My Musings My Articles

I am a regular at Pagalguy.com, the leading Blog for MBAs in India. I also have my own personal blog. Pagalguy features my experience of Life@IBA Bangalore, where i am pursuing my MBA. My personal blog features my own exerience of life in general. So lot of these articles may have been published or may get published in Pagalguy.com or at my own blog.

 

I have given links to these Blogs. Also I will feature some good article here directly.

Link to my own blog:

http://meraduniya.blogspot.com/

Link to my Pagalguy.com Blog:

http://www.pagalguy.com/forum/b-school-student-discussions/17083-life-iba-bangalore.html

My Recent Article:

Interview Techniques

Generally to check the skills, experience, qualification, hobbies etc., an Interview will be conducted and to select a suitable and best deserved candidate for the position in a Company who can handle the job efficiently, independently.

Remember that the interviewer (s) are of great experience. They are fully acquainted with the nature of the duty and qualities required of a candidate for the particular job. They can judge a candidate’s capabilities from his words and expressions.


In this matter, the candidate must be well prepared to give the answer briefly, point-to-point, with suitable examples so that he can impress the Interviewer; The following are few techniques which are generally observe at the time of Interview;


1. There are generally two types of interview, (a) Verbal and (b) Written.

2. Be Confident, be Bold, be Polite, be Positive while facing the interview.

3. Your fear & tension are the main drawbacks in getting the job, so try to avoid it completely.

4. Soon after receipt the Call from the Company, you should prepare/revision the relevant subject matter.

5. Inquiry about the Company’s background and to whom interview at what exact time, date & Venue.

6. One day before the interview, visit to the said Company and know the exact location and collect some information about the Company, their main business activities, about Product, Service, how many branches, their locations, how many staff working (Technical/Non- technical) , Salary range etc. complete so that, at the time of interview you will have more confident to give the appropriate reply.

7 Think that, you are going to attend the Interview but not to beg anything from the Interviewer.

8. Never claim false expressions of any hobbies or interest, actually you don’t have.

9. Don’t lie any matter at any cost, which leads to leave a bad impressions.

10. Dress smartly with combination tie, shoe (polished), cut the nails, use light scent/spray, combed well etc., Avoid strong scent/after shave lotion.

11. In case if you may have mouth-smell, then Pl. use mouth-refreshing tablets/syrup before interview. Advise not to use the onion, garlic & other food stuffs which gives smells while speaking.

12. Reach the interview location at least half-an-hour in advance.

13. Wait patiently up to your turn comes in the Waiting Hall/Room. And don’t discuss any technical/subject matter with your colleagues this will loose your confidence.

14. Enter in the Interview Hall/Room duly knocking the door. Don’t enter the room neither very hurriedly nor very slowly. Normal pace and dignified entry must characterize the candidate’s appearance before the interview board.

15. After saying usual salutation like, Good morning/Afternoon/ Evening as per the situation, give brief introduction and the reasons to come here, and don’t wait till the Interviewer to start the discussions.

16 Don’t shake hand until and unless the other side is offer first.

17. Occupy the seat quite normally - when the Interviewer requests you. And don’t forget to say him ‘Thanks’.

18. In case, if you wear a Hat or sunglasses take it off as you enter the Room/Hall.

19. Sit comfortably with more confidently and don’t keep any File, Testimonials, or Bag on the interview’s table. You should keep it down at your side.

20. Listen very attentively & carefully the question and give answer in natural & normal ways.

21. If you don’t understand the question properly, request him to repeat, tell frankly & don’t shame/hesitate here. If you don’t understand at all any question then, simply keep quite, don’t try to give false reply/information.

22. The First Impression is the Best Impression, so try to give good impression.

23. Speak in a soft but very clear tone. Your words should be well chosen. You should convey your ideas very clearly. Maintain the normal pitch and normal speed.

24. During interview, see the Interviewer’s eyes and give reply suitably.

25. The Interviewer read your body language, don’t bend so or don’t sit so comfortably freeing the legs, hands or shoulder, so be careful.

26. Keep the friendly & good atmosphere in the Room/Hall with smile face, and some-time laugh and don’t so close with the Interviewers, otherwise bad impression count.

27. Your every moments will be checked by the Interviewer.

28. Don’t complain against previous Employer/Co. at any stage, which give a negative thought on the Interviewer.

29. Some-times the Interviewer ask about why you leave the previous Co. what are the main reasons etc., so give appropriate and correct answers like; for bright prospectus or good working atmosphere etc., Never say, salary not in time, not good Company, this will give again the negative points.

30. Apart from the subject matter, they may ask other general & social questions, so give the right answer.

31. Don’t keep any kind of mental tension while facing the interview, which leads to fail the interview.

32. Some-times, they may ask personal and general questions at a time, to confuse the candidate, so listen carefully and give one-by-one answer, & don’t loose your temper.

33. Advise to Rehearsal for Interview with your Master or friend, so that confidant will come and can face the interview in perfect manners.

34. Don’t ask any questions/quarries until and unless you have been requested.

35. Don’t ask first about the salary/package and other service benefits etc.,

36. Memorize all the passing dates of Qualifications & Experience, sometimes they may ask, what you have mentioned in the CV.

37. Don’t play with the items place before the Interview’s table.

38. Don’t change your seating directions frequently; this will loose attention of the Interviewers.

39. Don’t blame your Fate, Fortune or your family background or financial matters; this will count another negative point on your part.

40. After Interview finished, leave the premises immediately, and leave a impression that, you have to attend another interview at another place.

41. Try to cover your weakness through the presentation of other achievements.

42. Develop your personality to suit the post for which you have applied.

 


GENERAL INFORMATION:

- Until and unless you have not prepared well, you are unable to face the Interview.
- At any stage, don’t fear, be confident in you, be polite, be positive this will leads to success the interview.
- In fact there are number of opportunities in the Market for the right, deserved, well qualified, talent, energetic, well experience candidate only.
- Communication is the only way of _expression your skills & talent.
- To get any success, definitely there should be hard work with more concentrations, and proper preparations.
- Success is sure and definite for those who himself check their negative points and changed into positive attitudes.
- Dear, if you can't change your attitudes then no one can help you and you never succeed in your Career/Life. Pl. accept the facts.
- Wishing all the Best in your Career.
- You may please add some relevant information to this text to complete the information in all respect.


VERY IMPORTANT

DON’T FORGET TO PRAY TO GOD TO GET YOU SUCCESS, if you are not successful,

Don’t feel heart because GOD has kept some good opportunity for you somewhere else

 

MBA Tips:

T

hose of you who have an MBA degree under your belt are among the most in-demand group of professionals today.

Top notch companies woo you in campus recruitments with fancy salaries and nurture you with well-designed induction programmes post-hiring, contributing to your growth.

While companies do their best to retain you, the high flyers, here are a few tips to help you settle down and contribute to the company you join.

Keep your feet firmly on the ground

MBAs are often accused of being people in a great hurry and carrying a chip on their shoulders. It is true that MBAs are trained and groomed in their institutes, but this does not make them perfect.

A sensible MBA should bide his time and learn as much as he can on the first job. The sooner he settles down, the lesser is the impact of the ground realities. I say this because an MBA tends to get disillusioned when as a new employee he experiences deviations in his profile or company from his expectation.

As new entrants to the corporate world, MBAs should respect their seniors and listen actively; not show off their theories and concepts. Let us accept that indifference, resistance and resentment will get you nowhere; in fact, some humility will help you cross several hurdles.

Be patient, persistent

Patience is one virtue that can help MBAs do a lot better in their organisations.

Very often, MBAs who join as management trainees complain the training appears to be an extension of their MBA education. This may be true to some extent but organisations have their own complexities and specific characteristics; a sound awareness of these would help you a great deal.

An old file you want or an appointment you seek with a senior manager may not be available at first attempt but, try, try, try, until you succeed. Your patience would also send positive signals to the seniors about your sincerity and dedication.

If you still think that you are still doing an extended MBA, do it; don't forget you are now being paid a salary to do so. So, don't complain!

Focus on performance, not preaching

For the initial few months the best strategy to follow is to learn as much as you can, complete allocated tasks on time and display a high level of enthusiasm. No task should be perceived as mundane or routine and must be completed meticulously. As is often said, be seen not heard.

Till you settle down in the organisation and gain the acceptance of peers and seniors, it is advisable not to shoot off your mouth on sensitive issues like policies, procedures and practices of the organisation. Criticism, being judgemental and bragging should also be completely avoided.

The 'I know more' arrogance should be judiciously avoided. Do not try to prove yourself right by proving others wrong. This very often leads to situations where you end up digging your own grave. Remember that seniors/colleagues too have their competencies and are capable of doing things as well as you or even better.

Prove your mettle

If you think you are great; prove it.

This should be the sole objective of the new incumbent MBA in the organisation.

Take up projects and assignments and complete them successfully. Ensure deadlines are met and the quality is of the highest standards. Prepare for every meeting you attend; this can increase your own confidence and also impress your superiors.

Let us realise that the blue chip company you have joined has been running successfully without you. Concentrate on how to add value, not fault-finding.

Conciseness, brevity and enthusiasm can go a long way in fuelling a positive impression about you in the minds of seniors.

Yet another important aspect to be remembered is that WORK COMES FIRST; picnics, fun, dates, films and surfing the Net can wait.

Review and feedback meetings

Ensure a continuous communication channel with your immediate superior. The normal tendency of many superiors is giving negative feedback when things go wrong. Continuously solicit feedback from your boss about your performance and develop on your strengths and eliminate the weaknesses.

Take your boss into confidence; never bluff.

It is this continuous interaction which would often fetch you objective appraisals at the end of your probation than a subjective one.

It is also important to realise that in life you can choose your spouse, but not your boss. Hence, the best strategy is to maintain the best of relations with him/her.

Draw inspiration from his/her strengths and ignore his/her weaknesses. Make him/her aware of your competencies and see how the synergy between you both could help improve your performance and that of the department and the company.

Survive, stay on, succeed

If you are a true MBA then have the guts to stay on and contribute to the organisation.

It is very easy to show off by boasting that you have another job offer within three months of joining, but the real challenge lies in your ability to combat the odds and contribute. You must prove your loyalty and commitment to your current organisation first, lest you are accused of being a job hopper.

By loyalty, I am not referring to the number of years you have spent in an organisation but to the contribution you have made to that organisation.

Job hoppers grow faster in the short run but disappear in the long run. I would say a period of about one-and-a-half to two years is optimum time to prove yourself and contribute to the organisation that hires you.

To conclude, follow the good old adage: Well begun is half done.

At the campus, choose your company with care. Do not be carried away by the hype or glamour or salary/perks. It is best to choose a job where you have a fair degree of independence and responsibility in a professionally managed organisation.

Once you settle in and start contributing, you will enjoy your job and succeed too. Consider the real acid test passed when years down the line, your resignation is accepted with a heavy heart, not gladly.

-- R S S Mani is promoter and CEO, R S S Mani and Associates, a human resource development consultancy. He is also on the Board of Studies for SIESCOMS. He can be reached at profrssmani@ rediffmail. com

 

Budget Special

Union Budget 2007 - 2008 India Highlights

Union Budget for 2007 - 2008 presented by Finance Minister P. Chidambaram lays strong emphasis on social sector, agriculture, and infrastructure. Finance Minister has tried to spread the fruits of economic reforms to the neglected sections of India.

Indian Budget 2007 - 2008 Highlights

General
  • GDP growth rate estimated at 9.2% in 2006-07.
  • Manufacturing growth rate estimated at 11.3%.
  • Saving rate of 32.4%, investment rate of 33.8% will continue.
  • Tax as % of GDP at 11.4%
  • Gross domestic capital formation up 23%.
  • Fiscal deficit to be 3.7% in the current year and revenue deficit 2%.
  • Fiscal deficit for 2007-08 pegged at 3.3% of GDP and Revenue deficit at 1.5%.
  • Bank credit rate grew by 29% during first ten months of 2006-07.
  • E-Governance expenditure hiked to Rs.719 crore
  • Inflation during 2006-07 estimated at between 5.2 and 5.4% against 4.4% during the previous year.
  • Total expenditure during 2006-07 estimated at Rs.6,80,521 crore
  • Defence Budget hiked to Rs.96000 crore.
  • Overseas investment to be allowed by individuals via Mutual Funds.
  • Government to allow short selling by institutions.
  • Mutual Funds to be allowed to launch infrastructure funds.
  • PAN to be made sole identity for participants in the security markets to strengthen capital market.
  • Foreign exchange reserves stand at 180 billion dollars.
  • Tourism infrastructure to get an allocation of Rs 520 crore as against Rs 423 crore last year.
  • Northeastern region to get Rs 405 crore for highway development. Road-cum-rail project over Brahmaputra in Bogibil, Assam.
  • New industrial policy for the Northeast.
  • Technology Upgration Fund to be continued during the 11th Plan. Rs 911 crore to be provided for this
Direct Taxes
  • Personal income tax exemption limit raised to Rs 1,10000
  • Income Tax exemption limit to women hiked to Rs 1,45,000
  • Personal Tax exemption for senior citizens hiked to Rs 1,95,000
  • Deduction in respect of medical insurance under Section 80 (D) increased to Rs 15,000 for common person and Rs 20,000 for senior citizens.
  • No change in slab rates for income tax.
  • No change in corporate income tax.
  • Surcharge on Corporate income tax on companies below Rs 1 crore removed.
  • Scope of MAT widened to I-T companies.
  • 1% cess hiked to fund higher education.
  • ESOPs to be brought under FBT.
  • No change in Service Tax rate.
  • Service tax extended to commercial renters.
  • Service tax on Residents Welfare Associations whose members contribute more than Rs 3,000.
  • Technology biz incubators exempt from service tax.
  • Dividend distribution tax raised from 12.5 to 15 per cent.
  • Benefits of investment in venture capital funds confined to IT, bio-technology, nano-technology, seed research, dairy among some others.
  • Withdrawals by central and state governments exempted from Banking Cash Transaction Tax. The limit for individuals and HUF raised from Rs 25,000 to Rs 50,000.
  • Five year tax holiday for 2, 3, 4 star hotels and convention centres with a seating capacity of 3,000 in NCT of Delhi, Gurgaon, Ghaziabad, Faridabad and Noida for Commonwealth Games.
  • R&D tax concessions extended to private research bodies.
Indirect Taxes
  • Small scale industries excise duty exemption raised from Rs 1 crore to Rs 1.5 crore.
  • No change in general CENVAT rate.
  • National level Goods & services tax to be introduced from next fiscal year.
  • Central Sales Tax rate to be reduced from 4% to 3%.
  • Peak customs duty rate on non-agricultural items reduced from 12.5% to 10%.
  • All coking coal fully exempted from duty
  • Duties on seconds and defective reduced from 20% to 10%.
  • Customs duty on polyster to be reduced from 10% to 7.5 %.
  • Duty on lift irrigation, agricultural sprinklers and food processing equipment reduced from 7.5% to 5%.
  • Duty on sunflower oil to be reduced by 15%.
  • Duty on pet food reduced from 30% to 20%.
  • Duty reduced on watch dials and movements and umbrella parts from 12.5% to 5%.
  • Import duty of 15 specified machinery to be reduced from 7.5% to 5%.
  • 3% import duty to be levied on private importers of aircraft including helicopters.
  • Ad valorem duty on petrol and diesel to be brought down from 8% to 6%.
  • Export duty on iron ore and concentrate at the rate of Rs.300 per tonne.
    Export duty on Chromium proposed at Rs.2000 tonne.
  • Excise duty for plywood reduced from 16% to 8%.
  • Food mixes to be fully exempted from excise duty.
  • Bio-diesel to be fully exempted from excise duty.
  • Water purification devices, small and big, fully exempted from excise.
  • Specific rates of excise duty on cigarettes increased.
  • Excise duty on pan masala without tobacco as mouth freshners reduced from 66% to 45%.
  • Excise duty on cement reduced from Rs.400 per tonne to Rs.350 per tonne for cement bags sold at Rs.190 per bag at retail market. Those sold above Rs.190 to attract excise duty of Rs.600 per tonne.
Social Sector
  • Allocation on Healthcare to increase by 21.9 per cent.
  • Allocation for education to be enhanced by 34.2 per cent.
  • Allocation under Rajiv Gandhi Drinking Mission stepped up from Rs 4680 crore to Rs 5850 crore.
  • Annual target of 15 lakh houses under Bharat Nirman Programme to be exceeded.
  • Allocation for National Rural Health Mission stepped up from Rs 8207 crore to Rs 9947 crore.
  • Allocation for Integrated Child Development Scheme (ICDS) to be increased from Rs 4087 crore to Rs 4761 crore.
  • 130 more districts under National Rural Employment Guarantee Act (NREGA). Additional allocation of Rs.12,000 crore for it.
  • Rs 800 crore for Sampoorna Gram Rozgar Yojana in districts not covered by NREGA.
  • Swarna Jayanti Swarozgar Yojana allocation increased from Rs 250 crore to Rs 344 crore.
  • Allocation for schemes only for SCs and STs to be increased to Rs 3271 crore.
  • Allocation for SC/ST scholarships enhanced from Rs.440 crore to Rs.611 crore.
  • Rs 63 crore for share capital for National Minorities Development Finance Corporation following Sachar Committee recommendations.
  • To prevent high rate of school dropout, a National Means-cum-Merit scholarship to be implemented, with an allocation of Rs 6,000 per child.
  • Rs 1290 crore to be provided for elimination of polio.
  • Allocation for AIDS control programme to be raised to Rs 969 crore.
  • Computerisation of PDS and integrated computerisation programme for FCI.
  • Rs.22,282 crore allocated for women development.
  • Death and disability cover for rural landless families to be introduced, known as 'Aam Aadmi Bima Yojana'.
  • Health insurance cover for weavers to be enlarged to ancillary industries. Allocation increased from Rs 241 crore to Rs 321 crore.
  • The ceiling of loans for weaker sections under differential rate of interest scheme will be raised from Rs 6500 to Rs 15,000 and in housing loan from Rs 5000 to Rs 20,000.
  • Reverse mortgage scheme for senior citizens announced.
  • Rs. 73.24 billion allocated for mid-day meal scheme.
  • Two lakh more teachers to be employed and five lakh more classrooms to be constructed.
  • Government to provide 1 lakh jobs for physically disabled with a salary limit of Rs 25,000 a month
  • Backward Regions Grant Fund to be raised to Rs 5800 crore.
Agriculture
  • Growth of 4% to be achieved in agriculture sector.
  • No new forward contract to be launched on wheat and rice from 28 February 2007
  • Additional irrigation potential of 24 lakh hectares to be implemented, including nine lakh hectares under Accelerated Irrigation Benefit Programme.
  • Rs 2,25,000 crore farm credit proposed in the new budget. A target of additional 50 lakh farmers to be brought under farm credit.
  • Special Purpose Tea Fund to rejuvenate tea production.
  • Rs. 100 crore allocated for National Rainfed Area Authority.
  • One hundred per cent subsidy for small farmers and 50 per cent for other farmers for water recharging scheme.
  • National Agricultural Insurance Scheme to be continued for Kharif and Rabi this year.
  • Bonds worth Rs 5,000 crore to augment NABARD to be issued.

Railway Budget 2007-2008 India Highlights

Railway Minister Lalu Prasad Yadav has presented a populist and pro-poor Railway Budget for the year 2007 - 2008. He has announced a host of measures to benefit the common passenger. Railway Minister announced that Railways posted a profit of Rs 20,000 crores as against Rs 14,700 crores for the year 2006. Freight revenues and passenger revenues increased by 17 per cent and 14 per cent respectively, in April-December 2006.

Indian Railway Budget 2007 - 2008
  • AC 1st Class fares slashed by 6 percent in lean season and 3 percent in peak season.
  • Sleeper class fares slashed by four per cent.
  • Freight rates on diesel and petrol cut by five per cent each and that on iron ore by six per cent.
  • Wooden seats to be replaced by cushioned ones in ordinary class passenger trains from next fiscal.
  • 32 new trains, 8 garib raths planned.
  • Rs. 5,000 crore to be invested on Mumbai local rail service.
  • Work on Rs 3,000 freight corridor to begin this year
  • Unreserved compartments in new trains to be increased from four to six.
  • 800 more bogies to be introduced in existing trains
  • 50% fare concession offered for UPSC and other official examinees.
  • Special compartments to be designed for handicapped people to make rail travel easier for them.
  • Separate coach for vendors, milkmen and petty traders to be introduced in the passenger trains.
  • Women & senior citizens to get priority lower birth.
  • Number of berths to be increased from 72 to 84 in sleeper coaches.
  • 200 model station to be made by this year end.
  • Railway call centres to be set up from where ticket bookings and hotel bookings could be made.
  • Tickets to be sold at petrol pumps, ATM centres etc.
  • 6000 automatic ticket vending machines to be set up in next two years.
  • All metre gauge tracks to become broad gauge in 11th Five-Year Plan
  • Indian Railways to invest massively in container operations in next five years.
  • Railways to appoint SP grade officer in each zone to look into customer complaints.
  • Railways to appoint independent marketing agency to increase revenues.
  • Rail tracks to be electrified all over India.
  • New railway telephone enquiry number: 139
  • Rs 5,000 crore set apart for local trains.

First Job

After getting a call from Redington India Ltd, i always felt i will be posted in some cities.Like Pune or Delhi or Bangalore or Chennai or my home town Bhubaneswar. Never did i thought that i would be posted in Madhya Pradesh!!!

But now that i am her in MP and based out of Indore, i am starting to love this place, love the people and love the food. Indore is quite Mumbai like, mini-Mumbai. Mostly business class people live here. I should mention a few lines about the fairer sex here. Cool and trendy girls are to be seen all over Indore.

Business wise, the culture is good and friendlier. My job involves interacting with quite lot of dealers, resellers and distributors. Also travelling all over MP to make contacts and sell them my products i.e Wipro and PCS products. I have been to Jabalpur, Bhopal and Katni. I appreciate the warmth and friendliness people show even though it is a business meet. But it would take some time to bulid a good rappo with partners of business.

More details soon.

 

Mohan Kuruvilla: Sales Guru

Mr. Mohan Kuruvilla is the man who taught me B2B and Sales. One word to describe him "MIND-BLOWING" ....He can make the Sales Mgt class alive and make everybody glued n intrigued for hours without anyone losing attention! He has a very good experience and good hold of the subject. So armed with such knowledge, experience and tremendous wit he simply makes the class go crazy...His funny bihari accent and one story-one concept way of teaching is awesome. You need to attend one of his class to really believe what i am saying. I am really fortunate that he taught me.

These are some of his patented catch-phrases:

How to attack a competitor .One of the way was "Joote Bhiga Ke Mariye"

"Jabardast...." Kya Jabardast case study he!!

"Marketing is an Intoxicating subject"


"Ek baar maan lag jayega to itna aanand aata he, puchiye mat sir..Jabardast aanand aata he"

The guy who is asked to present case fatcs in his class. He keeps saying to him while he talks to class; "Aap kuch padh lijiye sir, aapko sochne ka mauka de rahe he!!"

"And then 3 question will come to his mind... which are these 3 questions?"
1. usne kahan se mba kiya hai?
2. Did he have a subject called Sales management?
3. Who taught him that?....

"Aur tab mat bolna ki maine aapko sales padhaya hai..."

"Anand aa gaya Sir..."

" CEO phone ghumaya usko aur khoob gali diya"
he came back to his room n do yiu know wat did he do? " sabse pehle ek black cofee piya, aur boss ko khoob gaali diya......

"Ek coffee bhi kick deti he"

"Ab sab kuch hum hi thodi na bolenge, kuch to aap log bhi bol dijiye na sir.......kuch bhi bol dijiye, aap jo bolenge sab sahi hoga "

"sir humko bhi sun lijiye na sir"

"Kelloggs / Frito-Lays bolke ek company thi.... abhi bhi hai!!!"

Last word:from IBA

So finally, in few days I would be out of this place. This place was my home for about two years now. June 2005 I joined IBA with hope and aspiration. I joined with lot of baggage. Friends of my grad days had lot of hope. Family had a lot of expectation. I myself had a point to prove. I don’t know how much I have lived up to. But one thing for sure, I am leaving this place behind with lot to think over and my hands full. I have learnt quite a bit of lesson and how to survive in life. And that I think is the most important learning.

MBA is not for the faint hearted. You need guts to survive relentless stress and competition. MBA is also not for someone who thinks it is the option left after graduation. It’s the next logical step. But it’s not.  MBA is not because your parents can afford it. MBA is not because big money is waiting you after passing out. MBA is not because MBAs fetch a big dowry in marriage circuit. I guess there is more to it. A lot of thinking and planning must go into before deciding to do an MBA. MBA degree arms with a power to take your career to a higher level. Just a cautionary word to winnable MBAs: Think and think and think. Why MBA? How will it benefit you in your career? What career is best for you? Where is your interest? What inspires you? Which industry you want to get it? Which area are you looking at? If you have answer to all these questions, then I am sure you will do better justice in MBA. Merely coming without any planning, because someone forced you to do MBA is utter waste.

Two years of MBA is a process of self-discovery and self-realization. MBA will teach you, which area you are good at and which area you are bad at. You will realize your strength and weakness. You will decide your goal and path to take. You will make your future and be prepared for it.  That is why; MBA is not limited to textbook study. Group work, assignments, presentations and case studies etc. all these teach you various facets of life and how to go about it. Peer evaluation, continuous evaluation keeps you always on your toes. CGPA takes the sleep out of your life for two years. All this with a purpose, that is, in real life everyday is a test. So better face a test everyday.

So now I go out of this campus armed with a new learning. I walked into this campus casual and going out now with a focus and plan.

Last few days have been quite unforgettable for me. The last trimester got over quickly than expected because of the Workshop format. Last few days we had lot of parties, get together. Basically last few days were used for bonding. Bonding that evolved over two years was taken to a different level in last few days of our stay. Almost, most of my batch mates are out of this campus. Many of them have started working. Some are likely to start soon. So officially all the seniors would be out of this campus by Jan 31st.

I have given account of all the companies that came in for placements over 3-4 months. The profile they offered and tentative dates they come in for campus. This would help juniors to get a feel of the whole process and prepare accordingly.

Wannable MBAs, who want some inside account of Life@IBA, just go through this whole thread. You will get a true picture of this place.

I am joining my Company on Feb 4th.Co is Redington India. Location of posting will be known later. My posts in this thread will be less from now on. I will only answer to some specific queries from now on. Hopefully, juniors will take on the responsibility and keep alive this thread.

My personal blog and website will be my sole interest from now on.

Do well…Good Luck…

Stalwarts of IBA's Faculty

I have been silent for many days now.. Life has been pretty hectic for some days now. Classes, quizzes, presentations and workshops. 6th trimester consisted of workshops. So no classroom lectures. I think it is the same class lecture but the difference is its duration. workshop means long lectures without any breaks! A typical workshop runs for atleast 12 hours! We had a Six Sigma workshop for 16 hours nonstop! SO having done with workshop, we are in a way done away with our MBA! Only some formalities are left. Dec 3oth was the last lecture for our MBA.
 
Fortunately, we zipped off our MBA classes with a person, i think is the best prof in India. Yeah. The class was B2B, which satrted at 2 and was over at 6.45. Earlier in the day, we had IT exam at 6AM. Branding Exam at 7 AM. Retaling workshop from 9AM to 1.30PM!!!Phew!!! But never did we feel tired or bored! Such is ability to generate enthu. He comes with lot of experience in B2B market. He is one such guy, who not only has a hands on experience on the field but also has an excellent theoretical knowledge. Jokes, analogy and anectodes told with a rustic and vernacular touch is a hallmark of his unimitable style. He explains a complex theory in such a lucid manner that i bet one would never forgets in his lifetime. He typically follow case study method of lectures. He is Mohan Kuruvilla. Guys if you dont get him as your lecture, then curse your luck.
 
One more Hasti, whom we had this trimester for branding. What ia like in him is excellent hold of theory. He simplify everything for you. He has excellent analogy to support his arguments. he can speak on any topic under the sun. Extremely advanced in his thinking. He keeps the class on its toes always. He is Harish Bijoor. i am fortunate that i learnt branding form him. We share lot of ideas btw!!!
 
One guy who holds a very senior level position in Wipro, is a serial gold medallist in IIT n IIM and still is so grounded. Ekdum levelheaded! Commeonsense and logic is his forte. He supports every statements that he make by a simple logic and commonsense. He is so learned. You name a comapny and he can speak on that company for hours together. He is an excellent case analyzer. What generates lot of excitement in his lectures is the indirect sarcastic comments and taunts that he makes. Dont you dare give a qualitative statement in his class. DO your home work and analyze data and interpret and go to his class. Awesome prof!
 
Last but not the least, he is the man who is most dreded in IBA. MBA in IBA is incomplete wothout him taking a session! I seriously doubt his subject knowledge(Though he has IIT IIM and lot of experience!), but i bet you learn so much from him just listening. How to think like MBA, how to speak like MBA and how to carry oneself like MBA. He will teach you everything. Logic and commonsense is what he tries to teach. He will make sure that one realises how much  one ignorant is. And thats one imporant lesson as an MBA. There is so much to learn and not feel complacent.
 
These people have challenged my thoughts and and given me lot of gyan. Guys dont miss out them...
 

Things I learnt at a B-School and things i didnt...

Things I learnt at a B-School and things i didnt...

Right now i am 5/6th of an MBA. One more trimester, boey i am an MBA!!! At the final juncture of my travel through an MBA School, i am bit sceptical, bit nostalgic and bit pensive. Having secured a offer i am relaxed. Nomore i care about CGPA! or attendance! Did i really care??? No. I never cared. I was always happy and content. I felt i always performed better than what i expected. Without much effort, i happily sailed through. That too top 30! Bluntly i will put it this way. If you want a decent CGPA here, you dont need to do anything. It will be a cake walk. Am i sounding bit too cocky??? But i felt this way myself. The quality and competition by my colleagues wasn't that tough. I wish i had tough colleagues! I hardly had a run for all the money i put in MBA. This is my point of view. There are others who feel, this two years were hardest part of their lives. Full of stress and pressure and competition. But i was never born that way. I take life easy.

My take-homes from this Bschool is developing a perspective. Ability to respect others for their views. It honed my way of thinking. i was amazed to see so many ways to look at a single thing.It taught me to have different persectives and have a groomed personality.

Second take-home would be, people wouldnt do anything, unless there is some interest. So one needs to identify that interest and set it as a goal and communicate that to them. people would be more than happy to work towards it.

Thirdly, putting a argument has to be bound with data. Without data, any argument look fake. Data supports your point or argument.

Fourthly, Logic. Yes, whatever one does has to have a logic. Before doing anything we need to ask WHY five times. When we are clear in our thinking as to why we are doing this, we have better understanding as to where we are going and we can better communicate.

Prioritizing things. At any point of time, inundated with assignments and projects to be submitted, the trick is to identify and prioritize things to do. One can do everything bery well but something very well.

Lastly, taking responsibility. We are responsible for what we do. We cant blame anyone. Its all ours.

There are other learnings, which i when reminded would jot down here.

What are the things that i didnt learn??

Brevity. Someone said "Brevity is the soul of wit". Real world has no time. When one presents anything to a client or a customer, these guys dont have time. There we need to sell ourselves within seconds. Dynamic environment today demands that one is precise and succint. But through out the course we kept giving more than 20 pages write-ups and more than 50 slides PPTs! Exams always were lenghty and testing the memorizing aspects not the ability to execute any learning from the book.

People skills. People here are at the same wavelength like us. More or less. Dealing with this crowd is easier. How about real life situation, when your customers are uneducated? Some how we dont know how to communicate and respect their point of view.

Ability to execute. We learnt all the concepts and theories but how to implement and execute. No matter how much one plan or clear about concepts, the ability to execute something is vastly different. It needs nothing but experience and can never be practised in a Bschool.

Moreover, B-school teaches you one bad thing. And that is EGO. An MBA i dont why, feels he knows everything, He feels he can deal with anyone. It this cockiness and complacency that sometimes becomes his own adversary. I will try my label best to remain grounded!!!


NB: Although many ideas are my own, I got inspired a lot by reading a write-up by,The senior vice president, sales and marketing, Prudential ICICI AMC Ltd. He also graduated from the Indian Institute of Management, Bangalore

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