Taxation is a sensitive topic (so is tax tutoring – if we may add a little). It’s not often that you hear someone say ‘tax me some more’! And it’s not often that you come across someone who thinks honestly. Warren Buffett is truly someone who thinks honestly. Be it disputing finance theory or saying ‘tax me some more’!

Here is an excellent article by Warren Buffett in which he says that he is paying far less taxes (as a percentage of his income) than most people and that the rich should and can afford to pay more taxes. This has been his position for sometime now but this is the first time I’m seeing it documented with facts in a newspaper.

Critics may say that Warren Buffett is over simplifying taxation. US taxation is a complex legislation and applying it to over 300 million people uniformly is not easy. However, Warren Buffett’s main point is that the rich are paying less taxes (as a percentage of income) than most people including the poor. The rich should and can afford to pay more taxes. And this can be changed by removing the benefits given to the rich (including lower taxes on capital gains) without hurting the economy.

We need more people like Warren Buffett!

PS: Please give us 5 minutes to expand on this topic, if you are doing tax tutoring with us

Have we learnt our lessons from the economic crisis? Or do we still need more financial risk tutoring? What can MBA programs do to promote an understanding of financial risk in MBA students who will lead in the future ?

The economic crisis over the last two years has seen plenty of paper, ink and blog space being used to point fingers at almost everyone! Governments, political parties, organizations ( both private and public), individuals, leaders, society, habits, et al have been accused of contributing to the crisis. Economist.com has an interesting take on financial risk. In a special report on financial risk Matthew Valencia talk about various views. Read it in detail.

Much has been written and talked about. Have we learnt our lessons? Or do we still need more financial risk tutoring? I believe we still need more financial risk tutoring. Creative financial accounting, fancy economic models and financial modeling, etc are not the solution. Business schools must make financial risk management an integral part of their MBA programs.

The MBA program is a challenge for most of us! Juggling work, studies, family duties, extra curricular activities and other demands on your time is never easy. If you are from a non- business background you can add to that list subjects like accounting, finance, statistics and operations research which require great tutors and sufficient time to master. We hear this often and want to highlight this great quote from Roosevelt.

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.

- Teddy Roosevelt, April 23rd 1910

Hang on and persevere. This MBA program will be over soon and you will enjoy the benefits of being an MBA graduate! In the meantime, if our MBA tutors including accounting tutors, finance tutors, statistics tutors, economic tutors, operations management tutors, etc can assist you in any way, please do not hesitate to get in touch with us. Private tutoring does make learning a lot easier and faster.

We truly believe that MBA programs (good ones) are worth every dollar you spend on them and are easily one of the best masters’ programs out there (for most people).  One of the reasons is that an MBA program is very versatile.  If you list out all the sectors or functions that students join after their MBA, you will  probably list out everything under the sun.  An MBA adds value in almost all industries, sectors and roles.

Here is additional evidence why we believe that an MBA is a versatile program. An Economist article on the economics of cows mentions  that Dr Galligan, got an MBA from the University of Pennsylvania after originally studying veterinary sciences. He is now teaching veterinary economics. He has also spent time helping Amish farmers in the past! How much more interesting can life get!?

Here is the kicker! Whichever industry or function you are in one of our MBA tutors can tutor you on a subject that is of interest to you!  The range of concepts we tutor students in is so wide that between our pool of MBA tutors (finance tutors, economics tutors, statistics tutors, accounting tutors and financial modeling tutor) we will have something that is of interest to you! It may be understanding the economics of a cow, calculating the net present value of an asset, figuring out the return on investment of a new project, building a business plan or a financial model for a business plan, or figuring out the marketing strategy for a new market but one of our MBA tutors can help you learn something interesting. Challenge us on this. Give us a call.

GraduateTutor will now provide tutoring for MIT’s Open Course Ware (OCW) program – Financial Management-15.414. Corporate Finance, Capital Markets, Managerial Decisions, Financial Assets, Financial Derivatives etc are few common titles that one come across very often in B Schools and for that matter in a corporate world. MIT’s Open Courseware via Sloan School of Business titled ‘Financial Management-15.414 (Summer 2003)’ includes all of the above!

MIT’s Open Courseware (OCW) via Sloan School of business is a generous innovation in the field of education. Graduate Tutor has been working towards its vision; to make learning easier than ever before by rendering homework help and tutoring services on various topics included in MIT’s OCW. ‘Financial Management-15.414 (Summer 2003)’ is the latest addition.

Graduate Tutor’s expert tutors consist of MBA, CPAs or CFAs with strong tutoring skills in accounting and finance among other topics. Currently we provide tutoring to finance students from a number of top business schools and we are confident with their ability to tutor ‘Financial Management-15.414 (Summer 2003)’

‘Financial Management-15.414 (Summer 2003)’ is just one of the many topics that we plan to provide tutoring in. We hope to widen our spectrum and provide tutoring support to more programs included in MIT’s open courseware.

Enjoy learning and look forward to it!

As part of GraduateTutor’s vision to make learning easier, we are officially beginning to provide homework help and tutoring for a range of Open Courseware (OCW) programs. We will begin by provide homework help and tutoring for MIT’s Sloan School of Business’ 15.501 / 15.516 Introduction to Financial and Managerial Accounting (Spring 2004).

Graduate Tutor’s accounting tutor group consists of MBAs and CPAs who currently tutor students from a number of top business schools and are well placed to tutor students learning from MIT’s Open courseware (OCW).

The Introduction to Financial and Managerial Accounting course is only the start and we hope to provide tutoring support to many more Financial Accounting and Managerial Accounting courses soon.  We have a very strong pool of Financial Accounting tutors and Managerial Accounting tutors and hope that you will be able to enjoy learning with our Accounting tutor group.