by Soumyadip Choudhury, NITIE
The admission process comprised of Group Discussion (GD) followed by a personal interview (PI). The admission process was held in the institute itself.
Group Discussion (GD)
The topic for group discussion was “Should plastic surgeries be banned in India?” and the duration was 10 minutes. The group comprised of 8 students and 1 minute was given to get our thoughts together. After 1 minute, the moderator asked the group to begin the GD. The GD was well moderated and everyone had a chance to say their points. However, sometimes it was starting to become a fish market but eventually stabilised. I entered the GD three times and made some good points from different perspectives.
Personal Interview (PI)
My personal interview at NITIE was slightly dicey. Since I had a prior work experience in financial services sector and NITIE was famous mostly for Operations and Supply Chain, a majority of the interview questions were of a slightly skeptical nature. The interview lasted for approximately 25 minutes.So Soumyadip, tell us something about yourself.
#1 – We see that you have quite a diverse background. Why do an MBA at NITIE?
#2 – What are fixed income securities?
#3 – Do you know that we are predominantly an Operations college? Why do you want to pursue a career in Operations?
#4 – Can you name a few subjects related to Operations that are taught here? Can you name a few subjects related to Finance that are taught here?
#5 – Can you tell us about the global oil crisis? What do you know about shale oil? Is hydro-fracking related to shale oil?
#6 – What is Biodiesel?
#7 – Any questions for us
I personally felt that the admission process was tougher as compared to other colleges. Additionally, one should come prepared knowing the basics of operation and supply chain. Aspirants should know key terms like hub-and-spoke model, Amazon’s cross-docking model and route optimization techniques.
Verdict: Selected and currently pursuing my PGDIM course from NITIE, Mumbai.
6 New IIMs
Admission process for the 6 New IIMs (Raipur, Rohtak, Kashipur, Ranchi, Trichy, Udaipur)
The WAT & PI process for the 6 new IIMs were conducted together across different parts of the country. In my case, the interview location was in Bangalore.
Written Aptitude Test (WAT)
The topic for my Written Aptitude test was “Terrorism & Youth”. The duration of the written aptitude test was 20 minutes and the word limit was 250-500 words.
Personal Interview (PI)
My personal interview lasted for approximately 30 minutes and my panel comprised of 3 members. I was mostly questioned on India’s current economic scenario, my past company experience and my views. Since I had prior experience in the financial services industry pertaining to fixed income securities, they asked me a couple of core finance questions. More specifically, the following questions were asked:
#1 – Tell me about yourself.
#2 – Why MBA after already having an M.Tech. degree?
#3 – What are your views about the current government’s plans for boosting the economy? What do you think about “Make in India” and “Skill India”?
#4 – What is a fixed income security?
#5 – What is the difference between coupon rate and yield-to-maturity for a plain vanilla bond?
#6 – Recently there was news about India climbing up the list of countries ranked by the ease of doing business. Could you tell us India’s current rank and also its previous rank?
#7 – Any questions for us?
Overall, I had a very good experience. I had answered all the questions satisfactorily to the best of my abilities.
Verdict: Got offers from all the 6 IIMs
- Make it a conscious habit to read newspapers. I would recommend “The Hindu” for general news, “Livemint” and “Economic Times” for finance and business news.
- Keep abreast with the country’s current affairs. Make note of important news which have a deep impact on the economy. Personally, I found it useful to make notes of the important topics. Additionally expert opinions are a good way for building your own opinion. Some of the important news are:
- Brexit and its implications
- Demonetisation and its effect on industry verticals like pharmaceutical, banking, FMCG, automobile, IT and ITES, Telecom etc.
- Eurozone Crisis
- Negative interest rates in Japan
- GST and its implementation
- Donald Trump’s protectionist policies and its perceived impact on the global economy
- Always register important data. Numbers can really help you in leaving a favorable mark on the interviewer.
- Know the budget thoroughly. Do a comparative study between previous budgets and try to draw conclusions.
- Take it easy. Do not stress out if you could not answer 1 question. Everyone makes mistakes.
- Do not have a biased view in a GD. Have a holistic view instead and approach the topic from multiple angles. I suggest using the PESTEL (Political, Economic, Society, Technology, Environmental, Legal) approach.
Soumyadip Choudhury is a student at National Institute of Industrial Engineering (NITIE), Mumbai.
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