whoever hv applied for April 2013 batch...did anyone gt mail regarding exam dt?


@SamPani agree with you. This happened with my group also, entire group was disqualified. The case study was the same as yours.
evn my gd was a fish market .... i am not habituated with this culture as in my present org we dont communicate in this way .... though i hvnt cleared the gd ... i liked the short journey with ICICI .... congoz n atb to all successful candidates .... 
@sanjay_The_One said:@akumar1527 Hope that you did well in your interview
@tanujkhanna9 said:@akumar1527 : wrt to ur GD, Could you also share your answers: following below are my replies:1) being ambitious and their steady growth, i would like to offer loan to them, but I am totally not convinced by their over-ambitious expansion plan. Tier II and Tier III are way different than Tier I in terms of per capita income Also after a period of time mantaining profits in Tier I can be struggling.So for expansion i would provide them loan but for now only for Tier II and once they are able to support growth in Tier II we an move up the next level.2) Franchisee Model: Pros: Less Infrastructure costLocal Market well understoodNot heavy investment required to maangeCons: Profit SharingLess controlAs its a new upoming market, we would like to prove first our presence and then we would move to franchisee model for expansion growth.3) InflationCompetitiomSocio-Economic Inequality of Tier II and Tier III 4) After establishing name in TierI would slowly move to TierII based on surveys and analysisPlease correct me ???
When can we expect the results? And were we asked to write the supply information essays (challenges, achievements, hobbies, why MBA etc) today? And the space provided was definitely not sufficient enough to replicate the essays submitted online. Isn't it so? So was it not mandatory to submit those essays well before the interview?
hi
we were not asked to write any essay...
Hi guys i have some use full information for IT guys and 90% of the people who are looking forward for this program from CTC perspective.
I had seen one of the Bank branch managers CTC split today when he joined the Bank by doing Bank Po from manipal.
1) He had a CTC of 3.48 when joined but they got 17K per month in hand which is very less
2)Now after 4 years of work he has a CTC of 5.5lakhs but be get 31k per month in hand
3)All the Increments are on Basic,not on gross,means if you get a top rating also you will get a hike of 15% on Basic which will be 5 to 6 k per month thats it.
4)out of his 5.5 lakhs present CTC 1lakh is a loan component mean he can avail loan of 1lakh at 2.5% interest.That component is also included in ctc which is a personal loan at reduced rate thats it
5)He said that out of 15lakhs CTC there will be around 3-4 lakhs of the loan component which i explained above(Its a loan which we need to return back,they are not giving that amount to us)
6)He said we will be getting max of 70k per month in hand(out of which 10k loan repayment of loan taken for MBA from ICICI Bank)
7)60 % of the people from his batch left icici bracking the bond even though they have to pay 18% interest,The pressure is huge,No rest on Sunday also and the pressure is not on just month end or quater end.It is on daily basis.Even though you do well all the time and do i mistake once you are harassed like anything.
This all are his experiences in retail banking upto AM1 level(I.e; 2 ratings below M2), but don't expect a much difference in corporate office,may be some what better then this due to higer position.
Seeing all this,My opinion to all the guys is,Go to this program only in case of below scenario
-If you are not at all satisfied with your current job profile and you have very very high interest towards banking and finance
And for IT guys,being myself an It guy my Sincere advice is :
1) we have pressures on project to project basis not all projects have same pressure
2) we have pressure when project deadlines come or when we have client demos or visits
3) we have 5 days working at least for big It companies may be we need to come on weekends hardly for 5-10 weeks on an average for full year and some people get the pay for extra working also much better than banks 6 days of 9 to 9 working and phone calls on Sunday also
4)and regarding Pakage most important :when we have 7-8 lakhs CTC after 5 -6 years of experience(by the time we complete MBA by this program) we will be having 60k pakage
Now i shared all that i know,now its your decision guys
I don't say this opportunity is not worth for all,It may suit for some people and IT can be volatile when outside world is not good
I gave such a long explanation just because people should not change or spoil their career and life just for the illusion of 15 lakhs CTC which is a very good marketing stagy.
On a finishing note ::
Just think rationally an IIM guy on an average gets 7-10 lakhs as starting pakage and hope you all Know the standards of IIM education for which people prepare for years and it has world recognition
Hey All, please do share any info related to results.....
Isk . Pl dont speculate anything if u r not sure. I agree with some of ur points but just want to say 1 yr NISM program guys are getting 83k after tax & emi deduction. Salary structure do vary.
@998420 said:Isk . Pl dont speculate anything if u r not sure. I agree with some of ur points but just want to say 1 yr NISM program guys are getting 83k after tax & emi deduction. Salary structure do vary.Abt workload req u to pl ask anybody from CBG/risk/it not frm retail.No hirings yet frm IIM's this yr.
@frenticfilosfer said:How come ..is the hiring done for NISM once in a year.. i mean if its half yearly the first bacth wudnt have passed..!!!
@isk said:Hi guys i have some use full information for IT guys and 90% of the people who are looking forward for this program from CTC perspective.I had seen one of the Bank branch managers CTC split today when he joined the Bank by doing Bank Po from manipal.1) He had a CTC of 3.48 when joined but they got 17K per month in hand which is very less2)Now after 4 years of work he has a CTC of 5.5lakhs but be get 31k per month in hand3)All the Increments are on Basic,not on gross,means if you get a top rating also you will get a hike of 15% on Basic which will be 5 to 6 k per month thats it.4)out of his 5.5 lakhs present CTC 1lakh is a loan component mean he can avail loan of 1lakh at 2.5% interest.That component is also included in ctc which is a personal loan at reduced rate thats it5)He said that out of 15lakhs CTC there will be around 3-4 lakhs of the loan component which i explained above(Its a loan which we need to return back,they are not giving that amount to us)6)He said we will be getting max of 70k per month in hand(out of which 10k loan repayment of loan taken for MBA from ICICI Bank)