Monday, July 17, 2006

Life@IIMB Part-I

There are times when we spend hours appreciating the beauty of a single moment and there are times when we experience the most beautiful moments of our life but don’t even have a second to stand by and reflect. My first few days at IIMB have been somewhat along the latter line. It has been a rollercoaster, an experience which would form an indelible part of my memory.

Before coming here I had apprehensions about this place and whether I would be able to cope with the pressure or not. As regards the latter, I am still not very sure. But, yes, being one of the very few commerce graduates among a herd of engineers is a special feeling, no doubt. I had heard stories of engineers being devilish creatures, hardened by merciless ragging in engineering colleges. I had apprehensions and fears which I dared not express. Things couldn’t have been more different than what I had imagined.

Come to this place and a single most important truth would strike you. You are no longer important. While back home, you were considered to be this super-stud who cracks exams with finesse, come to IIMB, and you would be dwarfed by the rocking profiles which almost all the facchas possess. (At one point in time, I did contemplate what the IIMB authorities could have possibly seen in me… I mean, compared to others’ profiles…)

First, about the campus…. simply, awesome!! The entire structure is made up of grey stones which gives it the look of an old palace. Cosseted from the urban jungle by lush greenery on all sides, IIMB is the ‘perfect seat’ for learning. And the weather… it pampers you till you are spoilt like a brat.

The first week was the ‘orientation program’. It was a flurry of activities. IIMB has devised this unique way of “breaking the ice” between the PGP1s. Throughout the week, we, as a group, participated in a variety of activities, none of which had anything to do even remotely with studies, but at the end of which we came to know almost every other member of the batch.

We were divided into small groups of 6-7 and made to discuss among ourselves inane topics. We changed our groups after every discussion. While it did seem idiotic at first, by the end of the session, we had known all the members of our batch. Then, there was this unique session where every member had to introduce his neighbor to the entire class.

We were also taken for an outbound trip to “breakthrough” – a local camp-site. There we spent the entire day playing a variety of games (which all somehow ended in a moral each). But, most importantly, we had a lot of fun together. We did rope-walking, log-pulling and other stuff which would look amusing on paper, but we had helluva fun doing these.

We also had “Abacus” – the Yoga session where we were encouraged to be creative and we played a variety of games which ranged from a variation of dumb-charade, spoof on News-channels, aerobics, music etc.

While all this may sound to be very relaxing, trust me, the first week was something I would never forget. We were given a host of assignments by seniors from resume submission to getting 25 student-interaction forms filled up, all to be accomplished within ridiculous deadlines. But it all ended in the traditional IIMB way where all of us (both seniors and juniors) had a lot of fun.

How could I have not mentioned the L^2 parties till now! These form the lifeline of stay@IIMB. Though I am not a party animal and can’t dance to save my ass, there is no harm in seeing beautiful girls hitting the dance-floor. We have these parties every fortnight which continue well into the morning.

Classes have started and the actual IIMB experience is taking a toll on my sleep-hours rather badly. Will elaborate on that sometime later… But, for now, I am giving you a glimpse of the Hostel-Life@IIMB....




How birthdays are celebrated at IIMB:

Party begins at midnight. You are brought to the famous L^2 and wished "Happy Birthday". Just when you start feeling elated and marvel at the huge gathering of students who seem to care for you and have assembled in the chilly night to wish you, the actual fun starts.

You are 'Hooshed' in the traditional IIMB way and also punched and kicked. Then you have to name your favorite PGP1 girl. That girl would come forward and smear cake on your face. And then, it becomes a free-for-all. Every one throws cake at each other.

No, that is not all. The birthday boy is made to do 'pole-dance' a la Malaika Arora. He is then made to sit in the mud and given a bath, first with water and then with sauce. When you are completely covered in mud, you are required to do a "nagin" dance.

And, yes, you get kicked and punched all the while. Doesn't that make you curse why were you born in the first place?
Darn, I have already entered my birthday on SPIDI and there is no way of taking it down…. Waiting for my turn at the altar…

Sunday, July 09, 2006

A Home away from HOME!!!






Some pics of my new home... IIMB
Wouldn't you fall in love with this place?



Friday, June 16, 2006

THE GREAT INDIAN PUPPET SHOW

In the corridors of power in Delhi these days, the ministers have found a novel way of amusing themselves. That is pulling the strings of a very old and ragged puppet and seeing it dance to their tunes.

First, it was the HRD minister. He needed to demonstrate his skills at puppetry. So he went ahead with his plans to implement Quotas for backward classes in the realms of higher education. The puppet did a lovely dance.

Next in line is Meira Kumar. She feels that the Quotas for Scheduled castes needs to be increased too. (This lady had already announced earlier the imminent implementation of Quotas in private sector jobs). The puppet is expected to perform splendidly this time again.

However, what remains to be seen is how will the Govt. repeal the SC ruling that reservations cannot exceed 50% limit. With the current 49.5% plus the proposed 1.23% (plus the Minority Quota which the UPA Govt would eventually bring) the reserved seats would be much more than 50%.

Saw the interview of Chidambaram on CNN-IBN.. and saw how he managed to avoid all the questions in his patent diplomatic style. Damn, what the Supreme Courts's ban on protests has done is strengthen the Govt's position all the more. I wouldn't be surprised if the SC fails to curb the Govt in its dirty measures. Mind you, it has already given the permission to go ahead with the Quotas while the matter is still subjudice.

The Y4E people had already foreseen this. That explains why they are forming a co-operative society under the name "Youth4Equality". So we will be seeing more active protests soon. The greatest achievement of the UPA Govt in two years of its rule has been that majority of the youth of India have lost their faith in democracy. And it is only a matter of time before what little faith we have in the judiciary is lost too. And yes, we all have lost our taste for puppet-shows as well.

LINKS TO INTERESTING ARTICLES ON THE NET:

1. RAJIV GANDHI AGAINST RESERVATIONS

2. NEHRU AGAINST RESERVATIONS

3. RESERVATIONS - ONE-WAY ROUTE TO STAGNATION

Saturday, June 03, 2006

**Finally, the end... and the beginning thereafter**

So, exams finally over. A big relief which is simultaneously filling me with a sense of void. Not much to do till IIMB starts.
The realisation, that my indolent academic life is all but over and what is awaiting me is a life that races past at maddening pace,is exciting, unnerving and alluring at the same time.

Though I never quite grew fond of my college, it felt strange to think that this is the last that I'll see of Xavier's. I have spent some of the best days of my life here, have bitter-sweet memories and most important of all===> made so many great friends.
I remember each of us whispering to the others---> "Yaar, bhool mat jana!"... And suddenly I feel a pang of emotion.. Hey, I have grown used to them all... Having an extraordinary large number of friends had always made me proud... Friends from school, high school and then college had all been in constant touch. Would that be possible now that I am away..
We had extensive photo-sessions. Something that would serve as aid to memory in case the latter fails us. I can picture myself several years from now looking at these longingly and wishing that we never grew up.

The dirty streets of Calcutta, the annoying traffic jam, the blaring loudspeakers and everything that filled me with disgust before now only reminds me "take in everything.. you'll yearn for all of this". I have spent 21 years of my life here and everyone and everything that I know belongs to Calcutta. And not before one of my friends pointed out that my association with this 'city of joy' may now get reduced to short recces did I realize "Hey, I will miss Calcutta!!!"
Why does moving ahead involve leaving ur closest and dearest friends behind???

Yes, I have so much to do before IIMB starts. I have to take memories with me. But how exactly do you store the memory of seeing your father's eyes sparkle with pride and satisfaction upon being congratulated for his son's achievements... How do you store the memory of seeing your mother cry when she realises that her son who is going away from her for the first time may take up a job somewhere away from Calcutta... How do you store the memory of feeling special and cared for when your best friend hugs you...

And there is the enticement of the life ahead... silver dreams, golden path...a new chapter of life is about to begin.
No, nothing ends here... it is just a transition. A transition that brings fresh challenges and a new sense of responsibility. And, however much may we want to stay back, move on we must.

Life, how many of your facets am I yet to see?

Saturday, May 13, 2006

~SOLDIERS for a different cause~

The medical students in the capital have started what promises to be a revolution in the making. The protest against the proposed hike in reservations for so-called backward classes is all set to gain momentum what with the Govt. acting in an irresponsible and despicable manner. The police action on a group of peaceful demonstrators shows that the Govt. is trying to nip this movement in the bud... lending a deaf ear to the voices of the youth of India who believe in Equality, Meritocracy and Excellence.

The police fired tear-gas shells and water-cannons on the group of medical students on a peceful march without as much as a warning. This has prompted the Indian Medical Association to declare a strike in the capital. This agitation is all set to spread like a wild-fire.

A recent report on NDTV showed how easy it is to get an OBC certificate in India. The NDTV correspondent got it made for a mere Rs. 1000 in Amritsar. I agree that the burgeoning vote-bank that the OBCs present is very tempting for the politicians to resort to such pathetic measures which divide the country on the basis of caste and creed, but should we, then, believe that not a single of our leaders refrains from playing dirty politics.

A question that naturally comes to our minds is whether these reservations actually benefit those who need upliftment most. The answer is a plain and emphatic NO. 60 years of reservations in India have done little to remove the inequality from the society. To truly uplift the masses, the Govt. needs to work at grassroots level... universal primary education, aid to the needy and free coaching for the backward class students can be viable alternatives which would not compromise on quality.

Most of the students from backward classes who go for higher education are considerably well-off and need no reservation. The fall in quality of output at the IITs and IIMs would adversely affect India's Brand value as Indian talent is renowned world-over.

It is shameful that our Prime Minister and the President, who are both among the highest-rated intellectuals of India, have chosen to ignore the agitation by the medical students as well as the thousands of mails sent to them in this regard.

We hope that some sense would prevail in the end...

So, what about CAT?


Now that I have made it to the hallowed portals of the IIMs (though not quite in the grand way I wanted), quite expectedly (and annoyingly too!!) people come to me asking for tips, tricks, advices and guidance. And I tell them just what I believe myself---> that there are no magic formulae, no 'Just the right way of belling the CAT'.... in plainspeak, there is no substitute for hardwork. But throw in a bit of common-sense as well for we are humans, not mules. So we don't have to just slog our a**es off. We ought to analyse which are our favourite topics, know which chapter scares us the most, which section are we comfortable with.. and which we are not.

This has to be done at an individual level.... there is no common approach that works for all. The simple reason for this is that I am ME and YOU are, well, YOU. Develop your own strategy, test it time and again, fine-tune it and off you go! But be prepared to discard it the moment you realize that it's not working on the D-day... So much for the introductory gyaan. No, this post is not about CAT-gyaan (I guess you can have enuf of that from the coaching-centres, though I never went to one).

I can still remember my dilemma after CA PE-2 Exam in MAY2005. 'Should I join a coaching institute for CAT preparation?' All my friends (those who intended to take CAT2005) had joined coaching instis long back and were already pros in most of the chapters. My CA results were still not out and I was somewhat apprehensive about them. God forbid, if I flunk in CA then it wud be CA again in Nov... forget CAT-shat. So, I decided no CAT coaching for me. I enrolled for SimCATs with IMS and turned to my friend, philosopher and guide Moinak (aka Mayank Killa) for all the help I needed. Special thanks to you, buddy. In the meanwhile CA results came out. Though my performance was not spectacular, but All India Rank 39 was good enough considering how miserable I had been feeling after the exams...

I had told everybody around me that I was taking CAT just to get the feel of it and would take it again properly next year (after taking coaching et al). So, there was no pressure on me to perform as such other than my inner fire to excel always.

I knew VA and LR were my strengths... the SimCATs had taught me that. And I also realised that to scrape the cut-off in QA was a herculean task for me. I am dead scared of numbers and this fear made me go weak in the knees every time I thought about the D-day.

But slog I did... and like mad too...

That turned out to be good enuf.. 99.45 %ile is not bad.. plus if you have bagged BLACKI... :)

So, what was it that worked for me?

Was the paper tough? Yes

Was it tough only for ME? No

Those who correctly answer the second question will get there all right...:)

So then began the task of preparing for the next round of selection process... no risk-taking this time. Took proper coaching (I needed it 'cuz I am not much of a public speaker). The practice as well as the gyaan by Sandeep Sir did wonders to my personality... Special thanks to the TCC team. I also attended IMS Achievers' Workshop... that was helpful too...

So this is all about CAT that I cam possibly say. As you may have understood already, I am the last person to come to if you need any advice...

Neways, All the best to all those who aspire to make it big.. :)

Regards,
Yogesh

Sunday, May 07, 2006

Death to Merit, Long live Mediocrity!!!!!

At a time when the need was to scrap the reservation-system in higher education altogether, the UPA Govt comes up with yet another populist measure with impunity. In higher education, where the most important factor that counts is the 'quality of output', the sole criterion for admission should be merit. Reservation, if at all, should be need-based and not caste-based. It would be stupid to assume that the policy-makers don't understand this. But, for them, Populism is the key.
Needless to say, this measure would spell the end of meritocracy and promote mediocrity, not to mention the resurfacing of the brain-drain bugbear. When half the class has sought admission without fulfilling the criterion of merit, the brand-value of the hallowed portals of higher education in India like the IITs and IIMs would come down drastically.
Further, a backward class person has already benefited from reservation till graduation level... now, if he still needs reservation for higher studies, then for jobs and then for promotions... this effectively means that the reservations till graduation have been fruitless. The Govt. should work towards improving the standards of Primary Education rather than come up with such useless but harmful tactics to win instant support. By doing this, the UPA Govt. is admitting its failure to ensure development at the grassroots level.
And, increasing the number of seats is not going to help. In Institutes like the IITs ans IIMs, there is a dearth of good faculty. If increase in the number of students is forced on them, this would lead to a fall in the quality of education, which would reduce their appeal and the meritorious would be more willing to go abroad.
Further, rather than promoting equality in the society, this move would actually create a rift between youth from different communities. A talented student who has lost a seat just because it was reserved would hate these communities for the rest of his life.
The Govt should give aid to the needy and remove this caste-based resevation system.

I am writing on behalf of all the students of India who don't care as to which caste they belong to, but solely believe in MERIT.

I request all those who are against the move to sign the online petition at~
http://www.petitiononline.com/obcrev/petition.html

In addition, you can write directly to the PM at~ http://pmindia.nic.in/write.htm
and to the President at~ http://presidentofindia.nic.in/scripts/writetopresident.jsp.

Regards,
Yogesh

MUSINGS OF A SELF-CONSUMING LOSER!!!

Now, this may sound like the ramblings of a nutter... but I always genuinely thought that I was good... that I would make it..
But just two converts out of seven of the best colleges in India has punctured my vanity rather badly.. I simply can't see what really went wrong..
I could only conclude that any of the following reasons could have acted as a bane:

Explanation#1===>
This is the weirdest explanation that comes to my mind. That I am a fresher and that too from Commerce stream may have acted as a hindrance... Afterall, we all hear the blatant bias that these institutions have towards engineers.

Explanation#2===> IIMs don't attach any importance to an individual's past academic profile...(as said by an IIMC prof in an intrvw) but weightage is given to work-experience. Thus, all the slogging I did for 21 yrs of my existence was of no use..

Explanation#3===> My %ile is 99.45 which cannot be considered to be a pucca convert type.. Thus, in an scenario where importance is being given solely to CAT%ile and GD/PI performances, my performance had to be exemplary, which I feel may not have been the case.

Explanation#4===> People have always told me that I am just too soft-spoken. That my soft-spokenness can be taken to be a lack of confidence. But, I believe that I had worked on it and in my IIM GD/PIs I tried to be assertive... perhaps, that was not good enough.

Explanation#5===> I have almost nil extra-currics... if that matters that much...

Explanation#6===> Meri kismat phooti huyee hain...

Now, ppl tell me that I shud be celebrating for IIMB.. so I will now celebrate.. but will always wonder what is it that I lack???

Best wishes to all,
Yogesh

PS: Not feeling so bad now that have converted IIMK as well.. It surely helps to remove a name from the REJECT's list...:)

PS2: Converted IIMA as well... that makes me Mr Snooty again...:D

4th April--->IIMB---> The Last Laugh!!!

The Big BANG-alore interview

Panel Description:
One middle-aged, cordial prof (Prof1)
One young, smart prof with a laptop (Prof2)

Group Description:
There were 3 groups of 7 members each. In my group, one guy thought he wud rather miss the bus.. so 6 guys in my group.

GD: Not Good

Read:10 mins... Discuss:15 mins... Summarise:15 mins...
It was a case about 'BAT'----> long-lost brother of 'CAT'. Well, it was about IIBs who conduct BAT for entrance into their colleges. A particular non-profit organisation with 25 employees is in charge of conducting the test, processing answers and generating score-cards. Prof Mani, in charge of this body, is in dilemma. He realises that the number of munna-bhais taking the test (B bole to Bio-medicine) is increasing at a healthy rate of 12%. This year 1 lakh applicants took the test. But upgradation of infrastructure required for meeting future demands... two options: small-scale, low-cost OR large-scale, high-cost with automation...? Crap case... had a decent discussion though. On an individual front, did not perform well. not many entries... non-descript performance.
Summarised well though... broke up into paras and wrote a decent summary... (the young prof was continuously typing something on his laptop thruout the GD... and, yes, told that our writing skills wud be tested in the summary!!! )

Interview: Dunno

I was the second last guy to be interviewed.. everybody before me had cool intrvws.. Avg Duration: 20 mins..

(I don't remember the exact sequence of questions asked)

Enter, wish, sit...
Prof2 confirms my ranks and marks... :)
Prof1: You have pretty good score in 10th.. why took commerce, not science?
Me: Hailing from a business family, perhaps inclination towards commerce.. had Book-Keeping in 10th.. enjoyed accounting.
Prof1: Parental Pressure?
Me: No... decision was upto me.
Prof1: So, from early age...took ur own decisions...
I smiled..
Prof1: Yogesh, how wud you rate the performance of the group in the GD as well as your own performance.. rate both on a scale of 1 to 10.
Me: (Oh, how I hate this question.... try to act smart ) Sir, I think the group as a whole performed really well..
Prof1: No, no, first give me ratings.. then justify.. (Prof2 smiles at this)
Me: umm.. I think the group can be given a score of 8 on 10... told why.. as for me, it's really difficult for me to evaluate my own performance.
Prof1: In life, u have to do many difficult things..
Me: Okay, then 4-5 on 10... told that I feel didnt do too well...
Prof1: What are the criteria for evaluation in a GD?
Me: ( Only if I'd known that!!!)... told had to evaluate both group and individual performance.. for group--> Content, group dynamics.. for individuals---> Content, initiative and group behaviour.. elaborated on this..
Prof: Put urself in our shoes.. what wud u analyse first.. group performance or individual performance..
Me: (Oh man, where is this leading..if I were in ur shoes, I wud admit myself!!) Sir, I believe that individual performance is a function of group performance... xplained..
Prof2: Isn't it the other way round?
Me: Sir, individuals may score as regards content but group behaviour is more important..
Prof1: Can it happen that a particular group has a high score than another but a member of second group has higher score than a member of first group? (Gave me paper and said draw a model and explain)
Me: Told... Yes, Possible.. explained with diagram.
Prof1: Can it happen that all members of second group get more than members of first group..Me: As regards content.. possible.. but not in group behaviour.
Prof1: Think again..
Me: Sir, to me it seems unlikely.. however, I'm not sure.

Then Prof2 asked me about not continuing with CA.. handled this well..

Prof1: Do you follow the stock market?
Me: No, sir.

Prof1: Follow general business trends?
Me: Read newspaper..
Prof2: White ones or Pink ones?
Me: (smiling) Sir, white ones.. The Telegraph..
Prof2: You had a project in college on 'Call centers- HR Angle'---> what were ur findings..
Me: Told.. a few follow-up questions on attrition, our group recommedations etc... handled perfectly well. As a matter of fact, wanted to talk on this in all my intrvws (as it's something unique for commerce undergrads) but was quizzed only in IIMI earlier on this...that too not directly on the project.. felt satisfied.

Prof1: How do you analyse a company's financial position?
Me: (It was a very broad question... thought 'ab to poora interview isipe hoga') Gave a very general answer by highlighting diffrent points of view for analysis..gave so many enticements to grill me on.. thought wud be asked to go in details.. but profs did not delve into this..
Prof2: What are ur career goals? Do you have any idea about the type of companies that come for recruitment at IIMB..
Me: Yes, told... considering my background I wud like to get into a financial services company..Then I talked about my objectives... mentioned want to do something for society.. this caught Prof1's attention.
Prof1: What way can you do something for society?
Me: Talked abt adopting villages.. told had read an article on same.. CSR..
Prof1: Isn't that the duty of the Govt?
Me: Yes, but we need to do our bit too..
Prof1: Why wud employees want to do this?
Me: Co. wud pay them as they pay any other employee.. a separate deptt. can be formed for this.. elaborated..
Prof1: Wudn't it be better if we have a central agency for rural upliftment and corporates donate funds..
Me: Talked abt how donations made now too.. but corruption, long bureaucratic channel.. the money is embezzled.. no benefit reached to those for whom it is meant..need for proper implementation. Co. shud actively try to help..
Prof1: Extra burden for Co? No competence in this regard..
Me: Can recruit competent people.. not much burden for big corporates..
Prof1: Ideally, Co. shud donate funds and monitor it's use..
Me: True, but not done so now... I feel active participation by Cos wud give better results.

That's it..
Thank you..

Felt good that Profs went thru my certis proprly and yes, Prof2 was at times doing something on his laptop..

VERDICT: MADE IT!!!! Season ended for me with a BANG....:)

24th March---> IIMA----> The BIG One!!

My Ahmedabad Intrvw

GD: Okay-type.

THE CASE STUDY..

It was abt MAHATEX, a four-storeyed saree shop where each floor houses diffrent price-range and diff genres e.g. top floor is for premium designer sarees.. Vivek, the shop mgr employs 20 sales-ppl (boys n girls) who work in two shifts (10 per shift).. r paid Rs. 4000 basic plus 1% commission on value of sales made. Plus, they r given lunch n tea-breaks for 15 mins twice in the day.
Problem arises when for gettin higher commission, the sales-ppl start directing customers towards only premium-quality sarees which are highly-priced. sales go down, and customers are dissatisfied too. plus tea-breaks extend to 45 mins.. all this to be reigned inWhat shud Vivek do?
We came up with points like strict supervision, commission on no. of units sold and not value of sales, floor-wise allocation of personnel, diffrential commission for different sarees, signboards to direct customers to desired floor etc.
5 mins to read the case, 15 mins GD and 5 mins summary in running paragraph format.
It was an HR-case abt a saree-shop (so I expected the only girl in our group to be delighted.. she was wearing a saree too.. but she oozed total indifference).
I guess I was okay.. the group as a whole did extremely well... one of the most peaceful GDs I've ever been to. I came in a few times, gave in some decent points. ...wasn't the best performer though.. the credit goes to the girl and another guy who were both just too good.


INTERVIEW: Dunno...

All three panellists were very cordial.. made me feel at ease.. no grilling, no stress, no sermons whatsoever...

Enter, wish, sit.
Prof1: So, you are in final year of graduation?
Me: Yes, Sir.
Prof1: Under the Calcutta University?
Me: Yes, Sir.
Prof1: Which college?
Me: St. Xavier's college.
Prof1: Is it an autonomous college?
Then we have a small discussion on how the autonomy would benefit students, college.. etc.
Prof1: Dyou know any other part of India where colleges have been granted autonomous status?
Me: (feeling stupid) No, sir.
Prof1: When dyou have ur grad-finals?
Me: May.. got delayed due to Elections..
Prof1: Yogesh, if I give u the authority to bring changes in the educational system, what wud u do?
Me: (I'd earlier stressed on the need for proper evaluation of answer-scripts.. so..) Sir, there is need for increase in the number of examiners 'cuz they are over-burdened and not paid properly.. result compromise in efficiency. Second, questions should test candidate's understanding rather than his/her memory.. elaborated a bit.
Prof1: No..no..we all know this.. give me some crazy idea.. like we shud scrap the examination system altogether!
(yes yes, so that u dig my grave abhi ke abhi)
Me: Sir, I also think that there shud be continuous evaluation rather than evaluation at the end of a period.. elaborated.
A bit more discussion on this and then, Prof2 takes over.
Prof2: Doing CA Final?
Me: NO, explained why not...
Prof2: Did u have Cash Flow analysis?
Me: Yes, sir.
Prof2: What is the need for preparing a Cash Flow Statement?
Me: (cuz it's mandatory!!!) Explained the importance from both mgmt. and external point of view. Mentioned liquidity position in answer.
Prof2: Tell me some ratios prepared on the basis of Cash Flow Statement.. to assess cash position.
Now, at this point.. I just cudn't remember any such ratio. Somehow put together an answer by suggesting that we can calculate 'Debt-Coverage ratio' by taking only 'Cash and cash equivalents' in the numerator. That shud suffice..
Prof2: What are the tools of Capital Budgeting?
Me: Explained NPV and IRR.
Prof2: Formula for IRR?
Me: Began explaining the trial and error method of computing IRR..
Prof2: No, no.. mathematical formula..
Me: Dunno.
Prof3 bhi kooda maidan mein..
Prof3: Did u have Statistics?
Me: (almost begging ki bhai rehne do) Yes, sir....
Now, Prof2 reminds that I had statistics in both B.COM and CA.. I agree sheepishly.
Prof3: What is Baye's theorem?
Me: Dunno
Prof3: What are u comfortable in.. in Mathematics..
Me: Sir, u ask anything..
Prof3: No.. no..u tell what all u had..
Me: List down... and he chooses 'Calculus.'
Prof3: What is differentiation?
Me: answered.. but did not articulate well.
Prof3: Any function which has same diff as the function?
Me: e^x
Prof3: formula for differentiation...? (hands me a paper.)
Me tries and writes wrong formula.. he gives cold stare and says I'm totally confused... I think for two seconds and write correct formula.
Prof3: what is the need for differentiation?
Me: tell

Prof2: What is depreciation?
Me: It is the process of allocation of the historical cost of an asset over its useful life, taking into account residual value, if any.
Prof2: What are the methods of charging depn?
Me: tell that the basic ones are SLM and WDV.. then try to tell abt Insurance Policy, Sinking Fund which are built on any of the above two.. but he was not interested.
Prof2: How dyou estimate the useful life of an asset?
Me: Past experience, vendor specifications...
But he was not satisfied..

Prof2: What are the tools in IT for CAs?
ME: tell abt accounting packages and ERP (only name.. )
Accha hua ki nahin poocha ERP kya hain, I didn't know the answer..
Prof1 back in action..
Prof1: Yogesh, u don't have much extra-currics.. are u those studious types?
Me: Mentioned my project in college and inter-school creative writing comps..
Prof1: No, no.. sports?
Me: Explained that I do this and that but very few mention-worthy achievemnts..
Prof1: What u do in spare time?
Me: Read n write... show them my published articles..
Prof1: Do you go out with friends?
Me: Yes, sir..
Prof1: watch movies?
Me: sometimes...
Prof1: TV?
Me: No..
Prof1: don't watch 'Friends', 'the OC'?
Me: I smiled and said no...( I actually don't watch these.. seen a few episodes of 'Friends' but u possibly can't watch 'OC' in front of ur family.. BTW, Marissa is sure pretty)
Prof3: Wht do you read?
Me: told..
Prof3: read Premchand?
Me: No, sir..
Prof3: (rather sternly) and u say reading is ur hobby?
Me: said that looking forward to reading his books.. cudn't lay my hands on many good books till now.. will do in future..
Prof3: Whose writing style do you like the most..
Me: (my most honest reply) JK Rowling's... explained why..
Prof3: Have you read any Indian authors?
Me: Jhumpa Lahiri.. Interpreter Of Maladies.
Prof1: who is ur model writer?
Prof2 chips in with: 'Yogesh Patwari?' Smiles all around.
I give my best smile and look a bit embarassed

Okay.. toffee khao aur fut lo...
Prof: Good luck..
Me: Thank you..
That's it... what can we make out of it?

VERDICT : Waitlisted No 13---> I was shocked that I cudn't make it!!!

EDIT: Eventually did convert IIMA... but went to IIMB still :)
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