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Monday, May 30, 2011

we are seniors!

We welcomed the 14th batch of PGSEM on Friday. Once again I got the opportunity to stay in hostel even if it was just for 3 days.

This time, the orientation was scheduled for complete 3 days because of the CSITM workshop. Though I didn't expect to see many new students at 7 AM on Friday, I was proved wrong with atleast 10 people already present before I reached campus! After initial hiccups, we got the hostel keys and asked them to assemble at auditorium. Slightly different from our orientation, we started with very formal presentations introducing them to IIMB, PGSEM and other nuisances of the courses. After some presentations, question & answer sessions and registration processes, we dispersed. Later the day was followed by a session by Prof. Agrawal, Inauguration & an alumni session. The alumni session was really interesting even for us :)

A late night with lots of games; we allowed them to go back to hostel with lot of things to prepare by 12 AM. This was because CSITM workshop organizers wanted us to leave them early so that it will not affect them....hmm

Majority of Saturday was CSITM workshop....later we got hold of the juniors :) Some hours of outbound activities and later some running around the campus :) Again we allowed them to go early back to hostel than what our seniors allowed us!!

A wonderful session on case study was the show-stealer on Sunday with a quick closing function since we started loosing audience exponentially :) Did we make them stretch too much? ;) :p

That marks my first year of MBA complete. Now just electives...will miss the core courses not because of subject content, but more because all 75 of us were together! Now onwards, we will in different classes attending different subjects!

Monday, May 23, 2011

Book Review: Your Marketing Sucks By Mark Stevens

The title attracted me to pick up this book from the campus library. Even though the title was attractive, the book was not so. Some of the topics he covers are worth reading. I got a feeling that he is just coining a term 'extreme marketing' for effective marketing.

Some of the ideas like 'every dollar spend on marketing should yield more than a dollar in sales'  and 'marketers just try to imitate competitors' are stressed in the book. At some points, I felt the book sucks! especially the examples given about IBM, infomercials etc

Overall, just a one time read!

I came across a good summary of the book. I believe reading that is enough!


Saturday, May 21, 2011

Interesting quotes from classrooms - I

Whether I pay attention to what is being taught in the class or not, I pay attention to all the interesting dialogues from professors and keep a note of it :)

Here are some of them that I noted down over past one year @ IIMB. Some are funny, some need the context to understand, some I still don't understand and some are thought provoking....

Microeconomics Professor: You can bring anything to the exam hall; its an open book test, but those may not have anything to do with the test!

Microeconomics Professor: If you are not good in maths; don't worry. Einstein was also not; If you are good in maths, you are mediocre :p

Microeconomics Professor: I am giving you an empty threat - exam will be tough; what is my payoff?

FINAC Professor: We will learn GAAP completely including Games All Accountants Play

Statistics Professor: "Finally, it's a stat exam. What's the worst that can happen? Your score is a random variable. Have a good time!"

"In India, even if you are a one in a million kind of guy,there are a thousand more just like you!!" - Courtesy: Prof. Shankar Venkatgiri, IIMB

OB Professor, "Contracts are like bikinis; they show all  exciting parts, yet cover all critical parts!"

MANAC Professor (after postponing a mid term), "I felt happy to see some of you enjoying the cultural program thoroughly. I felt  I would have done a great mistake if I had kept the exam on Sunday. As  professors we not only perform through you all, but also enjoy through you all."

Entrepreneurship Professor, "I am not here to hear you intellectual masturbation; give some viable solution!"

Law Professor(mocking cyber wing): Police may even take printer & power cord; you never know where the evidence of a cyber crimer is :p

QM Professor: Visualizing in higher dimensions take years, you can add 1 dimension in 10 years; now I can visualize in 4th dimension!

OB Professor: Our five year plans are masterpieces of fiction!

OB Professor: If you can get into a PSU, even six of you can get into an ambassador :p

OB Professor: Why is the AC not working in this class? I thought only Government is bankrupt; has IIM also become bankrupt?

CorpFin Professor: I am a humorless plain person; I guess money make all in this profession so!

CorpFin Professor: At 11:45, the doors will be closed because I have a concentration retention disorder and people coming into class after I start is distracting for me!

CorpFin Professor (recalling an old joke during his IIM days):

   Professor: Good Morning Class
   IIMC Students: Good Morning Sir!
   IIMB Students: Good Morning yaaawn..
   IIMA Students: will write down it in their notebooks :p

OB Professor: For the next 10 weeks, you are stuck with me; I am stuck with you, so lets make the best use of it!

OM Professor (after giving a 'get out!' for using mobile phone): I am sorry; I run my class like a Hitler!

OB Professor: Genes matter; Childhood matters; Environment matters; But ultimately, you matters the most!

Strategy Professor: Presentations should convey insights not how much work and effort you have put in!! (not exact words)

For the second part, read Interesting quotes from classrooms - II

Friday, May 20, 2011

40% MBA


First year of PGSEM is over with the submission of last assignment pending. An eventful year, a turning point or whatever you call it; it was wonderful!

Next one month is a break from hectic weekends, classes, assignments and exams :)

Days passes by very fast; A year back this time was also eventful, first with a waiting list, then a long pause with crossed fingers and finally IIMB opening its doors for me.

Looking back, I have learn t 13 subjects, attended or closely worked with 16 professors, wrote 20+ exams, 10+ projects, 20+ quizzes and many heated discussions & simulation games.

Do I remember all that I learn t so far or will I apply whatever learn t so far? A big NO!!

But the knowledge that was imparted to us will be helpful one day or another for sure. A typical example being - I am using some of the concepts that I learn t in marketing & strategy classes in my current role @ office. That is one of the best things one can get. I was unfortunate with that so far since I joined software development, while I learnt for four years about electrical engineering during my under graduate days.

Now with just electives left and having a decent grade to get any elective I want (of course, provided I maintain my grades), I believe I will be able to enjoy more the classes in the coming months!

I worked with 4 set of people so far - 

1) those who with the best brains and top in everything 
2) those with the best brains and never use it unless they really like to apply it
3) those who never feel dejected and keep trying to be at the top
4) those who doesn't care whatever be the case!

Some of the myths were broken in the first year such as (again it is just my personal opinion):

- The majority are normal guys who works hard even in the best IIMs
- Not all faculty will be the best even in top B Schools
- MBA is not easy; Getting there is only half way, the remaining half is even tougher
- Finance is dry; All go just behind money. Otherwise why didn't all these engineers didn't take B Com or some other finance major for their under graduation
- HR is not that boring as portrayed
- Even though managing corporations effectively and inefficiencies in bureaucracy and hierarchy are taught in these schools, it is still a bureaucratic government organization

Overall a memorable year. I enjoyed the following 3 subjects the most:

- Managing Organizations
- Principles of Marketing
- Strategic Management

Thursday, May 5, 2011

Quarter 4: A Retrospective

I know I have been keeping away from this blog for a very long time. The number of posts had dipped. This quarter was the craziest and I hated it to the highest extend possible. The last week of this quarter is fast approaching.And I am left with 2 case submissions, 2 projects, a quiz and 3 exams!! If fortunate, a surprise quiz too.

My CGPA has started behaving like a sine wave with consistent ups & dips. I am sure this quarter it will be a huge dip like stock market crashes :(

Finally decided to say bye bye to Finance though have taken an elective in next quarter :) I am not sure why I am 'finance' challenged! I studied only corporate finance this quarter so far and I am struggling hell a lot there!

Organizational Behavior has been a free ride so far; I hope it will be the same when it comes to end term also :) I have no idea what Operations Management is, so many theoretical terms and I am sure I will struggle there also irrespective how much ever time I spend there.

In terms of learning, I enjoyed the corporate finance as subject; OB was interesting when some psychology related topics were discussed, but later it became very boring....I enjoyed the simulation games in Operations Management classes :P

Overall, a pathetic quarter. No events in the campus though we had started planning for next batch's orientation.

Waiting eagerly to get the end term exams get over :P and enjoy a month's break :)