Indian Institute of Management (IIM), Lucknow
Your seniors at Indian Institute of Management (IIM), Lucknow helped you with their notes. Now they're helping you with their placement interview questions. 🙏
Indian Institute of Management (IIM), Lucknow
Your seniors at Indian Institute of Management (IIM), Lucknow helped you with their notes. Now they're helping you with their placement interview questions. 🙏
I applied via Campus Placement
Your client is a financial institution who provides loan services. They plan to extend loan facility for the online market. Consider they plan to tie up with e-commerce platforms like Amazon. How many loans could they expect?
Post reiterating the question statement, clarified the minimum price point that has to be considered for the guesstimate. (3k+)
Checked with the interviewer if focusing on Electronics and Fashion segment would be correct for the guesstimate and then proceeded with this assumption.
Started with daily/monthly visitors on Amazon website & App, followed by an average conversion rate.
Later considered the percentage of people who would buy items from the above mentioned two segments, considered all the available payment options, and then landed on a number for the people who will actually opt for loans provided by our client.
I applied via Campus Placement
What population of India would have suffered during the lockdown because they were involved in the Theatre industry? How can the Government help them (alternate sources of revenue)?
I started with the guesstimate by stating that I will look at the number of people involved in one stage play production. This would include both direct (cast and crew) and indirect (costume and prop rentals). Then I would extrapolate the number by multiplying it with the number of plays showcased in a theatre. Then further multiply this with the number of theatres in a city (dividing this into tier 1 and other cities).
For the cities, I took Delhi as a proxy since I had knowledge about the theatre circuit there. I took some time in solving this, after which he told me to stop since we were short on time. So, I asked if I could quickly tell him about the solutions that I had thought of, which were broadly on the lines of pre-recording the performances and streaming it online. I also spoke about some long-term solutions, of how to attract audiences back to the theatres post the lockdown.
I applied via Campus Placement
Your client is a cement manufacturer, and they are targeting 10% growth but currently they are facing declining profits. Identify the problems and recommend some changes.
[Please note that I stands for Interviewer and C stands for Candidate]
C: Repeated the case and started with basic CPCC.
Where is the client located? What kind of growth are they targeting (Revenue/Profit)? How many products do they have and what is their revenue share?
I: Client operates in India and is targeting revenue growth. They have 2 products and decline is across both.
C: Do you want me to identify why profits are declining first or suggest how to grow revenue?
I: Let’s start with growth.
C: Made the Ansoff Matrix and recommended some ideas across all the segments:
1. Exclusive contracts with suppliers, discounts for customers, targeting B2B segment
2. New variety of cements- fast drying, cement cubes
Diversification- Entering logistics industry since the client already has a strong distribution network.
I: Let’s see why profits are declining now.
C: Started with basic framework and identified that costs were increasing.
I: Identify all the areas where costs could go up and what could be the causes.
C: Laid down the value chain and under each head mentioned the problems that client could be facing.
I applied via Campus Placement
Case based group discussion on minimizing costs of throughput stores in rural areas using IT.
Avoid mentioning generalized points in GD.
The 2nd round is based on your points put forward in GD. But only 4 out of 10 made to 2nd round.
I applied via Campus Placement
I applied via Campus Placement
I applied via Campus Placement
Discuss the implications of teleportation.
[Please note that I stands for Interviewer and C stands for Candidate]
C: I clarified the problem statement to understand if it was only movement of matter from one place to the other or information too?
I: Assume matter only.
C: A lot of the physical infrastructure will not be required any more like roads. It will also mean that we will have to develop the network infrastructure to support this. We will also have to develop mechanism to support disassembly and assembly for this to be possible.
I: You can consider the infrastructure exists. What other implications can you think of?
C: Telephones and social media platforms that are required for instantly connecting would not be required anymore.
I: True. There would be other implications as well like more space for housing (since roads are not there), ethical problems rising from where one can teleport, definition of boundaries etc.
I applied via Campus Placement
This interview was with senior manager, very conversation based and mostly HR. There was a small market entry case at the end for maybe 6-7 mins which also turned into mostly a conversation.
How are you feeling? Something about myself? Some hobbies of mine.
Candidate answered these and it became more of a conversation. Tried to include how he really liked the culture at Bain and how supportive they have been throughout the process.
Let us do a small case. A Chinese medical device manufacturer wants to enter India.
[Please note that I stands for Interviewer and C stands for Candidate]
C- Understood about the company, their reasons for entering (unutilized capacity), product portfolio and competitive landscape for the same. Turned into a conversation about how the medical industry is. Did analysis as to major factors which would indicate market attractiveness. Emphasized more on PORTER to understood the industry as well.
I- That'll be all. Any questions?
C- What would be one thing you would like to change at Bain?
I- Had a good conversation about it.
I applied via Campus Placement
Group size : Around 10
A one pager case let was given to everyone to be read and understood in 5 minutes.
Case was based on a FMCG company selling toothbrush and toothpaste as their flagship products. Their sales were declining and other competitors were gaining hands. A strategy to improve their sales was to be devised.
Discussion time :10minutes which is less for a case discussion with 10 people in the group.
Panel Size :2
I applied via Campus Placement
A low-cost airline has 20% profit margin and 5 million as revenue. Their costs comprise of 2 components: fuel and non-fuel. The fuel component is half of the non-fuel component. Calculate the fuel cost.
[Please note that I stands for Interviewer and C stands for Candidate]
C: Confirms that profit margin is (R-C)/R and proceeds to calculate.
I: Now if the fuel prices are set to increase by 10%, what would be the new profit margin?
C: Calculated.
I: Now can you suggest if the airline should continue operating or shut down because of rise in fuel prices?
C: Explained that since the airlines are still profitable, they should continue to run.
I: Let us look at ways they can increase their profitability.
C: Broke down the whole profitability framework and listed all possible options.