[isb_here_i_am]

All the best to all u puys for a great day tomorrow.May all of u convert the calls.Sleep well tonight.

[bluepeas]

Sure Vivek.

For the benefit of those who are still haunted by docs theory, here are a few interim results of the survey which can soothe your nerves...(32 respondents only)

Astounding 84% of all respondents(27 puys) felt that they have done their interview well. 56% (15)of them reported that their docs are uploaded.

Only 16% of the puys(5) reported that their interviews were not good..
60%(3) of them reported that their docs were uploaded.

More %(60%) of people who felt that they had bad interviews got their docs uploaded while just 56% of ppl who think that they had good interviews got their docs uploaded. However, since the number of ppl who reported bad interviews in this sample is very less (5 out of 32), no conclusions can be drawn. Let us wait for some more respondents...But these survey results are definitely interesting and clear a few false theories...

Survey link is Disprove Docs Theory

Originally Posted by vivekrvcse

Hi Bluepeas -

You know , I think you got it right on.
Look at Bangalore's engineering college placements - every tom Dikc n harry gets placed here - well atleast till like 3 years back they did
You are a chem engineer- infosys/tcs/cts
you are a mech engineer - infosys/tcs/cts
civil engineer- comp sci engg - bioech engg - tronics trical whatever--------- you get placed with a take home of more than 15k

And this 15k is life changing for families whose monthly income was say 10k - i have seen tens of such instances and I am sure there are thousands of such cases all over in hyd, blore, pune etc

Similarly, corporates would have NTU NUS so easily accessible - why wud they go to AIM ? If there needs are satisfied - then why travel and waste precious man hours and money ? AIM has certainly taken a beating when it comes to the reputation of school - NTU NUS are way ahead

And hey can you please please update us on the survey results - or you can send me a PM if you dont wanna create hungama here- rather send me a PM and dont disclose it here

[thamizhosai]

hello mba_cof_2010,
i hope u r marketing for someone here. hows that the two services u have suggested have same things altogether. Puys, see one eg:
this both the sites talking about the isb interview:
Apphelp - MBA Admissions | Essay editing & Reviewing Services

goisb.com • View topic - ISB Interview Experiences

is it a coincidence that one's client is sharing it in ur so called alums page?

also i question the authenticity of the so called alums as well.

is there anything that i misinterpreted and mis judged u?

[ruchir17]

Originally Posted by estranged_gnrs

Thread opened on repeated requests by genuine users. They have promised me that sanity will prevail. Hence, am opening it. But the rules still remain the same. No one-liners, no misinformation and speculation. Go to chit-chat section and enjoy there if you cant hold it!

I will be forced to ban anyone and lock this thread, if it is not complied.

Cheers and best of luck.
Rohit

Good call by the admin. The banter was clutterring the system too much.
This post was quite funny though -
http://www.pagalguy.com/forum/intern...ml#post1277538 (ISB 2009 Aspirants)

Just logged in and checked. The "2008-2009 admissions closed bug" has been removed. I guess the next 24 hrs the server would be really busy with all the R1 traffic. Also what if the load on the server is too much or if by some fluke of luck there is a mistake in some results (wont happen guys, just saying it as a precaution) the server may go down again. So if I were an R2 applicant I would probably hold on for a day till the dust settles before pressing submit on my application.

Luckily I am in a day long training again tomorrow. So wont come to know the result till the evening, unless it is declared early morning.

All the best to everyone !!

[redh0rn]

Hi, I'd love to make some comments on your, well, comments.

Originally Posted by ps1234

my point is nobody is going to predict or is eligible right now to predict what's going to happen but that's where the Fundamental economics comes in which tells, that if you can studey and figure out the sound business fundamentals within the industry as a specific and economy in general, then its not very difficult to judge for yourself what is going to emerge as a choice of industry or function for you to get into.

I don't think it's practical for everyone here to wager his/her future career by deep diving into the business fundamentals of 'that' particular company/group of companies in 'that' particular industry, given the volatility around. Tell me, just how many people doubted the 'sound business fundamentals' of Lehmann Brothers' et al barely six months ago? And I do hope that you are well aware of how US regulators had called the now-dead banks as Too-big-to-fail. If government regulator can goof off so spectacularly, who are we to bet our career on 'sound business fundamentals' of any given industry. Anyway, in case my core point didn't shine through- it is- if you are looking to answer 'Why MBA?' in terms of looking for a career/industry/function switch, then it's futile to seal your choice of an industry you'd go on to work in 1.5 years from now.

Originally Posted by ps1234

1) Pakistan's economy was faltering since last 4-5 years, due to instability on political front and also ecnomic front, this outcome was predictable, economists have been predicting this since long

2) Japan's economy is officially in recession, but their economy has been shrinking since 1990, espcially the entire decade, it dint grew more than a percent per year, it was already heating economy and was slowing down, so its not a big surprise, and more emphasis on exports, the demand declining due to shrinking of other economies, its bound to have its impact on their economy.

I am sorry, but I am unable to see the point you are making or the context you are referring to. Talks of recession or slowdown are one thing, going into an actual recession, and the one that is engulfing rest of the world is quite another. Are you by any chance playing down the risks of the current recession in the US/Japan? See, seeing the dark clouds gathering overhead is one thing, you can do that till cows come home and not get affected by it, but when it starts to rain, you have to run or take cover to keep from wetting. I hope the analogy makes sense.

Originally Posted by ps1234

3) I agree that the economic indicators are looking grim, but regarding the price cuts etc, i really dont agree ti gives the real economic picture of india ( i would say election season, the freebies are bound to come by , but dont want to get into the political situation), as per bloomberg sources, indian economy is going to have an impact of a percent (so instead of 8%, around 7% growth) which i think is not bad in this scenario as a whole, the real driver for next economic growht for india, which is consumerism, is emerging thick and fast (considering middle class of india has around 350 mn + ppl, which is bigger than US's entire population), and planning comission has suggested that the shrinkage in economy by 1% will be compensated with infrastructure development and domestic government spending.

I agree, there's a (valid) school of thought that says that a slowdown from 8%-9% growth to 6%-7% doesn't mean much, after all, there aren't many economies growing at even 6%. But the way things are going, a growth shrinkage to even 4% or 5% is not ruled out within India, especially in the coming quarters. Yes, it's still not 'that' bad- but I hope we don't need to really discuss what'd be the implication of 4 percentage points shaved off from our GDP growth. Suffice it to say, it'll have a 'bad' all-round impact on the employment market in the country.

On infrastructure development and domestic government spending, i have two points to offer:

1. Infrastructure projects are failing/struggling to meet deadlines, something that is obvious in the way steel prices are down/commercial vehicles sales are down. There is no money to fund these projects. Foreign players are pulling out. Don't believe what Planning commission says. Hear what everyone says and then form your own opinion.

2. Government's tax revenues are witnessing a sharp decline. Collection of indirect taxes is down 5% in October (the pre-festive period, and a bad omen), and let's keep our fingers crossed for the coming months. If the government has no money (and they just exhausted a huge lot of their own coffers by giving pay commission arrears to so many government employees), where do you think the government spending is gonna come from?

Lastly, when you try to play down the crisis, I wonder what do you make of the following confluence of factors that are scaring most of the economy-watchers, including yours truly:

1. Consumer spending in the US, 70% of US' GDP, is down and is showing no signs of looking up.

2. Up until the nineties, the US would have pump primed its way out of domestic recession by increasing government spending. But the sad truth is, the US is already under trillion-dollar debt and if it continues to borrow more money, the world will lose all its confidence in dollar. So, too much borrowing is out of the question.

3. PM Manmohan Singh and Chidambaram are slogging their collective asses off trying to prevent flight of FII capital from the country (Just take a look at how fast our forex reserves are eroding to get a sense of the heat being faced by the PM/FM duo). What if their efforts to hold on to the floodgates fail?

Originally Posted by ps1234

US financial district came up after the world wars and energy crisis, when they found an alternative to manufacturing and energy as economic growth driver, they moved manufacturing out and they ushered in financials as new economic driver for their country, this crisis will once again make the gurus of economics to think and find answers to what is sustainable or next growth driver.

Like Automakers can switch to Green Technologies. Governments can switch to renewable energy generation sources, and more energy independence.

This is ideal, textbookish, Forrest-Gumpish view for the future. Like billions, I do hope that it comes true. But since when did economy move by the book, my friend? Economy is an inexact science, I think that's how the Class IX textbook begins.

Originally Posted by ps1234

Real estate always goes through the phases of ups and downs (if you see the home loan interest rates for past 2 decades, that will give you a fair idea how much real estate ups and downs every decade), these are not just today's problems in these industry the cycle of rate cuts, price boom burst, is all part of a cycle. DLF's and Unitech's of the world failed (coz they sold the biggest hoaxes on their balanced sheets about the "Land Bank" theory, which none of the fund manager subscribed too, they have failed due to that), which essentially says, that not following sound fundamentals in business, policy and economics, are bound to fail today or tomorrow.

Now you are talking like someone who's just seen a drink-and-drive accident and is advising others against the perils of drunken driving. The point is, that's the wisdom the entire world can claim to have gained in the preceding few weeks.

Originally Posted by ps1234

That should not discourage one to select one's industry and function. As MRC pointed out that your focus should not be a constricted one for a quarter or two but for 3-4 years.

I can agree to a partial extent, if we were to add a qualifier that "don't let your focus on a given industry be caused by the so-called growth or career prospects in that industry".

Reiterating my core point here, it'd be daredevilish to 'pick' a future industry for you at this point of time, which is other than what you've worked in so far. Leave these pickings for better times. Right now, focus on improving your skills and knowledge and networking and other attributes of you as an employee/entrepreneur.

[sobhat]

Originally Posted by ps1234

I would love to take this further. The points you mentioned are valid ones, and yes, these are known facts, espcially somebody who is researching on his/her application, they are working on these details, though stating this, i won't take away the credit for you taking in a different perspective.

I would like to provide my perspective on the points you mentioned. Espcially, the one dealing with which sector and function.

Its true, right now the economic situation is grim and world economic order is changing by the day and by the hour. But this is first time we are experiencing and being aware of the crisis so clearly, due to advent of mass media, close ties of world economies, and more transparencies in the Governance. Economies of the world have seen ups and downs, which didn't stop it growing further, my point is nobody is going to predict or is eligible right now to predict what's going to happen but that's where the Fundamental economics comes in which tells, that if you can studey and figure out the sound business fundamentals within the industry as a specific and economy in general, then its not very difficult to judge for yourself what is going to emerge as a choice of industry or function for you to get into.

1) Pakistan's economy was faltering since last 4-5 years, due to instability on political front and also ecnomic front, this outcome was predictable, economists have been predicting this since long

2) Japan's economy is officially in recession, but their economy has been shrinking since 1990, espcially the entire decade, it dint grew more than a percent per year, it was already heating economy and was slowing down, so its not a big surprise, and more emphasis on exports, the demand declining due to shrinking of other economies, its bound to have its impact on their economy.


3) I agree that the economic indicators are looking grim, but regarding the price cuts etc, i really dont agree ti gives the real economic picture of india ( i would say election season, the freebies are bound to come by , but dont want to get into the political situation), as per bloomberg sources, indian economy is going to have an impact of a percent (so instead of 8%, around 7% growth) which i think is not bad in this scenario as a whole, the real driver for next economic growht for india, which is consumerism, is emerging thick and fast (considering middle class of india has around 350 mn + ppl, which is bigger than US's entire population), and planning comission has suggested that the shrinkage in economy by 1% will be compensated with infrastructure development and domestic government spending.

4) regarding stock market, we all know right now its panic mode world over and not gonna restore till strong macro economic indicators start emerging from developed and developing economies.

Lastly which industry to select, well, i would say look for alternatives, or study the industry of your choice which you think has strong fundamentals going forward, the point is not to look from a couple of quarters perspective but from a 2-3 years perspective.

US financial district came up after the world wars and energy crisis, when they found an alternative to manufacturing and energy as economic growth driver, they moved manufacturing out and they ushered in financials as new economic driver for their country, this crisis will once again make the gurus of economics to think and find answers to what is sustainable or next growth driver.

Like Automakers can switch to Green Technologies. Governments can switch to renewable energy generation sources, and more energy independence. Aviation has never been a profitable sector except for a while in the 90's, but world over aviation industry is in downturn since long, and mergers and acquisitions here have always produced the survival of the fittest (true in indian aspects), the aviation fuel has also been a concern for industry as a whole.
For IT, couple of quarters dont look good, but world over IT spending is gonna shrink by 5-7% (again predicted by microsofts and intels of the world), a world IT spending of the order of 3 tn, its a big money, but its not the end of the world ......... its a slowdown ... its not a shut down
Real estate always goes through the phases of ups and downs (if you see the home loan interest rates for past 2 decades, that will give you a fair idea how much real estate ups and downs every decade), these are not just today's problems in these industry the cycle of rate cuts, price boom burst, is all part of a cycle. DLF's and Unitech's of the world failed (coz they sold the biggest hoaxes on their balanced sheets about the "Land Bank" theory, which none of the fund manager subscribed too, they have failed due to that),

Finally Financial, this is more a cultural thing, A seasoned guy like Warren buffet called the complex MBS, CDS as financial weapons of mass destruction, but nobody listened to them, both domestic and away financial industry got lured into the biggest hoaxes of financial markets of making money by leveraging 20-30 times your worth and investing in these complex financial instruments, without understanding really how they work. Which is more a policy, governance and oversight issue. Banks and lenders failed to see, they are moving from their core business and exposing their risks to something they dont understand completely.

All these essentially says, that not following sound fundamentals in business, policy and economics, are bound to fail today or tomorrow. That should not discourage one to select one's industry and function. As MRC pointed out that your focus should not be a constricted one for a quarter or two but for 3-4 years.

I found both these posts quite meticulously written. Ps1234, I specially like your take, not because I agree more with your perspective than with redhorn's, but because the way you've stated your facts reveals a sound understanding and awareness of economies over a period of time. I would look forward to be in the same class with you guys. Redhorn - your post is well analysed and I like your approach. Ps1234, can I see your profile? I wanted to know about your WE.

[sobhat]

Originally Posted by vivekrvcse

Dandy,
it didn't work yesterday - the 10-20 minutes to results theory - and I guess it won't work today

Easy Survey 2.0:

GROAN - If getting into ISB will not be the biggest achievement of your professional life

THANK - If getting into ISB WILL BE the biggest achievement of your professional life

The Groan button's gone missing for me. But IMO, studying at ISB is only a means to our goals. Unlike fresh graduates, whose aim in life is to clear the CAT and get into the IIM's, most of us have a decent idea of where we see ourselves in the next few years and have chosen ISB as it will help us achieve our biggest professional achievements in the years to come.
Also, for those who were questioning the dedication of puys to the ISB (I know it's a dead thread now, but nevertheless..), for most of us, ISB is the best, or the only option, as it is a globally competetive school and it is the best fit with our present situations. ISB's 20th rank may or may not be an accurate rating, but it does prove that ISB is a world class school, which is a great credit for such a young B-school.

[p_jez]

Originally Posted by vivekrvcse

Look at Bangalore's engineering college placements - every tom Dikc n harry gets placed here - well atleast till like 3 years back they did

You are right, that was a long time ago. Today, it's tougher, even for people with experience.

I've been on the other side of the interview table on numerous occasions (more than 150, actually), and here's what I feel (blinding flash of the obvious?):

There is no dearth of qualified people. But if I want someone who can think logically, visualize multiple solutions to problems (and evaluate them against each other) and finally, communicate clearly his/her thought process - that's what I now sarcastically term as "Great Expectations".

Believe me, you just need the following:
# Good skills in whatever your domain/area of expertise
# Risk Taking Ability (to accept jobs outside your area of comfort)
# Great Communication Skills
# Self Marketing Skills
# Extra-strong network

There should be no dearth of opportunities...

Cheers

[iamwhatithink]

great post corr_monk! really hilarious..really liked the last lines

""How clever of the adcom to keep us in suspense ALL this while ! I love ISB!"

by the way folks, just curious to know how many of you guys had your docs uploaded after the "server bugs" today?.I got mine uploaded -Am just stating this as-a-matter-of-fact...am not digging up the ghost theories again

I guess they wanted to disable logins to update the docs..my view might be vindicated if the docs for a majority of us (if not all)l have been uploaded.

Nevtheless doesn't really matter if my views are right or wrong..

All the best folks for the results tom!

cheers

Originally Posted by corr_monk

Disclaimer - Only read further if you are upto no good.
Ok guys, the final day of wait! I think the time is opportune to do some retrospection without introspection (the best kind !). So I take the liberty to do a brief history of the ISB aspirants for the class of 2010 (the real reason is that I am sitting in office :P). I have also taken the liberty to use a BS licence (akin to a poetic license - allows me to BS). So here goes.

History of the ISB class of 2010:

Time immemorial (circa Sept 200 - Aspirants submit application. First wave of bravehearts call up the adcom - "when will the interview invitations come?"

Adcom - "As said on the website - 3-7 days before"

Bravehearts - "Ok... Still ...exactly when?"

Adcom - "3-7 days before"

Bravehearts (after a few days - lest they sound impatient) - "Thank you sir/maam for taking out the time blah blah, I am really impressed with ISB blah blah blah... When will the interview results be known?"

Adcom - "(Prays to god) 3-7 days before"

In the meantime there is a frenzy of theories at a popular web-forum, correllating - interview call order, doc upload status and which way one got out of bed - to the final selection.

Adcom (via emails/forums) - "We advise everyone to wait patiently and not fall prey to rumours or over-analysis"

Aspirants (amongst themselves) - "These adcom walas are really shrewd. They are delibrately doing this to throw us off."
Another theory takes birth - Ppl who were told by the Adcom dont-believe-everything-you-hear and whose docs have not been uploaded are rejected unless they are vegetarian"

In the meantime as declared everyone gets interview calls 3-7 days before the interview (well most ppl atleast).
ISB stumps everyone again - they stick to their plan.

Aspirants now move their area of focus solely to doc uploads. With palms sweating, they nervously type away, discussing among themselves what this could mean for their future and the future of the planet. More frantic calls to the adcom.
Adcom (and this time it is from someone way at the top) - "Please do not unnecessarily worry by over analysing small things"

Aspirant "Thank you sir for your kind advice .. I am really impressed with ISB and am very keen to join it ...blah blah blah ... My documents have been submitted but not uploaded. Can you please throw some light?".

Adcom - "(Sigh!)"

..
..
..
Days go by. The doc upload theory shows some signs of waning. Only to be replaced by speculation on the final result declaration. Adcom is flooded with calls for enquiries. They put the most patient and understanding person they can find to recieve the calls.


Current student - "Guys the adcom is sitting for a meeting on friday. Holiday on the weekend and scholarship decision on Monday/Tuesday. So results would be out probably by the 20th only (or something to the same effect). Please dont hassle the adcom person with phone calls."

Immediately after this post.

Aspirant - "Hello adcom. When will the results be declared?"
Adcom - "(Grrr) 20th"
.
.
.
.
.

The results are declared on 20th.
Aspirant - "How clever of the adcom to keep us in suspense ALL this while ! I love ISB"
And so it goes....
Most of the selected aspirants join ISB, the rest go on to do other big things in their life.
The adcom demands a pay hike. :-)

[sobhat]

Raghav, I think that's theapprentice's way of saying 'Groan'. The doc discussion's been thoroughly exhausted by now, so let's not beat a dead horse...