Shweta Arora
, pursued PGP (2018-2020) in management from IIM Ahmedabad
Answered Feb 3
Honestly, the interviewers always give a chance to the candidate to suggest which subjects
they should quiz him/her on. So, if you’re not from an economics or finance background, you
will not be expected to know them.
Having said that, if you’ve studied these subjects before, they would only ask you to the
extent they think you would have studied them. For example, to one of my friends, who is an
Economics Honours graduate, they asked:
1. Microeconomics - Consumer Behaviour (IC, etc.)
2. Macroeconomics a. National Income Accounting
b. IS, LM Curves
c. Inflation and Interest
d. Unemployment
e. Philip’s Curve
f. Okun’s Law
3. Econometrix a. Correlation
b. Regression
c. OLS
d. Multicollinearity
4. Game Theory
5. Lorenz Curve
6. Classical v/s Keynesian Theory
To me, a B Com Honours graduate, who had studied Economics only as an elective, they
asked the following topics:
1.
2.
3.
4.
5.
6.
National Income Accounting
Substitution Effect
Indifference Curves
Giffen Goods
Market Competition
GDP - India’s Numbers
Similarly, I had studied only one 1–2 finance subjects during my undergrad (that too
very basic), so they asked me about:
1.
2.
3.
4.
5.
6.
Indices - how they’re calculated.
Derivatives
Underlying Assets
LIBOR
The risk-free rate of return
India’s Interest Rates