GD PI experience of MBE and MFC of Delhi school of economics
==================================================UDDALAK BANERJEE
Delhi School of Economics is one such college which boasts of the least amount of fees which was nearly 24 k for entire 2 years and that provided placement of 7.6 lpa on an average.The ROI was really huge . Besides Delhi University is a brand in itself of which people die for .The GD and PI of MBE and MFC programs were combined . At first we were seated in a big room where documents were verified and then we were distributed in groups.My group number was 2 and i had to wait for my chance to come.But it was not a long wait. Soon the group number 1 finished their gd and came back to the room and we were escorted to the GD room.
THe topic for the GD was “India needs more IITs than IIMs”. There were about 12 members in the gd group. I introduced the topic and spoke for about 70 seconds. I said,” IITs are the technical institutes which provide the fundamentals of working,construction and design of mechanical,electrical,computer science oriented subjects which are the ones that are used today . Even a Hr uses tools which are driven by computer science, incase of MIS we have the data manipulated and provided to us in a structured form through which the analyst draws conclusions. THe technical aspect of life needs to be known before the managerial aspects,for managerial aspects can come to you by prolonged experience after having worked 10 years in the industry usually people even without a management degree become potent enough to manage a team .Besides even statistically if we analyse the condition of india we will find that the number of people who appear in class xii board exam is far far far more than the number of people who appear for graduation which is mainly due to the high dropout rate.So both from the statistical and practical sense it makes perfect sense to have more IITs than IIMs. ”
The debate then continued round and round. Many people came up with points like IIMs have lesser seats as compared to IITs and the packages in IIM s are more than IITs so this proves that we need more managers . Some came up with point that India is suffering from mismanagement of resources and would be immensely benefitted if they had more quality managers.I spoke once more towards the end, i said then that ,” It is not that the iims alone produce managers there are many other institutes who provide it. Even IITs provide the country with lots of managers and the cutoff too is as high as 99 percentile and given the infrastructure of iits they can also provide the country with more managers . So setting up the IITs would definately help the dual cause of creating more technicians and managers.”. The group accepted the point and hence i was asked to conclude too. I concluded that “ majority of the group believes that IITs are more important than IIMs at this juncture of growth of our country where infra development is of paramount importance. Besides IITs themselves are providing the country with very elite managers who too are doing equally well as the IIMs.”
The interview questions of MFC and MBE were different. First came MFC.
MFC interview questions
In the MFC interview there were 2 interviewers.
interviewer1,”what is MFC?”
I said,” it is managing of financing for businesses.”
Interviewer2,” how does the stock market work?”
I said,” i dont know in details But as far as i know . Stock prices are dependent on many parameters public sentiment being one of them . If the public believes that the company on a given day is doing well then its prices go higher and if it feels that the company is doomed as was the case with satyam in the aftermath of the scam then the prices of shares crash .There are two stock exchanges NIFTY and BSE. These are just indicators of financial health of the country”
Interviewer 1,” NO but how does it work actually ?”
I said,” the buyer contacts the registered agent who fills the KYC and submits to the exchange. The registered agent then guides the buyer to buy certain number of shares of any company. Which again can be of various types it can be futures,contracts based on what time they would be withdrawn and their dependability on the market.There are bonds too which usually are considered safer.Everyday the buying and selling of shares take place and based on these transactions the market shows signs of growth or fall”
Interviewer 2,” your idea of shares are not that deep . You need to understand the entry points and cash policies more. What u gave us is more of an overview.”
Interviewer 1,” you have a cat score of 99.12 . what other calls do you have ?”
I said,” XLRI, 6 IIM s , MDI,XIMB ,Scmhrd all IITs....”
Interviewer 2,”why MFC?”
I said,” it is an esteemed college and has a very high ROI and at this point i have only got calls it is not converts. So there is a gap between calls and converts.”
Interviewer1,” ok fine you may go now. You have MBE interview too? wait outside they would call you soon.”
I said,” ok sir”
MBE interview
This interview had 3 interviewers all were woman of middle age.
interviewer 1,” you believe in astronomy?”
I said,” why mam?”
Interviewer 2,”no your name seems similar to astronomers”
I said,” i would like to take it as a compliment but as such it is mythological name and deals with early part of mahabharata. “
Interviewer 3,” what are your hobbie?”
I said,” writing shortstories,poems “
Interviewer 2,”Dont you think poets are bad managers?”
i said,” No Mam i would beg to differ on that . On the contrary they are good managers. Because they play with words to create poems. So management of words is there as you have to search out the most apt word for the statements and also make it to rhyme.So management is there in every word and statement. Besides they provide satisfaction ,spikes interest and provides relief . This again helps and acts as a addon for all managers.”
Interviewer 3,” you read news?”
i said,” yes”
Interviewer 1,”what was the euro crisis all about?”
I said,” it started from mis appropriation of national resources of greece at a time when the biggest economies of the world were shrinking due to large scale scams . The life style of greece played its part and so did Germanys emergence as the defacto player of euro.THe trade imbalance that was created due to superior goods of Germany occupying the common market of Euro country greece was inevitable as the lavish life style of people of greece and their inclination to spend more and more and buy german articles pushed them towards a point of trade imbalance triggering the crisis. The financial system of the country got broken after a series of scams and bankruptcy of most of its leading banks.”
interviewer 1,” what is credit swap?”
I said,” it is taking credit by giving mortgage of property. This is something that led to fall of lehman brothers and started the recession of 2008-09. As the property held in mortgage turned out as bad loan as the housing prices dipped leading to large scale apprehensions and mistrust which led to fall of the stock markets across Europe and USA.”
Interviewer 2,” why was india not impacted?”
I said,” because india had a rigid system of giving loans. IT is based on documentation and is thoroughly regulated by RBI from time to time through various measures. Money in circulation is entirely regulated by the Central Bank.”
Interviewer 2,” how does rbi regulate the flow of money?”
I said,” thorough varying of interest rates of CRR, SLR,Bank Rate etc.”
Interviewer 3,” you are a computer science engineer from a National Institute of Technology.Your profile too is decent. Wont this be a separate field?”
I said,” Computer science applications are there for MBE too. Now a days everything is dependent on computers. Besides during my experience with Birlasoft i have learnt that in life one needs to be multidimensional to grow. MBE would provide me with the requisit diversity”
Interviewer2,” your cat percentile is 99.12 . you have given any other exam?”
I said,”yes Xat, snap,nmat,cmat , gmat .”
Interviewer 1,” how did u do in them?”
I said,” gmat i got 700 out of 800 which makes me qualified for seeking admission to all IIMs , in nmat it was 99.98 percentile which makes me eligible for nursee monjee , in snap i secured calls for schmrd,siib etc, in XAT i have calls for both programs of XLRI BM and HRM with near 99 percentile. Cmat results are not yet out. But for AIMat i have 99.56 . “
Interviewer 1,” thats impressive”
I said,”thanks”
Interviewer 2,” so you have left out Gate?”
I said,” it doesnot suit my tastes. May be someday i would do it too (smile)”
interviewer 3,” ok that would be all. It was nice talking to you. I think u are through with MFC interview too.So i think it will be all for the day for you. ”
I said,” ok thanks mam”
RESULT : CONVERT IN BOTH MFC AND MBE
=================================================================
==================================================UDDALAK BANERJEE
Delhi School of Economics is one such college which boasts of the least amount of fees which was nearly 24 k for entire 2 years and that provided placement of 7.6 lpa on an average.The ROI was really huge . Besides Delhi University is a brand in itself of which people die for .The GD and PI of MBE and MFC programs were combined . At first we were seated in a big room where documents were verified and then we were distributed in groups.My group number was 2 and i had to wait for my chance to come.But it was not a long wait. Soon the group number 1 finished their gd and came back to the room and we were escorted to the GD room.
THe topic for the GD was “India needs more IITs than IIMs”. There were about 12 members in the gd group. I introduced the topic and spoke for about 70 seconds. I said,” IITs are the technical institutes which provide the fundamentals of working,construction and design of mechanical,electrical,computer science oriented subjects which are the ones that are used today . Even a Hr uses tools which are driven by computer science, incase of MIS we have the data manipulated and provided to us in a structured form through which the analyst draws conclusions. THe technical aspect of life needs to be known before the managerial aspects,for managerial aspects can come to you by prolonged experience after having worked 10 years in the industry usually people even without a management degree become potent enough to manage a team .Besides even statistically if we analyse the condition of india we will find that the number of people who appear in class xii board exam is far far far more than the number of people who appear for graduation which is mainly due to the high dropout rate.So both from the statistical and practical sense it makes perfect sense to have more IITs than IIMs. ”
The debate then continued round and round. Many people came up with points like IIMs have lesser seats as compared to IITs and the packages in IIM s are more than IITs so this proves that we need more managers . Some came up with point that India is suffering from mismanagement of resources and would be immensely benefitted if they had more quality managers.I spoke once more towards the end, i said then that ,” It is not that the iims alone produce managers there are many other institutes who provide it. Even IITs provide the country with lots of managers and the cutoff too is as high as 99 percentile and given the infrastructure of iits they can also provide the country with more managers . So setting up the IITs would definately help the dual cause of creating more technicians and managers.”. The group accepted the point and hence i was asked to conclude too. I concluded that “ majority of the group believes that IITs are more important than IIMs at this juncture of growth of our country where infra development is of paramount importance. Besides IITs themselves are providing the country with very elite managers who too are doing equally well as the IIMs.”
The interview questions of MFC and MBE were different. First came MFC.
MFC interview questions
In the MFC interview there were 2 interviewers.
interviewer1,”what is MFC?”
I said,” it is managing of financing for businesses.”
Interviewer2,” how does the stock market work?”
I said,” i dont know in details But as far as i know . Stock prices are dependent on many parameters public sentiment being one of them . If the public believes that the company on a given day is doing well then its prices go higher and if it feels that the company is doomed as was the case with satyam in the aftermath of the scam then the prices of shares crash .There are two stock exchanges NIFTY and BSE. These are just indicators of financial health of the country”
Interviewer 1,” NO but how does it work actually ?”
I said,” the buyer contacts the registered agent who fills the KYC and submits to the exchange. The registered agent then guides the buyer to buy certain number of shares of any company. Which again can be of various types it can be futures,contracts based on what time they would be withdrawn and their dependability on the market.There are bonds too which usually are considered safer.Everyday the buying and selling of shares take place and based on these transactions the market shows signs of growth or fall”
Interviewer 2,” your idea of shares are not that deep . You need to understand the entry points and cash policies more. What u gave us is more of an overview.”
Interviewer 1,” you have a cat score of 99.12 . what other calls do you have ?”
I said,” XLRI, 6 IIM s , MDI,XIMB ,Scmhrd all IITs....”
Interviewer 2,”why MFC?”
I said,” it is an esteemed college and has a very high ROI and at this point i have only got calls it is not converts. So there is a gap between calls and converts.”
Interviewer1,” ok fine you may go now. You have MBE interview too? wait outside they would call you soon.”
I said,” ok sir”
MBE interview
This interview had 3 interviewers all were woman of middle age.
interviewer 1,” you believe in astronomy?”
I said,” why mam?”
Interviewer 2,”no your name seems similar to astronomers”
I said,” i would like to take it as a compliment but as such it is mythological name and deals with early part of mahabharata. “
Interviewer 3,” what are your hobbie?”
I said,” writing shortstories,poems “
Interviewer 2,”Dont you think poets are bad managers?”
i said,” No Mam i would beg to differ on that . On the contrary they are good managers. Because they play with words to create poems. So management of words is there as you have to search out the most apt word for the statements and also make it to rhyme.So management is there in every word and statement. Besides they provide satisfaction ,spikes interest and provides relief . This again helps and acts as a addon for all managers.”
Interviewer 3,” you read news?”
i said,” yes”
Interviewer 1,”what was the euro crisis all about?”
I said,” it started from mis appropriation of national resources of greece at a time when the biggest economies of the world were shrinking due to large scale scams . The life style of greece played its part and so did Germanys emergence as the defacto player of euro.THe trade imbalance that was created due to superior goods of Germany occupying the common market of Euro country greece was inevitable as the lavish life style of people of greece and their inclination to spend more and more and buy german articles pushed them towards a point of trade imbalance triggering the crisis. The financial system of the country got broken after a series of scams and bankruptcy of most of its leading banks.”
interviewer 1,” what is credit swap?”
I said,” it is taking credit by giving mortgage of property. This is something that led to fall of lehman brothers and started the recession of 2008-09. As the property held in mortgage turned out as bad loan as the housing prices dipped leading to large scale apprehensions and mistrust which led to fall of the stock markets across Europe and USA.”
Interviewer 2,” why was india not impacted?”
I said,” because india had a rigid system of giving loans. IT is based on documentation and is thoroughly regulated by RBI from time to time through various measures. Money in circulation is entirely regulated by the Central Bank.”
Interviewer 2,” how does rbi regulate the flow of money?”
I said,” thorough varying of interest rates of CRR, SLR,Bank Rate etc.”
Interviewer 3,” you are a computer science engineer from a National Institute of Technology.Your profile too is decent. Wont this be a separate field?”
I said,” Computer science applications are there for MBE too. Now a days everything is dependent on computers. Besides during my experience with Birlasoft i have learnt that in life one needs to be multidimensional to grow. MBE would provide me with the requisit diversity”
Interviewer2,” your cat percentile is 99.12 . you have given any other exam?”
I said,”yes Xat, snap,nmat,cmat , gmat .”
Interviewer 1,” how did u do in them?”
I said,” gmat i got 700 out of 800 which makes me qualified for seeking admission to all IIMs , in nmat it was 99.98 percentile which makes me eligible for nursee monjee , in snap i secured calls for schmrd,siib etc, in XAT i have calls for both programs of XLRI BM and HRM with near 99 percentile. Cmat results are not yet out. But for AIMat i have 99.56 . “
Interviewer 1,” thats impressive”
I said,”thanks”
Interviewer 2,” so you have left out Gate?”
I said,” it doesnot suit my tastes. May be someday i would do it too (smile)”
interviewer 3,” ok that would be all. It was nice talking to you. I think u are through with MFC interview too.So i think it will be all for the day for you. ”
I said,” ok thanks mam”
RESULT : CONVERT IN BOTH MFC AND MBE
=================================================================
No comments:
Post a Comment