It has been a while since I wrote here.

I’d just finished my 2-week vacation and perhaps, this happens to be the most productive. I’ve completed the paperwork for the education loan and the change of address (in passport).

For international students, it’s almost impossible to find a loan in Canada, presently. One needs to posses a permanent resident-ship status, or at least have a Canadian Citizen willing to cosign the loan. Ivey does recommend international students to arrange for the funds in their home countries.

Having thoroughly researched various processes of banks, and compared the rates of interest and the guarantor requirements, I’ve decided to avail the loan from Corporation Bank of India. These Interest rates are decided by the Banks themselves, based on various factors recommended by Reserve Bank of India such as the Cash Reserve Ratio. Each Bank has its own prime lending rate (technically they call it BPLR or Benchmark Prime Lending rate) and the interest rate is arrived at using the BPLR(+ or -), which changes from time to time. At present, Canara Bank offers for the least interest rate (11% p.a.). However, they do need a guarantor who can cosign the loan, in addition to pledging a collateral security. Guarantor is required to be a working member and some banks do insist that guarantor be creditworthy (at least equal to the loan amount). On the other hand, Corporation Bank offers at 11.5% p.a. and there is no guarantor requirement. As long as one can manage the collateral, he is eligible to apply for the education loan. In my case, I’ve decided to pledge my Father’s house that is expected to have a value at least twice as that of the loan amount. He would also act as the guarantor.

Submitting the application papers was not as easy as I had originally expected. It took me almost 2.5 hours to fill in just the application form. Found things tough when gathering support documentation, especially the ones that involved Government Officials for documents such as the certificate of encumbrance. Managed to complete my part (paper work) within 2 working days. Thanks to my Father who had been organizing and archiving all sorts of papers from land documents to electricity bills. Bank authorities were more than helpful and patient enough to answer my concerns and queries.


Typically, the following documents are required to apply for an education loan in India:

1. Completed Loan Application Form
2. Address proof (Ration Card, Bank statements, Telephone Bills should do)
3. Proof of Date of Birth.
4. Degree certificates, transcripts and mark sheets (Class X, Class XII, Graduate Degree)
5. Proof of occupation of Parent/ pension certificates; Guarantor’s proof of income (salary slip or pension statements if retired)
6. Copy of passport and driving license
7. Passport sized photos
8. GMAT score report
9. Admission letter from University
10. Cost of Study/living expenses. Preferably an official letter.
11. Proof of funds for the remainder of expenses requirement (the amount that is not fulfilled by the loan). This amount is termed as “Margin”. If the cost of program+ living expenses is Rs. 45 Lakhs, and the loan applied for is Rs. 20 Lakhs, then margin is Rs. 25 Lakhs. This proof may be in terms of savings, investments/bonds, loan from Family/friends/employer, etc.
12. Employment contract, if any,
13. One would also need to state the expected income/expenditure statement, post-MBA. This is essential to calculate the percentage of EMI to repayment ability.
14. Proof of collateral securities. In case of house property, following are needed:

  • Land/House documents
  • Parent document of the land/house, if possible
  • Certificate of encumbrance on property (from date of purchase till date)
  • Plan approvals by Government
  • Property tax, Water, Electricity bills/receipts
  • Re-conveyance certificate (this is required if there had been any previous loans on the same collateral)
  • Past legal opinions, if any.

The application is currently under progress. I expect receiving the sanction letter as soon as the bank receives reports from the property valuation team, and the advocate for legal opinion. Things are looking positive at this time.

To the benefit of new readers of this blog: There’s been a lot of information (blog posts, discussion notes, events, stories,videos, pictures, etc) made available at the Ivey Facebook page. Prospective students may want to post a question to receive a response from admissions committee/current student or alumnus. Watch this page for new updates.

Raising money or securing the expertise to turn your great idea into a profitable venture isn't easy.

Let the Richard Ivey School of Business help by attending the Ivey Entrepreneurs Forum on Thursday, November 13 at the Toronto Board of Trade, First Canadian Place.


Read on...

Flyer

The advanced department at Ivey, publishes and distributes Intouch (tri-annual magazine) and @Intouch (a monthly newsletter). A brilliant and exhaustive coverage - I could instantly realize the true potential of “Ivey” brand, reading through these archives.

http://www.ivey.uwo.ca/alumni/intouch/magazine/archives.htm


Can’t wait until I start at Ivey next spring.

Time Management by John Hoover, is a wonderful book that I read during weekend. I could relate more examples from my work life to the practices dictated in this book. Surprisingly, I’ve already been unknowingly practicing some of these techniques. Nonetheless, I sense that this book is a great read for those who believe that they don’t have enough time.

Here are my key takeaways:

  • Those who manage their time well, tend to have a big picture of their goals at work and life. They can easily breakdown goals into smaller units and later transform them into action oriented to-do lists.
  • Be motivated to learn from mistakes and feedbacks.
  • Three Elements of Goal management: Long term Goals (typically more than a year); Objectives (Complicated in a month or more); Tasks (Daily and weekly action items). First step in time management is to set the right long term goals and supporting them with objectives and daily actions.
  • Set measurable goals. Do not set vague goals such as making your company best in the world. What does “best” mean here? Is it about making the most profit or best place to work or beating all competitors in your industry or what not? Increasing the revenue by 25% is a measurable target.
  • Set realistic deadlines to finishing the tasks. Completing MBA in 1 month is unreasonable, isn’t it?
  • Complex projects are ambitious but not impossible. Break them down into objectives and actionable tasks, ultimately. This process is called chunking. A seemingly impossible project that runs for more than a year may be broken down into daily, weekly and monthly progresses. “A journey of 1000 miles begins with a single step” – Famous Eastern Proverb.
  • Objectives are important because failing to achieve them on time, jeopardizes long-term goals. Achieving objectives would also build on confidence.
  • Don’t rely on memory alone: Most best time managers agree that writing down the tasks is the key to effective time management. Lists help in organizing goals, objectives and tasks. Lists make you feel in control and prioritize tasks. Questions such as who, what, when, why, where and how might be handy to prioritize tasks. Anticipate unexpected factors that can affect and change priorities, such as financial concerns, deadlines, co-worker’s commitment, other projects, etc.
  • “Just get it done” attitude certainly helps. Do not procrastinate.
  • Creativity does flourish when patterns are rearranged, however, it can occur only in an organized environment.
  • Use technology to effectively manage tasks (emails, reminders, and archives, can be quite handy)
  • Be on the look out for time traps such as too much of Instant Messaging, excessive chatting with co-workers, online games, etc. Saying “No” to time wasters is like buying extra time.
  • Be flexible and be ready to accommodate unforeseen surprises in the schedule.
  • Never forget to factor in “Thinking Time”.
  • Don’t be afraid to complete tasks out of their chronological order.
  • When emails don’t get handled efficiently, they disorganize the work area.
  • Don’t call for a meeting unless you have a clear idea about the purpose of the meeting. Meetings have the potential to turn into incredible time wasters. Prepare for the agenda in advance and inform participants their roles. Plan logistics to minimize disruption.
  • Being too casual at work or pressing too hard, can burn you out.
  • Respect everyone’s time. Be short and succinct.
  • Try and complete a project within the deadline, by being more productive during working hours and not by dedicating extra time from personal time.
  • Don’t waste time by dwelling over things that cannot change.
  • Don’t work fast and furious. Patience certainly helps.
  • Never hate to voice your opinion or ask a question.
  • Make sure to celebrate/reward your team when objectives are achieved.

By popular demand, I am publishing the reference archives that I created whilst preparing for GMAT.

1. The Communique - A collection of usage related pointers

2. The Sums - A collection of arithmetic concepts for competitive examinations

Feel free to download them, review and send me your comments.

Here's the most awaited enhancement from Google. Gmail and Google Calender soon to be Google gears(Offline access) enabled. Follow this for the sneak peek.

Interview with Niki Healey, MBA Admissions Director at Ivey: follow this link to read the transcripts.

Courtesy: Pagalguy.com

The application deadlines for Ivey MBA 2008-2009 have now been announced.
Click here for details.

MBA Intakes

Intake

Start Date

Completion Date

Fall 2008*

Sept. 2, 2008

Late August 2009

Spring 2009

Early May

Late April 2010

Fall 2009

Early September

Late August 2010

Application Deadlines

Spring & Fall Intakes

Round 1

September 1, 2008

Round 2

November 6, 2008

Round 3

January 5, 2009

Round 4

March 2, 2009

Round 5 (Fall only)

June 1, 2009


Am going to find my future class mates, soon ;-)

Nicholas Leeson is a former derivatives trader who was responsible for the collapse of Barings Bank in 1995, shaking the entire financial world. Nick was sentenced six and a half years in Changi Prision, Singapore and was released having been diagnosied with colon cancer(later on cured completely). But despite all odds, Nick survived and he now serves as a CEO of an Irish football club. Nick is one of the world's most in-demand conference and after dinner speakers.

Ivey students got an opportunity to meet with this legend and learn how not to put oneself into similar financial debacles. They also discussed a case on the collapse of Barrings Bank.

To those who are yet to begin on the admission process:
http://docs.google.com/View?docid=dcgrrvvk_29ds36frdz - I've consolidated here, my various "MBA Applications" related posts from this blog.

Above and beyond the obvious striking features of Ivey such as these, the distinguishing element, according to me, is the comprehensive success Ivey alumni could demonstrate. Having extensively benefited from BITS-Pilani alumni, I comprehend the potential behind a powerful alumni network and I view these networking rudiments as crucial components that will accelerate my dreams towards reality. Ivey has 20,000+ alumni worldwide and one in four of them hold titles such as Chair, President, CEO, Vice-Chair, Vice-President, Managing Director or Partner in their companies.

Notable alumni include:
  • Kym Anthony, Former Chairman & CEO, TD Securities, Canada
  • Paul Atkinson, CEO & Chairman, Casero Inc., Canada
  • Thomas Bailey, Founder, Janus Capital, USA
  • E. Scott Beattie , Chairman / CEO, Elizabeth Arden Inc., USA
  • Duncan Brown, CEO, Ontario Lottery and Gaming Corporation, Canada
  • Laurie G. Campbell, Managing Director - Debt Capital Markets, Banc of America Securities LLC, USA
  • Ronald D. Charles, Managing Partner, Caldwell Partners International Inc., Canada
  • Henry Cheng, Managing Director, New World Development Co. Ltd., Hong Kong
  • Andrew Chisholm, Managing Director - Investment Banking, Goldman Sachs & Company, USA
  • George Cope, President & COO, Bell Canada, Canada
  • David Cornhill, Chairman / President & CFO, AltaGas Income Trust, Canada
  • Patrick Crowley, CFO, OMERS Administration Corporation, Canada
  • Darin Deschamps, Managing Director - Corporate & Investment Banking, National Bank Financial, Canada
  • Kirsten Feldman, Advisory Director, Morgan Stanley Dean Witter & Co, USA
  • Don Getty, Former Premier of Alberta, Canada
  • Serge Gouin, Chairman of the Board, Quebecor Media Inc., Canada
  • Steven Gunn, CEO, Sleep Country Canada, Canada
  • Paul J. Hill, President & CEO, Harvard Developments Inc., Canada
  • Timothy Hockey, Group Head Personal Banking & Co-Chair, TD Canada Trust, Canada
  • Timothy E. Hodgson, CEO, Goldman Sachs Canada, Canada
  • James Hunter, CEO, NexGen Financial LP, Canada
  • Richard W. Ivey, Chairman and CEO, Ivest Corporation, Canada
  • Donald Johnson, Former Vice Chairman Investment Banking, BMO Capital Markets, Canada
  • Michael Kanovsky, President, Sky Energy Corporation, Canada
  • David J. Kassie, Chair & CEO, Genuity Capital Markets, Canada
  • Edward Kennedy, President & CEO, The North West Company, Canada
  • Gar Knutson, Former Minister of Parliament, Government of Canada, Canada
  • Arkadi R. Kuhlmann, Chairman / President & CEO, ING Direct USA, USA
  • Louis Lagasse, Chairman, Group Lagasse, Canada
  • Gilles Lamoureux, Vice-Chairman, Ernst & Young Orenda Corporate Finance Inc., Canada
  • Walter LeGrow, Entrepreneur, LeGrow HR Consulting, Canada
  • Stephen Lister, Managing Partner, Imperial Capital Group, Canada
  • John Love, Managing Partner, KingSett Capital, Canada
  • Terrence Lyons, Chairman, Northgate Minerals Corporation, Canada
  • Timothy Macdonald, President, A.T. Kearney Ltd., Canada
  • Christine Magee, President, Sleep Country Canada, Canada
  • Chris Matthews, Chairman, Hay Group, USA
  • Michael McCain, President & CEO, Maple Leaf Foods Inc., Canada
  • Stephen D. McDonald, Co-Head, Scotia Capital Inc., Canada
  • Donald McDougall, President, Rambri Management Inc., Canada
  • Pierre Morrissette, President & CEO, Pelmorex Inc., Canada
  • Michael Needham, Chairmain / President & CEO, SimEx Inc., Canada
  • Richard Nesbitt, CEO, Toronto Stock Exchange (TSX), Canada
  • Dave Nichol, Founder, President's Choice, Canada
  • Robert Nourse, Founder, The Bombay Company, USA
  • Kevin O'Brien, Partner, SECOR Consulting, Canada
  • T. Kevin O'Leary, Managing Director / Dragon from Dragon's Den, NorthCoast Captal LLC, USA
  • R. Jeffrey Orr, President & CEO, Power Financial Corporation, Canada
  • Gilles Ouellette, President & CEO - Private Client Group BMO Financial Group & Vice Chairman, BMO Nesbitt Burns Inc., Canada
  • C. James Prieur, Former Corporate President and COO for SunLife Financial, CEO, Conseco Inc., USA
  • Stephen Quinn, Chief Marketing Officer, Wal-Mart Inc., USA
  • Bruce H. Reid, Former President & CEO, The Brick, Canada
  • Larry Rosen, Chairman & CEO, Harry Rosen Inc., Canada
  • Paul Sabourin, Chairman & Chief Investment Officer, Polar Securities Inc., Canada
  • Heather Shaw, Executive Chair, Corus Entertainment Inc., Canada
  • Joseph C. Shlesinger, Managing Director, Callisto Capital LP, Canada (former Director / Co-founder of Bain & Company Canada)
  • William Shurniak, Chairman & President, Northern Gas Networks Ltd., UK
  • Douglas Speers, Chairman, Emco Corporation, Canada
  • V. Prem Watsa, Chairman & CEO, Fairfax Financial Holdings Limited, Canada
  • Andrew Wiswell, President & CEO, NAL Resources Trust, Canada
  • Donald Woodley, Former President, Oracle Corporation Canada & Compaq Canada, Canada
  • Lee Seng Wee, Former Chairman, Oversea Chinese Banking Corporation, Singapore

Learning from Chap1 of "MBA in a day": Human Resources

General pointers
  • Recruiting and retaining competent employees tops the agenda of a HR
  • Managers and HR must be flexible and adapt to the changes
Planning
  • Assess current staffing requirements and (or) project future
    • Organization’s strategic vision
    • Short/long term goals
    • Market’s impact on the changes in organisation
    • Impact of resistance to these changes
  • Evaluate the human capacity needed to meet objectives of the organisation, estimating number of people required per department/team/etc. This is done based on feedback
    • Requires understanding of business + assessments from experienced managers
    • Comparing with the benchmarks (perhaps with numbers from similar organisations)
    • Excessive workload to employees can often lead to burnouts and increased costs in the long run

  • Do Job Analysis and publish job descriptions
    • Job Analysis - collecting sufficient information to understand what is entailed to perform the job
    • Job description – lists activities that an employee need to perform and the skills/qualities required to meet job objectives
    • Job description helps in understanding responsibility expectations for candidates evaluation within team, compensation levels, etc

Implementing the HR plan
  • Recruitment
    • HR needs to work with managers
    • Internet/print ads, referrals, outsourced placement agencies, job fairs, campus (college) recruiting, etc
    • Employee leasing/ project based recruiting is prevalent – companies hiring these contract employees are free of associated bookkeeping and administrative costs such as payroll, benefits, etc
    • Internal hiring – choose from a known pool of talent; minimises misperceptions among candidates about the actual requirement, cost effective, motivates existing employees
    • External hiring might help in avoiding the “musical chairs” syndrome that doesn’t give staff to mature into their respective jobs. On the other hand, internal hiring must ensure well planned cross-trainings
  • Selection
    • Interviews, reference checks, background checks, skill test/work examples, personality tests, physical ability tests, drug tests, etc are prevalent as appropriate

  • Appraisal
    • 360-degree assessment tool is commonly used nowadays. This receives and gives feedback not only from managers, but also from peers, clients, direct reports, etc. Has been proved to be an effective tool to adjudge the employee performance

  • Employee personal/professional development and rewards
    • Helping employees attain their fullest potential is more important than hiring great candidates. Training and development is an essential component of all organizations
    • Increases value and capacity of human assets of the company
    • Sometimes, provides alternatives to external recruiting
    • Often creates potential leaders of the company
    • Helps individuals motivated and interested in their positions providing room for advancement
    • Initial orientation for employees in vital, especially for experienced professionals
    • Leadership development programs help managers turn to leaders

Good news for internationals considering Canadian programs...

Government of Canada introduces changes to work permits for international students, making Canada more attractive for skilled individuals... read on

This is an age old fable of the tortoise and hare race. A more recent version follows...

1. Once upon a time a tortoise and a hare had an argument about who was faster. They decided to settle the argument with a race. The tortoise and hare both agreed on a route and started off the race. The hare shot ahead and ran briskly for some time. Then seeing that he was far ahead of the tortoise, he thought he'd sit under a tree for some time and relax before continuing the race. He sat under the tree and soon fell asleep. The tortoise plodding on overtook him and soon finished the race, emerging as the undisputed champ. The hare woke up and realised that he'd lost the race. The moral of the story is that slow and steady wins the race. This is the version of the story that we've all grown up with.

2. But then recently, someone told me a more interesting version of this tortoise and hare story. It continues.The hare was disappointed at losing the race and he did some soul-searching. He realised that he'd lost the race only because he had been overconfident, careless and lax. If he had not taken things for granted, there's no way the tortoise could have beaten him. So he challenged the tortoise to another race. The tortoise agreed.
This time, the hare went all out and ran without stopping from start to finish. He won by several miles. The moral of the story? Fast and consistent will always beat the slow and steady. If you have two people in your organisation, one slow, methodical and reliable, and the other fast and still reliable at what he does, the fast and reliable chap will consistently climb the organisational ladder faster than the slow, methodical chap. It's good to be slow and steady; but it's better to be fast and reliable.

3. But the story doesn't end here. The tortoise did some thinking this time, and realised that there's no way he can beat the hare in a race the way it was currently formatted. He thought for a while, and then challenged the hare to another race, but on a slightly different route. The hare agreed. The tortoise and hare started off. In keeping with his self-made commitment to be consistently fast, the hare took off and ran at top speed until he came to a broad river. The finishing line was a couple of kilometres on the other side of the river. The hare sat there wondering what to do. In the meantime the tortoise trundled along, got into the river, swam to the opposite bank, continued walking and finished the race. The moral of the story? First identify your core competency and then change the playing field to suit your core competency. In an organisation, if you are a good speaker, make sure you create opportunities to give presentations that enable the senior management to notice you. If your strength is analysis, make sure you do some sort of research, make a report and send it upstairs. Working to your strengths will not only get you noticed, but will also create opportunities for growth and advancement. The story still hasn't ended.

4. The tortoise and hare, by this time, had become pretty good friends and they did some thinking together. Both realised that the last race could have been run much better. So the tortoise and hare decided to do the last race again, but to run as a team this time. They started off, and this time the hare carried the tortoise till the riverbank. There, the tortoise took over and swam across with the hare on his back. On the opposite bank, the hare again carried the tortoise and they reached the finishing line together. Both the tortoise and hare felt a greater sense of satisfaction than they'd felt earlier. The moral of the story? It's good to be individually brilliant and to have strong core competencies; but unless you're able to work in a team and harness each other's core competencies, you'll always perform below par because there will always be situations at which you'll do poorly and someone else does well. Teamwork is mainly about situational leadership, letting the person with the relevant core competency for a situation take leadership.

There are more lessons to be learnt from this inspirational teamwork story.
Note that neither the tortoise and hare gave up after failures. The hare decided to work harder and put in more effort after his failure. The tortoise changed his strategy because he was already working as hard as he could. In life, when faced with failure, sometimes it is appropriate to work harder and put in more effort. Sometimes it is appropriate to change strategy and try something different. And sometimes it is appropriate to do both. The tortoise and hare also learnt another vital lesson in teamwork. When we stop competing against a rival and instead start competing against the situation, we perform far better. When Roberto Goizueta took over as CEO of Coca-Cola in the 1980s, he was faced with intense competition from Pepsi that was eating into Coke's growth. His executives were Pepsi-focussed and intent on increasing market share 0.1 per cent a time. Goizueta decided to stop competing against Pepsi and instead compete against the situation of 0.1 per cent growth. He asked his executives what was the average fluid intake of an American per day? The answer was 14 ounces. What was Coke's share of that? Two ounces. Goizueta said Coke needed a larger share of that market. The competition wasn't Pepsi. It was the water, tea, coffee, milk and fruit juices that went into the remaining 12 ounces. The public should reach for a Coke whenever they felt like drinking something. To this end, Coke put up vending machines at every street corner. Sales took a quantum jump and Pepsi has never quite caught up since. To sum up, the story of the hare and tortoise teaches us many things. Chief among them are that fast and consistent will always beat slow and steady; work to your competencies; pooling resources and working as a team will always beat individual performers; never give up when faced with failure; and finally, compete against the situation, not against a rival.

Great leaders exploit all three styles: authoritative/participative/delegative based on the situation:

  • Authoritative - if group members lack knowledge
  • Participative - if group members understand the objectives and roles
  • Delegative - if group members know more than you do
So, what kind of a leader are you? find here

I’ve migrated my personal wiki from wikispaces to google docs. To me, the google docs scores over wikispaces for the following reasons
  • easy to edit and flexible document uploads
  • offline access using google gears
  • sharable and enforceable access control
  • easy file management and web publishing
Please make sure to update your bookmarks.

I’ve now accepted the Ivey’s Admission offer and sent my initial deposit along with the acceptance pledge letter, securing my seat. I was also required to complete the Student biography online, which would be used by the Ivey faculty to learn more about me. The moment I accepted the offer through eZone (an internal online portal for interaction and information), numerous imperative resources such as the MBA handbooks, buy and sell, excel tutorials, information for international students, notebooks, transportation, housing, banking, entertainment, etc were made available instantly. WOW!!!

On the other hand, as part of my pre-MBA preparation, I’d started reading the book “MBA in a DAY: What you would learn at top-tier business schools-if only you had the time” by Steven Stralser. I’ll try consolidating my learning at here.

Ivey MBA is a fast paced programme and quite often students learn 15 cases a week. Previous business experience certainly helps in such an environment where a great deal of reading is required. Having spoken to some current students, I have understood that students like me, with no previous business exposure (especially those from an IT background) had to ensure additional efforts to perform well in the case method. Further, my immediate career objectives after MBA (top five Management Consulting firms) would realistic only if I could manage among the top 10% of the class. Honestly, I don’t know if I would be able to achieve that, but at least, I must be prepared to face such challenges ahead. Given that I have more than a year’s time before I start my MBA, thought I had to invest my time in learning business fundamentals.

I’ve added a section Learning, Pre MBA on my personal wikispace where I shall archive my learning.

I’d just received an email from a student ambassador at Ivey that I have been assigned to a current student, as part of the Ivey Buddy Program. Looks like, I will “formally” be assisted with questions and clarifications that I may have, on getting settled pre/at/post Ivey. I appreciate the fact that Ivey is organizing such innovative networking episodes, this early.

Ivey has always been among my top choice schools. To be honest, I was clearly obsessed with the case method and I found many characteristics to match with my future aspirations. In particular, the following made it obvious that Ivey is the school for me.

  • In Class
    • Experimental learning
      • Professor is a facilitator
      • Each class is a debate
      • Focus is always on decision-making and action
    • Case Method
      • Dress rehearsal show for Real Life
      • Analyze data, develop alternatives, make and defend recommendations and experience the outcomes
      • Three levels of learning: Individual preparation, Diverse learning team and classroom debate guided by professor
      • Perfectly aligned with Management Consulting perspectives (case interview, for example)
      • 400+ case studies in one year
      • Second largest producer of cases, only next to Harvard and largest producer of Asian cases
      • Involuntary leadership development
    • Cross Enterprise Leadership
      • Broad based, Cross-functional and innovative curriculum
      • Team teaching for cross enterprise cases
      • Ivey Cross-Enterprise Field Project/ Ivey Consulting Project/ New venture projects
      • Cross Enterprise Leadership has more to do with entrepreneurial thinking
    • Students
      • Diverse backgrounds: lawyers, engineers, consultants, accountants, communicators, health care professionals, teachers, international students, and more...
    • Astounding faculty
    • 1 year MBA
    • Small class size (around 70 per intake)
  • Career Management
    • Great prospects in Management Consulting
    • Career management integrated with curriculum, right from day one
    • For credit courses on career management: expect to see case studies on career management
    • Wonderful career management team
    • Relationship Managers for 1x1 guidance
    • Career Leader – career development tool
    • Classes, clinics, in-class workshops, one-on-one coaching, etc
    • Networking events
  • Alumni
    • 20,000+ Alumni; 70+ Alumni clubs; 37+ countries
    • Alumni partnership program – students are strategically matched with Ivey graduates, helping students develop career plans
    • 1 in 4 hold the title of Chair, President, CEO, Vice-President or Managing Director/Partner in his or her company
    • Alumni assist in conducting preliminary off-campus student interviews, as part of international recruitment campaign
  • International opportunities
    • International study trip
    • Leader program
    • China teaching project
  • Incredible reputation in Canada; Six decades of management education
  • Ranking
    • Financial Times Global MBA ranking : 53rd overall
    • Financial Times Global MBA ranking: 6th in General management
    • Wall street Journal: #12 among the top 25 internationally focused business schools
    • Business Week: #2 among the schools outside US
  • Extra Professional/Curricular Activities
    • Case competitions
      • IBK Capital Ivey Business Plan Competition
      • AT Kearney
      • Mercury Venture Challenge
      • Thunderbird Global Innovation Challenge
    • Ivey Connects
    • Ivey Builds
    • The Ivey Green
    • Ivey Clubs
      • Consulting Club, Finance Club, Industry & Marketing Club, Entrepreneur Club, Alternative Energy Club, Golf Club, Hockey Club, Ivey Rugby, MBA Association, Student Ambassadors, Wine Tasting Club, Global Village, Women in Management and more
    • Pierre L. Morrissette Institute for Entrepreneurship

*** But that's just me... Choose the school that you believe is right for you.

Trust me, the wait between the offer of admission and start of MBA is much tough to bear with than the wait for securing an admission.

Looking forward to experiencing an Ivey day like this...

7:45 A.M.
It starts early! Students arrive prior to the beginning of class to grab a coffee and review notes on the day’s case. It promises to be a lively discussion and everyone wants to be fully prepared to participate. The fact that cases discussed and debated in class actually happened and are focused around real business issues makes the experience relevant. The four-hour classes alternate between morning and afternoon sessions, but the days are always full with case preparation, career management events, group work, social activities and, of course, personal time.

8:00 A.M. to Noon

Class begins. Today’s Cross-Enterprise Case involves the acquisition of a North American firm by a Chinese firm. Professor Jim Hatch leads off the session with a discussion on valuing mergers and acquisitions. The time flies by as he examines relative valuation and discounted cash flow methods, and reviews the spreadsheet assignment from the day before. Professor Mary Crossan joins the class and promptly asks: “What’s the value proposition of the Chinese firm versus the North American firm? What’s your strategic plan going forward?” As the various strategic options are vigorously discussed and debated by the class, out of the blue, one of the study groups is asked to present their plan to bring these companies together. The group’s spokesperson stands and delivers and the group proceeds to defend their decisions as the class engages in a thorough dissection of the impact of cultural differences and the vital role of proactive change management. You quickly come to realize the pressures and demands that come with leading an enterprise. Both professors offer their final thoughts on the case before wrapping up the session.

Noon to 1:00 P.M.
Information Sessions to attend. People to meet. The pace doesn’t let up. Interested students head off to a corporate recruiter information session with a well-known consulting firm. Afterwards, students have a valuable opportunity to meet and mingle with the firm’s hiring team.

1:00 to 2:00 P.M.
Lunch and Mingle. No strangers to multitasking, students take this brief interlude to grab lunch and reconvene as a team to compare notes and discuss the next group assignment. They can also take the opportunity to talk with the professors to clarify some points made in class.

2:00 to 4:00 P.M.
Workshops, clubs, and workouts. In the go-go-go atmosphere of the Ivey MBA program, this two-hour window is a valuable opportunity to attend to individual priorities. Some attend a Career Management resume-writing workshop while others meet with their industry Relationship Manager. Members of the Finance Club gather as a few head for the gym downstairs for a workout.

4:00 to 7:30 P.M.
Back to the books. Check out potential career opportunities… or just unwind. Students meet in learning teams to discuss tomorrow’s case, make decisions, and develop their plan of action. A prominent investment bank is hosting a corporate information session as a way for students to get to know them and vice versa. Corporations regularly seek out Ivey graduates because of the added value they bring to their organizations. Interested students make a point of attending to assess the potential opportunities. For students who have nothing scheduled or who just want to unwind, there is one of many regular social events where there will be plenty of good food, music and fun.

7:30 to 9:30 P.M.
One last corporate information session for the day. A leading consumer packaged goods firm is dropping in for a visit…. Students are learning just how valuable an Ivey MBA is in the marketplace. Afterwards, students head home to get themselves ready for the next day. Assignments are completed and cases are reviewed. Or if it’s Friday, relax! They’ve earned it.


***Found this in the Ivey MBA brochure

Just received the "acceptance package" and all sorts of congratulatory letters from Ivey.

The dates my class (starting May 2009) have also been finalised.
International orientation program, to begin on April 20, 2009 (runs for a week). Preparatory Knowledge Program(PKP) that includes optional courses in accounting, statistics, excel and economics, to begin on April 27, 2009 (runs for two weeks). Actual classwork, to commence on May 11, 2009.

Looking forward to accepting the offer and sending the initial deposit.
So, officially am in and excited right now.

Congratulations to everyone who has made it to Ivey.



And here is the transcript...


I am honored to be with you today at your commencement from one of the finest universities in the world. I never graduated from college. Truth be told, this is the closest I've ever gotten to a college graduation. Today I want to tell you three stories from my life. That's it. No big deal. Just three stories.

The first story is about connecting the dots.

I dropped out of Reed College after the first 6 months, but then stayed around as a drop-in for another 18 months or so before I really quit. So why did I drop out?

It started before I was born. My biological mother was a young, unwed college graduate student, and she decided to put me up for adoption. She felt very strongly that I should be adopted by college graduates, so everything was all set for me to be adopted at birth by a lawyer and his wife. Except that when I popped out they decided at the last minute that they really wanted a girl. So my parents, who were on a waiting list, got a call in the middle of the night asking: "We have an unexpected baby boy; do you want him?" They said: "Of course." My biological mother later found out that my mother had never graduated from college and that my father had never graduated from high school. She refused to sign the final adoption papers. She only relented a few months later when my parents promised that I would someday go to college.

And 17 years later I did go to college. But I naively chose a college that was almost as expensive as Stanford, and all of my working-class parents' savings were being spent on my college tuition. After six months, I couldn't see the value in it. I had no idea what I wanted to do with my life and no idea how college was going to help me figure it out. And here I was spending all of the money my parents had saved their entire life. So I decided to drop out and trust that it would all work out OK. It was pretty scary at the time, but looking back it was one of the best decisions I ever made. The minute I dropped out I could stop taking the required classes that didn't interest me, and begin dropping in on the ones that looked interesting.

It wasn't all romantic. I didn't have a dorm room, so I slept on the floor in friends' rooms, I returned coke bottles for the 5¢ deposits to buy food with, and I would walk the 7 miles across town every Sunday night to get one good meal a week at the Hare Krishna temple. I loved it. And much of what I stumbled into by following my curiosity and intuition turned out to be priceless later on. Let me give you one example:

Reed College at that time offered perhaps the best calligraphy instruction in the country. Throughout the campus every poster, every label on every drawer, was beautifully hand calligraphed. Because I had dropped out and didn't have to take the normal classes, I decided to take a calligraphy class to learn how to do this. I learned about serif and san serif typefaces, about varying the amount of space between different letter combinations, about what makes great typography great. It was beautiful, historical, artistically subtle in a way that science can't capture, and I found it fascinating.

None of this had even a hope of any practical application in my life. But ten years later, when we were designing the first Macintosh computer, it all came back to me. And we designed it all into the Mac. It was the first computer with beautiful typography. If I had never dropped in on that single course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts. And since Windows just copied the Mac, its likely that no personal computer would have them. If I had never dropped out, I would have never dropped in on this calligraphy class, and personal computers might not have the wonderful typography that they do. Of course it was impossible to connect the dots looking forward when I was in college. But it was very, very clear looking backwards ten years later.

Again, you can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.

My second story is about love and loss.

I was lucky — I found what I loved to do early in life. Woz and I started Apple in my parents garage when I was 20. We worked hard, and in 10 years Apple had grown from just the two of us in a garage into a $2 billion company with over 4000 employees. We had just released our finest creation — the Macintosh — a year earlier, and I had just turned 30. And then I got fired. How can you get fired from a company you started? Well, as Apple grew we hired someone who I thought was very talented to run the company with me, and for the first year or so things went well. But then our visions of the future began to diverge and eventually we had a falling out. When we did, our Board of Directors sided with him. So at 30 I was out. And very publicly out. What had been the focus of my entire adult life was gone, and it was devastating.

I really didn't know what to do for a few months. I felt that I had let the previous generation of entrepreneurs down - that I had dropped the baton as it was being passed to me. I met with David Packard and Bob Noyce and tried to apologize for screwing up so badly. I was a very public failure, and I even thought about running away from the valley. But something slowly began to dawn on me — I still loved what I did. The turn of events at Apple had not changed that one bit. I had been rejected, but I was still in love. And so I decided to start over.

I didn't see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life.

During the next five years, I started a company named NeXT, another company named Pixar, and fell in love with an amazing woman who would become my wife. Pixar went on to create the worlds first computer animated feature film, Toy Story, and is now the most successful animation studio in the world. In a remarkable turn of events, Apple bought NeXT, I returned to Apple, and the technology we developed at NeXT is at the heart of Apple's current renaissance. And Laurene and I have a wonderful family together.

I'm pretty sure none of this would have happened if I hadn't been fired from Apple. It was awful tasting medicine, but I guess the patient needed it. Sometimes life hits you in the head with a brick. Don't lose faith. I'm convinced that the only thing that kept me going was that I loved what I did. You've got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven't found it yet, keep looking. Don't settle. As with all matters of the heart, you'll know when you find it. And, like any great relationship, it just gets better and better as the years roll on. So keep looking until you find it. Don't settle.

My third story is about death.

When I was 17, I read a quote that went something like: "If you live each day as if it was your last, someday you'll most certainly be right." It made an impression on me, and since then, for the past 33 years, I have looked in the mirror every morning and asked myself: "If today were the last day of my life, would I want to do what I am about to do today?" And whenever the answer has been "No" for too many days in a row, I know I need to change something.

Remembering that I'll be dead soon is the most important tool I've ever encountered to help me make the big choices in life. Because almost everything — all external expectations, all pride, all fear of embarrassment or failure - these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart.

About a year ago I was diagnosed with cancer. I had a scan at 7:30 in the morning, and it clearly showed a tumor on my pancreas. I didn't even know what a pancreas was. The doctors told me this was almost certainly a type of cancer that is incurable, and that I should expect to live no longer than three to six months. My doctor advised me to go home and get my affairs in order, which is doctor's code for prepare to die. It means to try to tell your kids everything you thought you'd have the next 10 years to tell them in just a few months. It means to make sure everything is buttoned up so that it will be as easy as possible for your family. It means to say your goodbyes.

I lived with that diagnosis all day. Later that evening I had a biopsy, where they stuck an endoscope down my throat, through my stomach and into my intestines, put a needle into my pancreas and got a few cells from the tumor. I was sedated, but my wife, who was there, told me that when they viewed the cells under a microscope the doctors started crying because it turned out to be a very rare form of pancreatic cancer that is curable with surgery. I had the surgery and I'm fine now.

This was the closest I've been to facing death, and I hope its the closest I get for a few more decades. Having lived through it, I can now say this to you with a bit more certainty than when death was a useful but purely intellectual concept:

No one wants to die. Even people who want to go to heaven don't want to die to get there. And yet death is the destination we all share. No one has ever escaped it. And that is as it should be, because Death is very likely the single best invention of Life. It is Life's change agent. It clears out the old to make way for the new. Right now the new is you, but someday not too long from now, you will gradually become the old and be cleared away. Sorry to be so dramatic, but it is quite true.

Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma — which is living with the results of other people's thinking. Don't let the noise of others' opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.

When I was young, there was an amazing publication called The Whole Earth Catalog, which was one of the bibles of my generation. It was created by a fellow named Stewart Brand not far from here in Menlo Park, and he brought it to life with his poetic touch. This was in the late 1960's, before personal computers and desktop publishing, so it was all made with typewriters, scissors, and polaroid cameras. It was sort of like Google in paperback form, 35 years before Google came along: it was idealistic, and overflowing with neat tools and great notions.

Stewart and his team put out several issues of The Whole Earth Catalog, and then when it had run its course, they put out a final issue. It was the mid-1970s, and I was your age. On the back cover of their final issue was a photograph of an early morning country road, the kind you might find yourself hitchhiking on if you were so adventurous. Beneath it were the words: "Stay Hungry. Stay Foolish." It was their farewell message as they signed off. Stay Hungry. Stay Foolish. And I have always wished that for myself. And now, as you graduate to begin anew, I wish that for you.

Stay Hungry. Stay Foolish.

Thank you all very much.


Personal

  • Discuss yourself/ Walk me through your resume and explain your roles and responsibilities.
  • Name three words or phrases to describe yourself to others
  • What is an activity you are involved in? Why is it important to you?
  • What contributions would you make to a group?
  • What do you do to relieve stress?
  • What are your hobbies outside of school and work?
  • What are your greatest strengths and weaknesses?
  • Please discuss the factors, both professional and personal, influencing the career decisions you have made so far.

Goals

  • Why the MBA? Why now?
  • Why are you interested in a general MBA program?
  • What do you expect from this program?
  • What can you contribute to our program and into our classrooms? What makes you unique among other candidates and why should we accept you?
  • What would you do if not accepted?
  • What are your long- and short-term goals? Why?
  • Where do you see yourself in ten years?
  • Which other schools are you applying to? How did you choose these schools? Why so many/few? Which school is your first choice?
  • How do you plan to use your MBA in your career and your community?
  • Why does this school appeal to you?

Undergrad Experience

  • Why did you choose your undergraduate major?
  • Which school did you attend and why that one'?
  • What was your major and why?
  • Would you choose the same studies again if you could do it over again?
  • What overall grades did you get? What is Honours?
  • Which courses were you best at? Why?
  • Did you work as an undergrad?
  • Do you think your grades are an accurate reflection of your ability?
  • What did you like most about this part of your education?
  • What did you least like about this part of your education?

Professional Experience

  • What was your first job out of undergrad?
  • Have you been promoted?
  • Talk about experiences you have had at work. Can you briefly describe the key responsibilities of your current job?
  • Describe a typical work day.
  • Discuss your career progression
  • Give examples of how you have demonstrated leadership inside and outside the work environment
  • Discuss any experience you have had abroad
  • How does your performance compare with that of your peers at a similar level?
  • What specifically have you done to help your company change?
  • What have you done to develop those under your responsibility?
  • What could you do to be an even more effective member of your organization?
  • Describe your most successful accomplishment at work.
  • Describe a failure on the job.
  • Why did you choose this profession? Why this company?
  • What do you like best/about your current job?
  • What are the key challenges of your job?
  • Have you ever supervised employees?
  • Have you switched firms? If so, why?
  • What is most frustrating at work?
  • Describe your relationship with your boss. What is good and bad about it"
  • Where is your industry heading in the next five years? (all the more important if your interviewer works in the same domain)
  • How would co-workers describe you?

General

  • Discuss a time when you successfully supervised a diverse group of people toward a difficult goal. Give an example of when you accomplished something significant that wouldn’t have happened if you hadn’t been there.
  • Tell me about a situation where you had to persuade someone to agree with your point of view
  • Describe a time when you had to gain upper management’s support for an idea/proposal
  • Name a time when you had to convince someone who didn’t report directly to you to do something they didn’t want to do
  • Describe a time when you had a conflict with another person in a corporate or school setting
  • Describe a situation in which you identified key problems early on in a project and were able to avert a crisis
  • Tell me about a time when you led a team to a goal even though the individual team members were sceptical that it could be accomplished
  • Tell me about a time when you worked with someone who didn’t follow through. What did you do?
  • How have you dealt with a person who was difficult to work with?
  • Discuss a time when you had to make an unpopular decision
  • Tell me about the toughest group that you ever worked in. What made it so tough, and how did you handle it?
  • Describe an ethical dilemma that you faced in your career. How did you resolve it?
  • Give me an example of when you pushed back against doing something
  • What is the hardest decision you have ever had to make on the job? Outside of your job?
  • Tell me about a time when you took a smart risk
  • Name a time when you developed a unique and resourceful solution to a problem
  • Describe a situation when you had to make an important decision without having all of the necessary information at hand
  • Tell me about a time when you had to analyze facts quickly, identify the issues, and develop an action plan
  • Give me an example of when you thought out of the box
  • Have you ever had to bend a rule to get your work done more efficiently?
  • Discuss a time when you didn’t succeed on the first try.
  • What is the worst professional decision you have ever made?
  • Tell me about a time when you weren’t very pleased with your performance.
  • Describe a situation in which you wish you had acted differently with someone in your group.
  • Describe a time when you inspired someone to work harder.
  • Discuss a project that required the use of your analytical skills.
  • Tell me about a time when you led a team to success despite opposition from others.
  • Describe a situation where you brought an idea forward, and it failed.

Spontaneous

  • Tell me about a topic you just read?
  • What trait you possess that I would not get by reading your file?"
  • To test your communication skills: Pick a subject from the current news, assume I don't know anything about it and give me a brief synopsis.
  • Describe a time when you had to convince an antagonistic group of the merits of your proposal. Explain the process.
  • What team skills will you learn in MBA program?
  • What are three major challenges that your industry is currently facing?
  • Who do you admire most as a leader, and why?
  • What was your greatest accomplishment?
  • How do you define success?
  • What would you do if a team member wasn't pulling his own weight?
  • Who are your heroes? Why?
  • What have you done that you are proud of?
  • Define teamwork
  • Define leadership
  • What is your favorite sport? What aspect of it appeals to you'?
  • What is the last book you read? What did you think of it?

##Later I translated this table to “Why MBA” essay##
http://facts.wikispaces.com/MBA+Applications#Career%20Goals

##Click on the image below to access the enlarged version##


It’s never a crime to possess low undergraduate grades, but it’s a grave blunder if you fail to address this weakness in your MBA application. I have a poor undergraduate record and honestly, it's the accountability of my own. However, it’s not an indicator of my potential and intellectual ability. I attribute my low GPA to the decision that moved me away from Civil/Chemistry careers and work towards Database Administrator profession. My college provided me the right flexibility to focus on my aspirations rather than worry about academic grades. I pursued numerous IT electives/projects to diversify my computer science skills. The infrastructure had also allowed me to comprehensively engage with numerous extra-curricular activities. Subsequently, I prioritized my total focus perking up my IT and administrative abilities and eventually integrating them. I also believe that the figures such as GMAT, DBA-certification score, High School performance and Oracle's employee performance rating: “Exceeding Expectations”, demonstrate my academic and professional capabilities.

I am sure that you can find the right reasons that either directly or indirectly contributed for your low grades. Be sure to address them as part of the application, even if you are not explicitly asked for.

IIM is the latest buzzword that you will normally come across in applications from India. To those who don’t know what IIM is all about: it represents the “Indian IT Male” and not the prestigious Indian Institutes of Management. If you fall this category, then you need to ensure additional efforts to persuade the admissions committee that you are different and not another typical IIM. Extracurricular activities, unusual growth curve in your team, social involvement, etc can certainly differentiate you; so start engaging with such activities right now, if you haven't already.

I am no different from a typical IIM. In my applications, I had talked about my ability to bond with strangers and build a network of trust fully utilising my enthusiastic outlook. Honestly, almost every activity that I engaged with, had coupled an element of fun and I demonstrated in my apps that this passion and high-spirit greatly enhanced my learning and working environments, with numerous examples to support.

Managing information and time was no easy task for database administrators and in particular, having come from a non-traditional background, I found that it was a huge challenge to work on multiple IT projects simultaneously and gain credibility among my team mates at Oracle, who had at least two additional years of experience than I did. But my experiences from college and enthusiastic personality helped me offset all fear and execute critical tasks successfully. I have learned to use the fun-factor as a successful tool at my workplace to build outstanding associations. I also have a history of having infused a number of fun-related activities to the work environment such as celebrating birthdays, organizing team-outings, Caroms/Chess tournaments, etc. I believe that the "enthuse" has ensured high energy across the team, building personal relationships within professional environments. The credibility earned me additional responsibilities such as team’s resource planning, workload management and tasks allocation. I had also structured and documented many critical tasks, helping the team avoid ‘reinventing the wheel’ and save time. I now serve as the point of contact for such activities and I train many of my senior colleagues in that aspect. Despite being the junior most in the team, I had played significant roles in the recruitment process and introduced several innovations. All these successes helped me achieve "Exceeding Expectations" rating at the Oracle’s employee performance review and have been recognised for demonstrating excellent information management skills.

I tried to differentiate myself with this "Enthuse" trait!

The MBA Admission is more comparable to the dating process. Whether that be dating or admission, in order to find a better match, you should establish “fit” with both the concerned parties. Each BSchool has it’s own trait and it’s essential that, if you believe that’s the right school for you, you must highlight these traits in your application. This is possible only by researching the school rigorously. Blogs, message boards, alumni and current students may be valuable resources.

But as a rule of thumb, every school looks for one common characteristic : "Leadership". Schools expect their students to have demonstrated leadership abilities in the past and present. Of course, they do understand that Leadership is not just leading people but also managing extra curricular activities, innovating, teaching, managing multiple assignments, handling pressure, etc.

To me, my college experience provided me with plenty of such opportunities and I did highlight them on my applications. The five-year tenure provided me the best flexibilities to capitalize on non-academic activities. The "General Secretary" responsibility had put me in charge of the finances and administration of 30+ student run clubs and departments. On the job, I had to manage large groups of people and conduct events as businesses that would generate profits. The council meetings and general body meetings served as boardroom wars, helping me understand people and processes better.

The university operates two semesters and students travel home twice a year for vacations. Transit planning was traditionally outsourced to a third-party student, approved by the Institute and almost every student runs his travel requirement through this facility. In an effort to improve the transparency of financial transactions, I took it over and integrated with the activities of union council. Transiting 5000 students was no easy task and I had to group a team of 12 students to run this effort. The entire process embraced two important stages: One, having the desired train tickets reserved in accordance with the student requests and two, arranging buses to get to the nearest major railway station. Managing the information provided by students and minimizing discrepancies were the most demanding rudiments. The effort involved managing heavy finances and strategic relationships with Indian Railways and Roadways.

My enthusiastic attitude helped me build better relationships and the fact that I never hesitate to voice my opinion, served as the perfect supplement. I have eventually understood that leadership is the ability to break down complex problems into actionable fragments and drive the team by communicating the vision clearly. I have also understood that a leader must accurately define the roles and responsibilities of individual members in his team. Delegating responsibilities is important because it not only instigates involvement among the players, but also encourages their leadership capabilities and I view this as the success of the group on the long run.

I am sure that every MBA prospective student would have sweet leadership experiences. Never forget to highlight them on your application even you are not explicitly asked.

Everyone has great dreams and ambitions, but not everyone has a structured game plan. I accept that given the unpredictability of the environment surrounding us, it’s practically impossible to formulate “the ideal strategy”. But, in my humble opinion, this is never an excuse for not planning short-term objectives that could eventually lead towards achieving one’s ambition. The best way to start organising future goals could be, perhaps, to start thoroughly researching the past successes, failures and more importantly the decisions that we experienced.

One thing people would be surprised to know about me is that I am ‘a Civil Engineer and a Chemistry Graduate’ by qualification, ‘Oracle Database Administrator’ by profession but now, aspiring to become an MBA. I simply perceive these career changes as just advancements and I consider that I have been hitting my priorities right. I intend to comprehend my full potential in every aspect of my professional career; consequently, my short-term goals have been evolving over the years. However, my long-term dream has remained the same. In my second year of college, I decided to leave behind the civil/chemistry academia and focus on IT skills to become a DBA. It is not unusual for engineers with non-computer science background to carry out such shifts, but to me the decision was not so obvious. I had ruled out options such as MS/PhD that could narrow my career options and deny the generalist perspective. In contrast, the DBA career seemed to provide the perfect broad focus that I needed. I was thoroughly impressed with the fact that Information Management is a critical aspect that a firm has to effectively deal with, for survival. Consequently, I discovered that no other immediate career as the DBA could couple as much, with my skills, before I stride towards my ambition.

I knew that this career change would be an uphill task for any fresher, especially for one with a non-computer science background. Companies rarely invest in inexperienced DBAs because the DBA tasks are highly critical and even a slightest mistake can cost millions. The risks that I, as a fresher, won’t find a job were high. But despite all the threats, I decided to move ahead and carefully designed my game plan. I pursued numerous electives and projects to diversify my IT skills. I also had the opportunity to instruct graduate level senior students as a professional assistant for a database related course. Finally, the DBA certification facilitated me the crucial breakthrough. The very fact that only experienced professionals pursue this and that I was able to clear it in record time, right during my college tenure, helped me sell myself as a competitive DBA. And now, with around three years of experience as a DBA, I trust that an MBA would be the next perfect priority that can significantly accelerate my dream.

This is the second most important (next to “why MBA”) question that an MBA aspirant needs to work on for a powerful application. It’s imperative that he relates a common theme across his strengths, past experiences, current experience, MBA, career immediately post MBA and career long-term post MBA. To me, this self-realisation helped me identify the right kind of schools that could fit into my experiences and aspirations. For example, I understood that I am more of a “learn by doing” kind of a guy. Accordingly, I was obsessed with schools that operate Case-Method as the primary teaching style than the Lecture-based style.

Unquestionably, it’s essential that an applicant clearly articulates and demonstrates past successes in the application, but make sure that it doesn’t sound arrogant. Talking too much of successes can apparently have an egotistical tone, but sticking to the central theme of relating past successes to future goals, can significantly reduce the “overconfident” factor. On the other end, being over modest can sometimes provoke you disregard potential successes, which is again a bother. Make sure to maintain a good mix of both "Marketing" and "Modesty" and not "Exaggeration".

It’s almost certain that one would find things difficult converting applications to admission offers, if he has no idea of why he needs an MBA. Perhaps, “Why MBA” is the most important question that I had to explain as part of the whole application process. And honestly, entire application process helped me realise my short-term goals and where I should be heading up to.

I am sure every MBA aspirant will have great dreams and am no different. Ambitiously, I aspire to establish not for profit ventures and associations, operating similar to those of profit-businesses, but measuring profitability in terms of social impact. I chose a path that allowed me to develop problem-solving skills both as a manager and team player. The General Secretary/transit planning experience at BITS, co-ordinating of medical camp and sporting events at Oracle offered me priceless value additions to my administrative abilities. My contributions to the social activities group and canteen committee at Oracle, various clubs such as Marketing, Sponsorships, Publications, Correspondence and National Service scheme at BITS provided me plenty of opportunities to work as a team. The database administrator career offered me invaluable experiences on prioritising tasks, resource allocation, client interaction (requirements understanding, data analysis, solution proposal, negotiation, implementation, etc) and managing information. I picture myself with certain business skills however, I seem to lack a fundamentals-toolkit that will help me build frameworks to counter business problems. I believe that MBA is the best available enhancement to supplement my skills, at this time of my career to make the most of unforeseen opportunities. Given that I do not have a previous business experience, I intend to take up management consulting as a strategic career step immediately after my MBA. I believe that researching and implementing solutions across cross-functional issues will add tremendous experience in terms of having a mindset to run an organization. As part of various consulting assignments, I look forward to cultivate potential contacts and this will have straight significances in advancing me to my second strategic career phase: A top-level position in a small/medium or entrepreneurial venture. Focusing on multiple business units, as a leader, will help me learn to discover opportunities, formulate strategy and manage risks. This will be the final cog in the wheel, before I make my mark in the entrepreneurial and eventually social entrepreneurial arena. I have had many short-term goals that eventually evolved all the way, however, my long-term ambition has been the same.

“Why MBA” question, ironically, turned out to be “Why not an MBA”

Wow, this is amazing! Too good to be true: Adrive

It offers a massive 50GB of online free storage space. Handling uploads is graceful: simple drag/drop of a directory from your local PC uploads files and the associated sub-directory structures. It does support online file sharing.

Personally, this is one of the most awaited update from Google Calendar. Thanks to Google’s innovation. You may now sync your Google calendar and Microsoft outlook either ways.


http://www.google.com/support/calendar/bin/answer.py?answer=89955
PS: It works only with Outlook 2003 and 2007. If you are suing an older version of Outlook, use Calgoo, instead. It’s a free calendar application that can be installed on your PC. Calgoo does allow the two way sync betwen Google and the Calgoo calendars. Trust me, it works like a charm.

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