Tuesday, December 14, 2021

Group Discussions in MBA admission: how to prepare?

 Group Discussions in MBA admission:  how to prepare?

 

MBA is one of the most popular courses in the present world. Also, admission for MBA courses has more competition, just because it is popular. In the admission entrance, group discussion has inevitable role, along with all other test papers. Group discussion will always help the authorities to know about the candidate’s interest and awareness in general and business matters. 

Generally the group discussions will be organized by all MBA colleges, including IIMs, soon after the results of CAT is out. It will usually come in February, every year. In order to get admission for MBA in a popular college, one must perform well in GD. For that, thorough knowledge on topics should be acquired through vast reading and preparation. Dedication and concentrated preparation is essential to crack any GD. This article is to provide some details regarding Group Discussions, and Personal Interviews, for MBA aspirants. 


How MBA GD-PI is carried out?

  • For GD, the candidates will be divided into various groups, in random. Every group will have about 6-25 participants.

  • For every group, they will allot one topic for discussion. All candidates should convey their viewpoints related to that topic. The candidates will get 15-20 minutes for speaking. Also, the candidates can choose whether to favor the topic or not. 

  • The candidates will be judged by the panel, based on various elements, in between the GD process. The elements include – idea on the topic, knowledge, speaking manner, confidence level and various other aspects.


 Tips for preparing for MBA Group Discussion

GD/PI play vital role in selection process for MBA courses. It has the capacity to modify the rank lists entirely. You can crack GD with good and vast preparation. Here are some tips for improving your preparation for GD/PI.

  • Update your knowledge in current topics

  • Vast reading on different topics

  • Improve public speaking skills, to have confidence to appear

  • Include relevant points while speaking

  • Never interrupt any candidate while delivering their points

  • Be polite and gentle while expressing disagreement

  • Make to cool the discussion, while getting heated up, in your maximum level. This will add credits in your profile

  • Try to summarize, if you are unable for starting the conversation.

  • Don’t lose temper, even if other candidates try to provoke you.

  • Don’t start if you are having less knowledge on the topic. Try to get familiarized with it by listening to two or more members in the team. 

  • Ensure to have gentle voice tone, throughout the discussion, even though it makes you heated. Also, try to handle teammates in a gentle manner, which will add values to you in selection.


Here are some topics with relevance in current affairs, which will help you for getting some ideas on preparing for GD

  • Privatization of public sector in India

  • Ban for Chinese apps in India

  • COVID 19 and slowdown of economy

  • Future of working systems and work from home nature

  • New National Education Policy (NEP) 2020

  • Government under Narendra Modi and team

  • Revolutions in Industrial world 4.0

  • Various scams in banks of India

  • Advantages and disadvantages of Social Media

  • New India 2022

  • Jet airways and their crisis

  • Necessity of entry of celebrities in politics



Topics in GD: categories 

MBA entrance tests are followed by Group Discussions/personal interviews and Written Ability Test (WAT). Based on the trends of topics in MBA admissions, so far, we can generally categorize them as – Current Affairs, Business and Economic topics, Abstract topics, topics based on facts, and controversial topics. For better understanding on this categorization, we provide you some examples of all these topics. The examples include:


category

Sample topics


Abstract topics

  1. Importance of patience in business and management

  2. India in 2025

  3. Do size matter or not?

  4. Is all publicity good or not?

  5. Women can handle various tasks at a time. Is it true or not?

  6. Lessons taught by failures. Will it have worth?

  7. Me too campaign

  8. Is freedom a fairytale

  9. Balancing work and life: is it a myth?


Topics based on facts/ current affairs

  1. Economic impact of COVID in the world

  2. New agricultural bills

  3. Mission of chandrayaan 2

  4. Self reliance policies: Atmanirbhar Bharat

  5. Companies Amendment Bill: advantages of companies

  6. Article 370: abolition good or not for the Kashmir

  7. Importance of Data Privacy for individuals

  8. Annual budget 2019-20

  9. Electric vehicles: India’s preparations for it

  10. Future of work at home system

  11. Necessity of mental health

  12. Aadhaar becoming mandatory: favor or against


Topics on business and economy

  1. Need of MBA in succeeding in business

  2. Bit coin/ Crypto currency: different opinions

  3. Privatization of Indian economy

  4. India to switch for clash less Economy

  5. Impact of technological progress in Banking sector

  6. Make in India campaign

  7. Legalizing business lobbying in India

  8. Corruption and economic slowdown in India

  9. Job opportunities and Automation and Artificial Intelligence

  10. Merging  of general and railway budgets

  11. Ups and downs of Demonetization


Controversial topics

  1. Who occupy Good managing skills: women or men?

  2. Verdict on Sabarimala case: right or wrong

  3. Acceptance of popular used language as national: acceptance and disagreement

  4. Allowing driverless cars in India

  5. Is banning cattle slaughter right?

  6. Bollywood vs .Nepotism

  7. Increasing intolerance in India: accepting or not?

  8. Ban on beauty pageants

  9. Do MBA create good business leaders?

  10. Dying democracy

  11. Impact of Pornography ban – effective or not



Topics for GD from previous years, exclusively for IIMs

Following are some of the topics selected from previous years, which came in IIM admission processes. Candidates who look to get admitted in IIMs can prepare for GD based on the idea you get through these topics.

  1. Justification on death penalty for gender violence against women (socially relevant topic)

  2. Zero (abstract)

  3. Advantages of travelling in making ideas and knowledge through experiences (social problem)

  4. India and cashless economy: are we prepared or not? (business related topic)

  5. Knowledge as biggest wealth in life: is it true or not? (abstract)

  6. Negative mindsets of children and less facilities for playing and refreshments (social issue)

  7. India’s mission on Mars (current affairs)

  8. Me too campaign (current topic)

  9. Bit coin / crypto currency (current issue)

  10. Scams in banking sector (relevant topic)

  11. Pollution /climatic changes (social issue)

  12. For and against encountering rapists in Hyderabad (social issue)

  13. Idea of bullet trains in India (business)

  14. Poverty: various aspects of poverty in India (economy)
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Thursday, December 9, 2021

MBA 2022: updates on UPESMET

 MBA 2022: updates on UPESMET


University of Petroleum and Energy Studies (UPES) is a university located in Dehradun. The university now had declared its schedule for admission 2022-23. The admission for MBA in the university will be carried through entrance test, known as UPES Management Entrance Test (UPESMET). This is an aptitude test conducted for selecting eligible candidates for MBA for each academic year. 


Schedule of UPES MBA admission 2022


Last date for application


24 January 2022

UPESMET exam date


28 – 30 January 2022

Declaration of results


February first week

Cut off announcement


3rd / 4th February (expected)

Interviews and Group Discussion


To be announced later

Admission for eligible candidates


7 – 12 February (expected)


Eligibility criteria for MBA in UPES


The admission for MBA in UPES will be held based on filtering process in different stages like– CMAT 2021, UPESMET and interview/ group discussion. About 30% of the seats will be occupied on the basis of national level exams like CAT or XAT. The basic eligibility criteria for MBA admission includes-

  • Exemption from UPESMET – candidates who secure above 70% score in Management Aptitude Test (MAT) or Common Management Admission Test (CMAT), 2021 will be directly selected for attending interview and group discussion. They do not need to come through UPESMET.

  • 50% or above score - in Common Admission Test (CAT) or Xavier Aptitude Test (XAT). 

  • 400 or above marks in Graduate Management Admission test (GMAT)

  • 120 or above marks in NMIMS Management Aptitude test (NMAT)

Following videos might help you.
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Wednesday, December 8, 2021

DETAILS OF CPA OVER MBA

 DETAILS OF CPA OVER MBA 


Degree in Accounting is one of the most essential qualities for people who look for pursuing a job in finance. A degree of Certified Public Accountant (CPA) is considered as a basic piece of paper needed to become a financial expert. This article mainly focuses to distinguish the differences and connections among CPA degree and MBA.

Generally, most of the experts suggest that MBA has more value when compared to CPA. This is mainly because of the time duration taken for completing CPA. A students need to secure 150 credit hours, in order to get certified as CPA. But, when we look into the usual degree courses, the demand is for only 120 credit hours. This will lead aspirants of CPA to work more time than normal degree. Sometimes, majority of the CPA aspirants try to complete CPA, along with ordinary degree, just to save the time. 

After getting certified a CPA, we can work in many public financial firms. Some of the works that a CPA can do includes-

  • Tax auditing

  • Advisory in tax matters

  • Auditing

  • Chief Financial Officer

  • Reporting head

  • CEO

But, when we look into the opportunities provided by MBA, we can see even more job chances there. It will provide more career paths other than Accounting. MBA will be the better option for people, who want to get in to the business world, but not in accounting parts. MBA will help you to limit your concentration on strategy-building, mostly for private objectives. It will create you as a good business strategist, who can make great ideas for progress in the firm. But when we look the output given by CPA, it will be focused more on emerging productions. The focus of CPA will be on three aspects- environmental, Corporate Governance, and social. MBA is related to you capability to do any role. On the other hand, CPA is all about accounting and its various aspects. 


Benefits of choosing CPA for a career in business world


CPA will give middle management roles in accounting or finance. But you can improve your position from entry level to above, through your brilliance and abilities. When going to high position like that, you will get more knowledge in the business that will be acquired through your works. Simply we can say that an accountant will become powerful, by getting thorough knowledge on the functioning of an industry. Moreover, CPA will give a space to you to jump between various departments, like finance, planning, treasury, and so on. It gives primary knowledge on tax direction, auditing and tax accounting, which are essential to run a firm successfully. This will also provide various benefits for you to succeed in the industry. We can simply generalize accounting as a dazzling point to other roles in a business world. 


Advantages provided by earning CPA 


CPA will give you more opportunities in advisory boards.  A person who is working with accounting can earn capabilities to work even in Board of Directors. Also, it will act as a practical indication to show the importance of commitment and understanding, in the work. Also, it acts as a base for doing business, or to work in business world. CPA can be considered as an entry point to the vast career, in business, which will last for whole life with immense benefits. 

Following videos might help as well.
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Monday, December 6, 2021

GMAT: which is better – prep course or self study?

 GMAT: which is better – prep course or self study?


MBA is one of the most popular career paths among students. In order to pursue MBA there are many steps, which are to be cleared before. Out of that steps, clearing GMAT is considered t be the first thing. No one can pursue MBA without clearing GMAT exams. In this article, we would like to introduce some ways before you for cracking GMAT, with a good score.


GMAT and MBA: what is the relation between both?


GMAT is one of the entrance exams for MBA admission. It is a multiple choice type test, which will rely mainly on your thinking capacity. The questions in GMAT will usually be quite puzzling, in which everyone needs detailed attention in proper. Since every question has its own importance, managing time is also very important to crack the exam.

The GMAT is one of the top competitive exams in the Business education fields. There are three main reasons for GMAT to get top position – 

  1. Capacity to read a problem

  2. Understanding and clarifying it properly

  3. Solving the work and creating error free data from it.


In every discipline the admission team will look to choose well known and well performing candidates. Similarly MBA admission also requires good performance and understandings. GMAT is usually considered as an indication point for selection criteria. Top scorers in GMAT will be selected quickly, when compared to others. So ensure that you study not only for just passing, but only for high scores.


Prep course or self study: Which is better?


Selecting the method of studying is completely based upon the interests and abilities of the students. According to the output you look for, you can choose self study or prep course method, for preparing for the test.  

Prep course is just getting prepared with the help of tutors. The course will be delivered through live classes or recorded ones, based on the tutors interests and availability. It will usually have two to three months duration, or sometimes even more. Through such classes, the tutor will provide you ideas and tips for going through the exam. But the problem with prep course is only that it may not suit for all students uniformly. Sometimes, they will be more comfortable for preparing themselves rather than having a preparation based on any prep courses.


Self study is effective only with the good plan. If you do not plan for preparing, you will surely miss completing the preparation in a good scale. Firstly, try to get thorough understanding about the exam, its pattern, and all such related things. Then you must make a timetable of your own, to get a well managed study period. Also, while making timetable, check for time management and its maintenance. Also, try to get quality studying than quantity. Even if you cover very less amount of topic, make sure that you are not ignoring all important topics. Moreover, give yourself enough short breaks, while studying, just to improve your mental stability. Along with this going through mock tests and charting your progress will also help you for maintain high score in the test. 


Prep course:  what will you get from it?


Prep course will introduce you to a guide who will provide you so many valid things for attending the exam, as well as for your future MBA education. They will give you tips about understanding a question from various views, like from a question makers’ point, students view point and so on. This will make you clear with looking a problem in more than one angle, in the test period. Also, they will give you basic knowledge about understanding the inner meaning of the question and about things not mentioned through word in it.

It will provide you to get equipped with their studies. It will make you more efficient in managing time, and dedicated towards studying. Prep courses will make you fit for managing time even in unplanned schedules. 

Moreover, the prep course will create a confidence in your mind, naturally, to face the test. It will give you a comfort level to face the test, by giving you many mock tests and other things before the time itself. Also, they will provide you some tips for clearing the test, I good manner. Along with that, they will introduce various schools and courses in MBA itself before you, to choose after the GMAT. This will help you to set your own score expectations in GMAT, to enter into such places. Thus, you can find yourself more relaxed when attending the test. 

You might like the following as well.

 https://www.gkworks.in/gmat/

https://www.youtube.com/watch?v=sxyqLNwqKzM
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Sunday, December 5, 2021

Tips and tricks to score better in IIFT , MBA Entrance 2022.

 Tips and tricks to score better in IIFT , MBA Entrance 2022.



IIFT 2022 is scheduled to be convened on December 5. The IIFT question paper is divided into Verbal Ability & Reading Comprehension, Quantitative Analysis, Data Interpretation & Logical Reasoning and General Awareness (GK).


In topper's suggestions students should focus on giving the mock tests and undergo self analysis. Also more attention should be given on already prepared subjects. Going through the previous year IIFT question papers and analyzing the paper pattern should be considered as an important part of exam preparation.


Toppers suggest proper management of time while attempting the question paper in the exam hall and all the questions should be attempted with more accuracy.

Here we are providing tips given by toppers for preparation of IIFT entrance-


Sequence of attempting the questions-


The section of question paper for which you are much sure about should be attempted on first priority. After attempting the most  confident section you should go for the easy questions which you find can be solved with no mistakes followed by those with least mistakes. The questions for which you are not not sure should be left for the last. 


Never give up-


Getting nervous by looking at the question paper is quite normal as the IIFT entrance is tough. But keep a thing in mind- never panic. Stay focused and try to put your best into the question paper and keep a thing in mind that these two crucial hours will decide your future. So put your 100% in the exam.



Tricks and Tips for Verbal Ability Section-


The trick to attempt the Verbal Ability section is really simple. Don't waste your time on the questions that you have no idea about. Focus on only the known parts of the section. Figuring out can prove to be a waste of time.


Tactics for attempting the GK section-


Don't ruffle when you go through a tough question, the section aims solely on general knowledge.Read out about the centres of important institutions and headquarters.

Business and economy segments should be one's potency.Read out about the new CEOs of big companies and other important people.

Keep attempting more and more mock test papers.


Tricks for solving the crossword-type questions-


If a tough crossword question comes into the paper then try to analyse it patiently. Try to form the words with all your might and the memory power. Use the knowledge of the previously solved questions.


Pattern of IIFT Exam 2022-


The IIFT question paper is consist of four sections- 


  • Verbal Ability & Reading Comprehension

  • Quantitative Analysis

  • Data Interpretation & Logical Reasoning

  • General Awareness (GK)


The Verbal Ability & Reading Comprehension

consists of a total of 35 questions.Quantitative Analysis section had 25 questions.Data Interpretation & Logical Reasoning contains 30 questions. General Awareness (GK) has a total number of 20 questions.

In the first three sections 3 marks will be awarded for each of the right answers. While for general awareness (GK) section 1.5 marks will be given for each right answer.


Guidelines for the day of the entrance examination- IIFT.


  • Do not forget to carry the admit card to the exam centre.

  • Punctuality is a must,try to be on time at the examination centre.

  • Do not forget to carry the requisite documents.

  • Never panic after seeing the question paper, calmly solve it by maintaining your focus.

  • Time should be managed properly.

  • All the mandatory precautions for protection against Covid should be taken.

  • Never waste more time on the questions you are not sure about.


Following videos might help as well.

https://www.youtube.com/watch?v=bpcIpW9Oy9U



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