Institute Experience:
The first thing that stuck me on entering the Campus of ISB was the way the security spoke to me.He spoke very good english, with a smile and once my name was checked with his list, wished me all the best for the interview also.Its not always that one gets to see such courteous behavior from a security guard.Once I entered the campus, I was impressed by the landscaping and maintenance.The main building is also really good architecture wise. As I was nearly 2 hrs early, took the chance to go around the college. I could see that the insti was run like a company only.I ve not visited many B Schools, so I cannot compare it with any other place as of now.One more thing was the library(learning resource center they call it).It was massive and 3 floors.The books published by the faculty only filled one full row :) I killed some 1 hr there before going towards the interview hall.
Interview Experience:
I perceived that my interview went quite well.Its another fact that in my case there is usually a large gap between Perception and reality ;-) ..It was more on the lines of a conversation than an interview.There was an one page essay on the word 'MAD' first.I wrote some cock and bull story there.Then the interview.There were three males in the interview panel.One was mid 40s, most probably an external panel member ,one more was a college staff and the other was a current student(called chotu with affection among puys).The questions were as follows:
1) How did u market toast masters in ur organization.(I had claimed so in the essay)? We painted many chart based posters and stuck them at key places.Sent mails regularly to the office groups and also tried to deviate from the general pattern of toastmasters so as to make it more fun so that more people volunteer.
Why do you have to market such a club in the first place? if it is good people will join is'nt it?
Even though it is good, there is always a need to publicise the advantages.Because lot of people might not know about the existence of such a club.Even if they know they might not know about the benefits of such a club.Hence the need to market it.
If it is such a good forum why not the company sponsor everyone to the forum?Did you approach the company?
There is a entity called Employee club that handles such requests. But they are cash strapped and do not have such powers.Its more like the chicken and egg problem.If we get more people, maybe we can put forth such a request and again if get such a request granted, we might have more people participating the activites of the club. One more problem is quantitatively linking the improvement in job performance to the club activities. Being a communication and leadership promotion forum, membership is mainly for personality development.For example there might be several other factors that influence a person's productivity at workplace.Hence it is difficult to convince the company on these lines. And the last major factor is that, Oracle does not usually give any freebies. In many services organizations, things like oracle certification are offered for free. But in our organization, despite we being Oracle, there is not such policy. Permissions for free certifications are given a token of appreciation for achieving some target.Hence it is even more difficult in my organization.
2) Post MBA goals.. Current job role..
I am at present working as a Technical consultant in ERP domain.I want to move into a more function role immediately after my MBA and gradually to the role of a Functional Solution Architect. I explained how projects work and what are the roles that are there usually and pinpointed where I want to be.And also why I feel the need for an MBA( to get a grasp of the fundamental business functions) by stating pertinent examples from my work exp.
Is MBA degree the only way to reach where you want to.
I ve talked to people in my organization who are at present in such roles.I found that there are 2 other ways.One way to gain function expertise by working in a business for some time.The second way is to gradually shift from the technical to the functional role.
Why not the second way?
It will take a lot of time(3-4 years) plus there may be some blind spots where I am blank.
3) So thats why you want be @ ISB. Just to save a few years.
I explained that Other than the regular reasons like rankings/prof profiles/placements/ 1 year course etc. I had a personal reason to join ISB. It is the peer grp. Growing up in a small town did not have have exposure as to what actually happens in premier institutes like IITs. When I joined college only I came to know the actual gap between such premier instis and normal ones. Whatever ideas we sit and mull over for a long time, students at such colleges take it up and execute it with east. I aspired to be amongst such a peer group atleast in my PG. For example I was talking to a guy who was interviewed by the other panel. He has started and is managing his own social networking site after working with ITC for 8 years. I learnt a lot of things and got new perspectives even in my short 10 min chat. I think what all I could gain from such varied group of individuals over a period of 1 year. Plus the contact I develop in this 1 year among my current batch and also with alumni will help me throughout my life.
4) Tell me three things that you plan to gain from the MBA which would take you towards your career goal.
1-> Basic understanding of how business work
2-> Good communication skills
3 -> Good convincing/marketing skills
Explained all these 3 points.
5)What industries or markets u follow?
None in specific. I just follow the current business trends and news on the papers and magazines.
6) What is the current business trend?
Currently the world economy is in recessionary mode.Reason is misallocation of resources over a relatively long period of time. All orgs are cutting costs/ shedding employees/ going slow on expansion plans etc. Stock markets also are plumetting.
7) What happens when stock proces go down?How does it affect a company
It does not affect the day to day operations anyways.
What about valuation of companies?? They come down is'tn it?
That affect the shareholders/promoters, not the company by itself in most cases except when these is sustained fall. I feel that the stock prices are more an indicator of the people's perception of how a company is performing rather than the actual performance. This is why we have seen that the stock prices fall even based on some bad rumors.
Consider SATYAM's case.. It was trading @ 130s then suddenly dropped to 10 now going @ 30-40.. How will it affect satyam?
It will affect satyam in 3 ways:
1-->Customer trust might be lost as they fear the company may go bust
2-->Investor confidence might be down so difficult to raise funds for expansion
3-->Employee morale will be down and will result in more people moving out of the org and also in lessenning productivity.
7) Any questions for us?
I asked one to the current student.I asked whether students can pursue their area of interest in depth if they so wish within the constraints of one year time frame.He talked abt various avenues to do the same.I asked whether all those are practically possible.He replies telling me that , "As u have told in ur essay, if u have done time management well till now, there is no reason why u should'nt do it in college.If ur time management is spot on its absolutely possible". That gave a faint ray of hope(atleast these guys have gone thro my essays in detail
)..
Although I don want to rate/dissect my interview, I felt I had a good chance when I came out.I had told all the things I wanted them to know.Now to judge whether I am good enuf or not is upto the panel and the school(for factoring in the diversity factor too).
But now after going through all that I have told from a third person point of view, I feel I don't stand much of a chance as I could have more clear on a lot of things.Anyways will know the result in another 4 days.Keeping my fingers crossed.