Who is a Great Human ?


“Arjuna once asked Krishna, ” Lord, why do people consider Karna more generous than Yudhishthira ? Neither have ever refused whatever has been asked for nor whoever has asked. So why is Karna considered greater than Yudhishthira?”*

The Lord said with a smile, “Come, I’ll show you why.”

Disguised as brahmins, they first went to Yudhishthira ‘s court and asked for sandalwood sticks to conduct ‘yagna’. The king immediately sent his soldiers to all parts of his Kingdom in search of sandalwood sticks. It was monsoon, the trees were all drenched and the soldiers returned with wet sandalwood pieces. Yagna was not possible with the wet sticks.

Krishna and Arjuna proceeded to Karna’s court next and asked for the same sticks. Karna thought for a while and said ” as it’s raining for several days now, it will be impossible to collect dry sandalwood sticks. But there is a way. Please wait for a while.”

Saying this, Karna proceeded to chop and cut down the doors and windows of the court which were made of sandalwood and after making them into pieces, gifted the dry sandalwood sticks to the brahmins to conduct ‘yagna’.

They accepted the offerings and went back. On their way back, Krishna asked Arjuna “do you realise the difference between the two, Arjuna? Had we asked Yudhishthira to give his doors and windows for us to conduct yagna, he would have given us without a second thought. But he did not think of it himself. We did not ask Karna either. Yudhishthira gave because that was his dharma. Karna gave because he loves to give. This is the difference between the two and that is why Karna is considered greater. Whatever work you do, it becomes nobler when you do it with love.”

We can work with different attitudes.

  1. Someone asked you to,
  2. or as a duty
  3. or as your dharma
  4. or as Karna did, *out of love for doing the job.


The last said is however, the best; whatever work you do, love it, enjoy the work


Millennium School of Business, Bangalore

A startup decided to pay for employees’ weddings rather than give them raises — Quartz

Boxed Wholesale CEO Chieh Huang made headlines last year when he announced that he would pay the college tuition for his employees’ children out of his own pocket after learning how difficult it was for many of them to make ends meet. The offer is available to all current full-time employees and there are no…

via A startup decided to pay for employees’ weddings rather than give them raises — Quartz

True Story of a Lizard, When a lizard can, why cant we



This is a true story that happened in Japan.

In order to renovate the house, someone in Japan breaks open the wall.


Japanese houses normally have a hollow space between the wooden walls.


When tearing down the walls, he found that there was a lizard stuck there because a nail from outside hammered into one of it’s feet.


He sees this, feels pity, and at the same time curious, as when he checked the nail,

it was nailed 5 years ago when the house was first built !!!


What happened?


The lizard has survived in such position for 5 years!!!!!!!!!!


In a dark wall partition for 5 years without moving, it is impossible and mind-boggling.


Then he wondered how this lizard survived for 5 years! without moving a single step–since it’s foot was nailed!


So he stopped his work and observed the lizard, what it has been doing, and what and how it has been eating.


Later, not knowing from where it came, appears another lizard, with food in it’s mouth.


Ah! He was stunned and touched deeply.


For the lizard that was stuck by nail, another lizard has been feeding it for the past 5 years…


Imagine? it has been doing that untiringly for 5 long years, without giving up hope on it’s partner.


Imagine what a small creature can do that a creature blessed with a brilliant mind can’t.


Please never abandon your loved ones


Never Say you’re Busy When They Really Need You …


You May Have The Entire World At Your Feet…..


But You Might Be The Only World To Them….


A Moment of negligence might break the very heart which loved you against all odds..


Before you say something  just remember..


it takes a moment to Break but an entire lifetime to make…

Millennium School of Business Bangalore

Industrial Visit to Mother Dairy @ www.msob.edu.in

Students of Millennium School of Business went for an industrial trip to Mother Dairy manufacturing plant in Patparganj. It is around 3.8 acres and employs around 700 workers in this location. Students were given a brief introduction about the company by Mr. Ashok. He told students about the white revolution and primitive and newer modes of milk collection and distribution. He also told about the actual milk processing capacity of the plant with the significance of the steps in processing.

This was followed by a documentary film, which depicted the process of milk production. The process in the making is totally automated and is internationally designed keeping in mind the hygiene standards. After the processing, the milk is stored in 12 tanks with a capacity of 1 lakh litre each. The milk is stored at a temperature of 3 degree C and then it is filled in the tanks and transported to various booths.Students enjoyed the visit of the plant and asked numerous questions. Milk and Ice Cream is the main product the plant deals in. More than 10 lakh litres of milk and 20 thousand litres of Ice creams are stored, transported in and out daily. The plant is located within the ambit of lush green environment and state of the art technology.


Then the students were taken for the visit of the plant and shown the processing area, tanks and how things are done automatically.

At Mother Dairy the students came to know about the insulated cooling system used to preserve the shelf life of milk. They witnessed the entire production process functioning i.e. Clarification, Homogenization, Pasteurization, Fortification (with Vitamin A) & dispatch. They also came to know about the significant competitive advantage which the company derives from the unique distribution network of bulk vending milkbooths, retail outlets and mobile units.They also got to know the various quality control measures adopted there. They were taken to Quality Control Department where they witnessed the testing of milk for purity & quality.Students felt amazed when they saw that such a large plant functioning without milk being touched once & the hygiene maintained was admirable. They also conduct certain vital quality tests to show the presence of urea and fat content in milk which we procurefrom local vendors. Students were made aware of the importance of milk consumption in thereday to day life depending upon the age group they belong to. It was a great learning experience for the students to know about the company products, its operations and the production process. After the first-hand exposure of the various processes, milk and ice-creams were served to the students. Knowledge and fun were the ingredients of the day.

How important is a formal education for a career in marketing ?

Do You Need A Degree In #Digital #Marketing And Social Media?

I get asked this question a lot. Most people want to know where I studied all of this stuff and what type of certification I have. I am certifiable. I am not certified. I dropped out of university because I was (at the time) already publishing magazines. My general train of thought was that it would be easier to go back to school should my career in media not work out than to stay in school and try to manage the workload of running my own publishing company while attempting to secure a degree. Regrets? I have a few. It would be great to have a MBA or degree (of some kind) in business. I think I missed out on the social dynamics of being in university, but I never let my lack of formal schooling get in the way of my education.

What about digital marketing and social media?

Universities and colleges now offer courses in the area of digital media, online strategy, social media, web analytics, search engine marketing and more. Some universities even have diploma degrees. Are they any good? Are they worth it? It depends on what you’re trying to accomplish in your career. From a professional perspective, these courses and degrees are not compulsory to have in order to be successful in digital marketing. On top of that, these courses and degrees have not become commonplace enough (or even prestigious) to have the same cache as a formal MBA or degree in project management. In short, while a degree or course completion may impress a HR recruiter for a digital marketing shop, it is not essential to getting the gig.

That doesn’t mean that they’re bad.

Figuring out if a course is the right fit for your career is not easy, but doing some homework around the university, the instructor and the course outline is mandatory. If you can’t find out information in a general search (on Google, Bing, Yahoo or whatever), leverage your online social networks (Twitter, Facebook, LinkedIn, tumblr, etc…) to ask those you are connected to. It’s also important to see how active the university or the instructors are on the digital platforms. So, if you’re asking a question about these courses and they’re not even listening/responding, that could qualify as an indicator as to how well-versed they are in the digital realm (or how active they are).

Where does this leave you?

Whether it’s an unaccredited course or a formal university degree, I still believe that the best instructor you can have is yourself. If you are truly interested in being successful in social media and digital marketing, there is a simple two-step process that you can take… and you can start today.

Learning. You don’t (just) need a course to learn. Between books and blogs and articles and iTunes U and more, the ability for anybody to learn the basics and have a solid foundation as to how these marketing engines work and perform is unlimited. My good friend, Avinash Kaushik (Digital Marketing Evangelist at Google) has a great startup called, Market Motive that offers self-paced and coached online courses that are well-worth the money as well. For a few hundred dollars over at Amazon to going through the blogroll at the left of this blog post (for free!), you will have years and years of content to help you learn.

Doing. If we have learned anything in the past decade-plus about social media, it is that there is no harm in actually trying things. Start tinkering. Join the online social networks and follow people who interest you. Start using Google Reader as a destination to curate and engage with a handful of blogs that specialize in the area that interests you most (and get active in the comments). Why not start a blog, so that you can ask (and answer) the burning questions that you need answers to. Your perspective many not be fully crystallized, but by the sheer act of creating content, you will better understand how to use and leverage these publishing platforms to get an idea to spread.

It starts with you.

Do not wait for a course to give you the answers. The answers are everywhere. Dive in. Be curious. Show up. Be serious. Be passionate. Be open. You will be amazed by the amount of content at your disposal (some good, some bad) and you will also be amazed by how many like-minded people you will discover on this journey, who can help and mentor you on to the next level in your education. Don’t get me wrong, a formal education has its merits and there is value in certification. That being said, this is still a brave new world, and it is both ever-changing and constantly evolving. The best education (for my dollar) has been in following the people who are smarter than me (again, check out the blogroll to the left) and then doing some of the critical thinking heavy work right here on this blog.

Remember: education is not just about taking a course or getting a degree. Education is about your desire to learn and grow. There has never been a better time (or place) to do that than right here… right now.

Millennium School of Business | MBA | BBA | B.Com

MBA Finance Syllabus, Colleges for MBA Finance

Finance is one of the most popular specializations within Master of Business Administration (MBA) programs. An MBA in Finance offers benefits to working professionals in a variety of industries, including commercial and corporate banking, investment services and real estate.

Given below is an outline of MBA Finance Syllabus

There are the modules that an MBA Finance student will be studying

MBA Finance Syllabus

@ Millennium School  of Business Bangalore

3.3      Elective FM 1: Advanced Capital Budgeting
  1. Cash Flow Measurement: Dependence and independence of cash flows in evaluating projects, Measures of risk and returns, Inflation in capital budgeting, Real vs nominal discount rates, Bias in cash flow estimates, Total risk for multiple investment. Measuring cash flow for acquisition. Use of Excel for estimating cash flows & decision making.
  2. Ranking projects: NPV vs IRR Conflicts, Fisher’s rate of intersection, Multiple IRRs, MIRR, Optimal decision under capital rationing
  3. Real Options in Capital Investment: Types of options – expansion, Abandonment and postponement.
  4. Project Risk Analysis: Techniques for measuring stand alone risk – Sensitivity analysis, Scenario analysis and Simulation

5 Financing Decisions: Sources of long-term finances for a project. Leasing – Types of leases, structuring of lease rentals and evaluation of lease.

  • Elective FM 2: Advanced Capital Structure Theories
  1. Empirical Perspectives on the Financial Characteristics: Analysis of composite cash flows, Leverage, Ownership structures, ROE, P/E ratios, Dividend payout, Dividend yields, and other financial characteristics of Sensex and Nifty firms.
  2. Principal Agent Conflict and Financial Strategies: Introduction, Limited liability and the separation of ownership and control, role of management with diffuse ownership. Classic directive to management, extended stakeholders, Conflicts of interest, Contracts and a revised directive.
  3. Information Asymmetry and the Markets for Corporate Securities: Introduction, Theories of the effects of information asymmetry, Valuation of traded equity under asymmetric information, Information asymmetry and the Quality of the market for a firm’s equity, optimal ownership structure.
  4. Leverage Decision: Introduction, Corporate and personal taxation, Modifying MM propositions to account for corporate taxes, Traditional trade-off theory, Agency theory and leverage decision, Asymmetric information and leverage, balancing agency costs with information asymmetry.
  5. The Firm’s Environment, Governance, strategy, operation and financial structure– Firm’s business environment, operation structure, Financial structure, risk performance and contingencies, empirical analyses of risk.

  • Elective FM 3: Portfolio Management
  • Market efficiency: Random walk and the efficient market hypothesis, Empirical testing of Efficient Market Hypothesis (EMH). Portfolio Theory – Capital allocation between the risky asset and the risk free asset, Optimal risky portfolios-Markowitz model Vs Stochastic Dominance Analysis(SDA), Equilibrium in capital markets – Capital asset pricing model, Index models and Arbitrage pricing theory and multifactor models of risk and return.
  • Fixed Income Securities: Bond Prices and yield –Bond Characteristics and Types, Bond Pricing, Bond yield, Term Structure of Interest rate, Interest rate risk-interest rate sensitivity, duration, convexity and immunization.
  • Fundamental Analysis: Economic analysis, Industry analysis, Company analysis, Forecasting company earnings, Valuation of companies,
  • Technical Analysis: Market indicators, Forecasting individual stock performance, Techniques, Types of charts, Dow theory, Relative strength, Contrary opinion, Moving average, Conference index, Trading volume, Concept of depth, breadth and resilience of the market.
  • Active Portfolio Management: Portfolio performance evaluation – measuring investment return, conventional theory of performance evaluation, M2 and T2, market timing, performance attribution procedures, style analysis and morning star’s, risk adjusted rating. Active portfolio construction using Treynor – Black model

4.2 Elective FM 4: Financial Strategies

  1. Mergers and Acquisitions: Basic forms of acquisitions, tax forms of acquisition, Accounting, Synergy from an acquisitions, and sources of synergy, calculating value of firm after acquisition, cost to stockholders from reduction in risk, the NPV of merger, defensive tactics. Takeover and Buyouts.

  1. Financial Distress and Restructuring: Introduction, Causes and effects of financial distress, Operational cutbacks, Causes and effects, Divestiture vs. asset sales, Financial restructuring, Reforming governance (or) Management structures (or) Replacing management Debt restructuring, Bankruptcy, liquidation & reorganization.
  2. Private Equity and Venture Capital: Introduction, Rudiments of valuing and financing a venture, Stages of venture development and financing, Financial analysis of Venture capital firms (VCCs), Structuring the deal/ Financial Instrument, Investment nurturing, valuation of VC portfolio, Initial Public offerings of stock –. Managing internal and seasoned equity offerings.
  3. Dividend policy and Stock Repurchases: The Irrelevance of Dividends and Stock Repurchases in Ideal Capital Market. Types of Dividends and Dividend Payment Process. Dividends and Principle Agent Conflicts. Dividends, Taxes and Transaction Costs. Stock Repurchases versus Dividends. Corporate Liabilities- Alternate Debt Financing Sources, Debt Maturity Decision, Corporate use of Trade Credit, Bank Loans and Relationship Lending. Information in Debt related Events.
  4. Merchant Banking and Credit Rating: Introduction to merchant banking, merchant bankers/lead managers, registration, obligation and responsibilities, underwriters, obligation, bankers to an issue, brokers to an issue. Issue management activities and procedure pricing of issue, issue of debt instruments, book building green shoe option, services of merchant banks, Credit Rating – SEBI guidelines, limitations of rating.

4.3 Elective FM 5: Derivatives

  1. Introduction to Derivatives: Forwards, Futures, Options, swaps, trading mechanisms, Exchanges, Clearing house (structure and operations, regulatory framework), Floor brokers, Initiating trade, Liquidating or Future position, Initial margins, Variation margins, Types and orders. future commission merchant.
  2. Forward and Future Contracts: Forward contracts, Futures contracts, Financial futures, Valuation of forward and future prices, Stock index futures, Valuation of stock index futures, Heading using futures contracts, Heading using stock index future contracts, Index futures, Adjusting BETA of a portfolio using stock.Interest rate futures and currency futures.
  3. Options Contracts and Trading Strategies: Characteristics of options contracts,trading strategies.
  4. Valuation of options – Graphic analysis of call and put values, Characteristics of option values, Models of valuation;Binomial and Black and Scholes model .Opton Greeks.
  5. Commodity future market: Forward market commission; exchanges, trading mechanism.

4.4 Elective FM 6: International Financial Management

  1. International Financial Management: Structure of foreign exchange market. The balance of payments, International monetary system – I.M.F, The nature of global capital flows – FDI, FII, Private equity and hedge funds.
  2. Exchange rate determination: Structural models of exchange rate determination – IRP and PP Parity, exchange rate forecasting. Transfer pricing and netting.
  3. The foreign exchange market: Structure, Types of transactions, quotations and Arbitrage. Exchange rate regimes – foreign exchange market in India.
  4. Measurement of exposure and Risk: Classification, Transaction, translation and operating exposures. Management of exposures. Hedging, forwards, currency futures, options, swaps and hedging with money market.
  5. Management of interest rate exposure: FRA interest rate caps and floors. Financial swaps-types-motivation application of swaps. GDR, ADR.


4.5 Elective FM 7: Corporate Taxation

  1. Outline of Income Tax Act, 1961: Basic Concepts and Definitions, Incidence of Tax, Heads of Income, Exemptions and deductions.

  1. Computation of Business Income: Definitions, Scope, Computation of Profits and Gains from Business or Profession, Deductions, Minimum Alternate Tax, Tax on Distributed Profits.

  1. Computation of Capital Gains: Capital Asset, Transfer, Short Term and Long Term Capital Gain, Cost Inflation Index, Exemptions.

  1. Set off and Carry Forward: Business Loss and Unabsorbed Depreciation, Return of Income, Assessment, Advance Payment of Tax, Tax Deduction or Collection at Source.

  1. Tax Implications in Business Restructuring

Best Business Schools in the World

The Best Business Schools in the World

A Bloomberg Business Report

Business school has been called a two-year job interview, and with good reason: For more than $100,000 and two years of study, MBAs hope to gain access to vast alumni networks, top-tier internships, and the very best jobs. Our annual ranking of full-time MBA programs now focuses on what most people hope to get after business school: a satisfying, well-paying job.

More graduate degrees in business are awarded each year than in any other field in the U.S., and new business schools are accredited by the dozen every year. To identify the best ones, we compiled data from more than 13,150 current students, 18,540 alumni, and 1,460 recruiters across 177 distinct B-school programs. The result is our deepest and broadest set of data ever.

This year, we’ve revised the way we rank schools. For the first time, we surveyed MBAs after graduation for more insight into what graduates can expect in their future careers. We detailed some of the standout findings about MBA alumni in a separate report—including a broad pay difference between male and female MBAs that starts small, but gets bigger as they continue their careers.

Older elements of our ranking, including a tally of faculty research, have been scrapped because they don’t get at our fundamental question: How well does this business school channel its graduates into good jobs?

You can dig into an exhaustive explanation of our ranking methodology below, which also details how it differs from previous years. Briefly, the Full-Time MBA Rankings are based on five parts:

Read more


#businessschools #managementcollege

Team – Millennium School of Business Bangalore

Tips for MBA Admissions

Some Tips to follow If you are doing MBA

Aiming to take up MBA seeing that your higher studies choice? Well, end your seek with MBA India, any preferred and emerging vacation spot for choosing management reports. That’s because of the existence of a huge number of renowned and distinguished business schools in most over India.

If you pass facts, then you will know that statistics show a lot of enthusiastic applicants getting accepted into MBA India. The increasing quantity of top notch MBA Asia establishments also confirms the increasing popularity of the same.

Gone are those days and nights when it was difficult to acquire pertinent information. Nowadays, with the internet, you may easily hunt for precise resources so that you can lay hands on a few of the top MBA India organizations. Apart from the prime ranking MBA institutions, you can even search information on the net for the location particular business schools. For example, typing in MBA colleges using your city name in engines like Google can offer you scores of relevant leads to the city specific or even locality specific MBA Asia institutions.
Apart from destinations, there are a wide variety of considerations that must definitely not be overlooked. Some of which include the profile connected with MBA institution, the infrastructure, the experience, the heritage, the expertise of the actual teaching staffs, the pricing structure of the tuition fees, the placement opportunities, the tie ups, present day educational approach if any with the foreign universities and institutions.

When it’s about deciding on the disciples, then MBA India offers its specialization in numerous areas of expertise. Many of the sought after disciplines include IT, accountancy, communication management, man resource, marketing, bioscience organization, finance, international business, sustainable business, retail management, travel and leisure, hospitality, real estate plus much more.

After you have determined the MBA College plus the discipline, the next requirement is to prepare for the entrance exams that need to be cracked in order to make sure a seat in probably the most prestigious MBA India organization. In this respect, you can take the MBA coaching at one of the renowned coaching institutes pertaining to complete preparation on listed the mock MBA tests also to dedicate yourself to research hard through which it will be easy to prepare yourself to get a powerful road ahead connected with you.