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Managerial Accounting - Sessions 2 and 3

  • May. 26th, 2008 at 7:52 AM
Nigam
Prof. Kakani has an uncanny sense of humor - the subject being taught was Balance Sheet  and he asked one of the students to list his assets and liabilities. The student promptly started listing his assets (car, house etc) and his liabilities (house loan, insurance).

Immediately, Prof. Kakani says "Mere Pass Maa hai" - a classic 'Deewar' dialogue between AB and Shashi Kapoor. It had the class in splits (or atleast I would imagine as the classroom is virtual !).

Another incident that occurred during the first session was hilarious - Prof. Kakani had randomly asked a student to respond to one of his Q to which the student asked what the Q was (probably he couldn't hear the Q because of network or audio problems). So the Prof moved on and selected another student who also queried the Q.

Exasperated, the prof threw up his hands and said  ' This is not done yaar. You are ragging me now.' His favorite phrase appears to be 'this is how we play the game'.

To be serious, he handled the balance sheet lecture very well starting with the basics and then delving into balance sheets of companies like Infy, Bank of Baroda and Crompton Greaves. He has assigned 10 points for classroom interaction in the course and allots negative marks to students who are unable to respond or run into network problem issues. I think it is unfair to grade us negative because of audio/video infrastructure issues as they are beyond our control. Truth be told, we should not really stress on the grades but on the learning aspect of the sessions.

Well well well, we received our marketing textbook yesterday - "Marketing Management : A South Asian perspective" with Kotler being one of the co-authors.

Read through a PGCBM14 blog by Shyam and it covers the sessions in elaborate and immaculate detail. As I read through the posts, I could vividly remember the concepts taught by the Prof - great work and highly recommended to read !

Another blog I linked (in my links section) is based on the IIMK eMEP program experiences - some of the posts (like choosing a distance learning program and  how to handle group assignments) are relevant and informative.

Time to study the first two chapters of MANAC thoroughly. The Prof had assigned us case 5 of the textbook to crack and asked us to use our last three digits of SMS ID as Roll number. This puzzled me whether this was an assignment that had to be submitted. But going over the case, the roll number is being used in the transactions and the solution will differ from one student to the other. Ingenious ! I think he is going to ask one of the students to present the case in the next session.

Comments

(Anonymous) wrote:
May. 29th, 2008 03:45 am (UTC)
Thanks
Nigam

Thanks for your words of encouragement on your blog. Hope to continue and colloborate our way through this journey.

Shyam
[info]nigamanth wrote:
May. 30th, 2008 04:58 am (UTC)
Re: Thanks
Thank you and best wishes !
(Anonymous) wrote:
Jun. 9th, 2008 04:55 am (UTC)
Assignment 3 MANAC
Kindly share some examples to proceed with assignment 3 which we have to submit through Hardcopy