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04 Mar 2009, 00:37
Disclaimer: This post is purely for the sake of argument, and there is no intention to offend anyone or any institution. It may be a little off topic as well.

I agree that majority of the IIM-A 2 year program students are 22-23 year olds and most of them have Engineering backgrounds. However, these kids have to get a 99.9th percentile in the entrance exam CAT - which in itself is a phenomenal demonstration of intelligence. Also, the group discussions and interviews are no joke - which speak to the all round qualities of a candidate. In my opinion, group discussions, compared to essays are a better measure of the all round ability of a student.

Experience - For a successful post MBA career, let's say IB/Consulting, the key attributes of a good hire are superior analytical abilities and an ability to pitch your idea and convince. Some might argue that number crunching abilities are also important. If a candidate can demonstrate these abilities with zero or minimal experience,that should do. Let's compare such a candidate to a career switcher - let's say someone with 4-5 years demonstrated leadership experience. Would a BBB/Big 3 prefer the younger candidate or the one with more experience in a different field. If common sense serves me right - they would pick the younger candidate - simply because young guys have more energy and frankly IBs don't give a damn about non-analytical prior experience. You were an analyst - great, you were a computer programmer - great. You were a history teacher - no thanks. If IBs really cared about prior non-analytical, non-finance related experience, in these turbulent times career switchers would have stood an equal chance of obtaining employment. That, however is not the case.

Extra curriculars - How does extra curricular activities impact recruitment at a b-school?. I may not understand the banking and consulting industries, but from what I've read - GMAT scores are a criteria for recruitment and not extra curricular activities. Correct me if I'm wrong here. I don't see extra curricular activities coming into play post b-school. You do your job, drink and if time permits go home. That's it. Frankly I don't think any employer cares about your hobbies or your extra curricular activities. Besides, after working an 80 hour week who can think about extra curricular activities ?

So why shouldn't a BBB/Big 3 firm pay top dollar to IIM-A candidates - just because they lack experience and extra curricular activities.
Again I apologize if I've sounded too crass or offensive.

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