Week-3 Case Study

During the first week, the treasure hunt and the Bind Unwind programs took the wind out of our lungs, the moisture out of our tongues. We lost a few pounds and felt a lot younger. During the second week, we lined up to the Rec center to try out hand at figuring out the kinetics and dynamics of various predominantly spherical objects. Long walks, hot showers, cold beer... the list goes on and on. Life was so good that even Goel food tasted heavenly.

As announcement after annoucement started dropping on the blackboard, the tone of the whole campus changed. People started walking across campus with a sense of determination. Everybody looked like they have been on the dreaded spiral staircase atleast once in the past 24 hours. The professional clubs were a phenomenon, and there's a lot written about it already.

I never realized it was Monday until my alarm went on a frenzy at 7 in the morning. The tension was so high in the air that even the bunch of chinese students visiting ISB that day could smell it in the air.

The pre-terms really endowed me with some key skills that proved very helpful in classes. Here are some... mind you... these skills are hard to come by.

1. Yawning without opening my mouth
2. Sleeping with my eyes open (source: Vignesh aka Jignes)
3. Sitting in a chair continuously for two hours
4. Not uttering my favourite explitive when something doesn't make sense\
5. Understanding the irony of life when an old 5 rupee coin means the whole world to me
6. Holding a pen between my fingers without consciously thinking about it
7. Appreciating the inner bliss when I stand in queues

There are skills that the pre-terms didn't teach us, but we managed to acquire - Smack D hinted at some of them in his post.

1. Losing nametags, sunglasses, underwear etc.
2. Writing extremely long emails (because I can type)
3. Using Outlook rules and the oh-so-sweet sweet delete button (See 2 above)
4. Drinking coffee at 3 in the morning and then chanting 'MR = MC' about 108 times
5. Declaring that the buffet at Goel is heavy and expensive and substituting it with 3 plates of Chole Bature at the Cafe, 3 almond frappes at CCD, 3 triple sundaes at Baskin Robbins and 3 chilled beers with 3 packets of chips.
6. Setting an entry fee for our own party (Practical applications to price elasticity of demand)
7. Waiting for 20 minutes with our hand raised for a 20-second chance to speak
8. Understanding that obesity is caused by a 'paradigm shift'

Here's the summarized accounting for the 3 weeks (We regret the bad formatting - I'm learning HTML to make it look neater - WIP)

Week-1
Particulars Debit Credit
----------------------------- ---------- --------------
Goel Account Rs. 1700
Cash Account Rs. 1700
Hot sun 22 Liter
Body water 22 Liter

Week-2

Goel Account Rs.1700
Cash Account Rs.1700
Work-out account 3 kg
Body weight Account 3 kg
Pre-term account Rs.15000
Cash Account Rs.15000

Week 3

Cafe account Rs.2000
CCD Account Rs.1200
Baskin Robbins account Rs.1000
Wine Shop Account Rs.5000
Party Account Rs.500
Coffee Machine Account Rs.100
Sun-glass Acct (Written off) Rs.5000
Cash Account Rs. 14800
Body weight account 6 kg
Binami account 6 kg



Assignment (20 marks)
Prepare a retrospective analysis of the value proposition offered by Week-3 to ISB students at the start of the week, and how the perspective of students changed from Monday through Thursday. Prepare a balance sheet, Cash flow statement and Income statement for Week 1 to 3. Describe how different Week-3 could have been if students didn't lose their nametags. (No less than 5000 words).