is DFS worth it?
i got shortlisted for Great lakes, I have a 2.5 yrs work ex in Audit in Deloitte. I am in the greatest dilemma ever, whether to join or not. please advise
Got this email few days back:
Dear S Basu,
Thank you for your interest in ISB's Fellow Programme in Management (FPM) - Doctoral level programme. We are pleased to let you know that ISB and BITS Pilani have signed an agreement that lets ISB FPM students simultaneously register for BITS's part-time PhD programme. BITS Pilani will award its PhD degree on successful completion of its requirements. With this agreement students can simultaneously earn BITS Pilani's PhD recognized in India, along with ISB's FPM which is recognized as a doctoral-level programme by the AACSB International.
Is the shortlist out?? Link for the shortlist?
I am unable to login.. i think i forgot the password.. how can i reset my password?
i have call from FORE IB...but i want to change my gd pi date ..can there be any chances for such??
please reply soon.....
Which one is the correct answer?
Not wearing any gear, Jim pulled the truck with his _________ hands.
Any idea as to what was the lowest percentile last year who converted in the first merit list? Especially ops.
not shortlisted at 98.97....is there a way to re confirm it..
Or am i rightly not selected and should not worry about it?
suggest some test series whcih give good solution for CET mocks? .....considering only 15 days are left, some series for a good understanding of cet level. pls suggest.
after attending IIM Indore interview is it necessary to attend new iims process
Will worked as business analyst after bba will be considered as appropriate work experience????plz answer its urgent. .
Even after completing the courses when I go back to the page
http://www.pagalguy.com/mba/courses under the course it shows that "resume course"
can we still apply? what is the last date? The application portal is still open.
how is the document verification taking place..is it during interview itself or there is some helpdesk set which verify documents before admission process begin..
The contemporary industrial robot, in the eyes of politicians and others, may wear the halo of high technology, but it came into being to meet a rather mundane need. In the booming labour market the early 1960s, it became increasingly difficult to find people willing to do boring, repetitive and unpleasant jobs. What was needed was not a machine which could master elaborate human skills, but one which could provide the mindless lumpen proletariat demanded by mass production. What had to be learnt, and proved well within the robot's capacity, were sequences of precise movement of the arm and hand. Such sequences were relatively easily programmed into a computer memory, especially after the advent of the microprocessor freed robots from their dependence on the mainframe computers of the 1960s. But however impressive, even uncanny, a robot may appear to the layman as it repeats a series of movements with flawless precision, it is, in fact, operating blindly and by rote. Repetitive manipulation is, of course, a skill common to many machines: what differentiates the robot is that it makes use of an articulated arm analogous to the human limb and that it can be reprogrammed to perform a whole variety of tasks without the need to redesign, or adjust its mechanical components. There are however, a limited range of applications, in which manipulator arm, operating blindly and without intelligence, is useful. Looking through manufacturers' catalogues one is struck not by the machine's versatility but by the monotonous repetition of a sort of litany of robot functions: machine tool loading and unloading, spot welding, paint spraying and parts transfer being the commonest.Whatever its task, a robot is dependent for its effectiveness upon a whole supporting cast of automated machines. Everything must be presented to it in consistent positions and orientations; it can only operate in a world of guaranteed predictability. Indeed, to consider robots in isolation from automation, in general, is rather like studying an ant which has been removed from an anthill €“ an ingenious but purposeless curiosity. The need to provide an automated environment has so far restricted robot use to large scale industry businesses such as specialist machine shops, producing small batches of many different items have little incentive to set up the paraphernalia of conveyors, jigs and electronic communication, which a robot requires.
Qn: Robots differ from other machines in that:
1.they react like human beings
2.they need little maintenance
3.they have a limited number of applications
4.they are easy to switch from task to task
1st olympic medal for independent India comes from which individual event?
IIM Indore Experience. Please give me your inputs.
Venue: Hotel Monarch Luxur, Bangalore
Date and Time: 26th February, 8.00 am
Profile: General, Non Engineer, Female
CAT: OA 97.99, QA 95.56, VA 97.71
10th: 95.00% (CBSE 2008)
12th: 97.20% (CBSE 2010)
UG: 71.85% (B.Com, graduated in 2013)
Professional: Qualified CA all levels in First Attempt, All India Rank 22 in IPCC, with a 100% in Accounting
Articleship Experience of 3 years ended August 2014 in Deloitte (does not count as work-ex)
Workex of 1 month in a Financial Services startup as a Lead Consultant
Arrived at 7.45 am, document verification began at 8.00 am, with a break of half an hour for WAT at 8.30, after which it resumed.
WAT: Businesses cannot be run on undemocratic principles (or something of that sort). Give your opinion. 300 words, 30 minutes - took 10 minutes to plan, 20 minutes to write. Somewhat ok attempt.
PI - Waiting time of, I kid you not, 2.5 hours. Managed to sit all ladylike and quiet and composed for about 15 minutes. After that I took the life out of one engineer sitting next to me, till I got called in.
3 interviewers, all 3 middle aged male profs.
P1: So you have finished CA.
P3: Why MBA? CA is not good enough?
Me: (Gave the why MBA answer)
P2: Why, CA's don't get into management?
Me: (More fundas)
P2: But you won't be a manager after MBA.
P2: (Laughing) You will only be a management trainee.
Me: (Titters dutifully)
P1: What are you doing now?
Me: (Spoke about my current job profile)
P1: (Latches onto the term "non structured CFO services") Imagine your client is a tech start up. Tell me about the accounting treatment of software development costs.
Me: (Well, I honestly did not get his question the first time, and he had to repeat it 2 times to me. Then, I spoke about matching concept for a bit, then went onto expensing off versus capitalization. Not happy with my answer. I could have touched upon various aspects of AS 26.)
P1: Explain IRR to me as though I am a lay person.
Me: (Explained after a lot of stammering)
P2: That is a very roundabout way. Ok, give me a numerical example.
P2: You have assumed all cash outflows happen at T0, what happens if they happen in between? You don't see all this in non structured CFO services?
Me: (Went all meh inside my head, said I haven't had practical exposure to this yet)
P3: So you have studied Economics?
Me: (Said yes, basic stuff at school level)
P3: You have done B.Com right? I am going to ask you something very basic only. What is a perfectly competitive market?
P2: What do you mean by "very large number"?
P3: (Seemed satisfied)
P3: (I think he was an Economics Professor - he then started asking something very high funda with Price Equilibrium)
Me: (Was very frank and I said I do not know)
P2: (Looked extremely displeased) What did you do in Deloitte for 3 years then?
Me: Worked in the Audit and Assurance Department.
P2: What is this Fair Value Accounting?
Me: (Explained the premise)
P2: Why is it such a big deal?
Me: (Contrasted it with Historical Cost Accounting and spoke about the need to estimate fair value at each reporting date and yada yada.)
P2: Give me the exact definition of Fair Value as per IFRS.
Me: (Boo-yeah. I know this. But before I could even open my mouth to explain...)
P1: Tell me about IAS 39.
Me: (Seriously wtf? Again I was forced to say that thus far, I am familiar with Indian GAAP only. IAS and IFRS did not form a part of my course content.)
P2: How many Indian accounting standards are there?
Me: (Total 32, 29 mandatory, 3 recommendatory)
P2: What are the 3 recommendatory standards?
Me: (Told them).
P1: But you know, I am surprised. Isn't IAS 39 is the first and most basic thing you learn?
Me: (Gave him my most pathetic deer-caught-in-the-headlights look. Later, in utter self disgust, I looked up IAS 39.And guess what? It is Financial Instruments - Recognition and Measurement. Which deals with accounting for Options, Fair Value Hedges, Cash Flow Hedges, Derivatives etc. WHY, OF COURSE IT IS THE VERY FIRST THING WE LEARN.)
P2: Tell me what is a Hedge Fund.
Me: (My confidence was at an all time low. I just wanted the interview to end after that last question. I really wish I could go back and answer just this one properly for them.)
P1, P2, P3: (All 3 give me identical expressions of disgust. Who can blame them?)
P1: Respond to this statement. "Corporate Governance in India is at an all time low, because of unethical CA's such as you".
Me: (I go "Kill me now" in my head. Why do all interviewers want to ask me only this in every interview? On the other side, I think I should expect this question from now on, and I seem to be getting a lot of practice with this, anyway. I tried giving my usual prepared answer, but they interrupted lots in between and did not let me finish.)
P2: Tell me about Satyam Case.
Me: (Started and stammered my way through.)
P1: Did those Deposits exist?
P2: Can't blame this one for wanting to run away from CA and come to MBA.
P1, P2, P3: (All 3 echo the same menacing laughter).
P3: So, Congress Party is the oldest in India?
P2: (Looks suspiciously at me)
P3: Who was the longest serving President?
Me: (Asked if he meant AICC President)
Me: (Didn't know, but took a shot. Said Nehru)
P2: Was Nehru even President?
Me: (Bland expression).
P3: Ok, I will give you a clue. Who IS the longest serving Congress President?
Me: Sonia Gandhi.
P3: Who was the first female president of Congress?
Me: Indira Gandhi
P3: Ok I will give you a clue. She was not born in India.
Me: Sonia Gandhi.
P3: Nope, not her. If it isn't Indira, how can it be Sonia? This is history from a very long time ago, not so recent.
Me: (Was thinking of saying Annie Besant. But I was interrupted again when P2 decided to end the interview. And yes, it was Annie Besant.)
P2: Ok, that will be all.
P3: Any questions for us? Mind you, no questions about the interview, though.
Me: (Asked something about flexibility in choosing electives and they answered).
P1, P2, P3: Fine, thank you. Good afternoon.
Well, I heard myself saying "I don't know" a lot during this interview. I really felt certain questions were way too tough for me. I honestly do not know whether this level is expected from all CA's and how I should judge my technical knowledge based on this interview. I am not too hopeful of this one.
Also none of the panellists went through the 2 files of my academic and
extracurricular achievement certificates which I placed it in front of
there are 5 persons A B C D E .What is the probability of B speaking before A ??