Sunday, 21 August 2011

How to prepare for Data Interpretation and Logical Reasoning

The Data Interpretation and Logical Reasoning section of the CAT is probably closest in resemblance to the kind of problems you will be dealing with as a manager. It tests your decision-making ability and speed using limited input.As with all other CAT sections, the most important part of preparation is practice. Needless to say, you should give every practice test as seriously as the real CAT. There is absolutely no sense in giving untimed tests. In fact,giving tests without looking at the watch will only hamper your preparation.

Start off with topical tests in the initial stage of preparation. When you gain confidence in all areas of DI/LR, it is time to start giving a couple of full-length DI/LR tests. After this, merge individual sectional tests and start giving CAT-type full length test papers containing all three sections. Always analyse your performance after every test you give and use tests as a valuable feedback mechanism. If you feel the need, keep going back to topics which you feel require more work and take 1-2 more area-specific tests in that topic. An important thing you need to work on is the judicious selection of questions.Utilize practice tests for this purpose.

The Data Interpretation/Logical Reasoning section can be divided into three key areas:

1. Data Interpretation: This is the calculation intensive portion of the section. It consists of a myriad of graphs, charts and tables from which you will have to glean and analyse data. The key to cracking this area is to quickly identify the key pieces of data that you will require to work on the questions asked. It is not unknown for question-setters of the CAT to try and bewilder students with a large amount of data, most of it unnecessary. As a rule, the more the data presented, the easier the questions that follow, so don't lose heart if you see a table with 10 columns occupying one whole page. On the other hand, several seemingly innocuous questions may trip you up. Therefore, I would advise you to look at the questions first to get an idea of what data you need to be searching for in the graphs/charts/tables in the main question asked.

Another interesting feature of DI that you as a student can use to your advantage is that, usually, not all questions in a set are of equal difficulty.Specifically, most sets have a 'counting' type of question (How many companies have profits more than x%, how many people have incomes less than Rs. Y etc.). Most of these questions can be solved without calculation but by close inspection of the data presented. These I would categorize as 'gift' questions designed to test a student's presence of mind, and should never be missed out on.

There are other similarly easy questions in most sets,and you should practice identifying the level of difficulty of questions so you know immediately which ones to attempt and which to avoid. There is no rule that states that you need to attempt all questions in a set, so it is a perfectly valid strategy to attempt selected questions across your DI section, without perhaps completely attempting even a single set.

An unusual source of practice questions that I would recommend for DI is a GRE preparation textbook or software. These contain several graph and chart type questions, most of which are near CAT level. You can utilize these questions in the initial source of preparation to practice reading data off charts and tables, and then gradually move on to tougher questions from CAT preparation material. GRE software comes with the added advantage of an inbuilt timer that keeps you on your toes.

2. Logical Reasoning: This is the tougher (as perceived by most students)portion of the section. It consists of logical puzzles with several questions that follow. The most important and first step to solving an LR problem is to write down all of the information given in a box, table or diagram e.g. if the problem involves seating arrangements at a round table, always draw the table first and then try various permutations and combinations of people seated around it. Once you have drawn the figure for the problem, you are free to think with an uncluttered mind. LR problems usually contain several statements which serve as clues to solving the problem. Thus, the problem should always be attempted in a methodical fashion, and solved step-by-step, because trying to look at all the information at once will confuse even the best of us.

LR problems are usually 'all-or-nothing' type, in the sense that if you crack the problem you will have answers to all the questions that follow, and if you don't you will not be able to answer even a single question. This is because if the logic to the problem is apparent to you, the questions that follow are trivial.Hence, proper selection of problems to tackle is even more crucial here than in DI. Often, students fail to solve a problem after investing 10-15 minutes on it. Since the information they have at the end of that time is not much more than that at the beginning, they cannot answer even a single question in the set and have nothing to show for their effort. Problem-selection is tricky, so if you find that you are unable to make headway after the first 5 minutes, do the smart thing and switch to another set or section. You can always come back later if you have the time.

LR requires the maximum amount of practice among all areas in the DI/LR section. Apart from picking apart problems in your CAT preparation material,try looking for puzzle books or newspaper leisure sections that contain logic puzzles. Puzzle-solving is a knack, and the more you start enjoying logic puzzles, the better you will get at them.

3. Data Sufficiency: This is the third portion of the section, and quite a feW DS questions were asked in the last Cat  Papers. Data Sufficiency problems usually take the form of a logical puzzle, and are in the form of a question followed by two statements. You need to answer whether you can solve the problem using the statements individually, or using both, or whether you cannot solve the problem using the information provided. The key to answering such problems is to pretend like one statement does not exist, try solving the problem, and then pretend like the other statement does not exist and try solving the problem again. These problems are generally tricky, and I would recommend lots of practice and perhaps solving them near the end of your section, after you have solved the other problems.

The DI/LR section is one of the higher scoring sections on the CAT, so you can look to it for help in improving your overall score as well, as long as you devote a good proportion of your time to it. Although recent CATs have had 4-5 question sets, be prepared for 1-2 question sets as well. DS questions have never appeared in sets. Important things to remember while attempting this section are that you need be quick in switching sets if you find a particular set tough, and you need to have presence of mind while solving DI/LR questions.Both of these things can be achieved with the help of practice.

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The Why What and How of XAT

Xavier's Labour Relations Institute Jamshedpur (XLRI) comes under India's most prestigious Management Institutes, in the league of the IIM's. It is famous for its MBA in Personnel Management and Industrial Relations.

Xavier Admission Test (XAT) is conducted by XLRI, and is accepted by more than 50 institutes. XLRI itself has 240 seats for its Business Management and PMIR course combined. It is famous for its excellent placement and brand value in coprorate India. (Given that majority of the top Human Resource personnel are XLRI graduates) The PMIR (Personnel Management and Industrial Relations) course is considered as among the finest Human Resource Management course in the country closely followed by TISS.

Apart from XLRI, XAT scores are also valid for Xaviers Institute of Management Bhubaneswar (XIMB), Goa Institute of Management (GIM), Xaviers Institute of Management and Entrepreneurship (XIME) Xaviers Institute of Social Sciences (XISS) and SP Jain Institute of Management and Research (SPJIMR). XLRI remains the most preferred institute followed by SPJIMR,XIMB and GIM respectively. A score of above 96 percentile and clearance of sectional cut-off is required to receive a group interview call from XLRI.SPJIMR gives profile based calls while XIMB and GIM have cutoffs in the range of 92-97 percentile.

Registration for XAT starts in the first week of September and goes on till November end. The exam is held during the first week of January. The registration charges are Rs.900 for the exam, and an additional Rs.1000 for each institute you wish to apply to.

The pattern-The exam is more about making the right choices. Some questions are meant to be left and so you just have to pick out the ones giving the maximum returns at minimum time cost (management at its best). The paper is usually at par or more difficult than Cat Papers. Negative marking adds to the complications of the exam, with negatives increasing with the increasing incorrect answers. The portion for XAT also requires a candidate to prepare for Integration, Derivatives, and Probability in quant. The DI is usually made of logical reasoning and often tricky questions which need to be attempted with a lot of patience. Unlike CAT, XAT has 5 options which make the process of elimination tougher. XAT is not an examination of speed but of selection and being level headed.

It includes-

• 24 questions of Analytical reasoning and decision making which are very tricky and need to be practiced for as the portion of quant is drastically different from other competitive exams.

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The Why What and How of IIFT Entrance Test

IIFT is one of the most sought after institutes for MBA in India. Not only because of the quality of education it provides but also because of the relatively low price it provides at. IIFT has a campus in Delhi, Kolkata and Dar-es-Salaam (Tanzania). The institute is very popular in Northern and Eastern India and don't be surprised if the layman confuses it with "Fashion Technology" rather than "Foreign Trade".

The entrance exam is very competitive with respect to the seats offered (300). The campus boasts of excellent placement record, campus and hostel facilities. Registrations start in June and go on till 1st week of September. The cost of the forms has been rising swiftly over the years and is currently at Rs.1500. The exam is held in the last week of November usually.

The paper of IIFT is considered as one of the toughest to crack. It is a 100 mark paper with 120-150 questions with an unusual marking scheme. It has 1/3rd negative marking for wrong answers. In the Quant section, the paper is biased towards algebraic questions, whi6ch may be easy for engineering graduates but not for commerce graduates. It also has G.K. questions, R.C,Verbal, Quantitative aptitude, Logical Reasoning and D.I. All these sections come under the difficult range. Concepts need to be strong to be able to have any chance at cracking thisCat  Papers. Refrain from marking answers you are not sure of. IIFT till about 5-6 years ago was considered a paper of medium difficulty however since 2006 the IIFT paper is known for its unusual paper patterns with varying level of difficulty.

The key for the candidate is to be flexible in terms of strategy and decide his/her approach accordingly. The candidate is advised not to panic if the paper is tricky and concentrate on selective answering than answering on a random basis. IIFT will be among the first competitive exam a candidate appears for after CAT and as such (assuming he/she has prepared well for CAT) should be prepared for the paper. The syllabus more or less remains the same without any major change. In general more than 50,000 candidates appear for the 300 seats in all IIFT campuses combined. Cut off for IIFT is at about 35 marks (out of 100)for open category students. Sectional cut off was around 9 for quant, 10 for D.I/Logic, 12 for verbal and 4 for G.K. GD-PI is taken in the traditional form where GD's were conducted by 10 people per group and 3 panel members grilling you in the PI.

Although IIFT claims to offer a degree in international business the curriculum and placements is largely similar to other business schools in India. The increase in batch intake (due to the Kolkata campus) has seen an increased competition among students for placements. Finance is the top choice of specialization (largely due to investment banks and financial institutions visiting the campus and offering attractive pay packages) followed by Marketing and International business (mainly export houses and trading companies).

IIFT Delhi remains the top choice for candidates followed by IIFT Kolkata (Gitam Institute of Foreign Trade also accepts IIFT scores but is largely unknown to candidates). There is not a huge gulf in placements between IIFT Delhi and Kolkata as the placements are combined. The placement process is centralized in the Delhi campus. If you are looking at only top institutes, then this has to be on your list. But if you are not so confident about your abilities then registering yourself for this maybe a waste of time and money, and so you rather spend it on a college you are more confident of getting into.

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The Why What and How of MICAT


Mudra Institute of Communications, Ahmedabad (MICA) is an unique B-school which brands itself as a C-school. There is a misconception among students that MICA is a advertising school. This is far from truth as majority of the students get placed in variety of industry verticals like FMCG, automobile among others. Situated in Sheela village in the outskirts of Ahmedabad the institute is famous for its "interesting" student life.

Till about 2 years back MICA would accept Cat  Papers and XAT scores for their preliminary shortlisting criteria followed by a small test called MICAT and group discussion and personal interview. However the institute has now initiated the Mudra Institute of Communications Ahmedabad Admission Test and done away with CAT for its shortlisting criteria. MICAT is an All India entrance exam conducted by MICA for their Post graduate program offering 180 seats.

The MICAT is the most unpredictable exam of all the MBA entrances. It varies in difficulty from year to year but is generally solve-able (except 2010, where the difficulty level was almost XAT level). The content includes a little bit of everything, including matching alternative words, D.I, logic, Quantitative technique, Visual reasoning, Psychometric test, Essay, word puzzles, G.K and I don't think they plan on stopping there. The good thing (or bad thing for some) is that it is still a paper pencil test. Given the test is more or less like CAT, XAT or any other entrance exam one can question the logic of having another sole entrance exam meant only for one institute.

It is a three hour (180 minutes) test (two and a half hour paper + half hour Psychometric) and given the usual length of the paper even that doesn't seem to be enough to finish the paper with complete satisfaction. It is usually held during last week of February or first week of March.

Registrations and issue of forms start from first week of September usually and go on till January third week. Cost is Rs 1750 for the exam. Given that it is applicable to only one institute the cost of application to MICA is among one of the highest among Business schools in India.

Cut off for MICA is never disclosed, but around 1000 calls are given out of the 10,000 applicants appearing for the exam. A 10% call to test taker ratio is considered as among the highest in test takers in India. The best strategy for MICA would be (assuming you have prepared well) to attempt as many questions, Psychometric should be attempted with all honesty however ensure there is consistency in answer pattern; story should be decent enough

without being too whacky or very cliched. Not much is known about the negative marking but if you have not attempted enough, it would be advisable to do the "random marking" (given you have the risk taking appetite).

GD-PI sessions are stressful and have a more traditional approach in comparison to the MICAT. The interview panel will involve testing your communication skills hence one needs to be prepared for the same. Only if you are sure that communications and marketing management is your area of interest apply to MICA. A lot of advertising companies visit the campus (keep in mind advertising is one of the lowest paid verticals in India) with roles of client servicing and Business Development on offer (Creative profiles are not offered to PGDBM student you might want to pursue the rather expensive creative crafting course from MICA for the same). The MICA course is like a generic marketing course in any business school however with very limited general management (As subjects like Finance, Human Resources,Operations are limited in the syllabus) exposure. MICA is one of the good Business schools in India however the high fees maybe a deterrent for some candidates.

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The Why What and How of NMAT

NMIMS is known for its Core MBA program (the institute offers a gamut of other MBA programs too) with a good Placement record. Though the institute boasts of prominent alumni (like the ex CEO of IPL Sundara Raman among others) the alumni network is poor due to lackadaisical attitude of the management. The campus (or the lack of it) is one major issue students have a problem with at NMIMS. Infrastructure standards are well maintained.

Narsee Monjee Management Aptitude Test (NMAT) is an all India entrance exam conducted by NMIMS for their MBA program consisting of 300 seats under the MBA programme, 30 seats under the MBA (Banking), 30 seats under MBA (Capital market),30 seats under MBA (Actuarial Science), and 60 seats under MBA (Pharmaceutical Management), including management quota seats (There is an official management quota and a shortlist is declared for the same).

NMAT has undergone a drastic change as it has moved from a pen and paper test to an online model. It is beneficial as it reduces certain human errors and malpractice. However some technology constraints have been noticed (In 2009 NMAT was a better conducted test than CAT) NMIMS has revamped their testing process as well, wherein every student can now take a maximum of 3 attempts, the time period being October 1st to December 31st of the year.

Taking the best score of the three for GD-PI selection. The Registration can be done online for a cost of Rs.1600 (but knowing NMIMS it may increase drastically this year) and every subsequent re-take is for Rs.1600. Re scheduling charges are Rs.800. The registrations start from 1st week of September usually.

The Paper and its Pattern- It consists of 120 questions, 48 of Quantitative techniques and Data Interpretation (D.I.), 40 of logical reasoning and 32 verbal reasoning, to be completed within Two hours. It does not have any Negative Marking and thus there is no harm in marking all the un-answered questions, preferably all with either one of A,B, C, D or E for all and not randomly marking. The marks per question vary, but the overall marks for the paper is 360.

The marking scheme is supposedly scaled and so you expect to get less than what you expected or if you're lucky, maybe even more than what you expected. The Quant varies from the Easy to Moderate Difficulty range with more focus on Arithmetic based sums. D.I case lets are also do- able although some may be calculation based and thus time consuming. Logic is tricky in some cases and also time consuming but is solve-able and easy as compared to other entrance exams. Verbal reasoning too comes in the easy category and a person can expect to score a full 32 correct answers. Reading comprehension questions can be answered directly from the passage and do not require a lot of your own thinking (no inference based or application based questions)

Cut off for the year 2010-11 was 210 overall, along with sectional cut offs of 78 for quant, 65 for logic and 55 for verbal.

The Best Strategy to attempt the Cat  Papers would be to firstly attempt all the easy questions (or rather leave out the difficult ones) and also attempt the questions with higher marks. After that has been done you may answer the difficult ones or the ones you don't know by elimination method (strike out options one by one using whatever knowledge you have on the question). Then finally in the 5-10 minutes left you can have the random marking (or the popularly known "tukka").

GD-PI calls were given to around 2800 applicants and went on for almost 2 months.GD's were the traditional 10 people per GD with topics relating to current affairs and also certain abstract topics were given. Regular reading and GD practice sessions should prepare you for that. PI's were conducted by 3 panel members. Undergoing preparation in coaching classes or among focus group of friends would be ideal for preparation. One has to pay approximately INR 1,000 over and above the cost of application to appear for the GD-PI. This makes NMIMS as one of the costliest B- schools to apply for in the country.

Student life is restricted to the library and classroom as there is no campus to speak about. The institute enjoys the fruits of being located in Mumbai and hence has good summer and final placements. The industry interaction is one of the best in the country.

Overall verdict - NMAT is an important exam in the MBA entrance calendar. With its flagship core MBA program NMIMS is one of the leading management institutes in India. It should be attempted with all seriousness and would require a considerable tweak in strategy when compared to CAT

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The Why How and What of SNAP

Symbiosis National Aptitude Test or snap is conducted in the month of December usually mid-December (15th to 22nd December of every year) for entry in all institutes affiliated to Symbiosis International University (SIU)

snap is a 180 marks exam with 4 sections. Every correct answer is worth 1 mark (There might be questions of higher weight-age too) and every incorrect answer has a negative scoring of 25% of the weight-age of the question. The test is of two hours (120 minutes). Its a multiple choice test and is conducted in English language.

If one analyzes SNAP over a period of time its a test of speed (even accuracy is important) and strategy. An Accuracy rate of close to 70 to 75% (given a sizable number of attempts) should be adequate for a candidate to clear the cut-off of the coveted schools like Symbiosis Institute of Business Management (SIBM) and Symbiosis Center of Management and Human Resource Development (SCMHRD).

The strategy for snapshould be little different from CAT. In CAT with a low attempt count and a high accuracy rate one can clear the cutoffs however it is not possible in SNAP. Below are some of the tips to optimize your SNAP score:

1.Always attempt the 2 mark questions and ensure you end up attempting majority if not all of them. Traditionally SNAP has 20 questions of 2 marks each with total of 140 questions. Assuming of have a 60% accuracy rate with 2 markers you will end up scoring 18 marks which will be a good score to clear the sectional cutoff required for SIBM (Kindly note in SNAP 2010, SIBM and SCMHRD did not have sectional cutoff)

2.General Knowledge can be the make or break section. Scoring well in General Knowledge always help. These questions will take the minimum amount of time to answer so 40 questions can be answered in less than 25 minutes. The general knowledge questions are not very difficult and if one goes through the GK booklet of TIME, Career Launcher and IMS diligently he is bound to clear the cut-off. (Many SNAP aspirants though find it the toughest section)

3.Try attempting over 100 questions (worth atleast 120 marks) with atleast 70% accuracy. The SNAP cutoff (depending on the level of difficulty of the paper) usually lies between 75-90. Even with 80% accuracy atleast 90 questions are required to be attempted.

4.In SNAP like CAT you have to clear all the sectional and over all cutoff to get a GD/PI call from SIBM (Kindly note in SNAP 2010, SIBM and SCMHRD did not have sectional cutoff) hence it is essential you aim for achieving a minimum score of 18+ in all sections. The cutoff for GK will usually be lower.

5.SNAP score has a heavy weight age in both SIBM and SCMHRD (thought they give profile based calls) hence a SNAP score which is well above the cutoff is required to maximize your chances of entry into these B-schools.

6.Freshers who want an admit in SCMHRD it is advised to get a high SNAP score.Though its not guarantee but it will surely increase your chances of getting a GD/PI call. (SCMHRD usually gives profile based calls which takes your work experience and previous academics into consideration)

In order to prepare for SNAP always ensure that you give 2-3 Mock SNAPS before the actual paper (especially if you are attempting the paper for the first time) as it is completely different from CAT and XAT. Majority of the coaching classes do conduct their MOCK SNAP tests (However many of them just repeat previous years paper questions)

SNAP is a good backup for CATIIM 2011 and XAT. Hence must be attempted with extreme sincerity. Some of the good institutes under SNAP are:

SIBM: The highest ranked Symbiosis institute (There is a huge conflict with SCMHRD in this regards) is a good investment for MBA. The Marketing placements in SIBM are one of the best in India. However the institute limits the number of students who can specialize in Finance. SIBM conducts Group Discussion/Group Tasks and Personal Interview and gives a combined score for admission. The group tasks involve different team and case based tasks. The admission process has huge involvement of students and they are very helpful in providing information about the institute.

The institute also assigns a buddy to every student who gets a call. During interviews a male student has to wear a suit and tie and Saree for a female student. SIBM comes out with its final admission list before the IIM's hence there is trend of the toppers to join SIBM as a backup only to withdraw later. The admission waitlist goes up to 5th to 6th list. The institute has in recent years shifted to Lavale campus near Pune from the cramped campus in Senapati Bapat Marg

SCMHRD: First of all let me clarify it is a Business Management school and not a HR specialization school as many students are confused by its name. The institute is famous for its HR and Marketing placements. It is a relatively new business school approximately 2 decades old however has climbed leaps and bounds. There is high ratio of women to men in SCMHRD (one of the highest in India at par with TISS and MICA). The institute however has strict restrictions in terms of attendance and formals to be worn during lectures.

It shares its campus with Symbiosis Institute of International Business (SIIB) and Symbiosis Center of Information Technology (SCIT).The institute has mandatory meditation session for students. Neev the annual fest of SCMHRD is one of the best inter collegiate MBA festivals. The institute is always involved in a tug of war with SIBM to claim to the number 1 Symbiosis institute.

SCMHRD issues profile based calls which frankly remains a big mystery to every student. However the institute takes into previous academics (standard 10th, standard 12th and Graduation into account) along with work experience. Every year you will find aggrieved students who have higher marks than their peers yet do not get a call from SCMHRD. The institute calls a huge number of students for GD/PI. GD is an elimination process at SCMHRD hence a student is advised to prepare well for the GD.

The overall cost of applying for SNAP and then individually applying for each Symbiosis institute is high however a small price to pay for a coveted MBA degree in India. SNAP is one of the most prominent MBA exams in India and every sincere candidate must be attempting the examination.


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