Skip to main content

Introduction to Economic Times University

Dear Friends,

Economic Times (ET) University is my initiative to update you with daily dose of business terminologies used frequently in the "Economic Times". Reading and understanding the ET everyday is a must for an MBA aspirant, but due to lack of exposure our students find it difficult to understand ET language and terminologies; and stop buying one.
I shall manage this blog and try to come up with interesting facts and articles (my own or the ones appearing in the ET) here on ET Univ. blog, BUT it can only be a fruitful step if you discuss and ask questions by way of comments. Lets join as a community of like minded learners and work towards an ever shining Brand Amravati. 

Happy Learning !


Term of the Day:
 Level Payment Amortization -

Repayment of a loan through a fixed number of fixed-amount monthly
installments. While the amount of the installment is same every month,
however, it is apportioned unequally between interest and principal
payments. In the early years, the major proportion (as much as 90
percent) of the installment amount goes towards payment of the
interest. It is only in later years, when most of the interest has
been paid off, that the principal balance begins to reduce
significantly. Also called straight line amortization.

*Level payment amortization is in the Accounting & Auditing and
Banking, Commerce, Credit, & Finance subjects.

*Level payment amortization appears in the definitions of the
following terms: level payment mortgage, straight line amortization,
level debt service, and amortization.

------------------------------
Regards,

Ravi M. Sahu
Asst. Prof. - MBA
Cell:-727 681 0490,
        937 000 1214

Comments

  1. The Super-Human Within!December 20, 2011 at 1:47 AM

    My friends are asking about the name I have chosen for my blog...."Jahan naa pahuche Ravi", actually I have always been very influenced by the great 'Socrates' who believed in being aware about our own ignorance.....hence I m also trying to find where have I not reached yet!! Lets explore together...

    ReplyDelete
  2. Mayur S. JoshiDecember 20, 2011 at 1:52 AM

    A Very good Initiative sir...

    ReplyDelete
  3. Mayur S. JoshiDecember 20, 2011 at 1:57 AM

    In that case Sir lets Take This Blog to very new heights... & lets c very we actually reach.. !

    ReplyDelete

Post a Comment

Popular posts from this blog

Ram or Krishna whom to follow?

23 MAR, 2012, 11.34AM IST, DEVDUTT PATTANAIK, Management Mythos: What Krishna tells us about not being wrong in breaking rules, if dharma is upheld Narada had the power to travel through space and time. One day, he decided to pay a visit to Ayodhya , the city of the rule-following Ram and to Vrindavan, the village of the rule-breaking Krishna. At Ayodhya, he told the story of Krishna; the residents did not appreciate the rakish, mischievous cowherd at all. He is not serious at all, they said. At Vrindavan, he told the story of Ram; the residents did not appreciate the upright and rather serious king at all. He is no fun, they said. Narada then went to Hanuman, the mighty monkey, and asked him who he preferred : Ram or Krishna? And Hanuman said, "What is the difference? Both are Vishnu to me; Lakshmi follows him, whether he is Ram or Krishna." So what is the difference between Ram and Krishna? Both belong to two different contexts: Ram lives in Treta yuga and Krishna in Dvapar...
Post a Comment
Read more

The Superman with a Microphone!

  The Superman with a Microphone! Superman—that’s what you become the moment you step onto the stage with a microphone in hand. Public speaking or confident communication, whether on a dais or in a formal gathering, has always been a skill many aspire to master. From ancient orators to modern-day motivational speakers, the ability to command attention and inspire action has remained a powerful tool for change. Yet, becoming a successful speaker isn’t an enigma. With a little thoughtful preparation and consistent practice, anyone can unlock the superpowers of public speaking. Let’s decode the art of engaging communication and help you become the Superman with a Microphone. **Step 1: Work on the 'Who?' Before you step into your superhero shoes, ask yourself: Who is the audience? This question is crucial to setting the tone for your speech. Understanding your audience enables you to: Gauge their mindset and expectations. Determine their familiarity with the to...
1 comment
Read more

Learn Sales from a real salesman !!

Could not resist sharing this....must read! 7 Reasons why you MUST know SALES! Posted on January 26, 2012 by Rodinhood When I was 17 years old, a real estate agent – M.M Goyal of Jaico Real Estates in Mumbai told me a Hindi dialog. He said ‘Vyaapari woh, Jo Bechta bhala’. Translated, it means “The businessman who knows how to ‘Sell’ is truly successful”. 25 years later, I couldn’t agree with him more. No matter which profession or job you are in, you have to know how to sell if you want an accelerated career. Here are seven compelling reasons I have learnt personally: 1. Sales make you believe in yourself. When I started an unheard concept of creating online contests (contests2win) in 1998, I couldn’t even explain the idea to people because the online world was alien to them. In a famous meeting I had with Gunender Kapur (GK) of Hindustan Lever (that lasted for one hour), in which I pounded the idea of online promotions for the Annapurna Brand that he headed. He finally exclaimed, ...
2 comments
Read more