Pearls of Wisdom

24th June 2004. I landed with a couple of bags at MDI. My new home for next two years.

23rd June 2005. One year of the two is over and when I look back, there sure is something that I have been fortunate enough to learn in this year. This post, although is a bit late, has few pearls of wisdom that I could gather in this year at one of the best business schools in India.

As they say, management education is about participating in class and contributing to other people's learning and understanding. There are times when some of us tend to overdo it a bit. Everyone must have seen, heard or experienced some obnoxious people who love to speak up their minds. A component of evaluation is based on the contribution you make to the learning of other people in class. And there are people who want to make a killing with this component. They would keep their loooong arms stretched out all the time. I don’t know if they have something to add, but they would keep their arms as stiff as a scarecrow’s. This phenomenon is called DCP. DCP is an acronym for Desperate Class Participation and is used very conviniently for people who speak without adding anything substantial to the class.

Next thing that I learnt at my BSchool is a word called Arbit. If you try searching for it on, you would not find it. Why is that? Because this word is used exclusively in management studies. In fact I think that this is the most commonly used word in business schools after the sacred F word. Lets try to learn the meaning and origin of this word. Many enlighted souls say that this word is a short form of the word called arbitrary.
"Determined by chance, whim, or impulse, and not by necessity, reason, or principle" - Source:

This sounds like a plausible explanation. When people speak up their minds, get creative, determine by whims, forget reason, ignore logic, what comes out is called Arbit !!!!. I can post a few examples here. Lets say the entire class is involved in an intellectual discussion about a car being an HIP (High Involvement Product). A reasonable addition to discussion would be that a HIP is something whose selection involves a lot of thought process and an arbit addition would be that a HIP is something hep. Hip as in hep and happening. Hip as in
"Very fashionable or stylish." - Source:
I might not be able to give a very good example of arbitness because am not talented at that and am certainly not the gifted one. By the way a lot of people say that this statement that I just made itself is arbit.



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