@yesarpit said:@meepal i live in HSR bangalore ...wen is gd pi in bangalore?
wen is ur date for GD/PI ....??
@frenticfilosfer said:wen is ur date for GD/PI ....??
done with exam today only....havent received any confirmation yet....what abt urs?
@looser82 said:I got a cal from ICICI Hr and my GD PI is on 9th Feb I have been asked to fill the OPQ and I have been asked to reply on the same mail attaching my 10th, 12th and Degree cirtificate before attending the interview.
U have to attach the scanned copies to the mail n reply or upload it on ICICI site ... I hav been asked to upload it on d site...
@strong_lilly said:Hi guys any idea about the ppl apearing in the mid of jan. has nebdy who wrote xam in jan got call for gd/pi yet?
Not MID Jan......i gave it on 5th and have been called fr the GD/PI...
@yesarpit said:done with exam today only....havent received any confirmation yet....what abt urs?
Bro ...i had given it on 5th Jan .....i got a call fr GD on 9th in Bangalore..!!!
U may get ur result probably in a couple of days..or as fellow puys are saying on 2nd Feb...
Al d best fr it ..!!!!!!!!!!
@yesarpit said:done with exam today only....havent received any confirmation yet....what abt urs?
Bro ...i had given it on 5th Jan .....i got a call fr GD on 9th in Bangalore..!!!
U may get ur result probably in a couple of days..or as fellow puys are saying on 2nd Feb...
Al d best fr it ..!!!!!!!!!!
@frenticfilosfer Oh! sure why not ... GD case-lets are a bit of concern. not getting enough of them...
@frenticfilosfer Does not matter bro.. They should be calling most of the people who appeared for the exam. Its the GD/PIs which are the eliminations rounds. So will have prepare for it.
To all the BLP aspirants...Here comes d first GD caselet...!!!!!!!
Inviting more of such caselets..
It was the early 1930s, when a physician-turned textile trader in rural Karnataka found his business getting interrupted for want of regular supplies of cloth from the weavers. When he enquired with the weavers about the reason for their irregularity, he was told that there was no
working capital available to them. There were no banks in the area. The one located in the town was not interested in lending to small operators particularly in the rural area. Local moneylenders used to charge very high rates of interest; borrowing at those rates had ruined some weavers in the past. The weavers therefore have developed a habit of working intermittently as and when their own money from sales came in.The trader therefore had to find a way to ensure uninterrupted supply of goods in his shop,without which his own business was not viable. He thought of bringing the goods from Bombay,but found that the process would be very expensive and time-consuming, as the area did not have any direct road/rail links with Bombay. Besides, the transporters were not at all reliable.
Examine the courses of action available to the trader under the above circumstances. What are your recommendations?
@saurabh1938 said:Ohh man.. I confirmed my admission at SOIL today by depositing a non refundable fees, and now when in night I opened my mail box I got invite for GDPI on 7th feb... really confused now.. what to do.. SOIL is not bad.. but guaranteed ROI offered by ICICI cant be ignored.Does anybody know what would be the acceptance ratio for candidates called for GDPI?
it would be a lot lesser than written , because written has absolute cut-off but GD-PI is judged realatively 
@lordsourav said:@frenticfilosfer Does not matter bro.. They should be calling most of the people who appeared for the exam. Its the GD/PIs which are the eliminations rounds. So will have prepare for it.
Not like dat bro ...i read a post in this thread from a current student of the program...He had quoted some figures ...lemme dig out fr it...!!! gimme sme time..
@998420 said:Statistics of 3rd Batch : Around 24k a pplied , 19k took BMAT exam.Around 2000 called for GD Subsequently 300-400 selected for PI. Finally around 90 got selected & 76 joined.This is solely by view. Actual data may differ ..
these are the details for the 3rd batch..!!!!!!!!!!!!
Caselet No. 2
She had an earning of Rs.203 from this venture. She used to sell these bottles at Rs. 10/bottle when market price for such pickle was Rs.16. Since she was handpicking her tomatoes her quality was also maintained. A friend told her that if she did this exercise just 4 times a month then she would be able to earn more than what she is presently earning with her rope trade.
Kaveri Amma is a 40 yr old woman who has 2 daughters - 1 is married and the other is doing her 10th standard. She works in a cooperative where 35 other women support her. She makes ropes in the cooperative and earns Rs.600/ month. She was looking for alternative ways of making a little more money. She knew how to make a special kind of pickle. She bought the required stuff - tomatoes 8kg at a total cost of Rs.30, 1.5 l of oil at Rs.90, 40, 200 gm bottles at Rs.20, miscellaneous ingredients (ginger, garlic etc.) at Rs.57.
She had an earning of Rs.203 from this venture. She used to sell these bottles at Rs. 10/bottle when market price for such pickle was Rs.16. Since she was handpicking her tomatoes her quality was also maintained. A friend told her that if she did this exercise just 4 times a month then she would be able to earn more than what she is presently earning with her rope trade.
A young graduate Sheela heard about Kaveri Ammas business and offered her a loan of Rs.15000 to set up pickle making unit plus a Rs. 5000 grant.
Should Kaveri Amma accept this offer??
Caselet 3
Mr. K. Nagesh hails from a middle-class family. His father was an officer in the Finance
department of the Government of India; he has retired recently and is settled in Delhi.
Nagesh had his School and College education in Delhi. Though he was a bright student, he
could not achieve his desired goal of doing B.Tech. in Electronics/Computers from one of the
IITs. So he took up studies at the Delhi College of Engineering in the branch of Mechanical
Engineering.
Soon after he completed his engineering studies, he got a shop-floor job with TELCO in
1982. Considering the jobs available for mechanical engineering graduates in the early 1980s,
this was a very good job. However, Nagesh was not happy with it, as his heart was always with
electronics and computers. Since he has not had any professional education in the field, it was
not very easy for him to get a respectable job in a computer/IT company. Starting something on
his own in the field was an option but he felt that it would be very risky because of his lack of
education or experience in the field. Nagesh was therefore considering the various options
available to him.
Even with his mechanical engineering background, he could get a job in a
computer/electronics company. But without proper qualifications, the chances of his
getting into the mainstream business was low.
Opportunities for part-time education in computers near the place of his work was nonexistent
at that time. Nagesh was prepared to quit his job to pursue full-time studies in
electronics/computers. But his parents were not in favour of that. They thought it was
unwise to leave the job in a respectable company, especially at a time when his father
was retired and the family had to depend on his income to a large extent.
Nagesh spotted a few business opportunities in the computer and electronics field:
a) There were hardly any companies doing the maintenance of electronic equipment in
those days, except CMC. The latter would do it only for government organizations,
leaving a large gap in the private sector.
b) The most neglected segment is that of the low-end machines. But the problem here is
that these machines are widely dispersed and give very low returns compared to the
efforts required to maintain them. The high-end machines, on the other hand, will
give good returns but needs very high levels of expertise as well as investment.
c) Large companies selling computers find it unviable to service the machines even
during the warranty period. However, there was no system at that time to contract out
such services. So it would be difficult to persuade these companies to do so and take
a service contract from them.
* Prepared by Mathew J. Manimala based on an enterprise report in Business India, November 18December 1
1996, pp. 184-185.
3
d) Computer manufactures at that time were concentrating on large volume/large value
sales. One of the segments that was neglected at that time was the educational and
scientific research institutions. Developing sales in this segment could be a business
opportunity, but there is a risk of the developed market slipping away into the hands
of large players.
e) Networking of computers within the organization was not very common at that time.
Companies were not very convinced about the advantages of networking; so there
were difficulties in creating a business opportunity from this situation, even though
the scope for such work is fairly large.
f) In a casual conversation with an NRI entrepreneur it was suggested that Nagesh could
take up the distribution of the communication equipment being manufactured by the
NRI. The latter was also prepared to provide part of the initial capital required.
There were, however, some complaints that the equipment manufactured by him had
quality and reliability problems.
g) The most important problems being encountered by the aspiring entrepreneur,
according to his own perception, are the following: (i) his own lack of expertise in his
field of interest; (ii) his inability to attract highly qualified professionals for a venture
to be started by him (such professionals would rather work in large reputed
companies and would not care for a start-up venture); (iii) shortage of funds and/or
investor partners with the right competencies.
Under these circumstances, Nagesh is thinking hard for a way out to fulfil his aspiration
to be an entrepreneur in his chosen field. You are required to suggest innovative, implementable
and cost-effective solutions to his problems.
department of the Government of India; he has retired recently and is settled in Delhi.
Nagesh had his School and College education in Delhi. Though he was a bright student, he
could not achieve his desired goal of doing B.Tech. in Electronics/Computers from one of the
IITs. So he took up studies at the Delhi College of Engineering in the branch of Mechanical
Engineering.
Soon after he completed his engineering studies, he got a shop-floor job with TELCO in
1982. Considering the jobs available for mechanical engineering graduates in the early 1980s,
this was a very good job. However, Nagesh was not happy with it, as his heart was always with
electronics and computers. Since he has not had any professional education in the field, it was
not very easy for him to get a respectable job in a computer/IT company. Starting something on
his own in the field was an option but he felt that it would be very risky because of his lack of
education or experience in the field. Nagesh was therefore considering the various options
available to him.
Even with his mechanical engineering background, he could get a job in a
computer/electronics company. But without proper qualifications, the chances of his
getting into the mainstream business was low.
Opportunities for part-time education in computers near the place of his work was nonexistent
at that time. Nagesh was prepared to quit his job to pursue full-time studies in
electronics/computers. But his parents were not in favour of that. They thought it was
unwise to leave the job in a respectable company, especially at a time when his father
was retired and the family had to depend on his income to a large extent.
Nagesh spotted a few business opportunities in the computer and electronics field:
a) There were hardly any companies doing the maintenance of electronic equipment in
those days, except CMC. The latter would do it only for government organizations,
leaving a large gap in the private sector.
b) The most neglected segment is that of the low-end machines. But the problem here is
that these machines are widely dispersed and give very low returns compared to the
efforts required to maintain them. The high-end machines, on the other hand, will
give good returns but needs very high levels of expertise as well as investment.
c) Large companies selling computers find it unviable to service the machines even
during the warranty period. However, there was no system at that time to contract out
such services. So it would be difficult to persuade these companies to do so and take
a service contract from them.
* Prepared by Mathew J. Manimala based on an enterprise report in Business India, November 18December 1
1996, pp. 184-185.
3
d) Computer manufactures at that time were concentrating on large volume/large value
sales. One of the segments that was neglected at that time was the educational and
scientific research institutions. Developing sales in this segment could be a business
opportunity, but there is a risk of the developed market slipping away into the hands
of large players.
e) Networking of computers within the organization was not very common at that time.
Companies were not very convinced about the advantages of networking; so there
were difficulties in creating a business opportunity from this situation, even though
the scope for such work is fairly large.
f) In a casual conversation with an NRI entrepreneur it was suggested that Nagesh could
take up the distribution of the communication equipment being manufactured by the
NRI. The latter was also prepared to provide part of the initial capital required.
There were, however, some complaints that the equipment manufactured by him had
quality and reliability problems.
g) The most important problems being encountered by the aspiring entrepreneur,
according to his own perception, are the following: (i) his own lack of expertise in his
field of interest; (ii) his inability to attract highly qualified professionals for a venture
to be started by him (such professionals would rather work in large reputed
companies and would not care for a start-up venture); (iii) shortage of funds and/or
investor partners with the right competencies.
Under these circumstances, Nagesh is thinking hard for a way out to fulfil his aspiration
to be an entrepreneur in his chosen field. You are required to suggest innovative, implementable
and cost-effective solutions to his problems.
Prepare a detailed plan for the start-up, specifying
the choices to be made at each stage and justifying those choices.
the choices to be made at each stage and justifying those choices.
Problem:
1. Lack of steady flow of cheap raw material.
2. lack of credible financial support for the weavers.
3. The over dependence of the weavers on the sale processed for the their further production.
Fact:
1.The promoter is a Physician turned Textile Businessman.
2.He is primarily a trader.
3.Banks are not interested in lending these poor men.
4.Local money lenders are not an encouraging option either.
Possible Solution:
1. The Trader could approach the bank and persuade them to lend the contracted weavers on the basis of his personal guarantee.
2. he can take it up the local civil administration and try and work for a special grant for these weaver.
3.He can buy the weavers. employ them, fund the the raw materials himself.
@frenticfilosfer well then for me GD is the most important huddle..... I hope I can prepare myself well enough.
@frenticfilosfer
Let me share my Point of view.
Though still am not qualified for GD-PI Yet would try in answering.
1.Kaveri Amma should not accept this offer
Reason Already she is making 600 per Month and Now from this extra venture assume
she is making rs 203 per venture,so Min 4 times a month is 203*4=812 so in a Month she is earning approx 1412,per Month she earns,now instead of taking a loan for rs 15000 she can continue this pickle venture for a while where she will earn max say 5000 per month and other side her job salary say let about 5 yrs it increases to few % and she is earning 1500 per month then her total income could be say 6500 per month and then she can think about taking this loan of rs 15000,now if she takes this loan,it wud be loss for her and she wudnt be able to continue her normal business
so according to me kaveri amma shudnt accept this offer
friends this is my 1st case study in my 27 yrs of life ,never even seen like this before
so i may be wrong also
so all your feedback and thoughts appreciated,which wud help me in improving myself.
@lordsourav @rajathpanta @meepal @rahultuteja29
Guys count me in for 9 Feb GD/PI..Same Venue(Bommanhalli).
for ist one ,
since weaving business is small one. we cannot go for business loans
avail weavers credit card offered by bank of baroda / oriental bank which gives revolving credit up to 2 lakhs