‘ MBA ’ category archive

Surprise…

April 08, 06 by Bharani

Well…Thought that the internet connection cannot be established after formatting my laptop..But to my surprise the wireless connection is working…So will make one final post reporting the graduation day ceremony from ISB, before I finally leave on 9th morning 5:00 a.m….

I missed my blog for 4 full days….found it tough….

Bye-Bye I-12

April 04, 06 by Bharani

This will be my last post from ISB…I will end the journey here…

I will definitely try to blog further, though not as consistent and frequent as now…

Good luck – class of 2007!

April 04, 06 by Bharani

Wishing the batch of 2007 good luck. Whatever you do, don’t freak out yourselves. At the end of one year, you will realize that many things that you took upon yourself very seriously isn’t worth the pain. As every outgoing batch said in the past, I repeat…”This will be one of the best years in your life. Enjoy and savour it….An experience which will be enriching in all ways – intellectually, emotionally, professionally….”

I will be based in Hyderabad after ISB. I will be joining on May 2nd. So, anytime, if you need an ear to listen to your achievements, need any advice to your problems, need any assistance professionally please feel free to ping me at bharani@gmail.com. I will do whatever I can within my limits.

I am not coming for Orientation week, as I prefer to spend the 20 odd days that I have with my parents and visiting places…

Good luck and godspeed Batch of 2007…

Dear class of 2006…

April 04, 06 by Bharani

Dear Class of 2006,

You don’t know how you have affected my life positively in various ways….It has been an amazing ride all through the year…I am privileged and honoured to be among this awesome group…As we venture into new realms, I am sure we will cross each other at various stages of our lives in different ways…So I am not going to say “good bye”…

Let the fellowship last forever…

Three cheers to the class of 2006!!!

Cheers,
-Bharani.

Hangar for Graduation ceremony…

April 02, 06 by Bharani

Around 1400+ people are expected to attend the Graduation ceremony on April 8th. The Atrium in ISB, though big, cannot accommodate such a huge number of people. There were rumours couple of months ago that the graduation day ceremony will be held at Gachibowli Football stadium. But many students were against the very idea of that. After all, what better way than getting that coveted paper within the confines of ISB…So, the powers that be in ISB decided to erect a huge Hangar to accommodate the event and the people. The construction of the structure is underway and is almost complete. The entire structure will be air-conditioned! Word is that the total expense related to this structure alone is around Rs. 15 lakhs…Fee paid by a single student…So, I can say “I am sponsoring the structure” :)

ISB in the News!

March 31, 06 by Bharani

There was a sizzling news item in Today’s Economic Times about ISB. Attached below is the press clip.

ISB grads rake in $200,000 packet

• Dollar Dreams Hit New High

VIVEK SINHA, NEW DELHI

THE B-school moolah route has hit a new high this year. Five students of the Indian School of Business (ISB), Hyderabad, have been offered $200,000 plus (about Rs 1 crore) pay package. This is just the floor level. While the figure is one of the highest ever, the fact that as many as five students from one batch have been offered such a package is unprecedented in the history of ISB.

You would be surprised to note that chief marketing officers in America earn base salaries of that level, and here we are just talking about MBA grads out of India. To be fair, these are lateral placements, and so these students are not 23-year old fresher who have bagged such a deal.

Though exact figures are still under wraps, it is believed that at least one of them could have even been offered more than the all-time record in India clocked by an IIM-C grad five years back — $225,000 per annum.

ISB spokesperson declined to confirm or deny the news saying: “We will be making a public announcement about the placements this year next week.”
—-

To my knowledge there is only partial truth to this news. May be I am ignorant! But the issue here is not about the news, it’s about the media’s intention about the news.

I wonder how “word-of-mouth” news about placements can be published just like that without proper verification. Media people are clearly after selling “hot” news without verifying if the news is authentic or not-authentic. The situation is same in all countries especially as far as B-schools are concerned. I can see this news in two ways…Either there are some people in ISB who are providing “insider” information or News reporters are trying to hype the situation and setting up the institute for failure! To be honest, I am fed up with these kind of “Highest salary 1 crore” (The figure which is apparently a result of B-schools converting the GBP/EUR figure into Dollars and then into Rupees, each at the highest possible exchange rate at any point of the year!!!)…Phew! There is much more about B-schools than just placements or salaries….

PS: Couple of weeks back, I mentioned that 25 odd people are jobless and searching for their fit. The situation has vastly improved with many of those people getting a job offer according to their requirements. One of my friend in that 25 group, now has 4 offers to choose from ! It’s just the question of time….Patience is the key!

Ah! There comes the finish line…

March 30, 06 by Bharani

Completed my final assignment in ISB. The classes are done. I have now officially met all the course requirements and have majored in Strategic Marketing and Information Technology. Now, I can proudly calll myself as “MBA” (or “equivalent to MBA” for the purists!). :) It would be tough to hold back my excitement when I get the certificate duly signed by the deans of Wharton, Kellogg, London Business school and ISB. Was this experience worth it? Have I transformed in a positive way? Have I acquired sufficient entrepreneurial and leadership qualities? Will I bring about positive impact to my professional life, personal life and society? Right now, my mind is numb…Sometimes, I have this empty feeling when I try to think what have I gained from this programme…The change has happened beneath the conscious layer of mind…So, the important changes might be latent for quite sometime, before it reaches the melting point and shows up….As always, Time will answer. But I can definitely say that I am a satisfied customer as of now. How much value I derive from the product depends on my usage preference. Unlike the electronic products which lose value exponentially, this one increases in value exponentially…It should and it would!

In 9 days time, I will get the complete ownership and title for my investment. The biggest investment that I have every made in my life…[16 lakhs + Opportunity cost]. I know it’s ’sunk costs’, ‘non-recoverable’ etc., I would see this as a strong foundation…just like the strength of foundation is determined by the depth to which the pillars are ’sunk’!

Now only the exit formalities remain. There are some ‘pending’ items in “TO-DO” list. Will try to get it done asap.

ISB Blogs – My list!

March 28, 06 by Bharani

My attempt at ranking the blogs of my colleagues at ISB. A tribute to the fellowship :)

Consistency of Blogging, Content, Style, Informational value, Entertainment, number of visitors, bringing in new traffic etc., (not necessarily with same weightage)

My ranking: ISB Blogs [Batch of 2006]
========================


1. Vijay Mulbagal


2. R Ramkumar


3. Raghini Rarajam


4. Ankur Warikoo


5. Amit Sharma


6. Ford Perfect


7. Ramakrishnan A

Other blogs that I enjoy much, but couldn’t differentiate:
Chandrashekar Vattikutti
Anoop Vijayakumar
Vaibhav Fadnavis
Venkatesh Adavi
Vineeth Kumar
Alok Srivastava
Girish Krishnan
Karthik Ganesan
Karthik Ramachandran

Something…to think about!

March 27, 06 by Bharani

There has been quite a few cribs that went around about the ‘information asymmetry’ or ‘informational advantage’ exploited by some of my colleagues in ISB.

First and foremost is the Academics. Thought I don’t want to name any particular person or any particular incident, I would like to make a point on the “Transition of notes” from previous batch students to current batch. The academic curriculum in ISB is more or less same every year (It’s the same case with every institute/university in the world). So, Possessing the notes/solutions from previous batch in fact provides the person with ‘unfair’ advantage. Though this definitely hampers the learning, this serve the purpose of getting good grades! (Yes, incentives for getting good grades is high for some career-aspirants). The onus is largely on the outgoing batch to maintain the decorum. When there is no supply, demand will be automatically curbed!…But given the fact that there are some close friends who enjoy the alum-student relationship, this cannot be completely curbed…In my opinion, incoming students who will be future business leaders, should keep out of this definitely….The pressure and stakes are so high that some students go to any extent for getting good grades. Though, we have a strict ‘Honour code committee’ in ISB [wherein the punishments/penalties are very severe], it has not completely eliminated the trend…Keep in mind though that such cases are very few…but have significant impact!

Second is about placements. The general opinion is that the ex-professional relationships help in placements. For example, if a person is coming from big FMCG company, and is aiming at big 5 consulting company, then chances are that there will be alums from FMCG company who hold key positions in consulting companies. This relationships or ‘bonding’ opens the back-door for few. I don’t quite agree that this is ‘unfair’. In this case, the personal relationship is helping the student to gain a foot-hold in to the destination company. Moreover the kind of ‘acquaintance’ or ‘past relationship’ helps only as far as getting to know the insider information. There is no way a person can pass through just by ‘knowing’. Now this ‘insider information’ is extremely important [Resume tips, interview tips, job-related-info, positive word-of-mouth etc.,]. This is where the ‘networking’ ability of students play a role! But from what I have seen, this kind of pro-active networking/contacts helps big time…

This kind of bonding is strong among IITians, some top FMCG Companies, etc., For many students, who don’t have either of the above background, that ‘bondage’ does not exist. ISB will provide them with such a ‘bondage’ which they can exploit later…!

Third is about ‘insider information’ within ISB. For example, there has been stories that some people enjoy preferential treatment from CAS [Career Services wing in ISB]. The information about the arrival of some key companies or job postings circulate among the select few much in advance, where as the majority of students will know the news only one-two weeks before the deadline! This ‘lead time’ helps in getting a head-start in preparation! Here, the personal rapport with relevant personal helps…again, it can be argued that it is the initiative of the students, which is paying off!…but I wouldn’t buy that argument, as the information asymmetry shouldn’t have existed in this case atleast…

The purpose is not to take a swipe against anyone. The purpose is to convey that such situations might occur and to be prepared to handle such ‘information asymmetries’. I hope people are smart enough to handle the situations….! As far as the outgoing batch is concerned, this is what we will be dealing day-in and day-out in real life! Life…please be kind on us :)

DKDC Framework!

March 27, 06 by Bharani

An attempt at my own 2 x 2 matrix creation :) …Don’t read too much…

The X-axis represents the amount of interest you have for any topic.
The Y-axis represents the amount of knowledge you have about any topic.

You might come across any topic/person/activities in your life. You might either know about the subject already or not. You might either have interest for the subject or not.

This framework suggests you 3 ways for knowing and generating interest about any subject. So you basically start at the “Don’t know Don’t care” quadrant. You have to reach “Do know Do care” quadrant. As you can see, there are 3 ways to reach the destination.

1. Generate interest about the subject and simultaneously learn about that! [Travel diagonally]
e.g., You are forced to do a project in your work with a particular technology. You don’t know the technology and you don’t have interest for that either. As you work your way through the project, you get to know about the technology, and as you know, your interest grows parallely!

2. Learn about the subject and then generate interest for that subject! [Traverse Y-axis first, then X-axis]
e.g., You are going to a restaurant..You see all alien menu items! You are hungry. So, you should order something and try it out. If you like it then you will generate an interest for it!

3. Generate interest for the subject and then learn about the subject! [Traverse X-axis first and then Y-axis]
e.g, First impressions, Love at first sight, Infatuation etc., If your further learning about the subject reveals more unpleasant ’secrets’, then you will ‘permanently’ go back to “Do know Don’t Care” quadrant!

So, everyday in your life, keep exploring subjects that you “don’t know and don’t care”…and then consciously make effort to deposit the subject under your “do know do care” quadrant! Only very few subjects make it to that quadrant…and stay in that quadrant…Whatever remains in that quadrant, nurture those!