The Reality Of Life At An IIM - Saurabh Sengupta, IIM Indore Alumnus - Part 1
"Mera MBA mere liye mazaak nahi tha"
"Mera MBA mere liye mazaak nahi tha"
Ever wondered what a financial analyst does at Amazon Prime Video? For that matter, what does a financial analyst do?
In the past decade, data science has continued to make rapid advances, particularly on the frontiers of machine learning and deep learning. Organizations now have troves of raw data combined with powerful and sophisticated analytics tools to gain insights that can improve operational performance and create new market opportunities. Most profoundly, their decisions no longer have to be made in the dark or based on gut instinct; they can be based on evidence, experiments, and more accurate forecasts. Not only the corporate but even political leaders across the globe have also recognized the importance of data-driven analytics for forming strategies.
We often come across terms like Basel Norms or even phrases like "XYZ bank has been fined a certain amount for not maintaining the required capital adequacy ratio and thereby violating the Basel Regulations". But, have we ever thought why such norms were introduced? Why are banks mandated by RBI, in India, to adhere to the same? Why is the recent PCA introduced by the RBI in 2017 linked with this norm? Let us explore the BASEL NORMS and the answers to these questions in the subsequent paragraphs.
MBA programs usually pack a hefty chunk of learning into two years; the pace and volume are intense. Like any formal education, many of the most important lessons aren’t from a book or lecture. Business school students learn all about finance, accounting, marketing, and operations, but the experience of school and the relationships are the most valuable outcome.
At IIM Calcutta and many other business schools, the second year is only about electives. We have a great range of electives, and I will not be able to justice to all of these in this post. Yet, I have tried to consider important ones from each discipline.
Here is a list of the major textbooks followed within each discipline at IIM Calcutta in the first year. Keep in mind that all the courses in first year are compulsory.
As a student of HR, it is tough to find valid resources online to know more about the field. Most generic websites just spew random outdated HR stuff and practices and are very misleading.
"Mera MBA mere liye mazaak nahi tha"
Ever wondered what a financial analyst does at Amazon Prime Video? For that matter, what does a financial analyst do?
In the past decade, data science has continued to make rapid advances, particularly on the frontiers of machine learning and deep learning. Organizations now have troves of raw data combined with powerful and sophisticated analytics tools to gain insights that can improve operational performance and create new market opportunities. Most profoundly, their decisions no longer have to be made in the dark or based on gut instinct; they can be based on evidence, experiments, and more accurate forecasts. Not only the corporate but even political leaders across the globe have also recognized the importance of data-driven analytics for forming strategies.
We often come across terms like Basel Norms or even phrases like "XYZ bank has been fined a certain amount for not maintaining the required capital adequacy ratio and thereby violating the Basel Regulations". But, have we ever thought why such norms were introduced? Why are banks mandated by RBI, in India, to adhere to the same? Why is the recent PCA introduced by the RBI in 2017 linked with this norm? Let us explore the BASEL NORMS and the answers to these questions in the subsequent paragraphs.
MBA programs usually pack a hefty chunk of learning into two years; the pace and volume are intense. Like any formal education, many of the most important lessons aren’t from a book or lecture. Business school students learn all about finance, accounting, marketing, and operations, but the experience of school and the relationships are the most valuable outcome.
At IIM Calcutta and many other business schools, the second year is only about electives. We have a great range of electives, and I will not be able to justice to all of these in this post. Yet, I have tried to consider important ones from each discipline.
Here is a list of the major textbooks followed within each discipline at IIM Calcutta in the first year. Keep in mind that all the courses in first year are compulsory.
As a student of HR, it is tough to find valid resources online to know more about the field. Most generic websites just spew random outdated HR stuff and practices and are very misleading.