1st June, 2011 INDUCTION WEEK TEST 2011-13

Dear Student, Congratulations and welcome to the MDI fraternity! We are proud that youd be a part of this legacy and we greet you with open arms. We hope that the next two years would be an exhilarating journey for you. This is the start of a novel educational experience and a lifelong association with MDI. By choosing to be a part of the MDI tradition, you have not only chosen to step into the hallowed portals of one of Indias premier Bschools but have also opted for an arduous yet gratifying path to the pinnacle of a successful professional career.

At MDI we firmly believe that Management is an equal mix of learning through application and internalizing theoretical frameworks. To be able to cope with the rigours of a premier B-school, an ability to quickly grasp the key points from a plethora of information presented is crucial. An important differentiator is the depth and breadth of business related knowledge and the openness of mind which facilitates extensive learning. An awareness of not only business news but also the key trends in the economy and the industry hold you in good stead while dealing with the challenges that shall come your way in the next two years.

1st June, 2011 INDUCTION WEEK TEST 2011-13

To kick-start your foray into B-school and to enable you to fine-tune your business acumen right at the outset, we plan to conduct a test of basic business aptitude known as Induction Week Test (IWT) on your arrival at MDI. Please find the details enclosed below. We look forward to meeting you at MDI. All the Best!! Best Regards, Student Council, 2011 Utkarsh Vikram Singh, Prashant P, Heads, Academic Council MDI

1st June, 2011 INDUCTION WEEK TEST 2011-13

INSTRUCTIONS
SCHEDULED ON: 1st week of the Academic session (20th -26th June) FORMAT: Multiple choice questions (MCQ) with negative marking GRADING: The grading system outlined below would be adhered to while evaluating the answer scripts A+ A AB+ B B10 9 8 7 6 5 C+ C CD F I 4 3 2 1 Fail Incomplete

ACADEMIC SIGNIFICANCE: Besides evaluating a candidates eligibility for membership to various student driven clubs, events and committees, the test will be used for the academic evaluation of one credit SYLLABUS: Though no specific syllabus can be provided for the induction week test, the topics outlined below should be considered merely indicative of the breadth of subjects and fields covered. The topics also cover current business events and their impact on the economy. These topics are divided into five main themes, each covering a distinct field of study in management FINANCE & ECONOMICS:
1. Basic concepts in economics-demand& supply, elasticity, macroeconomic indicators, inflation, Market forms viz. Monopoly, Oligopoly, Perfect Competition, Monospony etc 2. Basics of financial markets

1st June, 2011 INDUCTION WEEK TEST 2011-13

3. The GST (Goods & Services Tax)-why is it necessary and what are the hurdles in its

implementation 4. Monetary and fiscal policy in India-pre and post liberalization of the Indian economy 5. The stock market in India-genesis, current and past trends, role of the FDIs and FIIs

INFORMATION MANAGEMENT:
6. Cloud Computing 7. Web Analytics and Technologies in Social Media 8. The UID project 9. Open source technologies and their business models 10. Mobile computing and emerging innovations on the mobile platform

MARKETING:
11. Basic concepts in marketing such as the 4Ps,3 Cs, STP (Segmenting, targeting, positioning)

OPERATIONS:
12. What is operations management and the role played by the operations manager in an organization 13. Total quality Management (TQM) 14. Basic understanding of the different functions of operations management-Sourcing& Procurement, Supply chain management, Supplier management

STRATEGIC MANAGEMENT:
15. Strategy frameworks-SWOT,BCG matrix, Porters Five Forces 16. The recent alliance of Nokia and Microsoft 17. The Indian airline industry and its troubles due to unmanaged regulations or ill managed players in the industry 18. The analysis of the Indian Telecom industry-opportunities and challenges