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Blogumulus by Roy Tanck and Amanda Fazani

Saturday, January 23, 2010

Quarter 3 - Week 6

Annnnd we're back. Time really doesnt stop for anyone. Weekends pass by really quickly, especially if you enjoy lolling around.

This week everyone looked sufficiently sprightly after last week's break. Classes were a little more interactive, and groans were extra groany, whines extra whiney, whenever we were prodded into action by the teachers. Yes, it's fun to be a student.

Law - Surprise Surprise! We now have two classes a week in Law. Since classes of QuantMeth2 get over this week, we're going to have two classes each of Law, Marketing and ManAcc. This week in Law, we studied the fundas of Contracts and what could happen if you breach one. Sometimes, if you have an agreement between two people that violates a party's Fundamental Rights, or if one of the parties does not in any way benefit from the agreement, apparently the contract is not really a valid one.... very interesting if you ask me. A lot of fine possibilities emerge, if one would want to take the risk!

Marketing - We studied a little more about Brands and how you could make the place of a Brand in one's mind, thereby creating that unique identity of one in many products within that category. We also studied what constitutes good service, and how you should look to provide the end user with an experience which makes him bond with you.... till you do something stupid. Sometimes I think that marketing is essentially about using common sense, but isnt that what business is all about in the first place?

QuantMeth2 - The last two classes happened this week. Our prof comfortably finished all the portions in session 1. Session 2 was only meant for clearing doubts, along with a small couple of points remaining from session 1 on Goal Programming. As he said, he wanted to make the fundas clear to us... let's hope we recognize these concepts when they come back to haunt us in the not-so-distant future! At the end of the last class, as is the way students acknowledge someone who impart a part of them to us, the prof quietly accepted our applause. There's always respect and gratitude in the minds of people, when they recognize someone's effort to help them, and make a difference. Hopefully, that's atleast one way our profs realize that we appreciate what they do for us... irrespective of how rambunctious we may be. Even if we are closer to 40 than we are to 5.

ManAcc - Our prof spoke to us more about costing and went about the funda explanation by way of problem solving. Taking one example after another, she pointed out to us what we need to do to determine costs and benefits. We then received ample warning to prepare for the coming exam next week. Covering all that we've done till now in Managerial Accounting.

Well, hol's over. Time to hit the books again!




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