Monday, February 2, 2015

IIFT Interview Experience MBA (2015-17)


Name :- Ashish Mishra (B.Tech, CSE, Fresher)

Date :- 02.02.2015 (Morning Slot)

Venue :- IIFT Kolkata.

Going into the first GDPI Process of the MBA Season, I was filled with nervousness and anxiety. Reached the Venue well in time. Friends do keep an Identity card along (PAN, Driving License, Passport, Voter Id) and all the documents.

We were seated in the Conference Room. A total of 30 people were called in the slot with 10 candidates in each group.

The professors came in at 9 AM Sharp and spoke about the the whole process. WAT was to start from 9:10 AM.

WAT :- "Eliminating Female foeticide in India". Wrote some good points raised issues like dowry, compared the states with best and worst gender ratios and how do they differ in socio-economic development, female literacy lingers at approx 65% while male literacy is at 85% , increasing focus on girl education, "Beti Bachao Beti Padhao" project.
Duration :-  (20 minutes)
Overall satisfied with my essay.

GD :- "India will surpass China's growth rate : Mirage or reality"

Everybody got 1 minute to speak individually at the beginning before it was open for group discussion for another 20 minutes. It was an engrossing discussion with no fish market scenario. Chipped in with 6-7 points in between. It was getting better for me :)
Duration :- (1*10+20)

PI :- 3 Panelists, P1 and P2 were Professors while P3 was an IAS Officer.

There was a problem initially they mistook me for another guy who was absent and was slotted to come before me. Told them about it and then they came out with my CV Form. They needed time to scan the form so my PI began.

P2 :- Tell me about yourself.
Me :- Spoke for about 30-40 seconds when P1 cut in.

P1 :- Your scores fell in XIIth and again rose in Graduation. What happened.

Me :- Told, was focusing more on JEE Preparation and admitted my immaturity and spoke about improvements made in Grad and justified it well.

P1 :- Tell me why IIFT

Me :- Told convincingly

P2 :- Why IB.

Me :- Told about the value addition that Internationally oriented subjects provide alongwith the regular subjects. I had mentioned Finance as my interest hence told them that apart from regular Finance IIFT (IB) Course offers International Finance which is something that no other degree provides. They looked convinced.

P3 :- Your father is a lawyer, tell me where does he practise.

Me :- Calcutta High Court

P3 :- Who is the Chief Justice of Calcutta High Court

Me :- Told and also added she is the first woman CJI of CHC. (Luckily I had asked a friend Nitin to search for her name just 5 minutes prior to the interview on his phone).

P3 :- Who is the Chief Justice of India.

Me :- Told.

P1 :- What kind of cases does your father deal with? (Had written my father as my inspiration for pursuing IB)

Me :- He deals with NPA related assets and their recovery for Banks.

P2 :- What is NPA?

Me :- The professor gave me a strange look but I was prepared for this, answered and explained it to the detail, he said Good (First of many in the interview :))

P3 :- What is the process of debt recovery?

Me :- Sir after declaration of NPA for an account legal proceedings are initiated and a Suit is filed in the DRT. (I knew everything in detail because I had worked closely with my father around 3-4 years back on many cases doing all the paperwork).

P1 :- What is DRT?

Me :- Debt Recovery Tribunal which are special fast track courts set for this very purpose. (Good! Again :) )

P3 :- After a matter is settled at DRT without a favourable judgement what is the next step.

Me :- It is sent to the DRAT.

P3 :- What does it stand for.

Me :- I did not know that and hence told. P3 asked me to guess and helped me to arrive at the answer.

P3 :- What is SARFAESI Act.

Me :- I do not know the full form of the acronym but it is an Act which is used in DRT in cases where Debt Recovery is to be done. He told me the Full form and asked me the year, I knew that (2002).

P3 :- Tell me what is the thin line between confidence and over confidence (I had written it in my weakness)

Me :- Answered, was prepared for this. P1 and P2 nodded and looked satisfied.

P3 :- So you are a student and a Part time QA Faculty and also a business Quizzer?

Me :- Yes Sir.

P3 :- Who is the MD of Tata Group

Me :- Sir they do not have an MD but a Chairman and Cyrus Mistry who was previously with Shapoorji Palonji is the current Chairman and Boss. P3 (Very Good!).

P3 :- Who is the MD of L & T?

Me :- I cannot recall his name at the moment.

They informed that the interview was over. It lasted not more than 7 minutes. No questions on acads, project, internship though I was quite prepared for those. The interview did not last very long which is why I feel a bit anxious about the PI. Hoping for the best.

Whether I convert it on not will be a story for some other day. All the Best to the rest of the candidates.

My Advice :- Know yourself well, be thorough with your CV form and read everything about the person who inspired you to pursue a career in BM. Some people were asked questions on current affairs like NITI Aayog, Swach  Bharat, Jan Dhan Yojana so prepare well. People with work-ex had questions on their company, CEO, type of work, etc. Some Freshers also had questions from their academics and Final Year Project.