Why I went to my bank twice today ?

Financial crisis psyches people out. Before when somebody said a big company has gone bankrupt you would rather question their credibility than believing the news. But these days, bankruptcy is like the “in- thing” among companies . So you better believe it. This is what happened when last month when my roomie woke me up during a nap and said “merrill lynch got sold and lehman brothers went bankrupt”. I woke up still sleepy and said “get lost, no way and this is why you woke me up for?” and went back to sleep(i used the F-word twice in the real conversation but this is more of an MBA blog now and some decency is expected :))) ). So after that I don’t even doubt any news about bankruptcy and that is why I ran to my bank twice. There was a news that the bank(Bank of Philippine Islands ) where I have deposited my precious dollars here has gone bankrupt. All my money was in the account and I would be broke in a week. By the time I heard the news some have already withdrawn all the money and emptied their accounts. A search on the net didn’t give me anything and that is when I started to believe it may be a rumour. Anyways I went to the bank as I had to withdraw for my expenses and expectedly some students were already there. I came back after hearing from them that it was a rumour and also realizing I didn’t take my id which was required if I have to withdraw dollars.
I read some economics after that (not for saving the world from the financial crisis but for the exams next week) and went back after an hour to withdraw some money and also hear from the bank itself what was going on. They were expectedly surprised as to why many AIM students were withdrawing all the money and realized what was happening only after I told them. They said they were stable as of now and wanted to know the source of the rumour. “I wish I knew that” was all I replied back.
No company gives a clue saying they are going bankrupt, it is let out only after it happens. Till then they keep saying ”they are stable”. So….

What else do i say, I am just pathetic

Shame on me, I couldn’t find time in a whole month to write a post. Yeah..yeah it is the initial months of a rigorous MBA but for one month (i.e) thirty days(or thirty one…whatever) I couldn’t manage like 20mins. How bad can I be at managing time? Simply Pathetic. And I haven’t done many other things either like…hmm….reading newspaper. I know the US presidential race is heating up, someone of Indian origin has won the booker prize and there is a big financial crisis….what was that big company that went bankrupt? I don’t remember……I am just kidding…..I am not that bad :))), I do know whats going around me but not enough.
I think it was the fourth week when we got our schedules and found out that we had an accounting test, QA exam and a WAC along with the most number of cases we have done till now for a week. We had to rethink our learning team(LT) discussions. When seniors told us in the first week that all the excitement will die down we didn’t believe that. We said “definitely not” when they laughed at us saying “don’t bother discussing all case, you wont even read some after some weeks”. Some were like “no way, we are not going to the class without discussing any case in the LT ”. Looking back we realize some practical thinking would have helped. Seniors definitely know something we don’t, otherwise they wouldn’t make that face everytime they see us :).
So then it was quizzes galore with one accounting quiz every Monday, plant visits, operations management games and never ending cases. Accounting(let me be specific, Financial Accounting) is finally over and though frankly I feel happy that it is over, I am not ecstatic like many here. Yes, it was hardwork but the learnings were many. I have a feeling accounting is and will be the most important course in my MBA. Let’s see whether my view changes in the future and more often that not, it does(you see, I am human :))) ).
I am not getting better at time management either. I still cannot figure out whether it is willingness or necessity but I spend most of my time studying like everyone else. But every MBA student around the world is doing that. No good MBA program is easy. Yet they find time and many student blogs I read are updated once in two days . Though they post that they don’t find time, they actually do , otherwise they wont be posting but the one reading(that’s me) doesn’t find time. Hope I don’t wait until the next term break to make the next post (oh…did I mention that I am in my term break and that’s how I found time to post). And I wear a t-shirt that says “ We blog, Therefore we are”. Shameless me!!


P.S : Last Friday, it was Diwali night and I enjoyed it. But dint really know why they had a gangster fashion show for Diwali :)))) . I cheered for my friend though.