Term 3 subjects
Oops I did it again. I havent updated dear bloggie since 2 weeks. I think this was the longest hiatus. Anyway here I am back again.
Would like to share a few thoughts about the subjects this term:
Corporate Finance: Very interesting subject which teaches yuo everything about the elusive financial world. I didnt knew there were so many interest rates and selecting the right one was so difficult. The prof is amazing and is really the Bhagwan of any thing related to money (read finance). We also call him Chacha Chowdhry with love (hope he is not reading this). You have to be dead alert in his class and hang on to every word that comes out of his mouth. You miss one word and you are done for. You will have to read reams of pages from the textbook to get it. His jokes are also great, especially about the nice guys and how to have a wonderful sex life.
Managerial Accounting: This subject involves using accounting data for managerial decisions. It includes everything from cost accounting, activity based costing, budgetting, common errors done by managers in interpreting the data, transfer pricing etc. The subject is dry and the profs try to make it interesting but they fail miserably. I didnt know a manager's life was that miserable!!
Operations Management: Another dry subject, which consists of inventories, throughput rate, expenses, the Goal by Goldratt, services capacity planning, quality management etc. There are so many concepts and so many relations and so many quantities to remember that you end up getting confused as to which concept to use where. An Operations Manager role has become a strict no no :-))
Entrepreneurship: This subject basically contain love stories between man (which means both the sexes) and his/her enterprise. It depicts in rigorous details the emotional, financial and intellectual turmoils that an entrepreneur has to undergo to build his/her baby from scratch. How he/she has to get it financed from profit chasing venture capitalists, emotionally blackmail the F network and eke out seed capital from relatives, friends and friends of relatives and relatives of friends. How he/she has to toil day and night during the initial stages and then reap the benefits when the enterprise grows. A very thought provoking subject.
Would like to share a few thoughts about the subjects this term:
Corporate Finance: Very interesting subject which teaches yuo everything about the elusive financial world. I didnt knew there were so many interest rates and selecting the right one was so difficult. The prof is amazing and is really the Bhagwan of any thing related to money (read finance). We also call him Chacha Chowdhry with love (hope he is not reading this). You have to be dead alert in his class and hang on to every word that comes out of his mouth. You miss one word and you are done for. You will have to read reams of pages from the textbook to get it. His jokes are also great, especially about the nice guys and how to have a wonderful sex life.
Managerial Accounting: This subject involves using accounting data for managerial decisions. It includes everything from cost accounting, activity based costing, budgetting, common errors done by managers in interpreting the data, transfer pricing etc. The subject is dry and the profs try to make it interesting but they fail miserably. I didnt know a manager's life was that miserable!!
Operations Management: Another dry subject, which consists of inventories, throughput rate, expenses, the Goal by Goldratt, services capacity planning, quality management etc. There are so many concepts and so many relations and so many quantities to remember that you end up getting confused as to which concept to use where. An Operations Manager role has become a strict no no :-))
Entrepreneurship: This subject basically contain love stories between man (which means both the sexes) and his/her enterprise. It depicts in rigorous details the emotional, financial and intellectual turmoils that an entrepreneur has to undergo to build his/her baby from scratch. How he/she has to get it financed from profit chasing venture capitalists, emotionally blackmail the F network and eke out seed capital from relatives, friends and friends of relatives and relatives of friends. How he/she has to toil day and night during the initial stages and then reap the benefits when the enterprise grows. A very thought provoking subject.
posted by Bon | 12:40 pm
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