Showing posts with label mba. Show all posts
Showing posts with label mba. Show all posts

Thursday, November 10, 2011

CAT 2011: Last minute tips to crack the exam

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With just few days left for CAT 2011, students must be very stressed out. However, now is the time to sit back, relax and revise. In order to help you crack the exam, Learnhub spoke to IIM alumni from across the country and asked them their last-minute strategies that helped them to score that desirable percentile. Let us divide various sections of the CAT2011 exam and examine expert tips on how to tackle these sections effectively-:

  1. CAT 2011 Quantitative Ability and Data Interpretation: The key to solve this section is speed and accuracy. One should have a thorough knowledge of mathematical concepts and have short cut to answers. Abhishek Jha, an alumnus of IIM Lucknow, says, "For data interpretation questions, one has to be very comfortable with numbers, charts, and tables and be very good with mental calculations." He further suggests that one should try and practice a data interpretation problem everyday, reading and analysing stories which consist of graphs and pie charts in business sections of newspapers. In order to improve your speed, it is very essential to take mock tests. However, experts warn that one should take only mock test per day.

    On the exam day, try to answer the caselets with which one is familiar with, and one can spend up to 4 minutes in analysing a caselet. Experts suggest that if after four minutes there is no progress in understanding then it would be wise to leave the questions. Another advise for the exam day is to avoid guess work as CAT has 1/3 negative marking. In this section, if you're able to attempt 16-19 questions with 90 per cent accuracy is enough to secure 97 percentile and above in this section.
  2. CAT 2011 Verbal Ability and Logical Reasoning: As we all know that verbal ability consists of two sections namely reading comprehension and English usage. The only way to do well in reading comprehension is to increase your speed of reading. This can be done by practising the habit of focusing on keywords that convey the meaning of a sentence. On how one should work on enhancing his Logical Reasoning, Jha says, "One should create a chart or a diagram of the question to get clarity. The aspirant should read questions very carefully as these questions are intended to check your ability to manage ambiguous data. One should avoid to assume any information that is not given in the question." Experts also suggest that it is always advisable to answer those questions you're most comfortable in. Around 15 minutes should be spent on the verbal ability section. One should allot five minutes on reading each comprehension passage and logical reasoning caselet to understand the same. Even after spending five minutes if you fail to understand the comprehension passage then you should move on to the next.
  3. Time Management: The total examination time is 140 minutes and examinees will have 70 minutes to solve 30 questions in each section. The test will also contain a 15-minute tutorial. Experts feel that since each section is of about 60 minutes duration, so one must keep ten minutes as a buffer. A couple of minutes should be spent at the beginning of every section to understand the number, type and nature of questions. When we spoke to some faculty member of coaching institutes, they specified that you should allocate equal time to all the questions and one should not spend more than four minutes in any question. You can spend up to eight minutes on a Reading Comprehension passage or Data Interpretation caselet assuming it consist about 3 questions.
Last-Minute Tips-:
  1. Never make the mistake of attempting the questions without looking at all four options first
  2. Try to focus on your speed and accuracy
  3. Go into the exam with an open mind and expect the unexpected
  4. Begin with your strongest section and attempt the weakest section in the middle
  5. Do not be nervous and don't start with any new concept now

IIM- Kozhikode Placement 2011: Students get stipend of Rs 1.6 lakhs for two months

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In what seems like an offer that is too good to be true, two students from Indian Institute of Management, Kozhikode (IIM-K) have bagged a domestic stipend of Rs 1.6 lakhs each for a two-month long summer placement. These students will be placed in the Mumbai office of Australia-based investment bank Macquarie.

In 2010, the highest domestic stipend was Rs 1.2 lakh. There were also placements abroad whose stipend details were yet to be finalised. As per IIM-K placement officials, 60% of the 2011-2013 batch of 348 students got summer placements within a week of commencement of placements. This report has been a sigh of relief for B-school students who feared that their offers could get impacted by global economic slowdown. These students will be doing their summer jobs for two months during April-June 2012.

Reflecting the market trend, marketing firms picked up 40% of the students, followed by finance firms who took 30 per cent. Some popular marketing firms that recruited IIM-Kozhikode students in large number are Hindustan Unilever Limited, ITC limited and Marico. Students of finance field were picked up by American Express, Deutsche Bank, Citi Bank, and Goldman Sachs. Companies from other sectors, like general management, HR and consulting also visited the company.

Another prestigious company that was impressed by the quality of students and hence made maximum number of offers is Tata Administrative Services (TAS). This year, there were many new recruiters who had participated in the placements. The new recruiters constituted 20% of the total recruiters, almost double of last year. It seems the dramatic rise of IIM-K in the rankings by different agencies over the years has generated interest among the firms.

Tuesday, September 27, 2011

The Executive MBA for Engineers and Scientists

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The Executive MBA for Engineers and ScientistsJames J. Farley | CRC 2009 | ISBN: 1439800995 | 287 pages | PDF | 3.44 MB







Description
All too often, a simple lack of understanding of fundamental business concepts is enough to prevent capable scientists and engineers from receiving otherwise deserved promotions. These days, technical merit and hard work alone no longer guarantee upward mobility. For scientists and engineers with aspirations of moving up the corporate ladder a keen grasp of business basics is a must.
Presenting concepts in a manner that is easily accessible, The Executive MBA for Engineers and Scientists covers the business principles and applications that today’s technical managers need to know. The book touches upon all the essentials, including marketing, sales, finance, manufacturing, and accounting. It details technical considerations including quality control, technical services, and R & D and highlights how to effectively integrate business concepts with technical considerations. Examples based on the author’s experience working in the pharmaceutical industry and with the Food and Drug Administration illustrate how similar situations can occur in other industries and explain how to solve the problems using the same techniques.
This easy-reading reference not only facilitates the understanding required of today’s technical professional but also pres a time-saving reference for business men and women on the move upward in sales, marketing, and manufacturing who need to expand their knowledge of technical functions. From break-even analysis to technical quality control, this practical guide arms you with the business savvy required to walk into your next meeting with confidence and walk out with an increased sense of accomplishment.
Table of Contents
Part I The ElementsChapter 1 Business: An Overview
Chapter 2 Marketing
Chapter 3 Sales
Chapter 4 Finance
Chapter 5 Break-Even Analysis
Chapter 6 Statistics: A Little Bit, Simply Explained
Chapter 7 Graphs, Charts, and Equations
Chapter 8 Manufacturing
Chapter 9 Accounting
Part II Elements of The Technical AreaChapter 10 Technical Function: Overview
Chapter 11 Quality Control
Chapter 12 Technical Service
Chapter 13 Research and Development
Part III Integrating Business and Technical Are as for ProfitChapter 14 The Corporation as a Unit: An Overview
Chapter 15 Business and Technical Relationships: Symbi os is to Ma x imi z e Profits
Chapter 16 People Skills: How to Get Along with Others (The Mos t Important Chap ter in This Book)
Chapter 17 Current Concepts, Trends, and Tools
Part IV Planning AheadChapter 18 Your Career
Chapter 19 Starting Your Own Business
Chapter 20 … And A Little Bit More
Index

Saturday, July 9, 2011

CAT Mock 1

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