Term 1 ..and the delusion of Academic Competence

"GMAT scores translate into B school academic performance." I swear. Its on the net. And its crap. The watchword is "relative grading". If you aren't one of the aliens who dream in numbers, "fugged aboud id" (pronounce that like Hugh Grant tryin to talk like a Mafia don). Another altogether more comforting notion is "Placements have nothing to do with grades unless you wanna get into consulting or I-Bankin'." Well..you're gonna have to wait for another six months before i shed any light on that one.

For now, I am content not to do anything to either confirm or dispel it.