Video nenà dostupné.
OmlouvĂĄme se.
The TRICKIEST MBA Interview | IIM Calcutta Interview Experience - Non-Engineer Fresher
VloĆŸit
- Äas pĆidĂĄn 11. 03. 2022
- đ Get the Formula Book: rb.gy/7744vn Access my GDPI (MBA interview) prep course: shwetaarora.in Join my MBA interview course (Rs 999):
I'm sure no one in youtube world has this many questions in 7 mins to tell , absolutely fantastic đ€
The best part of this video is, it normalised IIM Interviews. It will connect to all common students !
For accounting of livestock u need to apply Ind As-41 " Biological assets" .... For new born calf the entry should be
Biological Asset A/C ...... Dr (Fair value)
To Income statement A/C
Wrong as per INDAS 41 entry will be
Pl. Dr
To animal
Ca student ?
@@dishasharma9447 you should be certain based on the ans he gaveđ
As I know. ;!!!
This standard prescribes accounting treatment and disclosures related to agricultural activity.
Only IND AS talks about biological assets. Accounting standard I doubt.
Literally Iâm an business management aspirant cause I canât found myself in any other field and this video clarify my so many doubts regarding MBA tho it was an interview but still this video motivates me to work on my communication skills as well as vocabulary.
This brought back a lot of memories. And though I give job interviews still; being a âserialâ job-switcherâŠThe MBA interview is another level altogether- itâs unpredictable and random yet when you look back it makes a lot of sense somehow. Great content !
The efforts that goes into making videos like these. Commendable đđ
This was hilarious! Seems like everyone loves accounts and economics.. usme bhi indifference curve seems to be their favourite topic. Online interviews aren't this fun, especially if you have an evening slot, most interviewers are already winded..
PS I had the tell me about yourself question in two Interviews, and I gave the worst answer possible, so was happy baad mein woh nahi pucha :)
What about people who hates Ecođ€Ł
The editing and the animation of the videos nowdays are just đ„đ„đ„đ„. So happy to see you making shorts and reels.
I was laughing seeing the middle panelist what a lovely animationđ
But thanks for the video. Who guessed you couldn't answer the question on Cadbury but got placed in the same company after 2 years
Really admire your communication skills and voice.
Thanks for sharing your experiences looking forward for more
These interviews are so sweet. I mean the animations are not very intensive but still every emotion is reached to us.
Meanwhile me(an engineer): What just happened here? đ€Łđ€Ł
Come on exel in engineering , we ( commerce students ) will fix the Financing
All person doesn't come form similar academic background..so expected some question are similar but all question are not same ...like related question about cow and cow's calf.đ don't scare..đ
For.BCOM
Thanks Shweta Maâam, Your videos really help me a lot to get insight of preparations and interview experiences, I have a request Please make a video on FMS delhi interview also.
Your efforts are priceless didi and we look upto you! Thank you very much for this!!
Thank you Shweta mam for sharing your experience, it would be great if you could share more such videos with other institutes and also other people
Mam can u please make a video on DU college for MBA in consulting
Okay!! Answer to the thumbnail question
Ind as 41 which prescribes Accounting for Biological asset
Accordingly the entry will be
"Biological asset (cattle) dr.
To profit and loss account"
Accounted at fair value on date of birth of cattle.
Ek number mam đđ
Such a cool environment u made for us is really commendable.... đ
Hats off mamđđ
IND AS 41, Agri Income ( Scope : Non bearer plant & Animal as Biological Assets)
JE : Biological Assets Dr to P & L account
Amount : Fair value less cost to sell
Likewise, Cow gives Milk. Milk having no cost for Dairy Farmer. So, it is also transferred to P&L. Inventory Dr to P&L. Valuation as per IND As 2..
Thanks
Neither the interviewer nor the person appearing for it had any idea about Accounting standards, hence accepted
Accounting entries are limited to financial transactions. Those events are recorded which involves a financial transactions. Hence cow giving birth to a calf cant be recorded in a journal.
That's what i am saying
But the answer didi gave was more complex and advance
But still what we learned is the basic of accounting
Which is more mandetory!
According to me that would have been the answer that
"Sir your question doesn't support the money measurement concept"
Hence it wont be recorded
@@KoralKaur4731 It wont be recorded in the journal. But it will be recorded in the stock statement if it's a "Dairy Farm".
I saw this video for the first time and its content are awesome đ
Thank you :)
Shweta Mam will always bring something interesting on the table. Loved this video â€ïž
Not internal check, It is called Segregation of Duty.
Joining hand : answer is Have Whistleblower Mechanism as per SEBI LODR & Corporate Governance
Sahi jawab.... Internal check is a part of the internal control system that the mgmt DIMs. It is segregation of duties, that's the precise ans.
It is an fantastic video that will help me out the interview purpose........
Me, who scored 55% in my graduation and having 2 years of executive experience. Crying in corner that I never ever gonna get IIM interview call
Bro ur composite score must be more than . 7 , if no even though u take 100 percentile u won't get IIM calls but u cn top b schools for sure.
If you're goal is to make good money , why restrict your self to iims ,there are other good mba colleges.
@@amoghmalpe486 Yes, But again admission criteria is almost same for every top B school. They take toppers only.
Obviously you need to be studious , but there are colleges that don't focus on past academics
@@amoghmalpe486 sure. Will do that. Thank you â€ïž
Even u remember the questions asked in the interview, if I was there I will be get dumbed at the first question but honestly you gave the answers perfectly I want to know how you think of answers quickly after they ask I m really so dumb đ
It's the biggest day of your life ,ofc you remember......
Lots Of Love and Best wishes From Our Study Family â€ïžđđđ
Hi Shweta, lately I became one of your followers, true that I am an MBA aspirant still on the other side which is completely irrelevat to this video or any interview. I watch a lot of Anime series, the kind of expressions u were giving it is just up to the level of the voice artists who works at anime. I feel apart from all the talent which u possess right now, u also have the potential to become a voice artist. Wish to listen to your voice in a serise some day, Thanks
Calf Dr
To Cow Cr
(Calf would be treated as an Asset, nd it came into this world means DEBIT WHAT COMES IN nd Cow is the giver, CREDIT THE GIVER)
What i have observed from your interview is that they asked many basic questions... As a student of class 12 from commerce stream i think the interview was Pretty easy they asked most of the things which we've been teached in class 12th and 11th
Seriously??
Everything seems to be new to me
Bhai abhi tu 11th mein hai koi baat nahi
Jabh tu last year mein hogana tujhe kuch nahi yaad rahega 11th 12th ke padhai kađ
Gosh di so many random questions đLove how you portrayed the interview with the animation and narration â€ïž And you remembered the interview in so much detail â€ïž
The panelists looked quite interested in Economics. Really happy!!
The journal entry will be
Biological asset A/C Dr
To Statement of PL
Accounting as per IND as 41
The journal entry question was tested from IND AS 41.
Biological Asset (FV/cost)
To PL (FV/cost)
You almost got it correct.
Secondly, what was missing in the nirav modi case from PNB's side was a proper internal control or rather an IT related internal control that failed to prevent detect or correct the misstatements.
@Akshit Sharma The terminology used in the standard is 'Biological Asset'. Hence, unless otherwise specified, no other nomenclature should be used.
So funny.... đđ
Really loved your representation, back ground music đđđ
I'm a english hons. student. If I ever get a iim interview call I wonder what they'll ask me cause If they ask me question like these I can't answer anything đ
Good one
Upto the point & crisp, No timepass.
Thank you !
Next video topic - all about FABM course in IIMA
I know you are from marketing background Per se but please make a video on this topic đ„șđ„ș
If you have an agricultural background it's a great option but if not, it's really hard to get a shortlist, and even if you do get a shortlist conversion would be next to impossible
Hi you do videos about pre iim prepare and post iim jobs. I appreciate that. This is in request please do videos on what is taught in iim which makes it best . Please share information about iim course structure,year calendar, day routine, and scholarship for fee waiver by iim,etc..........in short please do share what happens in iim
I will be grateful if that is done
Thank you all your knowledge sharing
You do great things :)
had fun hearing the interview.... good for learning as well soothing..
Very glad to know that you are also graduated from kmc becoz I'm currently pursuing my bcom (h) from the same college
most of these qs are class 12 commerce level, and I tried doing the cow journal entry when i saw the title and got it right :))
superb di, it was knowledge with fun too :)
Everytime watching your videos excites me a lot and makes me energetic even though I was feeling somnolent after watching a lecture.
Good video but I think there should be no journal entry for cow giving birth to the calf since as per IAS 41, only the cost of rearing animals can be recognised in the financial statements. A cow giving birth to a baby calf does not invlove any exchange or outflow of resources, which can be identified as a transaction.
I knew I will find one CA person her who will talk of IAS 41 đđ
For the first Q journal entry would be ->
Live stock ac Dr
To capital ac cr
Ma'am, can you make a detail video in MBA in IT. It would be very helpful if you do so.đ
sister how to study like mba student of iim if you are studying in normal college
Thanks to you made a good video
Biological Asset dr
To Profit and Loss Account
Thank you so much. This helped me alot
Can you plz share your iim indore interview experience also . This can help us alot
You are super in interaction. Applause đ for you
I have a doubt if we sell our asset (calf) it should be credited because assets decrease in credit side so the entry should be
Bank ac
To cow's ac
In journal entry
When a calf is born - appreciation right
As u said the credit should be capital account but in case a company then how u credit capital a/c . Suppose that calf after its life it retired or cessation or death takes place again you should debit capital? Or else p&l.
In dairy or poultry( birth/death )increase or decrease of animal or even milk(inventory) is routine transaction .how this appreciation affected to capital on a daily basis?
đ§
Any how nice interview experience. Thanks
Informative video keep making more videos like these.
I think If a cow gives a birth than this transaction shouldn't be recorded reason being As per accural concept of accounting we always recorded income and expenses when it's actually occrus or happens. So we will record this transaction once we receive outcome after birth. đđ
but we are certain we will recieve value in the maarket then why not record it
ma'am i am from Bsc agriculture field.. so will they ask these marketing questions or current issues.. i really don't know to whom should i ask..
Share someone's interview experience whose academic scores were low
Yes ma'am that would help a lot
I really appreciate the cow journal entry I debited assets a/c but I didn't know what is create in this case.. thank you it's very inspiring video. Please share a video about books which you like.
Wow apperciate your effort đđ.
Shweta Dii
Thankyou for the amazing work you're doing!
It really keeps me going forward, even when I'm demotivated to the core
Could you please make a video on student exchange programs?
There's a lot of hype about it, but really don't know how would that add value, would need to start saving for the same incase that aligns with my MBA objective
Thanks a lot!
Thank you so much for the video đ
Mam please make a vedio on composite score eligibility criteria of all 20 IIMS , as many of CAT aspirants simply wasting their time buy getting prepared for exam even without aware of composite score that every particular IIM college contain . But here good part is through CAT we can join top b schools but not our dream college of IIM if and only if CS is more than 0 .7.
What is composite score?
Birth of a livestock cannot be an entry in the book of account as there is no transaction involved. IAS 41 only recognizes the cost of rearing animals in financial statements (cost of Fodder, labour etc)....... If you are a CA or a CS .... this wouldn't be a tricky question actually..... Its challenging for a graduate though.
However, the answer you gave in the video is also correct...that is only if you sell the calf (that is before it can be classified as a milch cattle) it will have two entries before it can be send to Capital A/c....(from PL Suspense Ac to Capital Ac)
As per Ind AS 41, fair value of biological asset less cost to sell shall be included in P&L account. So your answer is also correct.
@Vijay Raghavan Birth of a calf is treated as a gain in initial recognition of biological asset. Hence credited to P/L. (As per IAS 41, Ind As 41).
This is prescribed by standards.
Great presentation, it was fun to see this video on 1.5x.
He shweta mam.. ur videos always help me a lot.... I m studying for this year's cat... And i am having problems solving quant questions... Hardly i can reach to the answer. This happened with you too in 3-4 months of beginning of study?
So the IIM-C interview is that easy! Unbelievable!!
interesting presentation in the videođđđ
hii mam, I am pursuing my BA Program Economics and Mathematics from DU
I just wanted to know that does honors degree students like eco hons bcom hons have upper edge during iim mba selection? Please clear my doubt
Ind As 41 deals with this the calf is the be valued at Fair value.
You'll debit biological assets i.e calf and credit fair value gain.
It would be business income and not capital gain.
Mam i think the journal entry for selling a cow will be
Cash A/C------DR
To livestock A/C
Yes even I thought the same. If the question was, what is the entry for new cow born? then the answer in the video would have been right
@@iamvarunmehta yaa but i think the journal entry for a newly born cow baby will not be recorded coz it is not related to monetary. And we record only those transactions which have some monetary value in the books of accounts.
@@mehulmayank8641 No we record event entries which has no monetary value. Like a land being given by government for free of cost as subsidy. The case which was asked in the Interview is covered under IND AS 41 Agriculture where such biological asset should be recorded at fair value and any changes in fair value should be debited/credited to statement of profit and loss account. So the entry said by shweta was right.
I really loved the graphics, can you please tell with which app we can make or what skill is needed?
Didi as an bcom aspirant you made it too two iim
I can also made it with dedication and smart work
Really like the new introđ
â @Shweta Arora Ma'am can you please make a video about whether an MBA from IIT Bombay, Delhi, or Kharagpur is worth it. Every video has a consensus that yes, it is because of the average package and ROI. However, the B-school experience is much more than that, so please explain the differences in the after-effects of an MBA from IIT and IIM with respect to the alumni network, job opportunities, social status etc.
Please make a video on NCFM.
are these interviewers always this smiley smiley or tough too?? đđ thanku for sharing this!!
It was very helpful, can you please share your IIM Ahmedabad interview of yours.
Ohh.... everything i want ot know is coming in front of me on this channel.....đ€đ»đŻ
Thank you so much ma'am đ
The biggest question is: What was the candy offered?
Mam can you please share the name of the NSE certificate you mentioned in the video?
Yes mam can you please also make a detailed video on it?
@@Pooja-rf4du I have been watching videos at Non Engineers since a long time. Shweta di had discussed about this finance course that she did which may be also helped her get a finance summer internship offer during her MBA.
So, this course is been provided by NCFM. And there is a video on Finance skills and courses at Non Engineers.
Hi Rama, it's called the NCFM module by NSE Academy. I can make a video on it for sure!
Will these type of questions be asked to a student of Biosciences background? Or it would be more oriented towards the bio field if acads based questions like these are asked?
Exactly my q
Msot of these were general not technical...
Is there are students at iim Ahmedabad with low academic scores?
For selling Calf in, journal entry:-
Cash A/c Dr.
To Calf A/c
Is it correct??
Hey Shweta, my doubt is regarding the quant part. Do we really have to memorise roots, squares, percentages from the beginning of our preparation? Like do we need to follow a routine to by heart them?
P.s. your videos are really helpfulâ€ïž
Yes you have to buddy. It saves a lot of time on calculation. Which is extremely important.
Most important
Before clicking on the video I predicted the journal entry to be :
Livestock ac ...Dr
To capital ac
(Btw I've just entered in the 3rd y of bcom)
THE ENTERY IS
LIVESTOCK ACCOUNT DR
TO P AND L ACCOUNT
P AND L ACCOUNT DR
TO CAPITAL ACCOUNT
I didnât understand the logic⊠Equity Share Capital Account will only be credited if shareholders contribute something or if reserves are to be capitalised. Ideally it should be Capital Reserve Account or expense account should be reversed to capitalise the medical expenses incurred to give birth to the calf. Please explain if possible, I am really confused.
Awesome Inc
As per ind as 41, ur journal entry is correct i.e. Calf/asset dr and PL cr in books of accounts...
i hope they are not recruiting any IAS officer...i seriously don't know answers of 80% questions
I love and love your videos
Hi Shweta,
I am a CA Student and to tell you, your answer related to journal entry was surprisingly correct. There is an IND AS on agriculture wherein the biological assets are recorded at their Fair value (less cost to sell) and the credit to this goes to Fair Value Gain A/c (Profit & Loss). Not sure about credit to capital account. However, IND AS/ IFRS applies only to listed and other prescribed companies and hence capital account can also be a possible answer.
Yes it is ! Concept of living stock at fair value
Can you share what percentile you had got in your cat examination
Hi ... I just wanna ask how you made the animation....
Very cute and informative video.
lol..it is not related to financial or money transaction.. need not maintain journal entry.
add: to live stock.
How you animate your video. In mba they teach animation too?
Hello shweta didi can i no
How many years took to repay the education loan
If is it okay for you please Reply