CU and I decided to flip over to CNBC last night at 8 PM to watch the Fast Money MBA Challenge, which pitts MBA students from “top business schools according to the 2007 U.S. News & World Report Top Business Schools ranking” (which incredibly, doesn’t include mine) against each other for cash! prizes!

I suspect they chose these particular schools not because of some arbitrary ranking, but because each team member will need their 1/4 of the $200k cash! prize! to pay off their student loans post-graduation. Actually, now that I think about it…that will probably only cover part of it.

All I can say is…what can you say about a show which starts off with the question, “Toucan Sam is the mascot for what product?” Doesn’t that seem a bit more suited for Are You Smarter Than A Fifth Grader? And yes, I got that one right.

The part of the show that tripped me up was the one I like to call “Name That Stock Symbol!” Unfortunately, I heard “Name That Airline Code!” and, despite living in the Dallas-Fort Worth metroplex and hearing the acronym AMR about 8 trazillion times a day, I still blurted out “AMERICAN AIRLINES!” when the host asked which company AA was. Turns out, it’s Alcoa. Go figure. Another symbol, I could swear was the airport code for New Orleans. You see, in my little world…sometimes I make up my own game show if the one I’m watching doesn’t suit my brain pattern at any given time. You know how it is.

We kept watching though, because about ten minutes in, CNBC ran one of those “Which team do you think will win? Text your answer to us and YOU COULD WIN a free iPhone!” promos. Convinced we were probably about 50% of the viewing audience for the show and therefore had a greater chance of winning, we texted our answers (and, we’re not dumb…we each submitted a different answer). Sadly, the other two people won. Boo.

Our results were mixed…I got some questions right which CU didn’t get, but he knew more of the in-depth business questions. I told him that maybe I needed to get off Fafarazzi and buy a subscription to Investor’s Business Daily. Oh, I also need to pick up a new suit.

During Final MBA Jeopardy and the cutthroat battle between Columbia and NYU, the answer to Columbia’s final question at first…I thought…was Richard Branson. Then, when they gave the second clue, I knew exactly what the answer was: J.K. Rowling. How did I know that? Why, Fafarazzi, of course!

Forget the top eight business schools…I want to see teams from the top 100 business schools. Who wants to watch future contestants for The Apprentice when you can watch folks like…well…me?