When one of the Alum mentioned that we will look forward for the week rather than the weekend, most of us didn't believe that. But now after 5 weeks we will swear by it. In Term1 we have classes only from Monday to Thursday and we have no classes on Friday, Saturday and Sunday. Initially I planned to do lots of things during the weekends but now after 5 weeks I think I have to change my plan totally. Most of the time on weekends we spend in completing the assignments and during the week we spend time to catch up with whatever was covered on that day.
It's not that it is very difficult but you cannot take your eyes off even for a second. The elections for GSB president happened today and I voted for the guy who I felt had some proactive ideas. I think he is gonna win, but I don't have any idea what he is going to really achieve.
Out senior students study club has definitely benefited me, thanks to all the other memebers. We are going to continue with the effort in future too. Though we have an official study group, it is sometimes important that you have others who go at your pace and understand your troubles. Empathy is the key word.
Something interesting happened yesterday. During the day it was very hot and after the classes we all moved to our SV's and suddenly at around 9 PM it started raining heavily and the weather suddenly changed. At around midnight despite the rough rain and the wind a bunch of people came out from the comfort of their quads and studios and moved in a resolving way to SV1. They reached E5 and pushed the bell. Few seconds later the Birthday boy came out and was literally shocked to see the resolved group. The group took him from there to the pool where there were another 20 odd waiting to dunk him. It was Puneet Sakhuja's Birthday and it was time for dunking. Sec E did it again, the enthu and energy were tested but the section withstood the test. Anant Jhawar who scored the highest in the class got dunked and so were many others including me for different reasons. Then we came out, sang the Birthday song and then smeared the cake all over the face of Puneet. While returning back we were discussing the market for a cake with green papaya extract for purposes like this. It would not only serve the purpose but would also have an additional utility of acting as an exfoliant.
This is the last free weekend in Term 1 and next week we would be ferociously reading all the books, notes and whatever else we have and getting ready for the Term 1 final exams. This week is going to be further demanding as we need to catch up with everything that happened till now and whatever would be covered next week. At this stage I can say that I have become much better in statistics and economics. Marketing is untested but I am confident of ding well, financial accounting is the only subject that I need to prepare well.
I have decided to go take some time out for myself and go for a swim. Let me not further prolong this post. Happy weekend to you all and best of luck for all those preparing for GMAT and those who are taking their GMAT this week.
Thursday, May 24, 2007
Wednesday, May 23, 2007
Foundations for future
There has been a strong rebounce from different quarters despite the intense pressure of Term exams looming over. Our section, Section E, has just won the volleyball competition that was squeezed into two days after the midterm. This week we have the GSB election buzz with manifestos and soap box speeches. We will be getting to see our MGEC midterm papers by afternoon and everyone is tensed inside except the two toppers who already got an indication from unofficial sources. In the midst of this CAS has organized the photoshoot for the profil book. The foundations for the placement week are being laid right from now.
Another interesting thing is that many of my vague complex thoughts are getting cleared from different dimensions. Mark Finn, Richard Waterman, Piyush Kumar and Bruce Allen continue their efforts to take us forward in our course. But it is the quizzes and the assignments that actually drive us every weekend, the classes are infact a respite from the weekends.
We continued with our last time Marketing assignment completion Marathon this time too but managed to reduce the length from 13 hrs to something like 10hrs and I think we did better than last time.
As we go through these ups and downs on a daily basis, there are a set of people who see all this amusingly and pass it of as the most common thing. Every year they get see similar things going on in cycles.
While writing this post two major thigs are completed. I have finished my photoshoot and I got my MGEC midterm scores and yuppy! I did well.
A sneak preview into what you would get to see during the placement season is below:
Another interesting thing is that many of my vague complex thoughts are getting cleared from different dimensions. Mark Finn, Richard Waterman, Piyush Kumar and Bruce Allen continue their efforts to take us forward in our course. But it is the quizzes and the assignments that actually drive us every weekend, the classes are infact a respite from the weekends.
We continued with our last time Marketing assignment completion Marathon this time too but managed to reduce the length from 13 hrs to something like 10hrs and I think we did better than last time.
As we go through these ups and downs on a daily basis, there are a set of people who see all this amusingly and pass it of as the most common thing. Every year they get see similar things going on in cycles.
While writing this post two major thigs are completed. I have finished my photoshoot and I got my MGEC midterm scores and yuppy! I did well.
A sneak preview into what you would get to see during the placement season is below:
Sunday, May 20, 2007
Intentions, perceptions and reactions
Almost everyone has a good intention when they start something. From what I have seen and heard, I think I can safely assume that each of us want to lead a happy and successful life. We try to do whatever is possible to achieve that. While we attempt to do whatever we feel is necessary, we plan things and set goals based on our capbility. Now the capability thing tends to become very subjective as it is quite difficult to measure and quantiy and therefore it depends greatly on self-perception and self-image. Some of us have great capability but we believe otherwise keeping in mind all the failures. Some us are capable but we perceive much more than what we have considering all the successes that we had till now.
I can safely conclude that at the basic level each one of us is focused on self. How can I do such a big assumption. Wait, I have an argument here.
If someone says, he is not self focused but wants to help others and is selfless, my question, where is this goal coming from. The goal is coming from the person himself, based on his thought that helping others will make them happy and improve things around and if things are better around he will be happy. See it again cam back to the person wanting to be happy. Only difference is that he derives his hapiness out of others happiness.
There are other people who have goals that are realted to them, their family etc. It is straight forward here and we can see directly that these people are sef-focused.
So whatever your goal in life is, you are self-focused as the goal itself is coming from within and it is yours. Even when someone is obeying orders given by someone he is obeying them beacuse he either fears a danger and wants to avoid it or he sees some reward (material or spiritual) which he believes will make him happy.
By accepting that all of us are focused on self we can deduce that our intentions always have something good for us. The problem comes only when our intentions clash with those of others. THough no one starts with an intention to hurt others, because of clash of interests goals of one person come in the way of others. Why do come in the way of others, because there are many things in nature and earth that are limited. Not only Earth and Nature but also other things like Time are scarce. That brings us to the theory of economics which says that we have all this trade, restrictions, taxes, competition, markets etc (picked randomly, no order). Another research says that human race survived and succeeded because there is trade, which means that scarcity is good. Otherwise we will never be able become better than what we are today.
While scarcity is good as it leads to competition and makes everyone involved stretch more than what they usually do, therby increasing the overall contribution - Total ontribution in a competitive scenario is much more than the sum of individual contributions in a non-competitive scenario, it also has flip side. After a certain point each party involved exhausts their positive ideas and that's when the negative starts luring us. Remember the basic intention is still the same - lead a happy and successful life. Despite reaching the maximum limit is someone wants increase his pie, only thing that he can do is grab the pie of another one and that's when the basic intentions start clashing and perceptions start playing in the minds.
Perceptions are not real. They are just impressions that each of us fomr in our mind based on our side of experiences. They can sometimes be totally missing the reality, sometimes get tuck in time (don't change with changing scenario), and even potentially harmful to others (extrapolating beyond the observed range - generalisation. Reactions are even dangerous. They are based on our perceptions about perceptions of others. Here we are fighting in air where our feet are not on the ground of reality. It reminds me of the Crouching Tiger and the Hidden Dragon. While it is possible in a movie to fight continuously in air in reality it is not the case. We can fight in air for a very minute period but immediately after that we hit ground reaity. If you fly too high reacting you may fall heavily and get hurt badly.
You can fly to certain extent without fogetting the reality and possibly you can be safe. But when you have the reality in mind it is better to allow the other party to fly high, aloow them to attack but just move away just in time. You have saved your effort and energy and may be you can help the other party to recover and thereby leading to a possible collaboration. I think it is time for me to stop and get back to my reading.
I can safely conclude that at the basic level each one of us is focused on self. How can I do such a big assumption. Wait, I have an argument here.
If someone says, he is not self focused but wants to help others and is selfless, my question, where is this goal coming from. The goal is coming from the person himself, based on his thought that helping others will make them happy and improve things around and if things are better around he will be happy. See it again cam back to the person wanting to be happy. Only difference is that he derives his hapiness out of others happiness.
There are other people who have goals that are realted to them, their family etc. It is straight forward here and we can see directly that these people are sef-focused.
So whatever your goal in life is, you are self-focused as the goal itself is coming from within and it is yours. Even when someone is obeying orders given by someone he is obeying them beacuse he either fears a danger and wants to avoid it or he sees some reward (material or spiritual) which he believes will make him happy.
By accepting that all of us are focused on self we can deduce that our intentions always have something good for us. The problem comes only when our intentions clash with those of others. THough no one starts with an intention to hurt others, because of clash of interests goals of one person come in the way of others. Why do come in the way of others, because there are many things in nature and earth that are limited. Not only Earth and Nature but also other things like Time are scarce. That brings us to the theory of economics which says that we have all this trade, restrictions, taxes, competition, markets etc (picked randomly, no order). Another research says that human race survived and succeeded because there is trade, which means that scarcity is good. Otherwise we will never be able become better than what we are today.
While scarcity is good as it leads to competition and makes everyone involved stretch more than what they usually do, therby increasing the overall contribution - Total ontribution in a competitive scenario is much more than the sum of individual contributions in a non-competitive scenario, it also has flip side. After a certain point each party involved exhausts their positive ideas and that's when the negative starts luring us. Remember the basic intention is still the same - lead a happy and successful life. Despite reaching the maximum limit is someone wants increase his pie, only thing that he can do is grab the pie of another one and that's when the basic intentions start clashing and perceptions start playing in the minds.
Perceptions are not real. They are just impressions that each of us fomr in our mind based on our side of experiences. They can sometimes be totally missing the reality, sometimes get tuck in time (don't change with changing scenario), and even potentially harmful to others (extrapolating beyond the observed range - generalisation. Reactions are even dangerous. They are based on our perceptions about perceptions of others. Here we are fighting in air where our feet are not on the ground of reality. It reminds me of the Crouching Tiger and the Hidden Dragon. While it is possible in a movie to fight continuously in air in reality it is not the case. We can fight in air for a very minute period but immediately after that we hit ground reaity. If you fly too high reacting you may fall heavily and get hurt badly.
You can fly to certain extent without fogetting the reality and possibly you can be safe. But when you have the reality in mind it is better to allow the other party to fly high, aloow them to attack but just move away just in time. You have saved your effort and energy and may be you can help the other party to recover and thereby leading to a possible collaboration. I think it is time for me to stop and get back to my reading.
Saturday, May 19, 2007
What's going wrong?
Yesterday there was a bomb blast at Mecca Masjid, old city, Hyderabad. After the blast agitators attacked police and police use their latis, water, plastic bullets and then real bullets. Some people died because of the balst and some as a result of the firing.
While watching the news, one thought stuck me. Why did the firing happen and how the terrorists achieved their objective of inflaming communal fire so easily.
Some points that came to me:
1. Most of the irrational and mob behavior is due to lack of education
2. Human race had been using the unique endowment of reason very well by learning, storing and passing knowledge and finally setting up institutions to pass on the wisdon to future generations.
Some of the channels for passing on knowledge and wisdom that I could list out are:
1. Formal Education system
2. Religious teachings
3. Political system
4. Public Administration
5. Family and peers as a channel
6. Economics and trade as a rationalizing agent
Apart from these we have so many open channels through which a person can aquire lot of knowledge and wisdom, such as, books, internet, movies and media.
But from what we has been yesterday, we have to question the effectiveness of these channels.
First , access to formal education is becoming restricted due to costs attached and certain part of the society is unable to access them easily. The economics part of the education is placing constraints on this channel
Second, religious channels are slowly loosing their basic principles and are becoming and more and more power centres rather than hep human race to live peacefully. All the religions agree on the basic principles of life and there is no conflict. But when it comes to the modalities there are lot of differences and peopl seem to be stuk to the modalities rather than focus on the principles. At the end of the day we are all living beings and we would like to live. When it comes to life and death there is no religion. Any religion that asks you to give life or take life is not a religion. As a living being the first goal should be to live. Second goal should be to let others live and third goal could be to defend yourself when your life is in danger, which again emanates from the first goal. Most of the religious institutions are in the mode of building their base rather than actually helping people to live and let live. Members from every other cult/sect or whatever division they have claim that they have best way to reach god and therefore they are superior than others. If you are uperior you don't need to proclaim, others will realize it soon and follow you automatically. If you have to tell people and use force to make them agree where is your greatness.
The political system that has been created by the society to support the society has forgotten the reason for its existence. It has become a self-serving system. A leader does something considering only whether people will vote him or not. If they have elected you once they believed in you once, do whatever you believe is correct for sometime, if you are going wrong, you will be told not just in one way. We hav media, we have courts, we have internet and blogs too. Politicians have stopped inspiring and leading people long long ago. Instead they are being led by their selfish motives.
Public administration that was supposed to inject intellectuality and rationality into the society stopped having any life and has become a mere machine. A rubber stamp in the hands of political system that will only create the necessary impression based on how forcefully you hit and where you hit it. A clear example has been the land grabbing for poor movement started by CPM in Andhra Pradesh. All the administrators had to say was that the government was thinking and they are waiting for them to come out with a decision. Isn't it your responsibility to push the government for a decision when you feel it is important. Can you just say that I gave my advise but I am not responsible for waht evetually happens? Administration has become a mechanism and nothing else.
Family and peers are becoming counter-productive these days. Parents are encouraging children to win at whatever cost. Every other person is born great and has to prove his/her supremacy in whatever forum possible. Peers add to that pressure. Slowly the family and peers are also giving away to societal pressures and are beoming less and less influential in driving the right kind of behavior.
Finally we come to economy. It has been claimed that the success of human race over other species can be owed to the trade and specialisation. I personally believe that economics is the only force that can bring in rationalization to human behavior and show them where they stand. But the issue with economics as a process is that it is very slow to bring in any change and a lot more time to reach equilibrium. It took almost 200-300 years for India to reach a reasonable state of equilibrium in terms of financial opportunities.
But it is going to take a lot more time to reach equilibrium in the knowledge part of the wealth accumulated by humans. I think we all can make it happen fast and I urge you to think in that direction.
While watching the news, one thought stuck me. Why did the firing happen and how the terrorists achieved their objective of inflaming communal fire so easily.
Some points that came to me:
1. Most of the irrational and mob behavior is due to lack of education
2. Human race had been using the unique endowment of reason very well by learning, storing and passing knowledge and finally setting up institutions to pass on the wisdon to future generations.
Some of the channels for passing on knowledge and wisdom that I could list out are:
1. Formal Education system
2. Religious teachings
3. Political system
4. Public Administration
5. Family and peers as a channel
6. Economics and trade as a rationalizing agent
Apart from these we have so many open channels through which a person can aquire lot of knowledge and wisdom, such as, books, internet, movies and media.
But from what we has been yesterday, we have to question the effectiveness of these channels.
First , access to formal education is becoming restricted due to costs attached and certain part of the society is unable to access them easily. The economics part of the education is placing constraints on this channel
Second, religious channels are slowly loosing their basic principles and are becoming and more and more power centres rather than hep human race to live peacefully. All the religions agree on the basic principles of life and there is no conflict. But when it comes to the modalities there are lot of differences and peopl seem to be stuk to the modalities rather than focus on the principles. At the end of the day we are all living beings and we would like to live. When it comes to life and death there is no religion. Any religion that asks you to give life or take life is not a religion. As a living being the first goal should be to live. Second goal should be to let others live and third goal could be to defend yourself when your life is in danger, which again emanates from the first goal. Most of the religious institutions are in the mode of building their base rather than actually helping people to live and let live. Members from every other cult/sect or whatever division they have claim that they have best way to reach god and therefore they are superior than others. If you are uperior you don't need to proclaim, others will realize it soon and follow you automatically. If you have to tell people and use force to make them agree where is your greatness.
The political system that has been created by the society to support the society has forgotten the reason for its existence. It has become a self-serving system. A leader does something considering only whether people will vote him or not. If they have elected you once they believed in you once, do whatever you believe is correct for sometime, if you are going wrong, you will be told not just in one way. We hav media, we have courts, we have internet and blogs too. Politicians have stopped inspiring and leading people long long ago. Instead they are being led by their selfish motives.
Public administration that was supposed to inject intellectuality and rationality into the society stopped having any life and has become a mere machine. A rubber stamp in the hands of political system that will only create the necessary impression based on how forcefully you hit and where you hit it. A clear example has been the land grabbing for poor movement started by CPM in Andhra Pradesh. All the administrators had to say was that the government was thinking and they are waiting for them to come out with a decision. Isn't it your responsibility to push the government for a decision when you feel it is important. Can you just say that I gave my advise but I am not responsible for waht evetually happens? Administration has become a mechanism and nothing else.
Family and peers are becoming counter-productive these days. Parents are encouraging children to win at whatever cost. Every other person is born great and has to prove his/her supremacy in whatever forum possible. Peers add to that pressure. Slowly the family and peers are also giving away to societal pressures and are beoming less and less influential in driving the right kind of behavior.
Finally we come to economy. It has been claimed that the success of human race over other species can be owed to the trade and specialisation. I personally believe that economics is the only force that can bring in rationalization to human behavior and show them where they stand. But the issue with economics as a process is that it is very slow to bring in any change and a lot more time to reach equilibrium. It took almost 200-300 years for India to reach a reasonable state of equilibrium in terms of financial opportunities.
But it is going to take a lot more time to reach equilibrium in the knowledge part of the wealth accumulated by humans. I think we all can make it happen fast and I urge you to think in that direction.
Friday, May 18, 2007
Facing the first hurdle - Best of Luck to everyone around
It has been almost 7 years I will be taking couple of tests today. The atmosphere here at ISB is war-like. Everyone is wishing each other good luck and all the spouses are praying to god and are ready to smear the Veera Tilakamu.
There is complete silence in the campus and I can see the student in everyone coming out completely for the first time. All the diversity is gone now and everyone is in the same mode.
From s learning perspective I find the exam concept very interesting and useful as long as the student is mature and balanced. It raises the stress levels and if you are able to control it from crossing the limits, the stress will make you put up extraordinary effort to fare well in the exam. Precisely that's what happened to a bunch of us. Because of the increased stress we have decided to get together and though there was no additional incentive, we shared what we know to each other and learned from each other. At the end we have much more clarity about the concepts. What happens in the exam is a different thing but this process has definitely increased the bonding between us.
One thing definitely separates a great place from a good place - The focus and committment of everyone to achieve the best in every circumstance and I can see that here in each student at ISB. It's like each one of us is on a mission and we are ready to support each other and I am confident to see great things happening at ISB once again.
I have volunteered to be a part of the Admissions Task Force and I am looking forward to that part of experience too.
Weather in Hyderabad is getting more and more hotter but this year I have already spent more than 3/4th of the summer without even realizing how hot it is. To be honest I am totally disconnected with the actual Hyderabad from last one month. The usual problems like water scarcity, traffic, power cuts are almost nonexistent. Thanks to ISB for building such a wonderful campus with excellent infrastructure.
Finally I urge you all the readers to Wish me and all my batchmates - Best of Luck for the exam
There is complete silence in the campus and I can see the student in everyone coming out completely for the first time. All the diversity is gone now and everyone is in the same mode.
From s learning perspective I find the exam concept very interesting and useful as long as the student is mature and balanced. It raises the stress levels and if you are able to control it from crossing the limits, the stress will make you put up extraordinary effort to fare well in the exam. Precisely that's what happened to a bunch of us. Because of the increased stress we have decided to get together and though there was no additional incentive, we shared what we know to each other and learned from each other. At the end we have much more clarity about the concepts. What happens in the exam is a different thing but this process has definitely increased the bonding between us.
One thing definitely separates a great place from a good place - The focus and committment of everyone to achieve the best in every circumstance and I can see that here in each student at ISB. It's like each one of us is on a mission and we are ready to support each other and I am confident to see great things happening at ISB once again.
I have volunteered to be a part of the Admissions Task Force and I am looking forward to that part of experience too.
Weather in Hyderabad is getting more and more hotter but this year I have already spent more than 3/4th of the summer without even realizing how hot it is. To be honest I am totally disconnected with the actual Hyderabad from last one month. The usual problems like water scarcity, traffic, power cuts are almost nonexistent. Thanks to ISB for building such a wonderful campus with excellent infrastructure.
Finally I urge you all the readers to Wish me and all my batchmates - Best of Luck for the exam
Tuesday, May 15, 2007
It's a cycle and it starts again
Last year around the same time, I started writing queries to the isb-pgp yahoo group to understand how am I places to get admission into ISB. As you all know it's that time of the year when people start getting geared up for their GMAT and then to the applications. Behind each aspirant you would find ambition, dreams, calculations and even frustrations before they decide to go to a B-school while having a successful career.
Life is all about learning, learning what has already been learnt by the human race, at temptingto use that learning to handle present situation and trying to see what is going to come and trying to see if we can add something to the comon body of knowledge.
The message from Prof. Stine reminded me again that the human race has been successful because it has been able to form societies and successfuly support the common objectives. It is important to keep in mind that whenever you succeed in soething, sharing the success and rewards with everyone is what keeps this human society going. It is important that we expand our circle from - me, my family, my extended family, my friends, my caste, my religion, my village, my town, my type to my society and then my co-inhabitants, my ecology ad then to my earth. As of now I can't think beyond my earth, though, may be there is something even beyond.
Another thing I was mulling over was, what's the difference between learning from an expert and an ordinary prof. At ISB we have the the profs who are experts in their field and this question came back to me. From what I have seen, it's the macro perspective that they can give, the clarity that they provide, the wide exposure they have and also the fact that they gave so much for the subject instead of just trying to earn a livelihood, matters a lot. I fell this is what is you miss in the corporate world. There are only very few who give their everything for the cause. May be the corporate cause is not that appealing or may be it is not clear to all those involved.
It is important for all of us to realize that we are living a life and that itself is something great and that whatever we do is not done in vaccuum and therefore affects everything as a whole.
At ISB, we have finished the first half of the first term. We are more or less in an isolation from Hyderabad and we are on a mission. Things are moving pretty fast and in the right direction too. I am getting a feeling that I'm getting into the groove and slowly started enjoying whatever is happening.
Life is all about learning, learning what has already been learnt by the human race, at temptingto use that learning to handle present situation and trying to see what is going to come and trying to see if we can add something to the comon body of knowledge.
The message from Prof. Stine reminded me again that the human race has been successful because it has been able to form societies and successfuly support the common objectives. It is important to keep in mind that whenever you succeed in soething, sharing the success and rewards with everyone is what keeps this human society going. It is important that we expand our circle from - me, my family, my extended family, my friends, my caste, my religion, my village, my town, my type to my society and then my co-inhabitants, my ecology ad then to my earth. As of now I can't think beyond my earth, though, may be there is something even beyond.
Another thing I was mulling over was, what's the difference between learning from an expert and an ordinary prof. At ISB we have the the profs who are experts in their field and this question came back to me. From what I have seen, it's the macro perspective that they can give, the clarity that they provide, the wide exposure they have and also the fact that they gave so much for the subject instead of just trying to earn a livelihood, matters a lot. I fell this is what is you miss in the corporate world. There are only very few who give their everything for the cause. May be the corporate cause is not that appealing or may be it is not clear to all those involved.
It is important for all of us to realize that we are living a life and that itself is something great and that whatever we do is not done in vaccuum and therefore affects everything as a whole.
At ISB, we have finished the first half of the first term. We are more or less in an isolation from Hyderabad and we are on a mission. Things are moving pretty fast and in the right direction too. I am getting a feeling that I'm getting into the groove and slowly started enjoying whatever is happening.
Monday, May 14, 2007
First monthly anniversary
We have been at ISB for exactly a month and most of us are already feeling that it has been much longer than a month, may be even a year. There has been a lot of reading that happened this weekend due to the upcoming midterm. Despite that some souls have found time to party, even we did but that was on Thursday, a weekday. All those who I know were absolutely busy reading all about regression, confidence intervals, control limits and so on.
Most of us would complain that we have very less time to do the reading, I would be one of them. But on a hindsight I would agree with the argument that whether you have one day or one week or one month, the average amount of work that each person would put in would be more or less same as the average of the batch, with 95% confidence. Now don't blame me, that's the effect of Bob. After listening to Bob for five sessions you would start thinking about everything in control limits, confidence intervals and p-values. He is a phenomenal prof that we have got.
But it is nice that we have got some fantastic professors in the Term 1 and the same prof was teaching all the six sections shows that ISB cares a lot and the professors are highly interested in teaching the complete class. I'm not sure about other sections, but our section definitely made the most out of the classes. There were some outliers, though.
To sum it up, last three days have been hectic but definitely worthwhile. I am able to overcome my fear about stats and developed a reasonable level of confidence.
Let me share some nice pics from the Thursday Party:
Distribution Strategy
Dance Partners
Beedi Jalayile
Jaane Kya hoga Ramaa Re
Working Hard on the assignment
Most of us would complain that we have very less time to do the reading, I would be one of them. But on a hindsight I would agree with the argument that whether you have one day or one week or one month, the average amount of work that each person would put in would be more or less same as the average of the batch, with 95% confidence. Now don't blame me, that's the effect of Bob. After listening to Bob for five sessions you would start thinking about everything in control limits, confidence intervals and p-values. He is a phenomenal prof that we have got.
But it is nice that we have got some fantastic professors in the Term 1 and the same prof was teaching all the six sections shows that ISB cares a lot and the professors are highly interested in teaching the complete class. I'm not sure about other sections, but our section definitely made the most out of the classes. There were some outliers, though.
To sum it up, last three days have been hectic but definitely worthwhile. I am able to overcome my fear about stats and developed a reasonable level of confidence.
Let me share some nice pics from the Thursday Party:
Distribution Strategy
Dance Partners
Beedi Jalayile
Jaane Kya hoga Ramaa Re
Working Hard on the assignment
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