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Time Until PGP Round 1 Deadline

Fast-food store owner/ 4 yrs 9 mnths

Interview Date

20th February, 2016

Work Profile

SCM Software development; I also ran a fast-food store for 20 months
Total Experience: 4 years 9 months

Re-Applicant?

No

Interviewers’ Profile

P1 – from Flipkart

P2 – from Xiaomi

P3 – from Amazon

Your Opinion on the approach of the interviewers and their key focus

The interviewers cross-questioned me on every answer I gave. They were more focussed on my experience of running fast food store. They didn’t question me about my IT role at all.

One word before the interview

Dream

 

Interview Experience:

Qn1: Why MBA and why consulting?

A: Explained about my technical background and analytical skills and why I like solving client specific real world business problems. Also explained how I would get an understanding of different industries and markets through peers in an MBA class. Explained how ELP and case studies would give me hands on experience

Qn2: What was your role in the fast food store you ran?

A: Talked about managing finances, managing inventory, CRM, taking care of employees, interacting with franchisee officials and so on.

Qn3: Provide a competitive analysis for the fast-food store you ran?

A: Listed out some competitors. We analysed the revenue model of each franchisee based store. Also I did a detailed analysis of the revenue model of the store I ran. We discussed details regarding fixed cost and operating costs of the store.

Followup Qn: What are 3 learnings that you could provide a person starting a similar store?

A: Listed out a) Importance of location b) Importance of process c) Importance of customer engagement

Followup Qn: If you were to change the location of your store, how would the revenue of your store change?

A: Analyzed the various components of variable cost that would change on change of location such as electricity cost, gas cost, and salaries of employees and so on.

Followup Qn:  How important is ‘point of sales’ machine in your operations?

A: Explained how “POS” helped in operations. I also explained the different reports it would generate and how they helped.

Qn4: We have a team of 5 working on setting up a fast-food store. We have 2 engineers, a CA, a soldier and fashion designer. If you were to lead this team, what role would you give each of them?

A: The roles would be allotted according to their strengths. CA - find the tax structure; Engineers - Market Analysis; Fashion designer - Design interiors; Soldier - Setting up of the store. I also explained my choices.

Qn 5: What are your hobbies?

A: Answered

Qn 6: Tell us about your family

A: Answered

Qn 7: If not ISB this year. What would you do?

A: I talked about a certification related to Supply chain management and also told that I would try to do freelance consulting.

 

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