The old Chinese curse "May you live in interesting times" has taken a brand new meaning for those in b-school especially the ones in India.
The fallout of the economic crisis, how it has affected the world and India is as interesting as macro-economics and finance theory can ever get. Figuring out how we got into the mess we are in and how can we get out of it and the efforts going on worldwide are lessons that teach better than any classroom lecture.
As I've written previously IIMA started a course on Business Ethics this year and what better way to put ethics in business into perspective than the Satyam fracas. Markets crashing, commodity prices jumping everywhere, people bungling...interesting times indeed.