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Showing posts from August, 2010

Quarter 1 - A retrospective

3 months passed by as a B Schooler. Days were flying; still can't believe one quarter out of ten is over. Sometimes I feel happy there are nine more to go; sometimes I frown, only one is over; nine more to go :)

It is a memorable time and will be for at least for awhile. I met and made new friends, some of same age group, some old some of same wavelength some out range league :) Studied and applied (really? ;) ) applied three subjects, which I felt were interesting at least in the beginning and I am sure will benefit me some time in life.

I learn t to read an annual report, understood some Games All Accountants Play (GAPP :p ), understood something about pricing, OPEC & cartels, some gyaan on Strategy, price wars and so on. Among the three subjects, I enjoyed Strategy, though I didn't participate much in the class discussion. The interesting part was when the Professor finally agreed that strategy is 50% luck!

After years, did some academic projects, debated a lot during t…

4 Principles for Effective Requirements Lifecycle Management

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IBM Innovate 2010 happened in Bangalore on August 17 & 18. I attended an interesting session on "Ensuring Project Success: Four Principles for Effective Requirements Life cycle Management" by the IBM Rational Expert Dr. Keith Collyer. A small excerpt from the talk:

ps: The excerpt is based on my understanding of the session. It may or may not be what the speaker intended to.

Since this was an IBM Rational Product/Development Conference, his thrust in the beginning itself was on the use of tools for effective requirements management, which I also agree to an extend. The software and the systems are becoming more complex than ever day by day. So is the time frame of projects. Effective requirements management is as important as the effective development or testing or project management. The four principles that Dr Keith stressed on were:

1. Recognize the needs of all stakeholders
2. Use structure to manage complexity
3. Encourage collaboration across the life cycle
4. Promote t…

Entrepreneurship Workshop by Prof. Sunil Handa

Yesterday I bunked a class of a top IIMB professor to attend a session by a top IIMA professor :p

However I was not disappointed. It was some of the first best sessions, I had till now @ IIMB. It was the Entrepreneurship workshop organized as part of the event Eximius, the Entrepreneurship Summit at IIM Bangalore.

How more motivating can a session be more than this! At the same time not with just only motivational gyaan! but also the hard facts and some cruel, real life things that can be expected from an entrepreneurial career.

Prof Sunil Handa started the session informally with an intriguing question "Why are you here? " After some intersteing answers from audience like "I have floated a company now; would like to get some tips on how to move forward", "to understand how it is like to be an entrepreneur from your experiences", "always wanted to attend a live session of the famous Sunil Handa" and so on... he started talking about our well kno…

Pehel 2010

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July 30 - Isn't the Pehel tomorrow? - Noway!
July 31 - Shall we postpone it to next quarter?   
               Or Shall we have it on August 7/14?
               Finally, Director - its confirmed; we have to conduct Pehel on August 7

              WhatTTTT?

Though all behind the scene works were about to be finished; we were not really sure of how prepared we are to conduct our first ever program in a week's time.

However, today I can write - it was a grand success!!! The way people chipped in when the need aroused was simply superb!

Started with some very nice fun games for kids and couples, pull in for the crowd was easier. I am sure all should have enjoyed the old balloon shooting, tattoo, caricature & the pyramid games.

The formal event started with the Director & Chair person's speech, and later from our always present Professor Singh. I am sure, many of us will be interested in his elective :) Later the DML awardees were given the certificates. It was nice to…

chaos!

Another hectic weekend; though still interesting :)

Got the Microeconomics mid term paper - good score ;) 4 more weeks in Quarter 1. Have to submit two projects in 3 weeks. In one group, we haven't yet come to a conclusion on which is the topic we are concentrating on :P (One looses temper explaining his/her view; other looses patience; another is trying to resolve the issue and i am keeping myself as a silent spectator :). ) For the second project, the Professor is still teaching the area on which we have to concentrate as part of the project, so can leave it for the time being! . For the third project each one of the group is banking on the remaining seven :P

And finally, the date for Pehel is fixed. The date was back & forth changing and finally it will happen on August 7th. So many problems & back offs :(.  We were in the campus printing the invites, putting it in the notice boards, inviting faculty & informing seniors till night. I am relieved some 6-8 guys are th…

Book Review : Financial Accounting A Managerial Perspective by R Narayanaswamy

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Financial Accounting: A Managerial Perspective by R Narayanaswamy covers well the basics of accounting starting from the basic accounting equation. One attractive thing about this book is that it has lots of problems in every chapter :) If you have time and ready to do, you are with the right book. The book also have a good amount of business cases, though with no analysis.

One thing I liked the most was the tool that is provide in the student's resources (http://phindia.com/narayanaswamy/student_resources1.php) .

The book covers all the basics theoretically from basic accounting equation to cash flow statement analysis. A good read for getting acquainted with the subject!

Book Review : Microeconomics by Pindyck, Rubinfeld & Prem L. Mehta

Microeconomics by Robert S. Pindyck, Daniel L. Rubinfeld and Prem L. Mehta was the recommended text book for us.

I have to say wonderful book! Less mathematical treatment with emphasis on real life cases and just required mathematical treatment. I never expected this subject will be interesting - not sure was it because of the textbook or the professor :) The book covers at a intermediate / introductory level from the basic of microeconomics like supply & demand to game theory & asymmetrical information scenarios.

I really liked the example cases explained in the textbook. It covers most of the topics in introductory microeconomics. If you can get the solutions to the problems, this is the best book even for a self study :)

The students resources are not so impressive; However as I mentioned earlier, if you can get the solutions to the exercises; its good enough.