Date: 6 Mar'09
Venue: India Habitat Centre
Pre-Interview Details: Interview was scheduled at 2 P.M. I reached at 1:30. Met a few familiar faces. Refrained from addressing anyone by name, fully aware that i might screw up with names. Three panels. 7 students each batch. 2 Profs in each panel.
Case Study: Working professional who stays in out-skirts of the city with his parents. He is facing a bitch of a commute. Was missing out on post office fun. Also was tired after he came back and was not doing anything productive. On the other hand wanted to be with his parents to take care of them. Also wanted to keep a look on his sister to prevent her from doing any "
mischief"....
This really got me interested in the case :) ....His sister asks him to move to city but he doesnt want to because he will miss home cooked food. Sister offers to come with him and stay with him. So should he move to city or not...
10 minutes were given for thinking but got extended because one of the professors took some time attending a call. Everyone was looking at each other after 5-6 minutes. Nothingmuch to think in this case. I started the discussion. Very peaceful discussion. Lots of different points made. I talked about 3 days in city 2 with his family kinda thing, getting a help from his town in city for food issue, flat sharing to reduce the cost of living in city, seeing if its feasible for hsi family to move with him, etc... Well received points.
During discussion one of the guys started talking about the "mischief" thing and that he needs to keep an eye on his sister as she is young. Another guy topped that with "
she will acquire certain traits even if he is watching her".. I was hearing laughing in my head. Girl sitting across me was actually feeling a little uncomfortable with this point. I shifted the discussion. Rest was good.
Last 10 minutes were given for writing summary.
Interview: I was called in 3rd. Profs P1, P2 and ME.
P1: So Anurag, 9.5 CPI. You topped your batch kya?
ME: No sir. Was DR 3. Batch rank around 7-8.
P1: For me still a topper.
ME:
Smiling ....
P2: So tell me Anurag what do you in your job.
ME: Work for BBY..market study.. recommendations for store assortment, taget customer group, segmentation, etc.
P1: So retail person.. Tell me the retail situation in US. Tell about your client
ME: Sir January sales are 7 Bn $. 7% growth compared to same month last year. But like for like store sales are -6%. Indicates that they are facing serious challenges. Growth in sales has been due to new stores. Also they have benefited from Circuit City's bankruptcy.
P1: Why didnt BBY buy Circuit City
ME: Circuit City was is too big and almost identical to BBY. BBY has a good distribution n/w. Problems are not internal. Customers are just not spending.
P1: So you do statistical analysis. Can i ask you a question on stats.
ME: Sure sir.
P1: Draw normal distribution curve.
ME: drew it.
P1: WHat does it represent.
ME: Probability distribution function..area under curve..etc etc
P1: So the value on y-axis is probability.
ME: yes sir
P1: Can it be greater than 1
ME:No sir
P1: How many values within +/- 3 stdev
ME: 99%
P1: So lets say std dev is .1 . Draw a rectangle around curve with 6 stddev as base (+/- 3 on both sides of mean) just touching the curve at its top. Since you are saying that value on Y-axis cannot be greater than 1, lets say it is .9 . Whats the area under curve
ME: .9*.6=.54
P1: Less than 1. But you said area under curve is 1.
ME:
Thinking...
haila, yeh kya ho raha hai...
P1: So Anurag
can value on Y-axis be greater tahn 1.
ME: A little confused, No sir, it is probability. Has to be less than 1.
P1: Ok Anurag, what is the probablity of occurence of mean.
ME: Sir 0..
( Phir mujhe chamka..Its a continuous probability distribution function. Gives probablity of occurence of a range of values..Discrete probability distribution functions have individual probabilities for events which are less than 1)...I said sir it can be greater than 1.
P1: Ok.
P1: So Anurag you worked at Inductis for 2 years. Is into financial services.
ME: Yes sir, primarily financial analytics.
P2: Where are you based
ME: Gurgaon, New York, New Jersey
P1: So after Inductis you joined Dunnhumby.
Was finding it hard to pronounceME: Told him that its from Edwind Dunn and Clive Humby
P1: So you got a pretty decent jump after Inductis
ME: Yes sir
P1: Anurag in current scenario, you know its highly likely you might end up getting less than what you get currently.
ME: Sir, not about money..value addition...will help in long term
P1: Where do you see yourselves 5 years from now
ME: Leading a team of 25-30 analysts
P1: In financial domain, you will not get to do it for along time. Life will be on a spreadsheet.Only after becoming VP will you get a chance to lead that many people.
ME: Dependent on industry and organization you enter. My current manager graduated in 2001. Currently leads a team of 30 analysts.
P1: So you wont mind coming back to your existing firm
ME: Yes sir, i wont mind that
P2: Anurag what do you want to specialise in?
ME: Sir marketing
(CFA L2 ki aatma andar se ro rahi thi...)P2: Makes sense. You have worked in that domain.
ME: Yes sir
P1: So Anurag what do you read
Me: Latest was White Tiger by Arvind Adiga.
P1: Tell me about serious literature if you ahve read any
ME: Sir i read classics in college. A tale of two cities, Jane Eyre..
(and then problem started. I couldn't recall any other. I had read a lot of classics. Just couldnt remember any)... Sir one by Fyodor Dostovosky. Cant remember the name..(amidst this confusion i did the next blunder)..sir read a lot of sidney sheldon
P1: That is titillating fiction. Am talking serious literature.
ME:
A little confused. Sir dont read much books
(Pichle 6 saal ki saari reading ko maine 1 minute mein bhula diya :( Yeh maine acchha nahin kiya )P1: Anurag we are talking of 100' s of pages of reading to be done everyday in courses and cases.
ME: Sir i can do that. academic record is a proof of that
P1: Academic record is indicative of marks. Tell me what you read?
ME: Newspaper
P1: Just front and last page
ME: No sir. Editorials also
P1: Which newspaper. What columnists
ME: TOI, jug suraiya, bachi karkaria, Swaminathan ankaleshwar aiyar, Bobili Vijay Kumar, Shashi Tharoor
P2: Ok. So Anurag what are the latest inflation figures.
ME: Sir for week ending Feb 21 its 3.02%
P2: Effect of low inflation on firms
ME: Sir they can reduce the increment offered to employees. Raw material costs will stay stable.
P2: Any change in their borrowing costs
ME: Will come down due to loe interest rates that will be there because of low inflation
P1 looking at P2: Done
P2: Yes
P1: Thanks Anurag. Best of Luck. Any questions for us
Me: Yes sir. Has there a change in profile offered by companies on campus this year
P1 answered.
Me: Thanks sir..
Good afternoon...Good afternoon...
Overall just an ok type interview. P2 will select me. I have doubts about P1.
Could definitely have done better, especially about reading question.. I have read a lot. Had i racked by brain a little there, i would have been able to mention a lot of books..(btw dostovosky's book was Brother Karamzov)
Next stop IIML on Sunday. Last interview :)
Results: I got through :) . 4th result that i checked after having cleared L,K and I