An elective, in a B-school, resembles a living organism to the extent that it needs to adapt itself to the emerging environment if it has to survive. The number of mutations that his elective – New Enterprise Financing (NEF) – has been through, over 21 years, is an example of such adaptation, writes G. Sabarinathan1 A few weeks ago, I wrote a post on the last edition of my elective, New Enterprise Financing2, that I had taught at Indian Institute of Management Bangalore (IIMB). The comments on the post and…