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Grateful to have NOT joined IIM's Executive MBA

Was selected in this year's one of top 3 IIM's Executive MBA. Ended up joining another college instead, one of the reasons behind the gratefulness is the immaturity of the IIM Executive MBA batch. The batch created a WhatsApp group, of 400+ people. With so many folks in the group, there will be conflict in opinions and hence disagreements. But out here, it sounds like a bloodbath. There's fights everyday, daily spamming of unnecessary messages, and language that can make any mature professional bow their head in shame. The WhatsApp community consists of ~60 sub groups (based on sub batches and sections, interests, cities, centres within cities, etc). The discussions in the groups always starts out quite positively, but often ends with meaningful conversations turning into spam, and eventually someone offending someone, for good or bad measure. What follows the is an entirely different ball game of bitching in yet another WhatsApp group, created purely for banter, called "Bakchodi" (duh). There once was a full-blown 500+ messages spam discussion on the pros and cons of the student email domain - .edu vs ac.in. Another time, similar amount of spam was done to collectively decide which tagline to use in LinkedIn for the batch (permutation and combination of IIM-X, batch number, year, etc). Mind you, this was before the course started. In another instance - during the week long orientation, the seniors apparently behaved very badly with the current batch, and (wrongfully) removed one person from the collective networking group because they got offended. End of the day, I was extremely disappointed by the behavior of the people. While I do agree that the ones responsible for the behavior is a minority, I expected more maturity from folks who are working professionals with a minimum of 3+ YoE. I can only hope that the ones who are taking the course seriously do not have an overall bad experience because of the bad apples.

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by DeluluSelulu

Fintech Startup

Pyramid scheme scam

Okay, so this happened to me last year. I was approached by a college alumni (got my number from college alumni group) who told me he had a side business going on which was leading him to earn more money than his corporate job and that he was going to leave the corporate for his “business”. I was initially not interested but he was insistent and also I was looking to explore some options (may be my naïveté) that I asked him more and so he setup a call with his senior to explain more about this “business”. Now this senior gave all sorts of gyaan regarding how to reach financial independence and picking up on the general mindset of how to make more money. They asked to create a list of 10 things that I desired the most at the point of time which could be solved with more money. I complied thinking it was a good exercise (again, I was a big fool). Now I was connected with another senior who gave all sorts of gyaan regarding how I could make more money and lead to financial independence. Please note, during all this time I was constantly asking what the business idea was and how it would be achieved but got no response on the details and only white washing regarding how I should be prepared to do anything to achieve my dreams. Now, it was revealed that I would need to put in 5L as investment to get bigger returns. Since I did not have that money in handy, I was suggested to get a personal loan through their agents. Also not to inform this to parents because they won’t understand this stuff and get “worried”. Luckily I did went with their suggestion and informed my parent about it. Thinking it was a startup idea, I got the investment from my father through an OD in my name. Now we get onto a call two days later, where they reveal the company QNet and makes me purchase 5L of stuff from their website and explained the business model which was to get other people from your knowing to buy products from this company and get commissions on the sale. Continued……