Narayan Ramchandran, Director, Morgan Stanley, Addresses IIM Indore Students

Narayan Ramchandran, Director, Morgan Stanley, Addresses IIM Indore Students

He reflected on how everyone coming out of a B-school decides on I-Banking or Consulting career without understanding what it exactly is. Therefore, to come to a rational decision, it would be very important to keep reading.

Reading is also important to develop the critical faculty. This would help in streamlining decision making and speed up the process - of democracy and of business.

He spoke about how each publication had a certain differentiating aspect and how we should grasp those aspects and filter out the garbled message. For example, among the newspapers, each had a certain flavour. As a result, if one needs information, particularly information that would relate to one as an individual, he/she would read the Economic Times. If one would want data, he/she would read the Hindu Business Line. If one wanted more thoughtful editorials, one would read the Mint or the Business Standard.

Among important periodicals, he spoke about the Economist, The Economic and Political Weekly. He suggested reading books and periodicals that have been peer reviewed. Considering new information tools, he spoke about Martin Wolf's blog on FT and Krugman's blog.

Among the books, he suggested Minsky's "Can it happen again", "Manics, Panics & Crashes" by Kindleberger, "Against the Gods" by Peter Bernstein and "Das Kapital" among others.

Mr. Narayan Ramchandran, Director of Morgan Stanley, with Faculty Members of IIM Indore

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Contributed by -
Gaurav Gupta,
Media & Public Relations Committee,
IIM Indore.

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