IIM-B revelation dissected

A top secret, highly classified document has just been released. Not by the CIA, but IIM Bangalore. The cloaked in mystery, super secret selection procedure to one of the most elite management institutes in the country is now a matter of public record. A 5 page document outlining exactly how IIM B admits candidates into its flagship 2 year PGP program is now available on the institute website.All those of you giving CAT this year will no doubt be excited by the contents of the release. Like the CAT RC section, it's a bit of a daze to read so let me sum up what it says:
PHASE 1
a) Stage 1 shortlist: This is prepared solely on the basis of performance in CAT. You need to achieve certain minimum cut offs in each section. Of course these cut offs vary from year to year, depending on how test takers have performed as a whole.No big surprise here, we've kind of known this.
b) Stage 2 shortlist: Here is the real bombshell.For all candidates in the first shortlist as stated in Table 1, the weighted total of the five components namely (a) work experience or professional course, (b) CAT, (c) 10th board, (d) 12th board, (e) bachelor’s as stated above was used to prepare a pre-GDPI rank list for calling candidates for the GDPI.
This means having a high CAT score is not enough to get an interview call to IIM B. Your past academic performance matters a hell of a lot.
How much? Well, the weightage is as follows:
CAT = 20
10th board=15
12th board=10
Bachelors= 15.
(If you have not completed Bachelor's your marks in undergrad years will be considered instead).
Weightage for work experience and/ or professional course was assigned as 10. Interestingly, CA is the ONLY professional course eligible for weight under the criteria 'professional course'.
And the formula for work ex gives the highest score to candidates with an experience of 36 months duration.
Thus the profile of the candidate most likely to get a call from IIM B is as follows:
* High CAT score, cleared all sectional cut offs
* Consistent academic performance across 10th, 12th and graduation.
* 1-3 years work experience.
* A CA with good CAT scores and impressive academic record could have a small advantage.

PHASE 2
For each of the three elements of evaluation during the GDPI process – Group Discussion, Group Discussion Summary, Personal Interview - the average of the scores given by the two interviewing faculty was considered.
Weights as follows:
GD score - 7.5
G D summary - 7.5
Personal Interview - 20

Frankly, I never knew 'G D Summary' was important! During the interview 'work experience quality' is evaluated on a 5 point scale (0 – 0.5 – 1 – 1.5 – 2) by each member of the panel. The average quality of work experience score was multiplied by the pre-GDPI work experience score and accordingly revised in Phase 2.The Group Discussion score, Group Discussion Summary score, Personal Interview score, after standardization within interview panels, were added to the pre-GDPI total (with revisions in Work Ex Score, if any) to arrive at the final aggregate score.And that is the basis of the final ranks. The 'total' scores were out of 105.

My observations:
The subject of deepest debate is- the amount of importance it gives to 'consistent and high performance in past academics'. This makes your class 10 boards one of the most crucial milestones in life!
The coaching class guys will have a lot of explaining to do. No matter how well you do in the present ie in clearing CAT, your past can and will will drag you down!
In the final analysis I would say IIMs are designed to attract well rounded geeks. But emphasis on the geek aspect is higher, the well rounded bit a happy coincidence.
There are a lot of 'been a topper throughout my life' on these campuses. The exam and subsequent process is designed to admit this profile.The IIMs and the CAT were always considered to be the best filter that separates out the true gems from the book worms. The emphasis was always on the aptitude and the presence of mind of the student rather than the amount of hours he’s put in throughout his school and college life. On one hand we are talking of providing the ‘real’ education and not just bookish learning. And on the other we are motivating students to become bigger book worms.
I may be sounding a bit critical of the toppers. But it’s actually a voice for the underperformers who just do not know the art of scoring in exam papers like all the toppers do but have nonetheless the same or may be more mettle to be in the IIMs.
And on a more philosophical note, I wonder when we will be freed of past patterns of thinking. Yes, the past can predict the future but it can also constrain it. The 'yesterday predicts tomorrow' line of thinking discounts the power of the human spirit to achieve and overcome, to rise to new challenges.

Regardless of what IIM B might say, you gotta shed the baggage of the past, live in the present and dream for the future!