IIM Bangalore Interview Experience

Body

WAT - A well renowned AI historian writes that AI can learn and change on its own, therefore it's hard to control. Comment about this argument and suggest ways to deal with such predictions.

Wrote about controlling of source training data and hard stops for unwanted chain of thoughts by ai.

Expecting 6.5-7 out of 10

Interview panels - one Sir (S), one Ma'am (M), both old.

M - So you're the last in your panel, feeling tired?

Me - No ma'am I'm very excited for this opportunity

M - Did you get any insights from the other guys?

Me - yes ma'am I was asking them whether they got a chance to introduce themselves, and they said no

M - oh do you want to introduce yourself? Go ahead.

Me - (speaking about my life) stopped by M when I said I estimated the return on my MBA through discounted pay back method. Said that I also prepared a qr code with the link to the excel sheet in case they wanna take a look

M - oh no need, just tell us about it.

Me - told

M - so how much time does it take you to pay back?

Me - somewhere around 3.47 years

M - you'll pay back the loan in that time?

Me - no ma'am this is when my present value of cash inflows by virtue of my mba

M - you're not working, so are you considering only loans in this?

Me - no ma'am also my foregone earnings if I get a job

M - is it tough getting a job after bcom? You could have taken a job, we give points for that

Me - it is a bit tough ma'am in this market, and less than 12 months have very negligible points

M - so did you have a job offer?

Me - no

M - so how much does an mba cost you? You said in foregone earnings you can earn 4.5 lakhs in hand in this market without mba.

Me - I can't recall the exact figure I calculated, but approx 35 ish lakhs instead of 40 ish (by simple addition) because of present value of money factor

M - so how much do you expect to make after mba?

Me - explained my calculations with assumed ctc 25lakhs and in hand rate 70-75%

M - further cross questioning on in hand rate in different domains, and meaning of ctc

M - have you done stability analysis?

Me - I'm afraid I haven't heard of that term

M- like did you acknowledge uncertainties? Like are you sure you'll get a 25 lakh package?

Me - explained that I made a Calculator and can use optimistic and conservative assumptions.

M - so what's the range?

Me - 2 to 4 years

M - you told about new tax slabs, what are 2 more reforms in budget?

Me - custom duties removal in medicines and ev battery and semiconductor

M - something about msme?

Me - redefining of limits and increased loan for them

M - so what's the effect of the first?

Me - more firms can register as msme.

M - for existing firms?

Me - I haven't thought about that. I was then told to think now. I told, they can get more funds and still retain status as msme

Passes on to Sir

S - you mentioned something about a club in your sop?

Me - (had formed a stupid teetotalers club just a month ago, spoke about that)

S - so you had no experience with that and just wrote it on the sop? Hardly days before sop you formed the club! (Visibly frustrated)

Me - yes sir, I was very excited about that at that time, I agree that was a bad point to include in my sop. Part of the reason I wanted to introduce myself at the start of the interview because I felt my sop is weak

S - I'll ask you about finance. Asked about poverty solving through rbi giving money to poor people every 3 months. Why doesn't it?

Me - Sir currency is just a means of exchange. If I have 10 apples and you have 10 oranges,...

S - why bringing apples oranges, talk about the problem at hand

Me - explained how printing more money reduces purchasing power of all and that it's a short term solution

S (after cross questioning more and still not satisfied) - Since you talked about risk free return (had told this during discount rate calculation to M), tell me about sovereign bonds.

Me - havent read about that sir

S - it was in every major newspaper. Don't you read news?

Me - no sir but I keep tab of news

S - any recent news?

Me - chatgpt vs deepseek

S - there is something more recent in that field

Me - tried answering about alibaba's ai but S told to leave it

S - who decides money's worth?

Me - not very sure, but the govt doesn't set the value directly, maybe foreign exchange

S - no. Ok what's happening with rupee on foreign exchange?

Me - it's falling down

S - why?

Me - tried to answer about tariffs

S - so how was it performing before Trump?

Me - accepted that I don't know and after multiple to and fro, he let me leave. I tried to bring in demand supply curves in it, he told me to explain, I started and he immediately stopped me.

Back to ma'am

M - so you plan to work in finance?

Me - yes ma'am but not decided any particular role yet. Want to explore which opportunities best fit me.

M - ok that's all you may leave.

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