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PDF Editor FAQ

What is an IIM interview like? If you have had an IIM interview, what is your profile, i.e. academic record, CAT percentile, etc.?

IIM Calcutta interview, 19th Feb,2020.New Delhi.10/12/Grad = 89/89/69. GEM Fresher.CAT'19 = 99.83% (99.68,98.58,99.40)WAT Topic : Unemployment due to economic slowdown.I was the first interviewee of my panel.The panel was of 3 persons, F (50yrs), M1(55 yrs), M2(35 yrs, alumni).I greet them, take my seat, M2 asks for my folder and starts reading my certificates.F : How do you justify your low percentage in Btech?I told them about my various extra-curriculors, my position of responsibilities and my work in the institute's sports fest core team as Finance Head.M1 : Why IIM Calcutta?I had memorised the obvious answer about triple accreditation, alumni base, brand value etc.But I don't know what happened at that particular moment.Sir, Can I tell you a story?M1 : 2 minutes.And I narrated this complete story.Harendra Parihar's answer to How much did you score in CAT 2019?I request you to go through this, you will realize that this was not a just another interview.I ended the answer with,The students were shouting, “Joka is not a place, it's an experience.” And this was personified by me.Everyone smiled.M1 : Okay Harendra, Now tell me why should we take you, considering you couldn't do well in your graduation?This was supposed to be a prepared answer but I don't know why I fumbled. I went back to the first answer and told them about the management skills I acquired during my graduation.This could have been a better answer.M2 : So you were Accounts and Finance Head in the core team of that fest. What were your primary responsibilities?I made the detailed budget, kept the account of all finances, managed the hard and soft money, closed the deals with sponsors, led a team of 25+ volunteers, and after the fest, I had to present everything to faculty-in-charge for auditing.I elaborated on above points, and told them that I maintained an Excel sheet to keep the account of all incoming and outgoing money.M2 : So it was a Balance sheet or a profit and loss statement?A profit and loss statement.M2 : Did you make any profit out of that fest?Approx 2.5 lakhs.M2 : So what happened of that money?It got submitted into the institute's gymkhana account.M2 : What is a balance sheet?I don't know Sir.M2 : Are you placed? What are your other calls?Sir I got an PPO through my internship, But I don't want to do that Job. and amongst Old IIMs, I only have a call from C.M1 : If you don't want to do a job, then go and keep studying till PHD. (Evil smile)Sir I don't want that job, plus I would get a headstart if I start my corporate career after an MBA.M1 : Harendra, Do you follow news?Yes sir.M1 : Who's Coming to visit India?Donald Trump.M1 : Where ?Ahmedabad. (I should have also mentioned Delhi and Agra)M1 : When are the presidential elections in USA? Who are the faces from Democratic and Republican party?Sir the elections are this year itself. The faces are Donald trump and Joe Bidden.M1 : How are they elected to be the presidential candidates?Sir the senators vote for their party's faces.M1 : So Donald Trump is getting support from which states of the US?I don't know sir.M2 : So When are the elections in Madhya Pradesh? (My college is in MP)2022 ( I had no idea, I just uttered a random year, it turned out to be correct when I checked later. )M2 : And which Indian states are going to have their elections this year?I don't know Sir.F uttered in a low, disappointed voice : You could have give us atleast one.F : What are your hobbies?Movies, chess, cricket, riddles.F : So what kind of movies do you like?I do watch every genre, but crime thriller is my favourite.F : Favourite Director?David Fincher.F : What do you like about him?His way of storytelling. Not a boring frame, Nothing is predictable till the end.F : So What is your favourite way of story narration?Neo-Noir. Mulholland drive is a classic example.M1 : What is that?A discrete way of storytelling. The scenes aren't interconnected. Hitchcock was a genius of it.(Later realised that scenes being disconnected isn't a necessary condition of Neo-Noir.)M1 : But you just said that Fincher is your favourite director.Sir the 2 questions weren't interconnected.F : But Hitchcock had a linear way of storytelling, his masterpiece movies like psycho, vertigo were linear. Which is your favourite Hitchcock movie?Dial M for Murder.F : What did you like about it?Again, the unpredictability. Psycho was masterpiece because of the era it was created in. The concept blowed everyone's mind. But Dial M for Murder was unpredictable till the last scene.M1 : So if we don't tell you the murderer till the end, it will be a nice movie for you?Sir recently a movie came out, 'Knives out' starring Daniel Craig. They told us who the murderer is in the very beginning, still I was glued to my seat till the very end. It's all about the storytelling.M2 : Okay, now tell us about your internship work.Memorised answer. Internship was in Market Research and Business Development.M1 : So did you use Statistics while playing with the data?On a basic level.M1 : Tell us the difference between mean, mode and median.Told.F : If we have mean, why do we need median?To understand the data better. To predict the data values. Related the answer with Bschool placement reports wherein we both have mean and median placements.F : So you can predict the placements just by mean and median package.We also have the batch strength, in this case the number of terms, the highest package, by using all of these, we can have fairly accurate predictions about the individual placements.M1 : Okay Harendra, we are done. Thank you.M2 : (God bless him) You only have a call from C right?(I had left my seat and wasn't looking at the panel) Only C Values us sir.F : (sarcasm) Oh we value Low acads.M2 and I spoke simultaneously.M2 : He has a high percentile.I : No mam, a high cat percentile.Done. The panel wasn't grilling. It was a decent interview. This isn't a word-to-word account, but I tried the answer to be as detailed while keeping it as short as possible.I am expecting the results In mid-April, but it can be postponed, because,Damn you Corona….!Edit : Direct Reject.

How are marksheets important in your life?

Mark sheets are as important in life as -Balance sheet and annual reports of company to the business owners.Profit and loss statement to the CEO of company.Score card to a cricket team captain.Blood (various medical tests) report to a patient.Election result cards to politicians.Sensex to stock market investor.Weather report to a farmer.Readiness report to the army.Testing report to software engineers.Market survey report to sales professionals.................

What do I need to do to avail a business loan in Pune?

To avail a Business Loan in Pune, you shoud meet following eligibility criteria:AgeMinimum- 21 yearsMaximum- 65 years(Age may vary from bank to bank)Who can apply?Sole ProprietorshipPartnership FirmPrivate Limited CompaniesClosely Held Public Listed CompaniesSocietiesTrustsBusiness ProfitabilityBusiness should be in the profitable state for at least 3 consecutive years.Company FinancialsComplete financials including Balance sheet and Profit & Loss statement for latest 2 years, Tax audit reports.CIBIL ScoreGood CIBIL Score (650 and above)Business Loan Key DocumentsThe following documents are required for taking Business Loan:Type of DocumentIdentity ProofAnyone of the following:Aadhaar CardPAN CardDriving LicenseVoter IDPassportAddress ProofAny one of the following:Aadhaar CardPAN CardDriving LicenseVoter IDPassportBank Statement (Bank Account Passbook updated and of recent three months)Ownership ProofProof of ownership of residential or commercial property(including parental property)FinancialsComplete financials including Income Tax Return of latest 2 years, Balance Sheet, Profit and Loss Statement, Tax audit reports etc.Other DocumentsLoan application formPassport Size photographs duly signed acrossFor more information, you may call toll-free at 1800 301 4004 to talk to mymoneymantra’s Business Loan Specialist.

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