NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Business

Sarah Stuart: Terror no excuse for failing to try

NZ Herald
2 Jun, 2014 11:40 PM4 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Photo / Thinkstock

Photo / Thinkstock

I was terrified. Beaten. Broken before I began. More seasoned students than I bandied the word around like a talisman: Quant.

"Have you done Quant yet?" they'd smirk as I crowed about my latest marketing assignment or the management theory I'd decided was rubbish. "Who have you got for Quant?" they'd ask, a brow crease of concern failing to mask their inner glee.

Quantitative Theory: a subject whose very name I'd had to Google. It was models; formulas, inputs and outputs. It was managerial decisions based on mathematical and statistical techniques. It was born out of military and logistics issues in World War II. It was horrifying and, before the semester began, I lined up a tutor I couldn't afford.

Admission to the MBA necessitated an extensive online maths assignment - 10 modules of algebraic equations, basic accounting and finance. It was designed to get the class starting from a semblance of understanding, to even out the knowledge gaps. I hired help for it and finished knowing exponentially more than I began with, but still far less than everyone I've encountered since. BEDMAS (brackets before exponents before division before multiplication before addition before subtraction when working on sums left to right) was a revelation. I went and purchased a scientific calculator that I spent the rest of the year trying to learn how to work.

I borrowed the class textbook from a friend who'd scraped through the course a year earlier. It said things like "Simple discrete probability distributions" and "the variance is the squared value of the standard deviation". When the night of the first class came around, I was prepared for battle myself. This WOULD NOT BE EASY.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

And it wasn't. But to my astonishment, it was doable. The professor, an imposing Indian digital technologies specialist, had the kind of sonorous voice that could lull you into a 7pm snooze. Thankfully, he recorded all of his four-hour evening lectures. Unbelievably, many of us listened to them several times over.

I didn't, of course, grasp every nuance. But I did learn a useful amount about applying market research; knowing if a sample works and to what extent; how to calculate correlations, how to predict and forecast through regressions. I can calculate probabilities and know that deviation isn't just taking a new route home - and that Game Theory and Dominance are not as exciting as they sound.

My fellow students and I studied for that exam like no other before it or since. It required rote learning of many formulas and the ability to apply them to real-life situations. I'd downloaded an online app Statsplus for my work at the beginning of the semester: two days before the exam I worked out it was the wrong version when the answers to all my practice tests were incorrect. Ah, so that's why I was so confused.

The result? A hard-fought for B. The worst mark of my MBA thus far and below the B+ average required to make it through to the second year (those nice wordy marketing, management and strategy courses making up for it).

The sense of triumph was exhilarating. I'd been sneered at by a tribe of young tutors appalled at my lack of knowledge. Endured hours of hearing but not understanding, persevering long enough for the penny to finally drop. It hadn't been easy. It had been bloody hard. But I'd survived, and even learnt quite a lot. Most importantly, perhaps, I'd accepted a truth that I'd never honestly believed before.

Discover more

Opinion

Sarah Stuart: Better than 'management pornography'

06 May 12:00 AM
Opinion

Sarah Stuart: How to take a Kiwi company international

12 May 02:35 AM
Opinion

Fran O'Sullivan: Act ups the ante on era of entitlement

13 May 09:30 PM
Opinion

Sarah Stuart: How entrepreneurs think

21 May 12:00 AM

You really can do anything if you put your mind to it. Terror is no excuse for failing to try.

Save

    Share this article

Latest from Business

Premium
Business

Trump’s finances were shaky. Then he began to capitalise on his comeback

05 Jul 08:00 PM
Premium
Media Insider

TV shake-up: Sky TV set to lose channels - viewers 'don't like repeats'

05 Jul 09:46 AM
Business|companies

Entrepreneur Bowen Pan on why he returned to NZ

Audi offers a sporty spin on city driving with the A3 Sportback and S3 Sportback

sponsored
Advertisement
Advertise with NZME.
Recommended for you
'Safety risks': Should hospital security guards double as cleaners?
New Zealand

'Safety risks': Should hospital security guards double as cleaners?

05 Jul 10:45 PM
'It tore me to shreds': Rod Stewart on age-gap love and split with Rachel Hunter
New Zealand

'It tore me to shreds': Rod Stewart on age-gap love and split with Rachel Hunter

05 Jul 10:31 PM
'Words can't describe it': All Blacks duo react to making test debuts
All Blacks

'Words can't describe it': All Blacks duo react to making test debuts

05 Jul 10:06 PM
Noel Edmonds to marry again: British TV star proposes in hot tub in NZ
New Zealand

Noel Edmonds to marry again: British TV star proposes in hot tub in NZ

05 Jul 09:00 PM
On The Up: Miniature backyard pubs a hit for Christchurch family business
Lifestyle

On The Up: Miniature backyard pubs a hit for Christchurch family business

05 Jul 09:00 PM

Latest from Business

Premium
Trump’s finances were shaky. Then he began to capitalise on his comeback

Trump’s finances were shaky. Then he began to capitalise on his comeback

05 Jul 08:00 PM

NY Times: Records suggest his riches were not the product of a steady and strong empire.

Premium
TV shake-up: Sky TV set to lose channels - viewers 'don't like repeats'

TV shake-up: Sky TV set to lose channels - viewers 'don't like repeats'

05 Jul 09:46 AM
Entrepreneur Bowen Pan on why he returned to NZ

Entrepreneur Bowen Pan on why he returned to NZ

Premium
Silicon Valley to NZ: Kiwi Facebook Marketplace inventor is back home to give back

Silicon Valley to NZ: Kiwi Facebook Marketplace inventor is back home to give back

05 Jul 12:00 AM
Gold demand soars amid global turmoil
sponsored

Gold demand soars amid global turmoil

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP
search by queryly Advanced Search