Back in the days when I was preparing for CAT, I used to read through a lot of articles to improve my reading comprehension. Articles of Former RBI Governor Dr. Raghuram Rajan are/were regular features in a number of publications. Fast forward a year and it was hard to believe Dr. Rajan standing 20 feet away from me answering a question of mine, on the role of credit rating agencies in growing NPAs in India. Four months into the course at IFMR GSB, one thing which I learned is this MBA never fails to excite me!
It was a regular hectic day at IFMR when we received an email that Dr. Rajan will be visiting the campus to address us, followed by a Q&A. Our Dean Dr. V Ananth Nageswaran, who himself is an economist and joined the Prime Minister's Economic Advisory Council recently was going to moderate the session. It was a dream come true for me to attend a session like this by two eminent personalities closely associated with the government and its economic reforms.
The Q&A covered a lot of topics like the real definition of recession, global economy, automobile slowdown, the banking industry in India and the RPEC trade deal. Then it was our Dean's turn to ask the question. Mr. Nageswaran asked Dr. Rajan about the best moment of his tenure as RBI Governor. He said being able to bring down the inflation rate at a time when people said it was not possible to do so, was one of the best moments of his tenure.
As a message to the outgoing batch of students, he said that life should be a journey where each individual should have a flexible mind and willingness to adapt to circumstances; this will help each individual to find his/her strengths along the way.
From understanding economics by reading his articles in a newspaper to asking him a question about the same economy in-person - life has become really exciting!
- Bhavith Sunkara
Student of IFMR-GSB Krea University