Term 2 begins...

Term-2 begins… lots of changes for people like me. The schedules are so planned that we do not get used to a particular timing of classes, thus while we had a morning schedule in term 1, this time its afternoon and we shall be back to a morning schedule next term. At first glance the courses for the term look pretty quant heavy, the general perception is that IIT guys would find it pretty easy while the rest would have to work a bit harder.

The seating arrangement also changed, I was in the last row earlier (well there are just four rows in the class, but still last is last J) this term I am in the second row, in close vicinity of the prof. which means I cannot sleep during the lactures …

I mentioned earlier about the accounting research projects for CAs , although less then half the CAs in our batch opted for it , still it was a fabulous learning experience for all of us. There were in all six groups and presentations ranged from corporate governance to carbon trading, HR accounting et all… My group studied the accounting issues around Intangible Assets with special reference to the pharma industry. We studied major research oriented companies around the world and also developed a case study around an Indian Biotech startup. The professors appeared pretty pleased with the effort of all the groups. The module was a resounding success for all of us and I would strongly recommend it to the CAs in the coming batches since being in the regular course can be a safe strategy but it comes with a heavy cost of no incremental learning.

Most of Term-1 was spent getting used to the new surroundings, new schedules and trying to stay awake for the full length of the classes… The accounting project actually took more time then the regular course would have, in all this my personal reading took a backseat . Utilized the term break to catch up on this front, have just finished reading “One Up on wall Street” by Peter Lynch, a nice book on applying common sense to investing. Peter Lynch has summerises his experiences, successes and failures beautifully to evolve lessons on investing for the uninitiated.

Just picked up “Who says elephants cant dance?” By Louis Garstner, this book is around the turnaround of IBM just over ten years back. From the little that I have read so far the book is captivating to say the least… expect more on this soon.

Our section celebrated the first day of the new term as the RED & BLUE Day … a photograph taken that day …..