Sunday, February 28, 2016

The "First" Assignment

Like I mentioned in my previous blog post, we had lectures on Fridays.
There were 4 lectures each day, starting from 8 am to 1.30 pm.
After lunch, some students would go to their office for work, some would go home to work, some would use the campus WIFI for working (I was one of them) and a few did not work at all (on that day, they would work next day).

Anyways, we had our lectures on OS&D (organization structures and design). The prof explains things pretty good, but you need to read the books to understand more.

Also, we completed with our Financial Accounting lectures and we were given a group assignment(which would be evaluated). The assignment was:-
1. Prof would assign an industry to each group of ~10 students
2. The group needs to pick up a company from the industry and download its Annual Reports for last 3-4 years.
3. The group has to prepare a Balance sheet and P/L (Profit and Loss) statement for the 4 years merged into one.
4. Then based on what was taught, ratios had to be found out.
5. An analysis was needed to be done based on the ratios. For example, is debt increasing or average payable period decreasing etc.
6. A presentation would need to be prepared to give some idea about the industry, company. its balance sheets, P/L statements, ratios calculated and analysis/summary/recommendations.
7. This ppt would be presented in front of the class, and the prof (of course).
8. Questions may be asked at the end of the presentation.

Grading:-
1. The prof would grade each group.
2. Plus each group would grade other groups.
The average grade of (1 and 2) would be assigned to the group.

This was a nice learning experience to understand each and every industry. As well as, try out some presentation skills.

But "abhi to baas shuruvat hai" (it's just the beginning). 
Lots of more assignments and learning to come.



IIMB also organizes nice seminars by inviting distinguished personalities. I had a chance to attend a few of such seminars as well.