It all comes together at ISB

When I had a look at some of the subjects in the first term, I was amazed and a bit confused as to why we have to learn half of this.

But the way things are taught and the way the curriculum is planned it all comes together at the end.

The Statistical concepts of Std Error, Confidence Intervals, Simple and Multiple Regressions have been useful

• in Marketing assignments to understand the market responses
• in Accounting in understanding forecasting to an extent
• in Economics to understand the way Game theory works

The Economics concepts of Demand, Supply, Perfect competition, Monopoly, Oligopoly, Pricing in different Market Structures, Marginal Analysis have been useful

• in Marketing to understand Branding, Positioning, Pricing, segmentation etc
• in Accounting to understand how financial statements are read

The Marketing concepts of Branding, Pricing, Market Segments, Positioning have been useful

• in Economics to understand Bundling, Pricing and Game Theory
• in Accounting to understand the concept of amortization

The Accounting concepts have been helpful to understand the overall financial implications of all of the above.

When these professors are for example talking about Bundling (in Eco, Stats and Marketing) it feels like they had a chat the evening before and decided to ride on each others concepts. Sometimes the jokes also feel as if they are related.

So it all comes together in the end and I think the key over here is to step back and realize the beauty of all this, rather than keep running to stay ahead in the race (read grades). Grades must follow (easier said than done)

If we have come here to learn the nuances of business, the idea is that we should be able to relate whatever we were doing in those terms. I have promised myself that I will relate everything that I have learnt or experienced in the corporate world to the concepts that I am learning here. Hopefully that will be a post someday.