The "Simplex" Phenomenon!
First heard about the company from two of my batchmates taking refuge in my room after being alomst thrown on to the road!!
[Aside: Nagax/Golu if you happen to read this piece, you know I love you guys :-) ]
Anyways, back to the theme, these two informed me about some Japanese company in the process of recruiting for the post of quantitative analyst. Now one may talk about the "right career options", the "most suitable career path" almost endlessly, but $60K are enough to water any and every mouth. More so in IIT, where an elec punter is ready to give up his four years of "education" for a career in Finance! So when the news of this particular company spread like fire inside the IIT Bombay's campus it required no survey to conclude that EVERYONE who can, is going to apply. So started the process of converting one's resume to look attractive, even if remotely, for a finance job. Last heard from some completely unreliable source that around 200+ people applied for the single post. All this, when there was absolutely no information available on the company's website.
Then after a few days [or weeks ?] people started receiving international calls. Some did for the first times in their lives. There was absolutely no prewarning of this "attack" from the company. Some of the people were reported to taking a shit while they got that all important call [Of course its another matter, that why they carried cellphones in the toilets. Some had the excuse that a lot of thefts were going on in IIT Campus, so nothing's safe these days! ] The lucky few who had the honor of attending that call, started googling for finance papers, reading about fixed income markets, derivatives and such stuff. People started analysing why a particular person got the call and why not the other. The conclusion was that the people who got the call possessed one or more qualities from the following set:
{Astronomical CPI, Courses in SOM, Neural Network Fundaes}
Finally, a mail from the company gave the rude shock [to most] that they had shortlisted only 4 from
the institute and 5 [!!] from outside IIT. Later on the knowledge that those "outsiders" were also IITB alumuni, the hullabaloo died somewhat down. So now I reach the climax of this story, which I guess I'll divulge in my next post!
PS: The Shrek OST is godlevel.
First heard about the company from two of my batchmates taking refuge in my room after being alomst thrown on to the road!!
[Aside: Nagax/Golu if you happen to read this piece, you know I love you guys :-) ]
Anyways, back to the theme, these two informed me about some Japanese company in the process of recruiting for the post of quantitative analyst. Now one may talk about the "right career options", the "most suitable career path" almost endlessly, but $60K are enough to water any and every mouth. More so in IIT, where an elec punter is ready to give up his four years of "education" for a career in Finance! So when the news of this particular company spread like fire inside the IIT Bombay's campus it required no survey to conclude that EVERYONE who can, is going to apply. So started the process of converting one's resume to look attractive, even if remotely, for a finance job. Last heard from some completely unreliable source that around 200+ people applied for the single post. All this, when there was absolutely no information available on the company's website.
Then after a few days [or weeks ?] people started receiving international calls. Some did for the first times in their lives. There was absolutely no prewarning of this "attack" from the company. Some of the people were reported to taking a shit while they got that all important call [Of course its another matter, that why they carried cellphones in the toilets. Some had the excuse that a lot of thefts were going on in IIT Campus, so nothing's safe these days! ] The lucky few who had the honor of attending that call, started googling for finance papers, reading about fixed income markets, derivatives and such stuff. People started analysing why a particular person got the call and why not the other. The conclusion was that the people who got the call possessed one or more qualities from the following set:
{Astronomical CPI, Courses in SOM, Neural Network Fundaes}
Finally, a mail from the company gave the rude shock [to most] that they had shortlisted only 4 from
the institute and 5 [!!] from outside IIT. Later on the knowledge that those "outsiders" were also IITB alumuni, the hullabaloo died somewhat down. So now I reach the climax of this story, which I guess I'll divulge in my next post!
PS: The Shrek OST is godlevel.
posted by Anurag Ruhela at 11:17 PM
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