ICICI Business Leadership Programme - Min 3 Yrs Work Ex Required

@rohit03 - the centre is near telephone bhavan, on hare street, very near to GPO. For hotels, if you are coming by train, then there would be plenty of options near howrah station. Yesterday one applicant told me that he stayed in a guest hoise just to the left side of the station ecit, where an ac room cost around 850, and a dormitory bed 130. He said it wss pretty clean.

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

I had my GD today at Bangalore. It was a case analysis on a company trying to expand in Agricultural aggregation and distribution and the GD was for 10 minutes. The GD was a complete fish market. There were around 3 to 4 guys shouting at the top of their voice and not allowing others to speak right from the word go. When others were not allowed to speak, more people added to create complete chaos. The coordinators were cool and calm and warned after first 5 minutes that they would disqualify the complete Group. But those few guys continued to shout and discuss out of context things. Finally the whole group got disqualified, some people did not get a chance to speak at all. It was really a bad experience for me. Only one guy got a chance to attend another GD as he had got a different case study, and was part of our GD, and did not speak anything.

Just a suggestion to guys whoever is preparing for the GD. The coordinators are just looking for an opinion from you, as per the questions given in the case analysis sheet. You would be seated in a semi circle, so u can start from one end, one by one, and put your points forward in 20 to 30 secs or so, and allow others to speak up. In that case everyone can put forward some points. And later you can enter the GD for another couple of times. The GD is a test of your opinion, thinking style, valid points, presentation and listening qualities. Do not deviate from the case, try to discuss only what is asked for. It would be helpful if you bond with your group mates well ahead of the GD and make sure that no one creates pandemonium on the GD table. I have heard even 6 to 7 people getting selected from a 9 to 10 group. So if your group is good and cooperative, all of you have a good chance to make to the PI round, from where its your individual struggle.

My journey stops here for this season.

All the best to everyone.


@tanujkhanna9 in the case study the profit of the comapny ws more than there debt, we should go ahead & invest. methods of investing can be dicussed & it will earn brownie points

@SamPani agree with you. This happened with my group also, entire group was disqualified. The case study was the same as yours.


Case study detail: (Its a 3 page long case study, recalled from memory)

Alex, is a ex IT person(from New york), invests in coffee business, in south india. Becomes a leader for his sector, has received number of awards for his accomplishment like XYZ certified and greenhouse cultivation. his company has increase in net profit from Y1 to Y2. They now want to enter horticulture and exotic food market. They see india has inefficient unorganized market. where there is huge demand. Alex has his own farms but its yield is not sufficient for the entire market, hence he thinks of buying yield of local farmers and removes middle man and helps in direct FARM to FORK, no intermediate between market and farmer. The farmers get good price. But due to unpredictable weather conditions and yield they need to be in constant touch with local farmers for regular supply. The farmers give their yield to the highest bidder which is one more issue. The yield from the local farmers is not of equal and good quality, this is another issue. Hence Alex has taken 120 local farmers and gave then latest technology using greenhouse usage and other modern method to monitor yield. Alex monitors these entire process end to end.

Questions: Should bank fund Alex idea to expand business?

Friends, I can remember just this much. Hope this info is helpful.

Some pointers, go to the last page where question is given, most of the passage is useless, read as swiftly as possible. Co-ordinators abruptly cm and ask to gv your view on case study, and now discuss, entire thing does not even take 15 mins. ALL D BEST PagalGuy folks :)
@SamPani The same thing happened with me and my GD Group.

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
dude, it was an average performance...could have been better...rest result will speak.

@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 ???
you are almost correct n to the point...i would add that the company should have a strong strategy i.e. for tier 1 it should be different n for tier2 n 3 it should be as per requirement like SPA n Sauna bath r not required in later case. before investing market should be studied properly....
nb.....what ever you speak be clear, slow, n speak confidently....dont rush to end ur answer.
they will be seeing ur confidence, clear communication...atb

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

is this the last gd batch for april session????
has anyone got a gd call for a later date?

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





@@isk good research :)

@isk : Hmmm interesting analysis..... I think ICICI can't or wouldn't want to force anyone not to work for its maximum potential, as its their harm..... specially at this level....
But after your analysis, this side of coin needs to be seen before taking final call....
Thanks

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.


Abt workload req u to pl ask anybody from CBG/risk/it not frm retail.

No hirings yet frm IIM's this yr.
@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.
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
@frenticfilosfer
@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..!!!
NISM one batch is already placed.Another ll be out this august.package info is correct only.but this is mumbai package where u ll get extra hra.other locations not sure,but for 12.5 lakhs CTC,min 70k ll b there anywhere in india.so for 15,in no case it ll b less than 80.
@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)
@1985amit r u already into one of dese programs..?/

wat abt point point no 4 and 5 ..are they true ..?
@998420