Katyayani Kaushik on LinkedIn: #skilldevelopment #personalgrowth #learningjourney #persistence #economics… (2024)

If you want to be a Big4 employee/intern then channelise your inner Oscar Wilde!📝..The art of storytelling is one interview strategy that I swear by. One of the most efficient way to portray yourself as the “dream” candidate.Here’s how I do it:🔆 I break down key responsibilities and terms from the job description. 🔆 I try to understand the company’s mission, culture, and values to familiarise myself with their language and key facts. 🔆 I read upon industry-specific concepts. For example, for a consulting position, getting a grasp on core business and economic terms is important.🔆 For each entry on my CV, I do thorough research and prepare for all possible questions.🔆 At last, I create a story that implies an alignment of my background with the job’s requirements.Example: For an HR role, I:🌻 Studied organizational psychology concepts, such as Maslow’s Hierarchy of Needs.🌻 Prepared examples of practical applications of these concepts, for example, using Maslow’s model to improve employee retention.🌻 Used my experience in hiring candidates for my college society to showcase my understanding of talent acquisition.🌻 Learnt key economic models and concepts to answer academic questions, if asked.🌻 Applied economic principles like opportunity cost and resource allocation to develop HR strategies, showcasing my grasp of these concepts.Just remember the aim of this activity is to control the direction of the interview. By strategically preparing the content of your answers, you guide the direction of the conversation and make a strong impression. What strategies do you swear by?Ps. Feel free to adapt and personalize this idea as you see fit.#jobinterview #interview #placement #internship—————Katyayani Kaushik I share content to help you build your knowledge in #economics, #excel, and #personalgrowth.

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Why has “price gouging” become a buzzword in the Wall Street Journal lately, and how is Kamala Harris connected to this?Here are some key points to help you understand the situation:1. Price gouging refers to raising prices on essential goods to unfair levels, especially during crises. It's a common concern when disruptions, like natural disasters or pandemics, occur.2. Recently, there’s been worry that large corporations are keeping grocery prices high even after initial supply chain disruptions have stabilised.3. The Biden administration argues that corporate greed is driving food inflation, with companies maintaining high prices to boost profits, even though supply chains have improved.4. Vice President Kamala Harris has proposed the first-ever federal ban on grocery price gouging, aiming to elevate existing state-level rules and protect consumers from excessive pricing.5. Economists are divided on whether price gouging significantly contributes to inflation. Some argue that it distracts from broader economic issues, such as pandemic-driven supply shocks and increased demand.6. Mergers between large supermarkets and food producers might reduce competition and increase prices, though some believe it could lead to efficiencies benefiting consumers in the long run.7. Even as inflation eases, prices are unlikely to return to pre-pandemic levels. The focus should be on wage growth to help consumers manage higher costs over time.8. The perception of corporate greed fuels public support for stronger regulations. Politically, shifting blame to corporations can be an effective argument, though it may lack economic grounding.9. Retail is a highly competitive industry with low profit margins. While some view the Harris proposal as a consumer protection measure, others see it as an unrealistic approach that could stifle competition.Harris’s federal ban highlights the struggle to balance corporate profits with public welfare highlighting the real challenge of fairer ecosystem. Given that evidence of price gouging is difficult to find both before and after the COVID-19 pandemic, are we focusing on symptoms rather than addressing the root causes of economic instability?Katyayani Kaushik#economy #inflation #research

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Why do we all procrastinate and skip tasks we know we should do? Find out what’s really driving our behaviour !Even when common sense nudges us in the right direction, we sometimes find ourselves making choices that aren’t in our best interest. Ever thought what holds us back from consistently making the right decisions?Here’s why a gap like this often exists between what we know and what we actually do:- Fear of starting something new: Whether it's starting a new project, or exploring a hobby, we often feel fear, leading to procrastination as we wait to feel "ready." But we forget readiness comes with action, not waiting.- Too much focus on short-term discomfort: We often focus on the immediate comfort of avoiding a task, rather than the long-term opportunities we might miss.How can we bridge this knowing-doing gap?- Start small and stay consistent: It’s not about grand plans; instead it is about focusing on taking manageable steps forward. Tiny, consistent improvements can create a lasting and powerful impact over time.- Give yourself time and space: You have to create an environment where you have the time, space, and peace of mind to start something new. Don’t fight with yourself to complete a task; instead, approach it with genuine curiosity.In the end, it’s curiosity that will help you break free from mundane days and keep the spark alive as you work toward your personal or professional goals. After all, it’s always about the journey, not just the destination.Katyayani Kaushik #selfimprovement

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Excel is a complete waste of time.....If you don't know how to use VLOOKUP or XLOOKUPVLOOKUP is a reliable function for big data sets that we usually use. It helps you find a specific value in the first column of a table and return a related value from another column in the same row. Unlike VLOOKUP, XLOOKUP allows you to search for a value in any column and return a corresponding value from any other column, whether vertically or horizontally.—-------------------------------------------------------Key Differences:Search Direction: VLOOKUP is limited to vertical searches, while XLOOKUP can search both vertically and horizontally.Match Type:VLOOKUP defaults to an approximate (TRUE) match unless you specify otherwise, whereas XLOOKUP defaults to an exact match.Flexibility: XLOOKUP can return multiple columns, handle arrays, and doesn’t require the lookup value to be in the first column.—-------------------------------------------------------When to Use What?:VLOOKUP: for quick and straightforward vertical lookups.XLOOKUP: when you need more flexibility, whether for horizontal lookups, or working with arrays.#excel #vlookup #xlookup

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Did you spend your money on skincare and hair care in lockdown? Ever wondered why demands for luxury goods doesn’t just disappear in a global pandemic? The ‘Lipstick Effect’ might surprise you!First observed by Juliet Schor in 1988 and later popularised by Leonard Lauder in 2001, this phenomenon reveals how, during economic downturns, consumers pivot from high-ticket luxury items to more affordable indulgences.India's recent economic slowdown is a perfect example for this phenomenon. Despite GDP growth dropping to 4.5% by September 2019, certain sectors were thriving. The multiplex experience is a prime example. In Spite of a GDP slowdown, major chains like PVR and Inox have continued to draw steady crowds. For many, the movie-going experience offers an affordable escape—a small indulgence that provides comfort and entertainment in challenging times. This trend underscores the resilience of sectors that cater to accessible luxuries, even when broader economic conditions are strained..Similarly, other industries are finding ways to thrive by adapting to changing consumer behavior. In recent times, social media has played a significant role in determining which categories benefit from the lipstick effect. This opens up opportunities for brands to create product-focused content (like NishHair) to capture consumer attention. Such content can even cause products to go viral, making them highly sought-after. For high-end beauty, this can be no bad thing. As in the luxury industry, sometimes scarcity is exactly what’s needed to catch consumers’ attention.The ongoing trend of consumers shifting to smaller indulgences from expensive discretionary spending has been observed for a while now in India. This shift isn’t just about cost; it’s about maintaining a sense of luxury and status, even when times are tough. As consumer spending patterns continue to evolve, it’s clear that the lipstick effect is here to stay. How do you see this trend shaping the future of consumer behaviour?#Economics #ConsumerBehavior #LipstickEffect #RetailTrends #MarketingStrategies

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Greetings connections,I am elated to share that I have joined D. E. Shaw India Private Limited as an International Human Resource Operations and Projects (IHOP) Associate.I am incredibly grateful to my friends and family for their unwavering support throughout my journey. I am eagerly looking forward to the numerous opportunities here to learn and grow exponentially in my first corporate experience.

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