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Owen Vocabulary

At the last Owen Blogger meeting, we mentioned the “inside
terminology”  that seem to float around
the halls here. Not wanting to leave out our reading public, here is a vocabulary list of some of my favorites… Current and former
Owen students are encouraged to add to the list!

 

Thursday – Like Friday for everybody else, but sooner. A
good day for Owen students.

SATCO – Stands for San Antonio Taco Company. Across the
street, cheap and tasty. Not at all healthy

Deliverables – MBA speak for crap you need to get done.

MIP – A class called managing and improving processes. Very
good class.

Core – Stuff you have to take, like it or not.

MOD – A semester of material crammed into 7 weeks. Very analogous
to 10 pounds of “stuff” in a 5 pound bag.

Kegs – Thursday night social.

GSD – Get “Stuff” Done

OB – Owen Bloggers

IB –Investment Bankers. What some students had planned to
become before the snag our banks recently ran into.

Regression – Line from statistics that we like to throw
around for predicting events to come… it makes us look like we know what we are
doing.

SP – “Superior Pass” - 
Equivalent to an A, or 4.0. Everybody wants one, only a few get one.

HP – “High Pass” – Equivalent to a B+ or 3.5. Until you get
used to the grading system, it feels like a B-. More common than SPs

P – “Pass” – Equivalent to a B or 2.5. This feels like a
brick upside the head… especially if you are used to being an “A” student or
over achiever (most Owen students are over achievers).

LP – “Low Pass” – Equivalent to a B- or C or 2.0 . A hard
pill to swallow, but thankfully not a common occurrence

F- “Fail” – At this point the grade equivalent GPA value
shouldn’t concern you… you are not long for the halls of Owen.

Normal Distribution – What the grading system conforms to. A sound theory if everyone around here were normal.

8:10 left, middle, right – The three study rooms hidden
INSIDE the 8:10 café.

Oceans – actually it is OCNS which is an online
job/interview organizational tool that every students entering school should
pucker up and marry. It might be your new best friend.

CapEx – Short for Capitol Expenditures – The finance guys
throw this around like it is part of normal conversation. Finance guys don’t
know how to have normal
conversations.

Eric Petersen – I could tell you, but then I’d have to kill
you. It will be the source of many fond memories.

1st/2nd year – Our progress in school,
kind of like Harry Potter, only no quiditch.

OSGA – Owen Student Government Association. Rules with an
iron fist.

OGSM – Not to be confused with OSGA, you’ll need to enter
this before your login multiple times per week if you ever intend to use an
Owen printer.

Lee – The name of the friendly fella that cleans up after
our messy MBA butts.

CapBall or Capitalist Ball – aka The Adult Prom-  I have yet to experience it, but I guarantee
I’ll be dressed to the nines.

Froebism – An especially harsh/stark/nearly offensive comment
… usually about something economic. Usually right on the money.

Executive Board – the name we give any cluster of people
leading any other cluster of people. We like titles.

(Son of a) B**** Seat – Might be the farthest from the door
or in the middle of a full row. One way or another, it is the seat that fate
deals you when you are 20 minutes late for class… or if you really need to use
the restroom. Try to get to/from your seat and you will be a disruption.

Champagne Day – Take core Operations with Mumin… and shut
off your phone. There is always someone with your number on speed dial. When
your phone goes ring… next class is Champagne Day on you.

LTO – Leading Teams and Organizations – We read case studies
and discuss how someone else screwed up. This is often followed by our approach…
aka: how we could have screwed things up better.

LCOM – Leadership Communication – we make speeches, give
presentations, and even do a little standup comedy. I had to pay people to
laugh.

Dief – a guy who is extremely
skilled at what he does, but screws up the rest of the process.  Also used
as a verb when you are screwing up the group.  “He totally Diefed it up.”
(courtesy of Bridget Graf)

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