MBA_admissionLAST MINUTE TIPS FOR SNAP

Symbiosis National Aptitude Test is conducted by SYMBIOSIS INTERNATIONAL UNIVERSITY for admission of Management Program. SNAP is an important exam for aspirants planning career in management as it is a single exam for 14 B-Schools affiliated to SIU.

An overview of the Exam Pattern:

SECTIONS NUMBER OF QUESTIONS DIFFICULTY LEVEL
General English: Reading Comprehension, Verbal Ability, Verbal Reasoning 40 MODERATE
Quantitative Aptitude, Data Interpretation, Data Sufficiency 40 MODERATE
General Awareness: General Knowledge, Current Affairs, Business Scenario 40 HIGH
Logical Reasoning 30 MODERATE
TOTAL 150 MODERATE

 

SOME IMPORTANT TIPS FOR SNAP 2015

TIME MANAGEMENT: It is a really important part of any exam whether you take XAT/CAT/NMAT. Every exam checks your quickness of response in certain time. As we have only 120 minutes to do 150 questions, we have to be very specific with which questions should be done and which questions should be left. We should choose our questions wisely.

SPEED & ACCURACY: It is important to do questions with maximum accuracy. Since fast calculations can save time, practice with tables, squares, cubes and decimal-fraction conversions will be really helpful. To increase more accuracy, revise the Class 9-10 NCERT school Math books.

STRATEGY: Take some Mock Tests of SNAP so you can have better understanding of the paper and you have some strategy in your mind as which section to do first. There is no sectional cut off, so it is advised to give less time to GK as most of the students are not well prepared with this section. Also Vocabulary is an integral part of SNAP so students should be well prepared for it also.

Finally, forget about past (CAT and IIFT) and future (XAT) and concentrate on present (SNAP). Dedicate your full devotion to it only. Attempt some mocks to get flair of technique, revise important concepts and formulae and revisit your vocab and GK notebook and skim it.

Hope these tips help you in your examination

ALL THE BEST STUDENTS!!

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Things you ought to know about India’s E-commerce Industry

 

  1. India is almost 10 years behind China in the e-commerce space. China’s inflection point was reached in 2005 when its size was similar to India’s current market size. Thankfully for India the dynamics currently are similar to what existed in China then – growing broadband penetration, acceptance of online marketplaces, and lack of physical retail infrastructure in many places.

 

  1. Forget the Flipkarts, Snapdeals and Amazons. Travel is where the real money in India’s e-commerce is. Online travel accounts for nearly 71% of e-commerce business in India. This business has grown at a compounded annual growth rate (CAGR) of 32% over 2009-13. E-tailing, on the other hand, accounts for only 8.7% of organised retail and a minuscule 0.3% of total retail sales. Even within sales of physical goods, books are a mere 7% of total book sales, mobile phones are 2% of all handsets sold, and fashion goods sold online are just 1%. Online jewellery sales account for only 0.2 per cent of all jewellery sold. Motilal Oswal, however, expects e-tailing to pick up with a focus on fashion.

 

  1. Alibaba is an outlier when it comes to margins and making money in the e-commerce ecosystem. The Chinese company makes an operating profit of 40% compared to industry standard (US and China) of 8-10%. Travel sites typically make 2.3%. Amazon, the industry pioneer, is yet to achieve healthy profitability even after two decades of dominance. Indian players, the report points out, are not even thinking of profitability yet. It’s a game of market share and market penetration, causing all serious players to have a war chest ready for when the industry scales multiple times.

 

  1. For every Rs 100 spent on e-tailing, Rs 35 is spent on supporting services like warehousing, payment gateways, and logistics, among others. Delivery costs a platform owner 8-10% implying significant burn. Though 50-60% of delivery logistics today are handled by large e-tailers themselves, this proportion may reduce going forward as the participation of lower tier cities picks up. Presently, aggressive pricing in India is leading to e-tailers making losses on every segment. For a Rs 100 sale of a book, the e-tailer incurs a loss of Rs 24, a loss of Rs 13 in mobiles, and Rs 8 in apparel.

 

  1. Demand in India exists across 4,000-5,000 towns and cities, but there is no significant presence of physical retail in almost 95% of these. High real estate cost is one of the main reasons why organised retail is unable to expand at speeds expected earlier. Real estate as a percentage of sales is 14 times higher than in the US. For large retailers in India, it is 7% of sales as compared to 0.5% for Walmart.
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CAT 2015 ANALYSIS BY ARUN SHARMA

CAT 2015 ANALYSIS: REVIEW BY ARUN SHARMA SIR

SECTIONS NUMBER OF QUESTIONS NUMBEROF NON MCQ’S GOOD ATTEMPT
VERBAL ABILITY & READING COMPREHENSION

 

34 10 25-28
DATA INTERPRETATION& LOGICAL REASONING

 

32 8 15-17
QUANTITATIVE ABILITY

 

34 14 25-27

 

Both the sessions (Forenoon and Afternoon) were almost similar as far as difficulty level and question break – up are concerned.

 

  • VERBAL ABILITY & READING COMPREHENSION

There were 24 questions of RC and 10 questions of VA. The level of questions in this section was moderate. The reading skills of students were mainly tested in the exam.  One must have had good command over reading to do those lengthy passages. Reading Comprehensions were not that abstract. 2-3 passages were easily doable.

VA was all dominated by logic and all the questions were non MCQ. There were no questions on grammar and vocabulary which added to the surprise. It needed good practice to attempt those questions as it was a bit tedious to do the Paragraph formation questions.

Overall 25-28 attempts with 90 % accuracy will most probably fetch 99 %ilein VA & RC.

 

  • DATA INTERPRETATION & LOGICAL REASONING

While some got stuck with LR & DI some found it hard to cope up with it. All the 4 sets of DI were time consuming and hard to understand in one reading. They were lengthy and some sets were really very calculative.Doing all the 8 sets of LR & DI in time constraint of 60 minutes was not possible.Only 1 set of LR was easy and doable other 3 were difficult level. 2 sets of DI were moderate and other 2 were very difficult. Overall 15-17 attempts in DI&LR with 85 % accuracy will fetch 99 %ile.

 

  • QUANTITATIVE ABILITY

The difficulty level of quant was marginal. There were 15 non MCQ questions. The basic knowledge was checked in quant. The use of calculator was not much. The paper was more on logic then on calculation. This section was simpler than last year but non MCQ questions made it complicated. 25-27 attempts with accuracy of 80-85 % will fetch 99 above percentile in this section.

 

NOTE: Overall, a raw score of 160-170 is likely to yield 99+ %ile and a score of 130-140 is likely to yield 95+ %ile.

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