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MIT Sloan Fellows Program Essays Analysis 2010-2011

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MIT Sloan Fellowship-Innovation and Global Leadership

Q1. What are your immediate and ultimate professional objectives for attending the program. Specifically, please indicate how your objectives fit with the purposes of the MIT Sloan Fellows Program in Innovation and Global Leadership and indicate what you would contribute to the Sloan Fellows community.

This is a program which demands a lot and returns even more to those mid-career executives who want to study among the brightest minds in the world and at the world’s leading innovation institute. Therefore, as an applicant, make sure you demonstrate that you realize the enormous benefit that going through such a program can give you. Accordingly, your goals post the Fellowship should be challenging enough – something beyond what you can hope to achieve by simply going up the corporate ladder. Are you a high-performing mid career manager who senior management thinks is capable of setting up a new international business? Some of the greatest positives that you can get from the program are its networking opportunities, the international business experience and the experiential learning – so explain how these tie in with your future goals? And what unique experiences/skills will you add to the community –much of the learning from such a program depends on the experiences and background of its participants – therefore summarize such outstanding achievements.

Q2. Discuss a defining experience in your development as a leader. How did this experience demonstrate your strengths and weaknesses?

First of all, explain the leadership position you were in – what was your primary deliverable as the leader and what kind of team you were working with. Since it asks about a defining experience, choose a situation where, the way you led your team, taught you much about the principles of leadership itself as well as about your preferred style of leading. For instance, perhaps one of your most capable team members was indulging in some unfair practices with respect to the rest of the team. How did you deal with this? What did it teach you about how to lead e.g. though it might have been tempting to overlook this team member’s actions, since he was such a high performer and was excelling in the tasks assigned to him, you had to take a strict view of things, so as to not demoralize the rest of the team. In doing so, what strengths and weaknesses did you find in yourself?

Q3. Discuss a time when you made an unpopular decision. What did you learn from the experience?

The Adcom wants to understand how you go about your decision making process –even if it means that sometimes, all parties involved are not in complete agreement with the process or the final decision. Pick a situation where you were in the forefront for making a decision regarding following a certain approach/ adopting a particular solution. Who were the others involved with you in the process or who were the parties who were going to be affected by your decision? Why were they unhappy with the decision? And in order to finally minimize their resistance to accepting it, what steps did you take e.g. did you offer them some other compensatory benefits/ did you take action to ensure that they would be able to adopt the decision easily? What did you learn about yourself in terms of say persuasive skills or how you overcome a problem situation?

Q4. Please describe a time when you came to see something from someone else?s perspective, or when your opinion was changed by listening and learning from others.

The purpose of this essay is to know how flexible and open minded you are, so as to be able to absorb new ideas. So give an example where you had a particular viewpoint, explaining with reference to the context, why you felt that was right. Then contrast this with the different viewpoint of the other stakeholder/party, and the reason behind that. What was the main motive which made you choose to change your perspective? How did you feel about doing so –did you feel a loss of face/ resistance etc (which were perhaps natural) and how did you overcome these feelings? Finally, you could conclude with a brief line on what was the result of your having accepted the other perspective e.g. the project was a great success and you could build a strong professional relationship with the person whose ideas you accepted.

Q5. Please give an example of a significant innovation (product or process) that you developed for your organization

MIT is known for its culture of innovation – so as a prospective student, you need to show that you can foster this culture with your ideas. At work, have you ever introduced a major innovation – maybe in terms of a new system or a new product? What was the motivation for this innovation – what significant benefits did you expect to generate through this innovative idea. What process did you follow to put the idea into practice and what did you learn through this? You could conclude with a couple of lines on the impact of your innovation e.g. new business worth XXXX achieved through the new product or XXX saved through the new system you proposed.

If you require any help with your MIT Sloan Fellows application, please check out ApexWriters’ MBA essay editing and admissions consulting services. Our complete application package includes brainstorming discussions on your profile and application strategy, essay editing  for Fellowship application, resume editing and critique on recommendation letters (if available). You can buy the package of your interest at Innovation and Global Leadership program Application Packages.

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Harvard Launches Innovation Incubator

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Innovation Incubator at HBS
Harvard University announced the opening of its first lab for innovation and entrepreneurship (in fall 2011) with the goal of spurring innovative ventures across the University, at Harvard Business School (HBS), and in the Allston-Brighton neighborhood.

Continue reading at – HBS Newsroom

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Tata donates $50 million to Harvard Business School

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$50 million gift

Harvard Business School confirms on 14th October that it has received a gift of $50 million from Tata Companies, the Sir Dorabji Tata Trust and the Tata Education and Development Trust, philanthropic entities of Tata Group. This is the largest sum given to the school 102-year history by any international donor. The money will be used to build a new academic and residential building on the HBS campus in Boston for participants in the School’s broad portfolio of Executive Education programs.

Ratan Tata, the chairman of Tata Sons Ltd. since 1991, attended School’s Advanced Management Program in 1971. He received the School’s highest honor, the Alumni Achievement Award, in 1995. “The Harvard Business School is the preeminent place to be exposed to the world’s best thinking on management and leadership, and we are pleased that this gift will support the School’s educational mission to mold the next generation of global business leaders,” said Mr Tata.

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ISB predicts 20% rise in placements 2011

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Jump in ISB placements

Indian School of Business is hopeful that job offers will go up by 20% for its current batch graduating in April 2011. VK Menon, ISB’s director for Career Advancement Services, shared that apart from the firms in US and UK, companies from Singapore, Thailand, Indonesia, and West Asia are showing very positive response.

In the Class 2010 there were 568 students – 346 companies came to the campus and made 541 offers. There were 60 international offers from 65 companies. The average international CTC was $1,29,275 while the average salaries increased 11 per cent. (For complete details on placement and more, please visit our ISB and IIM-A Comparison page)

This year, 571 students, there are already feelers from finance, consulting and marketing companies for taking more students. “Many jobs were lost in the last two years. The companies are now in a catch-up mode,” Menon said adding health sector and entrepreneurship looked strong this year. The conventional recruiters too were getting strong. “We expect to hear from at least 40 international companies in a week or two,” he said.

The placement will be a on a rolling basis, starting January 2011 and continuing till about June 2011.

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GMATCH MBA Virtual Fair with Top Schools

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GMATCH MBA Virtual Fair  2010

Developed and managed by GMAC, this is a unique opportunity for the full-time applicants. Here, you can interact with the admissions team at many top schools, chat with current students and alumni and ask your questions – sitting at your home.

Dates: November 22 and 23

How: You will register for the event and get access to rich graphical interface featuring virtual booths and a multimedia auditorium stocked with material about each participating school’s programs and general details pertaining to MBA. Participants will be able to use webcams to enable face-to-face interaction.

Some Schools: London Business School, INSEAD, the University of Virginia’s Darden School of Business, Georgetown University’s McDonough School of Business, the UCLA Anderson School of Management, the Hong Kong University of Science and Technology, and Nanyang Business School.

Sign up: For registration, please visit http://www.g-match.com/default.html

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Track B-school info sessions in India

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MBA Info session tracker by ApexWriters

MBA Infosessions India

When you care enough about your b-school applications, you want to know all possible things about the school. So what better than meeting the students/alumni and admission officers – that too in your city.

For the aid of 2010-2011 applicants, ApexWriters has prepared a tool, similar to our popular Deadline Tracker. Here, you can find the approaching info sessions in your city or a city near you. So go ahead and plan your day!

Dipak Jain to be the new INSEAD dean

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Dipak Jain named the new dean at INSEAD

It is official! 2011 and dean J. Frank Brown will step down to give way to Dipak Jain, former dean of Kellogg Business School.

More details on INSEAD Website

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Oxford-Said changes the word-limit for essays

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Please give a detailed description of your job, including nature of work, major responsibilities; and, where relevant, employees under your supervision, size of budget, number of clients/products and results achieved. (250 words)
A) This question asks for numbers and data so be as specific as possible. Take an overall view of your job avoiding the details about individual projects. Write about broad skills or functional competencies that you have developed, e.g. planning and budgeting skills, and then justify this with relevant data/ numbers. To respond to the part on employees under your supervision, don’t just mention a certain number but also add in what capacity you supervised them, bringing out the extent of managerial responsibility you held.
Q6 Career description
Please give us a full description of your career since graduating from university. If you were to remain with your present employer, what would be your next step in terms of position? (250 words)
A) Share your unique growth story. If you have been through several role changes and level changes, you can showcase your accomplishments and hence growth. Without repeating the job responsibilities, talk about how you have been vested with increasing levels of responsibility or how have you broadened your exposure to different areas/industries through your role changes. As far as your next position with your employer goes, you can sneak in a bit about your special accomplishments that propel you towards the next level of responsibility/seniority. You can also touch upon what opportunities you will forego in order to pursue an MBA at INSEAD.
Q7 Description of yourself
Give a candid description of yourself, stressing the personal characteristics you feel to be your strengths and weaknesses and the main factors, which have influenced your personal development, giving examples when necessary. (400 words)
A) This seems like the easiest question, because it talks about the person most familiar to yourself – you. However, resist the temptation to make it a set of adjectives for a matrimonial posting. Rather, dig into your experiences and find qualities which will help you stand out at INSEAD ? like show your academic promise or leadership potential. Do not be shy while talking about your weakness/es ? this shows your self-awareness and maturity. Be honest and select weaknesses which are mild and workable. Divide your write-up among 2-3 strengths and 1-2 weaknesses, giving example of each.
Q8 Most substantial accomplishments
Describe what you believe to be your two most substantial accomplishments to date, explaining why you view them as such. (400 words)
A) A good approach is to select two accomplishments from two different realms – one professional and another to do with a hobby/ an academic achievement. Why these achievements were substantial – because of the results you achieved or the exceptional effort you put in or the challenges you overcame to succeed? Paint a broad picture of the landscape against which you achieved the results, such as the extent of competition, the scarce resources that you had to work with or the punishing deadline you met. At INSEAD, show strengths like ability to contribute to the class, cultural acclimatization, maturity and leadership.
Q9 Personal objectives
Describe a situation taken from school, business, civil or military life, where you did not meet your personal objectives, and discuss briefly the effect. (250 words)
A) Can you analyze a situation where you failed and draw lessons from it?
It is important that you cite the objectives, your role, failure statement, analysis of what went wrong and your learning. Therefore, the failure itself is not as important as how you viewed it, how you introspected and improved for similar future assignments. Thus, devote good words to explain how you were affected by the failure and what did you learnt from the whole incident.
Q10 Career goals
Discuss your career goals. What skills do you expect to gain from studying at INSEAD and how will they contribute to your professional career. (500 words)
A) Get to the goals straight and do not talk about career summary or progression.
Think hard about the career choice you wish to make post MBA. Again, it is not so important that you have the next twenty years of your career path neatly charted out but it is important that you understand your personal aspirations and the impact of an MBA, an INSEAD MBA on your future.
Get to learn more about academics, experiences and opportunities at INSEAD (read http://mba.insead.edu/academics/ and http://knowledge.insead.edu/home.cfm) and attend information sessions, meet current students or alums, research INSEAD?s online resources and visit the campus, if possible.
Q11 Culture shock
Have you ever experienced culture shock? What did it mean to you? (250 words)
A) The intention here is to find out if an applicant can acclimatize in an alien environment.
INSEAD is acclaimed for diversified cultural interactions and it is very important for a new student to feel comfortable. Talk about incident/s when you experienced a new culture, found something out of your perceived notions and were in for a shock! Now, talk about how you coped with the frustrations, adjusted to the surroundings and came out as a winner. This experience could make you learn something about yourself, help you look at things from a different perspective, give you a new professional direction or gradually appreciate the goodness in that new setting.
Q12 Foreigner
What would you say to a foreigner moving to your home country? (250 words)
A) Are you knowledgeable about your country and can you help others to enjoy their stay? Keep the tone of this answer even and balanced. You neither have to sing paeans in praise of your country or its culture, and nor should your answer read like a list of do’s and don?ts for a foreign immigrant. The question has to be answered more in abstract and general terms and you should not unnecessarily get into factual details about your country. Informative advice can be the main theme. For example you can write about common social and cultural etiquette followed in your country that can help an immigrant acculturate himself in dealing with your country’s people. You could also point out some interesting pursuits or activities or suggest groups which he could associate himself with in order to learn more about and establish a social network in your country.

Essay Word-limit reduced

Said Business School has reduced the word-limit for 2010-2011 essays. Please refer to the FAQs section of Oxford-Said.

Here are the updated word-limits:

1) Explain why you chose your current job. How do you hope to see your career developing over the next five years? How will an MBA assist you in the development of these ambitions? Maximum 750 words
2) Which recent development, world event or book has most influenced your thinking and why? Maximum 1,000 words.

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ISB vs IIM

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Quick comparison – ISB and IIM

MBA applicants are today finding it difficult to select between the two of the most prestigious brands in India. It is because both are mighty names, offer excellent learning opportunities and help you bag the dream jobs. Weather you are contemplating applying to these schools or are making that final decision, you need to do a comprehensive comparison between both the schools. For the applicants who want to do a preliminary research on Indian School of Business and Indian institute of Management – Ahmedabad, here is a quick yet comprehensive analysis.

IIM-A PGPXISB PGP
IMPORTANT FACTS
Year of launch20052000
Class size90 for 2011-12. May increase intake to 140-150577
Average age of students33 years27
Average years of work experienceNo minimum requirement of years of work experience. However,
typical work exp varies from 5-8 years. Also they count years spent in
MS program towards work ex, so for engineering students, this could be
a point to take note of.
- 2 years minimum work ex.
- Average work ex of Class of 2010 – 5 years
Female students7%Approx 25%
International experience-Average months of international exp-50
-91.8% have international exposure in terms of work and studies.
Over 50% of students have some international experience
Program start and end datesApril 12, 2010 – March 20, 2011April 11, 2010- April 2, 2011
Class profile-55% engineers
-50 % with only Bachelors degree
-50% with Bachelors and above qualification
56% Engineers
Faculty-Over 90 Faculty members, over half of them have obtained their Ph.Ds from
leading international universities.
-Faculty have written 95 international cases, Presented 459 papers at
international conferences, Written 405 papers in international
journals, Participated as faculty in international management
development programs 75 times
30 resident faculty, Over 100 Visiting Faculty from some of the
leading B-Schools of the world like Wharton, Kellogg, London Business
School, Cornell, Chicago, Duke, and UCLA
FEES AND FINANCES
Fees-Rs. 21.0 lacs for single/married students
-Other expenses such as Electricity (Rs.15000 annual approx) and Service charges for TV, Cooking gas etc on actuals

(Total above includes cost of international component)
-Rs. 21.5 lacs for single students and Rs. 23.1 lacs for married students.
-This amount includes Rs.50k towards laptop charges. If you bring your own, this will reduce the above totals by 50k.
- The cost of the international component is above this and varies from 6000-10000 USD (approx Rs. 3-5 lacs)
Commitment fee payment scheduleFirst commitment fee – Rs.5.0 lacs, non refundable payable by Nov 27
-Second commitment fee – Rs. 3.0 lacs, non refundable, payable by Jan 15,
-Balance payable on joining the program (both lump sum and installment schemes available)
-Non refundable admission fee of Rs. 2 lacs to be paid along with acceptance decision within 15 days from the date of the admission offer.
Financing optionsAllahabad Bank
Maximum Amount: Rs. 750000; Repayment Period: max of 7 years
Andhra Bank
Loan Amount: Rs. 1000000; Repayment Period: 5 to 7 years
Credila Financial Services
Max Amount : 20 Lakhs; Repayment Period: max of 7 years
HDFC Bank
Max Amount: Rs. 20 lacs or 95% of cost; Repayment Period: 6 years
Indian Bank
Max Amount: Rs. 20 lacs or 95% of cost; Repayment Period: 7 years
SBI
Max Amount: Rs. 20 lacs or 95% of cost; Repayment Period: 7 years.
Union Bank of India
Maximum Amount: Rs. 20 lacs or 95% of cost; Repayment Period: 7 years
ScholarshipsNo official scholarshipsCognizant – B’izard 3 schols of 3 lacs, 2 lacs, 1 lac available. Apply by August
Citigroup –USD12500. 4-6 schols. Apply by May-June
C Square Learning Pvt Ltd. - 5 schols of Rs. 1 lacs
Novartis -3 schols of Rs. 4 lacs each
Tata Motors - 3 schols of Rs. 3 lacs each
Nurture India - 1 schol of Rs. 4 lacs
Manhattan Review-5 schols, Rs. 1lac


International Scholarships
ISB –AIESEC 2 schols of Rs. 10 lacs International Schol – 10 of 6000-20000 USD
La Caixa and Casa Asia Scholarship- Total expenditure (3-5 schols)
Talentia Scholarship – Total expenditure (variable no. of schols)
More details at
http://www.isb.edu/pgp/Scholarships.Shtml
APPLICATION RELATED FACTS
Important Application related dates-Last date for filled in applications :August 10, 2010
-Intimation to shortlisted candidates: by September 10, 2010
-Interviews: September-October, 2010
-Intimation to selected candidates: by October 31, 2010
-Acceptance of offer: by November 25, 2010
Separate dates for Indian and foreign students

Indian students:
Round 1 – Application by Aug 30,2010 and offer date – Nov 15,2010

Round 2 – Application by Nov 30,2010 and offer date – Feb15, 2011
-Both rounds acceptance cutoff is 15 days from date of offer

Foreign students:

Admissions on a rolling basis.
InterviewYesYes
Evaluation Criteria-GMAT Scores
-Leadership Profiling
-Interviews
-Intellectual Caliber
-Entrepreneurial Spirit
-Managerial/Cultural Exposure

Application related

Essays-First round of screening involves evaluation
on the basis of only the GMAT score and candidate profile including
work ex. After this, shortlisted candidates are required to submit
essays to given questions.

The essays require you to

- Show why you need an MBA and how it fits your overall career goals
- Give evidence of your leadership experience and provide a descriptive
analysis of yourself as a candidate suitable for their program
-GMAT Score
-Leadership Potential
-Diversity
-Academic Background and Analytical Ability
-Work exp

Application related

Essays-All applicants have to write 3-4 essays (last is usually optional)

The essays require you to have

- A clear understanding of why the MBA is needed at this stage in your
professional career and what you expect to gain from ISB’s program in
particular
- An evidence of the kind of professional experience you have had which
may require you to describe leadership experience, how you have met
significant challenges etc
- Factors which differentiate you and strengthen the chances of your acceptance
Admission Requirements- Bachelors Degree
- Minimum age of 27 years at the time of joining
- GMAT Score
- No minimum age
- Bachelors degree
- GMAT Score
Average required GMAT scoreUpwards of 700. Also GMAT should be taken in the last 3 years prior to applying - GMAT scores in a 5 year period prior to application are valid.
- Average GMAT of Class of 2010 – 712
- GMAT range 600-780
PROGRAM DETAILS
Core courses/ tracksMarketing, Finance, Supply chain management, Strategic management.

Programme Segments: PGPX has six segments:
(i) Induction
(ii) Building Blocks
(iii) Preparing for Top Management
(iv) International Immersion
(v) Electives
(vi) Capstone
(i) Entrepreneurial Venture
(ii) Experiential Learning Programme (iii) Independent Study Programme
(iv) Corporate Interaction
(v)The International Student Exchange Programme
International component- Academic Study: 1 Week
- Project: 4 weeks
- Group Size: 3 - 5 students
- Time: 2nd Week of November
- 2 terms are spent as an exchange student with any of the 26 schools listed below
-ISB also offers South East Asia Business Trek
Exchange programs and schools partnered with for International componentThe International component only involves outbound programs in partnership with the following schools.

North America (USA, Canada)
-Columbia Business School, New York, USA
-The University of British Columbia, Vancouver, Canada
Europe
-ESC Bretagne Brest, Brest Cedex 3, France
-Frankfurt School of Finance & Management, Frankfurt, Germany
-University of Amsterdam, Amsterdam, Netherlands
-University of Leeds, Leeds, UK
-Warwick Business School, England, UK
Asia-The Chinese University of Hong Kong, Hong Kong, China
- Both Outbound and Inbound exchange programs on offer with the following schools in exchange network

North America (USA, Canada)
-Darden School of Business, University of Virginia - USA
-Haas School of Business, University of California Berkeley - USA
-Fuqua School of Business, Duke University - USA
-Joseph L. Rotman School of Management, University of Toronto Canada
-Kellogg School of Management, Northwestern University - USA
-Kenan Flagler Business School, University of North Carolina - USA
-Judge Business School, University of Cambridge - UK
-Leonard N Stern School of Business, New York University - USA
-Queen's School of Business, Queen's University, Canada -Schulich School of Business, York University, Canada
-Thunderbird School of Global Management ,USA
-The Wharton School, University of Pennsylvania - USA
-The Fletcher School, Tufts University - USA
Tuck School of Business, Dartmouth College - USA
Europe
-Bocconi University (MSc) - Italy
-Cheung Kong Graduate School of Business - China
-College of Commerce, National Chengchi University - Taiwan
-ESADE Business School - Spain
-London Business School - UK
-Otto Beisheim Graduate School of Management, WHU - Germany
-Rotterdam School of Management, Erasmus University - Netherlands
-HEC School of Management - France
-IESE Business School, University of Navarra - Spain
-SDA Bocconi School of Management (MBA),Italy
IE Business School - Spain
Asia, Africa and Australia

-Lahore University of Management Sciences - Pakistan
-School of Business and Management, The Hong Kong University of Science and Technology - Hong Kong
-Faculty of Business Administration, Chinese University of Hong Kong - Hong Kong
-NUS Business School, National University of Singapore - Singapore -School of Economics and Management, Tsinghu University - China
-The China Europe International Business School - China
-The Leon Recanati Graduate School of Business, Tel Aviv University – Israel
-Melbourne Business School, University of Melbourne - Australia
-KAIST Graduate School of Business - Korea
-University of Cape Town Graduate School of Business – South Africa
CAMPUS LIFE
Professional & Social clubs-Abacus - Quant Club
-Beta - Finance Club
-Consult -Consulting Club
-Entre - Entrepreneurship Club
Forum for Industry Interaction (FII)
-Genesys - Systems Club
-LSD - Literary Club
-Niche - Marketing Club
-IIM Ahmedabad Cultural and Theatrical Society (IIMACTS)
-Prayaas - Community Service
-Prakriti - Nature Club
-Business Technology Club
-Consulting Club
-Emerging Markets Club
-Energy
-Manufacturing -Operations Club -Entrepreneurship
-VC Club
-Finance Club
-General Management Club
-Healthcare Club -Marketing Club
-Media Club
-Net Impact Club -Real Estate Club -Retail Club
-Women in
Business Club
-Arts & Creativity Club
-Dance Club
-Golf Club
- Music Club
-Photography Club -Radio Club -International Club
-Quiz Club
-Theatre Club
-Sports Club
-Spouse & Family Association
Accommodation options- 203 sq ft Single room with attached bathroom for single students
- 676 sq ft 2 room with bathroom for married students
Studio apartments and 4 bedroom apartments.
Events-Chaos - Cultural Event
-Confluence - Internal Business School Meet
-Insight - Marketing Fair

The course does not emphasize extracurricular activities as much as the ISB course – this also follows from the fact that the age of
participants in this program is significantly higher than ISB’s typical
student and the number of years of work ex is also higher. Plus about 70% of students are married compared with only about 30 % of students
being married at ISB.
Several events and student participation in these is strongly encouraged


-Entrepreneurship Conference
-Summer Research Conference 2009
-Media Conclave
-Global OD Summit 2009
-21st AIMS Annual Management Education
Convention 009
-Retail/ Real Estate Conference
-Capital Markets
Conference -Healthcare / Pharma Summit
- Case Writing & Case
Teaching Workshop
-Talent Management Conclave
-CSR Conclave
-Second
International Conference on Igniting the Genius Within
-Business
Technology Conclave
-ISB Private Equity Conference
-The ISB Energy
Conclave
-Ikshaa-The Marketing Summit
-ISB Leadership Summit (ILS)
PLACEMENTS
Placement Support-Placement support for non sponsored students.
-Rolling placements system.
-For class of 2010, breadth of positions offered included:
1 CEO,1 SVP,3 VP
10 GM,1 Director
8 AVP,16 strategic consulting roles, and
several senior manager positions.
5 participants started own businesses
and opted out of placements.
-Yes for all students.
-Students can also seek guidance from the Advisory Board : a six-member team comprising top HR talent management professionals
from Indian and international companies that brings an “industry
perspective” to CAS (Career Advancement Services) operations.
Recruiters (indicative list of companies, not exhaustive)Consulting – Accenture, McKinsey, PRTM Management Consultants, PWC, Booz Allen, Hewitt
IT – Cognizant, Dell, Google, Infosys, iNautix, Tech Mahindra, Wipro, NIIT, Polaris, HCL Opera Solutions, Covansys, Amazon,
Retail- Spencer, RPG Group
Infra, Energy, Auto etc – Tata Motors, Reliance
Energy, Suzlon, Cairn, Hazira LNG, Mahindra & Mahindra, KPIT
Cummins, Ceat Tyres, L&T, Marg Infra
Finance –ICICI, ICRA, HSBC, Edelweiss Capital, IL &FS Citigroup etc
Consulting – Accenture, McKinsey, AT Kearney, Deloitte Consultants, BCG
IT - Infosys Technologies / Consulting/ BPO, DELL
INTERNATIONAL SERVICES – ANALYTICS, Google, Amazon, Bharti Telesoft,
NIIT Technologies Ltd., Cognizant, Directi, MicrosoftMedia – Gallup, Dainik Bhaskar, Big 92.7 FM
Healthcare/ Pharma – J&J Medical, Pfizer, Novartis, TCG Lifesciences Ltd., Biocon, Dr.Reddy's Laboratories Ltd., Fortis Healthcare Ltd
Retail & FMCG - Bharti Wal-Mart, Pepsi, HUL, Coke, Colgate Palmolive
Financial Services – Citibank, HSBC, Yes Bank, JP Morgan, TVS Capital Funds Limited, Avaya Global

About 25% of the companies which recruited in 2009 were international companies.
Employment by Function

(approx % to show the breadth of roles taken up by candidates – 2009)
About 30% - General Management
25%- Consulting
22% - Sales and Business Development
11% - Operations
7 %- Strategy
5% - HR, Project Management

29%- Consulting
11% - Finance
8% - General Management
9% - IT
17% - Sales and Business Development
11% - Operations
15% - Others including Business Research
Employment by Industry

(approx %)
IT & ITES – 21%Consulting (Non IT) – 20%
Conglomerates – 13%
Telecommunication – 11%
Energy/Infra – 11%
Finance – 7%
Healthcare – 4%
Others -5%
Consulting – 18%
FMCG– 5%
IT/ Telecommunication – 20%
Manufacturing – 8%
Financial Services – 11%
Pharma – 11%
Others -27% including media, real estate and diversified companies

Avg Domestic SalaryUpwards of Rs. 20 lacs annually (based on avg over 2008-9)

Approx Rs. 15 lacs annually (based on avg over 2008-9)

Avg Intl SalaryAbove USD 120,000

Approx. USD120,000

ApexWriters Scholarships 2010 for GMAT takers

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ApexWriters GMAT Scholarships 2010

Second year in the row and ApexWriters is sharing part of its profits with GMAT applicants.

We have again come up with the Scholarship contest for GMAT applicants and business school applicants where we are distributing over 40,000 rupees in prize money. To  be eligible, you should be an Indian who is taking/has recently taken GMAT. So, get ready, apply for the scholarship and you could take your GMAT for free! Here is your chance to avail 100% towards your GMAT test fee and up to 10,000 rupees off on our application help packages. We have already started accepting the applications and the last day to submit your entries is September 15th, 2010.

Good luck to all the applicants!!

We are taking related queries at – scholarships (at) apexwriters.com

For details on the contest, please visit ApexWriters Scholarships 2010

Bloggers – Please help spread the word and share the link with your friends.

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