Stack means LIFO and Queue means FIFO. The most basic data structures in computer science.
Well, apparently, they are also inventory costing methods used in Financial Accounting.
So what's the best thing about coming to a B-School from an engineering background?
Quant skills? Structured thinking? A sense of confidence that you would be able to survive it? Knowing the equation of a normal distribution and being able to handle probability?
No. If you ask me that is.
The best thing is that none of the courses are a repeat of what you did in undergrad. Which means that the balance sheets and the bond pricing and the supply, demand, interest rate graphs are all new for me. Yes, for some of the things, (and this is mostly in economics) Wikipedia had already given me a foundation to build on, but learning about how the Fed might lower interest rates to bolster investment in a formal setting is certainly helping me get a stronger grasp on it. Suddenly the articles in the WSJ have started to make sense. Like when they talked about Amazon, Wal-Mart and Target not being able to discount price books in Europe or when they analyzed various industries on the basis of cash as percentage of assets.
It's tiring and frustrating at times. Being asked to do so much in so little time. But at least so far, it takes just a moment to sit down, take a few steps and realize the tremendous potential these two years have. And I'm not talking about getting a great job and walking out with a fat paycheck. I'm simply talking about the perspective a B-School can (and already is) give to someone who hasn't studied about business before.