Another big challenge for students is to study a completely new subject out of their past domains and gain expertise in it within a span of 1.5-2 months. Now being an engineer, I can completely sympathize with all the science students on how it feels when you read through those financial statements and journal entries. I felt alienated in my 1st Accounts session when I was introduced to the traditional and modern accounting rules, going concern and accrual concepts, and the wide range of bonds and investments. Thankfully, this time IIM Shillong has a significant share of CAs and CFAs in the batch who helped us in clearing our accounting concepts. The multiple KT sessions conducted by them seemed like a rope offered to us to climb up the steep route of Management Accounting.
But it is not like we engineers do not know how to return the favour. We took initiatives as well to help our batch with subjects like IT Tools and Statistics. Our professors often got surprised when they saw Commerce graduates working fluently on R and Excel, and Science graduates making rapid journal entries for the accounting transactions. This is the value that peer learning can add to b-school studies.
And trust me guys, if you need to excel in all subjects within such a short span, then you have to efficiently channelize this academic diversity factor. Take full advantage of your study groups, ask each member of the group to take ownership of 1 subject each which he/she can master in and later share their knowledge with the entire group.
Last but not the least, never get into the panic mode! Remember, it is just a phase that will come and go. Our seniors survived it, we have survived it and so you can survive it as well. Never lose your self-confidence, if you are not able to gain control over any situation, then simply go with the flow, keeping your eyes and ears open, being aware of what is going around. Moreover, anything else, keep things light and playful and enjoy the process :)
Comments
Nishita Jagasia
V well expressed
11 Aug 2018, 10.35 PM