Half-time!!!!

A lot has happened in the past two months. The most important thing – I am half done with my MBA! Time does fly by fast around here. I can vividly remember my first day at school, next thing I know, it’s half-time. It’s been an incredible journey, to say the least. But before I get to that part, I want to share a few other things I enjoyed over the past semester.

Preview weekend – It is the first chance to know your classmates and second years; know more about school, about Austin; get questions answered. I enjoyed representing Indian Graduate Business Association and meeting yet more people – 2015 full-time candidates.

Karaoke fundraiser – It was organized by the global study group that visited India over spring. They raised funds for a non-profit organization, Lend-A-Hand, that inspires social change in the youth of rural India. I got free music lessons and picked up some great tips that evening – I now know how not to sing!

Palmetto and Pedernales Falls State parks – two out of so many around Austin! Just in a couple of hours I was away from the hustle-bustle of the school and the city. The short trips are truly refreshing when it’s time for much needed breaks.

Trailer Tuesday at Long Center – a good find by my second year friends. This is once a month event from March through October, at times on weekends as well. I absolutely enjoyed the scrumptious, falafel Kebabilicious wrap while watching the sun set over Austin’s skyline with my friends.

There were a ton of other activities in school, MBA Prom and once the school was over, an entire week of ‘disorientation’ for all full-time candidates (MBA Revue, Cohort Olympics and other parties)….and there is really so much that goes on in and around Austin that it’s difficult to keep a tab.

Being half-done with my MBA is a good feeling. The first thing that comes to mind is no more Austin – Dallas commute for me or my husband for a while. That drive is one of the most monotonous, boring and drab drives ever. Also, I’m another step closer to my goals. Anyway, so time did fly by really fast. I am glad about this decision of getting my MBA at McCombs. Looking back, I know I have a come long way from being an architect, with no exposure to corporate business world to someone who is excited about a career in finance. I met many awesome people who, I believe, shall remain friends for life. I have tried many things that I hadn’t done before – simple things like biking to school :) or complex things like valuation :) or fun things like going to a prom – the MBA Prom ;) . There is absolutely no limit to what you can learn, who you meet, how much fun you have. The only limit is what you set for yourself.

By the time this blog is published, I would have already started my internship. I know what projects I’ll be working on and am really looking forward to it. My internship seems analogous to the preview of a movie that is to be released after I graduate. Difference being, the plot thickens and unfolds one day at a time.

It’s been an incredible one year, learning all that I did and sharing my experiences. I can go on forever, but it’s time for adios right now. I will sign in a few weeks later with updates from the internship front. In the meantime – Hook ‘em horns. Iml

A Quick Recap

It has been way too long since my last post. It’s scary to think that my second semester is almost halfway done. Let me try to quickly catch you up on what I’ve been doing.

The second half of last semester was a blur of case assignments, company information sessions, and then final exams. It’s a strange time of year because you have to strike a delicate balance between focusing on your coursework and dedicating time to learning about and making connections at companies so you’re better prepared for the formal internship recruitment process in the spring.

Winter break was a nice time to go home and see family, but it was also filled with countless cover letter rewrites for interview applications. Going through the application and interview process has been a strange experience. When you start business school it seems like there are so many possibilities and that you could do anything. The application process sobers you up to the fact that you’re only going to go through one of those doors, at least as far as an internship is concerned. Ultimately, you find the internship opportunity that is right for you. My advice to others who will be going through this same process next fall and winter is to keep that perspective in mind.

So far this semester has picked up where the last one left off.  In addition to a full course load, I’ve started an internship through Venture Fellows and have worked with the MBA Healthcare Association to put together a speaker panel for an upcoming healthcare symposium the school hosts. The internship keeps me busy and I’ve learned how to better manage my time as a result. The other big thing I have going on this semester is a Global Connections class. I just got back from a two week trip to India where our group visited several companies over there. Life as an MBA is never dull!

I’m going to sign off for now, but be on the lookout for a post about the India trip, and some pictures from the Taj Mahal and other famous Indian sites.

The Call.

Everyone had said to me in the first semester, “The first semester’s always rough; it’ll get better by the second”. But trust me; the first half of the second semester was no better. There were new challenges to face and deal with. Along with new subjects and new classmates – wait – new classmates? Yes. Now that we were able to choose what subjects we wanted for the semester, the cohorts and study teams were mixed and suddenly I was surrounded by new faces, once again. I thought I knew a lot of people but no, there were more. Meeting new people has become a part of my life and what’s interesting is how smoothly it happened, it’s almost natural now! So, along with learning new subjects and meeting new classmates, I started applying to different companies for a summer internship.

It was a tedious process to say the least. Networking, resume updates, cover letters, first draft, revisions, second draft, revisions, final draft, interview preparations. There is a lot of effort that goes into it. But I have learned a lot from the process. This “exercise” made me a lot clearer in my thought process, boosted my confidence level, and made me ask difficult questions to myself – why do I want to work at one company versus other; would I like to do this job after 5 years, why and why not; what skills do I leverage; what is it that I need to work on; what is the company looking for in a candidate; would I be a good fit for the company; would the company be a good fit for me in terms of culture and career? The databases and my peers helped a lot but, not having worked for a corporate firm before and at the point of switching careers, I still didn’t know what to expect. I was prepared, confident and ready, yet had so many questions.

My first interview was a phone interview. That comes with its own set of challenges. Since you can’t see the other person, you really need to work hard on cues that suggest when to speak, when to start, when to stop. It’s tricky, but some pointers from communication coach really helped me ace it. Juggling between classes, assignments, and a series of first round interviews, there were never enough hours in the day. Add to all of this another series of second round interviews for which I had to travel at times. My days got even shorter. I now realized what 25 hours in a day would mean for me. One particular time after attending my regular classes from 8 a.m. to 12 p.m., I drove myself to the airport to catch a 2:00 p.m. flight, appeared for three back to back interviews within the same firm, took a cab back to airport, flew back to Austin, and came home to attend classes the next day. All of this really helps you to prioritize and work efficiently with limited time. During this phase when you have a moment to reflect and take it all in, you realize you are just waiting for one call that says, “Hello Chirali, we have some good news for you. We would like to offer you a position in our firm for the summer. Would you like to join us?” It’s not the effort, the preparation, the physical or mental exertion that gets on to you; it’s the waiting and not knowing that totally drains you. But the key is to be patient and try until you succeed. Cliché I know, but still holds true.

And then it came – the much awaited call, and not just one but multiple. At this point, with the ball in your court, you choose how and what to play. And I did too! Ah, relief! The recruiting process is over, at least for now, so finally, I am relaxed and waiting to experience a normal semester focused on studies and fun. The key takeaways from this experience – connect with people, be patient, and help others as much as you can. I wouldn’t be where I am without the help of all the people who worked with me, guided me, motivated and encouraged me. I am so glad about the choices I made starting from the one of coming to McCombs. I look forward to my internship and hope to give back to others in the same way my new friends did for me.

Hola from ESADE, Barcelona!

Hola mis amigos! Sorry it’s been a while since I’ve posted, but it has been a very different semester of me.  Along with Josh, James, and Jen, I am doing my semester abroad at ESADE Business School in lovely Barcelona, Spain.  Don’t fear, we are taking breaks between sightseeing, tapas bars, the beach, and weekend trips in order to enjoy being students overseas.

Jen And James On Train

From the start, I knew this semester would be quite different than McCombs.  First, I have an hour commute to school in which I walk 1/2 mile to the city center, take the 30 minute train to Sant Cugat, then walk another mile to campus. I have to admit it’s weird not to take a car to school, but I love the transportation here.  Plus there is usually good company on the train.

My classes are pretty different as well.  My first class – In Search of a Life Philosophy – merges business issues with art, literature, and deep class discussion.  While not a typical business course, I think this is one of the most important classes of my MBA career.  Josh, Jen, James, and I are all taking it, and therefore representing Texas to be a very philosophical school! My second class – Branding – is a much more typical business class.  So far we have had speakers from Desigual, Moritz Beer, Lenovo, Chupa Chups, and we are able to get a more global perspective on marketing.  My third class – Geopolitics – is helping me learn how different countries and organizations interact, and is the perfect class to take with a ton of international students. My fourth class is an Independent Study, and my deliverable is an overview and analysis of Spain’s current economy.  I have been impressed with both the quality/prestige of the professors and the caliber of students.  Many of my classmates at ESADE are also on exchange, but there is still a very global feel to the student body.

In our free time, we have been making new friends and enjoying all that this amazing city has to offer.  Below is a picture taken outside Quimet y Quimet, which is arguably the city’s best tapas bar.  Our friends from Australia and Belgium joined us.


And here is Josh, James, James’ wife Kristin, and me at the Monastery of Pedralbes. We are doing our best to mix culture and fun!

In all seriousness, I can’t say enough great things about this experience. I am so thankful to have the opportunity to live in a different part of the world and further develop a global perspective. With over thirty Longhorns abroad this semester, McCombs is definitely delivering a global experience to its students. It’s great to be a part of it!

Sleep Cycle

Texas MBA Student Debjani PandaBy Debjani PandaTexas MBA at Dallas/Fort Worth Class of 2014

Overheard:

“App on my iPhone tells me I am not getting even two hours of deep sleep”. – Sleeping with the iPhone under pillow, when sleeping student

“There’s a lot of travel by road and rail and I am not on the internet most of the time.” – Fulfilling obligations in India, still working on homework cases student

“My 5 year old told me – Mommy why are you nervous about your exams, all you have to do is use your brains” – Son getting better grades than Mommy student

“I really try hard not to get into an argument with my wife on way to church” – Yet another Sunday late to church student

Debjani and her two sons

Debjani and her two sons

When they warned me, it’s going to be tough, I need to manage expectations and have that conversation with my significant other, I didn’t realize it was going to be this hard, where hard is an understatement. We knew that managing a part time MBA from a top 20 school, with a full-time job and a family wouldn’t be easy, but nothing could have prepared me for this. And neither was I prepared for the fun and learning that comes with it. In a nutshell, this MBA redefines the way one thinks and acts – and sleeps. It changes the lens with which one views the world. And as I go along, I am certain of a widening sphere of vision. It’s like the windshield wipers working on a foggy day. And as always, the foggiest mornings give way to the sunniest days.

In the fall of 2012, back to school had a special meaning in our family. Our five year old was eager to go to “big boy’s school” and his eagerness was only surpassed by mine to go to B-school.

The Spiderman on his backpack stared at mine with the McCombs logo. His crayons and school supplies were strewn alongside my highlighters and post-its. While I was registering and getting ready he completed his forms as well. We both got first day jitters and he echoed my feelings when he said “Mommy will they be nice to me?” So while he pranced away to school, with a fluttering heart I wiped that tear and thanked my lucky stars that we were fortunate enough to pursue that wonderful thing we call education.

Since then I have come a long way. I recently completed my first term and am very proud of myself. This is the fastest I have lived and accomplished so much under such stressful conditions that my life before the MBA feels like a breeze now.

Accounting, Statistics and Leadership in the first semester gave us the foundation to tackle Corporate Finance and Marketing in our second. Other highlights of the second semester are the International Trip and the MBA+ micro consulting project. As the name suggests, MBA+ is optional, and given the rigors of the course I would have gladly kept it at bay. But I couldn’t after I saw the list of interesting projects lined up with dream companies. I have a wonderful group and bagged the M&A project with McAfee. I just got off a conference call with our coach (yes that’s another bonus, where each team is assigned a coach to guide us throughout the semester). The call was very informative and we got insights into how to discuss scope and deliverables with our client. Then we will meet our contact at MacAfee and complete the eight week project with them.

Though many of us have been managing projects and clients in our full-time careers, something tells me this will be different, not just for the fact that this is an area where we don’t have the experience, but that we will do this project with that hint of MBA in us. Watch this space for updates along the way, and lest I forget – it’s called Sleep Cycle – the app you should be “googling” for right now, if you are in or considering an MBA from McCombs.

McCombs takes home the win in the UNC National Real Estate Development Challenge!

This past week has been kind of a blur. After late nights at McCombs, early flights, and endless preparation for the UNC Real Estate Development Challenge, all of our hard work came together and really paid off. Out of 16 teams from Top 20 MBA programs in the US and Europe, we won first place in the challenge, and it was a blast.

Winning Texas MBA Team

With my teammates right after our win!

This year, the case was based in Houston and we were presented with the challenge of preparing a development presentation with a plan of how we would use the space. Our team focused on a 10 year project with four major phases. Our main focuses were on affordable residential development, an HEB grocery store, outdoor park space along the bayou, and some mid-rise offices in the long term.

Our team was comprised of Richard Long, Ziad Haddad, Mason Gilmore, and myself. The four of us brought in our background experiences in finance, real estate lending, architecture, and construction management. We were able to divide up the work and everyone had a crucial contribution the the plan. In the end, we knew we had a great development, and we were excited to present.

Once we found out we were going to the finals, we were thrilled. We rehearsed a few more times, and presented to a room full of judges and students with our highest hopes. We waited for the judges to deliberate, and finally, we were given our first prize winnings of $10,000.

I literally cannot put the excitement we felt into words. This was easily the most rewarding moment of my entire MBA experience. The opportunity to compete in such a challenging competition is a learning experience I will never forget.

I’m still so excited about all of this and can’t wait to light the UT Tower burnt orange with my teammates in honor of our national victory!