Well, we've heard of "Charity begins at home". The latest thing at ISB is Consulting interview prep. So, we have this new one-liner "Consulting interview prep begins at your quad". everywhere, someone or the other is preparing with a team of people for consulting interviews. there are so many groups that are interested in the run up for the interviews in february that all group rooms and lecture theatres are full every other day. and out of necessity and enthusiasm to reach the pinnacle, people have started meeting in the quad. they are trying the idea of working in an informal setting and still achieving extraordinary results.
there are almost 50 jobs that students here can make in the consulting arena. and yes, atleast 300 people are making that big fight for the coveted jobs.
on the other hand, the round 1 results are out. i have seen some 70 odd emails today on the isb-pgp yahoogroups about people congratulating each other. more than 90% of the profiles are: 700+ gmat, 4-5 yrs experience on average, worked with one of the big IT firms, went abroad for a while. bottomline: did the same damn shit that most people in the current batch did. that accounts for almost 50% of the batch.
well guys, this fact cannot be denied that the IT guys occupy half the seats in any batch. and that stems from the fact that the number of applicants from the IT industry is to the tune of 100 per top IT company. so even the admissions office cannnot do much. and thats the reason why almost 50% of the jobs that people get from this place is in IT.
future applicants - for example, its not easy for someone with an IT background to make a shift to finance. thats the fact. in fact, its extremely tough and be prepared for the challenge. from what i see, the current batch is trying to position itself as a consulting savvy batch.
the companies that pay filthy unimaginable salaries take a maximum of 2 people. most people end up with the milkround recruiters and what they pay is somewhere near the last year average salary. some say its even lesser.
and i have seen that its next to impossible to make a complete career shift in a less than one year programme. you can argue with me that some people have made the shift. well, thats like a countable few and in a batch of more than 400 people its one or two percent.
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