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How's your IIM 2019 interview experience?

Here is my IIM K interview experience! Its a bit long so please be patient while reading.AcademicsClass 10 - 92.86%Class 12 - 94.20%BTech, EE - 81.70%18 Feb 2019 at Hotel Radisson BluThere were 2 male panelists (both from Finance Dept) shown as P1 and P2.P1: So Saloni! How are you?Me: I am good sir.P1: You belong to Agra. Okay tell me, if I had only 1 day to visit Agra, what all places would you recommend?Me: Sir, apart from Taj Mahal, you must visit Fatehpur Sikri which has palaces of Akbar and his queens, Tansen’s house, Dargah of Sheikh Salim Chisti and Buland Darwaza. Also, you can visit tomb of Akbar at Sikandra and the Agra Fort.P1: So, was Agra ever the capital? Or was it always Delhi? I am confused!Me: Sir, the slave dynasty rulers had their capital at Delhi but Sikandar Lodhi found Agra,liked it and shifted his capital there. Babur captured from him so he, Humayun and Akbar had Agra as their capital. Later, Akbar changed his capital to Fatehpur Sikri and Shah Jahan shifted to Delhi again.P2 : So, you have been born and brought up in Agra?Me: No sir, actually I basically belong to Allahabad but my father is currently posted in Agra.P2: Okay ,tell me what should we discuss now.. Agra or Allahabad? Its your choice.Me: Since we have already discussed something about Agra..we can go for Allahabad.P2: So you wanted me to discuss about Allahabad!Me: (Smiling) No sir,nothing like that!P2: asked about new name of Allahabad and some questions about Yogi Adityanath (couldn’t explain the reasoning behind nickname Yogi)P1 : I see you are studying in Ahmedabad! Why so far? You have such good marks in class 12, you could have gone for some good college in UP itself.Me: Yes sir! I would have. Infact I got admission in IET, the best college at UP state level but I wanted to join a national level college so I took admission in IITRAM.P1: Oh! You left IIT ( misunderstood for IET) for IITRAM? That’s contradictory.Me: No sir! IET is state level college at Lucknow. I did manage to get an admit in Mathematics and Scientific computing at IIT but I wanted to go for core technical field.P1: If you were so passionate about electrical field, how come you want to study MBA?Me: Sir,I believe I have learnt the basics of technical field in past 4 years…(interrupted)P2: Have you really?Me: ( Half expecting the dreaded technical discussion to start) I believe so sir (smiling). Apart from that, I now want to broaden my skill set and learn other skills like management, leadership etc. which I think MBA would provide me.P1: So where do you see yourself 6 years down the line?Me: After pursuing my MBA for 2 years, I would like to work in a challenging job role in an esteemed company.P1: No,no! That’s a very generic answer.P2: (grumbling) So you have no goal in life!P1: Tell us, what Saloni would really like to do in future.Me: (Smiling) Saloni would probably like to work in Google because of its amazing work culture and its primary focus on improving lives of people instead of just counting profits.P1: Okay! So suppose, Sundar Pichai sends you an offer letter at some senior managerial post and you get admit from IIM K as well. What would you choose?Me: Sir I would first like to complete my education …(again interrupted)P2: Come on, we are not so stupid to believe that you would come to IIM K.Me: Sir, currently I am a B.Tech. student and inspite of that if Google wants to recruit me at managerial level, I must be having some commendable skills. But if we think of long term, I would be needing managerial skills to sustain my post. Of course, I could probably earn that by experience too but I prefer case study approach of IIM K where I can learn the reasons of success and failures of certain business models.P2: Can we see your CAT score card?Me: Sorry sir! I dont have it in my file. I can bring from outside if you want.P2: (Angrily) No first tell me, why didn’t you bring it? I clearly mentioned bring all your important certificates. Guy before you didn’t bring it either. I want to know the reason.Me: Sorry sir! Actually I was informed that interview panels are never told our CAT score. (which is probably the reason it is not mentioned in the personal data form, I remembered later). They just want to judge you based on your personality and past academics to see if you are fit enough to tolerate their academic rigor.P2: And who told you that? What would he know?Me: Umm… Sir actually he is my senior currently studying at IIM L. That’s why I thought I should probably maintain the norm.P2: (Mumbling) You chose to believe him. You think we dont care at all, fine wont.Me: Sir I will definitely remember for the next time.P1: (Smiling) Even if you would have brought it, we wont have probably seen it. Don’t worry about it.(Flipping the file, comes across my poem)P2: (Reading the title) As I sit and ponder… What’s this? Sounds philosophical.Me: No Sir! I like writing poems combining the current issues with metaphors from natureP1: This is really good.Me: ( Smiling) Thank you sir.P1: I am talking about your poem not your performance.Me: ( Kept nodding and smiling)P2: Thank you! You may leave.I started readjusting and aligning my chair but they told me it was not needed.Remarks : I don’t know about the results but I am super happy that I actually managed to sail through the long interview without single question from Engineering :D and got appreciation for my poem without even mentioning it myself. Other students from my panel came out sweating and grumbling about grilling. Waiting for the final results (Fingers crossed).VERDICT : CONVERTED

Why did India block Facebook's Free Basics program?

Its going to be a bit lengthy. please bare with me :)Let's begin with some numbers. Industry estimates suggest India had 375 million Internet users at the end of October 2015, a number that was supposed to touch 402 million. Facebook has over 130 million users from India that log in at least once every month, which translates to roughly one in three connected Indians who access Facebook. If you throw in the more than 100 million monthly active users WhatsApp has in India, the number of users of Facebook-owned services is even higher — assuming there are many people who use WhatsApp but don't have a Facebook account.With Free Basics, Facebook said it wanted to bring more unconnected users online. At a town hall held at the Indian Institute of Technology (IIT) Delhi last December, Zuckerberg said Free Basics had already brought 15 million users online, of which a million came from India. And that's not all — he claimed half of people who came to Free Basics opted to pay to access the whole Internet.FB founder Mark Zuckerberg has argued that developers get to offer zero rated services through Free Basics. But access to mobile internet is more than connecting with social media. It can change and save lives. But just how far is Free Basics free or basic? Is it for the common good or just another virtual money making plan? Is profit the motive or welfare? Let us examine the pros and cons of Free Basics to assess if it is a hit or a miss.Pros1. Free Basics provides essential services: While many people use social media and the internet for entertainment, access to mobile internet can better lives. From times of civil unrest to natural disasters, social media platforms such as FB use the power of connectivity to find survivors and raise money for aid.2. Technology and internet create a powerful impact: Technology and internet can scale impact at a rate never noticed before and the power of connecting persons who want to take action is further enhanced through initiatives such as Free Basics.3. Affordable internet connectivity is a basic human right: Through projects such as Google Loon has been created to relieve victims during natural disasters, Free Basics offers the benefits and opportunities that other initiatives lack.4. Internet connectivity for more than a privileged few: Free Basics aims to expand the coverage of internet rather than be motivated by profit. This is noteworthy5. Cause of the common man: Free Basics seeks to uphold the cause of the common man and promote internet access for everybody and not just a select few.Cons1. Why would a company not want personal gain?: Facebook is aiming to get more users to login across the world, provided that Facebook app is one of the limited series that are part of free internet connection it aims to provide. Facebook attempts to connect the world for selling user data to advertisers worldwide through Free Basics.2. Lack of internet connections is not a serious problem: Lack of internet connection as a first world problem has been discussed by no less than Bill Fates, who feels that while improving lives, more basic things need to be addressed first such as child survival, child nutrition and access to potable, clean drinking water. Close to 768 million people had no access to clean water in 2011. Having a 3G signal on a cell phone should hardly be the priority.3. Full internet needs to be provided at prices people can afford: Privilege private platforms cannot be used to provide limited benefits for a chosen view. Free Basics raises questions about data privacy, global economics and net neutrality.4. 100 crore campaign to promote net neutrality: A 100 crore campaign has been unleashed to promote the idea that Free Basic is a gift for the Indian poor from FB. Moreover, FB is using the generic phase free basic internet in complete contradistinction with the notion that it is a private, proprietary platform which is a blatant violation of Indian rules on advertising. This is because generic worlds cannot be used for products and brands. Neither does FB pay taxes in India nor is it within purview of Indian law. Placing Free Basics in their hands is like giving them power they do not deserve.5. Rehash of controversial Internet.org: This initiative is just a reworded rehash of the controversial internet dot org floated earlier by FB. FB and India’s leading company Reliance, which is the sixth largest mobile service provider have joined hands for providing this free data services limited to just a few websites.6. Silicon valley seeks to subvert the state: Noted commentators on technology have discussed how Silicon valley seeks to subvert the rights of the state, promising people connectivity, transport and other facilities which they have no intention of delivering for free, unlike the state. Internet connectivity instead of education and private taxis in the place of public transport point to the hidden, mass scale privatisation of what should be public services7. Privacy concerns: Internet monopolies are being paid with data because personal data forms the essential currency of the online economy. Data as commodity is prized resource of the 21st century and FB as well as Google’s model is based on monetising this personal data. Consider that FB generates USD 1 billion from Indian subscribers which pays no taxes in return.8. Free basics is far from free: Free Basics is only a version of FB and is for those websites and services willing to collaborate with its proprietary platform. Consider that there are 1 billion websites and close to 3.5 billion users of the Internet which can become a powerful force for chance. This would stop if telcos become gatekeepers and this is what net neutrality is all about. Health demands doctors and hospitals, not a few websites in FB. The same holds true for education. Internet cannot become a substitute for schools and colleges.9. Regulating price of data: Free Basics has connected only 15 million people in different parts of the world so far. In India there are 60 million people joining the internet in past 12 months and close to 300 million mobile broadband users in the country. Another 600 million mobile subscribers need to be provided internet, according to estimated figures. Free internet or fill internet at prices people can afford would be a better option than FB’s Free Basics. This is because the main barrier to internet penetration is that India has expensive data services. This caused high price of data in the nation and leads to lowered internet access for the poor and those not financially well off. Free Basics is just a privilege platform attempting to take over the Internet.10. Just another digital divide: Free Basics also provides just another kind of digital divide rather than connecting people. FB does not equal internet. Free Basics would have us believe otherwise. Silicon Valley is exploiting space and the internet to extend its frontiers through this initiative.ConclusionFree Basics is not at all the solution that India needs right now. With cost of data being high and privilege platforms seeking to encash on billions of subscribers in India, Free Basics is just another wolf in sheep’s clothing. This internet platform seeks to capitalise on the lack of internet penetration in India and promote the cause of FB and its associated companies. It is certainly not a gift for India’s public to access internet at a reasonable rate. Will net neutrality become a crisis point? Can people see through Free Basics in time? Hopefully, the answer to those questions is yes or India’s digital divide will never be bridged.want to write more but its lengthy already.. will add on further, with comments.cheers :)

What is the difference between data analyst and business analyst?

Business Analyst is generic and role varys from company to company based on their nature of business or even on project level.I am writing this as a first hit so that we 14 people can refine based on our discussion.First step would be to understand the term Business AnalysisBusiness Analysis is the practice of enabling change in an organizational context, by defining needs and recommending solutions that deliver value to stakeholders.- IIBABusiness analysis is a research discipline of identifying business needs and determining solutions to business problems- WikipediaSo this Business analysis as task could be perform by anyone from Developer to Project ManagerSecond Step would be to understand the main roles of Business analyst and Data analyst in generic termsBusiness AnalystsThe Business Analyst is an agent of change. Business Analysis is a disciplined approach for introducing and managing change to organizations, whether they are for-profit businesses, governments, or non-profits.Business analysis is used to identify and articulate the need for change in how organizations work, and to facilitate that change. As business analysts, we identify and define the solutions that will maximize the value delivered by an organization to its stakeholders. Business analysts work across all levels of an organization and may be involved in everything from defining strategy, to creating the enterprise architecture, to taking a leadership role by defining the goals and requirements for programs and projects or supporting continuous improvement in its technology and processes.- IIBATo keep it simple according to me would be- Elicit, Analyze and Define Requirements- Define and Validate the solution - This can be done along with the help of different project members like technical team etc. Even while presenting a solution Business Analyst does not need to go too deep in Technical Aspects, these are handled by Technical personnel. Business Analyst present the solution at a conceptual level or may describe on architectural level certain technical aspects.Data AnalystAnalysis of data is a process of inspecting, cleaning, transforming, and modeling data with the goal of discovering useful information, suggesting conclusions, and supporting decision making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, in different business, science, and social science domains.Third Step would be based on roles the skills and knowledge requiredBusiness Analyst - Communication, Analytical thinking, Domain Knowledge, Generic technical Knowledge, Problem solving skills,Decision solving skills, Managerial Skills,Negotiation and Persuasion Skills.Data Analyst - Data analyst also needs similar skills with some additional skills like to analyze data like SQL, DATA mining, OLAP, Reports etcConclusion-From the First Step - Business Analysis as a task can be performed by the Data Analysis particularly during the initial stage when the Data model, Data analysis model and Presentation model are defined. In the Initial stage, when models are defined, we always start with understanding the Business problem. Business User needs which data in what format, when do the need it and why they need it.So in a company there could be a scenario for Data Analyst where the Business Analysis and Data Analysis task can be performed by a same person, that person should possess skills required for Business Analyst or Data Analyst (They have created a profile called Business Analytics or BI analyst) or it could be divided in form of two roles which are Data Analyst and Business Analyst.(Which seems to be more popular in Indian IT industry )From the Second Step - Business Analysts seems to be operating more on a strategic roles and is generic in terms of solution design for a business problemData analyst seems to also operate on operational level constantly operating on Data to understand the problem areas, monitoring data quality , report etcFrom the Third Step - Data analyst needs specialized data analysis skills and knowledge like SQL , Data mining , Tool knowledge etcData analyst comes under roof called Business Analytics whichdata warehousing, business intelligence, enterprise information management, enterprise performance management, analytic applications,monitoring and governance, risk, and compliance.So data analysis can also be be part a broader profile.Note -Business Analytics and Business Intelligence (BI) are two terms heavily used when people are talking about data and what it can do for their company. Some people use these terms interchangeably, some strictly distinguish between them. Some (IBM [6], SAP [7]) consider business intelligence as a subset of BA, others [8] [9] think the opposite.There are many different opinions. For example, research Defining Business Analytics and Its Impact on Organizational Decision-Making [10] conducted by Computerworld says “Business intelligence (BI) is an important aspect of an organization’s strategic framework. But what is beyond BI? Some indicators point to business analytics, a progression from BI, as the next step. Business analytics is predictive as well as historical, which requires a cultural shift to the acceptance of a proactive, fact-based decision-making environment, providing organizations with new insights and better answers faster… Through this research, we can see that IT and business professionals mainly align business analytics with BI products. In fact, more than half of respondents (54%) cited BI as the category of products that first comes to mind when they think of the term “business analytics”.”What is Business Analytics? - Matouš HavlenaJob RequirementsHere are few job requirement for a data analyst that will provide you some perspective about the profile.Opening 1 (It is completely technical)Experience with Oracle applications, order management, service contracts, and TCAWorking knowledge of data quality measurements, total quality management, data entry improvement, and user requirement gatheringProficiency with office software like Excel, Access, and WordKnowledge of relational databases and familiarity with statistical packages and analysis techniquesAbility to manage change processes and measure cost and benefits of data qualityAbility to detect and correct errors within a databaseExcellent problem-solving skills for data management and continuous process improvementOpening 2 (It is completely technical)Daily Operations Identify problematic areas and conduct research to determine the best course of action to correct the data Analyze and problem solve issues with current and planned systems as they relate to the integration and management of data (for example, review for accuracy in record merge, unmerge processes) Analyze reports of data duplicates or other errors to provide ongoing appropriate inter-departmental communication and monthly or daily data reports Monitor for timely and accurate completion of select data elements Identify, analyze, and interpret trends or patterns in complex data sets Monitor data dictionary statisticsData Capture In collaboration with others, develop and maintain databases and data systems necessary for projects and department functions Acquire and abstract primary or secondary data from existing internal or external data sources In collaboration with others, develop and implement data collection systems and other strategies that optimize statistical efficiency and data quality Perform data entry, either manually or using scanning technology, when needed or requiredData Reporting In collaboration with others, interpret data and develop recommendations based on findings Develop graphs, reports, and presentations of project results Perform basic statistical analyses for projects and reports Create and present quality dashboards Generate routine and ad hoc reportsKnowledge/Skills 1-5 years of experience Technical expertise regarding data models and database design development. Understanding of XML and SQL Proficient in Statistics, MS Word, Excel, Access, and PowerPoint Experience using SAS, SPSS, or other statistical packages is desirable for analyzing large datasets Programming skills preferred. Adept at queries and report writing. Experience in data mining techniques and procedures and knowing when their use is appropriate Ability to present complex information in an understandable and compelling mannerOpening 3 (Combination of technical and domain knowledge)The Quantitative analyst will work in the Fixed Income team in the Global Analytics department focusing on performance attribution analysis and other investment Analytics. Knowledge of Fixed income and business combined with quantitative skills and the ability to work under pressure and handle multiple tasks in a fast pace environment is required. Good written and verbal communication skills and inter-personal skills are expected as the analyst will need to interact with users of different levels widely throughout the firm.Key Accountabilities: -Ability to work well in a team as well as independentlyHands-on, advanced experience in using Excel is a must.Technical skills, including knowledge of SQL are a must.Hands-on experience of working with large sets of data is highly desirable.Specific knowledge required: -Good understanding of the US and Global Fixed Income markets.General understanding of performance and performance attribution from the US and global perspective is required.Position Summary: - This is a very hands-on role and the analyst will be responsible for the timely availability and quality of the attribution reports, investigation of data and attribution issues provide fixed income analytics support, and work on other quantitative projects.Specific position related exp: - This person will help with a lot of coordination of day-to-day operation of the fixed income quant teams and will eventually be involved in a range of multiple projects quantitative, reporting, and data related - both internal and external to the department with focus on testing, and spec and data gathering. Role primary focus is attribution approval and data investigation related to it.Followup questionsDifference between Business Analyst and Business AnalyticsDifference between Data Scientist and Data AnalystScope of business analysis in a Analytics projectCC ‎Yair Livne (יאיר ליבנה)‎ if you have time join in the conversation or review.

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