The IIM Group Discussion and subsequent
Personal Interview has become one of the most used
methods for screening of candidates for the IIM
MBA admission procedure. Cracking the GD/PI
requires similiar preparation as made for the actual
CAT exam.
To prepare adequately for the IIM GD process one
should begin with the following tips:
1) Start acquiring knowledge of solutions: Don’t read
the news papers merely to understand what’s going
on. If you are reading about the growth of Special
export Zones in India and the Nandigram violence -
then make the effort to understand how it could
have been avoided.
2) Understand who are the concerned parties: try to
delve into who really has an interest in the issue at
hand. That the entry of Financial institutions in the
real estate sector will affect the consumers is old
story, why is the RBI concerned and what are the
reasons it is concerned. That will lead you into the
Group Discussion content nirvana
3) Find out key issues: The IIM’s tend to keep Group
Discussion topics and case studies based on
contemporary topics. So know issue like why
inflation is the buzz word not only in India but also
the US economy and why it has an effect on the
USD/Rupee rate and on the trade deficit.
4) Keep it vast and keep it simple: Abstract topics are
also a favourite of the IIM’s for the GD
and individual extempore. Make sure you have a
complete awareness of the major aspects of the
economy as well as the world. One way to start is to
examine which industries are witnessing the
majority of Mergers and Acquisitions i.e steel
(TATA- Corus, Arcelor-Mittal), aviation
(Jet-Sahara, Kingfisher-Deccan,
banking(ABN-AMRO- Barclays, Reuters-Thomson)
and understand the rationale for the interest in such
industries.
As you can see clearly, the preparation required is exhaustive and detailed. The IIM GD process involves having good quality content based on economic concepts and news to win at the IIM Group Discussion
Tags: Career Launcher, Group Discussion, IIM, MBA, TIME, Time Ascent
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