Tuesday, November 17, 2009

Core Term: My Learnings

Term I
a) Financial Accounting in Decision Making: Accounting Shenanigans
b) Statistical Methods for Management Decisions: 95% Confidence Interval doesn't always translate to 95% confidence
c) Managerial Economics:Me in your shoes, you in mine!
d) Marketing Management:Restaurant menu can be engineered

Term II
a) Global Economics: The group in minority is the most vocal
b) Decision Models and Optimisation:One can by-pass probability through expectation
c) Competitive Strategy: Strategy works best ex-post
d)Marketing Decision Making: Mark-Strat (sigh!)

Term III
a) Corporate Finance: Arbitrage is a myth
b)Operations Management: An hour saved at a non-bottleneck is a mirage
c) Managerial Accounting and Decision Making: Cost, cost and cost
d)Entrepreneurship: You can chose any profession but nothing beats the thrill of entrepreneurship

Term IV
a)Investment Analysis: It is very difficult to make money in the market
b)Strategic Analysis of Information Technology:Sleeping with eyes wide open
c)Government, Society and Business: Per capita income is not the best measure of human development
d)Management of Organisations: You can fool some of the people all of the time and all the people some of the time

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