Truth: My Love for UBC and How I Got Here

This entry has been a long time coming.

It makes me kind of sad that I don’t have a single photo from my high school graduation ceremony.  You know those ones, where everyone is dressed in oversized, red-rimmed black gowns with somewhat forceful grins on their faces? And then there is some blurry shot of a figure walking across a dark stage? Nope, not me. In fact, I didn’t even attend this fabled important rite of passage. At the time, I was on a plane to Beijing, with the plan of coming back to Vancouver ASAP and spending as much time as possible during the the summer working to pay for a $40 000 per year tuition.

So I guess I should start my story at the beginning.

UBC was not my first choice university. For a brief time in junior year, the basement of Koerner became my second home as I toiled over a thesis paper. During the last few years of high school, I had the “fortune” of riding the 480 bus, where I vowed to never become one of the tired-looking university students spending two hours on commuting every day. UBC was too familiar, too local, too easy to get in (I know, I’m sorry). The “been there, done that” feeling was overwhelming.  In April 2008, I promptly submitted both my Statement of Intent to Register and housing deposit to a fine university on the west coast of the United States. Sunny California was calling my name and I prepared to bid farewell to rainy Vancouver.

Three months later, after I had gotten my dorm room number and planned cost-effective ways of getting to Cali by train, I threw it all away. Multiple banks turned down my loan applications. My parents shook their heads soberly: they simply couldn’t afford it. That day in August when I gave up the US school and decided to attend UBC instead, I cried – both out of frustration and relief. On one hand, I finally have a definite future, one involving one of best-regarded universities in this country where I knew what to expect in terms of academics, involvement, and expenses. On the other hand, why should I be restricted in my education by finances? Why should I be bereft of the opportunity I earned by merit, when other people had trust funds, RESPs, rich relatives, and parents with savings? What was so fundamentally wrong with me that private universities with financial aid turned me down? It is with these unanswered, unanswerable questions that I came to UBC.

I won’t lie. Despite all the wonderful things that were going on in my life, the best way to describe the first few months of my university career would be  “mundane and trivial”.  School was neither intellectually-stimulating nor particularly challenging. Some of my profs cared, some didn’t. I still worked two to three jobs, was dead tired half the time, and yearned to sleep in on Sunday morning.

Some where along the way, things changed. UBC took its hold on me. I lived and breathed Sauder and started to love every single moment of my time here. I met a supportive group of friends, peers, staff members, faculty etc.  They say university is where you meet your best friends for life, and it’s absolutely true. In addition, I had – and still have – numerous opportunities to observe how things work behind the scenes in this great institution. I appreciate and vividly remember every single elusive moment that left a happy impression on me. Four years of post-secondary eduction in the grand scheme of things is a mere instant. I intend to treasure my time at UBC, no matter how brief or intermittent.

I love UBC. I love it for the humbleness with which it presents itself to the world. I love it for the opportunities it gives to people like me to blog at our hearts’ desire. I love it for its glorious achievements on the world stage of academia. I love it in all its imperfections and idiosyncracies.

Ten years down the road, no matter where I am, I will always remember how UBC as an institution and as a collective of talented minds young and old changed my outlooks on life forever.

How to Make Money at UBC – Part 2

Click to view the first segment: How to Make Money at UBC Part 1.

6. Scholarships

Profitability: UBC has a curious tendencies of drastically downsizing the scholarship amounts after luring us in Freshman year. If you didn’t struck gold with the $20 000+ Major Entrance Scholarships, you’ll have to “make do” with mere $500 – $4000 scholarships for the next few years.

Time: The great things about some university scholarships is that you don’t even have to apply – they come straight to your mailbox thanks to a faculty committee handing them out. Others might require application forms and reference letters.

Skills/Difficulty: Not top in your class? Not to worry, you get something even if you’re second sometimes! Woot! Sarcasm aside, there is a bit of competition for grades and whatnot but we all know the atmosphere at UBC isn’t as cutthroat as those of MIT or Berkeley. So try your best kids.

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How to Make Money at UBC – Part 1

First of all, there’s no quick trick to success. Making money is hard work and even with all the loose money thrown around at UBC, it’s still an arduous process. Be prepared to invest time if you’re serious about making a few hundred quick bucks on the side. This guide is by no means all-encompassing. The stars are sort of random, but they’re quite pretty so I’m using them.

1. Workstudy Jobs

By far the most lucrative job on campus, “UBC Work Study is an employment program that provides students who are Canadian citizens or permanent residents with the opportunity to work on campus in a variety of jobs and earn additional income to help finance their education. Students can work a maximum of 10 hours/week and earn up to $3,000 for the Winter Session (September – April).” I applied for a few but didn’t get them, and slacked off on applying for the rest of the year, heh.

Profitability: Workstudy wages are superb for a students. At the low end there are opportunities for simple sitting-down for $12/h; most are around $16/h while those that require course and/or technical expertise can go up to $18-$20+/h.

Time: Maximum 1 work study job/year, usually maximum 10 hours/week. Perfect for a full time student with a medium course load!

Skills/Difficulty: There is competition to a degree for these jobs, and many of them require upper class credits or understanding of financial modelling, for example. Some of my friends have really easygoing supervisors and allow them to work from home, while others have to adhere to strict hours and standards. These jobs have intellectually glamorous titles which would add some great sugar coating to your already sweet resume. But we’re not doing it for that, are we? It’s all about the experience baby!

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Year-End Fiscal Report

2008 was a good year in the sense that I entered the workforce full time and managed to hold on to jobs during the school year. 2008 was a bad year in the sense that I spent money frivolously on non-essentials such as clothing and food. Textbooks are also huge drains from my savings.

Note: Always wanted to use the word “fiscal”… it makes everything sound so official! Oh and this entry is all about money, so stay away if financial talk isn’t your thing.  I pay for all of my own stuff except groceries and around one meal a day (lovingly supplied by my parents, fyi i still live at home).

EXPENSES PIE GRAPH

I tried to keep as an accurate account as possible (…have the habit of spending cash/debit instead of credit… ah well). As you can see, UBC textbooks took a ridiculously huge chunk out of my wallet. I’m quite happy that my university tuition was only a few hundred bucks.

EXPENSES PIE GRAPH – “WALLET” ACCOUNT

The above graph takes out all the “major expenses”. Ever since univ started I’ve been lavishly spending money on fastfood at lunch, a habit I hope to drop this year. Clothings expenses were up there as well – averages to about $30 a month which isn’t too bad.

EXPENSE BAR GRAPH – “WALLET” ACCOUNT

It’s skyrocketing towards the end of the year haha… blame Boxing Day.

INCOME/EXPENSE BAR GRAPH

Green bar = income, red = expenses. Got a job in July. Pulled in a deficit for September, but otherwise I’m in the green!

BALANCE LINE GRAPH

This doesn’t represent the actual balance (give or take a few grand), but I love having visual representation!

Now isn’t dealing with finances fun?! Coming up next: where are Phoebe’s incomes coming from? AKA Making money at UBC =D On a sidenote, for those of you looking for cheap textbooks, refer to my buying textbooks at UBC post back in September. Hope it helps!

QOTW: What do you spend the most money on? What about non-essential items?

We Interrupt Our Regular Programming

… to bring you this special message.

I just got the funniest email from the Sauder School of Business, parts of it are reproduced below. It’s titled COMM 299 Winter Term 2 – Assignment #1‏. Homework in university over the winter break?! Hmm… it’s an online assignment/survey type that takes 40 minutes, so I didn’t mind too much. Then I read the rest of the email.

For the second term of your Comm 299 class you will be learning all about how to figure out what you want in a career and how to land your dream job. It is a very rewarding and powerful part of the course. […] Developed at the Harvard School of Business, you will receive much personal value from this assignment. See below for details.

Assignment #1: CareerLeader online assessment (5%)

STEPS:

1. Pay the MANDATORY $17.50 (taxes included) fee online at [URL]
2. Take the online assessment using the following details at [URL]
3. Print out the “Narrative Report” and bring it to class during week of Jan. 12-16 […]

* The system is setup to ensure that you can take the assessment immediately even if you do not pay before taking the assessment. We recommend you pay before beginning the assessment to avoid forgetting. But you must pay nevertheless no later than March 31 at noon. Failure to do so will result in your grades being withheld resulting in a “0” grade for the course. [emphasis added]

Wait what?! It’s a 5% assignment, that requires payment, and if we don’t pay we fail the course?! Such a bright outlook for the future of business schools. So apparently the cost is there because the class taking the assignment is very large. This is ALMOST as a good as paying $45 for a piece of paper with a password on it so I can do my econ labs online.

P.S. – Lack of updates due to exam season. I’ll be done on Tuesday and will be back with a TON of uber awesome posts =D

UPDATE: You know what? I did get some great insight from this CareerLeader survey. My professor is a huge fan of this assessment so I thought, hey, there must be some merit to it eh? Although the results weren’t what I expected, it did open my worldview to other possible career options to complement my law school journey after undergraduate years. COMM 299 is slowly becoming one of my most enjoyable classes this term. But come on Sauder, couldn’t you subsidize this?!