The Inquirer Vol 1, Issue 3

2017 INDIAN SCHOOL OF BUSINESS & FINANCE NEW DELHI OCTOBER Vol 1, Issue 3 the the INQUIRER INQUIRER The purely economic man is indeed close to being a social moron. Economic theory has been much preoccupied with this rational fool. RICHARD THALER, awarded the Nobel Memorial Prize in Economic Sciences, 2017, for his "contributions (that) have built a bridge between the economic and psychological analyses of individual decision-making." IN THIS ISSUE Multi-Disciplinary Classes Careers in Economics StudentSpace What to expect at Xenia 2017-18 Real-world problems are complex. No single discipline can adequately describe and resolve these issues in isolation. The word "interdisciplinary" is defined in Merriam-Webster as simply "involving two or more academic, scientific, or artistic disciplines." An interdisciplinary degree programme does just that: it involves covering a broad range of practical and relevant subjects necessary for developing a breadth of understanding of learning and society. Subjects such as economics, finance, entrepreneurship, international business, banking, accounting, human resource, marketing, organization behavior, crowd psychology, strategic management, quantitative techniques are among the most popular fields of study at universities worldwide, particularly at graduate level. You might wonder why this is the case. The answer lies in increasing globalization and transnational expansion of business operations over time and consequent requirement of skilled people to address a complex set of finance, economics and business problems. At ISBF, inter-disciplinary learning is accomplished in two ways. First, by helping students identifying insights from a range of disciplines that contribute to an understanding of the issue under consideration. Second, by helping students develop the ability to integrate concepts and ideas from these disciplines into a broader conceptual framework of analysis. LSE is known as a leading school in the world for social science studies with an inter-disciplinary perspective. As the inheritors of this pedagogy from the LSE, ISBF strives to make the learning experience for its students as inter-disciplinary as possible. Among a host of other means, ISBF faculty members attempt to combine their expertise in multi-disciplinary classroom discussions where students get exposed to this holistic approach to learning. This issue of the Inquirer takes you, dear reader, on this intellectually stimulating journey. Along the journey, we will attempt to dissect real-world issues from a combination of perspectives involving economics, management, finance and social sciences, to demonstrate the viability of this approach to learning in the classroom. Life at ISBF Editorial Board Prof. Aryapriya Ganguly - Editor-in-Chief Prof. Soumitra Mookherjee - Associate Editor Prof. Navni Kothari - Associate Editor (Editor-in-Chief)