UCLA McKinsey

Notes from “The Firm: The Story of McKinsey and Its Secret Influence on American Business” – McDonald, Duff

Good read about McKinsey and the evolution of consulting industry.

29 May 2014 - 7 July 2014

  • The McKinsey consultant should make his way into his community’s establishment: He was expected to join local boards, get involved in charities, and even attend church.
  • Second, the McKinsey consultant had to inspire confidence with his appearance.
  • Long socks were required because Bower abhorred the sight of “raw flesh.”
  • And then there is McKinsey, projecting an image which suggests that, if God decides to redo creation, He will call in McKinsey.
  • It’s the only job I can think of where you start in general management, and then, if you’re successful, you end up in sales,” said an alumnus of the firm.
  • Barbara Minto’s The Pyramid Principle: Logic in Writing, Thinking, and Problem Solving
  • The most successful McKinsey consultants are networkers of the highest order.
  • Deal-making skills have become more important than scale or scope, and strategic insight and foresight more important than structural position
  • Restless curiosity
  • McKinsey alumnus Paul Chellgren, who went on to become president of Ashland Oil, explained the preference to BusinessWeek in 1993: “[Working at McKinsey provides] a cram course in business experience,” he said. “It was a compressed opportunity to see a lot of companies, industries, and problems in a short period of time.
  • McKinsey’s employs an objectivist, skeptical, fact-based, integrative, and analytical approach to solving its clients’ problems.

All Excerpts from Duff, McDonald. “The Firm: The Story of McKinsey and Its Secret Influence on American Business.” Simon & Schuster

This material may be protected by copyright. Photo credit e-architect.co.uk

From Middle East to West Coast – UCLA MBA Student Voice Blog

The same is reproduced on UCLA Anderson MBA Student Voice Bloghttp://mbablogs.anderson.ucla.edu/mba_students/2014/07/from-middle-east-to-west-coast.html

California Gif“California! Here we come!” Phantom Planet – California

I can’t remember how many times I have played this song since receiving my admission offer. I am truly ecstatic to join the Anderson family as a MBA 2016 candidate and as a student blogger.

Hello everyone. Before I begin sharing about my transition from Middle East to Los Angeles, I would like to introduce myself in this post. My name is Piyush and I am originally from India. The literal meaning of my name in Hindi language is elixir of immortality. Although I am aging too, I can share some tips to live longer. Continue reading

Worldcup 2014

Pre-MBA coursework – Fifa Football World Cup 2014 | Compilations of best world cup promotional videos

I am really excited this year. Not only I am relatively free, having secured my MBA admission but also more informed about the game and teams. Although Brazil is one of the best country to host this competition, I would have to stay awake late in the night to catch the action. Enough said, its time for the games to begin. I am not football pundit, so will not dwell into favourite team and top scorers but will definitely advice people to join the celebrations. Continue reading

I don’t get it when young people are chasing banking, insurance during internet revolution – Alexander Samwer

Alexander Samwer, MBA from Harvard Business School, and founder of Alando (valued at $5 Billion) and Jamba! (sold to VeriSign for $270 million) is very critical of young people chasing the wrong train. In his interview, he compares the opportunities in internet revolution to the ones during California gold rush, post world-wars and industrial revolution. He says that the market is big enough for everyone and he does not gets it when young people are not in the internet industry, biggest opportunity our generation is going to have. The 20 minute interview is interesting, frank and worth watching.
Filmistaan wallpaper

Low budget but good entertainment – Movie review: Filmistaan (2014, Hindi)

Low budget film but high on entertainment. The film revolves around love of Bollywood in Pakistan and how cinema brings different people together. The lead actor, Shaarib Hashmi entertains the crowd by mimicking Bollywood movie scenes and actors. Although a good movie, I believe you will enjoy it more in the comfort of your home.

Rating – 3 out of 5. Have a good weekend.

Photo credits – Dearcinema.com

IIM_A

NRI and PIO applying to Indian Business Schools – Part 2

Follow up from the post NRIs applying to Indian Business Schools – Part 1

My decision came down to  IIM Bangalore and UCLA Anderson. Before committing to a school, I posted this question on different MBA forums, spoke to current students and recent alums, and consulted friends and family. Speaking to different people, I was not only able to gather different prospectives but also be in a better position to make such an important decision.

India or Abroad 

I will share some of the views that I came across, obviously most of them are in my context and may vary from person to person. Firstly you really can’t compare India business schools to schools in Europe and United States. The schools are catering to different markets and countries. Its like comparing apples to mangoes. However I will try my best to summarize the discussion. Continue reading

NRIs

Non-resident Indian (NRI) and person of Indian origin (PIO) applying to Indian Business Schools – Part 1

Market

There are approximately 22 million Indians living overseas according to the Government of India. Just to give you comparison, the population of Australia is 22.68 million only. Although there is no age demographics breakdown, I believe a major chunk of this population is married with children. Parents looking for quality education are open to Indian education system, which has now started to welcome Non-resident Indians (NRI) and persons of Indian origin (PIO).

At the same time, current students at International universities, and graduates from India, who are taking up International positions are eager to return for their MBA. Continue reading

MBA Books

MBA applications summary

Its been a long journey. Not receiving offers early in my application process, did put me in a panic mode. However I am really happy with my options and thank my friends and family for supporting me during this process. Below is my summary of applications.

I will be sharing my experiences about each school in the coming months.

Wait continues

Wait MBA Applications

Its been a long season of MBA applications and I believe it will stretch for another couple of months. I am very proud to have interviewed at most schools and I believe will land up with the school, which best fits me. In the meantime, I will be travelling in India and also plan to do some pre-MBA reading and networking to gear myself up.