Venue - M Block(room M14)
Date - 31/03/06-0900 hours
Panel - P1(bearded,long hair,smoked a lot,spoke accentless english...the BBC types and looked like...well, will come to that later) and P2 (youngish, light accent, sardonic grin always in place).
GD - Case study abt director of edu insti wondering who among 2 profs is to be the next Dean. P2 gave the instructions.1) 10 min to digest caselet contents2) 15 min to discuss - No fish3) 10 min to summarise. Summary and not your viewpoint.4) No sms lingo in summary. Should has 6 letters.5) No bullet points. This is no ppt.6) Keep the parapharnalia(files) down unless you wanna refer to them in the GD.
GD started with 2 ppl starting together and keeping at it.In the first min we had a mild fish in hand.P1 who was watching stepped in to warn we were not listening to each other. Duely chastened we settled in for a decent GD. Towards the end, P2 stepped in to ask-"so what should the prof do?" Group guided itself to a solution. Put in decent participation. Coming in whenever I wanted. Thecky though was the star.
Summary went off w/o any major incident though my handwriting was illegible to say the least.
Came out and chatted with Thecky and Opiate. Had rasna and hogged krackjack offered.
Was the only non engineer in group of 6. 3 ppl with workex of more than 18 months each.
PI - Third in order and went in after Thecky. Thecky and the guy b4 him came out mouthing the word "stress" I am B(bakra).
P2- Why MBA?
B - Current job description. How MBA will help me get exposure/expertise to achieve my future goal.
P2- You have said ur goal is to b the CFO of an Indian MNC. Care to explain Indian MNC.
B - Flashback as to Indian MNC.Also agreed it is very difficult these days to categorise any company wrt any country.
P2- Name any Indian MNC. Infy?
B - As of now, Yes.
P2- Think you can make a difference in Infy?
B - No. Reason - Infy already has its share of CAs, Engineers and MBAs,. Difficult for me to distinguish myself.
P2- Where do you think you can make a difference...KVIC..which is actually bigger than Infy?
B - Can achieve what I want, in a new company ...also in manufacturing company. Some gyan here.
P1 steps in here
P1- Whats unique abt Infy's accounting? They have many firsts to their credit.
B - Have not studied their accounting practices, but is it human resource accounting.
P1- Nope
B - First company to report in US Gaap.
P1- Any other firsts?
B - Dunno
P1- They were the first to go in for quarterly results/disclosure. Is it required under US Gaap.
B - Dunno. But required under SEBI norms.
P1- How many standards under US Gaap.
B - Dunno.
P1- With your goal, u r supposed to know.
B - Yes, but I have no exposure to it.
P2-How many Indian companies complying with US Gaap?
B -Depends on the number of Indian companies that are lsited in the US.
P2-Gimme a number.
B -20-30. But I am guessing here.
P1- Who is the CFO of Infy.
B - Mr.Mohandas Pai.
P1- He is well appreciated, isnt he?
B - Yes, was featured in the latest edition of Business Today as one of the most admired CFOs.
P1- What is Balance sheet.
B - Told
P1- Asset?
B - Told
P1- Liability?
B - Told
P1- Opportunity Cost?
B - Replied with example
P1- Another example?
B - Told.
P1- So where is Bakhra Nangal?
B - Punjab,on Satluj.
P1- Any other speciality?
B - Nehru called it one of the temples of modern India (dunno from where I got that)
P2- He referred to industries, didnt he?
B - Referred to dams and industries.
P1- Any other speciality?
B - Built with russian help.
P1- What abt Bokaro plant?
B - Also built with russian help.
P1- Capital of Turkmenistan.
B - Ashkabad (mispronounced it terribly)
P1- Wrong.
B - Okie
P2- Any 3 states in American midwest?
B - Havent been there..guessing...Milwaukee, Nevada.
P2- Nevada?
B - Guessing.
P2- Any city in Nevada?
B - Las Vegas
P1- What is privatisation?
B - Told
P1- What is divestment?
B - Told
P1- So what is the difference between privatisation and macroeconomic stabilisation??
B - Started off with privatisation.
P1- So, is privatisation = divestment?
B - Nope, divestment is a part of privatisation. Illustrated with examples of Modern Food, Balco and arbit.
P1- What was the consideration in case of Modern food?
B - Dunno.
P1- Dont you think divestment is just a ruse of the govt. to bridge the fiscal deficit?
B - Yes, It has been referred to as selling of the country's silverware.
P2-What kinda books do u read?
B -No specific likes. Recent reads include - Freakonomics, Straight from the gut, Snapshots from Hell, an Economics textbook etc.
P1- First time you taking cat?
B - Nope
P1- So is it secod, third, fourth...
B - Second.
P1- Why?
B - Work pressure. Come in at 8am and get out by 10pm.
P2- You wud be a disaster in HR.
B - Grin.
P2- Do you think it is ok to work so hard.
B - No issue at this age. Get to learn a lot.
P1- Your refrees seem to have written a lot abt you in the weaknesses.
P1- Reads out stuff all of which points to my habit of overworking/overloading.
P1 and P2 look at each other
P2- Okie thats it.
B - Sir(to P1), can i ask a question?
P2- Yes?
B - Are you Sam Pitroda by any chance. Asking as there are bets outside that you are him.
P2- Nope.
P2 and P1 grin.
B - Thanks for the oppurtunity stumble out.
Verdict - Honestly, no idea. At the end of it all, I came out feeling good which is surprising, given the number of "dunnos".
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or random ramblings of a superbly deranged mind ...
2 comments:
Yaar that's a tough one... For accounting questions it's okay as that's ur background... But for questions like American states, cities in Nevada, Bokaro and infy account practices - that's terrible... Had u anticipated these questions... Or u were just aware of them?? Anyways all the best for career.
Hi Bhushan,
Was it a tough one? Actually no. I found the A PI a lot toughr. Reasons being that
1)I was quizzed on my post grad subjects - somnething I was not ready for.
2) Could not answer the variance Q. That dented my confidence.
In the B PI, I did not face any such problem.
Thanks for stopping by and commenting.
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