IIM Shillong PI
Slot: 14 February 2015, 8:45 PM
Venue: Delhi
Hotel Mantra Amaltas, Friends Colony (W), Mathura Road
(For people who have a problem finding it, its right on the main Mathura road. If one is going towards Ashram from Faridabad, it will be on the left about half a Kilometer before the Ashram red light. Use the service road to access it. A guy I spoke with, had trouble locating it)
Profile
10th: 85.16% (Had 6 subjects)
12th: 90.25% (Had 6 subjects) - Science with Economics
Graduation: 63.7 (Delhi University) - B.A (Hons) Economics
CAT 2014: 97.16 %ile
Work Experience: 17 Months with a world reputed Financial Research Firm.
ECA: I would rate myself 10/10 on this. I have been very good at extracurricular activities across all spectra right from school itself. Have won tons of competitions and have two files of certificates and stuff.
Waiting Area and Verification Process
There's a noticeboard outside which directs people to the waiting area in the basement. Pretty decent, had some books (Sort of a mini library), a non functional pool with very little (and dirty?) water (-1 for the Hotel Management). Parent's and guardians can also wait here along with the candidates.
Although the reporting time was 8:30, I reached by 8:20. The moment I stepped in, I saw that there were already 30-40 candidates already seated (Woah, you guys really are punctual! )
I had barely managed to seat myself in the front row (since all the back benches and other mid seats were taken 😛 ), then a guy dressed in a IIM Shillong T-Shirt came in and started the process.
The guy was extremely professional and polite. Wow just wow. I was amazed at this guy. He was the perfect opposite of a typical Indian college babu that I have dealt with through my college life, govt offices and SBI Banks :P.
He was cheerful, bright and extremely polite ( to the point of apologizing in advance in case he pronounced names incorrectly since he was from the North East and not very good at names). He made us feel very comfortable, offered tea, coffee to the candidates and the parent's/guardians. (+1 Respect for IIM Shillong)
He outlined the basic process of the interview. He would take the roll call and we had to approach him and present the Call Letter, the Interview Form and the Photo ID. He took the form but returned the photo ID and the call letter. We also had to sign the attendance sheet along with filling in our CAT IDs.
Also he announced that before entering the interview room, we would be required to switch off our mobile phones, as failure to do so would result in disqualification. The interview panel may ask for your phone at any time and if they find it is on, you would be chucked out. Although we could use them while waiting.
Although my name was in the middle of the list, I asked him by what time my interview would be over (since I had to arrange for transportation accordingly), he surprised me saying that I would be one of the first.
I had barely grabbed a glass of water then one of the panel members came in and took 3 of us for the interview to the third floor. I was third in line and had to wait in an area adjoining the interview room which was spacious, airy and bright. I walked around the room and had a nice view of the area.
The interviews had started sharp at 9:00 AM and the first candidate was called in.
Now since I was one of the first, I can assume that there was only one panel as I barely had time to loaf around and check out what was happening. Although others on the forum have reported three panels.
Interview
P1: Male Professor (Late 20's - Early 30's) - The one who took
us from the basement to the interview. Never smiled. Could not identify him later on as
his photo was not on the website.
P2:
Female Professor (Middle aged) - Warm and nice. I could later on identify her
from the website. Smiling.
P3:
Male professor. (Mid 30's) - Cordial and helpful. Smiled too. I could identify
him later from the website as well.
M :
Me (Yours truly, Bellator)
I was feeling confident, relaxed but with a few butterflies in
my stomach ( normal for me 😛 )
I
entered, closed the door and waited by the chair to be seated. Wished them
while smiling and maintaining eye contact. They asked me to sit and then asked
for my certificates. I had already arranged my certificates in proper order and
handed them over.
P1: I see that you have been a quizzer, so you must be well
updated.
M: (Smiled) I try to be, Sir.
P1: So spectrum has been in the news. Tell me about spectrum.
M: Spoke about the 2G allocation process by the previous
government and the new one. Spoke how it is a resource for the government etc
etc. Mentioned open tender and sealed bid auctions.
P1: What is the difference between this open tender and auctions
by the different governments.
M: Explained well using examples. Mentioned Dutch auctions as
well.
P1: Ok tell me about Nathuram Godse. Why has he been in the
news?
M: Told about right wing Hindu groups installing an Idol and a
mandir of him in Mathura ( Later on I checked and it was Meerut, but I guess it
didn't matter much :/ )
P1: No. No. Leave that aside. Tell me more. Why has he been in
the news for the past 6-8 months?
M: (Flummoxed as I had just told him!) Sir, As last year a right wing Hindu
govt. came into power they would push for their agendas.
P1: (Not looking convinced at all): Tell me more.
At that moment P3 interjected. (Thank you P3!)
P3: Tell me your opinion on Nathuram Godse.
M: Gave a balanced answer as how some see him as a hero and how
he moved people to tears at his trial vs how he took the path of violence and
assassinated the father of the nation.
P3: Dont give me a politically correct answer. Tell me your
views. What do you think?
M: I believe it is wrong Sir for anyone to take up the path of
violence. He assassinated the father of the nation and I believe that the
punishment and justice that was meted out to him was fully justified and I
stand by that.
P1: I-S-I-S. What message are they trying to send?
M: Gave a full lecture on Arab politics, history, US Invasion of
Iraq, Shia-Sunni conflict etc etc.
P1 nods to P3 who nodded to P2.
P2: So you are from economics background?
M: Yes Ma'am.
P2: Tell me about the Laffer Curve.
M: Aced this one. Told some nice trivia about it as well.
P2: How is the Laffer Curve different from the Engel's Curve?
M: Told her that its been a while since I have studied economics. But could
hazard a guess. Told that Engel's curve deals with Income inequality which is
very different from the Laffer curve which deals with taxation. ( I was
partially correct, Engel's curve deals with Income and demand not Income and
inequality)
P2: So where do you draw the line between Micro and Macro
Economics?
M: (Took a few seconds to gather my thought and answered well)
P2 then asked about the Look East policy then a few hypothetical
questions. Eg. If you were the central banker of this country which policy
would you follow etc etc.
P3: Talked about my ECA after going through my certificates and
publications, and how I manage my time etc. We had a nice chat about life, time
and our pursuits and desires.
Then he went on to ask me about my job, job satisfaction in it,
what I had learnt from my job, my role, then mergers and acquisitions about my
company and its parent which is based in New York. I was well prepared for all
these and I answered well. He knew more about my company than I did but I
somehow managed to dodge that bullet because a lot of events took place before
I had joined!
They thanked me and asked me to leave, returned my certificates,
and I thanked each of them in turn. (P1 did not even look at me, while the
others smiled and were warm).
While I was halfway to the door, P2 offered me a toffee. I
smiled and declined since I was almost at the door by then. (I think she looked
a bit surprised that I had declined).
Overall I felt it went quite well, I was relaxed, smiled and
maintained eye contact for the most part. I guess it lasted about 25 minutes
and I was out by of the Hotel by 10:10 (pretty neat 😃 )
All the best to all of you who have yet to give their
interviews!