By: Kuljeet Singh
During my campus placement, the Indian Rupee had depreciated to record low as compared to US Dollar and so, my JP Morgan’s Group Discussion (GD) topic was related to that current happening.
I started by explaining how the decrease in US Federal Rate has compelled various investors to move away from India towards US that has contributed to this sharp fall in Rupee. Then, I tried to explain how this depreciation will help Indian exporters but will be a nightmare for Indian importers as it will make the import from other countries expensive. Then, in my third and final chance, I tried to analyse various steps taken by the Indian Government to contain this fall, including the opening of a special window to exchange Rupees to Dollar at a fixed rate to increase the supply of dollars in the market.
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In another parallel GD panel, they were asked to discuss the failure of IL&FS (non-banking finance company). They started by pointing out the evasive and irresponsible behaviour of various rating agencies while giving credit ratings to IL&FS. This NBFC had defaulted on its bond coupon payment despite being given AAA rating by rating agencies. And so, its rating had fallen from AAA to D in a single day. Then, they also discussed the responsibility of top management to increase transparency to the investors. As IL&FS played a major role in the financing of various infrastructure projects, so, the impact of the failure of such significant NBFC was also discussed. At last, various steps that can be taken by the government to prevent systemic risk were analyzed.
After clearing the GD, I was called for a Personal Interview round. It was taken by the vice president of Valuation Control Group of JPMC. It began with basic questions about bonds like how yield changes corresponding to interest rate, how the valuation of the bond is done and how arbitrage can happen in bond valuation. Then, he moved towards Market risk and asked about VAR and how it is calculated for different portfolios. Then, he started asking about Options like how its valuation is done, Black Scholes Merton model and a lot about Option Greeks. Then he asked about Swaps and how its valuation is done. Overall, the interviewer was primarily interested in the valuation of various derivative instruments.
After clearing this round, the HR round happened. Very few basic questions regarding my interests and hobbies were asked.
About the Author:
Kuljeet Singh is an alumnus of IIM Shillong. He completed his MBA with a specialisation in Finance in 2019. At present, he works with JP Morgan and Chase as a Senior Analyst.
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Answered 3 days ago
Yes. IIMB does require the CAT exam, but the rest of the top B-schools in Bangalore also take in candidates through the state-level CET, ie, the Karnataka PGCET exam, or through MAT or CMAT.
Top B-schools in Bangalore without CAT | Cutoffs Required |
|---|---|
26690 | |
29592 |
Note: All info. is from official sites and can change.
S
Contributor-Level 10
Answered 4 days ago
IIM Calcutta has only mentioned accepting GMAT score for admission into EMBA courses.
However, CAT is commonly accepted by other similar institutes for both MBA and MBAEx courses. Thus, candidates are advised to ask admission desk for confirmation on this question.
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Contributor-Level 10
Answered 4 days ago
It is not possible to determine a candidate's admission in IIM Calcutta MBA course through CAT score alone. In Stage 1, a score 85% in CAT will be enough for a general category candidate to be selected for PI+WAT admission stage.
Final admission cutoffs are based on many factors other than CAT score.
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Contributor-Level 10
Answered 4 days ago
No, IIM Calcutta cannot get into MBA courses without appearing CAT first. CAT is a mandatory entrance exam and it is conducted every year for admissions into all MBA courses offered by this institute.
However, candidates who are applying for MBAEx course will be required to appear in GMAT for admissi
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Answered 5 days ago
To get a seat at IFMR Chennai, students have to first appear for any one of the entrance exams accepted by the institute for the MBA/PGDM course admission. CAT, XAT, NMAT, CMAT, Andhra Pradesh ICET, IPAMT and SAT India are the entrance exams accepted by this institute for admission to the management
N
Contributor-Level 10
Answered 5 days ago
No, you cannot use the CAT score for direct admission to the MBA/PGDM course at this university.
You would need to first appear for the CAT entrance exam, and then get shortlisted for the PI and or GD rounds to be considered for a seat. Since the CAT cutoff is not released publicly, the closest esti
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Contributor-Level 10
Answered 5 days ago
The Vishwakarma University CAT cutoff 2025 was released for admission to the MBA/PGDM course for the All India quota.
For the General AI category, the estimated Vishwakarma University MBA cutoff 2025 was 50. Students who gained this percentile are then eligible to enter the second round of admission
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Answered 5 days ago
The National Institute of Bank Management Cutoff 2026 for General AI category in CAT exam is 80.
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Answered 5 days ago
No, you cannot use the CAT exam result for direct admission to the MBA/PGDM course at AIMS Institutes, Bangalore.
The college accepts the CAT, XAT and MAT exam results for admission to the management programme. Students have to first attain the qualifying cutoff percentiles and then sit in the select
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Answered 6 days ago
Candidates applying for admission in MBA at IIM Raipur should have qualified the CAT exam. Check below the application fee of CAT:
- INR 2,300 for general category students
- INR 1,150 for SC/ST/PwD students
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