Friday, March 30, 2007

Enter IIM, Ahmedabad.

Finally the moment of reckoning happened. I have landed at IIMA last night at 9.15 pm, I was promptly received at the IMDC reception and was helped with my entire luggage in to my allotted family accommodation. The day ended at about 1.30 am when some of us in our class finished yapping with some seniors. The milieu is soaking in already, you see. The day was up beat in mood with some great placement info that was shared with media.


This morning I registered myself for the programme and was done with all other formalities; everything took about less than an hour. The flat we have been given is about 600 sqft smart apartment and is more than well furnished. But the heat of Ahmedabad really sucks! The top floor flat does n’t help much.


Finally before I sign out tonite, let me bring all you guys to some sad reality. If the day was hectic and tiring, the term I course materials and books are more than overwhelming. It is not funny!


The grind begins!

Tuesday, March 27, 2007

Indian Cricketing debacle and the AFTERMATH

No discussion these days seems to be free from India's early world cup exit. With the emotional Indians pouring out thru a willing print and electronic media, the milieu is fraught with sarcasm, mockery and violent emotional outbursts. Sure, there is money involved and lots of it, passions of umpteen fans and yes national pride at stake. But, I am not able to appreciate the responses of even educated and literate individuals to such a situation/ problem. My contention is that the solution does not lie in sacking some heads. Unless we are willing to engage with the deeper root causes and their remedies, the pangs and jubilation of an inconsistent team need to be contended with for ever. There are analogies of Indian cricket with some corporations. The approach seems to be- let us deal with the now and here, the short term, the visible action, the easily comprehend able aspects. Leave alone the long term, the abstractness of it, the complexity of getting behind feelings of gut and gumption (& going by it) and the patient psychological investment required. But come to think of it- all great teams the Australians since Allan Border,the GE since Jack Welsh have only taken the latter path. There are no quick fixes, friends !
Passion and sport remind me of Brazil. If we are so passionate about this game and if there is money even if not as much as that in soccer clubs, then we need to examine as to why Brazil can do it and we slip. I am of the opinion, that in years Indian Cricket has taken two goods decisions by getting two successive professional coaches in John and Greg. These guys in my opinion are among the best coaches of the game. Don't forget, Greg Chappel has been dubbed the best coach the game has seen before he became Indian Coach. If his exit is inevitable, I am sure it doesn't help his CV either. But let's come back to the issue. Again, in Sourav and Rahul we have perhaps the better captains India had in ages. The record speaks for itself. What then is the problem? In my opinion, the way we groom teenagers into cricketers, the facilities, the selection pyramid and the way we administer the game. How can politicians and other elite civilians run BCCI in honorary positions with no accountability? I would rather have the entire BCCI and state associations dissolved and set up a company with BCCI's coffers with professional managers and run it like an enterprise. Pay the people who work for this enterprise and make them accountable for their job. Make their operations and finances transparent thru their website. We are seeking accountability from players when they don't perform. Ironically, we seem to be completely oblivious of BCCI's performance and the way it is run when this impacts Indian Cricket more harder and deeper, just that it is not as directly visible to common man every day !
But then again all this calls for sustained effort and patience over the long term and more importantly a willingness to deal with the abstract and the unpleasant. And yes, some people cannot make money thru illegitimate ways. Are we game?
There is a talk going on to bring Sachin / Yuvraj as Captain. This makes me really laugh. Loosing two out of four matches in world cup can mean more than winning 17 One dayers on a trot. In my opinion, when you select a captain do your homework well before. Because, teams and leaders are not built over night. It certainly helped that Sourav was India's captain for 5 years. And Graeme Smith was a disaster in the intial years for South Africa and his age and context did not make it easy for him either. Look at any captain who eventually became successful- Stefen Flemming, Arjuna Ranatunga, Sourav Ganguly- All of them were lucky to have been at helm for considerable period of time. So, Rahul Dravid - is he a bad leader / is his integrity questionable? / has he not shown commitment? Well, I do not think so. Hence asking for his head in order to assuage public anger may not be the solution Indian Cricket needs now. My suggestion would be to persist with him and build a team and identify his successor and groom him to take over the reigns in 3-4 years time. Let Rahul be part of his succession planning, himself.
The way league cricket is played in India can also be reviewed. Spending the money to build infra, facilities, grooming future cricketers even though crowds may not be keen to watch such matches would be the key. We may also look at keeping 2-3 positions for international players in various teams like in the county cricket. That will bring early exposure and experience to budding players.
Clearly, there seems to be more to what we ought to do with the game, a complete overhaul of the system which will take time, money and efforts. Emotional outcrys to roll some heads will not solve the problem. I really wish, WC 2007 is a good wake up call.

Friday, March 23, 2007

Calling all PGPX Aspitants- Information kiosk - 1

Thanks to Internet, I have been finding new friends, most of them writing to me on information about PGPX. For the sake of good order, I am putting all known information sources about PGPX in this post. I shall continue with the sequels of this post from time to time when I have more information.

PagalGuy

Also there is Yahoo group for PGPX Aspirants. And of course the official web site's FAQ section is invaluable;

Other PGPX student blogs (current & alums)

  1. Motley fool, PGPX Class of 2007
  2. Nirav Kanakia, PGPC Class of 2007
  3. Tejbir, PGPX Class of 2008
  4. Unique Ideas, Class of 2008

I would recommend that after one has finished taking gmat, in addition to surfing for PGPX information, reading posts of other MBA blogger experiences would be quite useful. Of course all this can only supplement the official information provided by the B School.

  1. Hella's list

All the best to all PGPX Aspirants !

Tuesday, March 20, 2007

What it the best way to move personal stuff across?

I am flying Indian to AHD and the baggage limit is 30 kgs. Since I need to carry Kitchen items/ clothes/ books etc, I am planning to engage some service providers to move it across.
What would be the best (safest & cheapest) way to move it across? Request suggestions...

Monday, March 19, 2007

Nostalgia


Last week was also catching up time. I had been to my in laws place after a gap of 3 years. On our way back we had been to our ancestral home in our native village. We travelled from Hyderabad to Vijayawada and en route passed through Warangal.

As the train passed thru Warangal felt really nostalgic. It was at this station where I got down and boarded trains for 4 years, almost 11-15 years back. Time really flies.
Feels like all this happened yesterday. And between this yesterday and today I graduated, worked for 11 years, got married and became a father ! Imagine fast forwarding the same quantum of time and I'll be 48 ! What would I have accomplished in life by then? Hopefully I would have discovered the purpose and found my calling. Amen.

Sunday, March 18, 2007

Farewell before Admission

This week has been a little emotional in some sense. Loosing a batch mate of PGPX class before we have even started ! Yes, a very endearing member of our class had to defer due to some personal issues. It left such an indelible impact that many of us could not believe he was serious. The interaction in last 4 months has drawn us so much close to each other that for some of us the class and life at IIMA could be very different now from what it would have been otherwise.

In the end, an eternal truth emanates from this. That the richness of our life is directly dependent on the environment around us and what we choose to make out of it. As for the first part, people and their thoughts go a long way in creating that sort of an environment. Presence / absence of certain people /thoughts / ideas can change / make / break an entire evolution. It could be for this reason, B schoolers value class profiles( quality) so much. I have started believing in it more than ever before now.

On another note, I am struggling between prep material and personal errands, perpetually wishing more hours in a day... if that is any indication of things to come / preparing for them ;)

May God bless the PGPX community.

A big Salute.

Friday, March 9, 2007

Placement News

It is placement season at Indian B schools now, and at most schools the salaries (highest/average/median) shot up by 15-50% over last year. Considering placements at B schools is directly dependent on economy, this is not a surprise. However, with increasing international offers at most of the premium schools, there could be more than a direct correlation with Indian economy. Some schools like IIMB have decided not to talk about mega buck placements.


1.http://www.business-standard.com/strategist/storypage.php?tab=r&autono=277119&subLeft=8&leftnm=6
3.http://economictimes.indiatimes.com/News/News_By_Industry/Services/Education/Money_grows_at_IIM_campuses_again/articleshow/1738578.cms

I wonder, if it is only in Indian B schools (at least the premium ones) that every student gets placed before passing out from school. It is celebration time !

Monday, March 5, 2007

What does it take to get into PGPX?

During last couple of days, some of the applicants to PGPX III have been contacting me and wanted to get a sense of what takes to make it. Well, having got selected to the programme does not automatically qualify me to answer this question, but like many other subjects, this one too interests me and thus I have a point of view.
IIMA's website, IMO contains some important information and cues about what it looks for in the applicants. I don't think there would be too many differences from what top global B schools look for in their students; but yes it would be worthwhile to begin the discussion with those which would be more IIMA specific.
Work Ex: IIMA website says that the programme objective is to develop bright, enthusiastic, and aspirational executives into management leaders and change agents in the global arena. It is a full time residential programme for executives with substantial work experience leading to a One Year Post-Graduate Diploma in Management for Executives.
Paraphrasing the above, the output from the programme is intended to produce leaders who can be global change agents. And an input required to produce this output would be executives who have substantial work ex(9-10 yrs was avg during first two batches). I would tend to imagine IIMA might like the avg work ex of PGPX III around the same, as it would clearly offer a differentiated product in Indian / Global scenarios. Only IMD ( avg 7 years) and LBS-Sloan (avg 14 years) would perhaps feature in this league of offerings. This in few years would establish clear differentiation in the minds of applicants, recruiters and others on how PGPX is different from ISB and from IIM's PGP programmes. The placement story of PGPX I is a vindication of how differently the recruiters look at the output of this programme. Hence, if you qualify in terms of age (Min 27 yrs), WE close to what IIMA is looking for would be an advantage. Of course exceptions are always there. I know 2-3 students in my class with work ex of 6-7 years also, but of course they are aged 27 or above.
International exposure : The desired output of wanting to create global leaders also mandates some understanding of how business is done globally. The average international WE of people in my class is about 3.5 years. A careful look at the programme structure would tell us that the international immersion programme (http://www.iimahd.ernet.in/pgpx/sponsers.htm) is meant to prepare the participants to take on challenging assignments anywhere in the new globalised world.
Diversity: As Indian economy continues to roars the way it has been, opportunities to do business and work here would always entice people from around the world. And IIMA would be surely list among the best B schools they may consider to study at. The ascent of CEIBS (http://www.ceibs.edu/) and its popularity among the western world is a part of recent history that may repeat itself ! IIMA, I am sure sees this opportunity and would go all out to admit interested and suitable international applicants.
Among Indian applicants admitted to my class the class diversity in terms of age ranges from 27-54. People from diverse professional backgrounds such as defence personnel, Civil servants, bankers, entrepreneurs make up the class in addition to junta like me from different industries and from different functions.
Academic excellence: One habit IIMA would love to keep. Having got used to a reputation of academic excellence ( 1/3rd of Indian Management research comes from IIMA), IIMA's natural orientation would be towards people with high academic calibre (barring exceptions like the one writing this blog !). There is an open emphasis on high gmat scores (http://www.iimahd.ernet.in/pgpx/faqs.htm#4). So, this one is a no brainer. PGPX would expectedly, has the highest average and median gmat scores for a one year programmes with comparable work ex (7-10 yrs) at around 700.
Disclaimer: Needless to say, but to avoid confusion I would like to reiterate that above views are personal . There may be differences from IIMA's selection criteria as I did not serve on IIMA adcom. More importantly my own views might themselves change as I experience the programme. The intention of this post is to help applicants with apping and may be have a discussion around the subject to clarify some aspects. It is recommended that applicants to write to the PGPX office for any information directly at: pgpxquery@iimahd.ernet.in

Saturday, March 3, 2007

Check list before joining- PGPX, IIM, Ahmedabad

There have been many things to tie up before joining PGPX or any other MBA programme for a family person. Here is an attempt to put some of those things at a place.
  1. Make up your mind early: It is always better if you are a family person to plan your B school admissions well in advance. I mean apply in R 1 for all target schools and may be in R2 for safety schools. In case of PGPX, we got admissions by end October and my decision to join was made by end November looking at admissions situation with other schools. That has left me more than four months to plan and organise myself before moving to AHD. For middle level execs like me, it is always a good decision to inform the employer about your plans well in advance so that replacements / alternate arrangements take time (at least 3-4 months).
  2. Actively Network: I can vouch from personal experience that, the earlier you get to know your batch mates the better it is. The power of collective thought & action is sometimes beyond our imagination. And Internet & telephony make it truly a global village, hence no sweat about geographical isolation and distances. Just get there and meet your class mates, virtually and exchange/share view points. In an intense one year programme the time saved for ice breaking could be more than handy. Plus, there are a plethora of other areas where one can be better prepared towards MBA as a result of active networking.
  3. Pre term stuff: There is some prep material IIMA requires one to come prepared. Conventional wisdom tells that it is better to do some work on fin/stats courses if you have no prior education in that area. Thus, if you can manage 30-45 days of leave/ off before joining the programme, it would be a world of help. Because I dare say for many working professionals to manage work and pre term may not be so easy !
  4. Loans: The earlier you start working on it the better it is. As far as PGPX is concerned there are banks like BOI & SBT who give good deals. I know some of my class mates getting equally good if not better deals from banks like Andhra Bank. There are typically two kinds of loan requirements - Educational & personal. The former covers tuition fee and the latter living & other expenses. The rates of interest could be different for each of these loans. And the need for guarantors would arise if the loan amount crosses a fixed threshold. I am told, last year BOI has put up a stall during registrations to dish out hassle free loans.
  5. Schooling: If you have school going kids it would be better to get in touch with schools in AHD around Nov/ Dec itself. Choice of school usually depends on a)Age of the child b)Preferred board c) Limitations if any on distance from IIMA d)Fee affordability. I have secured my 3.5 year old child's admission in Eurokids during January. We have paid some part of the annual fee during this time.
  6. Relocation: If you plan to relocate it would make sense to talk to packers & movers at least one month before you need them. We have decided to pack and keep the stuff in our hometown for one year. And time really helps in negotiating deals.
  7. Secure current loans/ EMIs: Take a realistic assessment of all your monthly outflows for next year. How much can you pay? Check if you can negotiate any moratoriums for 1-2 years on existing loans. Repay some loans form current savings if it makes economic sense.

It would be good if we can work on a systematic information / communication module for the next admits of PGPX. I am sure as the programme evolves these aspects would get better and stronger.