Re: IGIDR Interview
Posted by Prerna Rakheja on Jun 01, 2013; 8:53am
URL: http://discussion-forum.276.s1.nabble.com/IGIDR-Interview-tp7577906p7581614.html
The faculty at IGIDR is very comforting and will most likely ask your area of interest and then ask related questions. So before you mention your strength be sure that you are thorough with it.
Nevertheless I suggest that you are clear on your concepts for mathematics such as difference between concavity and quasi concavity, optimisation in case of multiple variables (necessary and sufficient conditions for maxima/minima) etc.
Also the IGIDR course structure is high on econometric application of concepts and hence I would recommend to brush up basic concepts (is the population regression function observable?) along with statistics (I was asked about the poisson distribution and normal distribution). With microeconomics they mostly make the candidate solve problems on the board hence this would be a good time to look into back problems of Microeconomic Analysis by Hal R. Varian. For macroeconomics refer to Branson and be clear about concepts like paradox of thrift, IS LM Model etc. Its good to have a brief idea about other graduate courses that you may have pursued such as game theory, international trade, development economics (specifically growth models)
To summarise, have good knowledge about all areas as they may question outside your comfort zone. Since all of you have been preparing diligently, none of the questions will be unheard of but the faculty might cross question to ensure the clarity of your concepts.
Overall IGIDR offers an exhaustive course structure combined with dedicated faculty and is very regressive and regular every semester. The institute also has a good placement setup with various top notch companies such as JPMC, Diamond Consultancy etc
If you wish to pursue a PHD, the institute absorbs the students who have completed their MSc from IGIDR given compliance with certain grade point benchmarks. If you are interested in applying abroad the faculty and institute offer full support which have led many students in the past to go to top institutes abroad such as Cornell, Stanford etc.
The institute also hosts very interactive conferences and seminars by various nobel laureates and famous economists around the world thereby enabling opportunities for learning outside the classroom.