After more than two years of work experience (Or whatever experience that was), I finally joined a B-School. I must admit that given the fierce competition, what people say about different B-Schools in India and different B-School rankings floating around, mine qualifies to be 'A B-School' and not 'The B-School'. The experience has been value adding and interesting nonetheless.
After working in the field of stock market for real-time trading software development at TCS, I, like any other mortal who likes money, got hooked onto the market. A few certifications and I started thinking that I know how the world of finance works. Finance seemed the most obvious choice for my MBA specialization. I knew I was made for Finance. I was born for Finance. As a matter of fact, I believed that I was born for Computers and everything there is about computing back in 2001 when I had to choose my specialization in engineering ;-). (Fortunately for me it turned out to be not so wrong and I still think I like technology and everything there is about technology and I hope it turns out to be true again this time too)
So I became a student again and after a big gap of three years, attending lectures and submitting assignments was quite a task. The strangest part and a significant difference between MBAs and Engineers comes from the fact that unlike Engineers that are programmed to mass-replicate the assignments, MBAs seem to be less into team work... This means that I have to do all my assignments on my own. Working hard throughout night, passing on work to group members, last minute changes, pretending to know everything during presentations is fun nevertheless.
Other important difference is the improved quality of the pedagogy. With all due respect to the teachers in my engineering colleges (Last time I visited my engineering college, my professors still remembered me... I am dead sure that none of them reads this blog though...), I can safely say that teachers in the B-Schools know what is teaching. Here, there's more to teaching than reading out of a book when you know that no one around is listening. Here, most of the students listen to what the professors have to say and most of the professors know what they are teaching. (The word most is of utmost importance here ;-))
The title of the post also says something about bad news. The bad news this time comes from a probable scam in the Munis Bond market in the US. Read this story in New York TImes
After Satyam, it is turn of Wipro to get punished from the World Bank. Read this Bloomberg story
The disclosure came almost 18 months after the actual ban was imposed. After world bank made the information public, the company did whatever it could to assure market of its negligible share of revenues from World Bank project but the scrip was still hammerred down 10 percentage points. In the context of the overall grim sentiments, markets seem to be in the mood of punishing even the slightest mistakes of the corporates. This also brings out the fact that disclosure norms in India need to be improved.
For the last part of the title, I am going to IIM Lucknow a couple of days hence to represent my college for an event there. Visitng an IIM campus was always a dream and I have a chance to put it into reality and that too as an all expenses paid trip by IIML :-). As I am packing my stuff and deciding things to do and movies to wathc during the 24 hours long train journey, I find this post that lists great business related movies of all time
Now that I have covered the whole title, I can hit the bed...
PS: Song Playing - Kahin to hogi woh - Jaane Tu Ya Jaane Na....
Blog to achcha hai Dost ... Par sab kuch ek hi post main daal diya, iska Topic fir Pot-Pourri daalna tha ..kidding yaar :-)
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