'Gurukula' - Academic block in simple terms means 'Where lectures are held'
March 31, 2006
'Gurukula' - Academic block in simple terms means 'Where lectures are held'
Sharmaji - And his archaic menu
First of which is that there have been many clothes that I have not used at all during my stay here. Next, I make a lot of notes. I seem to have a lot of spare sheets with arbit scribblings all over the damn place. I have hardly read the newspapers that I have subscribed too in the last 8 months.
And finally as economics would have it, we have spawned an industry. The packing and logistics industry has got a fillip from the sudents leaving MDI. Such has been the exodus rate that the front of Change Masters looks like a railway station. Apart from that the massive packing has lead the raddi wala outside campus to be the most sought after man. Over the past two days had you been trading in cardboard cartons, you would have made an 200% gain on your investments. So much for the value addition at BSchool and the thrill of 30% annual gains by the Sensex!
All said and done I am far away from completing my packing. The room almost looks empty. The college sounds have died down. The last of those left here are brooding on not being able to go home. The rest are partying knowing that once the summers start there wont be time left to scratch their butts. Me ... I thought of taking a few pictures around campus. Will upload them asap.
March 29, 2006
So what will I be doing for the summers in Bombay? For starters I'll be interning with the Aditya Birla Group at their Management Centre in the Corporate Strategy and Business Development Cell. The very name sounds exciting and I'm looking forward to doing some really good work there. Hopefully get a Pre-Placement Offer (PPO). ABG has been growing agressively for the past few years as they try to 'Take India to the World'. KMB has infused a lot of young blood into the group. And as they plan to become a $15bn organisation there will be a lot of challenging opportunities.
Enuf of the gyaan. Bottom line is Im going home. Im gonna have fun.
March 24, 2006
- BSchool average salaries that have been posted in the media are only a ploy to attract the best students. Rather in Bschool speak, its for grabbing the marketshare of the students.
- Sometimes only 5% of the batch gets the average salary that is quoted. And these guys get it because they have international placements and the exchange rate is the prime culprit. At Purchasing power parity (another post for this!) they will be again below the average salary
- Most of the batch (50% plus) at any Indian BSchool, even the IIMs will give an arm and a leg for a post tax cash in hand figure of 30k p.m. And before you gasp lemme tell you that Rs.30,000 p.m. in hand post tax is a lot of money for people with even 2 years of work experience. I dont know whether you expect to be worth your weight in gold after 2 years of acads but then dont have great expectations from an MBA.
- The cash component, and then non cash perks, and some more factor of safety by the institute plus deferred bonuses and a whole lot of stuff is added up to give you those near million rupee salaries that have been doing the rounds in the media. The biggest culprit here is the joining bonus which is usually recovered if you leave the firm within 3 years. So this figure hikes up the CTC by upto Rs.70,000.
- Even for those $150,000+ figures quoted by the IIMs, the in-hand component would be in the region of $60,000-$80,000. So chill, its just the exchange rate stupid.
- Yes there are a few Indian corporates that truly give you huge salaries. The post tax from these guys works out to Rs.45,000-Rs.50,000. But then there are only 3-5 such companies. And their total intake is just 2-3 people per company.
March 16, 2006
And of course 'Holi' here is never complete without 'Bhaang'. Most of us being first timers and having had a rather crappy experience the last time Bhaang was served during 'Lohri', consumed the drink in copious amounts. Little that we knew that this time around the Bhaang was unadulterted and pure.
March 14, 2006
The origins of Max probably go back to the day I was christened. Other than my family and a few close friends no one knows that my full name is 'Gordon Maxmillan DSouza' which was some years later distorted by the Maharashtra Govt., Dept of Education to include Dad's name as is the practice in India, where the fathers name is appended to wards name. And so was entered in the school records 'D'Souza Gordon Gerald'. (Surname First, Name and then Father's Name said the clerk sitting at the admin office! in that order) The name has stuck. Coz when I was apping to engineering college and then after that to MDI, I had to keep it the same as the name that appeared on my school records.
Maxmillan Kolbe was a Polish priest who chose to be killed in the place of a fellow Pole during the holocaust years in the World War II at one of the many concentration camps. Ultimately many years later on the 10th of October 1982, Fr. Maxmillan Kolbe was canonized by Pope John Paul II. And on that same day, same year I was born. So my parents thought it fit to name me after the great man.
Maxmillan has never seen any official records thanks to the Indian Govt. and most probably I'll leave it at that. I have always preferred to just enter all offical records with just Gordon DSouza. But I like Max. Feels like a part of me is pure and unaduleterated.
March 9, 2006
Panditji started off by playing the afternoon ragas. He said that he rarely gets to play the afty ragas at SPIC MACAY events. He then went on play a few Holi tunes. Well I don't remember the technical names of the pieces because I'm zero at Classical Indian Music. But whatever it was it, I had a great time especially during the jugalbandi with Pandit Vijay Ghate.
Later we all volunteers got an opportunity to be photographed with Panditji. Must say that he is a very sweet chap, very witty and a jovial gent. Much unlike previous artistes who came last time
March 7, 2006
It was an insightful peek into what happens at arguably one of the top B-Schools in the world. The discussion was well structured by the legend. He explored the locational strategies, the global network, the comparision between Europe and US, the reasons for entering the US, etc. At the end the discussion did produce some quality inputs. But almost all inputs were almost prompted by Porter and a few others were from some really experienced people in the class.
More than a video on a case analysis the clip proved to be a big confidence booster for me. Today I broke the myth of excellence that surrounds prestigious B-Schools outside India. (I already busted my belief on the IIMs much earlier :) ) The image that an average person has on B-Schools like Harvard and the likes is that the people who make it to these institutions are undoubtedly the best in terms of business acumen, insights, and opinions that any student body can offer. However, after listening to some of the views, it became apparent that we here at MDI (maybe I could add top Indian B-Schools) have much better class dicussions, talk more sense and less jargon, and also come to the point faster with less prodding or prompting from faculty.
Well to put some thing in their favour, they listened, and were disciplined in their approach; as in, no one cross talks when another makes a point. (Probably because they were being taped! or because 50% of the grade is towards quality class participation. And we were told that there is an aide who takes notes on the class contributions). I agree that here the major grouse is that students sleep in front of the instructor, don't prepare well, etc. But apart for a strong alumni network I can't see reason for Harvard to be better than any top Indian BSchool. I know that this statement may look blasphemous to many but I have my reasons.
Getting into a top BSchool is more difficult than HBS.
These institutions get the top 2% of India's brightest minds (thats 2,500-3,000 from the top 10 BSchools)
Most of them possess extremely strong analytical skills since they have good engineering backgrounds.
More than 50% of students have previous work experience.
And now this video proves that these guys in HBS are no great shakes.
All said and done, I am really proud of being in MDI and proud to be Indian. It's no wonder that people around the world consider us a smart and intelligent people. Sounds extremely jingoistic, but I don't care!