2 months into an MBA course …
Posted August 8, 2009 – 5:12 pm in: BedTime Stories2 months into an MBA course, and this is how it changes the way you think. Some instances to quote -
- An unusually free weekend makes you think …
“The lull before a storm” - The rising sun reminds me that i need to get some sleep before the class begins.
- The college is my asset. (Our prof said that any advance payment is an asset - We pay the fees for the college before the course begins. So the college is my debtor)
- Any experience nowadays makes me think in terms of what is called Double Entry in Accounting lingo
Eg: You enter the class at 9.02 am, and are not allowed inside. So you return back to the hostel.Another 1.5 hours of sleep - Dr
Attendance - CrWhen a lecture gets over and another one begins
Prof B - Dr
Prof A - CrHowever, there are certain transactions where there is a Double Entry, but on the same side
Eg: Attend project meetings
2 hours - Cr
A movie/ other lost utility - CrAfter 2 months staying in a hostel, you get used to the menu so much that
Cash(prepaid mess charges) - Cr
Cash (paid at Dadu’s to have Maggi,sandwich etc) - CrThere are a few cases which have a one sided triple entry too:
We had an MCQ quiz with negative marking scheme. It was so tough that invariably, many people ended up in the negative territory.
Marks(forget scoring, whatever marks were scored earlier were also taken away) - Cr
Time and Sleep (spent in preparation) - Cr
Motivation - Cr
… … - There are certain days when our mess provides curry in small dessert sized plates instead of placing it in the normal buffet counter. And, I never found any difference between the one served in plates and a similar dish served ordinarily on another day in the buffet counter.It makes me think of the possible strategies behind it, which I would not have thought of 3 months ago:
- Brands represent how the companies want the products to be perceived by us. So, in order to project the same ordinary dish as something special, the mess serves it in separate plates.
- There was shortage of that dish on that particular day. If it is served in plates, they can accordingly adjust the quantity of the dish in each plate, which increases the chances of serving the entire crowd. - When I buy a bottle of water, it makes me think of the entire supply chain before the product came into my hand.
And many more !
Tags: MBA experiences, XLRI
4 Comments
hey, neva knew u 2 maintain a blog…good post! keep writing…
Oh God! 5 mins of reading your debit and credit has undone 5 years of my CA learning!!
Haha .. that was just a joke. In these 3 months, I’ve learnt accounting a little better than that !!
hehe. thanks !