What went wrong Calculation errors Suggestions Making calculation errors is a

What went wrong calculation errors suggestions making

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What went wrong: Calculation errors Suggestions: Making calculation errors is a cardinal sin in case interviews so take an extra or two seconds to avoid that. But in case you make one, keep calm, try to recover and don’t let it affect the remainder of the case. ROUND 2 Personal/Preliminary questions: A brief discussion about my CGPA and Dramatics Case type: Multiple: Four mini cases(Approach only) Interview style: Friendly Case problem statement: Estimate the number of marriages in India. Retail bank in EU wants to enter in India? What all factors should they consider? List the revenue and cost streams of an IPL team. Mohan Da’s Revenue and cost streams. Interviewer: (Introduced himself) What did you do in college because your CGPA (7.6) clearly shows your heart wasn’t in academics? Candidate: (Some globe about extra-curricular activities) Interviewer: Okay. Estimate the number of marriages in India.
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IIM CALCUTTA CONSULTING HANDBOOK 19 Candidate: I would approach this problem by taking into account the number of men who get married every year. I would add a small percentage of this number to account for the remarriages. Interviewer: Go on. Candidate: I would first divide the population into male and female assuming a 50% sex ratio. Then I would take a rural-urban split since the proportion of men that get married at a younger age would be higher in rural areas and there would also be some child marriages. I would further split this into age brackets and attribute certain proportions of men that would get married within that bracket and then divide the number achieved in each case by the length of the bracket to arrive at a yearly figure. Interviewer: Good. Now estimate the number of taxis in Kolkata. Candidate: Sir, I did the same case in my last interview but I can quickly summarize the approach if you prefer. Interviewer: No need for that. Retail bank in EU wants to enter in India? What all factors should they consider? Candidate: They should look at both opportunity and the feasibility of entering. By opportunity I mean the market size, market growth, potential market shares and potential profits. By feasibility, I mean the competitive landscape, regulatory barriers, investment constraints and exit barriers. Interviewer: Great! Do you follow IPL? Candidate: Not regularly but I am reasonably aware, sir. Interviewer: List the revenue and cost streams of an IPL team. Candidate: Cost streams would be the player bidding costs, training costs, hospitality costs, advertising and team promotion costs. Revenue streams would be winning earnings, revenues from merchandize, sponsorships and advertisements. Interviewer: Alright. List Mohan Da’s Revenue and cost streams. Do you like eat ing at Mohan Da? (He was an IIM Calcutta alumnus) Candidate: (The conversation drifted towards food and case wasn’t addressed after that. He asked me to wait outside and within two minutes, he offered me the internship.) What went right: These were all cases that I had done before so this interview was a smooth sail.
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