Indian School of Business (ISB), Hyderabad
Hyderabad, Telangana
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GEP WorldwideIndian School of Business (ISB), Hyderabad Placement Interview Questions
Updated
22 Sep 2024
3 interviews found
1 Interview Round
Interview Questions
- Q1. PI questions:Tell me about yourself
- Q2. Why global eProcure?
- Q3. Where do you see yourself in 2 years?
- Q4. If u suddenly had all the money in the world what would you do?
- Q5. Case Questions: How much would you bid for a taxi license (medallion) in chicago?
Interview Preparation Tips
Round: Case Study Interview
Experience: In PI, following were my answers :
1. Tell me about yourself
This is quite a standard question and one that must be prepared for. When preparing please do not create a standard answer that you put out in front of every firm. The answer must be tailored as per what the form wants. My understanding was that this firm wants a person that can be easily presented in front of a client on day one and a person who loves to travel. Hence my answer was all about my love for travelling on the personal side and how I managed clients from my professional side.
2. Why global eProcure
My answer to this question stemmed from the CEO’s passion for knowledge development. I said to build a career I would love to work for a smaller org looking to grow it human and knowledge capital. Off-course the same was sugar coated with MBA speak
3. Where do you see yourself in 2 years
In such questions it is my opinion that staying away from job titles is the best way to go. My answer was that in 2 years I intend to learn all the facets of the business and become a go to guy in the company for all people in atleast one aspect of the business. The answer basically harped on generating knowledge capital
4. If u suddenly had all the money in the world what would you do?
My interpretation of this question is that how honest you have been in the interview till now. Nobody in their right minds will be jet setting around the world working for clients if they had a billion dollars. So I kept my answer simple. I said I would buy a house in Scotland and play golf every day.
The case was quite a simple one which had to be tackled as below
1. Estimate revenue
2. Estimate living expenses and costs associated with the taxi
3. Estimate opportunity cost
4. Look at soft aspects (i.e. does the guy want to be a taxi driver to begin with?)
In order to estimate revenue
1. Ask for sources of revenue : Fares, advertisements
2. Ask for work hours, holidays etc
3. Average revenue on weekdays, weekends and holidays etc
Costs
1. Living expenses
2. Fuel
3. Maintenance
4. Insurance
5. Misc
Opportunity cost
1. If not a cab driver then what?
Soft aspects
1. Does he want to be a cab driver. If yes then he can do it at zero profit and zero loss. If no then how much compensation does he want in order to bear the emotional aspects of being a cab driver Then you do some simple math and come up with a figure
I think the way I engaged the interviewer sealed the deal for me. I engaged him in conversation throughout and the interview turned into a discussion instead of a question answer session. Also the fact that I slipped in a few jokes that made the atmosphere a little more casual helped my case. Also my diagrams and pictures helped me make my points in an effective manner I tried to steam role the case into a quick conclusion rather than make it an elaborative discussion. Also my notes were a little haphazard and I noticed a smirk on his face when he looked through them during the end. Go listen to the CEO when he comes down for the talk!!! That is
preparation enough. He will basically tell u exactly what he is looking for.
Skills:
College Name: Indian School Of Business (ISB)
Experience: In PI, following were my answers :
1. Tell me about yourself
This is quite a standard question and one that must be prepared for. When preparing please do not create a standard answer that you put out in front of every firm. The answer must be tailored as per what the form wants. My understanding was that this firm wants a person that can be easily presented in front of a client on day one and a person who loves to travel. Hence my answer was all about my love for travelling on the personal side and how I managed clients from my professional side.
2. Why global eProcure
My answer to this question stemmed from the CEO’s passion for knowledge development. I said to build a career I would love to work for a smaller org looking to grow it human and knowledge capital. Off-course the same was sugar coated with MBA speak
3. Where do you see yourself in 2 years
In such questions it is my opinion that staying away from job titles is the best way to go. My answer was that in 2 years I intend to learn all the facets of the business and become a go to guy in the company for all people in atleast one aspect of the business. The answer basically harped on generating knowledge capital
4. If u suddenly had all the money in the world what would you do?
My interpretation of this question is that how honest you have been in the interview till now. Nobody in their right minds will be jet setting around the world working for clients if they had a billion dollars. So I kept my answer simple. I said I would buy a house in Scotland and play golf every day.
The case was quite a simple one which had to be tackled as below
1. Estimate revenue
2. Estimate living expenses and costs associated with the taxi
3. Estimate opportunity cost
4. Look at soft aspects (i.e. does the guy want to be a taxi driver to begin with?)
In order to estimate revenue
1. Ask for sources of revenue : Fares, advertisements
2. Ask for work hours, holidays etc
3. Average revenue on weekdays, weekends and holidays etc
Costs
1. Living expenses
2. Fuel
3. Maintenance
4. Insurance
5. Misc
Opportunity cost
1. If not a cab driver then what?
Soft aspects
1. Does he want to be a cab driver. If yes then he can do it at zero profit and zero loss. If no then how much compensation does he want in order to bear the emotional aspects of being a cab driver Then you do some simple math and come up with a figure
I think the way I engaged the interviewer sealed the deal for me. I engaged him in conversation throughout and the interview turned into a discussion instead of a question answer session. Also the fact that I slipped in a few jokes that made the atmosphere a little more casual helped my case. Also my diagrams and pictures helped me make my points in an effective manner I tried to steam role the case into a quick conclusion rather than make it an elaborative discussion. Also my notes were a little haphazard and I noticed a smirk on his face when he looked through them during the end. Go listen to the CEO when he comes down for the talk!!! That is
preparation enough. He will basically tell u exactly what he is looking for.
Skills:
College Name: Indian School Of Business (ISB)
4 Interview Rounds
Interview Preparation Tips
Round: Case Study Interview
Experience: In PI, He made sure I understood what the company does and what the nature
of the job is.
Data Gathering:
Interviewer: A major electronics company has been experiencing slowdown of growth in revenues. Why?
Me: I first clarified that since the case is about the revenue slowdown, we won’t delve into the profitability initially. However we can do it later if needed.
Me: Since what period has the company been experiencing the slowdown?
Interviewer: Since the last 1-2 years
Me: Is it a global company?
Interviewer: Yes, however the problem is only in the US
Me: What are the lines of business of the company?
Interviewer: The company is into semiconductor design, consumer electronics and white goods (don’t remember the third type accurately)
Me: Are all the three businesses facing the slowdown?
Interviewer: No, only the consumer electronics has faced the problem At this point I took a minute to decide the structure to solve the case I just wrote that Revenue = Price * Quantity
Me: Has the price changed for the company in the last 2-3 years?
Interviewer: No
Me: Has the price changed for any of the competing companies in the last 2-3 years?
Interviewer: No
Me: Thus we can assume that the unit quantity of the goods being sold has reduced. Is this problem across all geographies?
Interviewer: No, this problem is faced only by the west coast (don’t remember the region accurately)
Me: How does the company sell its consumer electronics goods? Own store / resellers? (Essentially I was going through 4 Ps: price, product, promotions, place however I didn’t make it obvious)
Interviewer: The company sell via big electronics chains like Best Buy
Me: Is there a change in the setup of the channels?
Interviewer: There has been a new store chain which has come up on the west coast
Me: Is it correct to assume that currently this new chain doesn’t sell our consumer electronics?
Interviewer: Yes
I summarized the root cause of the problem and asked if at this point he would you like me to look at possible solutions, to which he said yes. I took 30 seconds to come up with the strategy
Me: At this point I would like to propose three possible strategies the company can adopt:
1. Open up its own stores, similar to what Apple does
2. Approach the new retailer (electronics chain) to start selling our goods
3. Work with the existing retailers to strengthen the selling of our
products. The company should look into each of these in greater detail and adopt the strategy which is the most feasible.
A structured approach to case helped.
I was a little confused when the price of the goods hadn’t moved, however following the 4 Ps helped solve the case
Round: personal interview
Experience: This was more of a fit discussion
: Why do I want to move into consulting from technology?
: I had a few questions with regards to the growth prospects of the company, culture etc.
It makes sense to do some basic research about the company and listen to the PPT
The interviewer was running late on time, and there weren’t many questions
Skills:
College Name: Indian School Of Business (ISB)
Experience: In PI, He made sure I understood what the company does and what the nature
of the job is.
Data Gathering:
Interviewer: A major electronics company has been experiencing slowdown of growth in revenues. Why?
Me: I first clarified that since the case is about the revenue slowdown, we won’t delve into the profitability initially. However we can do it later if needed.
Me: Since what period has the company been experiencing the slowdown?
Interviewer: Since the last 1-2 years
Me: Is it a global company?
Interviewer: Yes, however the problem is only in the US
Me: What are the lines of business of the company?
Interviewer: The company is into semiconductor design, consumer electronics and white goods (don’t remember the third type accurately)
Me: Are all the three businesses facing the slowdown?
Interviewer: No, only the consumer electronics has faced the problem At this point I took a minute to decide the structure to solve the case I just wrote that Revenue = Price * Quantity
Me: Has the price changed for the company in the last 2-3 years?
Interviewer: No
Me: Has the price changed for any of the competing companies in the last 2-3 years?
Interviewer: No
Me: Thus we can assume that the unit quantity of the goods being sold has reduced. Is this problem across all geographies?
Interviewer: No, this problem is faced only by the west coast (don’t remember the region accurately)
Me: How does the company sell its consumer electronics goods? Own store / resellers? (Essentially I was going through 4 Ps: price, product, promotions, place however I didn’t make it obvious)
Interviewer: The company sell via big electronics chains like Best Buy
Me: Is there a change in the setup of the channels?
Interviewer: There has been a new store chain which has come up on the west coast
Me: Is it correct to assume that currently this new chain doesn’t sell our consumer electronics?
Interviewer: Yes
I summarized the root cause of the problem and asked if at this point he would you like me to look at possible solutions, to which he said yes. I took 30 seconds to come up with the strategy
Me: At this point I would like to propose three possible strategies the company can adopt:
1. Open up its own stores, similar to what Apple does
2. Approach the new retailer (electronics chain) to start selling our goods
3. Work with the existing retailers to strengthen the selling of our
products. The company should look into each of these in greater detail and adopt the strategy which is the most feasible.
A structured approach to case helped.
I was a little confused when the price of the goods hadn’t moved, however following the 4 Ps helped solve the case
Round: personal interview
Experience: This was more of a fit discussion
: Why do I want to move into consulting from technology?
: I had a few questions with regards to the growth prospects of the company, culture etc.
It makes sense to do some basic research about the company and listen to the PPT
The interviewer was running late on time, and there weren’t many questions
Skills:
College Name: Indian School Of Business (ISB)
4 Interview Rounds
Interview Preparation Tips
Round: Case Study Interview
Experience: The interviews were running late. So he asked me only one question for PI.
In case study, the truck manufacturing industry on the whole was performing badly.Hence revenues were declining. Costs had not increased per se. However, interviewer was mainly looking for short-term and long-term measures to reduce costs.
What helped me was that I drew the entire supply chain in front of him and listed down measures for cost-reduction at each stage. In particular, supply-side rationalization, leasing out excess machine capacity, labor layoffs, outsourcing of operations were the steps we spoke about for the most time.
Tips: Be sure to think through and create frameworks for the typical cases
Round: personal interview
Experience: Interviewer asked me general questions about my work with my previous employer. He then asked me if I had any questions for him. I asked him quite a few questions about the role, the travel and the work culture in general, which he patiently answered.
The interviewer could probably gauge my interest in the company through the questions I was asking. This worked in my favor.
Tips: Be sure to prep about the company you are interviewing with. The
questions you ask the interviewer will show them your interest.
Skills:
College Name: Indian School Of Business (ISB)
Experience: The interviews were running late. So he asked me only one question for PI.
In case study, the truck manufacturing industry on the whole was performing badly.Hence revenues were declining. Costs had not increased per se. However, interviewer was mainly looking for short-term and long-term measures to reduce costs.
What helped me was that I drew the entire supply chain in front of him and listed down measures for cost-reduction at each stage. In particular, supply-side rationalization, leasing out excess machine capacity, labor layoffs, outsourcing of operations were the steps we spoke about for the most time.
Tips: Be sure to think through and create frameworks for the typical cases
Round: personal interview
Experience: Interviewer asked me general questions about my work with my previous employer. He then asked me if I had any questions for him. I asked him quite a few questions about the role, the travel and the work culture in general, which he patiently answered.
The interviewer could probably gauge my interest in the company through the questions I was asking. This worked in my favor.
Tips: Be sure to prep about the company you are interviewing with. The
questions you ask the interviewer will show them your interest.
Skills:
College Name: Indian School Of Business (ISB)
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