IT Enhaced Learning

SOME TIPS TO LEARN THE SUBJECT A BIT EASILY



We have discussed these techniques in our last session. Anyway I would like to repeat it hereby for the benefit of others.

First you take out the whole bunch of the study materials and place it before you in its right order. For example, we will begin with MS 42 Capital Investment and Financial Decisions.

Place the books in the following order:

Overview of Financial Decisions
Investment Decisions Under Certainty
Investment Decisions Under Uncertainty
Financing Decisions
Strategic Financing Decisions

Place the books in such an order that you see all the titles printed on the bottom side of the booklets. First book pushed up a little and the book below it a little down the next book a little more down and so on , so that you can see all the tiles in one glance.

After you have finished arranging the books in the said order, look at the block of books carefully read the titles. Close your eyes and think about studying and completing all these books. A slight ‘fear of work’ may conquer you at this moment. Console yourself.

And after you have consoled yourself please sit idle for another minute without thinking of anything. Keep your mind as blank as possible. Your mind may go away from you, but catch him back and hold him to the blank mode of the mind. It may not be possible at the first trial, but keep trying, it’ll soon be possible to sit in the blank mode for as much time as you desire.

After two or three minutes while you are in the blank mode of the mind, come back slowly to the normal mode of your mind, where the process of thought begins again.

It should be akin to a sunrise, your mind comes up to the normal mode after a restart of the system, made more powerful and receptive.

Now think of read the captions on the cover page of the first booklet. Keep all the other four aside but not away from your sight, normally stacked.

Try to avoid all other thoughts as far as possible. Keep away from all possible distractions. Think consciously that you are going to study the book “Overview of Financial Decisions”.

Open the cover page and read the content of Block 1 given in the first page of the book:

Unit 1: Nature of Long Term Financial Decisions

Unit 2: Cost of Capital

Unit 3: Capital Structure Decisions

Read these words and try to recollect all that you know about these, right now, before doing the topic.

Please take a book and write down whatever you know about the topics i.e. Unit 1: Nature of Long Term Financial Decisions, Unit 2: Cost of Capital and Unit 3: Capital Structure Decisions

Alternatively you can type it in a computer using Microsoft Word or Notepad. Save it in a directory called IGNOU and create a Sub Directory called MS 42. Go to another sub-sub directory: “Overview of Financial Decisions” and save the file in it.

Now turn the page and go to page 3 and you’ll find Block 1 Capital Investment and Financial Decisions.

Read the four paragraphs below that carefully. Now you will get a rough idea about what you are going to study. Compare the new ideas gained with the notions you already had about these subjects. If required go back to the notes you have made and read it again. Incorporate corrections if you deem it fit to. Save it again.

Go to the 5th page then.

NATURE OF LONG TERM FINANCIAL DECISIONS.

Read the whole page down from the Objectives to 1.12 Answers, carefully at the same time fast. This will again give you a clearer understanding about what you are going to learn. Turn the page now to the 6th one. Read the Introduction carefully. Repeat if necessary. Think for a while what you have understood, and correlate the facts with your previous notions on the subject. Make correction if needed.

After this turning page by page and glancing through them, go to the 20th page. Read the Summary carefully and repeat if necessary. Stop for a while, think for a while and go to the Key Words. Read all the Key words carefully two or three times and try to remember everything and retain everything in your mind.





I will tell you something about the techniques of Memory Power Development. These techniques were envisaged and used successfully by the world famous memory trainer Harry Lorrayne.

Theory of Association is a technique use to empower the memory. An event or term to be remembered is associated in our mind to some strange, bizarre or occult images. The first term mentioned in the ‘Keys words’ is ‘annuity’

Annuity means an equalized stream of cash flows over a period of time.

To make you remember and recollect what is meant by the term Annuity in FM (Financial Management). Visualize you sitting in toilet. Think of your anus and a continuous flow of stool from your anus- an equalized stream of flow for a period of time. Correlate the event with ‘annuity’. Whenever you think of ‘annuity’ this bizarre image will pass through your mind and you will surely be reminded of the meaning of the term ‘annuity’. Try the same technique or any other befitting technique with other terms also. Somehow remember what you have read.

Now again think of what new knowledge about the subject in hand, have you gained. Correlate the newly gained ideas with your previous notions on the subject. Read your notes which you made previously on this. Make corrections if necessary. Save it.

Blog

Create a blog on your studious endeavour and publish the note you have made in the blog. Send a mail to all your colleagues and friends asking them to visit your blog. Request them to record their opinion also.

After you finish this go to the self assessment questions and read and prepare answers for these questions. I request you to publish these also in your blog. Visit the blogs of your colleagues and compare your answer with others. Chat with them and clarify your doubts.

Further Readings is another helpful column in our book. Try to get as many books mentioned in this column. Identify the necessary topics and read it carefully, of course making notes on it. Share the knowledge you gain with your friends and teachers. Try free downloads, to save time and money.

Repeat the same process with Unit 2: Cost of Capital and Unit 3: Capital Structure Decisions or with any other blocks you have to study. Please make a copy on alternative retrieval system also, to manage contingencies.