Life is About Correcting Mistakes!  

Posted by NoeL in , , ,

I found this very interesting and touching!! Planning to do something like this when i get married!! :). Happy reading!!

Priya married Hitesh this day. At the end of the wedding party,

Priya's mother gave her a newly opened bank saving passbook.

With Rs.1000 deposit amount.

Mother: 'Priya, take this passbook. Keep it as a record of your marriage life. When there's something happy and memorable happened in your new life, put some money in. Write down what it's about next to the line. The more memorable the event is, the more money you can put in. I've done the first one for you today. Do the others with Hitesh. When you look back after years, you can know how much happiness you've had.'

Priya shared this with Hitesh when getting home.  They both thought it was a great idea and were anxious to know when the second deposit can be made.

This was what they did after certain time:

  • 7 Feb: Rs.100, first birthday celebration for Hitesh after marriage
  • 1 Mar: Rs.300, salary raise for Priya
  • 20 Mar: Rs.200, vacation trip to Bali
  • 15 Apr: Rs.2000, Priya got pregnant
  • 1 Jun: Rs.1000, Hitesh got promoted ..... and so on...

However, after years, they started fighting and arguing for trivial things. They didn't talk much. They regretted that they had married the most nasty people in the world.... no more love...Kind of typical nowadays, huh?

One day Priya talked to her Mother:

'Mom, we can't stand it anymore. We agree to divorce. I can't imagine how I decided to marry this guy!!!'

Mother: 'Sure, girl, that's no big deal. Just do whatever you want if you really can't stand it. But before that, do one thing first. Remember the saving passbook I gave you on your wedding day? Take out all money and spend it first. You shouldn't keep any record of such a poor marriage.'

Priya thought it was true. So she went to the bank, waiting at the queue and planning to cancel the account.

While she was waiting, she took a look at the passbook record. She looked, and looked, and looked. Then the memory of all the previous joy and happiness just came up her mind. Her eyes were then filled with tears. She left and went home.

When she was home, she handed the passbook to Hitesh, asked him to spend the money before getting divorce.

The next day, Hitesh gave the passbook back to Priya. She found a new deposit of Rs.5000. And a line next to the record: 'This is the day I notice how much I've loved you thru out all these years. How much happiness you've brought me.'

They hugged and cried, putting the passbook back to the safe.

Do you know how much money they had saved when they retired? I did not ask.  I believe the money did not matter any more after they had gone thru all the good years in their life.

"When you fall, in any way, Don't see the place where you fell, Instead see the place from where you slipped."

Life is about correcting mistakes!

The Economic Cycle  

Posted by NoeL in , , , , ,


 Seems like the good old days are gonna be back soon!! So hang on guys!! :)

Cheers
NoeL

I have added Sudoku application to my Blogs. (Wandering Thoughts from My Life! & Dream MBA). Scroll down for the same...!! Happy Solving!!

BusinessWeek 2008 Rankings Are Out!  

Posted by NoeL in , , , , , ,

BusinessWeek released its much awaited biannual, full-time MBA rankings. The rankings showed slight movement: Columbia went from #10 in 06 to #7 in 08. Wharton went from #2 to #4. Kelley climbed from #18 to #15.
Frankly, don't pay too much attention to the absolute ranking or even slight movement. Take advantage of BW's rich, informative database and fantastic resources for applicants. Then choose what's important to you and do your own ranking.
Top 30 U.S. Programs
  1. University of Chicago
  2. Harvard University
  3. Northwestern University (Kellogg)
  4. University of Pennsylvania (Wharton)
  5. University of Michigan (Ross)
  6. Stanford University
  7. Columbia University
  8. Duke University (Fuqua)
  9. MIT (Sloan)
  10. UC Berkeley (Haas)
  11. Cornell University (Johnson)
  12. Dartmouth (Tuck)
  13. NYU (Stern)
  14. UCLA (Anderson)
  15. Indiana University (Kelley)
  16. University of Virginia (Darden)
  17. UNC - Chapel Hill (Kenan-Flagler)
  18. Southern Methodist (Cox)
  19. Carnegie Mellon (Tepper)
  20. University of Notre Dame (Mendoza)
  21. Texas - Austin
  22. Brigham Young (Marriott)
  23. Emory University (Goizueta)
  24. Yale University
  25. University of Southern California (Marshall)
  26. University of Maryland (Smith)
  27. University of Washington (Foster)
  28. Washington University (Olin)
  29. Georgia Tech
  30. Vanderbilt University (Owen)
Top 10 Non-U.S. MBA Programs 
  1. Queens University
  2. IE Business School
  3. INSEAD
  4. Western Ontario (Ivey)
  5. London Business School
  6. ESADE
  7. IMD
  8. Toronto (Rotman)
  9. IESE
  10. Oxford (Saîd)
BW bases its rankings on employer and student surveys as well as school research output or "intellectual captial." This year for the first time, in a nod to the economic crisis, it is also including a ranking based on ROI  and years to recoup the MBA investment. Not surprisingly, European schools, which tend to be one-year programs, are at the top of the chart. More surprising: HBS ranks 50 out of 50 in this chart. I guess assumptions matter.
Cheers
NoeL

BusinessWeek 2008 Rankings Are Out!  

Posted by NoeL in , , , , , , , , ,

BusinessWeek released its much awaited biannual, full-time MBA rankings. The rankings showed slight movement: Columbia went from #10 in 06 to #7 in 08. Wharton went from #2 to #4. Kelley climbed from #18 to #15.
Frankly, don't pay too much attention to the absolute ranking or even slight movement. Take advantage of BW's rich, informative database and fantastic resources for applicants. Then choose what's important to you and do your own ranking.

Top 30 U.S. Programs
  1. University of Chicago
  2. Harvard University
  3. Northwestern University (Kellogg)
  4. University of Pennsylvania (Wharton)
  5. University of Michigan (Ross)
  6. Stanford University
  7. Columbia University
  8. Duke University (Fuqua)
  9. MIT (Sloan)
  10. UC Berkeley (Haas)
  11. Cornell University (Johnson)
  12. Dartmouth (Tuck)
  13. NYU (Stern)
  14. UCLA (Anderson)
  15. Indiana University (Kelley)
  16. University of Virginia (Darden)
  17. UNC - Chapel Hill (Kenan-Flagler)
  18. Southern Methodist (Cox)
  19. Carnegie Mellon (Tepper)
  20. University of Notre Dame (Mendoza)
  21. Texas - Austin
  22. Brigham Young (Marriott)
  23. Emory University (Goizueta)
  24. Yale University
  25. University of Southern California (Marshall)
  26. University of Maryland (Smith)
  27. University of Washington (Foster)
  28. Washington University (Olin)
  29. Georgia Tech
  30. Vanderbilt University (Owen)
Top 10 Non-U.S. MBA Programs 
  1. Queens University
  2. IE Business School
  3. INSEAD
  4. Western Ontario (Ivey)
  5. London Business School
  6. ESADE
  7. IMD
  8. Toronto (Rotman)
  9. IESE
  10. Oxford (Saîd)
BW bases its rankings on employer and student surveys as well as school research output or "intellectual captial." This year for the first time, in a nod to the economic crisis, it is also including a ranking based on ROI and years to recoup the MBA investment. Not surprisingly, European schools, which tend to be one-year programs, are at the top of the chart. More surprising: HBS ranks 50 out of 50 in this chart. I guess assumptions matter.

Cheers
NoeL

ISB: Practising what it preaches  

Posted by NoeL in , , ,

The pitch is unique. “we have scripted our version of a T20 victory,” is how Ajit Rangnekar, Deputy Dean, Indian School of Business (ISB), broke to students the news of the young B-School making it to the Financial Times list of Top 20 B-Schools in the world late in January this year. Later, reflecting on the impact of the ranking on the school, Dean M. Rammohan Rao told Business Today: “The FT ranking has led to a lot of interest in the school.” Such publicity is particularly welcome as ISB seeks to attract more international students (it is targeting 8 per cent in its next batch, compared to 4-5 per cent at present) and more resident faculty (31 now)... 

“The challenge has been to market the school globally,” says V.K. Menon, Senior Director, Admissions, Financial Aid & Career Advancement Services, at ISB. And by the looks of it, it is already getting there. “Last year, our students were placed in 23 countries around the world,” says Menon...

To read more:- Business Today - Indian school of business: Practising what it preaches

Cheers
NoeL

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I study at European Business School, Oestrich-Winkel. The opinions expressed here are my own, and neither European Business School, Oestrich-Winkel nor any other party necessarily agrees with them.