Affichage des articles dont le libellé est IIMA interview. Afficher tous les articles
Affichage des articles dont le libellé est IIMA interview. Afficher tous les articles

samedi 20 avril 2013

IIMA interview experience

My interview experience for IIMA (date: 8th March, 2013):

WAT Topic: No country can develop unless its citizens are educated (pretty easy to write, I believe)

There were 2 professors, one slightly old and another very young (P1 & P2):

The interview started with they asking me explaining my current role - they were slightly confused about my exact work profile. Then it moved to me explaining my previous job in detail

P1: So tell me about your job duties in greater details.
me: Started with my first company..told whatever was written in form

P1: So what do you mean by supply-chain
me: Sir, my key responsibility was...

P1: I am not asking about your key responsibility..how would you explain supply-chain in theoretical terms
me: Ohk, it means (answered)..

P1: So it has a lot to do with cost optimization
me: I said yes and also about on-time in-full delivery

P1: That also means reducing costs
me: I said yes (though it was not true)

P1: Ok, what were the main challenges
me: Told them..

P1: What did you do to solve them?
me: told them one point

P1: Don't tell me all this about meetings etc. Tell me some fundamental change that you did
me: told them a fundamental change in strategy

P1: Ok, so how did you decide where to store inventory given the problem you faced
me: It depends..given the problem I faced it makes sense to store it as lowest node

P1: Really (in a sarcastic tone)? What will be the adv of storing it at the lowest node
me: told them one point

P1: Didnt agree - gave me 2 counter arguments? Tell me fundamentally how will you decide where to store inventory?
me: I started the answer in middle of his sentence (cut short by P1 in between saying that I am not letting him complete - viewed as negative)

P1: Forget it..
me: Sir, just listen to me..blabbered one or two words

P2: So moving on to a different topic. What is CAD
me: answered. told them in india it is because of oil and gold

P2: What are the ratio
me: Answered something, which was wrong. though he didn't object

P2: Do you agree with the Facebook IPO and its valuation
me: Well I fundamentally dont agree. A six year old company to be valued at 100 billion dollars

P2: On what basis can you say that. What was the RPU
me: Sir, not sure about RPU. P2 explained
me: Ok, at the time of IPO, I guess Revenue was 1 billion USD. 
P2: I guess you are talking about quarterly earnings. I told them, could be as I am not very sure
me: Sir, the revenue to valuation ratio was 1:100, which is too high
P2: What is the corresponding number for your industry. Told them. He nodded in agreement

P2: Do you agree with such young entrepreneurs receiving such hefty amounts.
me: Told them with many examples in support. P2 nodded. P2 looked happy. Over to P1 now

P1: So what does your degree mean (VLSI and microelectronics)
me: explained

P1: what are the advantages of such large integrations (billions of txs in a small space)
me: Told them

P1: Why was it not done earlier say in 70s. Was it a problem of material science, physics or something else.
me: Told them something..explained in little more detail on prodding

P1: But still why was it not possible in 70s. 
me: technology was not advance that time. The second reasons could be

P1: You didn't answer me the first reason itself. I thought you studied it for degree and should know that much
me: Sir, I am sorry but I am not sure why the technology was not that advance. Gave a few complications in the technology and how it is not as easy as it sounds.
me: Gave 2 more reasons, which P1 nodded

P1: I am done. to P2, do you want anything more
P2: No Sir, I am done
me: Sir, can I answer that question on supply-chain.
P1: No, I am not interested
me: Thank you
P1: collect your toffee
me: Sure Sir. Thank you!

Walked out.

Important tips:

1) Relax during the interview. Keep your mind blank before entering the hall.
2) Listen to profs first. Don't rush in to your answers. I committed this blunder. 
3) The profs are mostly looking for theoretical answers. Be sure to research theoretical concepts related to your work.

Result: Made it to IIMA