Books I bought recently
I bought Built to Last, Archer’s To Cut a Long Story Short, Crichton’s Timeline, Best Practices, and Handy’s The Age of Unreason at Fabmart. It was delivered in 5 days as promised.
I bought Built to Last, Archer’s To Cut a Long Story Short, Crichton’s Timeline, Best Practices, and Handy’s The Age of Unreason at Fabmart. It was delivered in 5 days as promised.
Prof. Apte mentioned that the currency forward is not an unbiased estimator of the future spot rate, but is the certainty equivalent of it. The Kelly FAQ gives a good description of what certainty equivalence means.
Clinton signed the e-signature law. To be implemented in October, it’s an interesting contrast to our IT Bill.
The Humane Genome Project maps what each of our genes do. You could spend hours exploring genes. It’s implications are quite interesting.
The new Emerging Digital Economy report is out. I found the second and first extremely informative.
The IT Bill has been passed. That means digital signatures are the same as written ones. We’re hoping to make money on that! We wrote a first-draft proposal for our Business Modules in E-Commerce course.
There were 22 vacancies, and 45 were shortlisted (out of less than 70 applicants). We were interviewed by 5 panels, each with 2 professors. We had submitted our resumes, a writeup on why we were applying for the programme, various declarations and our grade sheet. Though it was rumoured that grades played a 50% part in shortlisting, it was not so. Each panel ranked their candidates independently (in which grades played only an implicit part) — so it was the interview that really counted. After ranking, they pooled the rankings across panels (this is probably where grades might come in) and allocated the first available preference by rank. If the universities you opted for are not available, you would not be considered for other universities even if your ranking is high. So it makes sense to fill out all the universities of your choice if you’re keen on going.
One standard question acroess panels was on aspects of Indian culture — particularly in Prof. CM Reddy’s panel. Questions ranged from “What was the Yaksha’s last question to Yudhisthira?” to “What is the essence of Indian spiritual philosophy?” Other standard questions were “What will you do for IIM-B once you come back?” and “How will you serve as the ambassador of IIM-B?”
Interview
Prof. Mahadevan and Prof. Prakhya interviewed me. Both were IITians, and I discovered that Prof. Prakhya was also my school senior. Prof. Mahadevan was genuinely seeking an answer to all his questions. That is, he was really interested in how exchange students could improve IIM-B’s functioning. Prof. Prakhya was pretty sharp, and tried pricking holes in my arguments. Before I left, Prof. Mahadevan commented, “This is nothing to do with the interview, but I just wanted to say that, based on your resume, you have a great future.” Pallavi and I were selected for London Business School.
Learnings
Microsoft has been ruled a monopoly. The findings are a pretty interesting economic analysis. (The US District court site also has a copy.)
Citibank awards Rs. 50,000 to 2-3 candidates from IIM Bangalore based on leadership traits. We had to submit ‘brief’ writeups on what leardership is, why we’re good leaders, what our social contributions and academic achievements are, etc., along with our resume. We also had to turn in a student and faculty nomination. Since I had lots of time (I was bedridden with a fractured ankle) I prepared quite well for this interview. 11 were shortlisted. The interviews were scheduled for 20 minutes each.
My preparation largely involved reading what I’d submitted, and preparing for some standard questions like ‘What are your career goals?’, ‘Strengths/Weaknesses’, etc. In our previous batch, 3 people won the award — Hemalata, Saurabh Singh and Sahil Bhandari. All 3 were good speakers with accents. So I brushed up my accent too — turned out to be unnecessary, though.
Prof. Umesh Rajamani & Prof. Rupa Chanda were on my panel. They asked me about my leg (I was on crutches), and went on reading the writeup. All questions were directly based on the writeup.
Interview
Mostly, they were asking me to expand on what was there in the writeup. It was a relaxed atmosphere, and Prof. Rupa Chanda was very encouraging. The results were announced on 3rd March. Sunny Sharma and I made it.
Learnings
Curious that Google should return Microsoft’s home page when you search for “more evil than Satan himself“…
When I tried this on 24th June 2000, it didn’t work. Maybe Google got smart. Or was it Microsoft?
On 3rd July 2000, it worked again.