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IIM Lucknow Past Years Personal Interview Experiences

Mar 18, 2022 | 3 minutes |

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IIM Lucknow interview Experience

X/XII/B.com(H)/CAT - 89/95/81/99.60

Chartered Accountant with AIR -24 in CA-IPCC


Date - 8 March 2021

Time - 10 AM (Morning slot)

Tell me something about yourself?

Me: Answered.

Why MBA when you are already a CA and have a good profile?

Me: Answered.

Do you know about GameStop?

Me: Explained.

Don’t you think markets are too fragile to let this happen?

Me: Talked about regulatory intervention needed to curtail such a frenzy, compared Indian and US markets and why it cannot happen in India.

Do you know who is Rakesh Jhunjhunwala?

Me: Answered.

His latest action?

Me: Talked about his stake in jubilant

No, tell me why did he buy Tata motors?

Me: Was not sure of the reasons but gave a macro understanding of the automobile sector and said Tata motors is well-positioned.

Which ratios would you consider to evaluate Tata motors stock?

Me: Gave reasons for each ratio and mentioned P/E, FCFF, Debt equity, ROCE

Difference between ROE and ROCE?

Me: Explained.

How much debt-equity should be ideal?

Me: Told (some cross-questioning here)

Which industry did you work in?

Me: Pharmaceuticals.

Which stock you’ll suggest from pharma and why?

Me: Cipla and gave my reasons

Do you know about yes bank crisis and can you tell the reasons?

Me: could not answer in great detail but gave an overall view of its involvement in DHFL, and high stress in its loan book, and that could have been understood by tracking its NPA and loan book quality.

Which other calls do you have?

Me: A,K,I,S

What problems do you think you will face after going for MBA?

Me: told that I’ve been out of touch with higher calculus and so will refresh that knowledge and also told about PR skills can have to developed on the campus because I’ve mostly stayed on a distance learning program whereas MBA would be different.

Talk about international women’s day for 1 minute.

Me:  gave intro of why it’s needed, talked about increase in boardroom representation of women compared to last year in today’s newspaper article due to companies act women director, talked about a leader I follow Kiran Mazumdar Shaw and gave my reasons, talked about West Bengal and it’s success in female representation in politics as well as Kanyashree sceme and how such progressive steps much be taken in the entire country and we still need to promote them.

Do you know the exact history of why it’s celebrated?

Me: Gave a vague answer and told was unaware of the specifics

She explained the history and told me voting rights were an issue. She said me to read up on it.

I replied that I will definitely read up on this for sure.

Overall they were a chilled panel and were smiling. Even I had maintained a smile throughout. The female prof was nodding at my answers in general, which was quite encouraging.


Source of this PI Experience: Sagar Tandon