Friday, September 3, 2010

Prof. Singhal ko Gussa kyun Aaata hai….

Some of you might have found the classes of our OB Prof. Manish Singhal a bit baffling. He comes across as an angry young man but then there is no doubt that he is absolutely passionate about his subject and teaching. I guess it has more to do with his stint with the Sanyasis. They are known to have little tolerance for lethargy and indiscipline. It would be interesting when we meet him face to face. He made all of us read the book which without his strong-arm tactics i'm not quite sure we would have done. I just wish he had downplayed the assessment a little bit and given more time to the lecture because whenever he paused to gather himself and start a lecture it did have the impact. Pity that we lost knowledge opportunity because of evaluation.
He termed marriage as the ultimate spiritual experience because you have to sacrifice your ego, interesting observation, but i wonder whether it’s (egolessness) something voluntary or just a no-choice situation especially in the context of our society. Great character and i’m looking forward to meet him.

Corporate Finance

The first few classes were just over the top, but as we reached the 6th session, topics from the 1st session were becoming comprehensible. I think quite a few of us who come from non-financial/mathematical background are facing problems. My suggestion is that give maximum time to the chapter “Time value of Money” as the other chapters are based on the basic concepts covered here. Prof. Ray looks like a jolly good fellow and we should all appreciate his gesture of removing negative marking since most of us are in troubled waters. At least some (Ray) of hope.
In bond and security valuation the key thing is to understand that we are taking into account the expected rate of return for calculation.