Question 1: Kindly introduce yourself briefly.
Answer: - I am Krishna Golyan and I am currently a first year student of B.com(Hons.) at Hansraj. Though, I have been maintaining an equilibrium between strings and books since class 10th, finance as a field has picked my interest currently and thus I have been taking up internships in policy and finance. I am also the president of the International Finance Student Association (IFSA) at Hansraj College.
Question 2: Your LinkedIn profile reveals that you majorly involve yourself in Business related competitions. So what drives you towards them and what is your planning strategy for such events?
Answer: When I joined college, I was an amateur in Consulting or Case Study events. When I joined societies, various bootcamps sessions, workshops and interaction with seniors made us learn how to strategize and approach such case studies. That was one motivating factor. I came across four individuals in college who were working on a case study but later we shifted to the case study about the stubble farming issue in Haryana. Trying to find a solution prompted us to establish our own business, KVASA. So that's how I explored the intricacies of creating a B-Plan.
Question 3: Is there any specific criteria under which you select your competitions?
Answer: In the beginning, I started off with intra college and inter DU case competitions, first being in JMC. Then we chased after the national case events being organized by institutions such as IIMs or IMA and even the Global Microfinance Case competition held by Melbourne University. So the ladder was DU competitions, then national level and then international level events.
Question 4: Can you tell us a challenge faced by you during such case solving events?
Answer: Around 3 months back, I remember three DU colleges had their Business Conclave Events on the same day, and for a week I did not have even a wink of a sleep preparing my team for all three events. Presenting, practicing, strategising and then repeating it on loop incessantly for a week was a real challenge. But we aced all three and that is what mattered at the end of the day.
Question 5: Was there any project that didn’t go as per the plan and what was your course of action regarding it?
Answer: There were five finalists in an event at the IMA 2022 Case Competition, and our team was the only Undergraduate team made up entirely of first-year students—the other four teams were from IIMs and ISB. Thus, the anxious feeling and the challenging competition severely demotivated us. Although the event may not have gone as expected, it undoubtedly taught us a lot.
Question 6: What according to you are the prerequisites of a successful entrepreneur or a marketer? What do you do to update your skills with the trend?
Answer: To begin, you must choose your target areas of interest and then begin studying about them using open source platforms or by connecting with seniors. Connections with the proper individuals can be really beneficial. Do not be afraid of continual learning, and prepare to implement what you learn in real life. Do some internships where you can put your entrepreneurship talents to use.
Question 7: How do you balance all of your commitments along with academics?
Answer: Since my childhood academics has not been an issue but balancing it with everything in my first year was quite challenging to be honest. But now I have got the hang of it and it all feels a part of my daily life, self-growth and last but not the least, academics.
Question 8: Even though it has just been 10 months, you have achieved a lot. What is your secret behind it?
Answer: Motivation comes from inside. First of all, never compare yourself to others. I actually do not observe much competition around me when I compare the environment to that of other colleges, such as with my peers in other Tier 1 colleges who are achieving so much. So my motivation comes from within, that I have to excel for myself.
Question 9: How do you bounce back from setbacks and how have those experiences shaped you as a whole?
Answer: Failures are a part of life, you just need the right people to motivate you. The fact that I analyzed my results and found out the reason for my failure at every step was one thing that kept me on the right track.
Question 10: What are your future aspirations?
Answer: I am planning to pursue an MBA and I might prepare for GMAT next year. All the competitions I have been a part of have really opened my mind towards strategic thinking and business development. So, these will help me a lot in acing exams and interviews in the future. Critical thinking, without any doubt, is required in every aspect of your life.
Question 11: One advice you would offer to other individuals taking part in such competitions.
Answer: I would suggest you just go for it. Drop those what, ifs and don'ts that limit you. Keep participating, you might fail or win but most importantly you will learn.
Question 12: Any advice for your juniors?
Answers: Keep excelling but have your share of fun as well. Don’t dive into professionalism so much that you miss the fun part out.
HIGHLIGHTS-
●Balancing his studies and corporate interests, Krishna is currently the President of the International Finance Student Association (IFSA) at Hansraj College.
●Managed to achieve new heights by acing the DU campus business conclaves, national level events and is now preparing his team for the 2023 IIBD International Case Competition. ●Currently interning in the International Division for FICCI from the month of August.
●Loves strategy and business case studies which also led to the opening of the chapter ‘KVASA’
●Has a myriad of experience in the field of consulting and finance, served as a Financial Analyst at PredictRam, Market Research Intern for FundCapita, Policy and Research Intern for Invest India and Policy intern at FICCI.
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