Why MBA from Top B-School?

CAT Guru Arun Sharma, IIM Bangalore alumnus and renowned author for McGraw Hill Publication speaks about the difference of doing MBA from a top B school like the IIM’s or a handful of 5-6 institutes like MDI, XLRI, SPJAIN etc. versus trying to do an MBA from a normal college. The first thing you should realize is that an MBA typically will be the last qualification you will have in your life unless you plan to change your career tracks to something like that later in your career, but for most people, MBA will be the last step of their educational career, after that professional career starts and hence it is the one last opportunity to change the kind of educational profile that you have.

Top B School vs. Normal MBA College

You might have come from any normal school/ college and if, you have a tag of an IIM attached to your name at the end of your educational career it takes care of a lot of things as you build your career later. It gives you a huge advantage over others. Hence, if you are trying to get into a management school, the idea has to be to try to get into the best B-school you can because, if you try to compromise at this stage then it will put you or confine you to a person with an average academic career, so, wherever you go, you are representing yourself as an average person versus if you have a mediocre educational career but  have an IIM tag at the end of your educational life, the perception that people will have about you will be different. It’s not just about the perceptions that people have, but also the quality of learning that you will get, the kind of resources you will get. I always tell people that it’s not only about the brand of an IIM that you go for, you go for the learning. If you go for the brand, then nobody will select you also.

Learning & Networking

Secondly, the learning that an MBA from a top B-school gives you will be drastically and vastly different than an MBA from a normal college. Thirdly, the kind of peer group you will meet will be very different if you are passing out of top 10 b school versus passing out of any other average school. To give you a small example, I passed out from IIM Bangalore in 1995. I have my engineering batch-mates from my private engineering college and when we got reconnected via social media, you can actually see the difference between water & blood when you talk about the kind of careers they have, whereas, my IIM Batch-mates are mostly at their peak or the zenith of different companies or very close to that. Most of my engineering batch-mates are almost unnamed and unsung people and since you have only one career, the kind of peer group you go to or are living with has a huge difference in terms of your own achievements. So very often you will find that if you belong to a strong peer group which an IIM will give you, you will not get easily satisfied with yourself, and when you are not easily satisfied with yourself it will give you the motivation to perform further whereas that kind of peer group you will not get out of a normal B-School hence, it is important to make it to a top B-School for this last educational qualification that you will have. The last part is the packages and salaries.

Salary Package

Try to do one thing when you finish off this article, put up an excel sheet, on one side of the excel sheet put 6 lacks starting package and on the other side put 20 lacks as a starting package and grow both these packages by 10% every year (which is the normal growth rate in Indian corporate sector) and in a 20 year career you will see that a person starting with 20 lacks per year will earn around 5 to 6 crore rupees more than a person who is starting with 6 lacks per annum. That is the difference in the career that a top B-School will give you versus the career that a mediocre MBA from a second level B-school gives you. Hence, the idea has to be, to get to the top B-School you can. Each person will tell you that money is not important but you do realize or imagine the difference in having 10 crore bank balance that you will make in 20 years down the line.

Click here to attend a Free CAT Online Demo class by Arun Sharma Sir & Meenakshi Ma’am(Renowned authors of Books for CAT)

Posted by Tanisha Narang, 25 April 2018, Wednesday, 12:45 PM

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IIM INDORE FINAL PLACEMENT 2018: A STUDENT RARING TO GO @Rs63.45lakh ANNUAL PACKAGE

“IIM Indore has released notification of final placements for the batch 2016-18”

An IIM Indore student has been offered the highest salary package of Rs 63.45 lakhs to work in foreign.

 

More than 200 firms participated in this placement season and 624 students including 443 PGP candidates, 68 PGP Mumbai candidates along with 113 candidates from the 5 years Integrated Programme in Management got selected.

According to the report released by IIM Indore: the highest international package for this year is Rs 63.45 lakhs while the highest domestic package stood at Rs 33.04 lakhs. Overall average CTC for this year’s placements for IIM Indore is Rs 18.17 lakhs per annum.

The maximum placements were for finance roles. 27%  batch opted for finance roles & were hired by the top companies including Axis Bank, Bank of America, Credit Suisse, Deutsche Bank, Goldman Sachs, Edelweiss, HDFC Bank, HSBC, ICICI Bank, Indus Valley Partners, JPMorgan Chase, Kotak Mahindra Bank, Max Life Insurance, Nomura, Royal Bank of Scotland and Yes Bank.

Consultancy firms including Accenture Strategy, Boston Consulting Group, Cognizant Business Consulting, Deloitte USI, Ernst & Young, EXL Service, Infosys Management Consulting, KPMG, PricewaterhouseCoopers, etc.

Among the other recruiters are corporate giants like Asian Paints, Dabur, Godrej & Boyce, GroupM, GSK Pharma, Hindustan Coca-Cola Beverages, HUL, ITC, L’Oréal, Marico, Maruti Suzuki, Mother Dairy, Panasonic, PepsiCo, Pidilite, Tata Steel, TimesOOH, Tolaram Group, Toppr, and Vodafone. Technology majors like Accenture, Capgemini, Cognizant, Google, HUL, HCL, IBM, Infosys, L&T Infotech, MAQ Software, UHG, Wipro have also participated.

 

Click here to attend a Free CAT Online Demo class by Arun Sharma Sir & Meenakshi Ma’am(Renowned authors of Books for CAT)

Posted by Pryanca Verma, 30 March 2018, Friday, 11:10 AM

 

Targeting XLRI? Here is something that will definitely help you

The placement season at XLRI-Jamshedpur has concluded for the Two-year post graduate diploma programme in BM and HRM for the batch of 2016-18.

The entire batch of 358 students was able to secure offers through the final recruitment process in 3.5 days.

A total of 132 recruiters participated in the placement process. Among these 29 were first-time recruiters. A total of 370 offers were made by the recruiters.

According to a statement issued by XLRI, the average salary offered to the batch was 20.10 Lakhs per annum, while the median salary offered was 21 Lakhs per annum.

Following a consistent trend over the years, the number of PPO’s offered to the students has increased this year to 122.

The major sectors that took part in the recruitment process were Consulting, FMCG, Finance, General Management, and Operations.

Deloitte S&O, Accenture Technology Consulting, The Boston Consulting Group, KPMG, EY, Deloitte, and PwC were the major recruiters from the consulting sector.

P&G, Hindustan Unilever Limited, AB InBev, RB Johnson & Johnson, Colgate Palmolive, Mondelez, ITC India, Nestle, AB InBev, and Heinz were among the major recruiters from the FMCG sector.

Major recruiters from the financial sector were Citibank, Avendus Capital, DBS, JP Morgan Chase, Societe Generale, Edelweiss and Standard Chartered

Reputed conglomerates such as Tata Administrative Services, Aditya Birla Group, RP Goenka group and Capgemini were among the companies that offered General Management roles.

PSUs were also prevalent in this year’s recruitment process, with GAIL, IOCL, and HPCL along with first-time recruiters like National Housing Bank and India Health Action Trust hiring in large numbers.

Click here to attend a Free CAT Online Demo class by Arun Sharma Sir & Meenakshi Ma’am(Renowned authors of Books for CAT)

Posted by Tanisha Narang, 22 February 2018, Thursday, 02:05 PM

 

CAT Results are OUT. Check CAT-17 Result Here

dr. Roussy

Dear Aspirants,

The result for CAT-2017 has been released. To check your result, use the link below:

https://cdn.digialm.com//EForms/configuredHtml/756/52967/login.html

All the Best

Team Mindworkzz

New Batch Starting soon: For more Enquiry, Call: 9415333920/ 011-47506801

To get a call from us regarding course details, please fill the form: https://goo.gl/8IGzfo

Click here to attend a Free CAT Online Demo class by Arun Sharma Sir & Meenakshi Ma’am(Renowned authors of Books for CAT)

Posted by Mukul Garg, 8 January 2017, Monday, 11:25 AM

 

 

 

Last Minute Tips to Crack CAT’17

The CAT’17 exam is on 26th November and only a few days are left for the same.
Here are some last minute tips for you from Mindworkzz Faculty members.

LAST MINUTE TIPS TO CRACK CAT'17

  • Don’t give more attention to those topics which you have not studied in depth till now.
  • In Verbal Section, do the Previous year paper twice.
  • Analyze your mistakes with the solution, by keeping in mind the strategy to solve the Questions.
  • Don’t push yourself too much, but revise key concepts regularly.
  • Practice at least one full-length mock paper daily for taking the test in one stretch.
  • Analyse mock papers carefully for identifying doable and non-doable Questions.
  • At this stage, trust in your final-tested strategy.
  • While taking Exam focus on attempting the correct questions.
  • Don’t focus on increasing the number of attempts.
  • If you are guessing questions, do it only when you are 90% sure otherwise don’t take a risk.
  • Divide each section in 10 to 15 minutes test and try to solve around 4-6 questions in each test and manage and adjust the time accordingly.
  • Scan 6-8 questions in the different divided test of 10-15minutes and figure out the 4-6 questions which you can easily do.
  • Don’t forget to relax, be cool and enjoy the favorable time.
  • Finally, have great faith in your ability. Say regularly to you that ” I am going to nail it”.

“Your most trusted weapon should be self-confidence for doing better and better. We are sure that you will do much better than what you think about yourself…”

All the Best!!
Keep practicing…

Click here to attend a Free CAT Online Demo class by Arun Sharma Sir & Meenakshi Ma’am(Renowned authors of Books for CAT)

Posted by Tanisha Narang, 22 November 2017, Wednesday, 11:35 AM

The Path to 99+ Percentile in CAT 2017

McGaw Hill Education
Exclusive Live Webinar

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Speaker (Arun Sharma, IIM-B)

“The Path to 99+ Percentile in CAT 2017”

Webinar will cover

1. Hitting 99+ percentile in DI and LR
2. Hitting 99+ percentile in Quantitative Aptitude
3. Hitting 99+ percentile in Verbal Ability and Reading Comprehension

Click here to register: http://bit.ly/2t2WM6s

Webinar Schedule:

Thursday 27th July 2017.

05:30 pm – 06:30 pm (IST)

Book your FREE seats!

Click here to attend a Free CAT Online Demo class by Arun Sharma Sir & Meenakshi Ma’am(Renowned authors of Books for CAT)

Posted by Mukul Garg, 20th July, 2017, Thursday, 2:05 PM

All you need to know about IIFT 17

Established by Ministry of Commerce and Industry; Indian Institute of Foreign Trade selects its candidates on the basis of a selection test every year. Details for the same are as follows:

Pattern

The IIFT paper is divided into 4 sections  – with a total of 6 subsections Summing up to, total no. of questions = 123 and Max Score of 100. IIFT has designed the paper in such a form that it evaluates the command over language, numerical ability, social awareness and reasoning skills of each individual for choosing the best candidate as their student.

Section Section Name No. Of Questions Marks/Question
     I English Comprehension 16 1
Verbal Ability 20 0.75
II General Knowledge & Awareness 25 0.5
III Logical Reasoning   20 1
Data Interpretation 22 0.75
IV Quantitative Analysis 20 1

Important Dates

The major wait of every management aspirant is the dates for IIFT entrance procedure. The date scheduled for IIFT 2017 is as follows.

Event Dates
IIFT Registration Begins Third/Fourth  week of July 2017
Deadline for acceptance of Application (Gen/SC/ST/OBC) First week of September 2017
Issue of Admit Card of IIFT 2017 Third week of November 2017
IIFT exam 26th November 2017
IIFT 2017 Results Fourth week of December 2017
Further Selection Procedure January/February 2018
Final Results March 2018
Click here to attend a Free CAT Online Demo class by Arun Sharma Sir & Meenakshi Ma’am(Renowned authors of Books for CAT)

Posted by Harit Sharma, Tuesday, July 18, 2017    3:51 PM

Tips For Good Resume

In today’s competitive world, once you are completed with your MBA, next important step would be recruitment from top organizations. It is the time when the candidate needs to create his/her resume.

At this time the first and foremost step is candidate must know what the resume should be like.  A resume is an observable document, which means that you are summarizing your academics and experiences using a format that is systematic and organized. This resume serves as the candidate’s “First Impression”.

Let us look at the points which should be kept in mind while creating a MBA resume.

  • Provide contact Information

This should be written on the top left corner of the document. It includes your Name, Contact information.

  • Mention the Job title

It is the prime step to provide a job title. It includes an overview that highlights the candidate’s responsibilities, skills, achievements. Candidates who have many years of experience can brief down their workings, like name of the organization and tenure.

  • Use Bullets/Pointers

Always make use of the bulletins. Don’t make your resume too hard to read. Your resume should not look like a novel that scares the readers. So Using bullets, brief down your points. And, do not write unnecessary information.

  • Mention your leadership qualities

Providing candidate’s leadership skills is mandatory on an MBA Resume. Skills like positivity, how motivational you have been at your previous workplace, flexibility, commitment.

  •  Easy to read Resume

The resume should not  be lengthy at all. Recruiters find it boring when it comes to heavy texts.

  • Verifiable Information

The information that is written on your resume should be authentic, like  educational background, contact information. Recruiters reject  MBA applicants if they provide false and fraudulent information.

  • Good use of vocabulary

Make good use of vocabulary words, instead of simple words. As you will be going for the top-notch organizations, you must have good command over the language.

  • No personal information

The recruiters are simply not interested in knowing the candidate’s personal details like, height, weight, marital status, children etc. Do not provide these details as the recruiters find it deficient.

Click here to attend a Free CAT Online Demo class by Arun Sharma Sir & Meenakshi Ma’am(Renowned authors of Books for CAT)

Posted by Muskan Dagar, Tuesday, July 11, 2017    3:02 PM

July End To Disclose More About Cat’ 2017

Most awaited thing for every CAT aspirant is the details of the CAT exam but this wait is going to be over soon as this year’s CAT Convenor – Prof. Neeraj Dwivedi; Faculty and Admission Chairperson at IIM lucknow announced that “CAT-2017 notification is likely to appear in newspapers towards end of July”.

CAT Experts, who have been studying the pattern of CAT  exam and its pre-exam and post exam procedures believe that the eagerly awaited information would be out on 30th July 2017. As they have observed that the IIMs usually declare the dates and schedules on the last sunday in the month of July.  

Notification details

The notification consist of the following details :

  • Opening and closing of CAT 2017 registration date
  • CAT eligibility
  • Date of release of CAT 2017 admit card
  • CAT application fee
  • CAT 2017 exam dates
  • CAT test centres
  • CAT 2017 result date

August First week For Registrations

It is anticipated that the registration for the CAT exam would start in the first week of August, that too from 7th of August towards the end of September. As well as the registration could only be done online and not by any off-line means.

Exam Pattern

We know that with every passing year the CAT exam is becoming more difficult and also each responsible IIMs are always moulding and re-formatting the paper in their respective year of responsibility for the CAT exam, catering to IIM Lucknow and its different academic approach, it is expected that there would be more aspirant friendly changes in the CAT 2017 exam.

Click here to attend a Free CAT Online Demo class by Arun Sharma Sir & Meenakshi Ma’am(Renowned authors of Books for CAT)

Posted by Harit Sharma, Monday, July 10, 2017    10:35 AM

Registration for NMAT 2018 Begins

NMAT is the entrance test considered by NMIMS for admission into various courses of Business Management Studies in NMIMS

Important Dates – Registration/ Exam Dates/ Result Dates

GMAC has assumed ownership and management of the NMAT exam in India for the Narsee Monjee Institute of Management Studies (NMIMS). The exam will be retitled the NMAT by GMAC.

  • NMAT 2018 Registration Dates are from 4th July 2017 to 3rd October 2017.
  • NMAT 2018 Exam dates are from 5th October 2017 to 18th December 2017.
  • NMAT 2018 Results will be out in 3rd week of January 2018

The dates for NMAT is announced. The registration for NMAT has been started from 4th July 2017 for admissions in its School of Business Management for academic session 2018-20 and the students, after their formal registrations in NMAT 2018, shall be able to take online test in a window period from 5th October to 18th December 2017 with a choice of two more retakes after first attempt. NMAT 2018 Test Centers are mentioned later in the module.

The best of the three scores will be considered by NIMS for admission.It will allow choice of two retake(i.e three attempts in total).So that the student can try to score better.You may reschedule your appointment if you can’t appear for the original test appointment. You may reschedule your appointment up to 72 hours prior to your original appointment. You may pay for your reschedule using credit card only.

 

Sr. No. Activity Important Dates
1 Registration Start Date     Tuesday, July 04, 2017
2 Registration End Date Tuesday, October 03, 2017
3 Scheduling Start Date     Tuesday, July 04, 2017
4 Scheduling End Date     Monday, October 16, 2017
5 Late Registration Start Date     Wednesday, October 04, 2017
6 Late Registration End Date Saturday, October 14, 2017
7 Registration – Retake Start Date Friday, October 06, 2017
8 Registration – Retake End Date Thursday, December 14, 2017
9 Re- scheduling Start Date Tuesday, July 04, 2017
10 Re-scheduling End Date Friday, December 15, 2017
11 Exam Delivery Start Date Thursday, October 05, 2017
12 Exam Delivery End Date Monday, December 18, 2017
13 Re-take Scheduling Start Date Friday, October 06, 2017
14 Re-take Scheduling End Date Friday, December 15, 2017
15 Announcement of results 3rd week of January, 2018
 Click here to attend a Free CAT Online Demo class by Arun Sharma Sir & Meenakshi Ma’am(Renowned authors of Books for CAT)

Posted by Muskan Dagar, Friday, July 7, 2017    2:02:00 PM