MGMT 1B
Principles of Accounting
Description: Lecture, three hours; discussion, one hour. Requisite: course 1A. Not open to freshmen. Completion of balance sheet with emphasis on debt and equity, including in-depth introduction to time value of money concepts. Introduction to partnership and individual income tax accounting. P/NP or letter grading.
Units: 4.0
Units: 4.0
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Most Helpful Review
Fall 2023 - Probably the most unprofessional professor I have ever had at UCLA. I wish I had filled out her evaluation so that she could see this. She's a decent lecturer and has engaging activities during class to help us learn but do not listen to a word she says about what will show up on the exams. For our midterm, she assured us she would provide us with a list of ratios and we would NOT have to memorize them, only know what they do and whether we prefer that the ratio is high or low. Specifically, this is what her email said: "For Chapter 13, I do not expect you to memorize ratios introduced here. If such ratio is provided in exam you should be able to identify ratio and it's purpose and conclude as to it's meaning for company." Guess what? Big fat lie. She did not give us the ratios. One of her TAs told me that when she learned that students were pissed off about this, she told the TA she did not care because it's her exam and she can do whatever she wants. Bottomline, not a good professor at all in terms of honesty. I would not take her again. Still better than Gardner though I guess.
Fall 2023 - Probably the most unprofessional professor I have ever had at UCLA. I wish I had filled out her evaluation so that she could see this. She's a decent lecturer and has engaging activities during class to help us learn but do not listen to a word she says about what will show up on the exams. For our midterm, she assured us she would provide us with a list of ratios and we would NOT have to memorize them, only know what they do and whether we prefer that the ratio is high or low. Specifically, this is what her email said: "For Chapter 13, I do not expect you to memorize ratios introduced here. If such ratio is provided in exam you should be able to identify ratio and it's purpose and conclude as to it's meaning for company." Guess what? Big fat lie. She did not give us the ratios. One of her TAs told me that when she learned that students were pissed off about this, she told the TA she did not care because it's her exam and she can do whatever she wants. Bottomline, not a good professor at all in terms of honesty. I would not take her again. Still better than Gardner though I guess.
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Most Helpful Review
Professor Klein is the worst. His exams didn't have much correlation with his lectures and the book. His lecturing style is all over the place and doesn't seem to lecture fully on a topic. His office hours at at ridiculous hours (like at 8am) and he does not reply to your e-mails. He does not give partial credit and grades extremely harshly. There are much better management professors out there. Whatever you do, avoid Klein.
Professor Klein is the worst. His exams didn't have much correlation with his lectures and the book. His lecturing style is all over the place and doesn't seem to lecture fully on a topic. His office hours at at ridiculous hours (like at 8am) and he does not reply to your e-mails. He does not give partial credit and grades extremely harshly. There are much better management professors out there. Whatever you do, avoid Klein.
Most Helpful Review
Let me state here that he is a great prof - straightforward exams that are of above average but not impossible difficulty, complimented by solid lecturing from who seems to be a very knowledgeable man. Only thing I didn't like was how he added surprise quizzes and an extra homework in the class without any kind of legitimate warning. The syllabus mentioned quizzes, but not how they would fit into grading. From someone used to profs adhering exactly to syllabi (from engineering) this was unusual, even uncomfortable. But despite the one (minor) qualm, I like most reviewers before me, highly recommend him.
Let me state here that he is a great prof - straightforward exams that are of above average but not impossible difficulty, complimented by solid lecturing from who seems to be a very knowledgeable man. Only thing I didn't like was how he added surprise quizzes and an extra homework in the class without any kind of legitimate warning. The syllabus mentioned quizzes, but not how they would fit into grading. From someone used to profs adhering exactly to syllabi (from engineering) this was unusual, even uncomfortable. But despite the one (minor) qualm, I like most reviewers before me, highly recommend him.
Most Helpful Review
Winter 2016 - I hold Professor Ravetch in high esteem and regard. I have taken Management 1B three times. I failed three times. I gave it everything I had but I felt like maybe there was some skill missing that was not allowing me to continue in accounting. I went into Ravetch's class with a 3.4 GPA in 2011 and came out with 2.8 in 2016. It made me re-assess everything in life. I dropped out of UCLA during this time trying to figure out what was missing. I would never blame the Professor for my short-comings as a student but I am embarrassed to have come out with such low grades time and time again. He is the first Professor to fail me. It did have a psychological effect which I don't know if it may replicate in others, but it's definitely a good thing. I went to a community college and took a Math Assessment Exam to see where I stood. I was placed into Pre-Algebra. So, suffering from a severe handicap in my math skills and given Professor Ravetch is one of the greatest mathematical minds you will ever come across, I deduct that I was not on par with the standards this Professor requires. I have been in college since 2006 and at UCLA since 2010. For me, Professor Ravetch has the toughest exams ever (if you do not come from a mathematical mind-set). I recall the first exam, watch out how he phrases the Revenue Recognition question. I could not figure it out during office hours. I strongly recommend you prepare for the Market Capitalization or PE Ratio question which is very easy but use algebra and be 100% SURE OF YOUR WORK. I felt like quitting so many times or just getting a no pass deal but it seemed like taking the coward's way out. As the class proceeded, things got rougher for me. I was totally lost when it was Flexible Budget and Taxation. I recorded all his lectures and went to his class no matter what. I learned so much from his lectures but unfortunately I have not been able to translate it to a proper grade. Regardless of the fact that I am a few days from graduation, I feel like I don't deserve my B.A for the fact that I could not do better in this class. It has haunted me and continues to. I intend on returning to take his Management 1B course as an Extension class. I have enrolled in mathematics courses at my community college with the sole goal of passing his class one day. I have never earned so many F's in my life, I am in too deep. Professor Ravetch has permanently attracted me to accounting and for that I am eternally grateful. This is the best Professor I have ever had in my life. These failures have emboldened me to pursue accounting in order to one day pass his course. I feel like Professor Ravetch embodies the Bruin spirit. I am honored to be failed by him. My highest respect to those who did well.
Winter 2016 - I hold Professor Ravetch in high esteem and regard. I have taken Management 1B three times. I failed three times. I gave it everything I had but I felt like maybe there was some skill missing that was not allowing me to continue in accounting. I went into Ravetch's class with a 3.4 GPA in 2011 and came out with 2.8 in 2016. It made me re-assess everything in life. I dropped out of UCLA during this time trying to figure out what was missing. I would never blame the Professor for my short-comings as a student but I am embarrassed to have come out with such low grades time and time again. He is the first Professor to fail me. It did have a psychological effect which I don't know if it may replicate in others, but it's definitely a good thing. I went to a community college and took a Math Assessment Exam to see where I stood. I was placed into Pre-Algebra. So, suffering from a severe handicap in my math skills and given Professor Ravetch is one of the greatest mathematical minds you will ever come across, I deduct that I was not on par with the standards this Professor requires. I have been in college since 2006 and at UCLA since 2010. For me, Professor Ravetch has the toughest exams ever (if you do not come from a mathematical mind-set). I recall the first exam, watch out how he phrases the Revenue Recognition question. I could not figure it out during office hours. I strongly recommend you prepare for the Market Capitalization or PE Ratio question which is very easy but use algebra and be 100% SURE OF YOUR WORK. I felt like quitting so many times or just getting a no pass deal but it seemed like taking the coward's way out. As the class proceeded, things got rougher for me. I was totally lost when it was Flexible Budget and Taxation. I recorded all his lectures and went to his class no matter what. I learned so much from his lectures but unfortunately I have not been able to translate it to a proper grade. Regardless of the fact that I am a few days from graduation, I feel like I don't deserve my B.A for the fact that I could not do better in this class. It has haunted me and continues to. I intend on returning to take his Management 1B course as an Extension class. I have enrolled in mathematics courses at my community college with the sole goal of passing his class one day. I have never earned so many F's in my life, I am in too deep. Professor Ravetch has permanently attracted me to accounting and for that I am eternally grateful. This is the best Professor I have ever had in my life. These failures have emboldened me to pursue accounting in order to one day pass his course. I feel like Professor Ravetch embodies the Bruin spirit. I am honored to be failed by him. My highest respect to those who did well.
Most Helpful Review
Winter 2024 - Overrated and very mid class. The other reviews made it seem super easy, but averages aren't great - 21.74/25, 18.26/25 and 20.95/25 for each exam (no curve applied). Your grade is dependent on the cash flow assignment and the three exams, which is annoying because one mistake brings you down a lot of points. You can get away with not going to a single class because everything except exams are online, but you do need to know the material well in order to not make mistakes.
Winter 2024 - Overrated and very mid class. The other reviews made it seem super easy, but averages aren't great - 21.74/25, 18.26/25 and 20.95/25 for each exam (no curve applied). Your grade is dependent on the cash flow assignment and the three exams, which is annoying because one mistake brings you down a lot of points. You can get away with not going to a single class because everything except exams are online, but you do need to know the material well in order to not make mistakes.
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