My Understanding of Management Education

Accounting is the language of business. It took me some time to absorb this line. Lets just say that accounting is the official language of conveying the nut bolts of business transactions. Its therefore also the process of understanding, measuring and finally communicating any financial information. Why do we need such a language. Well, we shall know in some time. But my limited view says that we cant keep writing transactions in its micro way - took 1500 rs, gave 1000 rs, so saved 500 rs. Therefore earned 500 rs. You see somebody decided to put a structure to all this (Business guys love structure to everything) and put a top down kind of structure to it. Its easier to follow a top down structure. But what does somebody do with this information.Obviously they take certain informed calls about any business basis these transactions and form an understanding that can be taken places and conveyed in a structure. Long story short - you cant convey the financial results of business if...

In a few days, I will be embarking on a new journey of learning. A one year management education program. In this 1 year, I am sure there will be many points that will be crossing my mind. The aim of this blog is to write down everything, oh well, as much as possible everything that I go through either in my lectures or on my own. I shall try to write in as much clarity as possible and with as much discipline whatever I go through. Since there is some time before the class begins, I thought to at least start writing, whatever little I am studying on my own. The aim of this blog is to give the reader a reasonable view of what people go through, what do they learn and absorb and finally how does it, i at all, transforms them. I am very sure that I shall be becoming lazy or occupied with other priorities in some days. I will still try to write. Hope I learn something while writing and the reader gets a view as well.