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Internalizing Externalities

Monday, May 09, 2005 at 11:09 PM

Monday Morning Bliss

8:30am on Monday’s

A time when most of the world is trying to shake off Monday morning blues.

Here at ISB, it’s the time to relax, celebrate.

That’s our deadline for completing and submitting assignments given during the previous week. We have classes only for four days a week till Thursday. After finishing our first four days of classes we thought the worst was behind us. But the kind of assignments that were thrust upon us – from marketing blades in Indonesia to calculating economic profits of a Sanjay Leela Bhansali movie – converted our extended weekend into a sleepless nightmare.

That’s the reason for the joyous faces on Monday. My celebration consisted of plonking down in front of the tv for the first time. Caught the replay of the Roddick vs Verdasco in the Masters Cup. What a match!! Raw power play – Verdasco hammered Roddick out of the court in the final set – all this for the honesty displayed by Roddick during match point in the second!!

Looking forward to the French Open and of course next Monday...

Sunday, May 08, 2005 at 11:10 PM

Gillette sales plummet at ISB stores

This has to do with the inactivity on my blog for the last three days. People have been battling it out on a Gillette case study. Being the first assignment to be submitted, enthu levels were quite high as groups started out on Friday, some with straight 7 hour discussions on what Gillette could have done in Indonesia in 1996.

But by Sunday morning most of the male population had vowed not to look at Gillette products, while others have stopped shaving all together. You never know what an MBA can drive you to.

We are already seeing a sample of the enthusiasm graph. As shown by an alumnus in his presentation, people are quite charged up at the beginning of term1. Then the graph dips down till term 5 and then there is a sudden surge due to the upcoming placements. Sustaining the initial momentum and carrying it forward for a year is the key.

Wednesday, May 04, 2005 at 7:47 PM

Good reason to fail in Accounting

Here's a terrific incentive for doing badly in accounts class:

Ebbers mounts an 'I never knew' defense from nytimes.

Bernard J. Ebbers the former CEO of Worldcom, uses his lack of understading of technology and finances as his defense. Ignorance is definitely bliss!!

19910331

Monday, May 02, 2005 at 9:49 PM

Intellectual Value Added

The Gods from Wharton and Kellogg were seen and heard today at ISB. We had our first classes today after two weeks of orientation. Befitting the occasion, the heavens themselves opened up at Hyderabad – heavy downpour for most after noon, a divine sign for us to take it cool!!

Scott Ward from Wharton taking a course on Marketing and Mark Finn from Kellogg handling Accounting. Each class lasts for two hours and the amount of Intellectual Value Added is tremendous.

The whole study cycle is basically reversed from what we have been used to – most of the reading is done before class as opposed to not knowing what the subject is about till the last night before the exam. Last minute preparations, the tension, and the adrenaline rush at the nth hour is what we lived by during our engineering courses.

Before I slip into reminiscing about college, let me get back to reading for my economics and stats classes tomorrow. It's a whole new ball game out here!!