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SIP HOW TOLEVERAGE

April 2013

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Old Chinese Proverb

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Choice is yours .

I am Piyush A. Bahatkar. I attended every Ozonesession and it helped me a lot at the time ofplacements, especially your suggestions on how Ishould present my Summer Project in front of anInterviewer. So, I would like to thank you for theguidance. Because of your guidance and andblessings I got placed in an HRO firm namedNeeyamo.

. Hello Sir,This is Kulpreet Kaur from ISBS. I got placed in

Tech Mahindra and am joining tomorrow. Sir, wantedto thank you for your support and help. It helped mea lot in getting through Thanks a lot, sir

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Companies which asked SIP

Deloitte

ICICI Securities

India Bulls Securities

ITC

Maersk Global Mahindra Navistar

Nomura

TCS

Tech M

Tata Technologies

CRISIL Did you understand the SIP process beforeaccepting!

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Normal Selection Process

Cut off Marks

CV Screening

Aptitude

English Test

GD

Psychological Tests

PI 40% questions will be on SIP

Post PI

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SIP An Inflexion Point

An event that changes the way we thinkand act.

- Andy Grove, Intel

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Why is SIP vital?

We use summers essentially to make sure, we take

candidates whom we have an opportunity to assess for 2-3

monthsPresident, HRD of a leading IT company in India

Most placements, in fact > 60%, of the placements happen

during summers - Placement officer of one of Top 5 Institutesin India

If I were given one more chance, I would have redone my

summers, thats most important for an MBA- Alumni of a

leading MBA collegeSummers is 1st and perhaps last opportunity for every MBA

student to give interviews for 2 months!!!

Summers not only creates an impression about you but also

leaves an impression about your institute

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What do SIP Companies look for?

Academics

Functional knowledge

Attitude Modesty, eagerness, hunger

Team work

Systematic/ method oriented

Communication skills

Sector knowledge/ How well read the person is?

Logical approach towards career progression

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Typical Issues you will face?

Project topic not of interest

Companies do not provide enough support in terms of mentors

Progressive mile stone based evaluations missing

What are typical questions in final placements w.r.t summers ?

How to do scientific research & use the tools of management ?

Where do we get the sector knowledge to do a good project?

Evaluation milestone based feedback

Company need versus University need

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Common Myths

I am interested in Sector X and am getting a

SIP in Sector Y.

I am getting SIP in Market Research, but it

may not be relevant in a Job Interview

They are pushing me for Sales

I have done Mechanical Engineering, am

getting SIP in FMCG, but I want to join IT.

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Areas to prepare during and after

What is the objective of the project?

Why did the company choose to give this project?

What is the methodology?

What are the management tool that can be used to get closer to the

solution?

What is the expected outcome of the project?

How often do we have to update to the people?

Details about the organization where you did Summers Company,

Locations. Turnover, Organization Structure

What are likely questions in finals based on summers?

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Other Important areasRecruiters View

What was the pedigree of the organization where

Summers were done?

Quality of Project

Relevant Business Driver

How is the candidates knowledge of the

organization?

Level of involvement Desire to go beyond stated work objective

Ability to network

Ability to follow through even post SIP

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What Questions to expect?

Company

BusinessObjective

Methodology/Effor

ts

Recommendation

s

Post SIP

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Examples of SIP in your group - HR

Area Companies

Employee Welfare and Satisfaction TCS,

Employee Engagement Four Points, Tata Teleservices, Coca

Cola

Recruitment, Selection and Retention

Strategies

Axis Bank, IPCA Labs, Tata Steel

Effectiveness of Training and

Development

Rambagh Palace, Taj Udaipur, TCS

Labour Welfare and Relations,

Manpower Management

BHEL

Training Need Identification

Evaluation of Performance Appraisal Taj Lucknow,

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Examples of SIP in your group - Marketing

Area Companies

Customer Satisfaction, Perception etc. Bank of India, Mother Dairy, Coca

Cola,Amul

Study of Market Potential Godrej and Boyce, Adani Wilmar,

Godrej Infotech,

Study of Sales and Distribution L and T, Airtel, Coca Cola, Jindal

Steel, Tata Tele Services

Analysis of Financial Products CASA

etc.

SBI Mutual Fund, Bajaj Fin Serve,

HDFC, AIG,Angel Broking, Motilal

Oswal

Success of Specific campaigns or

Promotions

Magna Publication, Sun City,

Reliance Retail,Amanora

Selling Vodafone, HDFC, Tata International

Market Survey, Study of VERSUSSellin

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Examples of SIP in your group - Fin

Area Companies

Process Management BOM, Axis Bank

Working Capital Birla Satna, Suzlon, Tata Steel,Asian

Group, Sulzer

Cost Reduction

Capital Budgeting SAIL

Ratio Analysis Minda Stone ridge,

Portfolio Management Anand Rathi, SCHIL,

Equity Research and Markets Nirmal Bang (Commodities, Derivatives)

Retail Banking Services Axis Bank

Mergers IDBI,

Mutual Funds Reliance Securities, Eastern Financiers,

Credit Appraisal and Post Sanction BOM, IDBI, MSC Bank, Bank of Baroda,

MPFC

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Examples of SIP in your group - Operation

Area Companies

Process Management TAT etc. SAB Miller