Executive MBA Student Experience: IIM C PGPEX teaches business theories combined with case studies, says Digvijay Singh
Digvijay Singh, the 30 year old dentist with an entrepreneurial zeal decided to pursue Executive management degree when he realized that despite gaining confidence, he lacks the competence and formal knowledge in areas like Finance and Operations Strategy. He also aims to raise the seed fund for his 3 ventures by working in a company for 8 to 10 years after completing the programme.
Singh chose IIM Calcutta’s 1 year Post Graduate Programme for Executives owing to its small batch size enabling personal attention from faculty members and the international exposure it offers. In this interview with Careers360 on special series of ‘Executive MBA Student Experience’, Digvijay Singh shares glimpses from his life at the IIM Calcutta campus, expectations from the programme and the factors to assess before deciding to go for Executive MBA.
Read the interview of Digvijay Singh, PGPEX student of IIM Calcutta below.
Careers360: Briefly share the role you were playing in your erstwhile organisation prior to joining PGPEX at IIM Calcutta.
Digvijay Singh: I am an Entrepreneur and I was playing role of a Proprietor of 3 business ventures, namely Rainbow Diagnostic Centre & Polyclinic, Orocare Multispecialty Dental Clinic and Orbit Advertising & Marketing Company.
I established my venture right after completing BDS from Manipal University in 2009 to provide affordable medical diagnostic facilities to the middle class and lower-middle class segment. In 2011, Rainbow came into Health-insurance business and by the end of 2011 Rainbow was on the Panel of 8 Health-insurance companies. In 2013 I started my second venture, Orocare Multispecialty Dental Clinic where I have appointed 7 Dentists from Different specialties. In 2014 I came out of my comfort zone and established my most ambitious venture till date: “Orbit Advertising & Marketing Company”, as I dabbled outside my comfort zone of medical services. Orbit deals in an advertising concept which is still in its infancy, wherein ads are placed on cars and the buyer is supposed to drive 1200km every month, in return we pay the monthly EMI of the car for the buyer.
Careers360: You have established yourself as an entrepreneur by running 3 ventures. What are the factors which led you to pursue Executive MBA?
Digvijay Singh: While my successful ventures so far have given me confidence to go ahead and set up an Industry based on one of my ideas, I know that confidence alone is not sufficient; competence is required as well. Currently, there are some key competencies missing in my skillset, to execute a venture of this scale. Preparing intricate business plan, assessing financial viability of the project, project financing options, and operations strategy are some of the key aspects about which, I don’t have any formal knowledge. Executive MBA will help me imbibe this skillset.
And coming to the financial aspect, all of my existing ventures are in self-sustaining stage and are being easily managed by my family members by investing minimum effort. So, I can afford to move away and get into a good job. I have given myself 8-10 years, in which I want to work for a company with full commitment, collect a handsome amount that I can use as seed-money to start my Industry. Till date I have seen and done things from the perspective of a Proprietor of small firms. Executive MBA will provide me an opportunity to work for a company with wide geographical and demographic presence and broaden my thought perspective for analyzing and solving the problems at that level.
Careers360: Which B-schools did you apply for pursuing Executive MBA and why did you select IIM Calcutta?
Digvijay Singh: I applied to ISB, IIM Ahmedabad, IIM Bangalore, IIM Calcutta and Rotman (Canada). I got selected in ISB, IIM-C and Rotman.
I chose IIM-C over ISB because in IIM-C I got an opportunity to share classroom with people who have higher average work-experience, at par with my experience. IIM-C has far less batch-strength compared to ISB, so professors here can give personal attention.
I chose IIM-C over Rotman, because I wanted to stay in India. In IIM-C, I would complete the course in 1 year whereas in Rotman I would have to invest 2 years for doing the same course.
Careers360: Please share in detail the application and final selection procedure at your B-School.
Digvijay Singh: The application and final selection procedure at IIM-C is like driving a Porsche on a race-track, with no bumps and speed-breakers. Once you are done with your GMAT, and you feel you have a competent score, you start filling the application form. The application form is very rational. The applicant is supposed to write 3 essays. The essay questions are very logical and compel you to introspect. Once the application formalities are completed, you get a mail from PGPEX office about your selection or rejection for the interview. The interview sessions are very interactive and mostly conducted by experienced faculty members only, not by alums as in some other MBA colleges. The interviewers judge a candidate on his/her life experiences, not his/her technical knowledge. If you are selected in the Interview you get a coveted mail from IIM-C PGPEX office, congratulating you on your selection.
Careers360: The programme at your B-School is one of the most expensive programmes with Rs. 22 lakh fee. How have you financed the course?
Digvijay Singh: I have taken Education Loan from Punjab National Bank to finance my course.
Careers360: What is a typical day in your life at the campus?
Digvijay Singh: Life in campus starts with getting up at 7am. Then I go for a walk, it’s a heavenly experience. A simple walk is like a Trek in a Wildlife Sanctuary. So many birds are chirping, everywhere there is greenery, the experience is just out of this world. This gives a beautiful start to my day. Then I come back to my room, get ready and leave for breakfast. Bappi Da’s mess provides us with all kind of nutritious breakfast items. After breakfast, I go for class directly. Usually there are four lectures of 1.5 hours each, 2 in morning and 2 in afternoon. After every lecture we get a 15 minutes tea-break, these breaks are the time for bonding with my classmates. After 2 morning lectures, we have a 1hour lunch break. 1hour sounds less to go to mess, have food and return back to classroom again, but now it has become a routine for all of us and we have adapted to it. 2 evening lectures end around 5.45pm. After class, I go back to my room and depending on the pre-reads for next day, I decide my present schedule. Mostly Pre-reads can be completed in 2 to 3 hours, so I get time to sit with friends or play TT, carom and badminton with them. I try to sleep by 12 to 1am. This brings an end to my adventurous and exhausting day.
Careers360: Was it difficult for you to adjust to the student life after a gap of many years? How did you cope with it?
Digvijay Singh: I never had a problem adjusting to the campus life. This is because I am taking this one-year as a vacation from my professional life and return of my college life. I feel lucky to get this opportunity to enjoy my college life once again, or else how many people get this chance of coming back to college at the age of 30!
Careers360: How much industrial and international exposure does your programme provide you?
Digvijay Singh: We do not get much of industrial exposure as the duration of this programme does not provide us leeway for going for industrial internships. We get 2 weeks of International exposure, where we get a chance to visit either Germany or USA and attend classes in one of the partnered universities.
Careers360: What are the differences in teaching method applied by guest lectures delivered by academicians and industry practitioners? Please share the best elements from both.
Digvijay Singh: The guest lectures delivered by industry practitioners are Practical. Their lectures revolve around real-world problems and future opportunities in various aspects of business world. But, guest-lectures taken by industry practitioners can only be beneficial when they are taken in tandem with academician’s lectures, because until and unless we know the theory and technicalities of business world we cannot grasp the gist of industry expert’s lectures.
Careers360: How much is the rigour at the programme in comparison to the 2 year regular MBA?
Digvijay Singh: Rigour is inversely proportional to time, at-least in our case. 1 year PGPEX programme is like a bullet train with no halts in between. So, in comparison to 2 year MBA, this program demands double effort and offers no respite in between.
Careers360: According to you, what is the best aspect of your programme and campus?
Digvijay Singh: The best aspect of PGPEX programme is its curriculum and its practical approach which involves Case studies. The curriculum covers all facets of biz world and combined with real-life case studies, gives us an opportunity to apply that theoretical knowledge practically. The best aspect of Campus is its lush-green serene environment. For a person like me, who comes from Delhi, to live so close to nature is like a dream come true.
Careers360: What are your expectations from the programme? How would you like to implicate the learning after completing the programme?
Digvijay Singh: My expectations from the programme are practical. When I came for this course I knew I have the raw skills to be a good leader or manager, but I needed to polish those skills so that I can fast track my career. PGPEX program will equip me with skillset that can help me accelerate my career and I will reach my destination in a shorter time-period. Things which I learn from the course are the basics of doing business, and I intend to apply them throughout my managerial or entrepreneurial life.
Careers360: What is your advice to the aspirants of Executive MBA?
Digvijay Singh: Executive MBA is for people who are mature and who exactly know what they are looking for in life and from this course. The pace of the course is so fast, that it does not give you time to think in what direction you want to take your life into. So, if a person is unsure before what he/she wants from this course, there is high probability he/she will end up losing a huge amount and a precious year.
Stay tuned to bschool.careers360.com for more news and updates on Executive MBA.
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Questions related to IIM Calcutta
i have scored 77% (8.10 CGPA) in 10th and 54% in 12th and graduation (B.M.S) 75% (7.89 CGPA) and i have 6 months of work ex and category open .how much percentile i have to score to get into iim calcutta or can I get into it? plz answer my question
see iims shortlisted candidates based on academic score, professional experience and the cat score. however it also depends on other factors like number of participants, questions difficulty level, students category, overall the profile of candidates etc. so it is quite difficult to predict whether you would get shortlisted or not. however right now you have to study hard to achieve a excellent score in CAT to make the maximum possibility of shortlisting.
you may follow the below link to know about cat cutoff score of IIM CALCUTTA.
I scored 62 percentage in 12 7.4 cgpa in 10 and 66 percentage in graduation and 99 percentile in cat . can I get admission in iim Calcutta or iim lukhnow
Congratulations on your CAT score.
Let me break it dwon for you:
The selection criteria at IIM Calcutta :
Overall Score of CAT- 28
Class X marks - 10
Class XII marks - 10
Gender Diversity Factor - 2
Total - 50
As per your 10th results, you will get around 6/10
As per your 12th results, you will get around 2/10
As per your graduation, you will get around 2/10 (you have not mentioned your branch or course of study)
You get 2 in diversity if you are female.
IIM calcutta especially prefers experienced candidates. You to have to score quiet high in WAT-Pi to get selected
You will have to perform exceptionally well at Interviews to get selected. There is no other way to get selected.
Hope this helps!
What should I fill in "year of passing" in 12th field in CAT form 2020 if I passed 12th in 2016 and appeared for Improvement in all subjects in 2017 ? Also I have improved my percentage so which marks should I enter? Please Help. Remember I passed all my subjects in 2016.
It is a tricky situation but the answer is simple. You passed the senior secondary exam in the year of 2016 so you should mention 2016 as the year of passing. You are saying that you secured more percentage in improvement, then you can mention the improved grades in the form. But at the time of interviews, you will have to carry both the marksheets . Only The one with the more percentage , shall be considered valid. Which is the improved one in your case.
And lastly, dont worry . This does not affect the admission criteria .As long as you have cracked the entrance exam and proved your caliber for the respective exam, you are pretty much good to go.
Does this IIM issue A MBA or PGP certificate for MBA course?
According to the official website, after successful completion of MBA degree, you will get certificate/degree of masters of business administration. Every/all IIM offers PGP/ masters of administration course.
To know more about courses offered by IIM Calcutta, and to read reviews, click the link below.
Hope you find it helpful.
which is better to choose among NSEC kolkata, ILEAD kolkata, MSIT kolkata, TINT newtown, NIMAS barasat, NSHM kolkata, MAKAUT in-house for non-engeenering specially for bsc data science and cyber security? in terms of placement, education,learnings, high qualified and friendly faculties?
You can either choose NSEC Kolkata & MAKAUT in house for non Engineering Speciallly for b.sc data Science & Cyber security. MAKAUT is an Top university of West Bengal. You can also go for Makaut University. Decision is yours.
Hope this information is helpful for you.