Akanksha’s journey has been one of the few most inspiring journeys that I came across in XLRI. One fine winter morning, during a chat over chai at Bishu’s, I thought of documenting her story.
Q: So Akanksha, you were a SBI PO of the 2020 batch. Pretty hard exam to crack and a very coveted job role. Can you tell a bit about your work before you came to XLRI?
Well, My journey before XLRI was marked by a transformative tenure at the State Bank of India as a Probationary Officer. I began in rural West Bengal, diving into general banking and SME loans, and later transitioned to the credit department in an agri-focused branch in urban West Bengal. This role was not just my first job at the age of 23 but a deep dive into the intricacies of grassroots banking. It was an enriching experience that offered a comprehensive understanding of the banking sector's dynamics and the unique challenges faced in both rural and urban settings. Also, it provided me with a treasure trove of exciting experiences. You see, I never run out of stories during interviews :P
Q: How did you decide to pursue an MBA leaving the certainty of a coveted government job?
The decision to pursue an MBA was driven by a combination of professional aspiration and personal inspiration. Working in SBI exposed me to the strategic facets of banking, igniting a passion for shaping business decisions and strategies. Observing MBA graduates in leadership roles within SBI and having family members with MBA backgrounds further fueled this ambition. My Brother, who is an MBA grad himself, kept on inspiring me. I was drawn to the idea of accelerating my career progression and acquiring a versatile skill set that would enable me to make significant contributions across different organizations.
Q: Working in the government sector must have taught you important lessons. Can you mention a few?
My stint at SBI was instrumental in instilling two key skills: exceptional time management and a deep understanding of ground-level operations. The demanding nature of my job, with extended work hours and minimal rest, fortified my endurance and resilience, qualities that are immensely beneficial in the rigorous MBA environment. Additionally, my exposure to the grassroots level of banking provided me with a unique perspective on how business decisions impact the community, resonating strongly with XLRI's ethos of 'for the greater good'.
Q: How did you manage to prepare for such a difficult exam like XAT alongside your work?
Preparing for an MBA while navigating the challenges of a demanding full-time job was a test of perseverance and discipline. My daily routine was a tight balance between self-cooking, intensive studying, and professional responsibilities. I stayed alone in a village where I was posted, did my work diligently, and studied at night or during office breaks. I capitalized on every available moment, from early mornings to late nights, and utilized lunch breaks for focused study sessions. Despite facing health setbacks that limited my preparation time, I concentrated my efforts in the last month, leading to my successful attempt at the XAT, which landed me in my dream institution, XLRI Jamshedpur.
Q: Tell us about the best and worst memory of SBI Stint.
My time at SBI is encapsulated by a spectrum of experiences. The highlight was undoubtedly being part of the organizing committee for a high-profile event attended by ministers and other dignitaries, which provided unparalleled networking opportunities with senior leadership. On the flip side, the most challenging period was grappling with illness while living alone in a rural setting, balancing the demands of work, self-care, and MBA preparations, which tested my limits both physically and mentally.
Q: What would be the best things about MBA that you experienced?
Pursuing an MBA opened avenues that a government job could not offer. Firstly, it allowed for a dynamic career path with the flexibility to explore various roles and industries, unlike the more rigid structure of government positions. Secondly, the prospect of enhanced financial remuneration and the opportunity to work predominantly in urban settings, as opposed to the rural postings often associated with government jobs, were significant motivating factors.
Q: How would you describe your first term at XLRI:
The first term at XLRI was a whirlwind of activities and challenges. It began with the intense and competitive committee selection process, akin to a mini SIP season, filled with late-night interviews and tasks. This was closely followed by the rigorous first-term exams, which were particularly demanding due to the time invested in committee selections. Despite these challenges, the term was also filled with enriching experiences like the rural immersion program and adventure activities, not to mention the joy of forming close-knit friendships and finding a new family in my peers. The hardships were there, along with homesickness. But very soon the green lanes of XLRI, the late night hostel parties, the endless tasks, assignments & quizzes, the SIP preparation and the bonding over all the shared “Peeda” over pasta from Cafe Jampot became very dear to me.
Q: Term 1 in B-schools is mostly famous for the rigorous SIP process. Tell us in brief about your experience.
The SIP season at XLRI was both demanding and rewarding. I secured an internship with Aditya Birla Group, a prestigious opportunity that came my way after winning a national case competition conducted by ABG. This period was not just about personal achievement but also about solidarity, as we supported our friends and batchmates, showcasing the true spirit of camaraderie and teamwork.
Q: The entrance exams are right around the corner. Any Advice for Aspiring XLRI Students?
For those aiming to join XLRI, my advice is to focus diligently on the Decision Making (DM) section and be strategic in approaching the Quant section by targeting specific types of questions. Excelling in VARC is also crucial. Beyond academics, it's important to understand the demanding nature of the program. XLRI's MBA is challenging but incredibly rewarding, offering a blend of rigorous academic learning and enriching personal growth.
Q: Lastly, any advice to Government Employees who also want to pursue dynamic career paths like you through MBA?
If you're a government employee contemplating an MBA, my foremost advice is to be clear about your reasons and goals. It's essential to thoroughly understand the trade-offs involved. An MBA can significantly alter your career trajectory, offering new opportunities but also requiring you to leave behind the security and predictability of a government job. Assess the pros and cons, and understand what you might be giving up. It's a path that demands commitment and passion, so ensure that your decision is driven by a genuine desire for the change and growth that an MBA offers. Avoid making this leap based on transient motivations; consider it a long-term investment in your career and personal development.