The story sometimes doesn't stop at B-skool interviews and continues into summers and finals as well....and for some of us, this will continue all our lives ;)
I got the so called wrong end of the stick during my IIM interviews in 2006 - BLICK calls and I had converts from I and K, ended up going to K but never though I was missing out on something by not making a B or a C. Trend continued in summers - my GD/PI conversion ratio was a lowly 30-40% at best. Had an interesting time during finals, I always thought I was consulting material but I landed 4 sales offers!
Since its been one very interesting ride - took up an international IT sales role (yeah one of those 120K+ USD ones) but finally ended up rejecting it in favor of a domestic sales role for personal reasons. 6 good deals and 2 years of interacting with director level folks of multiple Sales partner orgs, I am in a situation where I can walk into *any* damn IT organization in a sales/BD role. It's a different story that I am now moving out of IT into a sales role in a different sector altogether
Over the past 3-4 months I've met a lot of folks, in some interactions I've walked out on offers from so called good brands since I did not see a fit between my DNA and the org culture.
My learnings from this -
1) Most of the time the reason for getting rejected may not be that we arent good enough, its just that we will NOT fit into their scheme of things. I have been rejected by a woman for being too sensible
2) Life will come a full circle if you are smart. Do remember that some day you will end up rejecting offers from the very organizations who are coveted recruiters at top B-skools.
3) Do not take rejection personally. I have been ripped apart by clients in meetings, have been shouted at for 30 mins for no fault of mine. The very same folks take me out for lunch the day they need something from me, these very folks have given me multi million dollar deals
4) Rejection is good, period. The tough time I went through in 2009 (lost one of my parents to a terminal disease, had to give up the $$ offer and get kicked around like a football by various teams in the organization for 2 months for playing it fair and straight and being transparent to my bosses) is probably the biggest reason why I have the conviction today to give up a safe and secure job and look to do something I'll prolly be more comfortable with.
As Warren Buffett says - "you need to be able to take a few knocks and bruises en route to that elusive multibagger"