Friday, March 19, 2010

Did you get the information ?


In this information inflated era, it is still difficult to find the information you need. For example, I have been searching for loans and scholarships information about SDM in MIT. I have come across some Indian students blogs and profiles in LinkedIn. It is very much uncomfortable not to see any information on loans and scholarships they have used to pay for MIT.

The blogs and profiles are so impersonal ( rather professional !?) which keeps you drowning in the ocean of self-doubt. The blogs and profiles show off their "super man"ish quality of achievements and other stuffs, on which I start developing my inferiority complex. There are no "Thanks" for scholarships received and there are no signs of "relief" seen in getting a loan. I have assumed that they all have paid from their pocket or they found something like Design challenges or business trips from MIT is more important to post rather than to discuss about struggling with family or bank to get some support.

How do manage their kids? What kind of analysis they did before they chose SDM MIT? There is no information. Some of them are not deliberately shared, may be because:1) There is no value to it 2) These things are so trivial or basic, that everyone knows about it.

Do only rich people need to study? Many times I blame the whole system of education in India and abroad for their bias towards money. Hmmm. I will continue my search for this information and at least I should share the information to the rest of the world.

Monday, March 15, 2010

Emergence of new techno managers.



IIMC PGPEX placements: so far no good. Atleast it is not impressive to me. One of my friend's friend got placed in Tata International in a purchasing profile with 12 Lakhs PA. For me it does not seem to be a "decent" salary. Also candidates are some what scary about their future.


Pre-MBA, they have some career. Post- MBA, they have some job. That is the situation of today's one year executive MBA in India. Though they have clear aims and aspirations of what industry, what vertical and what role they want to do post MBA, the market situations are not candidate friendly. The glamour of the executive MBA programs holds good till the time the candidates gets a offer and concludes his winning journey with a blog spot titled "ADMITTED in XYZ". The actual journey goes beyond that.


The new job location post-MBA is also not of candidate's choice. I can't imagine shuffling kid's study and wife's comfort zone just because of this. Finally, who drives your career? I think it is not the degree or nor your job profile / experience. It is just the demand from the market drives your career. Nobody gives the job just because the profile of the candidate is god. Jobs are offered only when there is a need, to be selected from the large pool of applications and to the candidate who is ready to compromise on a lower salary. If one can align one's attitude in this direction, job offers will be easier to get.


7-10 years back, the equation Techno managers = Engg degree + MBA degree, was the dominant trend, where is there was no siginificant over lap ( will post in details regarding this difference) and the managers used to function in an isolated finance or some other lucrative job markets, where there was no fluid exchange of knowledge from the two spheres of their domain ( Engg + Business). They used to handle their jobs, with their own natural born talent and sharp aptitude and strong logical knowledge. Thanks to their genes/CAT/GMAT.


As the rationalization trend started in all the fields of engineering and business / management functions, where as "Multiskilling" is the key word, I propose the emergence of new techno manages as shown in the figures:







Also distance MBAs and part time MBAs will be the future of MBA education when compared to one year EMBA, as lot of international colleges have already started emphasizing on such options. Let us watch the trend in India.

Monday, January 18, 2010

Scattered thoughts..

The problem with my blogging is I have lot of information to share and I am so tired to write the loads of information and thinking. I have to write something relevant to that time and not a short story here. I think that would keep my blog running.

After millennium's longest eclipse, my mind is not clear. I am getting angry for unnecessary reasons and it takes longer time for me to recover. And ALMOST I have lost hope in Astrology that keeps telling me good signs about my higher studies etc.,

I called up PGPEX office today and got some confirmation that there will be a list released by this week. They did not tell about how many intakes would be there. Is it not too much to seek for a seat with just 630? I saw the flier released by PGPEX office for placement 2010. I felt my college flier was better than this. I think IIMB-EPGP has done some good work in putting the profiles of their students.

It is pathetic to see a dead and dull face of PGPEX website. I hope nobody is interested in maintaining this. Can this institute offer a world class education? I doubt. Also, no school is really looking for some diversity factor. I could see only one candidate from manufacturing industry for PGPEX 2009-2010 batch. Same case for IIMB- EPGP. If you think, you can leverage on your diversity factor (other than IT functions) then you are assuming something dangerous. Lower GMAT score works only if work experience is more than 15 years.

Thursday, December 3, 2009

IIM-C PGPEX interview preparation

I prepared more for arranging certificates and folders rather than the interview. While preparing for interviews due to my house owner's pressure I had to shift to a new location. It was a tedious job and I was staying in the home-made-godown (warehouse) till my wife came. I will write a separate story on my search for folders.

IIM-C short listed moment was one of the important and unforgettable moments in my life. Though I absolutely knew that IIM-A is going to be a ding, I was disappointed when the ding was officially announced. But IIM-C short list message came as a relief. I was overwhelmed. I started preparing on some basic questions like:
1. Tell me about yourself
2. What are your roles and responsibilities?
3. Why MBA?
4. Why MBA at this point of time?
5. Why IIM-C PGPEX?
6. What is your short term goal?
7. What is your long term goal?

I started reading news papers for the interview. Also I prepared for some basic calculus questions. I read some concepts about IMF, GDP, information about cities that I have lived (population, economy, political parties, generalities in people etc.,). I used to recite my answer in front of the mirror to get some confidence.

I visited the interview spot one week before and booked Hotel Ameya in Dadar West after shopping for some other hotels. The hotel is strategically located for reaching many places. Main disadvantage with this hotel is NO HOT WATER in bathroom AFTER 6 PM. But on request one will get a bucket of hot water supplied to your room.

While going for interview I made a mistake of going by taxi. But I should have preferred a government bus. Since it was a Saturday, all government buses were full. Reached hotel in the evening, had some dinner, but went to loo 2 times in between my sleep (Problem?). There was a sweet news waiting for me at 10 pm. I called my sis-in-law to check my gmail account and I was short listed for IIMB-EPGP also.

With enthusiasm, I reached the interview spot 1 hour before the scheduled time. There were some 5 people waiting. I was just doing some general chit-chat and kept my mind focused towards interview and my turn came. There were two professors and my interview started with the question about my mother tongue Sourashtra. They asked some details about the language and connection between Mahatma Gandhi and my native town Madurai. Later I understood that the prof has done a M.A. in Political science. Then the focus shifted to why I stayed in my company for 11 years and whether I could continue to work in the same company. Then there were some discussions about Tata Nano and latest developments in auto R&D.

There were some hypothetical questions such as how will you reduce the cost of automobiles, what methods do you adopt for that and Why I am not keen about PGPEX-VLM? Recession in auto industry, my company's performance in market were also discussed. In the end they asked for my certificates and they verified my marks given in the application sheet. That was the end of the interviews. Lasted around 20 mins.

I was quiet confident to get an admit by the way the interview had gone. But I did not get the good news in the first list declared on November 7 (IIM-B i/v day). Later I researched that no one for IIM-C had the real "interview". For every candidate it was like a tea-time talk. Nothing to blame. Let me improve my GMAT marks and SOP. Waiting for second list results on or before December 22.

Friday, November 27, 2009

PGSEM vs PGPX

"Reflections on PGSEM vis-a-vis other MBA programs for people with work experience in India"by Prof. DVR Seshadri The well-known MBAs in the country for people with work experience are those offered by IIM Ahmedabad (one-year PGPX), ISB Hyderabad (one-year executive MBA), IIM Bangalore (three-year part time executive MBA) and XLRI Jamshedpur. There are a host of others, some launched, some in the process of being launched, including ones by IIM Calcutta, IIM Lucknow, and many more. They all cater to people with work experience. These contrast sharply with the regular MBA programs of most management schools in the country (variously known as the 2-year PGP Program or MBA), where the participants typically have little or no work experience (although there are some notable exceptions among participants of these programs as well).Before going further, there are many semantic terminologies that prevail, that need to be clarified. Wrongly, MBA specifically tailored for people with work experience is referred to is ‘executive MBA.’ In fact, this is a grave misnomer. Executive MBA originated in the western world and is meant for people who are working, usually in considerably senior positions, who desire to get an MBA. The basic entry criteria are work experience; desire to do an MBA and ability to pay the requisite fees. In contrast, MBA for people with work experience in IIMA (PGPX), IIMB (PGSEM), etc. are considerably different in that they have stringent entry criteria (CAT/GMAT, elaborate application process, interviews, etc.) In the following I would like to restrict my comments to contrasting PGSEM with other MBA programs for experienced persons, taking IIMA’s PGPX as a specific case in point.My own personal view is that the content of an MBA program being largely oriented towards management practice, the best learning can be had in the program only if one has spent several years in the industry, and seen at close quarters the functioning of organizations. In fact that is one reason why top schools in the world typically admit only participants with some years of experience into their regular MBA programs.My own once again personal experience as a teacher at both IIM Bangalore and at IIM Ahmedabad, where I teach in various long-term programs (PGP, PGSEM, PGPX, PGPP) has been that it is much more fulfilling to teach a class wherein all the participants have several years of experience. Thus my most rewarding classes as a teacher are those in PGSEM and PGPX. Participants in these programs have made a very conscious choice to join the program, often having to make many adjustments to juggle their many commitments. This makes them much more motivated learners. They also have a great deal of ability at multi-tasking acquired through many years of industry experience, often juggling obligations at work, home, and their MBA education. Willy-nilly, they are excellent time managers. As a case teacher that I am, I find the classroom discussions in these programs much more stimulating, and many issues that I may not have thought of earlier, routinely surface during the classroom discussions. These are the truly ‘WOW!’ moments of fulfillment for a teacher, because there is a great deal of element of surprise in the process. The typical class attendance in these programs in my experience is 100%, and the preparation for class is also generally very high.Since in some sense, I have had the unique opportunity of teaching extensively in both PGSEM (at IIM Bangalore) and PGPX (at IIM Ahmedabad) for the last two years, I cannot but admire the tenacity of the participants in both these programs. While the PGSEM is a part time program, the pressures are enormous on the participants, many of who are 3 to 7 years into their careers in the intensely competitive software industry, with its uncompromising deadlines, etc. Often many participants straddle different continents, time zones, etc., all as part of a week’s work. The PGSEM folks in both Bangalore and now Chennai (through the distance education classes) have to additionally reckon with long hours on the road just to attend classes. The fact that the program is spread out over ten terms of ten weeks each (spanning about 3 years) may perhaps allow good assimilation of the various subjects. In contrast, the PGPX participants have let go of their jobs, and often shift with families for a one year ‘boot camp’ at IIM Ahmedabad, where the whole program is packed into about 11 months, including a few weeks of foreign immersion. The PGPX grind is severe, and participants in this program without doubt, are perpetually sleep-starved for the entire duration of the program. I would imagine that the same situation prevails for folks at ISB and elsewhere, in oneyear MBA programs targeted for people with significant work experience. For them however the silver lining is the placement process that awaits them at the end of the grueling year, a great incentive and icing that does not exist for PGSEM. I only hope that the placement factor of PGPX does not over the years eat into the spirit of learning which is what at least till date distinguish the MBA programs for people with work experience from the regular two-year MBA programs.Since the participants in both these programs (PGPX and PGSEM) have a lot of work experience, my experience has been that the uptake of ideas and concepts is much faster and more permanent vis-à-vis participants of regular MBA 2-year programs. I must qualify this observation with the disclaimer that this may be subject-specific. Another intriguing aspect is that a multiplicity of dimensions come into the classroom discussions, and in this sense, each case gets discussed from an inter-disciplinary perspective. For a case teacher the challenge of conducting a case discussion for this forum can be daunting, since among participants, it is not uncommon to find a country marketing manager of a large FMCG company, or bank, etc. Participants of both programs are always red-eyed, although the reasons are different. For PGSEM, it is juggling work and study. For PGPX, it is due to almost inhuman compression of learning. The compression is further exacerbated with up to ten courses in a term, and scheduling complexities, that result in considerable skewing of work loads across each term. The average work experience in PGPX is considerably more (10 years) vis-à-vis about five for PGSEM. However the two worlds converge very closely. I often have a PGPX student in Ahmedabad wanting to know if I came across his former colleague in XYZ Company, where the two worked very closely till last year!The value addition to participants of both PGSEM and PGPX (or the ISB version) should be more or less similar from my perspective. Given the spread of 10 terms, thus facilitating better assimilation in the case of PGSEM, my suspicion is that on this count, PGSEM folks are somewhat better placed (For participants of the one year executive MBA programs, it is a hurricane of courses and one class after another, sometimes as many as eight sessions a day!)A few other differences: Scope for team work / group projects (which is so essential in management education) is very limited in PGSEM as the participants split soon after class into their own worlds and only meet again the following week for their classes. In contrast, PGPX participants are intensely immersed into their management education for the period of study, cutting off all other distractions during the period of ‘sadhana.’ This creates an atmosphere wherein participants can be very focused on learning. The campus atmosphere and pedagogy deployed provide excellent opportunity for team work and for building life-long relationships with their fellow participants. Perhaps this ‘immersion’ and focus, more than compensates for the heavy-intensity bombardment of cases, concepts and courses that they have to reckon with.In fact, my guess is that networking is a very essential take-away in any MBA program. That may be very limited in the case of PGSEM since the relationships are essentially ‘transactional.’ The structure of the program does not leave scope, bandwidth or energy for group work, relationship-building, etc., as participants are essentially fighting many simultaneous fires on many fronts. This may also explain why student solidarity and alumni movement in PGSEM is very weak or non-existent, something I will address in more detail towards the end of this writeup.The participants of the MBA program for people with work experience have a clear advantage in that they have access to placements through their institutes. Their institutes leave no stone unturned for brand-building these programs. This enables their investment in the program (time, money and effort) to be a booster rocket for higher trajectory careers. However, PGSEM by its very structure does not facilitate this, as there are inter-organizational relationship issues to be reckoned with.While a PGPXer with prior software industry work experience has the opportunity of migrating out of the software industry into any other industry if s/he so chooses, PGSEMites may not have such flexibility. Awareness about PGSEM in the society at large, Indian industry in general, the software industry and perhaps within the employing organizations is still abysmally low. I have heard some of my PGSEM student alumni complain: “When I tell some senior managers in my company that I have completed PGSEM, they ask whether it is one of those ‘Reliance Web World type programs’.” When I meet a lot of my ex-students from PGSEM, they complain that their organization has not given value to their MBA qualification, and that they are essentially doing the same thing as what their other non-MBA colleagues are doing. Alas! The stratospheric salaries that make rounds in the context of discussions relating to PGP and PGPX graduates are no where in sight. With the growing numbers of one-year MBA programs that are tailored for people with work experience in the country, sooner or later, this issue of disparity will begin to bother the PGSEM graduates (I see that already happening now), and a creative solution would be needed. This would need the meeting of minds and hearts of the institute, the participants and the organizations they work in. Brandbuilding of the PGSEM program is an urgent need of the hour.I also suspect that the PGSEM program being non-residential and part time, the degree of competition for grades once into the program, is considerably less than the PGPX program where every one knows where they stack up against the rest of the class, as they run into each other all the time. This might have an important implication on learning. When competition is minimal, the efficacy of learning is purely dependent of voluntary exertions of the individual participants. However when competitive forces are unleashed, one is pushed to ‘catch up with the Joneses’ just to stay afloat, which may nudge even the more easy-going folks to exert themselves. However, from a philosophic perspective, whether or not competition aids or hinders learning is a moot issue.A final important aspect that must be addressed is that the networking among PGSEM participants, alumni, etc. is much weaker compared to what one finds with the other one-year MBA programs for people with work experience. Developing a stronger alumni network and student representation body of PGSEMites may be the first step to address some of the ironies discussed above that are only likely to get further accentuated in the years to come. Given the already stretched lives that PGSEMites (both present participants and alumni) lead, this enhanced level of alumni and student body activity may be a tall order, but nevertheless needed. Who will bell the cat?
Disclaimer: Views expressed in the piece are the author's personal views and not that of the institutes with which he is associated.
(Courtesy: http://iimbpgsem.blogspot.com/2007/11/reflections-on-pgsem-vis-vis-other-mba.html)

Thursday, November 26, 2009

Ding Analysis


Now I am well qualified to do a Ding Analysis, after getting two subsequent dings from IIM-C and IIM-B on November 7th and November 17th. Two dings in a span of 10 days. After these two dings I am not normal. I pretend to be normal and my mood is many times ON and OFF. Though I know lot of inspirational stories and bigger failures than this, but I am unable to apply my knowledge and come out of this sphere of sadness.

Well, for IIM-C I hoped everything went well. I was almost expecting an admit offer. But the bomb was dropped on the day of IIM-B interview, when I was in Mumbai at Oakwood premier service apartments . Siva sent me one SMS in the wee hours of the day, around 5 am to tell me the news that IIM-C results were out. I did not believe him and I thought he is saying about IIM-A results. I called Moorthy in the morning and gave him my full name details and date of birth to check in the web site. He too was excited to share the happy news with me. Suddenly his tone came down when he read the lines displayed on the screen. Carrying the news with me, it was difficult to prepare my mind for IIM-B interview.

For IIM-B also, I thought the interview went quite well. There were lot of cross questions about my career goals and there were lot of extempore items, which were absolutely irrelevant to assess the candidature. But B was very fast to declare the results and to clear the fog. On November 17th evening, at around 7 pm they started sending emails to offered candidates and wait listed candidates. I was refreshing my gmail account like crazy. But the holy mail did not come to my Inbox. The email did not reach me till now. I could not even make in the wait list of 40 candidates.

Hmm. I introspected a lot after these two dings. I would not say C is totally dinged because still the wait list results are to be announced on or before December 22nd. I have some 0.0001% of hope that some luck would favor me in getting in to IIM-C. I feel my GMAT score 630 is major culprit. A quick analysis of the limited information available on the selected candidates profile shows that the GMAT score was almost arraned inn descending order starting from 750~770. Alas! Where I am standing when I compare my marks with such high scores? Agree or disagree, our fate is completely decided by some four or five basic mathematics and English questions.

People in India, who are the victims of the population disadvantage mission, will understand this important fact. One has to compete with 10,000 people for everything in India. Either it is a college admission or using a loo in public.

I think my next weaker point is my SOP. I completely agree with this point. Though I have spent considerable time in making this for IIM-B, I made it in 1 day for IIM-C, which is my first SOP in my life. I think it is vague and it talks more about my current and past position and it fails to highlight , rather I would say pinpoint my future goals and strategy to achieve them. If I would have read http://www.thejaguarpaw.blogspot.com/ then I think I would have written a better SOP. I am convinced with my mistake here. But why I have been short listed for interview? The game for short listing is entirely different. A very lenient logic is used to short list candidates for interview for B & C, since the candidate has to pay for the application fees. To give some consolation to all the paid candidates a not-so-rigid approach is followed here.

I am sad that my experience, industry sector, post graduate degree and recos, nothing did help in the whole process. With my limited knowledge and introspection I have boiled down my analysis to GMAT score and SOP. Also interview score is the cumulative score that will be added to your profile score. Before interview itself, 90% of the candidate's fate is decided, I would say. I will write a separate post for B and C interviews.

Thursday, November 19, 2009

My first IIM Journey-Untravelled

Out of uncontrollable enthusiasm, and with pseudo confidence I applied for CAT 1998 along with my senior. I was very confident that I would clear the exam. I was so naive that I did not know that people are dying to prepare for it and get into some IIM. I got the hall ticket . As there was no centre in Aurangabad, we had to travel to Pune to write the exam. But just before the date of the exam, I cancelled my plan of going to Pune to write the CAT exam to get in to some IIM.

But after some jolly good 11 years, in the same Pune city, I wrote my GMAT, to get in to some IIM ( Read : Only A, B or C). D.E.S.P.E.R.A.T.E. Though my intention of journey started in 1998, I am making all the preparation only now to board the train. Like all the meticulous planning one would make to catch a Indian train, my journeys is also filled with lot of planning and the lack of it.

Let us move on!