Wednesday, June 17, 2009

Indian MBA

WHY MBA?
What people must understand is that MBA is not end in itself; it is just one of the several
available ways to be successful. Relating MBA and success is one of the oft repeated
mistakes that people make. Supposing that a person has been staying inside a closed
room for a long time thinking that is all what he needs in his life, then an MBA 'might’
open a lot of windows in that room and show him beautiful and distant landscapes which
he never thought existed and there is a 'chance' that he might like those. That’s it about
MBA - nothing more nothing less.
In India, I think there is too much hype surrounding an MBA from a good institute. We
Indians, as a people, have a tendency to sensationalize anything and everything☺.

CONFUSION IN THE MIND OF A TECHNICAL WORKING PERSON
BEFORE OPTING FOR AN MBA:

Should I take an MBA compromising a good job in a good company?? This is a question
that haunts most of the techies and also the fact that you will be studying with lots of nonengineering
graduates and some may feel bad about it. But one should not worry about it.
After all diversity is the spice of life and one should be prepared to embrace change.
Anyways, say after 10-12 years experience, one will be doing managerial job mainly.
And further, if a person is so interested in technical stuff, no harm, he can as well take up
techno management as a career.
But, if you are a serious stud in your job, then think twice before taking a plunge into an
MBA...


CAT( COMMON ADMISSION TEST) AND PREPARATION STYLE
REQUIRED :
It is arguably the toughest exam in the world just because of the sheer competition. They
say getting into IIM Bangalore is ten times tougher than getting into a Harvard.
CAT is a test that tests one's temperament as much as it tests one's capability. As they say,
only thing that is constant with CAT is its unpredictability. I can tell you, if you go into
the CAT exam hall with an attitude that CAT has to be cracked at any cost this year, then
8 out of 10 times, you will do miserably.
Go with a clear mind always. Enjoy life. Soak in the atmosphere and write coolly.. If the
paper pattern and level of difficulty is very tough for you, stay composed as it would be
tough for the remaining 2.5 lakhs people as well.
There are three sections in it:
1) Quantitative aptitude
2) Data interpretation and logical reasoning
3) Reading comprehension and Verbal ability
It normally happens on the third Sunday of November though this year it is told that it
will happen in a window of ten days in November and the format is going to change from
paper-pencil to online format. Again I am not going to dwell too much into this change in
format as ultimately it is the temperament and knowledge that matters not the format. Of
course you have to take adequate practice in that format but that you will anyways do.
Start your preparation somewhere in may and do prepare religiously daily for 2-3 hours.
Start with coaching institute study materials that you can get from your friends or you
may as well register with any coaching institute for classroom course or correspondence
course. Some might find the classroom courses very useful as they might get extra
attention. But if you are really good in math and English, I would advise you not to go as
it is not really needed. You can as well prepare from home with the materials and you
will have enough time. Read newspapers and anything and everything you can lay your
hands on in your free time.
Though classes are not necessary, do register for all India mock cat test series by
different institutes. The reason I emphasize this is, there is no point sitting separately and
preparing without knowing where you are standing among the other preparers all over
India. These tests will give you all India percentile scores similar to CAT.
Take these tests every week and analyze your performance. See how you could have got
more marks. Since CAT has negative marks, it is not necessary to answer all the
questions, you have to choose the correct set of questions and answer them alone. This
picking of easy questions amidst the exam tension is what is tough and that is where your
coolness comes into the picture.


A friend of yours who does much better than you is helpful because you can get to know
many shortcuts from him and a healthy competition between you both helps.


GOOD INSTITUTES IN INDIA AND EXAMS ONE HAS TO WRITE FOR
THEM:

IIMs - CAT
FMS Delhi- FMS
XLRI Jamshedpur- XAT
IIFT Delhi- IIFT
SP Jain mumbai- CAT/XAT
MDI Gurgaon – CAT
IIT Bombay- JMET
JBIMS Bombay - CET
IMT Ghaziabad- CAT
SIBM, Pune - SNAP

GLIM, Chennai – CAT/GMAT – 1 year MBA
ISB, Hyderabad– GMAT – 1 year MBA


If one prepares for CAT, it will suffice for other exams except for slight tweak in strategy
for individual exams.

GROUP DISCUSSION/PERSONAL INTERVIEWS:
Once CAT results come out, you will get calls from the IIMs if you satisfy their criteria
in terms of percentiles in the individual sections and also the overall percentile. Mostly
IIMs have very high cut offs marks.
Other than that, you can apply to other institutes under CAT separately by buying their
admission forms. You can also write other management entrance exams like XAT, FMS,
IIFT, JMET and SNAP.

After getting calls from institutes, your competition in terms of quantity will become less
but in terms of quality it will be become really high. You will be competing with the best
in the country. You will find fresher from IITs with math Olympiad medals and another
team leader from a big company who might actually look as imposing as your boss. So
you will soon realize excelling in CAT is not the end, it is just the beginning of a tougher
road.

Don’t get overawed by the competition. Have confidence in yourself. Participate in many
mock GDs and PIs that the coaching institutes conduct. This will give you a simulated
experience and also an opportunity to have a GD with people who you might actually see
in the actual GD.

Try reading newspapers and magazines daily from your cat preparation days onwards. It
serves the dual purposes of helping you increase your vocabulary and increase your
reading speed. It will also make you aware of the happenings around the world which is
so essential in an interview where in the professors may come out with questions about
anything happening anywhere in the world.

Try to present a true picture of yourself during group discussion and personal interviews,
do not lie in the interviews, professors are the smartest creatures on earth and they will
easily find out. Find out your strengths and weaknesses. And most important of all, try to
ask yourself why you want to an MBA? This is a question that is asked all the time
because they want to know your intention behind doing an MBA. Prepare this question
nicely.

This whole MBA thing is like a Pandora’s Box, you never know what comes out of it. Be
ready to take whatever comes out. If it clicks, fine. If does not, don’t worry. You have a
good job and probably you will be much more successful in your present career than your
post MBA one. So just chill and enjoy life.. :)

Useful websites:
www.tenaday.co.in - A website in which u get 10 questions daily in each of the sections
and you can get your national percentile at the end of every test.
Website maintained by IIM alumni.
http://commonadmissiontest.blogspot.com/
http://coffeewithsundar.com/
http://www.pagalguy.com/

FAQS:
Can I make it to the premier B schools? Do I have it in me?
Absolutely yes! We all have it in us seriously. We see people in every
batch who are absolutely out of the world but rarely work hard towards anything. You
would see that many people, who got into the premier B schools, are very normal people
who made it just out of hard work.

Should I put on experience of 2 years before an MBA?
Not necessary though it is ideal to do at that level of experience because there are many
uncertainties once you join a workplace. The job might be very hectic and you might be
sent onsite leaving you with minimum time to prepare. So start giving CAT during your
final year itself. The fact that 7th semester is generally the most idle semester in most colleges should help.

Is flowery language necessary to get through GD and PI?
Just a myth. Not at all required. Professors hate false accent and other ‘peter’ stuff. They
want you to speak sense in simple language that is all. In fact, this is what is needed in
your post MBA career as well. So people, who have this inhibition that his /her English is
not too great, please forget about it. This is never a hindrance.

Hobbies. Are they necessary?
Yes. They are extremely important. You must show that you are a well rounded multifaceted
personality. Try to involve yourself in various activities inside and outside your college.
Having a very unique hobby helps in the interviews.

Core Subjects. Is it important to be strong in those? Would I be asked questions on it even though it is an MBA interview?
Definitely, one needs to be really strong in the subjects. Because the professors want you
to be strong in your core under-graduation. They hate people who give explanations like
“I took ECE out of compulsion and I never liked it. I was basically a management
oriented guy and those skills came to the fore when I headed my college’s cultural fest”☺
Have a basic knowledge about all the subjects and have a couple of them as your
favorites. Some professors are absolutely crazy, they will ask crazy questions from the
craziest of subjects. So all said and done, you can only have your fingers crossed
regarding the level of questions.

To conclude I would say, this six months exercise should not be viewed with a sole aim
of getting into the premier institutes and your life should not come crashing down in case
you miss out on a seat. Remember in this attempt, even the best fail and the most
undeserving get in. People will get a taste of the cut throat competition that exists in
India and suddenly all the essays that we wrote about population causing a real strain on
the resources become so evident. ☺ .
Nothing is guaranteed except the fact that you will come out as a more complete
individual with your personality enhanced and you will find yourself to be a well
informed person with lots of skills acquired along the way. You have nothing to lose, just
give it a try in case interested. ☺
**ALL THE BEST**

1 comment:

  1. Machan.. Thanks for your effort to put all these things.. Really nice and useful..

    ReplyDelete