lambic type and therefore quite sour, but can be processed further to produce the fruity Kriek, or double-fermented Gueuze.

Thereafter, we went on to Bruges. We had dinner at a local restaurant, enjoying lots and lots of the Belgian staple dish mussels with fries – a rather unusual combination, but quite a feast! The evening we spent visiting some local bars (and checking out more Belgian beers).

Sunday morning was free of any fixed activities, so I (like many other students) spent the time walking around the city and checking out the historic buildings. Bruges is indeed a pretty city, and the weather was quite nice so it was a really nice way to spend a Sunday morning. In the afternoon, we had a boat tour through the Bruges canals, and then visited another brewery in the city, namely the De Halve Maan brewery, which brews ales. Given that the brewing process and the beers themselves were quite different from the first brewery, the tour was also enjoyable (and we had a very nice view over the city from the brewery roof). After the brewery, we went back to Fontainebleau by bus.

All in all, the weekend was fantastic, especially thanks to the great organization by my classmates. Some pictures follow.

Summer Trip Pt. 7: Turkey 4

24 August 2012

The last two stops on my summer trip were Safranbolu and Ankara. Safranbolu is a city north of Ankara which is revered for its well-preserved Ottoman houses. It is scenicly located at the intersection of three valleys, and the houses of the old town picturesquely cling to the steep hillsides around these valleys. Entering Safranbolu from Ankara, however, nothing of that is visible: Safranbolu is a prospering town with a modern city center, and the old town needs to be searched for behind the modern part of town first. Then, however, it is really a very pretty and relaxed town. In contrast to many of the other destinations on my trip, Safranbolu seems to be a destination primarily for Turkish tourists, not so much for international visitors. This means that the city is somewhat more authentic (and prices are lower). Apart from looking at the beautifully restored Ottoman houses, Safranbolu does not offer that many sights or activities other than climbing to some of the hills around the old town. An interesting sensation is hearing the muezzin calls from these hills, echoing and reverbating from all sides of the valley.

The very last stop was Ankara, Turkey’s capital. Ankara does not provide nearly as many sights and historic buildings as İstanbul (which I visited three years ago and thus skipped on this trip), but it is nevertheless an interesting city. The shops and cafes in the Kızılay area were nice to to shop around, relax and read a book, and the citadel provided interesting views over the whole city (even though the historic buildings were really run-down and the whole area looked like it could use a bit of paint). The most impressive sight, however, was the massive mausoleum of Kemal Atatürk. This leader of Turkey’s struggle for independence after the first World War, long-time president and major reformer is really worshipped in Turkey (including portraits in shops everywhere and lots of paraphernilia, going so far as young men sporting his signature tattooed across their arms). The massive mausoleum, with a gigantic 40-ton marble sarcophagus and an accompanying Atatürk and Independence Museum is one incarnation of this worshipping. Given the descriptions of his achievements in the museum, however, this worshipping seems to be justified.

Now, after seven weeks of traveling, my summer trip is over. I have just come back to Germany, where I will pack a few things for the colder climate in France, because I will spend P4, which starts next week, on the “original” INSEAD campus in Fontainebleau. While I am a bit sad that the nice summer trip is over, I am also looking forward to going back to school and meeting all the other students again and hear their internship or travel stories from the summer!

Pictures will follow at a later point in time.

Summer Trip Pt. 6: Turkey 3

16 August 2012

Antalya, Cappadocia

My last stop on the Mediterranean coast was Antalya. Antalya is a much larger city than most of the other recent stops had been, and so it has a refreshing non-touristiness outside of the main tourist district of the old town. I staid in a beautiful pension situated in an old Ottoman house in the middle of the old town. Antalya felt even hotter than the other coastal cities, because it was really humid, so I did some more things inside to escape the heat: I visited the beautiful Antalya Museum, which has both historic and ethnographic exhibits, and a fantastic audio guide. Also, I went to a Hamam and got a traditional Turkish bath, including being washed, massaged, and repeatedly splashed with warm or cold water by the Turkish bather – quite an experience!

From Antalya, I took a plane to Ankara and from there a bus to Ürgüp in Cappadocia. Cappadocia is revered for its beautiful rock landscape, formed by a volcanic eruption several thousands of years ago. The rocks make for a scenery that looks like a foreign planet in a Science Fiction movie. It is stunning how this country has so many exceptional natural sights. In addition to the natural beauty, many of the rocks contain homesteads and churches carved in the rocks. I went to see many of them at the Göreme Open Air museum – especially the wall frescoes in the dimly lit rock churches I found very fascinating. In the evening of the same day, I went to Mustafapaşa, a small former Greek town, which is pretty but rather unspectacular.

On the last day in Cappadocia, I went for a hike through the Devrent Valley, which is situated north of Ürgüp and boasts a lot of very strange, otherworldly rock formations. The rocks vary from giant mushrooms to wavy patterns to whole fields of cylindrical rocks that look as if a once great city had molten.

The next step on the travel route is Safranbolu, an old Ottoman town, and then as the last stop Ankara.

Some pictures follow.

 

Summer Trip Pt. 5: Turkey 2

12 August 2012

Fethiye, Kaş, Çıralı

After Rhodes, I headed back to Turkey, specifically to Fethiye. Fethiye itself is a somewhat bigger town on the Mediterranean coast, with a rather big marina. The town itself is not very interesting, except for an old amphitheater there is not much “old town” left – the area called “old town” on the maps is more a collection of overpriced restaurants and bars. However, there are quite a few interesting things to see in the surroundings, and the city itself has its charm as well: one example of that is the fish market. On the fish market, you can buy fresh fish and other seafood from stalls in the middle of the market, and then you can head to one of the restaurants surrounding the market stalls which will fry or grill the fish for a relatively small fee and provide bread and salad on the side – a really inexpensive, fresh and delicious seafood dinner!

Above the town, there are some Lycian tombs carved into the rocks some 2400 years ago – quite an impressive sight, with a very nice view over the natural harbour of Fethiye. Further up in the mountains, about 9 km from Fethiye (which I hiked, sweating quite a lot at constantly over 30°C), lies the “Ghost Town” of Kayaköy. As part of the resolution of the Turkish-Greek conflict in the Turkish War of Independence (1926), Turkey and Greece exchanged some parts of their population: Orthodox Greeks moved from Turkey to Greece, and Muslim Turks moved from Greece to Turkey. Because of the disparities in numbers and other factors, Kayaköy, which was formerly a Greek settlement of ~4000 houses, was abandoned and is now virtually uninhabited – only a few restaurants catering to tourists remain. It is quite interesting, how in not even a hundred years a town can decay: Many houses have completely collapsed, and the buildings that are best preserved are the churches and chapels of the town – presumably because they had stone (as opposed to wooden) roofs, which made them structurally much more stable.

Another day trip from Fethiye took me to Saklıkent Gorge, which was really another quite fascinating natural site. The gorge is quite literally a deep crack in the mountain, which is so narrow that even the hot August sun can’t fully heat it up. It is flooded by water, which contains so many minerals and mud particles that it is quite opaque. To walk through the gorge, you have to constantly wade in knee-deep, cold water, which was extremely refreshing in this heat.

The next stop after Fethiye was Kaş, further to the east along the Mediterranean coast. Kaş is a nice little town, and very laid-back. It has a nice little harbour, with many small restaurants, some of which serve really amazing Meze (small dishes) – albeit at quite touristy prices. From Kaş, I went to Patara, which has an incredibly large and nice sandy beach, and took a boat tour to the “sunken city” close to Kekova. Here, the ancient city of Simena was destroyed in the second century AD by a devastating earthquake, and some parts of the city are now located below the surface of the sea – our boat had little windows in the bottom so that you could look down into the amazingly clear water, and see parts of houses and lots of amphorae on the ground. Also, there were plenty of opportunities to swim from the boat (not among the ruins though).

After Kaş, I went to Çıralı, which is basically a big collection of hotels and pensions close to the beach, but offers another quite amazing natural phenomenon: The eternal flame of Chimaera. On the mountains above Çıralı, the rocks emit gases which combust upon contact with the air. The flames can be seen from the sea by night and have been used by seafarers for navigation. The fire has been burning for at least 2500 years, and is said to be the origin of the greek myth of the Chimaera, which was a monstrous fire-breathing creature. I walked up the steep, rocky path to the flames after sunset, and was quite impressed by the phenomenon, especially considering that some 2500 years ago Greeks and Romans looked at these same flames coming out of the rock and tried to make sense of them.

I now have reached Antalya, the last stop on the Mediterranean coast. After Antalya, I will fly to Ankara and move on to Cappadocia from there.

Some pictures follow.

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