Consultant to Campus: IIM Lucknow Interview

From Consulting to Campus: A Consultant’s Candid IIM Lucknow Interview

Candidate Profile

  • Background: B.Tech from a reputed NIT (specialization withheld for anonymity)
  • Academics:
    • 10th Grade: 95%
    • 12th Grade: 94%
    • Undergraduate: 67%
  • Category: NC-OBC
  • CAT Percentile: 93.00
  • Work Experience: 3+ years in management consulting
  • Interview Date & Location: 23rd January 2022, ITC Hotel, Bengaluru

Interview Panel

  • Panel Composition: 2 panelists (details unspecified)
  • Time: 8:30 a.m.

Written Ability Test (WAT)

📝 Topic: “India is not an emerging economy, but a re-emerging economy” (15 minutes, 300 words)

📌 Tip: Use a structured approach: India’s historical economic prominence → post-colonial recovery → recent economic trends → concluding with global positioning.

Interview Questions & Candidate’s Approach

1️⃣ Work Experience & Industry Knowledge

🔵 Panelist: “How do you handle clients in your role?”

📌 Tip: Emphasize client relationship management, understanding needs, proactive communication, and solution-oriented mindset.

🔵 Panelist: “If I approach your firm as a customer, what services can I avail?”

📌 Tip: List service lines (strategy consulting, operations improvement, digital transformation, etc.) in simple terms, showing awareness of the firm's portfolio.

2️⃣ Quantitative & Analytical Thinking

🔵 Panelist: “Draw graphs for y = x, y = ∛x, differential, integral, exponential. What’s the difference?”

📌 Tip: Even if you can’t draw perfectly, explain key features: slopes, asymptotes, curvature.

🔵 Panelist: “Why is the derivative of e^x equal to e^x?”

📌 Tip: Mention that the rate of change of e^x is proportional to its own value, a unique property of the exponential function.

3️⃣ General Awareness & Economic Knowledge

🔵 Panelist: “Who is the current President of India?”

📌 Tip: Keep updated on constitutional positions and officeholders.

🔵 Panelist: “How is the President of India elected?”

📌 Tip: Explain the electoral college mechanism—comprising elected members of Parliament and State Legislative Assemblies.

🔵 Panelist: “What is inflation vs. deflation?”

📌 Tip: Define inflation as a rise in general price levels; deflation as a decrease. Be ready with a current estimate of inflation.

🔵 Panelist: “What’s the recommended inflation rate?”

📌 Tip: India’s target inflation is around 4% (±2%), under RBI’s monetary policy framework.

🔵 Panelist: “How does a rise in prices impact consumers?”

📌 Tip: Discuss reduced purchasing power, potential shifts in consumption patterns, and impact on savings.

4️⃣ Career Goals & Decision-Making

🔵 Panelist: “Why MBA?”

📌 Tip: Connect consulting experience to aspirations for broader leadership roles, strategic decision-making, or sectoral specialization.

🔵 Panelist: “What’s the opportunity cost of an MBA? How long to recover it?”

📌 Tip: Acknowledge tuition, lost salary; estimate ROI based on average post-MBA salaries and payback time (typically 2–4 years).

5️⃣ Personal Interests & Hometown

🔵 Panelist: “Tell us about your hobbies and hometown.”

📌 Tip: Use this to showcase personality—tie hobbies to soft skills (e.g., discipline from sports, creativity from music). For hometown, mention cultural or economic highlights.

Interview Atmosphere

The interview balanced technical rigor and personal warmth, covering work experience, economics, and general knowledge, without intense grilling.

📌 Tip: When interviews cover diverse areas, adaptability and composure are key—keep answers crisp, logical, and conversational.

Key Takeaways for Aspirants

  • ✅ Expect work-experience-based questions tailored to your industry—be ready to explain your firm’s offerings and your role in layman’s terms.
  • ✅ Even non-math interviews can ask basic graphs and calculus—refresh fundamental concepts.
  • ✅ Stay updated on key constitutional roles, inflation figures, and macroeconomic indicators.
  • ✅ Opportunity cost questions require both numbers and insight—show you’ve thought through ROI practically.
  • ✅ Use “hobbies and hometown” to stand out—prepare 2–3 interesting facts or stories.
📢 Disclaimer: Real Stories, Modified for Privacy
The above interview experience is based on real candidate interactions collected from various sources. To ensure privacy, some details such as location, industry specifics, and numerical figures have been altered. However, the core questions and insights remain authentic. These stories are intended for educational purposes and do not claim to represent official views of any institution. Any resemblance to actual individuals is purely coincidental.
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