Why do most chartered accountants fail in the finance courses at IIM Ahmedabad?

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Naina Kapur Posted On - Nov 29, 2022
Studied at Indian Institute of Management, Ahmedabad

Some Chartered Accountants or commerce graduates may have struggled with final courses at IIM Ahmedabad, possibly because the courses are far too advanced and specialized (such as financial engineering subjects), or because IIM A likes to surprise students in a variety of ways.

However, this is a rare case. This does not happen very often.

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Kapil Debnath Posted On - Feb 11, 2021
MBA from IIM Ahmedabad, 2018

It happens because students feel beneficent towards the remaining classes. They understand that they have a competitive advantage due to relevant grading in the class. So, in order to make things more equal, they choose a communist perspective and collectively lower their grades in the finance courses. 

This is followed by the engineers who then lower their grades in the statistics and math courses. Simultaneously, the other groups also lower their own grades. With this lowering of grades by each candidate, everyone passes all the courses with relative grading.

There was a strategy called cooperate to dominate that is widespread at premier B schools. It helps to lower the competitiveness and guarantees that everyone succeeds by failing.

There were meshes to this strategy:

  • It requires complete buy-in from every student, but there are students in the class who are curve breakers. They tend to score very high and break the relative grading curve. 
  • These students are often identified and get isolated. These students are neither recognized in discussions nor are allowed to be outside their rooms.

Here is a warning for upcoming batches, be ready to fail frequently. It’s what the most famous entrepreneurs and business leaders of the world emphasize upon. This is why most chartered accountants fail in finance courses in business schools.

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