Mu Sigma - Review 2

EXPERIENCE AFTER JOINING

DAY 1:  Reached Bangalore Railway station via Rajdhani Express from Delhi early morning at 7AM on Aug 1, 2012. It was Wednesday. Next day was my joining. I came out of the station and asked for an auto for Kundalhalli. He asked me Rs. 750. It was horrible. I opened bag, took out my specs and wore them. Just across the road, there was a bus stand. I crossed the road and reached bus station. I tried asking for Kundalhalli from every other person but neither they understand English nor Hindi. And I know no other language. So I decided to say "Kundalhalli, Kundalhalli" only. This word won't change even if spoken in Kannada. Few people tried to help me. But it was something like ನನಗೆ ಗೊತ್ತಿಲ್ಲ. How would you interpret it?
Luckily a bus-conductor told me to go on stand-number 17. There I got the bus and reached Kundalhalli gate in Rs. 15 only. I reached the destination and made my entries in register as per instructions by a Nepali cook who was already there waiting for me. It was a grand 3 BHK flat at 6th floor in an apartment. Facilities were ultimate.  Scene was beautiful. We had Wi-Fi internet provided at company cost. There were already 4 more guys who were to stay with me (2 from Hewlett-Packard and 2 from Mu-Sigma). I was the third Mu-Sigman to enter the flat and there was one more to come just 5 minutes behind me, coming in the same train as mine, but later on, in auto paying the amount written above.
I enjoyed that day. I called home being my SIM still in roaming. Used internet (I put torrents) and slept under AC at a temperature of 16 degrees.

DAY 2 & DAY 3 : Tan-Tana. The joining day. I woke up at 8:30. Joining was at 9:30. Reached in time. We were given the time-table for the entire month. And then they told us the real facts about money. The first hike in money was not after 1 year. It was after 1.5 years. I joined on Aug 2, 2012. So on August 2, 2013, I will get a bonus of 75 thousand, true. BUT the monthly salary will be as usual, for another 6 months. My monthly salary will rise only after Feb 2, 2014. It is something like the image given here.

Mu Sigma salary structure (Time in years, Salary in INR)
(Salary includes PF, variable performance bonus etc
which is not credited to your account on monthly basis.)

Here, the gift boxes are Stay Bonus. A small gift means, stay bonus of INR 75,000 and a large box means a bonus of INR 1,50,000. (This image is not provided by Mu-Sigma. I made it). Mu Sigma tells you this money in terms of annual pay and talk in terms of numbers. Looking at numbers don't help you much getting the insight of what actually you will get after the end of month. Moreover, they have devided it in such a fashion that you don't even get the money which I have shown in this graph. After subtracting all PF, performance bonus etc, eventually you get INR 23,700 only at the end of the month (if you are not absent for any day).

Both days, we were busy scanning our educational documents and mailing them to MSU (Mu-Sigma University) email. We has lecture sessions also regarding various things, which included no studies but other important things like
1) How to save your tax
2) How many holidays you get (well, you get 16 casual holidays and 6 sick-leaves in 1 year, that also divided on quarterly basis as 2-2-1-1. So, no continuous 6 holidays.)
3) What is the organisation of the company
4) Getting new laptops (means, now you are screwed. You need to work)
5) Getting company I-Cards
6) Visiting the company's new location where I was supposed to work after the training in MSU is over (that location is known as ITPL. MSU is at KTPL)
7) Opening bank accounts in HDFC
Both days, I went home at 9:30PM

DAY 4 ONWARD : Now MSU starts training you in various subjects. Daily, in-time was 9:30AM sharp and out-time was a variable ranging between 6:00PM to 9:00 PM. After 26 days of rigorous training, exams were to be held in 4 different subjects
1) MS-Excel
2) R
3) SQL
4) Statistics
I knew a lot about Excelby self experience (I learnt it when I made huge data about placements of college being the PR of computers in college). SQL was in my syllabus of Computer engineering (ironically, that's why I didn't know SQL so much. But I was better than those like my new friend from IIT, Madras-Civil Engineering). Statistics was only "Prabability from M-3". (If you are from Pune University, you know what M-3 means).
The only new thing was 'R'. It was to be run in 'R-Studio' and it was a horrible subject. If you get into Mu-Sigma, please study this subject with full concentration. Earlier, Mu-Sigma used to work on SAS. Recently they have switched to R. So, most of Mu-Sigma employees are trained in SAS only. These two things cumulatively make the soul of Mu-Sigma.

DAY 29 & 30 (EXAM TIME) : On August 29, we had exam of Excel and R. I scored full in Excel and Zero in R. If you fail (like I failed in R), you get another chance next month :). Today is August 30, and I had exam of SQL and Statistics. Most probably, I passed both of them. Result is yet to come.

NOW WHAT : Tomorrow is the last working day of the month. So, I will get my first salary. We were allotted projects in the mid of month long back and mentors were assigned. I (along with my team of 5) got a project of 'Cardinal Health' - Rank 17 among Fortune 500 companies. We used to have mentor-meetings at regular intervals and proceed with the project step-by-step. Next 3-4 days are specially allotted for project work. We have to finish it by September 6. After that, I (with other 60 from my batch) will be transferred to ITPL office and according to schedule - it be the beginning of 'Life in Delivery'. Although, MSU was supposed to be of just one month. We were recently told that is has been extended to another 5 weeks. We will have to learn Java and VB in that period (MSU keeps changing their policies over time). Being a BE from Computer Science, Java and VB are nothing for me. So, all I am going to study for the next month is 'R'.

FINAL OPINION: Mu-Sigma is a great place to work. You will make good friends. Company is composed of only young minds full of talent. If you are a part of it, it is a privilege. But it makes you work a lot. Payment is not as much as much you work. Life is as hell in Mu-Sigma with no money. But it is just like the days when you used to prepare for IIT-JEE. It is pain, but it is useful for future. Mu-Sigma experience for just 1 year is also in huge demand. Even if you leave the company in just 6 months, you will have better offers from many other companies. Nothing is better than Mu-Sigma to start you career as BA. But staying for long is almost impossible. It gives you an experience like Pre-MBA which no other company can provide. There are both pros and cons. Choice is yours.

Mu Sigma - Review 1

DISCLAIMER

Only one month has passed since I joined Mu-Sigma as 'Business Analyst'. So, may be it is too early to post the review. But anyways, I am doing so. It may be useful for freshers who are looking for a placement in Mu-Sigma. All ratings are out of 10.

OVERALL RATING : 6.9

Salary : 7.5 (Better than most of the companies)

Work-Load : 2.1 (कुत्तों की तरह काम कराते हैं)

Learning and Experience : 9.5 (You get enormous amount of learning, even if you are reluctant)

Peer Group : 7.2 (Mostly IITians & NITians and other good colleges all over the country, all young talent)

Work Culture : 5.4 (strict on timings, formals 'always', no songs, no movies, no Facebook)

Hierarchy : 9.5 (flat hierarchy, seniors are always approachable, no calling Sir/Ma'm, call by names)

Miscellaneous Facilities : 7 (coffee, tea, gym, TT, Fussball, cafetaria, cab facility if you work after 9PM)

THE SELECTION PROCEDURE

First thing first. The phrase '3-6-9' is a hoax. Your earning is NOT '3 Lakhs, 6 Lakhs and 9 Lakhs' for '1st, 2nd and 3rd year' respectively. It is actually '4.05 Lakhs, 6.25 Lakhs and 7.75 Lakhs' for total of three years becoming slightly better than the hoax :)

When I was a BE in AIT, Mu-Sigma visited college on September 22, 2011. It hired 8 of us from all 4 branches in total, as compared to 2010 when only one guy was placed (few others were also placed later on when Mu-Sigma conducted an off-campus walk-in in Mumbai in January 2012). All rounds are ELIMINATION type. Criteria for 'University of Pune' and 'Mumbai University' is 55%. For others, it is 60%. For AIT (2011-12), it was 53% with any number of downs. On joining, all clear required.

ROUND 1 :  WRITTEN

You are given a question paper with two pages stapled, both sides printed. All questions were objective-type as follows:

1) 25 questions were from 10th class mathematics

2) 5 questions of analytic and data interpretation.

Time allowed : 30 min

Overall, questions are easy, but time limit is short. You really need to be fast.

In our batch, about 60 students appeared. 20 cleared for round 2.

ROUND 2 : GROUP DISCUSSION

Groups are made with about 10 candidates each. GD Master announces a topic. One blank paper is given to each candidate and 5 minutes are allowed to sit quietly and think your points. Do not write anything on the paper. Then GD is started. This is not supposed to be a debate. So, being in favor, against the motion or to be neutral is your choice. Just take your stand.

After GD is over, another 5 minutes are given to write the summary of what was discussed. Submit the paper.

ROUND 3 : TECHNICAL as well as HR

Actually, Mu-Sigma doesn't care which branch you belong to. So, technical interviews for a Civil guy may differ from a Computer guy or a from a Mechanical guy. All they look for is that :

1) You are a quick learner (they will make you to do so, if selected)

2) You have the urge to learn new things

3) You are intellectual (they will give you a couple of puzzles to solve. Once you solve them, you are selected)

The most important parts of their interviews are questions of following type :

SAMPLE QUESTION :
'Reeshock sports apparels maker' has come to you. They are experiencing a decrease in profit since last two months in one of their store. They want to know, what can be the various factors causing it?

SAMPLE ANSWER : 

a) Time of year (may be they sell winter sweaters, and summer is going on)

b) Location of store (if it is in Himalayas, or on sea-shore, or in Rajasthan, it will affect sales)

c) Keep thinking and telling other similar factors till you get completely exhausted of all the factors, no matter how silly factors you think.

c) To keep in mind, Reeshock is not at loss in this question. They are still gaining profit as per the question, but that profit has decreased. For example, in Jan, their profit was $ 2 Million and in Feb, profit is $ 1.7 Million. Obviously profit has decreased (hance following the problem statement), but it does not mean that it is in loss. So, respond accordingly.

They may ask you if you want to ask anything? It is usually suggested that if you ask anything back about the company, it shows that you are very much interested in the company, and hence increase the chances of you being placed. I personally feel that it doesn't help that much (though I still applied it, and got selected). I really feel that the very moment when you respond to the type of question listed above and their puzzles, it gets decided if you are selected or not. So, asking questions about company doesn't really help.

ROUND 4 : RESULTS

We got over with the selection procedure by 10:00 PM. They will announce the names of students selected. The names are announced neither marks wise, nor alphabetically. It is completely random. So, keep waiting till they announce the last name. They give a paper signed by a Mu-Sigma representative in the team, along with a low-durability Mu-Sigma carry bag (and your friends give you a good thrashing of belt party if you are an AITian boy)

BEFORE JOINING

Long before joining, they appoint a 'Mu-Sigma campus-ambassador' in every college. They call the 'Ambassador' to Bangalore on Mu-Sigma's expenses via flight early morning. Mu-Sigma makes them to have a look of the company so that when they go back, they give a good feedback to their peers. Provides a good lunch to ambassadors in an hotel, makes them stay in company's guest house after the function is over, and send them back to their city by next flight. But that's NOT for all, but only for the ambassadors :(.

After a short period of time, they conduct another meeting, this time they coming to your city. They call all the selected students from that city (including all colleges) and organize a know-each-other party in an hotel. Provide you a good dinner and sends you back. This is for ALL :).

Mail 1: Soon, you get your offer letter in you mail box. They ask you to sign it and send back. No need to do that. Simply reply "agreed and accepted". If you want, at max, send a scanned copy of your signatures attached with the mail. But that's all just formality. Even if you reply "Thanks babe", I THINK, its gonna work fine (Don't do that)

Mail 2: Next mail you will receive is asking about your accommodation. Mu-Sigma provides a 14 days accommodation in Bangalore and expects that you will find yourself a good home within that period (you get only one Sunday to do so. Rest of the days, you keep working). So, I would advise you to ask for the days such that your last day in company's arrangement is the day  of your joining. For example, if your joining is on June 1, ask for accommodation from May 16 to June 2. It will give you enough time to find a home, as well as explore the city (later on, its impossible due to work load).

Mail 3: Now, you will get a mail regarding the accommodation details, with address and dates. Remember, the company has only given you a place to stay. Your food expenses are still on your behalf. It may range from Rs. 1000 to Rs. 3500 within those 14 days. So, it's better to find your own place ASAP and get shifted.

EXPERIENCE AFTER JOINING

(In my next post)

Arbit की बातें

If you are unable to read this post, kindly download the font 'BRH Devnagari'

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