Dear All, For the second year in succession, we bring to you the PaGaLGuY Official GDPI Helpline in collaboration with students of NITIE Mumbai. Helpline has the sole objective to ensure that you are empowered to crack GDPI in a better wa…
Dear All,
For the second year in succession, we bring to you the PaGaLGuY Official GDPI Helpline in collaboration with students of NITIE Mumbai. Helpline has the sole objective to ensure that you are empowered to crack GDPI in a better way.
The hard part is done but the harder part is yet to be taken care of. The 'Battle' is over but the 'WAR' to enter dream B-Schools is still on. And this is the right time to ask all your 'last lap' questions to people who have been there, done that and wish to share their experience and time with you.
Continuing with the tradition set by helpline of last year, you can ask them about:
- How to start preparing for GDPI
- Customizing GDPI preparation for different B-Schools
- Dealing with fear to speak in group / before interview panel
- How to be prepared about out of the box questions in interviews
- Tips for group tasks/ case discussions
- Customized PI tips as per your background
If you have any questions related to above apprehensions or any other query, post them here and get them answered by NITIE Students.
Special features of this helpline include:
- Regular discussions on topics important with respect to GDPI. This won't include the posting of news or articles on these topics, rather it will consist of complete analysis of the topic from management point of view posted regularly by NITIE Students after the discussion among puys on the topic has exhausted.
- Suggestions to perform better in PIs.
- Sharing GDPI experience of almost every elite B-School.
- Skype Conference with NITIE students and live discussions on topics.
Please fill the following form if you wish to participate in Skype GDPI Sessions:
https://docs.google.com/spreadsheet/viewform?formkey=dGJzcmRUbFNBc0piV29aVm9sRm9uNGc6MQ
Links to post having links of Consolidated Analysis of GD Topics: http://www.pagalguy.com/forum/prep-resources/75440-2011-12-gdpi-helpline-nitie-6.html#post3098790
Points to remember in Group Discussions : http://www.pagalguy.com/forum/prep-resources/75440-2011-12-gdpi-helpline-nitie-15.html#post3109974
How to approach CASE based Group Discussions: http://www.pagalguy.com/forum/prep-resources/75440-2011-12-gdpi-helpline-nitie-24.html#post3117772
Pointers for PIs - Part 1: http://www.pagalguy.com/forum/prep-resources/75440-2011-12-gdpi-helpline-nitie-56.html#post3205486
Pointers for PIs - Part 2 : http://www.pagalguy.com/forum/prep-resources/75440-2011-12-gdpi-helpline-nitie-58.html#post3210682
Pointers for Answer to Why MBA ? http://www.pagalguy.com/forum/prep-resources/75440-2011-12-gdpi-helpline-nitie-101.html#post3344779
Useful blogs on different specializations to prepare for GDs and PIs: http://www.pagalguy.com/forum/prep-resources/75440-2011-12-gdpi-helpline-nitie-48.html#post3176908
Important topics from current affairs for GDs and PIs : http://www.pagalguy.com/forum/prep-resources/75440-2011-12-gdpi-helpline-nitie-54.html#post3195292
The other offerings will be disclosed as we move ahead in the journey together.
All the best everyone. :thumbsup:
Regards,
Varun
Thank You Varun
I would like to welcome all the aspirants on behalf of NITIE students. The GD/PI stage of most of the institutes will start by the mid of February and we believe that this is the apt time to start our preparation to master the final and arguably, the most critical phase of our preparation.
Instead of just giving the generic gyan of dos and donts, here we will work together on the lines of "Collaborate to Dominate" to master our skills. We will start with the very basics and then move on to regular discussions on the topic which we believe are important in the present context. Later on, we will also organize live GD sessions on Skype to help everyone gain the practical experience.
We are looking forward to have an awesome learning experience with all of you. Happy learning and All the very best. 
Dear all
We shall be kicking off the journey with first topic for GD from tonite as lot of you are online then and we can have a healthy discussion. Once the discussion from your end is over then we shall post the comprehensive analysis of the topic from management perspective.
By management perspective, we mean analyzing the topic from all aspects of business may it be financial implications, marketing complexities or operational issues along with other areas.
Also starting from today, we shall be posting our learnings from GDPIs which we have attended whether it be college admissions time or GDPIs of companies in college.
In the meantime if there is any query, feel free to shoot it 😃
PS: Posting here now itself so that we can reduce the number of people who might miss out the first topic of GD.
Cheers!
Awesome 😃 Btw, what time tonight? Would we have to just post threads here as part of the GD or would it be on some other chat forum?
VenkataramanR SaysAwesome 😃 Btw, what time tonight? Would we have to just post threads here as part of the GD or would it be on some other chat forum?
Around 10.30 - 11 PM 😃 No timeline to end, it would depend on when the points from you all get exhausted.
Initially, discussions would be through posts on threads for first 1-2 topics and then we shall move on to skype sessions.
Since in skype session everyone cannot be accomodated at a single go, we shall be having discussions on thread running simultaneously so that no one loses out.
Details about Skype GD shall be posted in few days
Going back in the timeline, I would like to share one important point that I learnt regarding GD, with all of you. Before being a part of the MBA fraternity, I always looked at this procedure as just another elimination round to select the best, and only recently have I realized that it's not.
Group Discussion is something which will remain with you throughout your career, right from the selection stage on the D Day to your summer internship and the final placements to one of those board meetings where you will be discussing a real life scenario with your colleagues.
To put it in short, this is one of the most important skills that one management student should process and there could not be a better time to start mastering this skill. So let's look at this from a long term point of view and not just another stage in the selection process. It's high time we help each other to achieve the goal we all are striving for.
Let's gear up for the big event and give your very best. All the best everyone.
hello seniors when the GD process will be started...
Dear all
We shall be kicking off the journey with first topic for GD from tonite as lot of you are online then and we can have a healthy discussion. Once the discussion from your end is over then we shall post the comprehensive analysis of the topic from management perspective.
By management perspective, we mean analyzing the topic from all aspects of business may it be financial implications, marketing complexities or operational issues along with other areas.
Also starting from today, we shall be posting our learnings from GDPIs which we have attended whether it be college admissions time or GDPIs of companies in college.
In the meantime if there is any query, feel free to shoot it 😃
PS: Posting here now itself so that we can reduce the number of people who might miss out the first topic of GD.
Cheers!
Has the online GD started ??
thanks a lot seniors.. do let us know the timings..
Here we go with our GDs :)
You all are invited to put forth your views on the topic. We shall be summarizing the topic once the discussion gets over along with the feedback of your points which will be put up during the discussion.
We start off with following topic for the inaugral GD:
Topic 1: Bailout of Kingfisher by Government. Should it be done ?
PS: Quote only the relevant part of post if you want to refer to something mentioned in it.
PPS: For reference of how GDs proceeded last year, you can check out few posts following this http://www.pagalguy.com/forum/prep-resources/60989-2010-11-gdpi-helpline-nitie-2.html#post2397015
House is open for discussion. All the best!
Topic 1: Bailout of Kingfisher by Government. Should it be done ?
Kingfisher is not merely a private airline in debt. It is India's reply to the Lufthansas and Singapore Airlines of the world. It is being seen by several Indians and foreigners as probably the only Indian airline with true, world-class service. So in a sense, India's image and competency is at stake. The government should be looking at ways to get Kingfisher out of trouble.
Here we go with our GDs :)
We start off with following topic for the inaugral GD:
Topic 1: Bailout of Kingfisher by Government. Should it be done ?
yes it should certainly be done. Helping Kingfisher would mean no loss of flights and other services done by it and hence no looking for other alternatives to ppl who avail these services
Besides, there would be so many direct & indirect job losses if Kingfisher isn't bailed out.
We start off with following topic for the inaugral GD:
Topic 1: Bailout of Kingfisher by Government. Should it be done ?
No it should not be done
The decision to bailout a private airline should not be based upon the class of service it provides to its customers.No doubt kingfisher has world class service but that is not a reason for its financial mismanagement.
Secondly I think the better use of the money of the tax payers is in giving basic amenities like electricity,drinking water etc.With such a high inflation rate I donot see the use of money to bailout a private airline as cognitive move.
guys wat i think is government should not bail out king fisher!!!!!!
firstly there is no dearth of any airlines in india!!!infact in the last decade v had seen the emergence of so many airlines-be it indigo,spice jet etc!!!!!!!the situation tat kingfisher is in 2day its because of its own lackluster performance+bad policy!!!!!by not bailing out kingfisher the government will be sending strong message even to oder airlines, that they cant be taken likely!!also if government bails out kingfisher ,the bail out money they r going to take from us by taxing!!ultimately v have to pay from our pockets!!nd v ll be having tat must less to spend for some oder industry!!!which implies just for protecting one industry(kf airline) and to sustain it , v ll be neglecting some oder efficient industry tat we would have otherwise helped had v not paid the tax to government for protecting them!!!!!
Here we go with our GDs :)
Topic 1: Bailout of Kingfisher by Government. Should it be done ?
House is open for discussion. All the best! :thumbsup:
A very interesting topic
If we consider the past Kingfisher has had similar problems with debt and the situation has not improved
There are 3-4 ways of saving KingFisher Airlines
1) Banks can convert the debt into equity stake in the company , hence writing off the entire debt , given they want to join the company as promoters
2) Ask the UB group to bail out the the airline which is cash rich and has enough funds to bail out the company
3) Acquisition from another airline can be a possibility but the option seems little weak , since most of the airlines are themselves struggling with debt and low profit margins
But all these seem to be the short term solution , we need to think about long term as well , why the airline is in such a crisis is it due to financial problems with high ATF costs , current market environment or is there something lacking in the operational efficiency of the airline itself
And some points we need to think of why is Mr Mallya not bailing out the Airline himself which he very well can , and why is that he is putting pressure on government or banks which have given loans to company to bail them out by giving more funds
So bail out will depend on the trade off , whether Kingfisher can improve after this bail out or 2-3 years down the line , they would require another bail out once more as happened in past
if bail out does happen , simple financial help will not do , operational and management part of the organization needs to be streamlined for better financial results in future 😃
No it should not be done
The decision to bailout a private airline should not be based upon the class of service it provides to its customers.No doubt kingfisher has world class service but that is not a reason for its financial mismanagement.
Secondly I think the better use of the money of the tax payers is in giving basic amenities like electricity,drinking water etc.With such a high inflation rate I donot see the use of money to bailout a private airline as cognitive move.
What you say might be true. However, also consider the fact that, if Kingfisher can't be bailed out by government, who will settle the several hundred crores that the airline owes to Oil companies? Several companies will be at a loss. The shares of other United Breweries companies will also come down drastically. Ultimately, it would mean lesser money in the system, which isn't healthy considering the current economic situation. Maybe the bail out can be given with a few riders - on how to manage the airline better.
VenkataramanR SaysWhat you say might be true. However, also consider the fact that, if Kingfisher can't be bailed out by government, who will settle the several hundred crores that the airline owes to Oil companies? Several companies will be at a loss. The shares of other United Breweries companies will also come down drastically. Ultimately, it would mean lesser money in the system, which isn't healthy considering the current economic situation. Maybe the bail out can be given with a few riders - on how to manage the airline better.
One perspective we must not miss is The difference between bailout of Kingfisher by the government and saving kingfisher from the debts that it owes to Oil companies.
There are several ways to save kingfisher apart from bailout by goverment as has rightly been pointed out by abhimukh19 previously
Also a bailout by goverment does not guarantee that kingfisher will improve after this bailout.Kingfisher has also been in high debts before and spending the tax payer's money on such a bailout is a gamble
The government is all set to miss the Fiscal deficit target for this financial year because of the NREGS; PDS; etc. schemes. On top of that the food security bill is coming. Amongst all this can the government really afford another airline bailout? - we already have Air India running on the taxpayers' money. I believe the Government will heavily overshoot the Fiscal Deficit target if it goes for another bailout and it will also not be a popular move -only the rich travel by kingfisher. So it will be a wise move to let Vijay Mallya handle this one - the Indian government cannot afford to bail out private companies right now especially an airline.