Term 1 - Summary
As promised, here’s the summary of Term 1:
Subjects covered:
1. Managerial Economics
2. Financial Accounting
3. Marketing Management
4. Business Statistics.
The description of the courses can be read here.
Professors who took the subject:
1. Mark Finn [Accounting]
2. Scott Ward [Marketing]
3. Robert A. Stine [Business Statistics]
4. Richard Waterman [Business Statistics]
5. Asim Ansari [Marketing] | Link 2
6. Amit Bubna [Economics]
Mode of Evaluation:
1. Managerial Economics:
Take-home assignments: 4 assignments in total, one/week. Weightage 40%
Surprize Quizzes*: 3. Weightage: 10%
End-term Examinations: Closed-notes, closed-book Examination. Weightage: 50%
* One or two objective type questions needs to be answered in the very beginning of the class, on a randomly chosen day. The question will be shown for 90 seconds. Those who arrive to the class by 2-3 minutes late will miss the quiz and thereby stand to lose the marks!
Skills required: Ability to deal with equations; Visualize graphs; Basic math skills with emphasis on differentiation.
2. Marketing Management:
Case-Studies: 4 total; 2 individual case studies and 2 group case studies.
Only the group case studies will be evaluated. Weightage: 40%
End-term Examinations: Open-notes, Open-book, Laptop allowed. Weightage: 60%
Skills required: Good at Numbers; Ability to communicate your thoughts effectively in writing;
* This course was taught by two professors. First 5 lectures were taken by Scot ward and remaining 5 was taken by Asim Ansari.
3. Business Statistics:
Mid-term: 40% [Objective type: 30 questions]
End-term examinations: 60% [Objective type: 37 questions]
Skills required: Basic statistics, Good at Numbers, Ability to model problems to equation.
* This course too was taught by two professors. First 5 by Robert Stine and later 5 by Richard Waterman.
4. Financial Accounting:
Group-Assignment: 40%
End-term Examinations: 60% [Combination of objective and financial statements analysis. Open-book, open-notes, laptop]
Skills required: Good at Numbers.
As you can see, there are various modes involved and one needs to adapt different strategies for each case. It’s absolutely imperative to be part of good study group [or make your study group rock!], as considerable portion of assignment are group-assignments. Overall, this term was quant-heavy.
Learnings: LISTEN, LISTEN, LISTEN in the classes. If one just does this, he is 70% through. Take notes actively. I realized the importance of the notes, when I was preparing for examinations. Most of the questions in examinations are based on the class lectures. It’s best to go prepared to the class. Ideal strategy would be “pre-read, listen actively, post-read“. This cycle ensures that the concept registers in the mind deeply and that no further reading is needed on this topic…I will DEFINITELY try to achieve this in the next term…Not to ace the exams, but to effectively maximize learning in minimum possible time. As the course progresses, we need to spend more time on Career-oriented activities and projects.
Another key learning: “SLEEP for 6 hours minimum“. Lack of sleep reduces the concentration level in class. Reduced concentration means losing out on concepts. This leads to back-log. The back-log only accumulates and never depreciates…So SLEEP is essential…
Hope this post was useful!
Since a lot of prospective student might be reading, some takeways from me also ,
1) As bharani mentioned, Reading before class, trying to achive a 80-20 balance between listening and hearing (100-0 if you are a real pro ) and a post class waft through the coursepacks/books/suggested readings goes a long way in reinforcing the concepts.
This can be backed up with a efforts by individuals depending on their interest areas.
2) There will be large takeaways outside the class room. Small things like prioritizing stuff to be done,deciding which talks to attend, managing the mailbox, managing the bandwidth abuse( very important in my case),Striking a balance between networking and acads,trying to get as much stuff done in the minimum numbers of hours that you are awake.
Ability to make these calls, ability to plan, implement the plans and make quick post mortems about what you did right or wrong.It goes on and on.. barring sleep, everything is learning time over here.
3) The student body would represent a large subsection of the population that you will run into when you are working, you would reticent folks, ambitious folks, the arbit cp folks.. and the gist is that you can work on realtionships with an intent to establishing trust,a collective goal ( evident in group projects ).
To cut a long story short, barring staffing up teams( which isb thankfully thrusts on you thanks to throwing you in study groups) you can learn everything else you ever needed to know about team management.
4) As my stats prof said, Its no point haggling over the 1 or 2 marks extra that could score from a request to re-eval papers, most of us are better off deciding which employers we want to talk to and what we want to do with the career.
have focus. The whole point of hijacking Bharani’s comments page is because i wanted to put in my share of thought and too lazy to blog regularly.
hope that helps.
rgds
What-a-kutty
Comment by Kataclysmic — June 8, 2005, Wednesday @ 7:43 am
You could be in touch with manish the IAS topper from IIM. All the luck
Date:12/05/2005 URL: http://www.thehindu.com/2005/05/12/stories/2005051212651300.htm
——————————————————————————–
Front Page
Railway official from Tamil Nadu is IAS topper
Staff Reporter
NEW DELHI: Railway traffic service official Srinivasan Nagarajan has bagged the top spot in the Union Public Service Commission Civil Services (Main) Examination. The results were announced here on Wednesday.
In all, 422 candidates, including 67 women, have been recommended for appointment. While the top 20 includes six women, 193 candidates have been selected from the general category, including three physically challenged persons, 118 from Other Backward Classes, 64 from Scheduled Castes and 47 from the Scheduled Tribes category. The number of vacancies reported by the Government for IAS, IFS and IPS is 91, 20 and 88, for the Central Services Group `A’ 235 and the Central Services Group `B’ 19.
It may have been his fourth and last attempt but for Tirunelveli-based Mr. Nagarajan, it could not have ended on a better note. A B.Tech from BITS Pilani, he had sociology and geography as options. Professionals have clearly scored, with the top 10 comprising an engineer, two doctors and an IIM graduate. Basant Garg and Gaurav Uppal are both doctors and hold the second and third ranks this year. Basant has cleared it in his first attempt.
Manish Kumar, ranked fifth, is an IIM graduate. He had to choose between a New York posting with handsome salary and one that would help him serve his own people.
“I decided to take the UPSC exam when I got the offer for a job in New York. Although the money was great, I wanted to do something here. I was not sure if coming back would be easy once I went there, so I decided to write the exam instead. It is my third attempt but I am glad to have finally made it,” he said. Interestingly, at least six of the top 10 were trained at an institute here. “We were confident of having our students in the top 10 but six of them, including the top three, was completely unexpected. It has been a brilliant year for us,” said Sri Rangam, the man behind the Delhi branch of Sri Ram Institute.
© Copyright 2000 - 2005 The Hindu
Comment by arvind swamy — June 8, 2005, Wednesday @ 8:13 am
Excellent summary post Bharani. Keep it up. Your blog is by far the best ever by an ISB student me thinks..
Comment by amit — June 8, 2005, Wednesday @ 11:33 am
well said amit… very good blog … very honest … very clean .. very isb… good work … waterman and mark finn are superstars .. what are your profs for next term .. is raju coming ?
Comment by Alum 2003 — June 8, 2005, Wednesday @ 3:02 pm
Bharani,
What weightage is given for sleep.In my Engg it was given -ve weightage by faculties and +ve (with grade) by friends. Hope ISB do no difference!!
Anyway have a great result..
ashish
Comment by ashish — June 8, 2005, Wednesday @ 8:07 pm
Great pos man..Thanks for sharing it with us.! How are u spending the time at Hyderabad.?
Comment by Indianblogger — June 8, 2005, Wednesday @ 10:06 pm
Thanks Chandra for posting your opinions…You are always welcome to use my space..
Arvind, thanks for the news…Do you have the email Id for Manish kumar?
Amit, It’s very pleasing to hear such comments…If the blog is serving it’s purpose, then I am happy…You are doing a great job too…
Alum, thanks for the words..It’s become regular for me to hear comforting words from you…
B, Will get back to you soon…I am still to get confirmation from Dips…Will finalize it tomorrow…
Ashish, People compromise on sleep whenever they are on time-crunch..It happens invariably all the time…
Comment by Administrator — June 9, 2005, Thursday @ 2:37 am
Hey Alum2003, Yes Jagmohan Raju is coming for the MDM course in Term II.
Comment by amit — June 9, 2005, Thursday @ 12:49 pm
Raju is a stud, what a guy man !!! he is awesome , he just has so much character … he will impress the whole isb for the man he is .. watch this space .. btw, who are the other profs… caution ..if u dont attend atleast 8/10 lectures of his, he gives u zero in CP !!! better attend !!
Comment by Alum 2003 — June 9, 2005, Thursday @ 2:58 pm
Brilliant Mr.Nagarajan, the IAS examination Topper. Country needs specialists like you to prepare people for the e-age governance. Congrats Mr. Manish Kumar for opting to serve the nation in the midst of pressures to join the private sector. We need technocrats. This is the time when Government services need to become more responsive and resource-conscious. Regards to Mr.Srirangam Sri Ram for moulding young minds towards higher levels of excellence.
Comment by Ramanathan — June 10, 2005, Friday @ 7:47 pm
Manish Kumar (IIM) IAS, mentioned in the Hindu news report given above: email: manishk2001@yahoo.com
Comment by arvind swamy — June 12, 2005, Sunday @ 7:55 am
Hey Friends, Hi
Thanks for words of encouragement and my frinds will help me in small way to do teh job competently. My e-mail id is .
Tahnks with Regards,
Manish Kumar
Comment by Manish Kumar — July 11, 2005, Monday @ 11:41 am
Hey Friends, Hi
Thanks for words of encouragement and my friends will help me in small way to do the job competently. My e-mail id is
Thanks with Regards,
Manish Kumar
Comment by Manish Kumar — July 11, 2005, Monday @ 11:50 am
manishk2005@rediffmail.com
Comment by Manish Kumar — July 11, 2005, Monday @ 11:52 am
Read IAS Topper 2004 Manish kumar Interview in www.threeauthors.com.
Comment by geetha — July 27, 2005, Wednesday @ 10:49 pm
Read IAS Topper 2004 Manish kumar Interview in www.threeauthors.com
Comment by geetha — July 27, 2005, Wednesday @ 10:50 pm
Read IAS Topper 2004 Gaurav Uppal Interview in www.threeauthors.com
Comment by geetha — August 9, 2005, Tuesday @ 5:56 pm
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