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Preparing For the Admission Interview: Getting it Right the Very First Time!

By : Rashmi Sharma

How would you feel when you receive a call for admission interview from your dream institution? Both ecstatic and nervous right? Well exactly these are the emotions that one must channelize to prepare well for the interview and reflect upon your skills, knowledge, accomplishments, and other significant information. Your nervousness would help you to research well about your own self and the institute; while ecstasy would be reflected in how you respond to each question and show how passionate you are to chase your dream.
The first step is to know yourself, the programme you have applied for and the institute you have applied at. It is always good to reflect on who you are; what are your strengths and weaknesses and how would you make the most out of your education while contributing to the institute, society and nation at large. You must be clear about what you wish to achieve few years from now and how your college education is going to help you academically and professionally. Ensure that your research about the institute, its programmes, social and student driven initiatives are thorough. Visit the websites and follow their social media pages to get a feel of how things function there. During the interview, you can anticipate the very basic question: “Describe yourself/ tell us something about yourself”. While responding to this question, you may say “I am someone who can adapt to any situation. I thrive in a dynamic environment and I transform unexpected obstacles into steppingstones for achievements…”
Or “I am someone who consistently innovates to create value. I find opportunities where other people see none: I turn ideas into projects, and projects into serial success.” You must give examples that substantiate the statements made; mention how you adapted yourself to a changing environment; or how you created a unique project during graduation which no one else was interested in. All in all, you must stay from sounding generic; instead, your response should be something that makes you different from other applicants. The second most common question that you would be asked is: ‘What are your strengths and weakness?” This question is a trap; never say ‘I am cool/fun-loving/happy-go-lucky/ chilled out person” or “I am a very emotional/temperamental/lazy person” Your strengths make you unique and should be something that can be harnessed for the benefit of others. Thus, your strengths may include Willingness to take on responsibilities; Ability to meet deadlines; Determination; Problem Solver; Flexible; Quick Learner; Team Player; Creative; Reliable; Organized; Hard Working etc.
While mentioning your weakness, pick a weakness that you are currently succeeding to overcome or mention a weakness that is indirectly your strength. For example: ‘I used to stress about deadlines but now I allow myself plenty of time before a deadline to make sure I don’t leave everything to the last minute.’ Or “I am a straight-forward person and sometimes people get offended” or “I seek perfection in everything I do and at times people find this habit of mine very irritating”. Likewise, prepare other probable questions. Remember, that if you prepare well these three attributes i.e. Know yourself, Know the Programme and Know the Institute, you can rest assured of getting it right the very first time...Best of luck!! About the Author: Rashmi Sharma is Professor – OB & HR at Delhi School of Business and can be reached at rashmi.sharma@dsb.edu.in

Learn to say NO!!

About the author: Dr. Rashmi Sharma is Professor (OB & HR) at Delhi School of Business, VIPS-TC.

Rashmi_HT_article _assertive_behaviour

Abstract: Many a times we are caught in the dilemma whether to say NO when we really don’t want to say YES to a person who might be a very good friend or our own boss!! To remain stress-free and to maintain high self-esteem, it’s important to learn the art of saying NO and be assertive by nature.

Main article

Human behavior is very complex. No two people react in the same manner in the same situation. However, it is broadly stated that there are three types of behavioral attributes: passive, aggressive and assertive. Let us take a situation where you are waiting for your turn in line at the billing counter in a mall. The clerk is just about to finish with the customer in front of you when a man comes by and edges in. The clerk asks, ` Who’s next?’ and the man says` I am.’

There are three possible behavioral outcomes of this situation:

The first outcome shows a non-assertive/ passive behavior.

The second outcome shows an aggressive behavior.

The second outcome shows an aggressive behavior.

The third outcome shows an assertive behavior.

The reasons behind non-assertive behavior are many; many a times we confuse the goal of being liked with the goal of being respected and in this need for being liked, we sacrifice our own self-respect. This non-assertive behavior begins at childhood when our parents hinder our assertion of self by censoring us when we speak for our rights. Religion fosters the idea of humility and sacrifice rather than standing up for self. Even as employees, we learn at the start of our career that if we speak, we are not likely to receive a raise or promotion.

Being assertive and speaking straight doesn’t mean being rude or aggressive. Aggressiveness is a behavior that includes hostile words and actions. On the other side, is passiveness, which is self-denying and restrained inhibited action. These two behavior types are at extreme ends and we must strike the right balance by practicing "assertiveness."

Assertiveness is a behavior to speak and act, where people are able to express their opinions in their own best interest and stand up for themselves honestly without undue anxiety and feelings of guilt. Assertive persons will ask others for what they want or need and never demand. They consider the needs of others and respect the others’ rights.

Assertiveness involves the following:

Suppose at the time when you have lots of work to do, your friend/ colleague requests you to help him complete his project. In such a situation, you can politely decline by saying a firm` I wish I could, but I am yet to complete my own work’. This will save you from sulking, fretting, and getting stressed out. You don’t have to apologize unnecessarily for things you are not responsible for, like in the case just mentioned. However, if it is your responsibility, there's nothing wrong with apologizing when something goes wrong. Negative remarks such as `I lack the experience so I make stupid mistakes should be replaced with "I've made a mistake, I won't make that one again, because I've learned from that mistake.”

Assertive behavior fosters creation of goodwill and enhances self-esteem. As they say that behaviors do not exist in isolation, but interact with each other, forming patterns which we call the psychological organization. To achieve the state of the complete individual, we must realize that if we change one behavior, we change a whole series of related behaviors. Being assertive by nature will help you acquire new skills and change your actions, and by changing your feelings you are changing the entire pattern of your psychological organization.

First Year Student - Palak Dilori_Batch_20-22

For me, Delhi School Of Business is a platform which helped me grow into a “better version of myself.”

By saying this, I don’t just mean it helped me grow in terms of my academics but also in my overall development. With some of the finest teachers and fellow mates, I was able to grow personally and academically. I really enjoy the Guest-Lectures arranged for us because they provided me with some deep insights which were really beneficial for me. Along with all this, there are so many clubs and societies which adds as a bonus to my knowledge and creativity and helps me to organize and be a part of some amazing and brainstorming activities. Though everything is virtual but the way our faculty teaches us I never felt that I am lacking in something. The amount of support and knowledge provided by the teachers is so immense and can’t be described in words. I will always be grateful to DSB and all the teachers who believed in me when I didn’t believe in myself.

‘Technical Analysis’, Efficient Markets, Random Walks & Trends_MAR21

‘Technical Analysis’ is a forecasting paradigm, which makes use of historical price and volume data (including price pattern analysis), to make predictions about the future direction of asset prices. One of the principal assumptions in Technical Analysis (“TA”), is that the markets being analyzed are ‘informationally efficient’. Informational Efficiency is the notion that price-sensitive information is rapidly reflected in market prices. At a broad level, the mainstream academic Finance theory called the Efficient Market Hypothesis (“EMH”), is also grounded in a belief in the Informational Efficiency of the major financial markets. But the similarities between TA & the EMH end there. To be precise, and to use the jargon associated with the EMH - TA assumes that financial markets are ‘semi-strong form efficient’, but that they are not ‘weak-form efficient’. This can be stated in simpler terms as - in Technical Analysis we believe that “all price-sensitive information that is of a ‘Fundamental’ (i.e. economic, financial or political) nature, is almost instantaneously reflected in market prices” - but that “all price-sensitive information that is of a ‘Technical’ (i.e. historical market prices, volumes etc) nature, is NOT instantaneously reflected in market prices”. This configuration of beliefs flies in the face of the EMH, whose proponents believe that “all price-sensitive information, whether of a ‘Fundamental’ or a ‘Technical’ nature, is almost instantaneously reflected in market prices”. Another major assumption in TA, is that asset prices tend to move in trends - whether going up or down. This too is in conflict with the classical form of the EMH, which does not envision any deterministic asset-price trends. But based on the empirical evidence displayed in asset price charts, the presence of very pronounced up and down price-trends is easily visible even to the untrained eye. So what is it that the EMH overlooks? The extremely powerful role of sentiment, in affecting the directional movement of asset prices, is not accounted for by the EMH. The markets are driven by strong cyclical swings in sentiment, which seem largely responsible for the creation of price trends. It is undoubtedly true that in an efficient market, only unanticipated news can affect prices. The problem with the EMH is that to this truism, it adds the assumption that news arrives in a random manner - and hence, the EMH concludes, price movements in reaction to such news, must be random. There are two problems with this kind of reasoning. The major problem is that it overlooks the implications of the presence of sentiment cycles in the market. These cycles are of various degrees. Any such sentiment wave, or market theme, can be defined in two dimensions. A ‘time span’ in which the theme is operative and a ‘strength level’ which at any point of time, determines the extent of its impact on prices. These ‘moods’ that pervade the market, strongly affect the reaction of asset prices, to the incoming news flow. The consequence is that, even if news arrives randomly and successive news items are not mutually reinforcing in terms of their implication for the direction of prices - news which may logically lead prices in the direction implied by the dominant sentiment cycle, has significantly more price-impact, than news which is discordant with current sentiment. It is easy to see how this leads to the development and persistence of price trends. This argument obviously does not apply to trend reversals precipitated by the arrival of unanticipated news. The other problem with the EMH is that, in the medium to long term, successive news items may well be mutually reinforcing in terms of their implication for the direction of asset-prices. Economic variables themselves display trends, in tune with the ups and downs of the business cycle. Such trends, when in harmony with the dominant sentiment cycle, can create powerful trends in prices. However, since the market tends to discount fundamental news far ahead of its occurrence (hence the market mantra - “buy the rumour, sell the fact”), this second problem is probably a much less serious source of error in the EMH, than is the first.

Life at DSB : First Year Student _Isha Nijhawan_Batch_20-22

Choosing a college for MBA was a tough choice for me as a student, but yes I’ve successfully made a right choice going ahead with DSB. The curriculum at DSB is interesting and the practical approach towards learning contributes to one’s journey to corporates. The focus of DSB is at imparting knowledge through cases, presentations, reports and live sessions from industry experts to make their students learn and develop decision making ability and become acquainted with the real corporate scenario. The faculty at DSB have always been motivating us even when we haven’t seen each other and remained in contact online. Teachers have also encouraged us to take an initiative in moving out of our comfort zone and achieve something big. The first-year journey with DSB has been excellent, it has instilled more confidence in me to present myself as a better human being. I have experienced a different version of myself, becoming more professional and clearer in tasks that I take. I have developed a different outlook towards the problems that I face and my approach to finding the best solution is completely transformed. DSB has also helped in improving my soft skills that are essential for an efficient manager. DSB provided me an opportunity to showcase my leadership and team management skills through working on various projects together with my peers. Also, effectively leading various societies of DSB as their coordinators and joint coordinators. The ambience of the campus and the top-class faculty of DSB gave me a very fresh feeling every day and the admission interview thereafter made me realise how tough the course would be and what level of grilling I could expect from the institute for the next two years. I can proudly say that DSB thoroughly prepared me to put in long hours.”. Big Thanks to the DSB team.