Thursday, December 18, 2008

Covalent bonds were definitely better

It's no secret that I hate fin. I'm using hate euphemistically here. In fact it's turning into a contest of sorts with Curses on who hates fin more. The both of us generally think up word games of some sort in class for each other to solve and he came up with "I'm no nice fan of this horrible subject" a few days back. Yes, we're that jobless in IIMs. And no, the stuff we come up with are usually better. The thing is, while the guys we lunch with have difficulty with most of the puzzles we've thought up for the day, everyone chorused correctly as "FINANCE" for this one, the moment they looked at "horrible subject". The junta didn't even need to look at things like anagrams (nice fan) to solve this one. Yes, we're that predictable, the two of us.


I thought the pre-midterm part of fin was manageable though. There was stuff about money being very important and how one could borrow it for maintaining your assets (the what?). There was also just enough number crunching to keep me at least a little interested even if I could never understand why someone would want to name a supposedly very important formula as pee eee ratio. But boy, the stuff in the syllabus after the mid-terms is something else. As someone whose financial education ended with "Write a letter to your father asking for money to buy a book" in my 6th standard, I've been as confused as George Bush in an English grammar class. I don't even want to look at the syllabus sheet to type in the stuff here - I have a strong feeling I may cry. And that ain't a pretty sight, I tell you.

I have a fin quiz starting in.... 57.. 58.. 59.... 7 minutes exactly, and after trying to see what the derivatives market for government securities and term premiums has to do with coupon rates, income bonds and mortgage bonds for around 10 minutes, I decided there were better things to waste an hour on. While on the subject of bonds, pray tell me why I'd want to trust someone named as Moody's or Poor's when he gives random alphabets in the order of AAAs or BBs? Whatever, 'tis a strange world I tell you.

Chalo
, it's time already.

5 wisecracks:

nayana said...

ya? those who are into finance are crazy? Just as they think that u techies are being born crazy but confirmed crazy only little later in life.
It was intresting reading though.
Keep posting!

Sourav said...

LOL. I stumbled here somehow and ended up adding you on reader now. Wonderful sense of humour especially in some of the older posts.

Regards
Sourav

santhosh said...

@nayana
Ask them not to think - I AM crazy!!!
:)

@Sourav
With my current frequency of posts, you needn't have bothered. Will perk up though. Promise!!

Anonymous said...

brrrrr

prasanna said...

haha, tooooo good. hope you write more abou life in an iim